For Immediate Release Contact: Jeremy Milner
401-862-9422
jeremy@jeremymilner.com

Courtney Chandler
617-375-4217
courtney@revolutionpartners.com
...........................................................................................................

REVOLUTION PARTNERS ADVISES GUARDEDNET, INC.

ATLANTA, GA, & BOSTON, MA (November 11, 2002) - GuardedNet
(www.guarded.net), a leading provider of advanced network security management software solutions, announced that it has received $9 million in Series A financing led by Boston-based M/C Venture Partners, one of the most active and experienced venture capital firms in the network communications sector. Revolution Partners, LLC, an investment banking firm active in the network security sector, acted as exclusive financial advisor to GuardedNet, Inc. The transaction further demonstrates Revolution Partners’ expertise in the security sector. Previous experience in this space includes advising DefendNet, Inc. on its sale to Guardent, Inc

GuardedNet will use the additional capital to respond to strong customer demand by expanding its sales force, and enhancing the services and support it provides to its global customer base. GuardedNet sells an innovative, real-time security event management solution to enterprise and government customers including communications giant, Cox Communications, leading

managed security services provider, NETSEC and transportation and logistics leader, Norfolk Southern.

“This financing will enable us to expand our footprint, enhance our existing customer relationships, grow market share and fulfill our vision of becoming the vendor of choice for security intelligence,” said Tom McNeight, president and CEO of GuardedNet. “An
investment from an experienced and respected venture firm like M/C in this tight funding environment is a testament to the strength of our security management solution and the incredibly talented people we have here at GuardedNet.”

GuardedNet’s flagship product, neuSECURE, provides a centralized monitoring software platform for event logging, event correlation, threat analysis, threat response and forensic investigation of the enormous quantities of security event data. neuSECURE enables centralized security event management and improves the operational efficiency of an enterprise’s security team.

neuSECURE correlates log data files from disparate network devices such as firewalls, intrusion detection systems, intrusion prevention systems, anti-virus software, computer systems and routers and automatically analyzes this data to uncover legitimate threats to the enterprise. It lets security teams prioritize investigations to focus on the mission- critical task of responding to the real threats. With neuSECURE, security teams can manage threats from early detection to final resolution without ever leaving the intuitive, web-based console.

About GuardedNet
GuardedNet Inc. delivers advanced security management software solutions. Its leading software solution, neuSECURE, centrally monitors, correlates and performs threat analysis in multi-vendor enterprise security environments. Its ability to correlate and
analyze log data files from disparate machines in real-time enables security administrators to overcome log data overload and detect and respond to security breaches as they are occurring, rather than after the damage is done. neuSECURE has improved
the security and the operational efficiency of numerous security operations centers (SOCs), including those at leading financial, transportation and data communications institutions. GuardedNet is a private company, headquartered in Atlanta, Georgia. For
more information about GuardedNet, please visit www.guarded.net.



Revolution Partners is one of the nation's largest investment banks focused exclusively on Mergers & Acquisitions and Private Capital Fundraising Advisory Services for technology companies. All of our clients benefit from senior-level attention from partners with deep sector expertise.

Revolution Partners was founded in 2001 by former senior technology bankers from major Wall Street investment banks. With offices in Boston, San Francisco and Los Angeles, Revolution applies partner-level experience to the successful execution of advisory and financing transactions for emerging technology companies in industry sectors including software, Internet business services, telecommunications, wireless, clean tech, digital media, storage and semiconductors. For more information, visit www.revolutionpartners.com.

 
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Investment services are provided through Morgan Keegan & Company, Inc., member FINRA and SIPC. Securities and insurance products sold through Morgan Keegan are not FDIC insured, not a deposit, not an obligation of or guaranteed by any bank, or any government agency, and may lose value.