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Wed, January 14, 2009

Exobox Gains Momentum Towards Information Risk Management Product Launch with Opening of Beta Program


Published on 2009-01-14 04:53:25, Last Modified on 2009-01-14 04:54:11 - Market Wire
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HOUSTON--([ BUSINESS WIRE ])--Exobox Technologies Corp. (OTCBB:EXBX) today announced that it has officially opened the Beta testing program for its new security software-as-a-service (SaaS) product for information risk management, which is scheduled to launch the second quarter of 2009.

"We are very excited to see how the Exobox vision is quickly becoming a reality with the upcoming launch of our data security product," said Gary Leibowitz, Exobox senior vice president of sales and marketing. "It is such a unique approach that truly takes information security beyond the enterprise, and we are confident from our initial market feedback that our Beta testers will be thrilled with the level of risk mitigation they can achieve with Exobox."

Leibowitz said Exobox executives have briefed leading security technology analysts on their new product and they are in agreement that the offering has the first mover advantage. The solution has been in research and development over several years, in response to the need for greater protection of intellectual property and other critical information assets that may be "leaked" from organizations. The specific nature of the service is being held confidentially until closer to the launch.

"Several large corporations have already expressed interest in becoming Beta customers," said Leibowitz. "They are anxious to get their hands on something that goes beyond traditional data loss prevention (DLP) solutions that are currently available in the market."

Companies interested in joining the Exobox Beta program are invited to send inquiries via e-mail to [ betaprog@exobox.com ].

About Exobox

Exobox Technologies Corp. develops information risk management and security solutions that help organizations protect and recover their most valuable information assets. It is committed to its vision to create a more secure environment for the information-centric community through the development of new technologies and security services. Exobox was founded in 1999 and is headquartered in Houston, Texas. For more information on Exobox, visit [ www.exobox.com ].

Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding, inability to complete required SEC filings, and others set forth in the Company's report on Form 10-K for fiscal year 2008 filed with the Securities and Exchange Commission.

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