Mi5 Networks to Debut New Anti-Spyware Appliances at DEMO 2006

Brightmail, Netscreen and TurnTide Executives and Investors Back New Security Company

Sunnyvale, Ca- January 9, 2006 – Mi5 Networks, a provider of enterprise-class anti-spyware gateway appliances, today announced it has been selected to present at DEMO 2006 in Phoenix, Arizona. The three-day conference, which runs from February 6th-8th, attracts the industry's leading thinkers and decision-makers and showcases innovative new products.

"Spyware has become one of the top security concerns for enterprises today. Mi5 Networks has a unique approach for tackling this threat, backed up by a seasoned management team and investors," said Chris Shipley, executive producer of the DEMO Conferences. “We are featuring technologies at DEMO that will have the greatest impact on the way that enterprises conduct business in 2006, and we are pleased to showcase Mi5 Networks among this group."

Doug Camplejohn, Mi5 Networks’ CEO, will give the first public demonstration of Mi5 Networks’ Enterprise Spygate appliance, a multi-layered security platform that provides accurate and comprehensive protection against spyware.

"We are pleased to have been hand-selected out of hundreds of applicants to participate at DEMO 2006," said Doug Camplejohn, CEO and co-founder of Mi5 Networks. “We’re also proud to have the support and backing of some of the people behind the security industry’s hottest companies, like Brightmail & TurnTide (both acquired by Symantec (SYMC)) and Netscreen (acquired by Juniper (JNPR)).”

Investors

Mi5 Networks has secured its Series A funding from its management team, Brightmail founder Sunil Paul and Brightmail angel investors Ron Conway, Mark Pincus and Mike Homer. With additional investments from Rakesh Loonkar, former vice president of sales at Netscreen, TurnTide investor Josh Kopelman of First Round Capital, and others, Mi5 Networks will use the initial round of investment to fuel the company's sales and marketing rollout.

"Mi5 Networks is an exciting new startup, well positioned to lead the enterprise anti-spyware security space with their line of appliances built from the ground up to prevent spyware,” said Ron Conway, Brightmail investor and founding general partner of Angel Investors, LP “The Brightmail angel investors are looking forward to making the magic happen again.”

About Mi5 Networks

Mi5 Networks is a provider of Anti-Spyware security appliances providing best-of-breed spyware protection for mid-to-large enterprises. Mi5 Networks’ Enterprise Spygate appliance utilizes a multi-layered spyware prevention architecture, Counter Spyware IntelligenceTM, that is only available on Mi5 Networks’ Enterprise Spygate appliances, and combines QuickScan, DeepScan, and MultiScan technologies to block spyware websites, drive-by and file downloads, and outgoing communications associated with spyware. Mi5 Networks is a privately held company with headquarters in Sunnyvale, California. For more information, go to www.mi5networks.com or call 888-ANTI-SPY. Mi5 Networks is an active member of the Anti-Spyware Coalition (ASC), www.antispywarecoalition.org.

About DEMO 2006

DEMO is the premier launch venue for new products, technologies, and companies. For more than 10 years, DEMO has established a reputation for identifying and presenting to an elite audience the products most likely to have a significant impact on the marketplace and market trends in the coming year. Each product is carefully screened and selected by DEMO's Executive Producer, Chris Shipley, one of the top trend spotters in the personal technology product industry. DEMO is held two times a year in February and September.