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Mi5 Networks Appoints Denise Sandoval
Vice President of Finance

Emerging Leader in Web Security Gateway Market Fills Out Management Team with Veteran Finance Executive

SUNNYVALE, Calif., March 17, 2008 — Mi5 Networks, the web security gateway company, today announced the appointment of Denise Sandoval as vice president of finance. Sandoval brings to Mi5 Networks more than 20 years of experience managing finance and operations for networking and telecommunications companies from start-up to acquisition. She assumes responsibility for managing the company’s finance, accounting, legal, information technology, and human resources functions.

“Denise Sandoval is a proven technology industry executive with a successful track record for managing the finance functions for fast growing start-ups,” said Doug Camplejohn, founder and CEO of Mi5 Networks. “Denise will play a pivotal role in guiding Mi5 Networks from successful start-up to market leader in the web security space.”

Sandoval joins Mi5 Networks from Calient Networks, a maker of telecommunications equipment, where she was vice president of finance and administration. She managed the accounting, legal, IT, and human resources functions, set up international offices, and consolidated subsidiaries. Prior to Calient, Sandoval was Controller of Photuris, a maker of optical networking equipment, where she developed and managed a five year operating plan. Previously, she was Controller for AccessLan Communications where she built the company’s entire financial infrastructure, directed and managed cash flow, the financial operating plan, and directed financial operations through the company’s acquisition by Advanced Fibre Communications (AFC). Prior to AccessLan, Sandoval managed the financial functions at Applied Signal Technology, MadenTech Consulting, and Network Equipment Technologies (N.E.T.) Federal. Sandoval holds a B.S. in Finance from the University of Colorado, Boulder, and a CPA certificate through the Commonwealth of Virginia.

About Mi5 Networks

Mi5 Networks enables organizations to defend their web perimeter, and eliminate lost employee productivity, PC clean-up costs, and data theft associated with undetected malware. The company’s Webgate security appliances protect organizations against web-based threats, including malicious URLs, spyware, crimeware, botnets and viruses, while providing control over web use. Mi5 Networks was positioned by Gartner Inc. in the visionaries quadrant of the Secure Web Gateway Magic Quadrant report for 2007.[1] Mi5 Networks is privately held and based in Sunnyvale, California. For more information visit: www.mi5networks.com.

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About the Magic Quadrant:
The Gartner Secure Web Gateway Magic Quadrant is copyrighted June 4, 2007 by Gartner, Inc., and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartnerís analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the ìLeadersî quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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