Press Release

Merchants Billing Services Adds Additional Layer of Security for Credit Card Data with Ingrian

DataSecure Platforms Offer Key Solution for Adhering to Legislation and Ensuring Data Privacy

REDWOOD CITY, Calif.—August 16, 2004—Ingrian™ Networks, Inc., the leading provider of data privacy solutions, today announced that Merchants Billing Services (MBS) has selected Ingrian DataSecure™ Platforms as an additional layer of security for the privacy and protection of their customers’ credit card data. With Ingrian, MBS cost effectively and securely manages the encryption of sensitive data in application servers and databases, and secures this data as it is being transmitted and stored throughout the enterprise.

Companies that conduct credit card transactions, or in any way store or manage credit card information, must thwart increasingly sophisticated theft attempts. In addition to the potentially devastating consequences that such thefts pose, companies must also comply with more stringent security policies set forth by credit card issuers—like Visa’s Cardholder Information Security Program (CISP)—and adhere to legislation like California's Database Security Breach Notification Act, SB 1386.

“As we looked at the various pieces of privacy legislation being implemented and the ongoing incidence of security breaches taking place, it became clear to us that we needed to augment our existing security capabilities by managing encryption inside our enterprise,” explained Mark Hall, chief technology officer, Merchants Billing Services. “After evaluating the alternatives available, we became convinced that Ingrian’s approach—providing a centralized appliance that selectively manages encryption, keys, and policies—gave us the most secure and most cost-effective way to protect data in the enterprise.”

Ingrian DataSecure Platforms offer intelligent, granular control over what data is protected, they adhere to open standards and are cost effective to deploy, and they deliver comprehensive security capabilities. Ingrian DataSecure Platforms …

• Encrypt critical data in Web, application, and database servers.
• Ensure all access to critical data is carefully managed, logged, and controlled.
• Administer keys and policies in a secure, centralized fashion.
• Ensure security processing is highly scalable and reliable.

“We’re very proud to have MBS added to our list of customers,” stated Robert Steinkrauss, CEO of Ingrian Networks. “Companies like MBS must adhere to stringent security policies of Visa and other card issuers, and, in doing so, they’re exploring ways to cost-effectively secure the critical data they manage as it is being stored and used within the organization. As they look to available alternatives, credit card processors are increasingly choosing Ingrian.”

About Merchants Billing Serv

Merchants Billing Services is committed to providing cost-effective, user friendly payment processing services for merchants and bank partners worldwide. With its United States, Asia and European processing platforms, it is a single source provider for all merchant processing and reporting needs for non-cash payment programs including Credit Cards, Debit Cards, Check and Gift Cards.

Merchants Billing Services, Inc. (MBS) is a registered Independent Sales Organization (ISO) and Merchant Service Provider (MBS) of JP Morgan Chase Bank and Nova Payment Systems and is a registered reseller for Deutsche Bank. It combines the aggregate experience and resources of several companies that have been involved in the payments industry since 1994 and is headquartered in Las Vegas, NV, with regional offices in California, Germany and Guam. For more information, visit www.mbs-us.com.

About Ingrian Networks

Ingrian Networks brings complete data privacy to the enterprise. Ingrian DataSecure Platforms ensure that sensitive information is impervious to attacks, whether data is in storage, in transit, or in use. Ingrian DataSecure Platforms offer intelligent, granular control of which data to protect, they adhere to open standards and are cost effective to deploy, and they deliver comprehensive security capabilities. For all these reasons, Ingrian is the smart choice for addressing one of today’s most critical security threats: data left unprotected within the enterprise. Ingrian is a privately held company backed by such investors as American Express (NYSE:AXP), Globespan Capital Partners (formerly JAFCO Ventures), Partech International, and Prism Venture Partners. For more information, visit www.ingrian.com.

Ingrian Media Contact

Betty Liang

Ingrian Networks

bliang@ingrian.com

650.261.2488