Press Release

Peppercoin Selects Ingrian to Aid its Credit Card Security and Compliance Efforts

REDWOOD CITY, Calif.—October 17, 2005— Ingrian® Networks, Inc., the leading provider of data privacy solutions, today announced that Peppercoin, a payments technology company that enables profitable new business models for low-priced digital content and physical goods, has chosen Ingrian DataSecure® Platforms to help secure sensitive transaction information in its corporate data centers.

Peppercoin works closely with trusted financial institutions to help them capture a larger share of the $1.3 trillion U.S. small payments market by providing merchants with a blend of pay-as-you-go, post-paid aggregation, subscription and pre-paid offerings. Like other payment processors, Peppercoin complies with the security guidelines of the credit card issuers, such as the Payment Card Industry (PCI) Data Security Standards, and encrypts sensitive data at rest.

“Today, payment processors are on the front lines of the battle to combat data theft,” stated Robert Steinkrauss, CEO of Ingrian Networks. “Because they aggregate vast amounts of transaction data, it is critical that they employ advanced security solutions and practices to secure that data. We’re proud of the fact that we provide companies with a proactive, intelligent, and highly effective way to secure their critical data and guard against a range of threats.”

By offering granular encryption, seamless integration, and centralized security management, Ingrian products enable organizations to effectively address a range of critical security gaps and the most rigorous security mandates, with unprecedented ease and cost effectiveness.  DataSecure encrypts data at the field or column level, and can be used to secure such data as credit card numbers, social security numbers, passwords, account balances, and email addresses.

“After evaluating various alternatives to further enhance our security, we found that Ingrian offered the most scalable, cost-effective approach,” said Robert Nix, CTO, Peppercoin. “Because Ingrian DataSecure Platforms centralize security policy and key management as well as provide cryptographic processing on a dedicated appliance, we can implement and manage additional encryption with a great deal of efficiency.”

About Peppercoin, Inc.

Peppercoin enables profitable new business models for low-priced digital content and physical goods. Peppercoin's small payment products help merchants, banks, and other payments companies build market adoption quickly through a flexible, consumer-friendly approach. Peppercoin integrates easily with existing business models and systems to accelerate revenues and increase profits while dramatically lowering transaction and customer service costs. For more information please visit www.peppercoin.com.

 About DataSecure Platforms

Ingrian’s DataSecure Platforms provide an intelligent, cost-effective way to protect data throughout an enterprise. As a result, organizations can better ensure that they are compliant with legislative and policy mandates for security, and eliminate the risks of data thefts. Ingrian’s breakthrough solution features dedicated hardware appliances and patent-pending cryptography software.

DataSecure offers flexible implementation options so organizations can deploy in a way that makes sense for their business and security needs—whether at the Web, application, or database level. Ingrian Platforms can be efficiently integrated in Windows, Java, Linux, and Unix environments, and they work seamlessly with leading databases—including IBM DB2, Oracle, and SQL Server.

Ingrian Media Contact

Betty Liang

Ingrian Networks

bliang@ingrian.com

650.261.2488