SIGABA APPOINTS VICE PRESIDENT OF CHANNEL DEVELOPMENT

Neeraj Moondra Brings Extensive Business Development and Partnering Experience to Leading Security Software Company
San Mateo, CA - January 30, 2007 - Sigaba, the leading provider of security software and solutions, today announced the appointment of Neeraj Moondra as Vice President of Channel Development. In this role, Moondra will be responsible for expanding the adoption of Sigaba's Secure Messaging platform through managed service providers, system integrators and independent software vendors. He will lead the strategy and implementation for all channel efforts and report to Mike Perez, Sigaba's Senior Vice President of Sales.

"Neeraj has a distinguished career within the telecommunications marketplace including extensive experience in rolling out business solutions across national managed services networks," said Mr. Perez. "Sigaba's highly scalable security architecture, along with its patented federation technology will enable channel partners to deploy secure messaging as a critical component of their security services offering. Neeraj's product management and business development expertise will be instrumental in helping us achieve our growth objectives."

Moondra has over 12 years of partner development, product marketing and product management experience in wireless technologies, mobile data applications, and enterprise software. Prior to joining Sigaba, Moondra held the position of Group Manager, Business Solutions at Sprint Nextel. In this role, he led a team responsible for managing Sprint Nextel's industry leading enterprise grade location based services and wireless data services. Before Sprint Nextel, Moondra was Sr. Director of Product at Ikimbo, Inc., where he defined the market requirements and led the development and quality assurance of the company's secure real-time messaging platform. Moondra served in other leadership positions including business development, product marketing and product management at Ericsson, Inc. and M/A-Com Wireless, a division of Tyco Electronics.

"In-the-cloud security services will see rapid adoption by network service providers over the next five years. This is being driven by the need to protect sensitive information as it crosses organizational boundaries and to ensure that sensitive information is accessible only by authenticated parties," said Moondra. "I am excited to be part of the Sigaba team and look forward to developing a strong network of partners that will accelerate the adoption of our secure messaging solutions."

ABOUT SIGABA

Sigaba® provides patented security infrastructure solutions that enable industry and government to exchange information securely with their colleagues, customers, partners and constituents. The company's standards-based SigabaNetT platform takes the complexity out of strong encryption and enables organizations to easily authenticate users across federated environments. The result is a unique way to separately encrypt sensitive data in order to mitigate risks while strengthening relationships, improving efficiencies and safeguarding intellectual property. Sigaba's technology is used by government organizations and businesses to secure the world's most critical information. Sigaba is headquartered in San Mateo, California with sales offices in Reston, Virginia; San Diego, California; Chicago, Denver, and New York. Sigaba (sï-gá-ba) takes its name from the SIGABA encryption machine used by the United States during WWII - it was the only device of its kind never compromised by the enemy. For more information visit www.sigaba.com.

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