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RECONNEX'S Donald J. Massaro NAMED 'CEO OF THE QUARTER' BY SECUTIY ANALYST AND CONSULTING FIRM TRUSTED STRATEGIES

MOUNTAIN VIEW, Calif., (May 3, 2004) – Reconnex, an enterprise security company pioneering the development of high performance security appliances designed to reduce the costs and damage associated with disclosures of confidential information, has announced that Donald J. Massaro, president and CEO, has been named "CEO of the Quarter." Massaro received this prestigious title from Trusted Strategies, a leading analyst firm in the security space. Massaro is the first recipient of this title which will be highlighted in a new feature in the analyst firm’s electronic newsletter called "Trusted Vision," which provides a succinct overview of the significant events shaping the security industry. The newsletter was issued today and can be accessed at http://www.trustedstrategies.com/nl1/welcome.php.

"Donald J. Massaro is a rare breed of CEO that combines decades of technology leadership experience with the ability to assimilate and use fresh insights. He is one of the few CEOs that has ridden the technology wave over the years with a successful track record of bringing startups through to IPO or acquisition," said John Muir, managing partner, Trusted Strategies. "Those who know Don admire his ability to punch through obstacles while cracking jokes and confounding critics. Venture capital investors support Don because of his steady hand and relentless energy in achieving a vision. An engineer on a mission and a collector of vintage cars, Donald J. Massaro is a Silicon Valley classic."

Massaro, a self-described serial entrepreneur, was selected as the Trusted Strategies’ "CEO of the Quarter" based on his history of being able to identify burgeoning markets and tap their potential. He has a 30-year history of successfully developing and managing technology companies, and is at the helm of Reconnex, an exciting enterprise security company dedicated to pioneering the development of high-speed network security appliances that have the unprecedented ability to look inside a corporation’s network traffic to see company sensitive information in the act of being disclosed, regardless of communications method. For the first time, companies can see in real-time the sensitive information leaving their corporation that can damage their brand, their competitive advantage or even negatively impact shareholder equity.

Massaro has been recognized for his contributions and vision for various technologies coming out of Silicon Valley, but he is not your typical Silicon Valley CEO. Rather, he is an icon in the Valley based on industries he created in the past and the path he is now creating for the future of security. His background of turning start-up ventures into thriving, profitable businesses lends a great deal of credibility to the company’s mission and ability to make it a success.

"From my early days as one of the founders of Shugart Associates, where I invented the 5.5-inch floppy disk drive industry, I have been fortunate enough to be in the right place at the right time, with the right set of skills," said Massaro. "Over the course of the last 30 years, it has been a privilege to be a part teams that have brought to market many innovative technologies, such as Ethernet, the client-server architecture, the "iconic" computer using windows and mice, and many of the other technologies in common use today. As I look at my current role at Reconnex and the next wave of what’s really hot, security is truly the place to be. I am as confident as I was with my other start-ups, that Reconnex is well positioned to bring about the next paradigm shift in the security industry. Our technology will save companies, CEOs and their Board of Directors from millions of dollars in financial losses associated with confidential information disclosures"

About Donald J. Massaro

Donald Massaro graduated from the University of Notre Dame with a Bachelor of Science degree in Aeronautical Engineering. He received a Master of Science degree in Mechanical Engineering from Northwestern University and was a Ph.D. candidate at the University of California at Berkeley, studying Heat Transfer and Thermodynamics. Massaro has been married to wife, Joyce, for 27 years and has 3 children. They live in Atherton.

About Reconnex

Founded in May 2003, Reconnex safeguards confidential information and reinforces the trust companies have in employees. The company has pioneered the development of high performance, hardware accelerated security appliances designed to prevent accidental and intentional disclosures of confidential information with the accuracy and scalability needed for enterprise deployments. Reconnex solutions give business line managers the unprecedented ability to see and control confidential information before it leaves the corporate network. Reconnex products are deployable in minutes with zero impact to business workflow. Intuitive Trusted Virtual Views allow different departments like legal, compliance, finance, sales and HR departments to track high-valued and sensitive information over the corporate network. Reconnex is an important part of any company’s compliance strategy with high-profile regulations such as GLBA, Sarbanes Oaxley, and HIPAA. For more information, visit us on the web at www.reconnex.net or call 1-866-940-4590.

About Trusted Strategies

Trusted Strategies focuses exclusively on the business of Information Technology Security and delivers a broad range of analyst and consulting services to investors, venture capitalists, merger and acquisition specialists, and IT security product companies. Trusted Strategies provides advisory services to investment bankers, venture capitalists and institutional investors; research reports on select industry sectors and companies; and consulting services to emerging IT security firms. Trusted Strategies combines the strength of decades of firsthand experience in the IT security sector with comprehensive research resources to provide focused, industry-leading strategic analysis and insight. Trusted Strategies offers 85 years of executive experience in developing and marketing security products to Fortune 50 companies and the Federal government. Its partners have founded multiple successful firms, served on numerous Boards of Directors, and participated in initial public offerings, corporate mergers and acquisitions. The team's acumen spans every critical business function including engineering, marketing, finance, sales and executive management.
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“I can now sleep at night, because I know exactly where our sensitive customer and account information is going.”

Jeff Karafa
Senior Vice President and Chief Financial Officer
Community Bank
Dearborn, Michigan