Cenzic Recognized as a Microsoft Certified Partner, Experiences Substantial Momentum in Q2

Santa Clara, CA—07-18-2006—Cenzic, Inc. today announced results from the company's most successful quarter to date, expanding revenue by 400% in Q2 over Q1 and signing several new customers in key verticals. Included in this exponential growth is an increasing adoption of the company's ClickToSecure� Software as a Service (SaaS) offering, which rose at an impressive clip of 100% over Q1, bringing 30% of it's customer base on board via this managed service. This recent momentum underscores Cenzic's value in providing brand protection to enterprises by helping to secure their web applications with application lifecycle security assessment products and services.

Cenzic rounded out the quarter by becoming a Microsoft Certified Partner, recognizing Cenzic's expertise and impact in the technology marketplace. As a Certified Partner, Cenzic has demonstrated expertise with Microsoft technologies and a proven ability to meet customer needs. Microsoft Certified Partners receive a rich set of benefits, including access, training and support that give them a competitive advantage in the marketplace.

"Only companies that have demonstrated high levels of customer service, proved their experience and attained advanced certification receive the designation of Microsoft Certified Partner," said Allison Watson, vice president of the Worldwide Partner Sales and Marketing Group at Microsoft Corp. "Today, Microsoft recognizes Cenzic for its skills and expertise in providing customer satisfaction with Microsoft products and technologies."

The Microsoft Partner Program was launched in October 2003 and represents Microsoft's ongoing commitment to the success of partners worldwide. The Microsoft Partner Program offers a single, integrated partnering framework that recognizes partner expertise, rewards the total impact partners have in the technology marketplace, and delivers more value to help partners' businesses be successful.

This quarter was also a notable period for Cenzic in terms of product initiatives, market education and industry recognition. Cenzic recently announced its "No Website Left Behind" initiative, with a "Free Validation" offering as the first step in the program. This initiative offers organizations the ability to test one application which has been tested with another tool or service for free via Cenzic's ClickToSecure. Ultimately, this program is designed to help security teams validate the success of their existing testing methods and plug the holes that are commonly left exposed due to outdated or cost prohibitive testing techniques. Additionally, Cenzic continued it's contributions to market education by offering a series of webcasts™ and live Hackinar addressing best practices in web application testing, and was also named to the SD Times 100 list for it's innovation and thought leadership in the overall security industry.

"Ensuring that all companies have the opportunity to secure their websites is now more important than ever given the recent string of high-profile breaches and incidents of data theft," said John Weinschenk, president and CEO of Cenzic. "Cenzic's work in Q2 is evidence of our ability to deliver critical services to customers in a variety of industry segments, and validates our own success within the rapidly emerging web application security market. Partnering with Microsoft is an important strategic building block and endorsement of our solutions and we embrace the opportunity to work closely with Microsoft for years to come."

Cenzic is the only company in the industry to have both a state-of-the-art software solution, CenzicÃ�® Hailstorm®, and a managed service (SaaS), ClickToSecure™, allowing enterprises the flexibility to use either solution or both based on their needs. These offerings help companies protect their web-based applications from potential security threats by emulating the way real hackers work in order to test applications for security vulnerabilities and compliance issues. Using a Stateful Assessment™ approach, Cenzic provides companies with highly accurate results without the "false positives" often associated with the first-generation application scanners, enabling customers to minimize the risk of running critical business applications via the web by addressing emerging application threats and minimizing the business impact of application security initiatives.

About Cenzic

Cenzic is a leading provider of the next-generation enterprise software and a leading Managed Service offering for automated application security assessment and compliance that allows Fortune 1000 corporations, mid-sized corporations, and government organizations to dramatically improve the security of web applications. CenzicÃ�® Hailstorm®, the most accurate and extensible product in the industry, enables security experts, QA professionals, and developers to work together to assess, analyze, and remediate applications for security vulnerabilities. Hailstorm benefits include reduced security risk and liability, lower development and testing costs, and faster time-to-market. Cenzic ClickToSecure™ service is one of the industry's first Software as a Service (SaaS) to combine the power of an enterprise-class application security assessment product with the flexibility of a managed security service. Cenzic Assessment Methodology completes the solution with a state-of-the-art business process consulting service to help customers improve their application security methodologies. Cenzic solutions are the most accurate, comprehensive, and extensible in the industry. Cenzic's current focus includes financial services, e-retail, healthcare, and government sectors. For more information, visit www.cenzic.com.