Cenzic Names Matthew Elson Vice President of Sales as Momentum Soars

May 25, 2007

Santa Clara, Calif. - May 25, 2007 - Cenzic Inc., the leading provider of application security assessment and risk management solutions, today announced the appointment of Matthew Elson as the company's vice president of sales. An accomplished leader, Elson brings more than 15 years of sales and business development experience to Cenzic where he will be responsible for the direction and management of the sales group and all sales matters at the company.

"Matt brings a significant level of knowledge and experience to our company and will help to drive Cenzic's leadership within the web application security market," said John Weinschenk, CEO and president of Cenzic. "A proven sales executive, Matt will build on Cenzic's successes, increase revenues and help us execute our growth plans."

Elson joins Cenzic from i2 Technologies, Inc., a leader in supply chain management, where he served as senior vice president of Master Data Management sales and marketing. At i2 Technologies, Elson built a global field operations infrastructure and significantly exceeded his revenue goals. Prior to i2 Technologies, he served as vice president of worldwide server software sales for Borland with responsibility for all sales, business line growth and management of executive relationships. Elson began his career in investment banking at Kidder, Peabody & Co and has held executive sales management positions at WebGain, Oasis and BEA Systems. He holds his Bachelor of Arts degree in English Literature from UCLA.

"I'm thrilled to join such an exceptional company in the expanding and dynamic market of Web application security," said Elson. "Cenzic's reputation for providing the industry's best solution and support provides the perfect springboard for expanding the customer base and increasing revenue."

The search for the vice president of sales position was conducted by Taylor Winfield. Through key relationships with premier venture capital firms, maturing client companies, and their executive network of visionary industry leaders, Taylor Winfield has conducted searches to create hundreds of high tech core management teams in enterprise software (applications & infrastructure), wireless, networking, computer hardware, services and semiconductors.

About Cenzic, Inc.
Cenzic, www.cenzic.com, 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. Cenzic solutions are the most accurate, comprehensive, and extensible in the industry. With its flagship Hailstorm product line that includes Hailstorm Starter, Hailstorm Core, Hailstorm Professional, Hailstorm Enterprise ARC (Application Risk Controller) and the ClickToSecure managed service, Cenzic is the only company in the industry to offer a complete application security assessment suite for enterprises of all sizes. Cenzic's current focus includes financial services, e-retail, healthcare, and government sectors. Investors include Hummer Winblad Venture Partners, JK&B Capital, Advanced Technology Partners and Mohr Davidow Venture Partners.