For Immediate Release

SKYBOX SECURITY ANNOUNCES DAVID F. BATISTA AS PRESIDENT
AND CHIEF EXECUTIVE OFFICER (CEO)

Former Zone Labs Executive Brings Over 25 Years of Experience
Growing Enterprise Software Companies

PALO ALTO, CA - February 8, 2005 - Skybox® Security, Inc., the leader in Security Risk Management (SRM), today announced the appointment of David Batista as the president, chief executive officer and a member of the board of directors. Gidi Cohen, founder and member of the board of directors, is appointed to the position of chief strategy officer.

Mr. Batista brings over 25 years of leadership in sales, marketing, finance and general management in the high technology industry to Skybox Security. He is a visionary executive who has built skilled teams and implemented winning strategies resulting in dramatic revenue and profit growth. Mr. Batista received a Bachelor of Arts degree from Princeton University.

Most recently, Mr. Batista was Chief Operating Officer and Vice President of Sales and Services at Zone Labs, Inc. (recently acquired by Check Point). He has held a number of senior executive positions at leading companies including IBM, Novell, Lexis-Nexis, and Gateway,

"Skybox has a tremendous opportunity to solve a big pain point for enterprises today - the lack of visibility into their state of security - and lead the emerging security risk management market," said Mr. Batista. "Skybox has proven it is poised to deliver on this vision with its strong and seasoned senior management team and extremely rapid traction among some of the industry's most respected enterprises. I am excited to join Skybox and help guide the growth of the company."

"David has clearly established himself as an outstanding leader with a proven track record. Success is a direct result of leadership, and David's extensive experience in building predictable and profitable business models for high-growth enterprise software companies will enable Skybox to further accelerate its expansion and capitalize on the market for security risk management," said Skybox founder Gidi Cohen.

About Skybox Security

Skybox® Security, Inc. is the leader of next-generation Security Risk Management (SRM) solutions. The company's flagship product, Skybox® View, is the first enterprise software platform that raises vulnerability assessment, threat analysis, remediation planning and change management to the business risk level where it belongs. By combining business impact analysis and simulation with vulnerability data and network modeling, enterprises can continuously maintain risk-resilient networks, reduce regulatory compliance exposures, and shrink the window of exposure from months to hours.

With Skybox View security professionals can take a disciplined approach to measure business risk exposure, understand effectiveness of remediation alternatives, justify mitigation efforts (ROI), and minimize damage from attacks while lowering operating cost. By enhancing current best practices and internal controls with automated risk management analysis, security, network and business units can work more effectively as a team. Skybox solutions have been successfully deployed at highly respected Global 2000 companies worldwide.

Founded in 2002 the company is headquartered in Palo Alto, California and is backed by Benchmark Capital, Lightspeed Venture Partners, Carmel Ventures, and Mofet Technology Fund. For more information contact (650) 565-8060 or http://www.skyboxsecurity.com.

About Skybox View

Skybox® View automates labor-intensive risk assessment and remediation planning processes. Skybox View helps enterprises continuously collect, identify visualize and understand the total risk exposure of digital assets and proactively prioritize and optimize the mitigation steps necessary to prevent internal and external attacks. It represents the missing piece for assessing, evaluating and mitigating pre-attack exposures, taking network information and business impact into account. Unique patented modeling and attack simulation technologies generate a virtual map of business asset exposures, distilling thousands of vulnerabilities down to the one to two percent that really matter. "What if" planning analysis puts security, network and business teams on the same page, empowering IT organizations to balance the cost and benefit of proposed remediation, network changes or patches before deployment. Open collection architecture leverages existing and future investments in firewall, router, network and vulnerability scanner technologies.

Contact:
Vanessa Miali
Kesselring Communications, LLC
vanessa@kesselring.net
503.380.1884