For Immediate Release Oct 26, 2004 8:00 AM EDT

Skybox Security CEO Gidi Cohen to Speak at Robert Francis Group (RFG) Summit

Compliance Risk Management Experts Share New Technologies and Best Practices

PALO ALTO , CA - October 27, 2004 - Skybox® Security, Inc., the leader of Security Risk Management (SRM), today announced that its CEO, Gidi Cohen, will participate as a compliance risk management panel expert at the elite RFG Summit Reducing Risk, Restoring Trust: A Leadership Role for IT . Hosted by independent analyst firm Robert Frances Group, the summit takes place October 28-29 in San Francisco , CA at the Four Seasons Hotel.

Complying with regulations such as Sarbanes-Oxley (SOX) will have cost U.S. companies billions of dollars in 2004 alone. Due to fierce deadlines, enterprises will be restricted in terms of using those compliance-related investments to improve processes within their organization. The panel titled "Document Internal Controls: The Role of Forensics Tools and Other New Technologies in Identifying Risk" will discuss how new technologies and better processes can reduce the risk of financial loss within the organization. Evan Bauer, principal research fellow for RFG, will moderate the panel. Joining Skybox' CEO are distinguished industry executives from NLayers, Countrywide Financial Corp. and Lumigent.

"Gidi Cohen brings rare technical and business security expertise to the RFG Summit and is a highly rated speaker at our conferences. We are thrilled to have him back to extend his knowledge on security risk management to current compliance issues," said Ken Bauco, RFG Summit conference coordinator.

About Robert Frances Group (RFG)

Robert Frances Group (RFG) is a leading source for unbiased technology research focused on the needs and concerns of enterprise users. With an emphasis on providing practical, business-oriented advice, RFG research and advice focuses on the critical issues users face deploying leading-edge technologies. These include contract review, return on investment (ROI) and total cost of ownership (TCO) analysis, vendor viability, standards, strategies, organizational structures, regulatory requirements and compliance, technology infrastructure, policies and procedures, and vendor relationship management. More information is available by contacting RFG via telephone at (US) +203/291-6900, by fax at (US) +203/291-6906 or via e-mail at info@rfgonline.com.

About Skybox Security

Skybox Security, Inc. is an enterprise software company that develops and markets next-generation exposure risk management solutions that help enterprises identify and mitigate critical risks in hours versus weeks. Unlike conventional vulnerability management solutions, the company's flagship product, SkyboxT View, leverages existing firewall, router, network and vulnerability data to apply breakthrough modeling and attack simulation technologies that reveal the one to two percent of reported vulnerabilities that impact critical business applications. With Skybox View, executives and security professionals can dramatically raise security levels by shrinking the window of exposure from weeks to hours, understand critical exposures in the same terms, and apply scarce security resources where they are needed most.

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

Contact:

Vanessa Miali

Kesselring Communications, LLC

vanessa@kesselring.net

503-380-1884