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Tumbleweed Press ReleasesTumbleweed Delivers Next Generation Managed File Transfer Solution to Protect Data Privacy and Guarantee the Delivery of Information Sent Across the Internet New Version of SecureTransport Offers Secure and Reliable Alternative to File Transfers Via Physical Media or Unsecured FTP Redwood City, CA – June 15, 2005 – Tumbleweed® Communications Corp. (NASDAQ:TMWD), a leading provider of file transfer and email security solutions, today announced the latest update to Tumbleweed SecureTransport™, the company’s award-winning Managed File Transfer solution. This release of SecureTransport extends the security, authentication, and reliable delivery capabilities enterprises need to protect the privacy of sensitive data exchanged with trading partners and customers:
According to an ongoing report by the Privacy Rights Clearinghouse, over 10 million people have been notified that their personal information has been compromised in the last three and a half months alone. While these losses have resulted from a combination of hacks, insider breaches, and lost laptops, over half have been the direct result of computer tapes being lost or stolen in transit. When losses occur, the brand and customers of the originator of the data, trusted with their protection, are placed at risk. “With the increase of public awareness of data privacy breaches by large well recognized Fortune 500 corporations, every organization that collects, manages, or exchanges sensitive customer data needs to consider how they are securing and managing their file transfers,” said Frank Kenney, Principal Analyst, Gartner. “File transfer solutions such as courier services for physical media and homegrown file transfer solutions solely using unsecured FTP can be vulnerable to data privacy breaches, through accidental disclosure, hackers, and fraud. Managed File Transfer suites should be heavily considered when dealing with the movement of large amounts of sensitive data to help protect from these types of data privacy breaches.” Based on open standards, Tumbleweed SecureTransport is an enterprise-class managed file transfer solution for moving financial transactions, critical business files, large documents, XML, and EDI transactions over the Internet and private IP networks. Winner of the 2004 "Best Communications Security" award from the prestigious Secure Computing (SC) Magazine, SecureTransport moves billions of dollars in financial transactions daily, and has been deployed at over 20,000 sites around the world, including 8 of the top 10 U.S. banks, top credit reporting agencies, the Federal Reserve, the US Treasury, and major payment networks. SecureTransport provides a secure, integrated Internet alternative to legacy file transfer methods like physical media exchanges or standard FTP, allowing organizations to retain full control with authenticated access, integrated security policies, audit trails, strong encryption, and guaranteed delivery with non-repudiation. “Ironically, recent events are demonstrating that the Internet can be more secure than the physical world when it comes to moving around personal information,” said Jeffrey Smith, President and CEO of Tumbleweed. “Companies are being held accountable for what happens to the information they're entrusted with. Our SecureTransport solution gives our customers the control and management they need to ensure that they're living up to that trust.” About Tumbleweed Communications Corp. SAFE HARBOR STATEMENT Except for the historical information contained herein, the matters discussed in this press release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected, particularly with respect to Tumbleweed’s file transfer products. In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions. For further cautions about the risks of investing in Tumbleweed, we refer you to the documents Tumbleweed files from time to time with the Securities and Exchange Commission, particularly Tumbleweed’s Form 10-K filed March 16, 2005 and Form 10-Q filed May 10, 2005. Tumbleweed assumes no obligation to update information contained in this press release, which represents the Company’s expectations only as of the date of this release and should not be viewed as a statement about the Company’s expectations after such date. Although this release may remain available on the Company’s website or elsewhere, its continued availability does not indicate that the Company is reaffirming or confirming any of the information contained herein.
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