EdgeWave Announces Comprehensive Email Protection Suite With Centralized Management for Secure Messaging In-the-Cloud

SAN DIEGO, CA--(Marketwire - Aug 16, 2011) - In response to mounting industry concerns over the increase in email-borne threats, and more stringent data protection requirements, EdgeWave Inc., (OTCBB: EWVE) (OTCQB: EWVE), a leader in Secure Content Management (SCM) solutions, today announced a new suite of fully-hosted services designed to provide unified policy management and multi-layered protection from threats to security, compliance, retention and the timely delivery of legitimate, business-critical email. An expansion of the EdgeWave Email Security Platform (formerly Red Condor), the Messaging Security Suite combines award-winning email security and archiving with proprietary email continuity, data loss protection and email encryption services, using an integrated management, provisioning and reporting platform.

"When we acquired Red Condor last year it was clear there was enormous potential for a compelling and differentiated service offering in the cloud," said Lou Ryan, President and CEO of EdgeWave. "We identified a clear market need for scalable, value-based secure messaging services, and Red Condor's unique technology platform provided the perfect foundation for us to leverage their existing email security capabilities to drive continued innovation and meet the challenges of a changing threat environment. The evolution of Red Condor into the new EdgeWave Messaging Security Suite validates our ability to execute on our business strategy, and our emphasis on secure messaging will be the catalyst for future company growth."

The EdgeWave Messaging Security Suite includes the following best-of-breed solutions and features for ensuring complete email security, data loss protection and high availability:

• Unified Management Console: Easy-to-use interface provides a convenient, central point of control for management, reporting and provisioning. Enables rapid deployment and enforcement of email policies.
• Inbound and outbound spam filtering: Award-winning, enterprise-class email security and email management services featuring patented, proprietary technologies that protect mission-critical email from spam, phishing, malware, unpredictable email volumes and other outside threats.
• Data Loss Protection: A unique content analysis and policy engine that uses proprietary technology to analyze, detect and prevent private or confidential data from leaving the network, supporting compliance with government regulations, such as HIPAA and GLBA.
• Email Continuity: As part of EdgeWave's Email Security solution, this proprietary service enables continuous web-based email access, management, and use during planned or unplanned mail server outages, mitigating disruption to the flow of critical, legitimate business communications.
• Email Encryption: Available soon in beta, the EdgeWave Email Encryption service provides confirmation of message delivery and comprehensive reporting with message tracking and an audit trail to support regulatory and other requirements.
• Email Archive: A highly scalable SaaS solution that reduces discovery risks, preserves email, and automatically enforces email retention policies, to help enterprises meet requirements for regulatory compliance, litigation issues, storage management needs, or fulfill business best practices guidelines.

"Mid-sized and smaller businesses, as well as their enterprise counterparts, face threats from inbound and outbound email, as well as the Web, and they have a critical need to maintain the continuity of email communications," said Michael Osterman, principal of Osterman Research. "Moreover, these organizations have a growing number of obligations to archive, encrypt and otherwise protect content and communication channels. EdgeWave's expansion of its offerings is truly making the company a one-stop shop that can address just about every need that organizations have."

"In today's business environment, email is a mission-critical application. Concerns over regulatory, legal and financial exposure have prompted businesses to introduce rigorous security measures and compliance requirements, creating the need for reliable and efficient email policy management, said Ron Kaplan, Director of Product Management at EdgeWave. "Many DLP, email encryption and compliance solutions can be expensive to deploy and maintain, and create a complex email environment. This latest innovation in our suite of security products is a direct response to these concerns. By delivering a multi-layered solution that offers preventive and reactive threat defense, with granular policy enforcement across an integrated platform, the EdgeWave Messaging Security Suite simplifies email and data security management and ensures reliability and uptime in a cost-effective, cloud-based deployment."

The EdgeWave Messaging Security Suite is available now. Some services are available via on-premises appliances. Pricing provided upon request.

For more information regarding EdgeWave and its Secure Content Management solutions, please visit www.edgewave.com or call 1-800-782-3762.

About EdgeWave Inc™
EdgeWave Inc. (OTCBB: EWVE) (OTCQB: EWVE) develops and markets on demand, on-premises, and hybrid Secure Content Management (SCM) solutions to the mid-enterprise and service provider markets. The EdgeWave portfolio of web, email and data protection technologies delivers comprehensive secure content management with unrivalled ease of deployment and the lowest TCO on the market. The company's award winning iPrism Web Security and Email Security products have been expanded to include email archiving, data loss protection, and email encryption services. With 6,500 customers and over 200 partners worldwide, EdgeWave strives to deliver simple, high performance solutions that offer excellent value.

Based in San Diego, California, EdgeWave markets its solutions through a network of value added resellers, ISPs and MSPs, distributors, system integrators, OEM partners and directly to end users. For more information about EdgeWave, visit www.edgewave.com

©2011 EdgeWave, Inc. All rights reserved. The EdgeWave logo, iPrism, and the Red Condor Logo are trademarks of EdgeWave, Inc. All other trademarks and registered trademarks are hereby acknowledged

This press release may contain forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, among other things, any statements of the plans, strategies, and objectives of management; any statements concerning proposed new products, services, or developments; any statements regarding future growth, including statements that emphasis on secure messaging will be the catalyst for future company growth; statements of belief and any statement of assumptions underlying any of the foregoing. The risks, uncertainties and assumptions referred to above include, among other things, performance of contracts by customers and partners; employee management issues; the timely development, production and acceptance of products and services and their feature sets, including the acceptance of in the cloud services and products; the challenge of managing asset levels, including inventory; the flow of products into third-party distribution channels; and the difficulty of keeping expense growth at modest levels while increasing revenues. Announcements of contract awards should not be interpreted as reflecting revenue in any particular period and may relate to revenue recorded in prior periods. These and other risks and factors that could cause events or our results to differ from those expressed or implied by such forward-looking statements are described in our most recent annual report on Form 10-KSB, as well as other subsequent filings with the Securities and Exchange Commission. We assume no obligation and do not intend to update these forward-looking statements.