St Bernard Enhances Financial Flexibility and Access to Growth Capital

SAN DIEGO, CA--(Marketwire - July 28, 2008) - St. Bernard Software, Inc. (OTCBB: SBSW), a leader in Web security appliances, announced today the completion of a debt refinancing and enhanced line of credit with Partners for Growth II, L.P. The agreement provides access to a $1.5 million revolving line of credit that will be used to pay off a high interest rate bridge note and provide access to additional working capital to support the company's growth.

The new agreement provides the Company with several advantages, including additional borrowing availability, dramatically reduced interest rate, and greater flexibility in managing working capital.

"We are pleased with the confidence that Partners for Growth has shown in our growing business," said Vince Rossi, president and CEO of St. Bernard. "Our continued delivery of operating results has enabled us to establish this new relationship and gives us the ability to better manage our growth. This new credit facility allows for greater flexibility, and will be used to support our growth in 2008, and beyond."

Details of the transaction are available in the Company's Form 8-K filing.

About Partners For Growth II, L.P.

Partners for Growth ("PfG") provides custom debt solutions to private and public emerging growth technology and life science companies. PfG's custom approach results in a variety of structures and terms including working capital lines of credit, term loans and convertible debt. PfG looks to share in the success of its clients by taking equity participation rights in the form of stock warrants or convertibility of its debt.

About St. Bernard

St. Bernard offers a full suite of secure content management solutions that integrate on-premises appliances with on-demand services to protect corporate networks from online threats, manage bandwidth use and enforce acceptable use policies. This industry-leading hybrid solution platform offers the security and control of an on-premise appliance with the scalability of an on-demand service.

St. Bernard's suite of iPrism® solutions -- iPrism Web Filter, iPrism IM Filter and iPrism Email Filter -- prevent Internet threats, such as spam, viruses, spyware and phishing, from entering corporate networks across all electronic communications: email, IM and Web.

Established in 1995 with headquarters in San Diego, CA, St. Bernard sells and supports its products directly and through solution partners worldwide. For more information, please visit www.stbernard.com.

©2008 St. Bernard Software Inc. All rights reserved. The St. Bernard Software logo, LivePrism, iPrism, and iGuard are trademarks of St. Bernard Software 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 projections of earnings, revenues (including where the underlying contract has already been signed), or other financial items; any statements of the plans, strategies, and objectives of management for future operations; any statements concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance; 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; 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.

Contact Information: Contact: Lorrie Hunsaker St. Bernard 858-524-2041