Chesapeake Innovation Center Selects Secured Processing as Client Company

Technology Counters Insider Threat to IT System Attacks

ANNAPOLIS, MD — (October 10, 2003) — Secured Processing Inc. (SPI) announced today their investiture as a client company of Anne Arundel County's new business incubator, the Chesapeake Innovation Center (CIC). The CIC is the nation's first technology incubator focusing on homeland security. SPI is an early stage security and information assurance technology company competitively selected by the CIC after a rigorous selection process from over 100 applicants.

Secured Processing Inc. provides sophisticated security and information assurance systems for personal computers, workstations, and networks offering multiple security levels and remote access capabilities for federal agencies and industrial contractors with information assurance requirements.

Their patented Sentinel Cyber Security System is a hardware-based security system for personal computers or workstations to securely process data at multiple security levels, reducing the number of procured workstations normally required for each security level and providing significant cost savings. The Sentinel employs a Smart Card user interface that defines user access rights for sophisticated access control.

Mr. Terence T. Flyntz, CEO of SPI and inventor and patent holder of the Sentinel Technology, states, "the Sentinel Technology is designed to operate within the PC and workstation, which is the point of entry for all IT operations and the greatest point of vulnerability for security attacks." According to Mr. Flyntz the Sentinel is "specifically designed to counter the insider threat that accounts for at least 60% of all successful attacks on IT Systems."

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