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TRUST DIGITAL SALES MOMENTUM CONTINUES

Growth Attributed to Successful Global Media Campaign and Enterprise Concerns Over Smartphone Security; New Customers Include Fortune 500 Companies and Federal Agencies

McLean, VA—November 10, 2006 —Trust Digital, a leading provider of enterprise software solutions targeted at securing smartphones and PDAs, reported that revenues more than tripled in the third quarter of this year over the same period in 2005.  The company attributes this dramatic growth to its recent globally recognized media campaign and the rapidly growing requirement that corporate data residing on smartphones must be protected. 

Q3 new customer wins include:

  • Trust Digital—the only mobile security vendor with FIPS 140-2 validation for the Windows Mobile 5 platform—was selected to secure mobile devices agency-wide for the Department of Veterans Affairs.
  • One of the world’s largest automotive finance companies enlisted Trust Digital to protect their mobile devices with end-point security and policy compliance.
  • A Fortune 500 chemical concern selected Trust Digital software as its smartphone device security standard.
  • As the first vendor to provide a security solution for the Microsoft Exchange ActiveSync environment, Trust Digital was chosen by a large East Coast university to provide its Device Management Security (DMSec) solution for more than 500 of the school’s devices.
  • One of the largest financial industry associations in the US selected Trust Digital to secure their employees’ Treo devices in an effort to address information security “best practices” and to comply with the spirit of Sarbanes-Oxley public company data security requirements.
  • Four agencies within the State of California selected Trust Digital to secure their smartphone devices in response to State policy that mandates encryption for portable computing devices. 

“The past quarter has been one of the strongest in the company’s history and we are currently on track to exceed our 2006 revenue plans,” said Trust Digital’s CEO, Nick Magliato.  “The significant media exposure Trust Digital has received—while raising global awareness that smartphone data is at risk—has contributed to this success.  We continue to grow the list of Fortune 500 and large government customers that are standardizing on Trust Digital’s smartphone software to protect their sensitive corporate information.”

About Trust Digital

Trust Digital is the leading provider of mobile security software, securing enterprise data that resides at the edge of the network where smartphones, handhelds and PDAs have access to corporate information. By implementing Trust Digital’s policy-based software solution, corporations eliminate the regulatory and financial risks associated with the accidental or malicious disclosure of data through unsecured PDAs and handhelds. Trust Digital’s customer base includes Government organizations, as well as leading Financial Services and Healthcare companies. For more information, please visit our website, www.trustdigital.com.


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