Vigilinx Receives Additional Financing Commitment

Vigilinx positioned for continued growth with strong balance sheet and strong results.

Parsippany, NJ (PRWEB) March 13, 2002 - Vigilinx, a leading full service provider of digital security solutions, today announced the commitment of an additional $5 million of financing from Thayer Capital Partners. This additional commitment from Thayer will enable Vigilinx to continue accelerated investment in sales and marketing, product development for both the v-Logic engine, which fuels the Vigilinx managed security services offering and IntelliSHIELD, the foundation for the Vigilinx line of knowledge products," said Bruce Murphy, Chief Executive Officer of Vigilinx. Vigilinx continues to experience significant growth in all of its key metrics including clients, service subscribers and contract wins. Large multi-national corporations continue to select Vigilinx as their trusted security partner."

We continue to be impressed by the results of Vigilinx in a very challenging market environment," said Rick Rickertsen, Chief Operating Officer of Thayer Capital Partners. We are pleased to show our support for the companys vision and execution of its business plan."

About Vigilinx
Vigilinx is a leading digital security solutions company, offering a complete line of security products and services including security intelligence, managed security services, knowledge products, security advisory consulting, integration services, investigation/forensics services, and training. The company has industry practices devoted to vertical markets including financial services, telecommunications, government, media and entertainment, and general services. The firm serves both mid-sized and Fortune 500 companies including New York Life Insurance Company, General Electric, AT&T, News Corporation, and Cardinal Health. Visit the company online at www.vigilinx.com.

About Thayer Capital Partners
Thayer Capital Partners is a rapidly growing private equity investment firm based in Washington, DC. With two private equity funds totaling more than $1.2 billion, the firm manages buyouts and growth equity investments in two major sectors - growth manufacturing (including electronics, industrial components and outsourced manufacturing) and business services (including information technology and services and outsourced business services). Thayer has made capital investments exceeding $950 million in more than 50 transactions in the last four years. Visit the company online at www.thayercapital.com.

# # #

FOR MORE INFORMATION, CONTACT
Iris Goldhaber
Director of Marketing, Vigilinx Inc.
973.541.5404