Cryptek Completes Acquisition of ION Networks

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Acquisition of secure network access product line significantly expands market opportunity for growing company.

We are extremely pleased to have ION Networks join the Cryptek family

Cryptek, Inc. (http://www.cryptek.com), a leading provider of trusted identity and secure network access products and solutions for government and industry today announced that it has completed the acquisition of ION Networks (http://www.ion-networks.com). ION Networks, based in South Plainfield, New Jersey, is a leading provider of remote management and secure network access products and solutions.

ION Networks delivers a new level of security and control to remote network access. The solution is ideally suited to the management of remote access by vendors, suppliers and remote service providers. For example, IT vendors often require remote access to enterprise networks in order to perform maintenance and upgrades. Organizations are often forced to open gaps in their network security by providing broad SSL VPN access to these vendors. ION Networks closes this security gap by limiting third party access to specific network resources without hindering their ability to provide service. The ION Networks solution provides a cost-effective, easy-to-use, central management interface for security policy administration, auditing, alarm trapping and notification and a single sign-on portal for third party access. The ION Networks solution helps to ensure compliance with complex security requirements such as those imposed by the Sarbanes-Oxley Act, the Graham-Leach-Bliley Act and the Payment Card Industry (PCI) Security Standards.

"We are extremely pleased to have ION Networks join the Cryptek family," said Bill Anderson, Cryptek's President & CEO. "ION has developed an innovative solution to the challenging problem of remote network access for vendors and third parties. The ION Networks product line will be of great value to our global customer base in government and industry."

"ION Networks has been quietly filling a significant hole in the enterprise security market," said Brian Hajost, Executive Vice President of Cryptek. "In addition to enhancing the product line and extending the global reach for ION Networks, we are committed to providing excellent service to our newly expanded customer base."

The ION Networks solution has enjoyed significant market acceptance for its products. More than 60,000 ION Networks devices have been deployed in more than 35 countries.

About Cryptek:
Cryptek, Inc. (http://www.cryptek.com/), a privately-held company based in Sterling, Virginia, is an industry leader of dynamic and trusted identity and access control solutions and TEMPEST products. With over 20 years of experience in developing and delivering security solutions, Cryptek has worked with numerous companies as well as defense & civilian agencies. Cryptek solutions have been awarded the EAL 4 rating by Common Criteria (CC) and numerous cryptographic module evaluation certificates as part of the National Institute of Standards and Technology (NIST) Federal Information Processing Standards Publication (FIPS PUB140).

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John Kyle
Cryptek
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