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Bloombase joins with SNIA to accelerate adoption of storage security

HONG KONG SAR, PRC - Jul 7, 2005, Hong Kong - Bloombase Technologies announced today they join with Storage Networking Industry Association (SNIA) China with attempt to accelerate adoption of storage encryption to network storage systems.

Networked storage is a mission critical technology within the IT infrastructure, since the IT era, corporate assets slowly experienced a paradigm shift from real assets to information. Enterprises cannot risk exposing their confidential data to third parties nor they can tolerate unauthorized tampering which yields data storage pollution.

Bloombase Technologies develops and markets Spitfire StoreSafe network storage encryption appliance. Spitfire StoreSafe is a standalone storage appliance with hardware accelerated cryptographic capability to encrypt storage data as they are written to storage device and decrypt as they are read. Spitfire StoreSafe protects databases, corporate digital assets, user files, business and financial data, archives, invaluable intellectual property, user credentials and email storage from prying eyes and tampering.

SNIA-China's technology center is housed with rich network storage resources and equipment for interoperability testing and technical support for network storage related technologies and products.

About the SNIA

The Storage Networking Industry Association (SNIA) is a not-for-profit organization, made up of more than 300 companies and individuals spanning virtually the entire storage industry. SNIA members share the common goal of advancing the adoption of storage networks as complete and trusted solutions. To this end, the SNIA is uniquely committed to delivering standards, education and services that will propel open storage networking solutions into the broader market. For additional information, visit the SNIA web site at http://www.snia.org.cn.

About Bloombase Technologies

Bloombase Technologies formulated a vision for next generation enterprise application integration and electronic data interchange to secure and accelerate information exchange. This vision brings together distributed and heterogeneous systems with seamless connectivity and empowers enterprise applications and systems with security by use of state-of-the-art cryptographic, service-oriented architecture and network technologies.

Media Contact:

Sharon Kwok
Bloombase Technologies
Website: http://bloombase.com
Tel: +852-3690-2928
Email: sharon.kwok@bloombase.com

Bloombase is a trademark of Bloombase Technologies and may be registered in certain jurisdictions. All other product and company names mentioned are the property of their respective owners and are mentioned for identification purposes only.

Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. The success of the agreements and products described above and the future operating results of Bloombase Technologies may differ from the results discussed or forecasted in the forward-looking statements due to factors that include, but are not limited to, risks associated with new versions and new products, the availability of Bloombase Technologies' products and services, implementation of products and services, existence of errors or defects in products, rapid technological change, dependence on the Internet, significant current and expected additional competition and the need to continue to expand product distribution and services offerings. Bloombase Technologies assumes no obligation to update the information in this press release.