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FOR IMMEDIATE RELEASE

Dave Kettler, Managing Director
H.I.G. Ventures

Paul Pishal, CFA
H.I.G. Ventures

LANCOPE SECURES $5.55 MILLIONS IN SERIES A ROUND OF FINANCING

April 10, 2002 - Lancope, Inc., provider of the StealthWatch™ line of advancedIntrusion Detection System (IDS) security appliances and a leader in the emerging Network Threat Management market category, today announced that it has closed $5.55 million in a Series A round of financing led by venture capital firms H.I.G. Ventures and GMG Capital Partners. Lancope will use this capital to expand product development, sales and marketing efforts. Lancope's StealthWatch, named "Most Impressive of 2001" by eWeek Magazine, has attracted an installed base of over 20 major customers including Weather.com and Nielsen Media Research.

Lancope also announced today four new appointments to the Company's boardof directors: David Kettler and Paul Pishal, of H.I.G. Ventures, and Joe Gfoeller and John Patton, of GMG Capital Partners. This team brings to the board proven track records in building successful network security and network infrastructure companies and deep management experience in both Fortune 500 and start-up companies."In Lancope, we saw a company that had very quickly built a stable of satisfied
customers, the most critical proof-point for future success," said David Kettler,managing director at H.I.G. Ventures. "In addition, we saw a unique technology that addresses the weaknesses in today's signature-based IDS solutions and promises
outstanding growth potential for solving tomorrow's network security challenges."

Substantially all of today's IDS systems are signature-based and are therefore subject to security breaches by undocumented, fragmented, or encrypted attacks. In addition, signature-based IDS systems suffer from performance constraints inherent to their architecture and are also known to be administratively burdensome due to the overwhelming number of false alarms they generate. Lancope's StealthWatch is not signature based and delivers advanced IDS capabilities using a patent-pending flow-based architecture. StealthWatch detects advanced attack methods such as Trojan Horses, Worms, DoS Attacks and Port Probes. In addition to robust IDS functionality, StealthWatch serves as a platform for security policy management and forensic analysis. Sold as an appliance, it is a "Plug and Protect" system that is easy to install and use and is the first to monitor network traffic at up to Gigabit line speeds.

"Lancope solves a critical piece of the network security puzzle for its customers," said Joe Gfoeller, managing partner of GMG Capital Partners. "Lancope has demonstrated early market leadership by successfully validating its solution in security sensitive business sectors including financial services, insurance and health care. My partners and I are proud to be associated with the company and its top flight team and we look forward to being their partners in growing this exciting business." "This investment is a recognition of the general need in corporations and
government organizations for more complete network security," said Dr. John A.Copeland, chairman of Lancope, and a chaired professor at the Georgia Institute of Technology. "It will facilitate a rapid deployment of the StealthWatch technology, which provides these organizations with a defense against new and modified computer network attacks, those which do match cataloged signatures."

About Lancope
Lancope, based in Atlanta, is a leading provider of network threat management solutions to combat today's advanced hacking exploits. Its flagship product StealthWatch™, is an advanced Intrusion Detection System (IDS) security appliance. Named "Most Impressive of 2001" by eWeek Magazine, Lancope has attracted an installed base of over 20 major customers including Weather.com and Nielsen Media
Research. For more information, visit www.lancope.com.


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