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July 10, 2006

New CEO for Arxan Technologies Inc.
Seasoned executive foresees exponential growth for software assurance company

WEST LAFAYETTE, Ind., SAN FRANCISCO, Calif. and Reston, Va. Arxan Technologies Inc. today (Monday, 7/10) announced that Michael T. Dager has joined the company as chief executive officer, effective immediately.

Arxan Technologies Inc. ("Arxan") provides fortified deployment solutions to protect software and hardware in untrusted environments, making products secure in deployment.

"Mike Dager is a seasoned leader with a proven track record in both the commercial and defense markets," said Rich Earley, Arxan's co-founder. "Dager's deep experience and demonstrated success in embedded and enterprise software markets make him the ideal candidate to lead Arxan into its next phase of growth and expansion."

Dager brings with him 22 years of experience in senior level positions at leading technology companies. Most recently, he served as president and CEO of Worksoft, a leading provider of automated enterprise testing solutions. Prior to Worksoft, he was president and CEO of OSE Systems Inc., growing the company from a startup in 1997 to the number two embedded operating system supplier in 2001 with a stock market valuation of over $1 billion.

Before OSE Systems, Dager held a senior sales management position at Pure Software for many years where he assisted in the rapid growth of revenue and completed an IPO in 1995. He began his career at Texas Instruments in the semiconductor division after earning a degree in electrical engineering from the University of Michigan at Ann Arbor.

"Protecting critical IP from tampering and theft is critical to preserving revenue and core competency for leading technology companies," Dager said. "Arxan's software security approach combines defense, detection and reaction to provide comprehensive, durable protection for valuable intellectual property and assets in software. Combined with hardware-rooted protection, analysis tools and expert personnel support, this makes Arxan the only provider of fortified deployment technology to effectively support the entire spectrum of anti-tamper needs in the industry today."

About Arxan Technologies Inc.
Arxan Technologies Inc. (http://www.arxan.com) provides fortified deployment solutions to protect software and hardware in untrusted environments. Arxan products and solutions fortify native and managed code products on a variety of PC and embedded platforms against tampering, reverse engineering, unauthorized use and other compromise. Arxan's EnforcIT™ technology takes software security beyond static one-time obfuscation to actively defend against, detect, and react to attempted attacks. The company supports the full gamut of anti-tamper and robustness needs, from basic copy protection all the way up to military grade assurance. Arxan's customers include government agencies, defense corporations, software vendors and content owners. Founded in 2001, Arxan Technologies has offices in West Lafayette, Ind., San Francisco, Calif. and Reston, Va.

Avni Rambhia
(765) 775-1004 ext. 116

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