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GigaTrust Secures $11 Million Investment Led by Stanford Financial Group

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Mon Sep 29, 2008 10:41am EDT

Financing Reflects Success of High-Growth Enterprise Rights Management
Security Solution

HERNDON, Va., Sept. 29 /PRNewswire-USNewswire/ -- GigaTrust, the market leader
in Enterprise Rights Management (ERM) security solutions that extend
Microsoft's Windows Rights Management Services (RMS), announced today that it
has closed its $11 million Series E financing with new and existing investors.
Stanford Financial Group, the major investor in the round, joined existing
investors Atlantic Capital Group, Kirnaf Ltd., USA Fund, and GlenRock
Ventures. 

The funds will be used to build on GigaTrust's high-growth U.S. operations and
global expansion into Europe, Asia and the Middle East to meet global demand
for its security products. In 2007, GigaTrust had record revenues, new
products announcements such as CAD security with the acquisition of Pinion
Software, and new customer additions, including the largest RMS deployment in
the world at the U.S. Department of Veterans Affairs. GigaTrust also made new
partnerships with IBM and RIM.

"We are pleased to have the Stanford Financial Group join the GigaTrust team,"
said Robert Bernardi, Chairman and CEO of GigaTrust. "This new round of
funding is a testament to our role as the leader in the high-growth market of
information protection and will enable GigaTrust to broaden its global reach
while continuing to drive innovation into our suite of security products."

GigaTrust's ERM security solutions, built on Microsoft's Windows Rights
Management Services (RMS), enable anyone-to-anyone collaboration inside or
outside the enterprise. The company's email and content security software
adhere to complex regulatory compliance and corporate governance requirements
that many organizations face. 

About Stanford Financial Group
Stanford Financial Group is a privately held global network of independent,
affiliated financial services companies. Stanford's core businesses are
private wealth management and investment banking for institutions and emerging
growth companies.

The Stanford Financial Group of companies provides private and institutional
investors with global expertise in asset allocation strategies, investment
advisory services, award-winning policy and equity research, international
private banking and trust administration, commercial banking, investment
banking, merchant banking, institutional sales and trading, real estate
investment and insurance. Stanford has over $50 billion in assets under
management or advisement. 

Securities products and services are offered in the United States by Stanford
Group Company, member FINRA/SIPC. Stanford Financial Group is not a legal
entity, but a registered trademark that encompasses the global network of
independent, but affiliated, privately held and wholly owned entities. More
information on the company can be found at www.stanfordfinancial.com.

About GigaTrust
GigaTrust is a cutting-edge provider of email and content security software
products serving customers in both the public and private sectors in the U.S.
and Internationally. GigaTrust is the only provider of the Intelligent Rights
Management(TM) solution, which combines innovative, next-generation content
security technologies built on the foundation of Microsoft Windows Rights
Management Services. GigaTrust's Intelligent Rights Management solution
enables secure anyone-to-anyone collaboration by persistently protecting
content (at rest, in transit, or in use). GigaTrust's family of
products/services are easy to use, easy to deploy, and completely transparent
to the author or recipient of the email or content. GigaTrust's
products/services include security solutions for email and document
protection, automated external user provisioning, web content, network file
shares, e-discovery enablement, and the Blackberry mobile device. GigaTrust is
headquartered in Herndon, Va., and with regional offices throughout the United
States and is a Microsoft Gold Partner. For more information about GigaTrust,
visit www.GigaTrust.com. 




SOURCE  GigaTrust

Marisa Hagerman, Sage Communications, +1-703-584-5637, marisah@aboutsage.com,
for GigaTrust
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