Metaforic Receives Funding From Pentech Ventures to Expand Worldwide Operations

SAN JOSE, Calif., Oct. 1 /PRNewswire/ -- Metaforic, a leading provider of
anti-tamper solutions, today announced the closure of a $2 million funding
round from software specialist venture capitalists Pentech Ventures and the
Scottish Co-Investment Fund. The funding will be used to enhance Metaforic's
European presence and to expand the company's worldwide operations including
sales and marketing in the United States.

Metaforic provides real world solutions to the increasing threat of software
hacking, loss of software integrity, and data theft. In response to the
growing commercial demand for software protection and integrity, this
injection of capital will allow Metaforic to bring its groundbreaking
technology - MetaFortress - to market. The funding comes on the heels of
Metaforic being named as one of the security industry's rising stars. Last
month, Metaforic was selected as a semi-finalist in the Global Security
Challenge (GSC). The GSC is a worldwide organization which runs an
international business competition to find and select the most promising
security startups.

"The technology and product that the team at Metaforic have built and their
initial go-to-market has been very impressive," said Sandy McKinnon, partner
with Pentech Ventures. "We believe that the MetaFortress approach is the most
technically advanced method of software protection currently available, but
more than that it is in addressing the ease of use and minimizing the overhead
in any application performance that positions Metaforic as a potentially
world-leading company in this space. MetaFortress is a product that could take
military-grade security to mass market software.

"Also Metaforic have solutions that are unique for cloud computing, which
could make them very strategic to the uptake of that technology. We are very
excited to be working with the team on this first phase of building
Metaforic," added McKinnon.

With enterprise software hacking at its highest level of penetration to date,
the need for robust and effective security solutions is a major concern.
MetaFortress uses advanced techniques to provide pervasive protection to
software in a manner that makes the effort involved in hacking extremely
tedious and lengthy to even the most sophisticated pirates. With MetaFortress,
protection times that average in the minutes are transformed into protection
times lasting months or even years.

"Current products on the market offer limited protection, huge performance
penalties and complicated, lengthy deployment procedures," said Andrew
McLennan, CEO of Metaforic. "MetaFortress makes no such compromises.
MetaFortress offers the highest level of software protection on the market,
with near zero performance impact, yet it only takes about an hour to deploy.
With our recent investment from Pentech and the Scottish Co-Investment Fund,
we are well positioned to expand our organization and introduce MetaFortress
to the worldwide market."

About Metaforic
Headquartered in Glasgow, Scotland, with offices in San Jose, Calif.,
Metaforic develops anti-tamper products to protect any software application,
as well as DRM systems, Client Applications and License Management Systems.
'MetaFortress' armors applications from the inside out, preventing and
protecting against all forms of tampering, piracy and the most sophisticated
hacking attacks. Metaforic's revolutionary software is easy to use and offers
extreme protection with near zero performance impact. Further information is
available at Metaforic's website www.metaforic.com

About Pentech Ventures
Pentech Fund I was launched in July 2001 to invest in early stage software
companies in the UK and Ireland, and made 11 investments, three of which have
exited, with the remaining portfolio at varying stages of development. Pentech
Fund II was launched in November 2007, and will invest in UK/Eire companies in
enterprise software, telecoms software, Internet, mobile, embedded
applications, and tech media.

The Pentech Partners and Advisory Group Members have gained considerable
experience in founding, developing and exiting software businesses, both in
Europe and in the US, with a number of the Advisory Group team being based in
the US. Pentech utilizes the wide experience of the team, together with our
international network of industry contacts, to identify software opportunities
with global potential, and to work with these companies to realize that
potential.

The Pentech Fund is managed by Pentech Ventures LLP, and numbers the European
Investment Fund amongst its investors. Pentech Ventures is regulated by the
FSA. http://www.pentechvc.com

MEDIA CONTACTS: Andrew McLennan Paul Roberts
Metaforic, Ltd. Davies Murphy Group
+44 (0) 141 333 6580 781.418.2418
andrew.mclennan@metaforic.com metaforic@daviesmurphy.com
www.metaforic.com www.daviesmurphy.com

SOURCE Metaforic

MEDIA, Andrew McLennan of Metaforic, Ltd., +44-(0)-141-333-6580,
andrew.mclennan@metaforic.com, or Paul Roberts of Davies Murphy Group,
+1-781-418-2418, metaforic@daviesmurphy.com