McAfee, Inc. Completes Acquisition of Solidcore Systems, Inc.

* Reuters is not responsible for the content in this press release.

Mon Jun 1, 2009 4:05pm EDT

McAfee Combines Continuous Compliance and Dynamic Application Whitelisting to
Significantly Expand its Market Reach
SANTA CLARA, Calif.--(Business Wire)--
McAfee, Inc. (NYSE: MFE) today announced that it has completed the acquisition
of privately owned Solidcore Systems, Inc. for approximately $33 million in cash
up front and with an earn-out of up to an additional $14 million if certain
performance targets are met. McAfee can now offer the industry`s first
end-to-end compliance solution that includes dynamic whitelisting and
application trust technology, antivirus, antispyware, host intrusion prevention,
policy auditing and firewall technologies. 

As businesses seek to more easily mitigate the risks associated with vulnerable
or malicious applications downloaded by employees, they will extend beyond
signature-based anti-malware with the addition of dynamic whitelisting and
application trust technology. The integration of Solidcore with McAfee will
provide customers with a high level of system integrity and security across
their physical and virtual environments, and allow customers to more quickly and
easily meet compliance requirements. 

"Solidcore has become a critical component to our ability to meet our Payment
Card Industry compliance requirements, while protecting our point of sale
infrastructures throughout all of our 193 stores across Canada," said Mike
Lewis, executive vice president and CIO for Giant Tiger Stores, one of the
largest family discount store chains in Canada. "As a McAfee ePolicy
Orchestrator software customer, we are eager to reap the combined benefits of
Solidcore`s dynamic whitelisting and real-time file integrity monitoring with
the comprehensive security and compliance management capabilities of the McAfee
ePO console. This is definitely a win-win for our company and our investments." 

"IT organizations need broad sets of solutions that help manage across multiple
stovepipes in order to give IT executives a clear view of what`s happening
within the company`s IT infrastructure," said Fred Broussard, research director
for PC, Device and IT Service Management at IDC. "With Solidcore's compliance
and governance capabilities, McAfee gains granular control over managing changes
to the IT environment. This capability is especially important to IT
organizations that use process standards like ITIL to help manage their IT
environments." 

"With this transaction, McAfee has significantly expanded its reach to include
security for embedded devices, including automated teller machines, point of
sale systems, multifunction printers, Supervisory Control and Data Acquisition
systems (SCADA) and mobile devices," said George Kurtz, senior vice president
and general manager, McAfee. "We will give customers a single security platform
for dynamic file and application control across the enterprise following the
integration of Solidcore`s products into the McAfee ePolicy Orchestrator
console. The end result will be improved IT compliance, security and
availability." 

For additional information, please reference the acquisition landing page at
http://www.mcafee.com/us/about/corporate/mcafee_Solidcore.html and the McAfee
Security Insights Blog at http://siblog.McAfee.com/. 

About McAfee, Inc.

McAfee, Inc., headquartered in Santa Clara, California, is the world's largest
dedicated security technology company. McAfee is committed to relentlessly
tackling the world's toughest security challenges. The company delivers
proactive and proven solutions and services that help secure systems and
networks around the world, allowing users to safely connect to the Internet,
browse and shop the web more securely. Backed by an award-winning research team,
McAfee creates innovative products that empower home users, businesses, the
public sector and service providers by enabling them to prove compliance with
regulations, protect data, prevent disruptions, identify vulnerabilities, and
continuously monitor and improve their security. http://www.mcafee.com. 

Forward-Looking Statements: 

This release contains forward-looking statements, which include those regarding
McAfee`s future plans for the Solidcore business, McAfee`s expectations as to
the opportunities resulting from the acquisition of the Solidcore business, and
McAfee`s expectations regarding the integration of Solidcore`s products and
business. Factors that could cause the actual results or outcomes from the
acquisition to be materially different from those anticipated include, among
others, the inability to integrate successfully Solidcore within McAfee and the
customer response to, and acceptance of, the combination of Solidcore`s products
with McAfee`s products. In addition, actual results are subject to other risks
and uncertainties that relate more broadly to McAfee`s overall business,
including those more fully described in McAfee`s filings with the SEC, including
its annual report on Form 10-K for the year ended December 31, 2008, and its
subsequent quarterly report on Form 10-Q. The forward-looking statements in this
press release are based on information available to McAfee as of the date
hereof, and McAfee expressly disclaims any obligation to update any
forward-looking statements. 

NOTE: McAfee, ePolicy Orchestrator, Solidcore and any additional McAfee marks
herein are registered trademarks of McAfee, Inc. and/or its affiliates in the
U.S. and/or other countries. McAfee Red in connection with security is
distinctive of McAfee brand products. All other registered and unregistered
trademarks herein are the sole property of their respective owners. Product
specifications subject to change at any time without prior notice. © 2009
McAfee, Inc. All rights reserved. 





McAfee Investor Relations:
McAfee, Inc.
Kelsey Doherty, 917-842-0334
Kelsey_Doherty@McAfee.com
or
McAfee Public Relations:
McAfee, Inc.
Tracy Ross, 650-245-8466
Tracy_Ross@mcafee.com
or
McAfee, Inc.
Tony Thompson, 408-387-8444
TThompson@mcafee.com

Copyright Business Wire 2009

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