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Forum Systems Named a Top Emerging Network Security Company of 2004 by Growthink Research

Forum Chosen as one of the Top 10 most Promising Companies of 2004

SALT LAKE CITY--(BUSINESS WIRE)--July 27, 2004--Forum Systems, Inc., leading provider of trust management and threat protection Web services security solutions, today announced that leading venture capital research firm Growthink Research has named the company one of its "Top Emerging Companies" in the networking security sector. The Growthink Research awards honor the top private companies with the greatest potential for future success.
"Growthink Research has a proven track record of picking the trends and winners because of their unique early view of the market," said Wes Swenson, president and CEO of Forum Systems. "We are honored to receive this award and be named among such a prestigious group of companies."

Growthink Research evaluated more than 2,000 companies on a variety of stringent criteria including experience of management teams, uniqueness of each company's technology or business model, the company's track record of raising capital the likelihood of future success.

"This award highlights the adoption of Web services and the critical role of security. After evaluating over 2,000 companies, we chose Forum for its sound vision and strategic product portfolio that balances trust management and threat protection for small businesses and Fortune 500 alike," said Corey Lavinsky, president of Growthink Research. "Forum consistently raises the bar on this category and continually raises the financing required to build a big business."

About Growthink Research

Growthink Research is an independent venture capital research firm. Its proprietary database has detailed information regarding thousands of venture capital funding transactions. Emerging ventures raising capital, venture capital firms, large corporations and service providers rely on their reports to raise venture capital, identify and secure highly-qualified new clients, and gain competitive intelligence. For additional information, please call 310-823-8346, or visit the company's website at www.growthinkresearch.com .

About Forum Systems

Forum Systems, Inc. is the leader in Web services security with a comprehensive suite of Trust Management and Threat Protection solutions for the Automated Web. Forum Systems flexible hardware, software and embedded products actively protect Web services from the network edge to the application server. Forum Systems products are winners of Network Computing Magazine's Well-Connected 2004 Award and Product of the Year 2004 Award, Network Computing Magazine's Editor's Choice 2003 Award, Network Magazine's Product of the Year 2003 Award and DEMO 2004 Invitation. Forum Systems, founded in 2001, is headquartered in Salt Lake City, UT. For more information contact 801-313-4400 or http://www.forumsys.com/.

All product and service names herein may be trademarks of their respective owners.

Contacts


Kesselring Communications, LLC
Vanessa Miali, 503-380-1884
vanessa@kesselring.net

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