Pilot Network Services Restructures Company to Address Economic Downturn

Continues Focus on Core E-Business Security Technologies



Apr 02, 2001, 01:00 ET from Pilot Network Services, Inc.

    ALAMEDA, Calif., April 2nd /PRNewswire/ --
 Pilot Network Services, Inc.(R) (Nasdaq: PILT), the first provider of secure,
 subscription-based e-business services, today announced that it has taken
 important measures to restructure its operations to address the economic
 downturn. Pilot reduced its workforce by 23% on March 30th, thereby decreasing
 its costs to better deal with the current economic outlook. Staff reductions
 will address the softening economy, however, the core technology and security
 competencies are not affected.
     "In spite of the market downturn, the Internet continues to be critical to
 business and protection is needed against hackers that are working around the
 clock to probe networks and devise new methods of attack," said Pilot CEO
 Marketta Silvera. "Pilot provides this protection and has taken appropriate
 steps to dedicate all our resources to customer service, security operations
 and technology advancement," she added.
     Companies are signing up for Pilot's network-based protection because
 e-business is increasingly vulnerable to emerging viruses, spoofing, Denial of
 Service and Distributed Coordinated attacks that prevail on the Internet.
 Pilot has recently featured several customer success stories in press
 releases, such as Newsweek, Sovereign Bank, Venture Law Group, and RAND.
 Recent Pilot technology announcements include a new secure remote access
 service, SRW+, the Pilot Cyber Barometer(TM), a monthly report to help
 e-businesses identify trends in Internet attacks, the introduction of Pilot
 Security News, an on-line service to inform and educate businesses and
 organizations implementing e-business about current security news and
 vulnerabilities reported by Pilot's Investigations and Audits Group.
     At this time Pilot also announces board resignations of Marvin Zonis and
 Tom Kelly.
 
     Pilot Protected:  Security based on the Heuristic Defense Infrastructure
     When companies choose to be Pilot Protected, it means that their
 e-business data and communications are secured from unauthorized access,
 tampering, and viruses -- 365 x 24 -- by the patent-pending Pilot Heuristic
 Defense Infrastructure (HDI). The HDI is a powerful combination of a
 multi-layered, distributed architecture, continually evolving defense
 processes and methodologies, and the expertise of security engineers. This
 unique combination learns from the experience of attack attempts to further
 harden defenses against known -- and emerging -- criminal hacker techniques.
     The principle underlying the Pilot HDI is that security is a process, not
 a single event. Pilot security is always responding and evolving, getting
 increasingly stronger with each test and each attack attempt. Each attack
 attempt is databased, and if the same technique is tried again, it is
 recognized and repelled. These automated defenses become stronger over time,
 since every attempt becomes a valuable lesson learned.
     Another vital element of Pilot protection is a team of security experts
 who monitor the Heuristic Defense Infrastructure in real time. When an attack
 technique is not immediately identified by automated monitoring, Pilot
 security engineers put their knowledge to work, developing modifications and
 upgrades and incorporating them into the permanent defenses of the Heuristic
 Defense Infrastructure. These security enhancements are deployed immediately
 to all subscriber networks and protect all Pilot subscribers.
 
     About Pilot Network Services, Inc.
     Pilot Network Services, Inc. is the first provider of highly secure,
 subscription-based e-business services. As the Security Utility(TM) pioneer,
 Pilot enables secure e-business for companies of all sizes in every industry
 by providing a wide range of services with built-in security to protect
 enterprise networks. Pilot protected e-business services include secure
 hosting, secure Internet access, and Extranet/VPN services. Customers can
 choose options including encryption, authentication, access control, virus
 scanning, and web filtering. Pilot provides the highest level of protection
 available today by connecting businesses to the Internet through Pilot
 Security Centers. Protection from hackers, viruses, and other threats is built
 into the Pilot network with an advanced, distributed security architecture
 called the Pilot Heuristic Defense Infrastructure(TM) (HDI(TM)). The Pilot HDI
 combines the most advanced technology with 24 x 7 monitoring by security
 engineers to continually evolve and proactively defend Pilot clients'
 e-business interactions against attack. Pilot can be reached at 888-40-PILOT
 or online at www.pilot.net and info@pilot.net.
     Except for the statements of historical fact contained herein, the matters
 discussed in this news release are forward-looking statements that involve
 certain risks and uncertainties that could cause actual results to differ
 materially, including potential fluctuations in results of operations, the new
 market for Internet security monitoring, detection and defense services,
 impact of competitive products and services, and risk factors listed in
 Pilot's filings with the SEC.
     NOTE:  Pilot, Pilot Network Services, Inc., the Pilot logo and Pilot
 Corporate Partner Privacy are the registered trademarks of Pilot Network
 Services, Inc. and are registered with the U.S. Patent and Trademark Office,
 and the Pilot Heuristic Defense Infrastructure, Pilot Protected, and HDI are
 trademarks of Pilot Network Services, Inc.
 
 

SOURCE Pilot Network Services, Inc.
    ALAMEDA, Calif., April 2nd /PRNewswire/ --
 Pilot Network Services, Inc.(R) (Nasdaq: PILT), the first provider of secure,
 subscription-based e-business services, today announced that it has taken
 important measures to restructure its operations to address the economic
 downturn. Pilot reduced its workforce by 23% on March 30th, thereby decreasing
 its costs to better deal with the current economic outlook. Staff reductions
 will address the softening economy, however, the core technology and security
 competencies are not affected.
     "In spite of the market downturn, the Internet continues to be critical to
 business and protection is needed against hackers that are working around the
 clock to probe networks and devise new methods of attack," said Pilot CEO
 Marketta Silvera. "Pilot provides this protection and has taken appropriate
 steps to dedicate all our resources to customer service, security operations
 and technology advancement," she added.
     Companies are signing up for Pilot's network-based protection because
 e-business is increasingly vulnerable to emerging viruses, spoofing, Denial of
 Service and Distributed Coordinated attacks that prevail on the Internet.
 Pilot has recently featured several customer success stories in press
 releases, such as Newsweek, Sovereign Bank, Venture Law Group, and RAND.
 Recent Pilot technology announcements include a new secure remote access
 service, SRW+, the Pilot Cyber Barometer(TM), a monthly report to help
 e-businesses identify trends in Internet attacks, the introduction of Pilot
 Security News, an on-line service to inform and educate businesses and
 organizations implementing e-business about current security news and
 vulnerabilities reported by Pilot's Investigations and Audits Group.
     At this time Pilot also announces board resignations of Marvin Zonis and
 Tom Kelly.
 
     Pilot Protected:  Security based on the Heuristic Defense Infrastructure
     When companies choose to be Pilot Protected, it means that their
 e-business data and communications are secured from unauthorized access,
 tampering, and viruses -- 365 x 24 -- by the patent-pending Pilot Heuristic
 Defense Infrastructure (HDI). The HDI is a powerful combination of a
 multi-layered, distributed architecture, continually evolving defense
 processes and methodologies, and the expertise of security engineers. This
 unique combination learns from the experience of attack attempts to further
 harden defenses against known -- and emerging -- criminal hacker techniques.
     The principle underlying the Pilot HDI is that security is a process, not
 a single event. Pilot security is always responding and evolving, getting
 increasingly stronger with each test and each attack attempt. Each attack
 attempt is databased, and if the same technique is tried again, it is
 recognized and repelled. These automated defenses become stronger over time,
 since every attempt becomes a valuable lesson learned.
     Another vital element of Pilot protection is a team of security experts
 who monitor the Heuristic Defense Infrastructure in real time. When an attack
 technique is not immediately identified by automated monitoring, Pilot
 security engineers put their knowledge to work, developing modifications and
 upgrades and incorporating them into the permanent defenses of the Heuristic
 Defense Infrastructure. These security enhancements are deployed immediately
 to all subscriber networks and protect all Pilot subscribers.
 
     About Pilot Network Services, Inc.
     Pilot Network Services, Inc. is the first provider of highly secure,
 subscription-based e-business services. As the Security Utility(TM) pioneer,
 Pilot enables secure e-business for companies of all sizes in every industry
 by providing a wide range of services with built-in security to protect
 enterprise networks. Pilot protected e-business services include secure
 hosting, secure Internet access, and Extranet/VPN services. Customers can
 choose options including encryption, authentication, access control, virus
 scanning, and web filtering. Pilot provides the highest level of protection
 available today by connecting businesses to the Internet through Pilot
 Security Centers. Protection from hackers, viruses, and other threats is built
 into the Pilot network with an advanced, distributed security architecture
 called the Pilot Heuristic Defense Infrastructure(TM) (HDI(TM)). The Pilot HDI
 combines the most advanced technology with 24 x 7 monitoring by security
 engineers to continually evolve and proactively defend Pilot clients'
 e-business interactions against attack. Pilot can be reached at 888-40-PILOT
 or online at www.pilot.net and info@pilot.net.
     Except for the statements of historical fact contained herein, the matters
 discussed in this news release are forward-looking statements that involve
 certain risks and uncertainties that could cause actual results to differ
 materially, including potential fluctuations in results of operations, the new
 market for Internet security monitoring, detection and defense services,
 impact of competitive products and services, and risk factors listed in
 Pilot's filings with the SEC.
     NOTE:  Pilot, Pilot Network Services, Inc., the Pilot logo and Pilot
 Corporate Partner Privacy are the registered trademarks of Pilot Network
 Services, Inc. and are registered with the U.S. Patent and Trademark Office,
 and the Pilot Heuristic Defense Infrastructure, Pilot Protected, and HDI are
 trademarks of Pilot Network Services, Inc.
 
 SOURCE  Pilot Network Services, Inc.