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ZipLip's Secure ASP Software Chosen by 911 Tech Computer Co., Ltd. of Korea to Provide Enterprise Services to Government and Businesses

SEOUL, SOUTH KOREA and MOUNTAIN VIEW, CA – March 18, 2002

ZipLip, Inc., the leading provider of secure enterprise applications software for ASPs, has been selected by 911 Tech Computer of South Korea to provide its secure enterprise application software to enable 911 Tech's new ASP services.

"We are especially proud to be working with 911 Tech," stated Kon Leong, president and CEO of ZipLip, "They are very knowledgeable about security technologies and have a great deal of experience marketing to the South Korean market. We believe they provide a powerful partner for our security products and services."

In addition to delivering secure services to the South Korean enterprise and government sectors, 911 Tech also plans to resell ZipLip's software to the general enterprise market. ZipLip software includes strong turnkey offering for small to large enterprises as well as wireless operators and service providers for protecting the digital assets (emails and files) of a corporation.

About 911 Tech: Established in 1996, 911 Tech has committed to supplying a variety of innovative technologies and services to enterprises and consumers around the world. Its products include Trios, the first hard disk selector for computers with global customers since 1998, and the Handy Truster, developed in June 2000, a security device known around the world. 911 Tech is a leading high tech company in Korea and spearheads the development and creation of next generation technologies, products, and services.

About ZipLip: ZipLip, Inc., based in Mountain View, California, offers the world's only scalable 100% Java, J2EE-based platform to enable controlled communications, access and sharing of corporate intelligence. Its platform, the ZipLip Secure Data Exchange (ZDX.), offers secure email and secure file access and sharing, with complete control over who accesses which data, when, and what can be done with it, including detailed audit trails. Built for carrier-grade performance and easy integration into other Web applications, ZipLip's technology is available as a software license or service to carriers, ASPs, large enterprises, and healthcare and financial institutions. For more information on ZipLip, check out http://www.ziplip.com

Contact: Jumin Kim
Tel:(650) 968 8989
Fax:(650) 968 9089
jlkim@ziplip.com

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