CARY, N.C. - May 13, 2002 - Webfargo Data Security, a privately held provider of information security solutions, today announced that it has been selected by Semiconductor Research Corporation (SRC) to provide assistance with the implementation and support of network security and communication initiatives.

"We have 32 corporate members worldwide," said Ed Withers, Manager of Information Technology Systems at SRC. "The Internet has become a critical way for us to communicate with our global customer base." But with the convenience of the Internet comes Security risks. "Webfargo was the only company we spoke with that could provide the level of service and expertise that we require across the board," said Withers. "As we implement new projects this year, their help will be critical to our success."

SRC, the world's premier university research management consortium, chose Webfargo to assist with the deployment of multiple firewalls and the creation of a Virtual Private Network to enhance corporate communications while protecting corporate data transmissions. Said Withers, "We were looking for a company to partner with us - to augment our internal resources and help us plan for and implement this complex project. Webfargo has the knowledge and experience that we need and has helped us to find a solution that will reduce our data communication expenses by over 50%."

"Our goal is to help SRC direct their resources in the most efficient manner while they tackle the complex security issues faced by companies that communicate to a large, but targeted, audience," said Tyler Salisbury, President of Webfargo. "As SRC relies on the Internet more and more for essential business, the potential for a damaging Security incident grows. We will continue to work with SRC to minimize this risk through the implementation of industry best practices and deployment of new information security technologies."

About SRC

SRC, based in Research Triangle Park, N.C., with an office in San Jose, Calif., operates globally to provide competitive advantage to its member companies as the world's premier university research management consortium delivering relevantly educated technical talent and early research results. The SRC plans and manages a program of basic and applied university research on behalf of its participating members. Currently, the SRC sponsors research at universities worldwide. Since it was established in 1982, SRC has funded more than $428 million in long-term semiconductor research contracts. To learn more, visit: www.src.org

About Webfargo Data Security

Webfargo was founded in 2001 by veterans of the Research Triangle-Area Technology industry to provide tactical security services and information protection solutions that empower companies to develop and enforce security policies, set and attain security objectives, monitor and respond to network events, and protect intellectual property and critical data in the enterprise and e-business.

For more information visit www.webfargo.com, or call us at (919) 281-0175.