Skybox Security Announces David F. Batista as President and Chief Executive Officer (CEO)

PALO ALTO, CA – February 8, 2005 – Skybox® Security, Inc., the leader in Security Risk Management (SRM), today announced the appointment of David Batista as the president, chief executive officer and a member of the board of directors. Gidi Cohen, founder and member of the board of directors, is appointed to the position of chief strategy officer.

Mr. Batista brings over 25 years of leadership in sales, marketing, finance and general management in the high technology industry to Skybox Security. He is a visionary executive who has built skilled teams and implemented winning strategies resulting in dramatic revenue and profit growth. Mr. Batista received a Bachelor of Arts degree from Princeton University.

Most recently, Mr. Batista was Chief Operating Officer and Vice President of Sales and Services at Zone Labs, Inc. (recently acquired by Check Point). He has held a number of senior executive positions at leading companies including IBM, Novell, Lexis-Nexis, and Gateway,

“Skybox has a tremendous opportunity to solve a big pain point for enterprises today – the lack of visibility into their state of security – and lead the emerging security risk management market,” said Mr. Batista. “Skybox has proven it is poised to deliver on this vision with its strong and seasoned senior management team and extremely rapid traction among some of the industry’s most respected enterprises. I am excited to join Skybox and help guide the growth of the company.”

“David has clearly established himself as an outstanding leader with a proven track record. Success is a direct result of leadership, and David’s extensive experience in building predictable and profitable business models for high-growth enterprise software companies will enable Skybox to further accelerate its expansion and capitalize on the market for security risk management,” said Skybox founder Gidi Cohen.

About Skybox Security
Skybox® Security, Inc. is the leader of next-generation Security Risk Management (SRM) solutions. The company’s flagship product, Skybox® View, is the first enterprise software platform that raises vulnerability assessment, threat analysis, remediation planning and change management to the business risk level where it belongs. By combining business impact analysis and simulation with vulnerability data and network modeling, enterprises can continuously maintain risk-resilient networks, reduce regulatory compliance exposures, and shrink the window of exposure from months to hours.

With Skybox View security professionals can take a disciplined approach to measure business risk exposure, understand effectiveness of remediation alternatives, justify mitigation efforts (ROI), and minimize damage from attacks while lowering operating cost. By enhancing current best practices and internal controls with automated risk management analysis, security, network and business units can work more effectively as a team. Skybox solutions have been successfully deployed at highly respected Global 2000 companies worldwide.

Founded in 2002 the company is headquartered in Palo Alto, California and is backed by Benchmark Capital, Lightspeed Venture Partners, Carmel Ventures, and Mofet Technology Fund. For more information contact (650) 565-8060 or http://www.skyboxsecurity.com .