NetOctave CEO Rick Hegberg to Present IP Storage Security Plans at Semiconductor Venture Fair

San Francisco, Calif, February 19, 2002 – NetOctave, Inc., a leading developer of security processors and security accelerator boards for the SSL (Secure Sockets Layer), IPsec (Internet Protocol Security), and IP Storage markets, announced today that NetOctave President and CEO Rick Hegberg will present NetOctave’s plan for the IP Storage security market at the Semiconductor Venture Fair on Wednesday, February 20th at 2:40 PM PST and on Thursday, February 21st at 11:40 AM PST in San Francisco, California.

“NetOctave’s NSP4200 Security Processor is the first security processor designed specifically to provide security for IP Storage traffic,” said Hegberg. “Fibre Channel-based storage systems can rely on physical security, but IP-based systems that employ iSCSI and FCIP require dedicated security processing. NetOctave welcomes the opportunity to present our plans for the IP Storage market at the Semiconductor Venture Fair.”

NetOctave’s IP Storage white paper “Wire-Speed Network Security for IP Storage Challenges and Solutions” is available at www.netoctave.com/whitepapers.asp.

About NetOctave, Inc.

NetOctave, Inc., The Network Security Processor Company, builds security processors and security accelerator boards and cards for the SSL, IPsec, and IP Storage markets. NetOctave employs innovative silicon architectures to deliver market-leading system-level performance for OEM manufacturers of network equipment. NetOctave’s security processors and accelerator boards deliver complete protocol offload at line rates, enabling high-speed performance for encrypted traffic. NetOctave is a fabless semiconductor company headquartered in Research Triangle Park, NC. The Company is funded by Intel?? Communications Fund, Intersouth Partners, Kittyhawk Capital, and Wakefield Group. For more information about NetOctave please visit www.netoctave.com.