Network Security Corp.

Network Security Corp (NSEC) markets comprehensive managed network security services and resells network security products to businesses primarily in the U.S. and Canada. The U.S. market for these services is $3.5 billion and is projected to grow at an annual rate of 24% thru 2004. Founded in 1997 by security and software professionals, NSEC provides customized network security solutions required to support the online community. NSEC combines extensive research and continual education programs with proprietary and commercial tools and techniques to implement state of the art solutions. A profitable company since its inception, NSEC has over 170 customers which include 3 of the top 10 financial institutions, 2 of the top 5 insurance companies and 1 of the top 5 diversified financial companies. Based in Amherst, NY, NSEC also has locations in Raleigh, NC, and New York City. NSEC is looking for $2 to $3 million in funding for current growth initiatives and participation at the Board level.