Perimeter Internetworking Acquires US Networks Inc.

Milford, CT -- Perimeter Internetworking, the leading provider of managed network and security services for community financial institutions, healthcare companies, service providers and other businesses with high data availability and security requirements, today announced their acquisition of the assets of US Networks Inc, a managed network and security services provider headquartered in Raleigh, NC.

Forming a combined client base of over 1600, this merger enables the two companies to unite their expertise in both managed network and security services and create a broader spectrum of services for clients.

"You cannot separate availability and performance from security and clients today expect one trusted provider to address all issues related to their network," said Brad Miller, CEO of Perimeter. "In that respect Perimeter will leverage US Networks' cross-functional expertise in dealing with Network Security, Network Management and Helpdesk while US Networks' clients will benefit from an additional 50 Managed Security Services beyond managed Firewall, IDS and email Anti-Virus. Perimeter will also adopt a newly developed Email Content Filtering service developed by US Networks."

In addition to their dedication to client service and deep technical expertise, US Networks will add a highly sophisticated security operations center to Perimeter's existing infrastructure. The Raleigh, NC location will become Perimeter's 4th business location and will serve as the primary monitoring facility. Perimeter also maintains offices in Fort Lauderdale, FL, Charlotte, NC, and our headquarters' in Milford, CT."

"The merger with Perimeter enables us to put together a larger team of highly skilled engineers and offer a more comprehensive and robust suite of services," said Andy Cummins, founder and chief executive officer of US Networks, Inc. "We look forward to extending our email security services to Perimeter's diverse client base."

The US Network acquisition is Perimeter's 5th acquired company in 2 years. Additionally, Perimeter was ranked 121 on the Deloitte Technology Fast 500, 5th on The Connecticut Technology Fast 50 in 2004, & 7th on CRN's Fastest Growing Security Solutions Providers, and has been profitable for the last three years.