Comodo acquires PSOFT [January 24, 2005]

Jersey City, NJ – January 24, 2005 - Comodo Inc., the leader in secure Internet technologies, has acquired Positive Software Corporation of Brooklyn, New York. Positive Software (PSOFT) is the developer of H-Sphere, a scalable multi-server web hosting control panel that provides complete hosting automation for Linux, BSD and Windows2000/2003 platforms, offering an extensive, easy-to-use interface, a billing system, a “brandable” reseller product, and an integrated trouble ticket system.

PSOFT also develops CP+, a web based control panel for dedicated servers that supports most Linux & FreeBSD operating systems. CP+ offers a graphical interface for Admin, Domain Owner and End User levels, and complete functionality to manage the server and its components.

The merger represents the “perfect blending of corporate and technical philosophies,” according to Comodo President and CEO Melih Abdulhayoglu. “PSOFT adds seamlessly integrated hosting components to a growing and comprehensive online product offering.” He adds, “ Both companies have been actively engaged in the development of secure and robust business solutions, and the cost-effective offering of those solutions in the marketplace."

“The addition of PSOFT helps make Comodo unique among the competition in terms of scope, quality, and price points,” says Abdulhayoglu. “We now offer a complete and totally integrated line of Internet business solutions, and furthermore we have the ability to fully accommodate our partner-resellers in the web hosting industry with the kind of support they have come to expect from Comodo.”

PSOFT’s Igor Seletskiy will be retained in the capacity of Technical Director and will oversee the continuing development of H-Sphere and CP+.

Comodo, headquartered in Jersey City, NJ, provides cost-effective, comprehensive, secure and functional online business solutions. Other Comodo products include the TrustFAX online document manager, AssureBuy payment gateway, MegaCRM customer and sales management, iBranded website development and marketing interface and domain search, InstantSSL (CAs), and Trustix operating system and secure server and firewall appliances.

About Comodo
Comodo is an industry-leading provider of information security, management and communication technologies. They create innovative and practical solutions for the SMB, enterprise, home, e-commerce, education, healthcare and governmental markets. Through its Infrastructure Solutions product line, the company endows its customers with a competitive advantage by providing a superior suite of enterprise security, networking and productivity solutions covering perimeter security, VPN, Mail and LAN. Other core technologies include intrusion detection, SSL certificates, content filtering, end-point security and access management. They offer a comprehensive portfolio of solutions that comprise the industry's best combination of security, performance, intuitive interface and value.
Comodo is the world's fastest growing provider of critical infrastructure solutions and can be reached at (US) +1 888-COMODO1

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