AI Based EMail Security

1
AI Based E-Mail Security

• Presented by Stephen Dow, CEO

2
The Billion Market

• Email Security Market was 3.8 billion in 2005
• Projected to grow by 25 per year
• Appliance sector (espions space) to grow by
  331 by 2009 to 1.5 billion
• Appliances are becoming the preferred solution
  type for email security
• The Radicati Group

3
The Opportunity

• Brightmail, at 26M in revenue, recently sold to
  Symantec for 380M (gt14 times revenue!)
• Sybari, at 21M in revenue, recently sold to
  Microsoft for 450M (gt21 times revenue!)
• espion has this same opportunity based on its
  encryption technology

4
New Regulations

• HIPAA Health Insurance Portability and
  Accountability Act
• The standard to which the Health Care Industry is
  being held to protect patient data
• Sarbanes Oxley (SOX)
• The Act covers issues such as establishing
  enhanced financial disclosure
• GLBA - (Gramm-Leach-Bliley Act 2001)
• enacted to enhanced protection of non-public
  personal information for other purposes.  

5
New Regulations

• Compliance regulation HIPAA, SOX, GLBA, etc.
  are driving the need to secure and monitor the
  network space in real time
• One out of every 500 email messages contains
  confidential information.

6
Our Successful Solution

• espion Interceptor
• Secure Email Gateway Appliance Featuring
• A.I. Based Email Encryption
• Meets HIPPA and SOX requirements now
• A.I. Based Anti-spam
• Email Content Management
• Setting a price standard for the industry

7
Our Team

• Drew Burdsall, Founder
• Ten years experience in developing software
  systems specifically tailored for small and
  mid-sized businesses
• Muralidar Chakravarthi, CTO
• Lead developer of AI Technology
• Barry Dolan, VP Sales Marketing
• Previously VP Worldwide Sales Force Computers,
  Founder of Channel Access

8
Our Team

• Stephen Dow, CEO
• Previously COO of Force Computers, VP at
  Solectron Corporation, founder Channel Access
• Omar Rizvi, Investor Strategy Partners, LLC
• Previously with SEC and founder of Strategy
  Partners
• Took espion international public in April 2005
  (EPLJ)
• Doug Sherrod, Board Advisor
• 20 years sales marketing in technology sector
• Ryan Smith, President
• Former wall street trader at Sanford C. Bernstein

9
Why espion

• espion utilizes a custom Artificial Intelligence
  (AI) that allows
• Incredibly effective encryption capability
• Significantly better anti-spam performance
• Actually learns as it works
• The AI is already developed and deployed in 150
  systems in the field

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Our Competition

• Iron Mail, Tumbleweed, Zix, Iron Port
• All have more initial investment
• Used to build awareness and sales channels
• None have complete solutions
• None make use of AI like espion
• All are priced higher than espion
• The market is immature with no clear leaders, yet

12
Summary

• We have a unique proven technology
• We have working systems in the field
• We have satisfied customers
• This is the opportunity to fill the gap for
  standards based encryption