Akonix Confirms IM Security Leadership with Record Third Quarter

San Diego, Calif. – October 20, 2006 – Akonix Systems, Inc., provider of the most deployed instant messaging (IM) security and compliance products in the world, has announced record financial performance for the third quarter of 2006, with nearly 90% revenue growth quarter-over-quarter compared to the previous year. The company’s strong performance is attributed to the broad acceptance of its A-Series appliances, sole focus on instant messaging, dedication to channel sales and growing recognition and market demand for IM compliance and security.

Revenue growth continues to accelerate as Akonix products successfully enter new industry sectors. Akonix’s A-Series appliances are being deployed across a wide range of vertical markets such as Technology, Telecommunications, Energy, Financial Services, Media and Government. Some notable examples include:

•Telecommunications and technology – leading enterprises select Akonix to protect intellectual property and comply with regulations such as Sarbanes-Oxley
•Energy trading and distribution – Akonix appliances ensure FERC/NERC compliance and dominate the sector’s purchasing of IM security and compliance products
•Media and entertainment – some of the world’s most recognizable brands rely on Akonix to keep copyrighted material and intellectual property inside their networks while keeping spyware and virus threats out
•Financial services – Akonix helps banking and investment firms keep electronic messaging compliant with SEC and Federal regulations

In addition to cross-industry adoption, the company’s products are in high demand from companies of all sizes. New customers in the third quarter consist of multiple Fortune 500 companies, including one of the top two, and many small and mid-sized businesses, such as hedge funds and energy trading firms, for whom the cost-effective A1000 is an attractive way of meeting compliance and security objectives.

Akonix has expanded research and development (R&D) capabilities in four countries across three continents, with developers, engineers and test facilities in North America, Europe and Asia. By leveraging increased capacity for software development, the company has successfully introduced version 5.3 of its Akonix L7 Enterprise and Akonix L7 Enforcer products along with the L7 Skype Manager during the third quarter.

Akonix has systematically increased its channel presence with the launch of its A-Series IM Security Appliances, and the Certified Akonix Partner Program (CAPP), which offers comprehensive support for over 70 authorized resellers. CAPP offers three levels – Platinum, Gold and Silver – that allow companies the flexibility to participate at a pace that fits their business. CAPP is further enhanced by an online Partner Center, which provides sales and technology training, certification programs, reference materials and a section specifically for channel announcements.

“Akonix is the undisputed leader in the IM security market, dedicated to securing and enabling IM and real-time communications for business benefit,” said Peter Shaw, CEO of Akonix Systems. “With a long-term product roadmap designed to maintain product leadership and a compelling strategy for continuing to add more value to our customers’ real-time communications platforms, Akonix will be the best-of-breed, leading provider of IM security and enablement products for a long time to come.”

For more information on how 360° Security from Akonix protects networks against the security and compliance risks of unmanaged IM and P2P use, please visit www.akonix.com/360, call 619-615-9415 or email sales@akonix.com. Companies interested in putting Akonix products to work protecting their networks can receive a free 30-day evaluation of A6000 and A1000 IM security appliances at eval.akonix.com.


About Akonix
Akonix is the most deployed IM security product in the world, enabling Global 1000 companies to deploy productive, enterprise-wide IM that is secure, compliant and managed.

Worldwide over one million people across hundreds of organizations in the Financial Services, Telecommunications, Energy, Technology, Healthcare and Entertainment industries use Akonix products. With more than 20 patent applications, Akonix’s 360° Security provides the industry’s only automatically-updated protection to block viruses and malware for both enterprise and public IM systems. Akonix has certified partnerships with all leading IM and presence providers including America Online®, Microsoft, Yahoo!, Reuters, IBM, Jabber, Inc., Parlano, Antepo and Bloomberg.

An IM industry first, the Akonix IM Security Center (http://www.imsecuritycenter.com) provides real-time information about worms, viruses and other vulnerabilities that target IM and P2P networks. The company issues monthly and quarterly IM threat watch reports to track key trends and vulnerabilities.

For further information on the company, please visit http://www.akonix.com.

Contact Information

Noah Dye

Account Manager

LEWIS PR

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