Lookout Mobile Security Announces 2 Million Registered Users

PRESS RELEASE

San Francisco, CA-September 9th, 2010-Lookout, the leading provider of cloud-based smartphone security software, today announced it has surpassed 2 million registered users for its popular smartphone security product. In just two months this summer, over a million users chose Lookout to protect their device, doubling the user base and reflecting the growing awareness of the importance of mobile security. This new milestone shows a dramatic increase in adoption - it took just over six months to reach 1 million users, two months to reach 2 million users, and the growth continues to accelerate.

As smartphone adoption, mobile application downloads, and mobile broadband connectivity continue to rise, consumers are becoming savvier about the need to protect their devices and the data they hold. With top ratings across Android, BlackBerry and Windows Mobile, Lookout is the mobile application of choice for users looking to protect their smartphone.

"Consumers are adopting smartphones at a faster pace than anyone imagined and these phones are changing how we live our daily lives," said John Hering, CEO and founder, Lookout Mobile Security. "The mobile device has become the most personal computer and the tremendous growth Lookout has experienced is being driven by the increasing adoption of smartphones, tablets, and connected mobile devices. Consumers want peace of mind as they download apps, shop, communicate and are entertained on these devices.

Providing superior protection

In the past two months, the threats to smartphone users have increased with new malware and spyware showing up across the major mobile platforms. A recent SMS Trojan made headlines as the first Android malware of its kind resulting in unwanted premium rate charges for its victims. TapSnake is another example of a recently discovered mobile threat where a piece of spyware was disguised as a legitimate game which enables an attacker to track a victim's location without their knowledge. Lookout was able to immediately protect mobile devices against both of these threats, underscoring the importance of cloud-based security.

Lookout leverages its worldwide cloud-based threat detection network to provide superior protection for mobile devices. The App Genome Project, which Lookout introduced in July, allows Lookout to rapidly identify applications that carry the same characteristics of established dangerous applications, quickly isolate them, and protect users. To date, Lookout has analyzed over 300,000 apps from around the world with the number of applications being added to the system expanding more rapidly than ever.

Keeping your device and data safe Mobile security is about more than just malware and spyware, it's about complete protection including keeping your device and data safe; something Lookout does for its users everyday. To date Lookout has:

. Found lost or stolen phones for users more than 700,000 times, with a phone found every 15 seconds over the past two months . Backed-up over 130 million photos . Backed-up over 625 million contacts, which if printed on business cards would wrap around the circumference of the earth 1.4 times

As the smartphone market continues to experience explosive growth, the threats to smartphones follow. The worldwide smartphone market grew 50% last year according to new data released by IDC - and Android shipments have now surpassed the iPhone, marking an important milestone for a platform leading the charge of the open mobile ecosystem. At the same time, apps consumed by smartphone users have increased to over 22 apps per phone creating new benefits for smartphone users but also introducing new risks.

Lookout Mobile Security is available for Android, BlackBerry and Windows Mobile smartphones. To learn more or download Lookout visit www.mylookout.com

About Lookout Lookout is a smartphone security company dedicated to making the mobile experience safe for everyone. Lookout delivers protection from viruses and malware, data backup and recovery, and can locate a missing device if it is lost or stolen. Lookout's unique cross-platform, cloud-connected application is designed from the ground up to provide advanced protection for smartphones while remaining lightweight and efficient on the phone. With users across 400 mobile networks in 170 countries, Lookout is a world leader in smartphone security. Lookout's award-winning mobile application is currently free and available for Android, BlackBerry and Windows Mobile devices. Headquartered in San Francisco, Lookout is funded by Khosla Ventures, Trilogy Equity Partners and Accel Partners. For more information and to download the application, please visit www.mylookout.com.