PRESS RELEASE

LOS ALTOS, Calif., Mar. 31, 2009 — The board of directors of Guardian Analytics, a provider of online account fraud prevention software for financial services institutions, today announced the appointment of Terry Austin to chief executive officer, effective immediately. Austin succeeds company founder Tom Miltonberger, who will focus on the future direction of Guardian Analytics' products. The company also announced today that security industry veteran Irfan Salim, president and CEO of MarkMonitor, has joined the Guardian Analytics board of directors.

Austin, 46, was most recently CEO and president of MarketLive, a leading provider of eCommerce platform solutions, where he created a scalable business strategy, assembled a world-class executive team and led a successful $20 million series E capital raise. He was previously president of worldwide marketing and sales at Good Technology, a provider of mobile computing solutions, where he spearheaded the company's rapid growth from 10,000 to over 500,000 subscribers and facilitated its acquisition by Motorola in January 2007. Austin has also served as president of EMEA and executive vice president for Manugistics, a market leading provider of enterprise software. He started his career at Accenture, where he ultimately led an $80 million consulting practice as a lead partner.

"Terry Austin is an exceptional choice to lead the company as we grow our position in the industry," said Tom Miltonberger, founder, Guardian Analytics. "With his long history of running multi-national organizations at various stages of growth, Terry knows how to effectively manage and scale operations. With the company in capable hands, I'm looking forward to focusing my attention more fully on the development of our flagship product, FraudMAP'."

"Since launching 18 months ago, Guardian Analytics has established itself as a visionary fraud prevention company with a solid market and product foundation," said Terry Austin, CEO, Guardian Analytics. "FraudMAP provides an incredibly strong value proposition via fraud loss prevention, risk management, and streamlined fraud operations that has resulted in an impressive list of customers. I look forward to working with the Guardian Analytics team to guide the company to the next level."

Irfan Salim, president and chief executive of MarkMonitor and well-known security industry veteran, has been appointed to the board of directors, effective immediately. Salim has more than 20 years of experience in growing and leading world-class Internet security, fraud prevention and domain registrar companies. Prior to MarkMonitor, Salim was president and chief operating officer of Internet security company Zone Labs, which was acquired by Check Point Technologies. Earlier, he was president and chief executive of NameSecure.com. Salim has also held positions as president of U.S. and European operations at TrendMicro; president and chief executive at Software Publishing Corporation; and vice president and general manager of the Spreadsheet Division at Lotus Development.

About Guardian Analytics Headquartered in Los Altos, Calif., Guardian Analytics is focused on the prevention of online account fraud. The company's real-time risk management approach to fraud detection, forensics and risk monitoring is built on strong analytics and predictive models of individual behavior. Leading financial services institutions rely on Guardian Analytics to protect individual account assets and the integrity of their online channels. Founded in 2005, Guardian Analytics is privately held with venture funding from Foundation Capital. For more information, please visit www.guardiananalytics.com.