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Edward Ching, Senior Technology Analyst at Rodman and Renshaw, Discusses Security Industry Trends in Interview With SecurityStockWatch.Com

RYE BROOK, N.Y.--(BUSINESS WIRE)--July 21, 2004--An exclusive interview with Mr. Edward Y. Ching, Senior Technology Analyst at Rodman and Renshaw, LLC, is available at www.SecurityStockWatch.com.

In describing recent developments and trends in the security industry, Mr. Ching said, "I would expect consolidation to continue in the security sector especially within the enterprise security software market. In my opinion, the primary driver for consolidation is the ongoing cycle of penetrating new markets such as secure messaging (i.e. anti-spam/anti-phishing) to offset the decline in maturing markets such as anti-virus."

"I believe that the current need for heightened security measures should continue as geopolitical events such as the U.S. war on terror escalates, no matter which political party is in office. I think that it is safe to say that the events of September 11, 2001 have changed the public's attitude towards homeland and corporate (IT & physical) security forever. Security is no longer treated as a nuisance but as a welcomed preventative measure," Mr. Ching added.

The complete text of the interview, over 2,200 words, is available at http://www.securitystockwatch.com/investmentTrendsRR.html

The following 5 firms, discussed by Mr. Ching, all have Market Outperform Ratings.

SAFLINK CORP (NASDAQ: SFLK - News) - Provides authentication software solutions that use biometric technologies

TELECOMMUNICATION SYSTEMS, INC. (NASDAQ: TSYS - News) - Provides data network software solutions for wireless carriers and government. Also, provides high-end communication equipment for government and resells wireless device solutions to enterprises.

TUMBLEWEED COMMUNICATIONS CORP (NASDAQ: TMWD - News) - Provider of secure Internet messaging software and hardware for enterprises and government agencies.

VASCO DATA SECURITY INTERNATIONAL (NASDAQ: VDSI - News) - Provider of 'one-time' password tokens used in identity authentication.

ZIX CORPORATION (NASDAQ: ZIXI - News) - Provides solutions that protect organizations from viruses, spam, and electronic attack, as well as enabling secure electronic communications such as e-mail encryption, e-prescribing, and Internet-based healthcare service.

According to Deborah Gilbert, President of SecurityStockWatch.com, "Many companies are making headlines in this environment but which companies are making money?"

The Second Quarter 2004 Profitability Survey for 250+ Security Stocks, (http://www.securitystockwatch.com/prod_survey250.html) answers that question and we believe it is the most comprehensive Profit Survey of Security Stocks available anywhere with profit data on more than 250 publicly traded security companies from large cap to micro cap.