Released on = August 8, 2007, 7:17 am

Press Release Author = Thycotic Sofware Ltd.

Industry = Software

Press Release Summary = Thycotic Software Ltd. releases the latest version of its
password management software, Secret Server 3.1. Secret Server has been upgraded to
help companies comply with password policy guidelines and security compliance
regulations.

Press Release Body = Thycotic Software Ltd. today announces the release of Secret
Server 3.1, a password management system for information technology professionals.
The latest version features Active Directory synchronization and remote password
changing capability, assisting companies that need to comply with password policies
and security compliance requirements such as the Sarbanes-Oxley Act of 2002.

"Secret Server is no longer just a solid secure repository," says Jonathan Cogley,
CEO, Thycotic Software. "It reaches out to Active Directory, Windows workstations
and beyond to enforce regular password changes to meet security compliance
requirements."

Secret Server allows information technology administrators to store, view and
retrieve passwords and pin codes such as access to routers and root passwords for
Windows servers. Administrators can distribute and when necessary, share team
passwords. All information is stored using the government standard for encryption
and each secret is subject to a full audit report.

The Active Directory synchronization functionality and remote password changing
add-on are designed with larger infrastructures in mind. Secret Server will give
IT Managers and team leaders the ability to synchronize users and groups with their
Active Directory. According to the SANS Institute, all system-level passwords
(e.g., root, NT admin, application administration accounts) should be changed every
three months. The remote password changing add-on for Secret Server 3.1 will
automatically change remote passwords based on a time set by an administrator.

"This feature is critical because it will automatically change your Microsoft SQL
Server, Windows account and Active Directory passwords," says Kevin Jones, Senior
.Net Developer, Thycotic Software Ltd. "These changes will also appear within your
Secret Server, making it easier to meet company and Government security guidelines."

The NIST (National Institution of Standards and Technology) states the primary
reasons for poor password management in a working environment are a reactive
approach to security and not realizing the financial impact of information security
attacks.

"Our goal is to make it easy for IT teams to have a standard method of protecting
and using system based passwords," says Cogley. "Secret Server is a full-service
password management system and will continue to improve based on our customers'
needs."


About Thycotic Software Ltd:
Thycotic Software Ltd. is a Microsoft Gold Certified partner. Thycotic has provided
software products, software development and training to the developer and
information technology markets since 1996.

Web Site = http://www.thycotic.com

Contact Details = Daniel Parker
Communications Manager
Thycotic Software Ltd.
(703) 752-6113
dan.parker@thycotic.com
www.thesecretserver.com