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Contact:
Steven B. Solomon Chairman and CEO CT Holdings, Inc. 214-520-9292
p 214-520-0034
f Sean
Dougherty
The MWW Group
(201) 507-9500 p
CT
Holdings’ CITADEL TECHNOLOGY™ RELEASES WINSHIELD SECUREPC™ 4.5 Updated
Version of Award-Winning Network Security Software Adds Windows 2000 and
XP Compatibility; Software is HIPAA & Gramm – Leach – Bliley Ready Dallas – August 28, 2001 –CT
Holdings, Inc. (OTCBB: CITN) today announced the release of its WinShield
SecurePC™ 4.5, an updated version of the Company’s award-winning
SecurePC software that allows security administrators to create, manage
and deploy security policies for Windows computing environments, now
including Windows 2000 and Windows XP. The software will ship the
week of September 20, 2001. The new release, part of the Company’s
Citadel Technology™ line of security and privacy software products,
provides the flexibility and scalability that security administrators have
demanded for managing security policies within their environment.
These security policies operate inside the firewall and are designed to
secure computers against unauthorized configuration changes and software
installations, which cause the majority of system vulnerabilities. Additionally, SecurePC allows administrators
to password protect any changes, either externally or internally to
critical system files. This hardening of the system files prevents
any changes from either malicious external attacks like viruses and worms,
as well as inadvertent changes from internal users. “While hackers worms and viruses dominate
the headlines, a more critical issue for corporations and IT professionals
is being able to protect the network inside the firewall,” said Steven
B. Solomon, chairman and CEO of CT Holdings. “In particular, the
requirements of the HIPAA and Gramm-Leach-Bliley bills for security and
privacy control, in the medical and financial sectors, make WinShield
SecurePC 4.5 the perfect solution for meeting the security challenges of
the current workplace environment.” New features in WinShield SecurePC 4.5
include:
“Network security starts at the desktop and our software gives the administrators both authority and flexibility to set proper controls and enforce policies designed to protect the company’s data,” said Mr. Solomon. “We want to make compliance with the state and federal laws and regulations easy for the administrators – and harder for the users to evade, override or compromise.” About Citadel Technology CT Holdings’ Citadel Technology develops and markets computer security and privacy software for one of the fastest growing segments today – security “inside the firewall.” These products enable companies to enforce security policies from a single point of control across all Windows and NetWare platforms. Citadel Technology software secures confidential information, applications, and systems from unauthorized access, worms, and other security vulnerabilities. The products specifically enforce policies recently mandated by HIPAA and Graham Leach Bliley legislation for the health care and financial industries. Citadel’s clients include IBM Global Services, Merrill Lynch, the U.S. Navy and several large health care companies. Visit our Web site at www.citadel.com. About CT Holdings CT Holdings, Inc. (OTC BB: CITN) develops
and markets its Citadel Technology line of desktop and network security
software, and also acts as a developer of early stage companies, including
Parago and River Logic. For more information on CT Holdings, our
Internet holdings, and our Citadel Technology line of security software
products, please visit our Web site at www.ct-holdings.com.
For more information on CT Holdings, its
Internet subsidiaries, and its Citadel Technology line of security
software products, please visit our Web site at http://www.ct-holdings.com.
For information on purchasing products, contact us directly by writing or
calling: CT Holdings, 3811 Turtle Creek Blvd., Suite 770, Dallas, Texas
75219; phone: 214/520.9292; fax: 214/520.9293. Forward-Looking Statements: This news release contains forward-looking statements, which involve risks and uncertainties. Accordingly, no assurances can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Investors are also directed to consider carefully the other risks factors and uncertainties discussed in documents we file with the Securities and Exchange Commission, including our Quarterly Report on Form 10-QSB for the quarter ended March 31, 2001 and our Annual Report on Form 10-KSB for the year ended December 31, 2000. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statement made by us. These factors include the availability of capital to CT Holdings; Parago and River Logic; substantial dilution in the event CT Holdings determines not to fully participate in the Parago bridge loan participation in the event the additional payments are required; risks related to our software business line; the activities of new or existing competitors; the ability to attract and retain employees and strategic partners; general economic conditions; and litigation costs. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events
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