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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
Citadel Technology’s
SecurePC Software Provides Defense Against New Worm Attacking Microsoft
IIS Servers Software
Acts as First Line of Protection to Prevent Damage From Rapidly Spreading
E-Mail Transmitted Virus, Ensures Defense Against Future Attacks DALLAS, TX -- September 19, 2001 --
CT Holdings, Inc., (OTCBB: CITN), which develops and markets the Citadel
Technology™ line of network security and privacy software, said that its
SecurePC software provides the first line of defense against W32.Nimda.A@mm,
a new rapidly spreading worm that is impacting Microsoft IIS servers,
internal corporate networks and desktops. The virus is being spread
primarily through email with an attachment named readme.exe and uses a
MIME exploit allowing it to be executed just by reading or previewing the
file. Citadel Technology’s SecurePC™
software includes features that enable security administrators to harden
system files to prevent access to readme.exe or admin.dll files and the
creation of new exe or dll files on systems as well as changes by anyone
– or any program – without authorization. A 30-day trial version
of the software is available for download at http://www.citadel.com.
The Citadel website also contains specific configuration steps that can be
taken against this worm by using SecurePC. “This worm represents a significant
security threat and may be more dangerous than the Code Red virus,” said
Steven B. Solomon, Chairman and CEO of CT Holdings. “Our SecurePC
technology helps companies takes the critical preventative measures
necessary to ensure the security of their networks. Unlike patches,
which are reactive fixes, it protects system files and other features of
the operating system to stop this virus and others that may be launched in
the future from doing damage even if already inside the firewall.” The Code Red virus, which launched a
similar attack, did $2.4 billion worth of damage by August 20, according
to analysts at Computer Associates, almost of all it done after a patch
was made available. The W32.Nimda.A@mm
worm uses 5-6 known vulnerabilities to penetrate the Microsoft IIS servers
and can replicate itself via network shared drives. “Computer and system security are
more crucial than ever today and it is likely that we will see an
increasing frequency of virus and worm attacks,” Solomon added.
“This is why it is so important to have protection inside the firewall.
With patches there is the issue of security administrators having the time
and staff to install them promptly. Even then there is a probability that
a virus will get in and SecurePC makes sure that when it does, the system
is already protected.” 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 Gramm-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, 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 risk 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 June 30, 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 development of
new forms of computer viruses or worms that circumvent our software; 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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