V-ONE Corporation Press Release
V-ONE Delivers Security Appliances to U.S. Army; SmartGuard Technology Will Be Used To Secure Mobile Applications

GERMANTOWN, Md.--(BUSINESS WIRE)--Nov. 1, 2004--V-ONE Corporation (OTCPK:VNEC), a global Internet security company, today announced the delivery of 80 SmartGuard(TM) security appliances to the U.S. Army. The appliances will enable rapid deployment of secure mobile applications using Microsoft(R) Windows powered Pocket PC and Windows CE based devices, barcoders, and other RFID (Radio Frequency Identification) devices.

V-ONE's SmartGuard(TM) application layer SSL VPN appliances and intelligent clients allow mobile applications to communicate end-to-end with the full security of a NIST-certified FIPS 140 VPN, a requirement for DOD wireless communication applications. The Army Automatic Identification Technology (AIT) Office chose V-ONE products after extensive evaluation. AIT is responsible for acquiring technologies that enable mobile applications such as logistics and asset management for a variety of DOD programs.

"Flexibility is critical when securing mobile applications. The Army requires support for a broad range of mobile user devices and V-ONE technology delivers that support over both wireless and wired networks," said Margaret E. Grayson, president and CEO of V-ONE Corporation.

About U.S. Army PM-AIT

The AIT Product Management Office provides the Department of Defense and other selected non-DOD agencies with centralized product procurement and management services to support Automatic Identification Technology. Individual user's data and information is integrated with DOD-wide systems, technologies, software and encoding formats as well as with international commercial application and users. The key objectives of the AIT program are to provide 1) a common, integrated structure for automatic collection, storage, retrieval, processing, transmission, and receipt of data, 2) standardization and interoperability among Government users of AIT equipment, and 3) flexible systems and equipment that grow in size and capability, adapting to the needs of the Government.

About V-ONE Corporation

V-ONE's application layer SSL VPN security products are the most secure, cost effective and easiest to manage network solutions for the remote access, wireless and satellite markets. These standards-based products include strong two-factor authentication and access control, work on all leading operating systems, provide security for most popular hand-held devices, and boost satellite network speeds by more than 1000% over products using IP Security (IPSec).

V-ONE products have been deployed by Fortune 1000 companies in healthcare, banking & finance, transportation and high-tech, and by U.S. government agencies charged with homeland security, including the FBI, NSA, and Departments of Defense, Justice and the Treasury. All rely upon V-ONE's proven track record for providing secure global VPN information sharing over the Internet, intranets, extranets and private networks.

For further information, please consult www.v-one.com.

This release, other than historical financial information, may consist of forward-looking statements that involve risks and uncertainties. These statements may differ in a material way from actual future events. Detailed information about risk factors are set forth in the documents filed by V-ONE Corporation with the SEC, specifically the Company's latest report on Form 10-K, which identifies important risk factors for the Company.

V-ONE, SmartGate, SmartGuard, SmartPass, SmartWall and "Security for a Connected World" are registered trademarks of V-ONE Corporation. All product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

CONTACT:
Ted Dupont, PR Director, AEP Networks
+1-732-652-5241

SOURCE: V-ONE Corporation