GERMANTOWN, Md.--(BUSINESS WIRE)--April 21, 2004--V-ONE CORPORATION (OTCPK: VONE), a global Internet security company, today announced it will introduce "on-demand" VPN-over-satellite service through the company's broadband satellite resellers. The service, built around V-ONE's SmartSat(TM) application layer SSL VPN product, is among the first of its kind to be offered to broadband satellite users.

The SmartSat on-demand service has key advantages for VPN-over-satellite resellers and providers who might otherwise purchase SmartSat:

Resellers and providers can minimize up-front purchase costs and capital expenditures;
Providers can bundle end-to-end security into their service model;
Resellers can flexibly adjust SmartSat user quantities to match customer load;
Providers can ramp-up when rolling out remote office, teleworker, and partner extranets.
SmartSat circumvents the long-standing problem of satellite latency (delay) experienced by IPSec and other network layer VPN protocols. Benchmark results show that SmartSat VPN-over-satellite throughput is 5 to 15 times faster than when using IPSec products.

Hughes Network Systems, the world's leading provider of satellite broadband solutions, and V-ONE recently agreed to co-market SmartSat to the federal government. SmartSat is the first and only VPN-over-satellite solution that Hughes has certified. SmartSat earned this certification by meeting Hughes' performance requirement that a VPN-over-satellite solution experience less than 10% degradation when measured against in-the-clear communications.

"We are very excited to be one of the first VPN solution providers to offer an on-demand service to the broadband satellite industry," said V-ONE president and CEO Margaret E. Grayson. "We are confident this service will provide added flexibility for our service partners, allowing them to better serve their growing customer needs."

About V-ONE Corporation

V-ONE's application layer SSL VPN security products are the most secure, least expensive, and easiest to manage network solutions for the wireless, remote and satellite markets. These patented standards-based products work on all leading operating systems, boost satellite network speeds by 500% to 1500% over products using IP Security (IPSec) and enable secure remote access to an organization's VPN.

V-ONE products have been deployed by U.S. government agencies charged with homeland security, including the FBI, NSA, and Departments of Defense, Justice and the Treasury. The Company's clients also include Fortune 500 and smaller companies in healthcare, banking & finance, transportation and high-tech. All rely upon V-ONE's 10-year proven track record for providing secure global VPN information sharing over the Internet, intranets, extranets and privately leased lines.

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