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  • Trend Micro appoints Mahendra Negi as chief financial officer

Trend Micro appoints Mahendra Negi as chief financial officer

Johannesburg, 06 Mar 2001

SecureData, an ERP.com company and the exclusive sub-Saharan distributors of Trend Micro Inc, a leading provider of antivirus and Internet content software, announced the appointment of Mahendra Negi as Chief Financial Officer of Trend Micro. Mr Negi will remain the Chief Operating Officer and Chief Financial Officer of Trend Micro's wholly-owned subsidiary ipTrend, Inc. Negi will also serve on the board of directors of both Trend Micro and ipTrend.

"We are pleased and excited about Mahendra's expanded role on the Trend Micro team," said Steve Chang, Trend Micro's President and CEO. "Trend Micro aims to create value for our shareholders, customers and employees through sustained, dynamic growth. Mr. Negi adds tremendous value to Trend Micro through his expertise, his insight into the market, and his excellent performance at ipTrend."

"Trend Micro is a leader in the Internet security business, and one of the few listed companies in Japan which are truly international, both in terms of business and management," said Mr. Negi. "I look forward to the challenge of working in a fast growing Internet Infrastructure company."

Mr. Negi, 40, came to ipTrend from Merrill Lynch on June 2000, where he spent six years covering Japan's Internet and software industries. He was ranked No.1 on Institutional Investor magazine's list of Internet Analysts in Japan, and ranked No. 2 among software analysts by both Institutional Investor and the Nikkei Shimbun, Japan's top business newspaper. Mr. Negi won renown for his pioneering research in the Internet sector, especially for his September 1999 report, "Internet Tsunami," a 140-page reference guide to Japan's Internet industry. Negi started his career in the petroleum industry, and then moved to commercial before joining Merrill Lynch. He holds a Master's degree in Physics from Nagpur University in India in addition to his Master's degree in Management from the London Business School.

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Trend Micro

Trend Micro, an Internet infrastructure software and services company, provides centrally controlled server-based virus protection and content-filtering solutions. Trend Micro's corporate headquarters is located in Tokyo, Japan, with business units in North and South America, Europe, Asia, and Australia. Trend Micro's products are sold directly and through a network of corporate, value-added resellers and managed service providers. Evaluation copies of all of Trend Micro's products may be downloaded from its award-winning website, http://www.antivirus.com.

ipTrend

ipTrend, Inc. is a Linux-based Internet appliance development company which was formed by Trend Micro's acquisition of Nippon Unisoft in February 2000. IpTrend bundles Internet-ready servers and appliances with Linux software applications, Trend Micro content security protection, comprehensive service and full technical support - a complete solution delivering instant eCommerce capabilities to SOHO users. ipTrend will thus extend the Trend Micro group's reach into the Internet infrastructure hardware and software markets, complementing Trend Micro's existing Internet infrastructure-based content security services.