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Montera Corporation Acquires ITSecure Strategic Acquisition Provides Montera with Expanded Application Management and Security Expertise OTTAWA, ONTARIO (May 9, 2003) - Montera Corporation, a leading provider of Application Management Services, today announced that it has completed the acquisition of ITSecure Networks Inc, a privately held, Ottawa-based information security solutions provider. ITSecure is a recognized leader in providing integrated products and services designed to mitigate risk and defend against security threats. "The acquisition of ITSecure marks a significant milestone in our growth and demonstrates a commitment to our customers to integrate security expertise into our Application Management offering" said Jim Bursey, CEO of Montera. "We are firmly focused on providing a compelling value proposition for our clients and enhancing the benefits of our services. The addition of ITSecure's expertise is further validation of this pledge." Founded in 2001, ITSecure established a market leading presence and expertise designing and deploying enterprise security solutions, as well as providing guidance and direction in the areas of privacy and policy compliance for private and public sector clients. "We are very excited to match ITSecure's recognized leadership in information security with Montera's enterprise application management capabilities." Said Jeff Moffatt, President of ITSecure. "This is a logical evolutionfor both ITSecure and Montera and collectively will provide our customers with a complete and comprehensive offering." The transaction and integration of ITSecure is effective immediately. Jeff Moffatt, founder and President of ITSecure, joins the Montera Management Team and assumes the role of Vice-President of Security and Systems Management. About Montera Montera Corporation is a leading provider of Application Management Services that allow clients to optimize the performance and efficiencies of mission-critical applications, IT assets and infrastructure. Montera's guidance and expertise includes management, development, support and enhancement services for all enterprise applications. Through Montera's outsourcing model, customers achieve greater efficiencies, cost-savings, increased reliability and performance, and effectively maximize their investment in IT. From its head office in Ottawa, Ontario, Montera serves a growing list of clients in Canada, the United States, Europe and Asia. About ITSecure ITSecure is a focused, specialized provider of security technology products and services that promote business continuity and mitigate risk. Combining a leading edge security consulting practice with a comprehensive security products offering, ITSecure serves clients across Canada from its head office in Ottawa. www.itsecure.ca
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