BOSTON, February 26, 2008—Technology veteran David Mahoney has joined the board of Vaultus Mobile Technologies, a leader in extending business-critical applications to handheld devices. Mahoney brings more than 30 years of experience as an innovator, entrepreneur, executive and investor in the software industry to his role as advisor to Vaultus.

“Vaultus has the combination of compelling technology and management that can make it a major player in the mobile applications space,” said Mahoney. “I’m impressed by the growing number of large organizations that are investing heavily in its technology as a key component in mobilizing the enterprise.”

Most recently, Mahoney was President and CEO of Applix, a position he accepted in 2003 after being a board member since 1992. Prior to that, he was CEO of Verbind, Inc. a provider of real-time behavioral analytic software. Mahoney also served as President and Chief Executive Officer of LeadingSide, Inc. (formerly Dataware Technologies, Incorporated), and was the founder of Banyan Systems, a pioneer in distributed networking operating systems. Mahoney’s experience in the technology world extends back to the early 1970s when he developed software applications at the MIT Lincoln Laboratory.

“David Mahoney is a prominent figure in the technology world and someone who can help Vaultus achieve its goals both from a business and technological perspective. He brings experiences that are unique to the industry and is a welcome addition to our team of advisors,” said Vaultus CEO David Birnbach.

About Vaultus Mobile Technologies
Vaultus Mobile Technologies is a mobility leader that extends business-critical applications to handheld devices for anywhere, anytime access. Its award-winning Mobile Application Platform provides the fastest and most secure access to enterprise data, along with unparalleled ease of use. To learn more about Vaultus, please visit www.vaultus.com.

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