Intoto Inc. Secures $11 Million of Funding from Financial and Strategic Partners

AsiaTech Management Leads Series B Investment to Fuel More Rapid Deployment of New Products and Continued Market Share Expansion

SANTA CLARA, Calif., -- (BUSINESS WIRE)—March 31, 2004 : Intoto Inc., a leading provider of integrated security, wireless and voice software platform products to networking and communications equipment manufacturers, announced today that it has secured $11 million of investment led by AsiaTech Management and a corporate partner. The additional resources will help Intoto drive further into profitability and fuel efforts to accelerate market momentum.

“This investment from both financial and corporate partners is a testament to the strength of our products, roadmap and customer base,” said Sathyan Iyengar, president & CEO of Intoto Inc. “Intoto welcomes Asia Tech Management as the lead investor for this round and Ms. Katherine Jen to our board of directors. Our investors’ global market experience will help open up additional opportunities.”

Intoto provides fully integrated communications software platforms to the OEMs and ODMs in the RG/SOHO & SME/Enterprise market segments. Intoto has licensed its iGateway software solutions to over 100 networking and communication equipment vendors who have all enjoyed accelerated time-to-market, reduced software development risk and increased ROI. Intoto’s iGateway software solutions are proven on a number of embedded microprocessors, SoC communications processors and network processors, and are compatible with all major OS/RTOSs. Intoto’s iGateway software platform products are robust, reliable, and extensible, allowing equipment manufacturers to rapidly go to market with superior and differentiated gateway products.

“Our discussions with many gateway and security appliance OEMs / ODMs confirmed that Intoto Inc. is a leader in this market and is well ahead of competition in terms of technology, performance and reliability required for the communication market. Intoto’s fully integrated security/wireless/VOIP software platform is the key differentiator for the network appliance vendors.”, said Katherine Jen, Managing partner of AsiaTech Management. “We have personal relationships with senior executives of who’s who in the Asia-Pacific area including Taiwan and China. We will help Intoto to capture the fast growing business opportunities through our networks.”

Intoto will use the funds to sharpen the focus on key customers and expand market presence to accelerate market share growth. In addition, the funds will be used to expand sales & marketing and to accelerate the development of next generation software for the future security appliances and gateway devices.

About iGateway

Intoto’s iGateway Software Platform is a fully integrated and comprehensive communications gateway software suite. The iGateway software platform includes security, convergence, connectivity, and management solutions for security appliances and broadband networking equipment such as DSL, cable, & wireless gateways, firewall & VPN appliances, integrated access devices, SOHO & residential gateways, access routers and multi-service switch gateway equipment. Intoto’s iGateway Security Solutions such as Firewall, VPN, Intrusion Protection, Wireless Security have been adopted broadly in the networking field, including leading networking equipment manufacturers and processor vendors. Intoto security solutions have also been certified by VPNC, both leading security assurance organizations. Intoto’s iGateway software solutions for 802.11 WLAN equipment are robust and secure. In addition to standard 802.11 access point (AP) platform functionality, the iGateway SecureAP offers comprehensive security based on the WPA and 802.1x security standards. iGateway VoIP is an embedded software suite that includes an umbrella of voice protocols along with the SIP signaling protocol stack and generic interface to DSPs. It has a flexible and scalable architecture to build feature rich IP phones, IADs, ICPs, IP PBXs, voice gateways and media gateways.

About Intoto Inc.

Intoto Inc. is a provider of secure embedded gateway infrastructure software platform products to the equipment manufacturers and processor vendors in the communications gateway market. Intoto offers iGateway™, a fully integrated comprehensive embedded gateway software platform. This enables equipment manufacturers to create and rapidly deploy fully validated, reliable gateway equipment. Founded in 1998, Intoto Inc. is headquartered in the heart of Silicon Valley in Santa Clara, CA USA. More information about Intoto, Inc. is available from its Web site at http://www.intoto.com

About AsiaTech Management

AsiaTech Management is an early stage venture capital firm. Headquartered in Santa Clara, Calif. with a strong presence in Taiwan and China, AsiaTech invests in Silicon Valley companies and helps them to expand into the burgeoning Asia Pacific market through its extensive networks in the industry and local government. AsiaTech has strong domain expertise in areas of network security, utility computing, and IC design. Companies that AsiaTech has helped to build include Netscreen Technology, AboveNet Communications, CenterRun, Everypath, Netlogic Micro, WIDCOMM, Candera. For more information about AsiaTech Management see www.asiatechventure.com.

Corporate Contact:

Abby Minong
Marketing Communications Manager
Intoto, Inc.
408-623-1141

Media Contact:

Anne Schnurmann
Account Supervisor
Voxus PR
253-853-5110