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Network Associates Changes Name Back to McAfee

Company changes its name to McAfee and is selling Sniffer Technologies business to refocus on security.

Network Associates Inc., the leading provider of intrusion prevention solutions, today announced that it has changed its name to McAfee, Inc. The company will be traded on the New York Stock Exchange under the new ticker symbol MFE; it was previously traded under the ticker symbol NET. With the divestiture of the Magic help desk technology and the agreement to sell the Sniffer Technologies network management business, the new McAfee Inc. is focused on providing best-of-breed intrusion prevention solutions that allow customers to block both known and unknown attacks.

McAfee Inc. expects to close the sale of the Sniffer Technologies network management business to Silver Lake Partners and Texas Pacific Group in the second half of July.

"As a company, we are at a strategic turning point and the name change to McAfee Inc. reinforces our image as a leader in security," said George Samenuk, chairman and chief executive officer of McAfee Inc. "Our security business is growing, and the new McAfee Inc. is committed to continuing to deliver innovative, next-generation security solutions to protect our customers."

Through the McAfee Protection In-Depth strategy, the company has led the intrusion prevention market, providing comprehensive solutions to protect desktop, servers, wireless devices and the network infrastructure against both existing and new security threats. The McAfee brand is known worldwide for providing proactive security solutions and the new McAfee, Inc. will continue to develop solutions to protect customers of all sizes against evolving security threats and vulnerabilities, including blended attacks and malicious code of all kinds.

For more information, McAfee, Inc. can be reached at (972) 963-8000 or on the Internet.

NOTE: Network Associates and McAfee are either registered trademarks or trademarks of McAfee Inc. and/or its affiliates in the United States and/or other countries. Red in connection with security is distinctive of McAfee(R).

All other registered and unregistered trademarks herein are the sole property of their respective owners. (c) 2004 Networks Associates Technology, Inc. All Rights Reserved.