NEW YORK and BURLINGAME, Calif. - May 3, 2010 - VSS Monitoring, Inc, and Paladyne Systems, Inc., a leading solutions provider to the global hedge fund industry, today announced that Paladyne has implemented VSS Monitoring's Distributed Traffic Capture Systems™ in its hosted technology platform, Paladyne ASP™, a turnkey solution providing the only fully-hosted infrastructure to hedge fund managers, fund administrators and prime brokers.

       Paladyne is using multiple VSS Monitoring V 16.8 10/100/1000 Distributed Taps to gather traffic from key points in Paladyne's datacenters worldwide, isolating traffic on network segments and routing it dynamically to the company's centralized monitoring systems. This gives Paladyne the ability to securely monitor every network segment for total visibility into applications, processes and user activity, as well as to increase overall flexibility and stability.

       "Network security is a critical pillar of the Paladyne ASP™ offering," said Christian Robertson, Paladyne's Chief Operating Officer. "VSS Monitoring's distributed traffic capture gives us a comprehensive network security stance at no risk to the platform and no overhead on the network. It allows us to compete more effectively by providing a superior level of service while remaining a lean organization."

       Deploying VSS Monitoring distributed taps has allowed Paladyne to future-proof its monitoring and security infrastructure, Robertson said. "We can add new devices by plugging them into a tap. We can combine traffic on the fly from taps and SPAN ports, mix and/or route traffic any way we need to, and connect the taps as one virtual system." He added that the VSS taps have saved Paladyne capital and operational costs since they have eliminated the need for multiple probes as well as the overhead to manage them.

       "Complete visibility is essential to maintaining performance and assuring security in high-performance networks," said Terence Breslin, VSS Monitoring CEO. "Paladyne is an exemplar of a company that has efficiently implemented total visibility and in so doing gained a total network view and the ability to scale for future needs."

       Professional Inter-Networking Group (PING) was the solution provider that sourced the VSS distributed tap acquisition. PING designs and deploys enterprise network solutions that maximize data access, minimize costs and deliver improved user and network performance.

About Paladyne Systems

       Paladyne Systems, Inc. (www.paladyne.com), a leading provider of technology and services to the global hedge fund industry, develops and distributes products designed to streamline hedge fund operations while providing business efficiency and cost savings throughout the organization. Paladyne offers a fully-hosted technology platform known as the PALADYNE® suite which is capable of supporting the front- to back-office requirements of today's most comprehensive hedge funds. The PALADYNE® suite is an integrated set of applications including: trading and order management, portfolio management, portfolio accounting, global security master, data warehousing and custom reporting, pricing and valuation, and automated reconciliation.

About VSS Monitoring

       VSS Monitoring, Inc. (www.vssmonitoring.com) is the leader in network traffic capture, with the world's largest and most feature-rich family of traffic capture devices allowing IT professionals to see into the farthest reaches of even the largest networks, preventing problems from reaching end users, and greatly reducing the time to achieve a return on investment for network monitoring and security tools. VSS' innovative Distributed Traffic Capture Systems herald a new architecture of network monitoring, one which fundamentally improves its capability and price-performance. The company is headquartered in Burlingame, Calif.

About PING

       PING (www.ping-us.com) is an infrastructure services firm based in New York City. Since its inception it has provided network and security services and support to some of the world's largest financial institutions. PING's competencies include: routing/switching; security; IP telephony; wireless; bandwidth optimization, network management, and virtualization and operating system migrations and support.

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PALADYNE is a registered trademark of Paladyne Systems, Inc.  VSS and Distributed Traffic Capture System are trademarks or registered trademarks of VSS Monitoring, Inc. in the United States and other countries. Any other trademarks contained herein are the property of their respective owners.

News Media Contacts:

Mark McHarry
VSS Monitoring Media Relations
Office: +1 650-697-8770
mcharry.m@vssmonitoring.com

Paladyne - Media Contacts
Lisa Jane O'Neil
1-212-786-7629 or 917-361-8303
lisajane@ljoassociates.com