Abraxas Corporation acquires Anonymizer, Inc.

Herndon, Va., May 01, 2008

Richard Helms, CEO and Founder of Abraxas Corporation announced today the acquisition of San Diego-based Anonymizer, Inc.

In making the announcement, Mr. Helms noted that, "We are very pleased and excited about bringing the very talented Anonymizer team on board. Their products and services in trusted anonymity are second to none and perfectly complement our existing risk mitigation technology offerings. Anonymizer has developed a complete portfolio of capabilities focused in protecting online identities and privacy. They were the first to bring such a service to market, and, after 12 years of perfecting it, have become the undisputed market and technology leader. Since its inception, Anonymizer has protected millions of global Internet users.

Helms further stated, "I am also pleased to announce that Lance Cottrell, the Founder and Chief Technology Officer of Anonymizer, will become our Chief Scientist and continue to pursue his advocacy of privacy for people around the world. Bill Unrue, Anonymizer's CEO, will assume the position of President of Anonymizer which will operate as a wholly owned subsidiary of Abraxas Corporation. Bill will continue to pursue Anonymizer's goals to provide proprietary technologies and complementary capabilities that offer unique, multi-layered identity protection that enhances the traditional network perimeter defenses of consumers, corporations and government agencies."

For more information, contact media@abraxascorp.com