Websense(WBSN) - 500 Beiträge pro Seite

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Profile:Websense, Inc. is a provider of employee Internet management (EIM) products that enable businesses to manage how their employees use the Internet at work. The Company`s primary product, Websense Enterprise, gives businesses the ability to implement and configure Internet access policies in support of their efforts to improve employee productivity, conserve network bandwidth and storage space, and mitigate potential legal liability. The Company`s software applications operate in conjunction with its proprietary Websense Master Database, which is available for daily incremental downloads. This database is organized into 79 categories and encompasses more than three million Websites as of December 31, 2001, representing approximately 600 million Web pages. The Company`s database is updated with approximately 5,000 newly categorized Websites each business day using a proprietary process of automated site content assessment and classification with manual verification.
http://www.websense.com

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Tuesday July 23, 8:19 pm Eastern Time
Reuters Company News
Websense reports Q2 profit, sharply higher revenues

SAN DIEGO, Calif., July 23 (Reuters) - Websense Inc (NasdaqNM:WBSN - News) Tuesday reported a second quarter profit and higher revenues and said that demand remained brisk for its software that helps companies monitor their employees` Web use.

Websense said it earned $3.6 million or 17 cents per share in the second quarter, compared with a loss of $13,000 or nil per share in the year-ago quarter. Earnings in the latest quarter easily beat the average analyst estimate for a 13 cent per share profit, as calculated by Thomson First Call.

Websense said its revenues rose to $13.5 million from $7.4 million.

Websense shares fell $3.05, or 14.39 percent, on the Nasdaq exchange on Tuesday, closing at $18.14. It reported its earnings after the bell.

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Nevada Water Authority Relies on Websense Premium Group III To Protect Its Network From Web-Based Malicious Content
New Security Database Blocks Employee Access to Security-Risk Sites
SAN DIEGO, Aug. 1 /PRNewswire-FirstCall/ -- For one of the largest water authorities in Nevada, employee Web access is a public safety issue.

Recognizing that Web-borne malicious mobile code (MMC) can attack an internal network when employees innocently visit certain Web sites, the Truckee Meadows Water Authority in Reno, Nevada recently installed the new Websense Enterprise Premium Group III: Malicious Web Sites database, which blocks employee access to sites with malicious content.

"We chose Premium Group III as our primary defense against Web-based MMC because it enables us to proactively minimize an ever-increasing threat," said Anthony Hebert, consulting IT manager for Truckee Meadows Water Authority, which serves 400,000 customers in the Lake Tahoe, Reno and surrounding areas. "Customers depend on us 24 hours a day, 7 days a week, 365 days a year. We can`t afford to be in a position where we have to react to a MMC event."

Websense Inc. (Nasdaq: WBSN - News), the world`s leading provider of employee Internet management (EIM) software, released Premium Group III (PG III) in July to enable Websense Enterprise customers to block employee access to sites infected with MMC. The PG III database is updated daily with newly infected Web sites and automatically downloaded to customers with no additional administration needed.

Unlike some security solutions that react to threats after they cause harm, PG III is a preventative security measure because it stops a user`s request for a malicious Web site before it enters an Internet gateway. This additional layer of security is critical because, according to Hurwitz Group, traditional anti-virus software allows viruses through to 1 in 10 end-users.

"Anyone who thinks that firewalls and anti-virus software are the only protection the enterprise needs today doesn`t completely realize the extent and immediacy of malicious Web content," said Hebert. "Employees simply browsing travel or sports sites can be instantly infected. Websense Enterprise with Premium Group III enables us to stop Web-based MMC in its tracks."

PG III harnesses the mining technologies originally developed for finding and categorizing Web sites in the Websense Master Database, the heart of Websense Enterprise software. To find MMC-infected sites, Websense imports tens of millions of Web sites every day into its URL Warehouse and scans them for malicious code, including ActiveX controls, Visual Basic script, JavaScript and Java Applets. Then, using proprietary algorithms, Websense identifies malicious code and enters those sites into the PG III database. Once a site is no longer infected, Websense removes the URL from the PG III database for the next day`s download.

"To help build the PG III database, Websense uses its unique WebCatcher feature, by which customers automatically send uncategorized and new URLs visited by employees to Websense for review," said Harold Kester, chief technology officer for Websense. "In this manner, WebCatcher is a community- based security measure in which every Websense customer benefits by being able to block new and emerging sites containing malicious mobile code."

For more information on Premium Group III: Malicious Web Sites database, visit http://www.websense.com/products/resources/wp/index.cfm to view a white paper on malicious Web sites and how corporations can minimize the risk of MMC attacks in their workplaces. The PG III database is currently available at http://www.websense.com/downloads to Websense Enterprise v4 customers for $5 per user per year.

About Websense Inc.

Websense Inc. (Nasdaq: WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,500 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the UK`s FTSE 100, encompassing more than 12 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with CacheFlow, Check Point, Cisco, Microsoft, NetScreen, Network Appliance, SonicWALL and others. For more information, visit www.websense.com .

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company`s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company`s services, products and fee structures, the success of the company`s brand development efforts, the volatile and competitive nature of the Internet industry, changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Websense`s business, financial condition and results of operations are included under the headings "Risk Factors," "Risks and Uncertainties" or "Factors Affecting our Operating Results" contained in Websense`s public filings with the Securities and Exchange Commission, available at (http://www.sec.gov).

SOURCE: Websense Inc.

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Online Horse Betting May Cause California Companies To Post Productivity Losses, Cautions Websense Inc.
Off-Track Betting Can Also Be a Legal Liability for Employers
SAN DIEGO, Aug. 13 /PRNewswire-FirstCall/ -- It`s officially "off to the races" for online horse betting in California, but businesses in the Golden State should carefully consider their internal policies when it comes to this seemingly harmless activity, warns Websense Inc. (Nasdaq: WBSN - News). ADVERTISEMENT




While the state`s racetracks become congested with fans eager for a shot at winning, corporations may face a losing battle with dwindling worker productivity, increased legal liabilities and network congestion, as employees legally place horse racing bets over the Internet for the first time in California history.

"Recent legislation allowing online horse betting in California isn`t something employers should take lightly," said Jennifer Kearns, a labor and employment partner at Brobeck, Phleger & Harrison LLP, a global law firm with offices in the United States, London, Oxford and Munich. "Companies that don`t have policies for managing workplace Internet activity can face a multitude of problems, not the least of which is lost employee productivity. Claims of inconsistent treatment might arise, if online betting is permitted and other types of Internet amusement are disallowed. And in the most extreme of hypothetical cases, one can imagine a compulsive gambler suing his or her employer for providing access to horse betting Web sites in the office."

Demand for online betting has grown dramatically since California Gov. Gray Davis signed a recent bill allowing horse betting via the Web beginning Jan. 1, 2002. In fact, according to Websense, the number of gambling Web sites has spiked to more than 37,000, a 92 percent increase since last year. eMarketer reports online gambling revenues will reach $3.85 billion by 2006, as betters flock to sites such as Xpressbet, TVG Network and Youbet.com.

While the Del Mar and Hollywood Park racetracks no doubt are enjoying this alternate form of revenue, California companies are facing a new and growing distraction for workers, because most races take place between 9 a.m. and 5 p.m. Indeed, businesses can expect a large percentage of the estimated 2.9 million active online gamblers (according to Datamonitor) engaging in their cyber-gambling activities from work.

"Online gambling is not a new problem for employers, but it`s certainly taken on a more popular form with the legalization of horse betting in California," said Andy Meyer, vice president of marketing, Websense, the world`s leading provider of employee Internet management (EIM) software. "Employers should remain proactive in terms of setting clear policies about Internet gambling in the workplace. Companies can also enforce those policies with an EIM product that automatically takes the temptation away from employees."

Besides potential productivity and legal ramifications, many Web sites offering online gambling on California horse racing feature content that is interactive, engaging and even addictive. For example, several Web sites that track the races will also provide streaming video of the races as they are run, further clogging corporate network connections and slowing connectivity.

About Websense Inc.

Websense Inc. (Nasdaq: WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,500 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the UK`s FTSE 100, encompassing more than 12 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with CacheFlow, Check Point, Cisco, Microsoft, NetScreen, Network Appliance, SonicWALL and others. For more information, visit www.websense.com .

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company`s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company`s services, products and fee structures, the success of the company`s brand development efforts, the volatile and competitive nature of the Internet industry, changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Websense`s business, financial condition and results of operations are included under the headings "Risk Factors," "Risks and Uncertainties" or "Factors Affecting our Operating Results" contained in Websense`s public filings with the Securities and Exchange Commission, available at ( http://www.sec.gov ).

SOURCE: Websense Inc.

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Unsafe Surfing: Malicious Mobile Code Infecting Mainstream Web Sites, Reports Websense Inc.
Web-Borne Code Changes Bookmarks, Writes to Registries and Spreads Worms
SAN DIEGO, Aug. 15 /PRNewswire-FirstCall/ -- Malicious mobile code (MMC) is increasingly infecting travel, shopping and business Web sites, signaling an emerging threat for companies that allow employees open access to the Web at work, according to Websense Inc. (Nasdaq: WBSN - News). ADVERTISEMENT




New research from Websense shows that many businesses may be vulnerable to MMC as employees visit seemingly harmless Web sites in the workplace. These sites expose surfers to worms, viruses and other malicious code. Once downloaded, virulent strains of MMC exploit holes in browsers, write to computer registries, add bookmarks and change homepages.

"Web-borne MMC is a growing threat to corporate America because it infects more than just hacking, pornography and gambling Web sites," said Dan Hubbard, a security expert at Websense. "For example, employees browsing travel or sports sites can instantly infect their company`s network without even knowing it. It`s critical for businesses to stop this type of code at the source, rather than react once it enters the Internet gateway."

According to data from Websense, nearly half (48.6 percent) of MMC is embedded on Web sites that many companies would normally allow employees to access freely. This includes sites related to shopping, sports, travel, restaurants, search engines and more. Once MMC enters the end user`s network, one-third of it was found to spread viral worms by writing or reading to the registry, writing files to the hard disk, searching through contacts in Microsoft Outlook and other activities. Two-thirds of it was found to modify computer registries for the purpose of adding bookmarks, changing search pages or homepages, or adding shortcuts onto the desktop.

Websense, the world`s leading provider of employee Internet management (EIM) software, released Premium Group III (PG III) in July to enable Websense Enterprise customers to proactively prevent employee access to Web sites infected with MMC. A first-of-its-kind offering in the security space, the PG III database is updated daily with newly infected sites and automatically downloaded to customers with no additional administration needed.

To find MMC-infected sites, Websense imports tens of millions of Web sites every day into its URL Warehouse and scans them for malicious code, including ActiveX controls, Visual Basic script, JavaScript and Java Applets. Then, using proprietary algorithms, Websense identifies malicious code and enters those sites into the PG III database. Once a site is no longer infected, Websense removes the URL from the PG III database for the next day`s download.

PG III is designed to provide Websense customers with automatic protection against Web-based MMC, such as the Nimda Worm, which cost companies worldwide considerable downtime and an estimated clean-up cost of $2.6 billion, according to the Department of Justice. With PG III installed, customers can block employee access to Web sites infected by viruses, stopping them in their tracks.

For more information about the Premium Group III: Malicious Web Sites database, visit http://www.websense.com/products/resources/wp/index.cfm to view a white paper on malicious Web sites and how corporations can minimize the risk of MMC attacks in their workplaces.

About Websense Inc.

Websense Inc. (Nasdaq: WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,500 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the UK`s FTSE 100, encompassing more than 12 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with CacheFlow, Check Point, Cisco, Microsoft, NetScreen, Network Appliance, SonicWALL and others. For more information, visit www.websense.com .

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company`s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company`s services, products and fee structures, the success of the company`s brand development efforts, the volatile and competitive nature of the Internet industry, changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Websense`s business, financial condition and results of operations are included under the headings "Risk Factors," "Risks and Uncertainties" or "Factors Affecting our Operating Results" contained in Websense`s public filings with the Securities and Exchange Commission, available at ( http://www.sec.gov ).

For further information, please contact Ted Ladd of Websense Inc., [phone], [e-mail].

SOURCE: Websense Inc.










Websense Launches SiteWatcher Service, Offering Malicious Mobile Code Notification for Customers
Value-Added Feature Scans Customer Web Sites Daily for MMC Attacks
Tuesday August 27, 5:00 am ET

SAN DIEGO, Aug. 27 /PRNewswire-FirstCall/ -- Websense Inc. (Nasdaq: WBSN - News), the world`s leading provider of employee Internet management (EIM) software, today launched SiteWatcher, a value-added service that notifies security- conscious Websense customers if their own Web sites become infected with malicious mobile code (MMC).

ADVERTISEMENT


Offered to customers who purchase Websense`s Premium Group III: Malicious Web Sites database (PG III), SiteWatcher provides an early-warning system for MMC infecting customers` own Web sites. SiteWatcher scans customer sites daily for signs of malicious worms, viruses, scripts and more. If detected, customers are immediately notified of the infection.

According to Websense research, nearly half (48.6 percent) of all MMC is found on business-related Web sites. By enabling SiteWatcher, Websense customers receive an immediate warning that allows them to repair their business Web sites before their clients, prospects and partners can be infected. This notification is critical at stopping viruses like Nimda, which infected thousands of innocent Web servers and spread via simple Web browsing.

"In building our PG III database, we monitor tens of millions of Web sites continually for signs of harmful code. Every day, our customers automatically download PG III updates, so they can proactively block employee access to infected sites," said Harold Kester, chief technology officer, Websense. "With SiteWatcher, Websense is leveraging those same proprietary processes to notify customers if their own Web sites become infected. Ultimately, this gives customers a critical alert system to help them stop the spread of MMC from their own sites."

For more information about SiteWatcher, visit http://www.websense.com/products/premiumgroups/sitewatcher.c… . For more information about PG III, visit http://www.websense.com/company/news/pr/02/070102.cfm to view a press release and white paper on malicious Web sites and how corporations can minimize the risk of MMC attacks in their workplaces.

About Websense Inc.

Websense Inc. (Nasdaq: WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,500 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the UK`s FTSE 100, encompassing more than 12 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Check Point, Cisco, Microsoft, NetScreen, Network Appliance, SonicWALL and others. For more information, visit www.websense.com .

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company`s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company`s services, products and fee structures, the success of the company`s brand development efforts, the volatile and competitive nature of the Internet industry, changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Websense`s business, financial condition and results of operations are included under the headings "Risk Factors," "Risks and Uncertainties" or "Factors Affecting our Operating Results" contained in Websense`s public filings with the Securities and Exchange Commission, available at (http://www.sec.gov).

For further information, please contact Ted Ladd of Websense Inc., [phone], [e-mail].





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Source: Websense Inc.

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Caltrans Selects Websense EIM Software to Manage Employee Internet Traffic; Websense Enterprise Deployed at More Than 600 Sites Across California
Thursday August 29, 8:01 am ET


SAN DIEGO, Aug. 29 /PRNewswire-FirstCall/ -- Making sure its own internal Internet traffic flows smoothly, the California Department of Transportation (Caltrans) recently adopted Websense Inc. (Nasdaq: WBSN - News) as its employee Internet management (EIM) software solution.
ADVERTISEMENT


Caltrans is deploying Websense Enterprise statewide to manage Internet use for more than 22,000 employees at 630 of its facilities across California. The government agency is using Websense in an effort to limit the legal liabilities associated with open Internet access, as well as save network bandwidth and improve employee productivity.

"As a government agency concerned with maximizing taxpayers` money, Caltrans recognizes the addictive nature of the Internet and the resulting need to remove distractions from employee desktops," said Paul Dhanota, partner for Evolve Technology Group, a Sacramento, Calif.-based technology reseller that recommended Websense software to Caltrans. "We suggested Websense Enterprise because -- as the leading product in the EIM space -- it offers protection against legal liabilities and powerful productivity tools for organizations."

Caltrans integrated Websense software with its existing Cisco PIX firewall to help limit inappropriate or time-wasting Internet material on its computer networks. The preferred product for high-traffic situations, Websense software inspects every end-user request to the Web, ensuring accuracy and scalability.

"Websense has consistently been the product of choice for government agencies at the federal, state and local levels -- and Caltrans is no exception," said Bill Goldbach, Websense vice president of North America sales. "The organization saw the need for greater productivity and reduced bandwidth costs, and opted for a best-of-breed EIM solution that delivers rapid cost savings and top-ranked technology to cost-conscious government IT departments."

Websense Enterprise EIM software is currently used at nearly 200 government agencies nationwide. Key accounts include the U.S. Army, Bureau of Census, Centers for Disease Control, Federal Aviation Administration and the State of Arizona.

About Websense Inc. Websense Inc. (Nasdaq: WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,500 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the UK`s FTSE 100, encompassing more than 12 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Check Point, Cisco, Microsoft, NetScreen, Network Appliance, SonicWALL and others. For more information, visit www.websense.com .

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company`s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company`s services, products and fee structures, the success of the company`s brand development efforts, the volatile and competitive nature of the Internet industry, changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Websense`s business, financial condition and results of operations are included under the headings "Risk Factors," "Risks and Uncertainties" or "Factors Affecting our Operating Results" contained in Websense`s public filings with the Securities and Exchange Commission, available at (http://www.sec.gov).

For further information, please contact Erin Patrick of Websense Inc., [phone], [e-mail].




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Source: Websense Inc.

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Landis: Tech and value not opposites
Firsthand founder likes Skyworks, UTStarcom, Websense

By Mike Tarsala, CBS.MarketWatch.com
Last Update: 12:07 AM ET Sept. 3, 2002




SAN FRANCISCO (CBS.MW) -- Kevin Landis has heard the jokes before: a technology value fund is an oxymoron. Many investors insist that there aren`t any tech stock values to be had.

Landis is one of many tech fund mangers that have shown big losses so far this year. As of Thursday, his Firsthand Funds Tech Value (TVFQX: news, chart, profile) is down more than 55 percent since year to date, vs. a 42 percent decline by the average tech fund and a roughly 20 percent drop in the S&P 500 Index ($SPX: news, chart, profile), according to Lipper. The $850 million fund is down nearly 30 percent annually for the past three years.

After more than two years of sharp stock losses for the industry, Landis remains convinced that there are fast-growing tech companies out there that can be purchased at a bargain. They`re stocks investors might not know about -- and ones he said could eventually help lead a tech resurgence.



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"If you`re still investing in tech stocks, you`re driven by history, and an appreciation of the coming upside," Landis said. "We haven`t gotten into short-term trading tactics. We just want to own the best companies we can... betting that they`ll be the first to be rewarded once the rebound comes."

One of the stocks Landis says he`s recently purchased for his fund is Skyworks Solutions (SWKS: news, chart, profile). The company was created when the former Alpha Industries combined operations with Conexant Systems` (CNXT: news, chart, profile) communications chip business earlier this year. He says the company will benefit from ongoing consolidation in its industry. Landis also says the company could boost revenue, due to demand for new cell phones that come with color screens, and built-in cameras and MP3 music players. Skyworks closed down 47 cents Friday to $4.23 a share.

Communications gearmaker UTStarcom (UTSI: news, chart, profile) is another one of Landis` recently found favorites. The company makes a type of low-cost cell phone system that`s sold to governments in third-world countries. It costs less than setting up traditional cell phone service, and less than running wires. He says he likes the stock because its price is only 10 times next year`s earnings - less than many other Nasdaq-listed tech stocks. He says the company continues to build a sales backlog, and it shows a near-immunity to the tech industry`s slowdown. UTStarcom traded up 11 cents to $13.20 a share.

Landis says he also likes shares of Websense Inc., (WBSN: news, chart, profile), the maker of software that lets employers monitor the Internet sites visited by their employees. He says the company will boost sales, as more customers use the software to boost productivity. It also can be used to reduce a company`s legal risks, by blocking access to hate-group and porn sites. Landis says the company continues to build its deferred revenue. Websense shares fell 16 cents to $17.03 a share.

Mike Tarsala is a San Francisco-based reporter for CBS.MarketWatch.com.

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Reuters Market News
News Sites Top List of Workplace Time Burners
Sunday September 22, 8:23 am ET

By Andrea Orr


PALO ALTO, Calif. (Reuters) - Just about any employer with enough money to provide workers an Internet connection is also spending a little extra to prevent them from visiting non-work Web sites.
Yet many have no idea where those workers are whiling away most of the hours between nine and five.

ADVERTISEMENT


A recent survey found that workers frequent online news sites more often than things like pornography, gambling, or even shopping sites -- and they consider news one of the most addicting things available on the Internet.

"Initially we saw the most abuse in pornography and gambling sites, now we are seeing more time spent on shopping and news sites," said Harold Kester, Chief Technology Officer of Websense Inc (NasdaqNM:WBSN - News) which conducted the survey.

Websense is a San Diego company that makes software to help companies monitor employees` surfing patterns and block them from visiting, or at least from spending excessive amounts of time on sites that are taking them away from their jobs. But its survey showed that the boss does not always know the ways workers slack off.

Some 23 percent of those workers surveyed said they considered news the most addictive Web content, compared with 18 percent who reported pornography, eight percent for gambling and six percent online auctions. Overall news came in a very close second to online shopping, which 24 percent of those surveyed said they considered addictive.

Yet these employee patterns did not reflect employers` concerns. The majority of workers surveyed -- some 67 percent -- said they were allowed them to use their office Internet connections to read news. That compared with just 37 percent who were allowed access to shopping and auction sites, and a slim two percent of respondents who said they were allowed to visit gambling and porn sites.

Kester, of Websense, said these findings were more compelling when placed in the context of the rest of the survey, which showed workers spent upward of 20 percent of their time surfing the Web. On average, those surveyed said they spent 8.3 hours a week on Internet sites that had no relation to their jobs; most said they would sooner give up coffee than the Internet.

SurfControl (Nasdaq:SRFC - News), a British company that also makes Internet monitoring products, says that employers are sometimes so focused on blocking access to content like porn and racism which could carry a legal liability, that they overlook the more obvious drains on worker productivity.

"I think a lot of companies to react to the current vogue, and now a lot of their concerns center on pornography and gambling sites," said SurfControl Chief Executive Officer Steve Purdham. "But (concern about) news sites is starting to grow, especially sports news and financial news. A lot of people have a personal interest in seeing how their stocks are doing, and somewhere around the world, there is always some kind of global sports event going on."

Companies such as Websense and SurfControl do not dictate how employers monitor the Internet but allow them discretion in deciding which sites to block. While they say many companies, especially those in more creative fields, are pretty liberal with respect to online news sites, others have determined news has no place on the job.

"One of our clients is a large food distribution company and they have a lot of Internet terminals at dock loading stations and they really don`t want their employees looking at the news," said Kester, of Websense. "It is just not part of their job."

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Websense Announces New Solution With Cisco; Best-of-Breed Websense EIM Software to Integrate With Cisco Router Line
Partnership Means Greater Flexibility for Deployment, Easier Management of Remote Offices
Wednesday October 2, 8:02 am ET


SAN DIEGO, Oct. 2 /PRNewswire-FirstCall/ -- Changing the way employee Internet management (EIM) software is deployed at the enterprise, Websense Inc. (Nasdaq: WBSN - News) today announced an expanded technology partnership with Cisco Systems (Nasdaq: CSCO - News) that will integrate Websense`s best-of-breed EIM software with Cisco`s market-leading network routers.
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Websense Enterprise software, which manages, reports and analyzes employee Internet traffic, will integrate directly with Cisco`s upcoming IOS network operating system. Websense`s software will add sophisticated EIM functionality to a broad range of Cisco routers, from the company`s small office/home office 800 series to its large, enterprise-class 7400 series. The joint solution, scheduled to be released in Q1 2003, is currently in final field testing.

Customers will benefit from the integration by having more options for deploying Websense Enterprise software in their networks. In particular, distributed organizations -- with multiple branch offices spread across distant locations -- will be able to point individual Cisco routers at each remote office to a single Websense server at headquarters, ensuring each office`s Internet use is managed centrally and consistently with company policy.

"Routers are ubiquitous in network computing, so this integration makes a lot of sense from an ease-of-use point of view. Global companies can now manage their EIM software anywhere in the network, greatly simplifying deployment," said Andy Meyer, vice president of marketing, Websense. "In addition, because Websense Enterprise software is the standard for enterprises worldwide with the highest throughput in the industry, this new integration will deliver unparalleled performance and scalability."

Cisco routers currently offer several expanded features, including QoS functionality, firewall capabilities and more. Cisco`s integration with Websense will allow IT managers to manage employee Internet access at the router level using Websense Enterprise`s advanced policy engine that can be tailored by end user, group, department or network.

More than 3.2 million multigigabit routers were shipped to companies worldwide in 2000, according to the Gartner Group. Currently, Cisco holds a dominant share of the estimated $8 billion market, according to RHK, a telecommunications analyst firm. Websense is the clear-cut leader of the EIM market space, with more than half of the Fortune 500 as customers, one-third of Europe`s FTSE 100 corporations and half of Japan`s Nikkei 225.

About Websense Inc.

Websense Inc. (Nasdaq: WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,500 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the UK`s FTSE 100, encompassing more than 12 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Check Point, Cisco, Microsoft, NetScreen, Network Appliance, SonicWALL and others. For more information, visit www.websense.com .

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company`s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company`s services, products and fee structures, the success of the company`s brand development efforts, the volatile and competitive nature of the Internet industry, changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Websense`s business, financial condition and results of operations are included under the headings "Risk Factors," "Risks and Uncertainties" or "Factors Affecting our Operating Results" contained in Websense`s public filings with the Securities and Exchange Commission, available at ( http://www.sec.gov ).

For further information, please contact Media, Ted Ladd of Websense Inc., [phone], [e-mail].




--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

Macrovision and Websense Announce New Partnership to Prevent Unauthorized Digital Material in the Workplace
Solutions Will Help Customers Limit Liabilities, Prevent Unauthorized Materials on Company Servers
Tuesday October 8, 8:08 am ET


SAN DIEGO and SANTA CLARA, Calif.--(BUSINESS WIRE)--Oct. 8, 2002-- Employee Internet Management (EIM) software company Websense Inc. (Nasdaq:WBSN - News) and digital rights management (DRM) provider Macrovision Corporation (Nasdaq:MVSN - News) today announced a strategic partnership to eliminate the growing problem of unauthorized digital content in the workplace.
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Both companies -- leaders in their respective markets -- will develop complementary solutions designed to prevent the unauthorized storage, use and distribution of copyrighted content within enterprise, government and educational institutions worldwide. These joint solutions will benefit content providers and employers by providing a proactive defense against legal liabilities associated with unauthorized games, music, video, software and other digital content on company computing resources. The solutions will combine Macrovision`s proprietary technologies and long-standing expertise in the field of digital signatures and fingerprints and Websense`s patent-pending content classification technologies to identify and control the downloading of "hacked" content and unauthorized redistribution of copyrighted material.

A high percentage of unauthorized content is downloaded at work due to the broad availability of bandwidth and the ability to execute otherwise time-consuming downloads. In fact, according to recent report from Jupiter Media Metrix, only 16 percent of home users have high-speed Internet access. By contrast, 57 percent of employees at work with Internet access use a broadband connection. By 2005, Jupiter predicts that number to increase to 87 percent of all employees.

"The Internet`s growth and the associated expansion of high-bandwidth connections within workplaces has, unfortunately, exposed a lot of companies to the dark side of the Web, such as illegally swapping music or video files, or downloading pirated software at work," said John Carrington, chairman and CEO of Websense. "Under our new partnership, Macrovision and Websense will help organizations protect themselves from these emerging liability threats. We envision several joint products that, using Websense Enterprise, will help companies manage these critical issues."

The first product from the partnership is expected to be launched by Websense in the second half of 2003. The product, a Liability Protector add-on module for Websense Enterprise software, would help shield employers from potential legal liabilities by searching company servers and hard drives for copyrighted content found to have copy protection elements removed or bypassed from Macrovision`s patented technologies for video, audio and software applications. Coinciding with the release of the Websense Liability Protector module, Macrovision will launch SafeScan(TM), a product allowing Macrovision`s current CD-ROM copy protection customers to extend the copy protection ecosystem for those games that have been protected with Macrovision`s patented SafeDisc® technology. SafeScan is designed to prevent downloading and file sharing of "hacked" content in workplaces.

"The concept of content security has broadened from a point focus of isolating security breaches in one distribution venue to a broader solution to limit the damage from any potential breach across venues," said Bill Krepick, president and CEO of Macrovision. "Our partnership with Websense is the first step in adding a multi-dimensional element to Macrovision`s content protection and rights management offerings. SafeScan is an important step in expanding our content protection offerings into the enterprise space to encompass public and private networks, and to monitor and control copyright abuse such as unauthorized peer-to-peer file sharing."

Unauthorized peer-to-peer networks are becoming a critical threat to the content and information industries. In its September 2002 Congressional hearing on "Piracy On Peer-to-Peer Networks," the Recording Industry Association of America (RIAA) estimated that more than 2.6 million files are copied every month. Another research firm, Viant of Boston, estimated in June 2001 that more than 300,000 to 350,000 pirated movies are downloaded from the Internet worldwide everyday.

Corporations have been increasingly held liable for allowing illegal copyrighted materials in their workplaces. In a recent, high-profile case that was settled out of court, RIAA won $1 million in damages from an Arizona-based company for storing illegal MP3s on its network. In addition, the Business Software Alliance -- an anti-piracy organization -- has recovered more than $60 million in penalties from companies in the United States caught with unlicensed software, most of which was downloaded from the Web.

About Macrovision

Macrovision (Nasdaq:MVSN - News) develops and markets copy protection, digital rights management (DRM) and electronic license management technologies for the home video, consumer software, enterprise software and music markets. Headquartered in Santa Clara, California with international headquarters in London and Tokyo, Macrovision can be found on the Internet at www.macrovision.com.

SafeDisc and SafeScan are registered trademarks or trademarks of Macrovision Corporation.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,500 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the UK`s FTSE 100, encompassing more than 12 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Check Point (Nasdaq:CHKP - News), Cisco (Nasdaq:CSCO - News), Microsoft (Nasdaq:MSFT - News), NetScreen (Nasdaq:NSCN - News), Network Appliance (Nasdaq:NTAP - News), SonicWALL (Nasdaq:SNWL - News) and others. For more information, visit www.websense.com.

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company`s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company`s services, products and fee structures, the success of the company`s brand development efforts, the volatile and competitive nature of the Internet industry, changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Websense`s or Macrovision`s business, financial condition and results of operations are included under the headings "Risk Factors," "Risks and Uncertainties" or "Factors Affecting our Operating Results" contained in Websense`s and Macrovision`s public filings with the Securities and Exchange Commission, available at (www.sec.gov).



--------------------------------------------------------------------------------
Contact:
Macrovision Corp.
Brian Dunn, 408/743-8600
[e-mail]
or
Websense Inc.
Ted Ladd, 858/320-9270
[e-mail]



--------------------------------------------------------------------------------
Source: Macrovision Corp.

[panik]

Websense Inc. Unveils Strategic Technology Direction in Webcast
Upcoming Products Extend EIM Functionality Beyond the Browser; Websense Enterprise to Become Technology Platform for Centrally Managed, Integrated Products
Tuesday October 8, 8:11 am ET


SAN DIEGO--(BUSINESS WIRE)--Oct. 8, 2002-- Previewing a new technology direction that will extend employee Internet management (EIM) functionality beyond the browser, Websense Inc. (Nasdaq:WBSN - News) today outlined the future evolution of its market-leading EIM software in a Webcast hosted by company management.
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Entitled "Websense Strategic Direction: Expanding EIM," the Webcast included presentations from Chairman and CEO John B. Carrington, Chief Technology Officer Harold Kester and others, and highlighted the challenges companies face with the Internet and the growing need for EIM software that is capable of managing the broader intersection of employees with their computing environments.

To meet this need, Websense announced the launch of its next-generation EIM software, Websense Enterprise v5. The release, available January 2003, leverages core Websense strengths of content classification and Web filtering, and transforms Websense Enterprise into a platform upon which new functional modules can be integrated.

"Employee Internet management is no longer limited to just Web access," said Carrington. "It now means taking an employee-centric approach to managing corporate computing resources, including setting boundaries on personal Web surfing, limiting peer-to-peer protocols, stopping rogue executable files and managing programs running on desktops. Anything less is an incomplete solution."

New Market Opportunities

Websense Enterprise software currently manages how employees access the Web in the workplace, preserving employee productivity, conserving network bandwidth and storage costs, limiting legal liabilities and improving network security. However, with the growth of new threats beyond the browser, customers now need new solutions to manage employee activities.

For example, 58 percent of network managers stated that instant messaging (IM) poses the greatest security risk to their enterprises, according to Gartner Inc. research. However, IM can be a productive tool, when used in accordance with company policy. In addition, streaming media is a growing concern because of its drain on network bandwidth. More than 50 percent of the U.S. workforce are streaming media users, according to Edison Media Research. Finally, pirated software is also becoming more of a concern, as more than 30 percent of employees have illegal or unlicensed software on their desktops, according to the Software Industry Association.

To solve these and other problems, Websense Enterprise v5 will extend the footprint of Websense EIM functionality deeper into customer computing resources -- expanding from today`s server-level application to a technology platform with offerings at the network and desktop client. With this expansion, customers using Websense will be able to manage network bandwidth and protocols, as well as desktop applications -- using add-on modules managed by a central management console and employee-centric policies.

"Enterprise requirements for Internet filtering and reporting tools are expanding to include policy-based bandwidth control and regulation of access to non-Web applications such as instant messaging, peer-to-peer file-exchange tools and interactive games. Some enterprises are looking to further manage employee use by going beyond the Internet gateway and into desktop systems. This next level of policy control regulates access to applications and helps to optimize software license assets," said Bill Gassman, network analyst for the Gartner Inc.

New Products

As Websense evolves to meet the needs of the expanding EIM market, the company will offer new features with its core Websense Enterprise Web filtering product, in addition to two new modules customers can purchase that will integrate with the new application framework built into Websense Enterprise v5. These initial two application modules -- Bandwidth Optimizer and Client Application Manager -- will be available to customers on an annual, per-employee subscription price and will integrate with a central policy console. Pricing of these initial modules will be announced before general availability in January 2003.

Websense Enterprise v5 will be available to existing Websense Enterprise v4 customers at no charge. Websense Enterprise v5 with enhanced Web filtering functionality will include:

Dynamic protocol management, which allows IT managers to manage employee access to protocols, such as instant messaging, streaming media and those that tunnel over port 80. Protocols are updated daily via automatic database downloads.
Real-time analyzer, an easy-to-use reporting tool that gives IT managers an immediate, real-time snapshot of network traffic, including protocols, bandwidth, Web sites visited and more.
File-type management, helping customers manage employee downloading of various file types from the Web, grouped into simple, point-and-click categories. File types are also updated daily via automatic database downloads.
Central policy distribution, an additional feature that allows large corporations and distributed enterprises to quickly and easily "push out" centralized Websense policies to multiple Websense servers.
Trend and risk reporting, the expansion of Websense Reporter that allows customers to monitor Internet traffic trends and highlight specific risks related to employee Web surfing and other activities.
Bandwidth Optimizer, an add-on module sold at an additional per-employee subscription price, will offer features including:

Dynamic shaping of network traffic, which provides a means for IT managers to set reasonable limits on non-work-related bandwidth use until network conditions allow more open access.
Adaptive traffic management, allowing IT managers to ensure business-related traffic flows smoothly, while taking a user-friendly approach to non-work-related requests.
Flexible policies by protocol and category, helping IT managers block access to high-bandwidth media by content category, protocol, user, group and network policy.
Client Application Manager (CAM), also an add-on module sold at an additional per-employee subscription price, will offer features such as:

Desktop application management, a productivity- and security-enhancing feature that allows IT managers to set centrally managed policies on which applications can run on individual desktops by category, user, group or network. As an example, IT managers can allow employees to open gaming applications only during lunch hours, while denying access to spyware and rogue executable applications at all times.
Desktop lockdown, a powerful feature that allows IT managers to secure certain desktops by only allowing authorized applications, scripts and executable programs to run. All other executables, not known by the central policy server, are blocked.
Outbreak mode, a feature that helps IT managers halt the spread of viruses, worms, and rogue executable programs and applications in real time, by being able to prevent the launch of a particular filename across the enterprise.
"Desktop management of applications enhances enterprise security because today`s cyber-attacks impact more than the network perimeter," said Becky Bace, a nationally recognized security expert and the author of Intrusion Detection. "Websense Client Application Manager enables companies to complement anti-virus solutions by protecting desktops against the ill effects of rogue executables and malware."

New Partnerships

In conjunction with the announcement of the launch of Websense Enterprise v5, management also unveiled two new partnerships with industry leaders Macrovision Corp. (Nasdaq:MVSN - News) and Tumbleweed Communications Corp. (Nasdaq:TMWD - News), which are intended to provide added value to customers and complement Websense`s existing functionality.

Macrovision and Websense are forging a technology partnership by which both companies -- leaders in their respective markets -- will develop complementary solutions designed to stop the improper storage, use and distribution of copyrighted content within enterprise and government institutions. These joint solutions will benefit customers by providing a proactive defense against legal liabilities associated with unauthorized games, music, video, software and other digital content on company computing resources. For more information, the full press release can be found at: http://www.websense.com/company/news/pr/02/100702b.cfm.

The Tumbleweed partnership is a marketing relationship to offer complementary, best-of-breed EIM software and e-mail filtering solutions to enterprise customers. Websense Enterprise software will now become the recommended EIM solution of choice for Tumbleweed customers, and Tumbleweed solutions will now be recommended as the preferred secure messaging solution for Websense clients. Both companies will engage in joint marketing and sales programs to promote each other`s products to current customer lists and prospective accounts. For more information, the full press release can be found at: http://www.websense.com/company/news/pr/02/100702c.cfm.

To view the complete Websense management Webcast on the company`s future technology direction, visit: http://www.websense.com/roadmap.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,500 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the UK`s FTSE 100, encompassing more than 12 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Check Point (Nasdaq:CHKP - News), Cisco (Nasdaq:CSCO - News), Microsoft (Nasdaq:MSFT - News), NetScreen (Nasdaq:NSCN - News), Network Appliance (Nasdaq:NTAP - News), SonicWALL (Nasdaq:SNWL - News) and others. For more information, visit www.websense.com.

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company`s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company`s services, products and fee structures, the success of the company`s brand development efforts, the volatile and competitive nature of the Internet industry, changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Websense`s business, financial condition and results of operations are included under the headings "Risk Factors," "Risks and Uncertainties" or "Factors Affecting our Operating Results" contained in Websense`s public filings with the Securities and Exchange Commission, available at (http://www.sec.gov).



--------------------------------------------------------------------------------
Contact:
Websense Inc.
Ted Ladd, 858/320-9270
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

Websense and Tumbleweed Announce Marketing Partnership
Best-of-Breed Companies Join Forces to Manage Web and E-mail Content
Tuesday October 8, 8:13 am ET


SAN DIEGO and REDWOOD CITY, Calif.--(BUSINESS WIRE)--Oct. 8, 2002--
Solutions Help Customers Enforce Web and E-mail Policies,

Add Layers of Security to Networks

Employee Internet management (EIM) company Websense Inc. (Nasdaq:WBSN - News) and secure messaging provider Tumbleweed Communications Corp. (Nasdaq:TMWD - News) today announced a marketing partnership to offer complementary, best-of-breed EIM software and secure messaging solutions to enterprises worldwide.

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Websense Enterprise software will now become the recommended EIM solution of choice for Tumbleweed customers, and Tumbleweed solutions will now be recommended as the preferred secure messaging solution for Websense clients. Both companies will engage in joint promotional programs to market to current customer lists and prospective accounts.

Enterprises will benefit from the new partnership by being able to purchase an industry-leading product from each company. By combining Websense EIM and Tumbleweed e-mail solutions, companies can readily enforce their existing Web and e-mail use policies -- increasing employee productivity, conserving valuable network bandwidth, reducing legal liability and providing an extra layer of security for their networks.

"Websense is the industry leader in the corporate EIM space," said Bill Bradford, vice president of marketing, Tumbleweed Communications Corp. "With the highest-quality URL database in the industry and the most scalable product on the market, Websense will be able to offer our customers a best-of-breed EIM solution to complement their existing Tumbleweed secure messaging deployments."

Tumbleweed`s customer base includes more than 1,000 organizations in the United States, Europe and Asia, including Fortune Global 2,000 corporations in industries ranging from government agencies to financial services to health care. Websense`s customer list includes 17,500 organizations worldwide, including half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the U.K.`s FTSE 100.

"Customers can`t afford to invest in a sub-par secure messaging solution, particularly with the critical need for unfettered e-mail communication in the workplace," said Bill Goldbach, vice president of North America sales, Websense Inc. "That`s why Websense is promoting the proven industry leader, Tumbleweed, whose best-of-breed secure messaging solutions will provide our Websense Enterprise customers with unmatched scalability and reliability, a comprehensive e-mail policy gateway, and the most flexible secure delivery options in the market."

Driven by the growth of Internet-enabled employees, the EIM market segment is one of the fastest-growing in the Internet security sector and is expected to be a near $1 billion market by 2006, according to IDC. Similarly, a recent IDC study reported corporate e-mail volume is expected to double by 2006, from the present level of 31 billion a day to 60 billion -- leading to an increased need by corporations to manage this form of employee communication.

Tumbleweed`s best-of-breed secure messaging solutions enable businesses to share sensitive information via e-mail with customers and partners, transforming e-mail from a potential source of liability and drain on resources into a tool for enhancing communication and maximizing productivity. Websense best-of-breed EIM software solutions, including Websense Enterprise, Websense Reporter and database Premium Groups, help companies increase employee productivity, conserve network bandwidth, reduce legal liability and add an extra layer of security.

About Tumbleweed Communications Corp.

Tumbleweed is a leading provider of secure messaging solutions for businesses using the Internet. Tumbleweed`s robust policy-based framework empowers organizations to safely share and protect critical information, increase customer loyalty and privacy, and dramatically reduce costs. Tumbleweed is trusted by 1,000 blue-chip customers including American Express, Chevron, Datek Online, the European Union`s Joint Research Council, First Union Wachovia, John Deere, Merrill Lynch, Nike, Northern Trust, NTT, Salomon Smith Barney, Travelers and the U.S. Food and Drug Administration. One hundred of the Fortune 500 are Tumbleweed customers. Tumbleweed Communications was founded in 1993 and is headquartered in Redwood City.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,500 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the U.K.`s FTSE 100, encompassing more than 12 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Check Point (Nasdaq:CHKP - News), Cisco (Nasdaq:CSCO - News), Microsoft (Nasdaq:MSFT - News), NetScreen (Nasdaq:NSCN - News), Network Appliance (Nasdaq:NTAP - News), SonicWALL (Nasdaq:SNWL - News) and others. For more information, visit www.websense.com.

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company`s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company`s services, products and fee structures, the success of the company`s brand development efforts, the volatile and competitive nature of the Internet industry, changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Websense`s business, financial condition and results of operations are included under the headings

"Risk Factors," "Risks and Uncertainties" or "Factors Affecting our Operating Results" contained in Websense`s public filings with the Securities and Exchange Commission, available at (http://www.sec.gov).

Tumbleweed cautions that forward-looking statements contained in this press release are based on current plans and expectations, and that a number of factors could cause the actual results to differ materially from the forward-looking statements made at this time. These factors are described in the Safe Harbor statement below. Tumbleweed undertakes no obligation to update this press release or statement about matters mentioned therein at any time, during the current quarter or in future quarters. Except for the historical information contained herein, the matters discussed in this press release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected, particularly with respect to Tumbleweed`s product plans, partnerships, and strategic plans. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. For further cautions about the risks of investing in Tumbleweed, we refer you to the documents Tumbleweed files from time to time with the Securities and Exchange Commission, particularly Tumbleweed`s Form 10-K filed March 30, 2002 and Form 10-Q filed August 14, 2002. Tumbleweed assumes no obligation to update information contained in this press release.



--------------------------------------------------------------------------------
Contact:
Websense Inc.
Ted Ladd, 858/320-9270
[e-mail]
or
Tumbleweed Communications Corp.
Jason Rzepka, 415/703-9454
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

Websense Names High-Tech Veteran and Financial Expert Mark St. Clare to Websense Board of Directors
Monday October 14, 8:06 am ET


SAN DIEGO--(BUSINESS WIRE)--Oct. 14, 2002--Websense Inc. (Nasdaq: WBSN - News), the world`s leading provider of employee Internet management (EIM) software, today announced that high-tech veteran and financial expert Mark St.Clare has joined its board of directors, increasing the total number of directors to seven.
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St.Clare will chair the company`s independent audit committee.

St.Clare brings 34 years of professional financial management experience to the board and has served as chief financial officer at four different companies, including 15 years with FileNet Corp., a publicly held software firm with more than $300 million in annual revenue. Most recently, he was chief financial officer of Access360, a privately held provider of identity management software that was recently acquired by IBM.

"Mark`s broad practical knowledge of the Internet-related software industry and significant financial expertise complement the skills of our existing board members," said John B. Carrington, chairman and chief executive officer of Websense. "He will be invaluable as Websense continues to grow and expand its leadership in the EIM market."

By adding St.Clare to its board, Websense has taken steps intended to meet a corporate governance requirement of the Sarbanes-Oxley Act, which requires that by January 2003 public companies to have an independent financial expert on their audit committees or make disclosures to investors if they do not.

"With the addition of a professional of Mark`s caliber, we are taking the lead in augmenting the depth of financial expertise on our board. We have always adhered to the highest ethical standards in preparing our financial statements, and we look forward to continuing in this tradition with Mark`s guidance," said Doug Wride, chief financial officer of Websense.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,500 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the UK`s FTSE 100, encompassing more than 12 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Check Point (Nasdaq: CHKP - News), Cisco (Nasdaq: CSCO - News), Microsoft (Nasdaq: MSFT - News), NetScreen (Nasdaq: NSCN - News), Network Appliance (Nasdaq: NTAP - News), SonicWALL (Nasdaq: SNWL - News) and others. For more information, visit www.websense.com.

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company`s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company`s services, products and fee structures, the success of the company`s brand development efforts, the volatile and competitive nature of the Internet industry, changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Websense`s business, financial condition and results of operations are included under the headings "Risk Factors," "Risks and Uncertainties" or "Factors Affecting our Operating Results" contained in Websense`s public filings with the Securities and Exchange Commission, available at (http://www.sec.gov).



--------------------------------------------------------------------------------
Contact:
Websense Inc.
Kate Patterson, 858/320-8072 (Investors)
[e-mail]
or
Katy Tanghe, 858/320-9263 (Media)
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

Websense Reports Record Revenue and Earnings for Third Quarter
Tuesday October 22, 4:01 pm ET
Extends Leadership in the Emerging EIM Software Market


SAN DIEGO--(BUSINESS WIRE)--Oct. 22, 2002--Websense Inc. (NASDAQ:WBSN - News)
Revenue Rises 68 Percent From Third Quarter 2001 to $16 Million
Quarterly Billings Exceed $21 Million, Highest in Company History
Deferred Revenue Increases 55 Percent from the Year-Ago Quarter to $55 million
Net Income More Than Doubles from Q3 2001 to 18 Cents Per Diluted Share
Websense Inc. (NASDAQ:WBSN - News), the world`s leading provider of employee Internet management (EIM) software, today announced record revenue and earnings for the quarter ended Sept. 30, 2002.

Revenue for the third quarter was $16.0 million, an increase of 68 percent from the $9.5 million reported in the third quarter a year ago, and an increase of 10 percent from $14.6 million in the second quarter this year. Third-quarter net income increased to $4.0 million, or 18 cents per diluted share, more than double the $1.9 million and 8 cents per diluted share earned in the third quarter last year and a 14 percent increase from the $3.5 million, or 15 cents per diluted share, reported in the second quarter of 2002.

For the nine months ended Sept. 30, net income totaled $10.2 million or 44 cents per diluted share, significantly higher than the $1.5 million and 7 cents per diluted share earned in the same period a year ago. Revenue through the first three quarters of 2002 totaled $43.6 million, up substantially from $24.6 million in the first nine months last year.

"We are pleased to report another very strong quarter," said John B. Carrington, chairman and CEO of Websense. "With only one in four Internet-enabled employees managed by an EIM solution, and more employees being connected every year, the EIM market is currently in its early development stage. Our growth is being driven by the continued expansion of this market and by growing awareness of how an EIM solution can help mitigate the workplace problems created by widespread Internet access."

"We are also doing an excellent job of developing new products that expand the revenue opportunity in our current client base. More than 20 percent of our customers now use one or more of our Premium Group databases. The addition of these new products and regular enhancements to the core Websense Enterprise platform, combined with increased seat volume, has resulted in a steady increase in our average contract size," added Carrington.

Websense sells subscriptions to its products primarily on a one-, two- or three-year basis, billing the entire amount to the customer up-front. The company then recognizes pro-rata portions of the total billings as subscription revenue on a monthly straight-line basis over the life of the subscriptions. Total billings in the third quarter were a record $21.2 million, compared with $14.2 million in the third quarter of 2001 and $18.2 million in the second quarter of 2002.

Reflecting the strong increase in billings, deferred revenue -- which represents amounts billed to customers but not yet recognized as subscription revenue -- increased by $5.1 million in the third quarter. Total deferred revenue was $55.1 million at the end of the quarter, an increase of 55 percent from the third quarter last year and 10 percent higher than in the second quarter of 2002. The company also reported an increase in cash and investments of $8.6 million during the quarter, further strengthening a balance sheet that now has more than $128 million in total cash and investments and no debt.

"As the leader in the EIM market, Websense targets high-value customers. We focus on those organizations that view EIM as critical to their network infrastructure, that manage multiple categories of content, that use Websense`s eight different flexible management options and that are willing to invest more for a quality solution," said Carrington. "These organizations represent the most profitable segment of the EIM space, and we are committed to expanding our relationships with them through new product introductions, and increasing the number of seats within each organization."

Earlier this month, Websense announced its roadmap for the further expansion of its product line. The next generation of Websense software -- Websense Enterprise v5 -- is expected to launch in the first quarter of 2003 and will include enhanced EIM capabilities as well as two add-on modules, Bandwidth Optimizer and Client Application Manager. For more information regarding Websense Enterprise v5 and the company`s technology and product roadmap, visit http://www.websense.com/roadmap.

In conjunction with the unveiling of its product roadmap, Websense also announced two new strategic relationships -- a technology relationship with Macrovision Corp. designed to battle the problem of unauthorized digital content in the workplace, and a marketing relationship with Tumbleweed Communications Corp. designed to offer Websense customers a best-of-breed e-mail filtering solution to complement their existing Websense products. For more information on the Macrovision and Tumbleweed announcements, visit http://www.websense.com/company/news/pr/index.cfm.

Third-Quarter Highlights

In addition to strong financial performance, third-quarter highlights included:

Websense increased the number of customers to approximately 17,800 worldwide. The number of customer seats rose to approximately 13 million, an increase of 500,000 since the end of the second quarter and almost 2 million higher than at the beginning of the year. Quarterly net increases in the number of customers and seats under subscription were achieved despite continued elimination of "low-value" customers, including the migration of nearly 500 Japanese school subscription renewals, representing approximately 50,000 low-priced seats, to a less sophisticated Japanese-only solution developed by a Japanese distributor.
The company added 10 Fortune 500 companies to its roster of clients, including Allied Waste, Best Buy, Charter Communications, Cox Communications, Fifth Third Bank, KB Home, Kerr McGee, Longs Drugs, Puget Sound Energy and Sempra Energy.
Websense continued to add important new international clients to its customer roster with new contracts at Air France, The Royal Bank of Scotland, HSBC Bank in the U.K. and Boehringer Ingelheim in Germany. Approximately 29 percent of Websense revenue in the third quarter was generated outside the United States.
Websense Enterprise software continues to be purchased across all major vertical markets, including several new contracts in the government sector, such as Shaw Air Force Base in South Carolina, the New Jersey Department of Labor, Pennsylvania`s Department of Corrections, the City of Toledo, Ohio, and the Malaysian Civil Service.
The Websense Master Database grew to 3.9 million sites consisting of approximately 900 million Web pages in 44 languages. The database is refreshed every seven hours and, to date, more than 700,000 dead links have been removed.
The company strengthened its management team with the addition of Michael Newman as vice president and general counsel and expanded its board of directors with the appointment of industry veteran and financial expert Mark St. Clare.
At the end of the third quarter, the company had 322 full-time employees, up by 85 people since the first of the year.
Outlook

Although unsettled political and economic conditions in many parts of the world continue to cloud the global business outlook, Websense provided guidance on its anticipated financial performance in the coming quarter. In doing that, the company emphasized that its forward-looking statements are based on current expectations and disclaimed any obligation to update the statements as conditions change.

The company expects sequential revenue growth in the fourth quarter to be in the range of 10 to 12 percent. Earnings per share are expected to be in the range of 19 to 20 cents per diluted share. The tax rate for the fourth quarter will remain at 7 percent, but is expected to rise to 40 percent at the beginning of 2003 as the company exhausts tax loss carry-forwards from prior years.

Longer term, Websense remains optimistic about marketplace growth and the company`s ability to continue to be the leader in EIM software. IDC industry analysts estimate more than 200 million people currently have access to the Internet at work and expect that number to grow to 300 million by the end of 2004. The company believes its superior technology and expanding array of product offerings will allow it to capture a significant share of future marketplace growth.

Conference Call

Websense is hosting a conference call and Webcast today at 4:30 p.m. (EDT) to discuss third-quarter financial results. For those who register online beforehand at http://investor.websense.com/medialist.cfm, the Webcast can be accessed live, and it will also be available on the company`s Web site through Oct. 29. In addition, a recording of the call will be available for one week to those who phone [phone] (toll-free in the United States) or 719/457-0820 and enter "158857" as the passcode.

About Websense Inc.

Websense Inc. is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,800 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the UK`s FTSE 100, encompassing more than 13 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Check Point, Cisco, Macrovision, Microsoft, NetScreen, Network Appliance, SonicWALL, Tumbleweed and others. For more information, visit www.websense.com.

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company`s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company`s services, products and fee structures, the success of the company`s brand development efforts, the volatile and competitive nature of the Internet industry, changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Websense`s business, financial condition and results of operations are included under the headings "Risk Factors," "Risks and Uncertainties" or "Factors Affecting our Operating Results" contained in Websense`s public filings with the Securities and Exchange Commission, available at (http://www.sec.gov).

Websense, Inc.
Consolidated Statements of Operations
(Unaudited and in thousands, except per share amounts)

Three Months Ended Nine Months Ended
------------------- -------------------
Sept. Sept. Sept. Sept.
30, 30, 30, 30,
2002 2001 2002 2001
--------- --------- --------- ---------
Revenue $16,005 $9,549 $43,590 $24,613

Cost of revenue 1,081 911 3,075 2,565
--------- --------- --------- ---------

Gross margin 14,924 8,638 40,515 22,048

Operating expenses:
Selling and marketing 6,610 4,531 18,845 13,785
Research and development 3,063 1,837 7,941 5,509
General and administrative 1,503 1,186 4,548 3,855
Amortization of stock-based
compensation 95 210 380 655
--------- --------- --------- ---------
Total operating expenses 11,271 7,764 31,714 23,804
--------- --------- --------- ---------
Income (loss) from operations 3,653 874 8,801 (1,756)
Interest income, net 665 1,037 2,066 3,267
--------- --------- --------- ---------
Income before income taxes 4,318 1,911 10,867 1,511
Provision for income taxes 280 38 627 38
--------- --------- --------- ---------
Net income $4,038 $1,873 $10,240 $1,473
========= ========= ========= =========

Basic net income per share $0.19 $0.09 $0.49 $0.07
========= ========= ========= =========
Diluted net income per share $0.18 $0.08 $0.44 $0.07
========= ========= ========= =========

Basic common shares 21,319 20,154 21,069 20,073
========= ========= ========= =========
Diluted common shares 22,913 22,606 23,170 22,627
========= ========= ========= =========

Pro forma information:
Net income excluding
amortization of
stock-based compensation $4,133 $2,083 $10,620 $2,128
========= ========= ========= =========

Pro forma basic net income per
share excluding
amortization of stock-based
compensation $0.19 $0.10 $0.50 $0.11
========= ========= ========= =========

Pro forma diluted net income
per share excluding
amortization of stock-based
compensation $0.18 $0.09 $0.46 $0.09
========= ========= ========= =========

Pro forma basic shares 21,319 20,154 21,069 20,073
========= ========= ========= =========

Pro forma diluted shares 22,913 22,606 23,170 22,627
========= ========= ========= =========

Financial Data:
Total deferred revenue $55,134 $35,626 $55,134 $35,626
========= ========= ========= =========


Websense, Inc.
Consolidated Balance Sheets
(In thousands)

Sept. Dec.
30, 31,
2002 2001
--------- ---------
Unaudited
Assets
Current assets:
Cash and cash equivalents $56,667 $23,715
Investments in marketable securities 71,773 79,393
Accounts receivable, net 15,370 12,001
Accounts receivable from a related party -- 525
Other current assets 1,516 1,084
--------- ---------
Total current assets 145,326 116,718

Property and equipment, net 2,820 2,710
Deposits and other assets 299 384
-------------------
Total assets $148,445 $119,812
===================

Liabilities and stockholders` equity
Current liabilities:
Accounts payable $1,032 $640
Accrued payroll and related benefits 3,787 2,750
Other accrued expenses 3,542 2,264
Deferred revenue, current portion 40,303 31,218
--------- ---------
Total current liabilities 48,664 36,872

Deferred revenue, less current portion 14,831 12,260

Stockholders` equity:
Common stock 214 206
Additional paid in capital 91,815 88,639
Deferred compensation (151) (531)
Accumulated deficit (7,454) (17,694)
Accumulated other comprehensive income 526 60
--------- ---------
Total stockholders` equity 84,950 70,680
--------- ---------
-------------------
Total liabilities and stockholders` equity $148,445 $119,812
===================




--------------------------------------------------------------------------------
Contact:
Websense Inc., San Diego
Kate Patterson (IR), 858/320-8072
[e-mail]
or
Ted Ladd (media), 858/320-9270
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

Dow Jones Business News
Websense 3rd Quarter EPS 18 Cents
Wednesday October 23, 5:39 am ET


Websense Inc. (NasdaqNM:WBSN - News) - San Diego
3rd Quar Sept. 30:
2002 2001
Revenue $16,005,000 $9,549,000
Net income 4,038,000 1,873,000
Avg shrs (basic) 21,319,000 20,154,000
Avg shrs (diluted) 22,913,000 22,606,000
Shr earns (basic)
Net income .19 .09
Shr earns (diluted)
Net income .18 .08

Websense Inc. expects sequential revenue growth in the fourth quarter of 10% to 12%, or to $17.6 million to $17.9 million.

Earnings per share are expected to be 19 cents to 20 cents, compared with the Thomson First Call view of 18 cents.

In the year earlier quarter, Websense posted earnings of 8 cents.

The company provides employee Internet management products. Its Websense Enterprise software is used by more than 7,500 companies to monitor, report and manage employee Internet usage, block access to certain content and set time periods for when access is available.

Company Web site: http://www.websense.com

[panik]

U.S. Air Force, Department of Agriculture Among Government Organizations Renewing Contracts With Websense Inc.
Thursday October 24, 8:05 am ET
Websense Software Continues to Set Standard for Managing Government Worker Web Use


SAN DIEGO--(BUSINESS WIRE)--Oct. 24, 2002-- Government institutions continue turning to Websense Enterprise employee Internet management (EIM) software to manage Web access for U.S. soldiers, civilians and government workers nationwide.
ADVERTISEMENT


The Department of Labor, Department of Energy and Chicago Police Department are among the organizations that recently selected Websense Inc. (Nasdaq:WBSN - News) as their Internet filtering solution of choice. In addition, the U.S. Air Force, Department of Agriculture and Oklahoma Transportation Authority have recently renewed existing contracts with the market-leading EIM software company.

"Websense continues to renew large government contracts because these agencies demand the best product for their high-traffic, demanding network environments," said Bill Goldbach, vice president of North American sales for Websense Inc. "In addition, the factors that led to the original purchase of Websense aren`t going away. Websense Enterprise EIM software offers agencies a means to control bandwidth and storage costs, while improving worker productivity -- ultimately improving the bottom line for taxpayers."

In many cases, government customers renewing Websense Enterprise software are adding additional services or lengthening their subscriptions. For example, Shaw Air Force Base recently renewed its Websense contract to manage the Web access of 16,800 users, increasing its agreement to a three-year subscription. In addition, the organization purchased several of the Premium Group databases.

"Websense has consistently supplied U.S. Air Force bases throughout Southwest Asia with superior employee Internet management," said Rick Henderson, network integrator for the U.S. Central Command Air Force, Network Operations and Security Center -- Deployable. "In addition to providing flexible management features that make my job easier, the company has continued to create product offerings, such as the Premium Groups, that keep government organizations ahead of emerging Internet threats to the workplace."

Public agencies continue to choose Websense Enterprise because of the software`s ability to integrate with a variety of enterprise-level Internet appliances, as well as its robust Master Database comprised of more than 800 million categorized Web pages. In fact, Websense Enterprise software is used in more than 360 government organizations, including the Department of Veteran Affairs, Federal Aviation Administration and the entire U.S. Army.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,800 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the U.K.`s FTSE 100, encompassing more than 13 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Check Point, Cisco, Macrovision, Microsoft, NetScreen, Network Appliance, SonicWALL, Tumbleweed and others. For more information, visit www.websense.com.

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company`s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company`s services, products and fee structures, the success of the company`s brand development efforts, the volatile and competitive nature of the Internet industry, changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Websense`s business, financial condition and results of operations are included under the headings "Risk Factors," "Risks and Uncertainties" or "Factors Affecting our Operating Results" contained in Websense`s public filings with the Securities and Exchange Commission, available at (http://www.sec.gov).



--------------------------------------------------------------------------------
Contact:
Websense Inc., San Diego
Erin Patrick, 858/320-9274
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

More Than 1,500 Mainstream Web Sites Have Recently Become Porn, According to Research From Websense Inc.
Thursday October 31, 8:00 am ET
High Rate of Web Site Domain Name Turnover Creates Legal Risks For Companies


SAN DIEGO--(BUSINESS WIRE)--Oct. 31, 2002-- Today`s information technology site is tomorrow`s pornography site, according to new research from Websense Inc. (Nasdaq: WBSN - News).
ADVERTISEMENT


More than 1,500 Web sites that six months ago were shopping bazaars, news portals and travel-related are now porn sites, reports Websense, the world`s leading provider of employee Internet management (EIM) solutions. In addition, during the same period, more than 3,000 Web sites that featured pornography now offer mainstream content.

"Our research has shown that expired domain names change ownership daily and can often be recreated as porn sites," said Harold Kester, Websense chief technology officer. "It`s critical then for companies to use an EIM product that reviews Web sites frequently to verify categorization of Web sites over time. Finding Web sites is one part of the solution. It`s the frequent maintenance of Web site categorization that produces a superior database."

Domain name expiration problems have been much publicized in recent years. In fact, last month, Private Media Group, a Spanish-based porn producer, made a bid to buy the failed music-trading Web site napster.com domain name for the purpose of transforming it into a porn site. Conversely, last month the University of North Carolina at Chapel Hill won a lawsuit against the operator of UNCGirls.com to transfer ownership back to UNC, bringing an end to the site`s use as a provider of explicit sexual materials. However, despite these examples, many EIM vendors fail to recognize the magnitude of the problem, either not revisiting already-categorized sites or refusing to conduct regular DNS aging on sites as they come on- and off-line.

"Web site domain name changes can create a major legal liability risk for companies if their EIM software fails to pay attention to the constant change of the Web," said Jennifer Kearns, a labor and employment partner at Brobeck, Phleger & Harrison LLP., a global law firm with offices in the United States, London, Oxford and Munich. "For example, companies may allow employees to visit business or entertainment Web sites, only to inadvertently let pornography Web sites enter the workplace -- creating the possibility for sexual harassment or hostile workplace lawsuits."

While innocent sites becoming pornography portals remains a key problem, Web site domain name changes can also create IT management frustration when they change from pornography to mainstream in nature. Employees that need to get to mainstream sites for research or work-related activities are accidentally blocked, leading to an increase in employee complaints and IT help-desk calls.

The Websense Master Database, the cornerstone of the market-leading Websense Enterprise EIM application, is refreshed every seven hours so as to keep up with the rapid change of Web site content. Recently named the top-ranked database in an independent industry study of EIM databases conducted by eTesting Labs, the Websense Master Database has been purged of more than 700,000 dead links to date.

Using proprietary technologies, Websense processes these dead links with a system called Websense Change Tracker, which performs quality control to confirm a site`s context over time. Change Tracker re-fingerprints a Web site and compares it to an original fingerprint of the site. If there is sufficient "difference" between the fingerprints, the site is reviewed by a human Web analyst for database re-classification.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,800 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the UK`s FTSE 100, encompassing more than 13 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Blue Coat Systems, Check Point, Cisco, Macrovision, Microsoft, NetScreen, Network Appliance, SonicWALL, Tumbleweed and others. For more information, visit www.websense.com.



--------------------------------------------------------------------------------
Contact:
Websense Inc.
Carolyn Krytzer, 858/320-9276
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yh…




Web sites morph mainstream-to-porno

By Frank Barnako, CBS.MarketWatch.com
Last Update: 10:43 AM ET Oct. 31, 2002








SAN DIEGO, Calif. (CBS.MW) -- Today`s information technology Web site can be tomorrow`s portal to porno.





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Research from Websense Inc. (WBSN: news, chart, profile) reported Thursday 1,500 Web sites that were shopping bazaars, travel and news sites six months ago are now focused on adult entertainment. "Expired domain names change ownership daily and can often be recreated as porn sites," said Harold Kester, chief technology officer. Websense markets technology to restrict employee use of the Internet. Given the mainstream-to-porno shift that`s possible, Kester said, "It is critical for companies to use (such a product) that reviews Web sites frequently."

Google opens paid inquiry service

Google Answers has launched after a period of testing. Users open an account, paying 50 cents for each question they want answered. They indicate how much more they are willing to pay for a response, and then wait for one of 500 Google Answers researchers to do a Web search and post the results. Google takes 25 percent of the fee; the answer provider gets 75 percent. Anyone can read the results at no cost.

Washington Post personalizes election coverage

Interactive features on Washingtpost.com are providing customized news about the fall`s political campaigns. Election Explorer lets readers look at House, Senate and Governor races state-by-state and by zip code. On election night, Explorer will do localized returns, too. "Each year we seek to use the interactive abilities of the Web to expand our coverage and bring users closer to the action," said Christopher M. Schroeder, CEO and publisher. The site also is featuring a made-for-the-Web series of video documentaries profiling the campaign activities of a Republican incumbent, a political campaign volunteer and a Democratic pollster.

Beliefnet is resurrected

The multifaith religious Web site, Beliefnet.com, has emerged from bankruptcy and reported an operating profit this month. The site is a content provider for America Online (AOL: news, chart, profile) and ABC News (DIS: news, chart, profile). The company`s Web site reports news and information of a religious nature, including comment on mainstream news stories such as the Washington, DC sniper and the nature of a culture of violence within the Nation of Islam.

Beliefnet filed for bankruptcy in April and completed its reorganization this month. A staff of 16 people owns a majority of the company. Beliefnet send more than 170 million e-mail newsletters a month to almost 4 million subscribers.

You can listen to Internet Daily, too. Click to hear today`s segment: Wireless Internet coming to an airport club near you. Call your local CBS station for broadcast times of Internet Daily on the Radio in your city.

You can also receive Internet Daily by e-mail. Click here to start the sign-up process. If you have a problem, e-mail me.

Frank Barnako is managing editor of the CBS.MarketWatch.com Radio Network in Washington.

[4now]

trotz der extrem guten quartalszahlen will scheinbar sich niemand mit dieser aktie beschaeftigen dabei steigt sie und steigt sie,....
(wenn sie nicht gerade gesunde Korrektur macht )

nicht zu vergessen sie ist im Internetindex IIX enthalten und dort einer der wenigen werte ueber 10$

was fuer die aktie spricht : laufend steigende Cashposition derzeit 6$/Aktie
und der Hauptgrund ihres Erfolges liegt aehlich der SAP Software darin
dasz man damit Prima Mitarbeiter ueberwachen kann...und das verkauft sich halt jederzeit.
hier wird halt kontrolliert wie die Mitarbeiter das Internet nutzen bei SAP kann man die Mausklicks in den jeweiligen Anwendungen mitzaehlen lassen,...
ein weiterer Grund ist die wie ich gelesen habe (yahoo finance news)
unuebertroffene Effektivitaet von 65% Konkurrenz bei nur 15%.
der internetseitenfilterung.

naja wen interessieren schon solche aktien ?
sie muessen sich zuerst verdreifachen bis sich die Masse darauf stuerzt,...

[panik]

[panik]

Workplace Web Abuse Costs Corporate America $85 Billion This Year, Reports Websense Inc.
Tuesday November 12, 8:05 am ET
Internet Abuse Continues to Increase, Jumps 35 Percent Year Over Year


SAN DIEGO--(BUSINESS WIRE)--Nov. 12, 2002--Internet misuse at work is costing American corporations more than $85 billion annually in lost productivity, according to employee Internet management (EIM) software company Websense Inc. (Nasdaq:WBSN - News).
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Workplace Internet access has grown dramatically nationwide this year, resulting in more than 70 million U.S. employees accessing the Web at work, according to Dataquest, a division of Gartner Inc. However, as Web use becomes increasingly engaging and interactive, workers are spending more office time surfing the Net for personal reasons.

According to a recent Websense/Harris Interactive survey, employees admitted spending 1.5 hours per week visiting non-work-related Web sites in the office. This time spent "cyberslacking," multiplied by the average U.S. salary, as reported by the U.S. Bureau of Labor Statistics, accounts for the multibillion dollar crisis facing American businesses. In contrast to employees, HR managers report that workers spend 8.3 hours - more than one entire workday - accessing non-work Web sites each week.

"Employee Internet misuse is a critical business issue for corporations. While the Web has long been hailed as a productivity tool, this misuse in some cases offsets the productivity benefits of Internet access," said Andy Meyer, vice president of marketing for Websense Inc.

"Companies need heightened productivity during tough economic times, but instead of focusing on tightened budgets and increased workloads, many employees are trading stocks, shopping and tuning into Internet radio."

The Websense productivity loss figure comes fresh on the heels of new data released by the U.S. Dept. of Labor stating that the number of hours Americans spent working fell at an annual rate of 2.5 percent in the second quarter of 2002. With employees spending fewer hours at the workplace, office time spent cyberslacking may be more detrimental to business output, forcing organizations to take action.

"In light of the productivity drain involved, employers may be tempted to invoke Draconian measures to curb personal surfing - or worse, eliminate worker Web access completely," said Lewis Maltby, president of the National Work Rights Institute. "Companies need to realize, however, that there are software solutions available to manage personal surfing and keep an eye on the bottom line. Once these solutions are implemented, Internet access can be restored as a productivity tool within organizations."

Websense Enterprise EIM software enables companies to effectively and accurately manage employee Internet use. In addition to improving worker productivity, the software conserves network bandwidth resources and reduces legal liability - important business considerations during a recession. Organizations can benefit from Websense Enterprise on a per user, per year basis for less than one hour`s salary of a clerical employee. To calculate how much casual Web surfing at work costs typical companies, please visit http://www.websense.com/products/why/wscalc.cfm.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,800 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the UK`s FTSE 100, encompassing more than 13 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Blue Coat Systems, Check Point, Cisco, Macrovision, Microsoft, NetScreen, Network Appliance, SonicWALL, Tumbleweed and others. For more information, visit www.websense.com.



--------------------------------------------------------------------------------
Contact:
Websense Inc.
Erin Patrick, 858/320-9274
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

Healthcare Industry Finds Websense Software the Perfect Prescription for Internet Misuse at Work
Wednesday November 20, 8:02 am ET
Harvard, St. Judes Medical Center Become Latest Medical Facilities to Select Websense


SAN DIEGO--(BUSINESS WIRE)--Nov. 20, 2002-- Healthcare facilities from coast-to-coast are protecting themselves against Internet misuse in the workplace by deploying employee Internet management (EIM) software from Websense Inc. (Nasdaq:WBSN - News).
Joining a list of more than 150 hospitals, clinics and medical facilities worldwide, new customer additions for Websense in recent months include Harvard University Health Services; Hawaii State Department of Health; Children`s Mercy Hospital, Kansas City; Holy Cross Hospital, Chicago; Miami Children`s Hospital; St. Jude Medical Center, Los Angeles; Sisters of Mercy Health Systems, St. Louis; Maimonides Medical Center, Brooklyn and others.

Like many industries, the healthcare sector is becoming more dependent on the Web in the workplace, as more employees become Internet-enabled every day. In fact, in a recent study by the American Medical Association, nearly 78 percent of all surveyed physicians indicate that they surf the Internet at work and two-thirds responded that they access the Web on a daily basis.

"We needed an effective filtering solution that would scale and handle company-wide Internet access, and Websense Enterprise was the optimal choice for our hospital," said Scott Richert, senior consultant and technology architect for Sisters of Mercy Health System in St. Louis. "We were able to implement Websense Enterprise across our entire organization and customize the management options by user, group, department and network."

Despite the benefits of increased Internet use in the workplace, the $1.2 trillion healthcare industry is also facing increased productivity and legal concerns associated with Web misuse by employees. Driven by shrinking budgets and the need for greater efficiencies, healthcare organizations are turning to software packages such as Websense to prevent inappropriate Web access at work, reduce legal liabilities and increase employee productivity.

"Hospitals and medical facilities can be like cities unto themselves in their network complexities," said Bill Goldbach, vice president of North American sales at Websense. "A hospital EIM solution should be flexible and scalable in order for each department to enforce its own customized Internet access policies. That`s why healthcare facilities select Websense Enterprise software - because of its sophisticated management options, granular database and ease of implementation."

Hospitals chose Websense Enterprise over competitors because of the software`s robust database that consists of 3.9 million Web sites, housing more than 900 million Web pages in more than 80 different categories. Using the database, Websense Enterprise flexibly manages Internet use according to time of day, department, and users and groups by automating a hospital`s written Internet access policy, thus taking the burden off of managers and IT administrators.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,800 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the UK`s FTSE 100, encompassing more than 13 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Blue Coat Systems, Check Point, Cisco, Macrovision, Microsoft, NetScreen, Network Appliance, SonicWALL, Tumbleweed and others. For more information, visit www.websense.com.



--------------------------------------------------------------------------------
Contact:
Websense Inc.
Katy Tanghe, 858/320-9263
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

Websense Launches New Database Category to Combat Spyware
Thursday November 21, 1:04 pm ET
Product Prevents Posting of Company Data Back to Marketer Servers
Spyware Found to Create Security Holes and Severely Drain Corporate Bandwidth


SAN DIEGO--(BUSINESS WIRE)--Nov. 21, 2002-- Businesses battling the proliferation of spyware on employee desktops now have a new weapon at their disposal. Websense Inc. (Nasdaq:WBSN - News) today announced the launch of a new database category that blocks spyware programs from sending potentially sensitive data back to marketer servers. The category, which is included in the Websense Premium Group III (PG III) database, helps IT managers prevent spyware from compromising corporate data security and draining valuable corporate bandwidth.
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Spyware -- such as Gator, BonziBUDDY and others -- works by collecting Web surfing patterns, keystrokes and other information from employee computers, usually for advertising purposes. This information, once gathered, is sent via back-channel Internet connections to Web servers, where it can be used for market research or worse. In some cases, spyware secretly installs itself onto desktops without permission and performs other activities hidden to the user.

"The dirty little secret is that spyware can disclose any data entering or exiting the computers on which it is installed," said Lewis Maltby, privacy expert and president of the National Workrights Institute. "This information can then be used for any purpose, such as research for advertisers, industrial espionage and more. It can even be sold to the highest bidder."

Spyware applications are often bundled as hidden components in freeware and shareware downloaded from the Internet. In addition, popular peer-to-peer programs, such as KaZaa, BearShare, AudioGalaxy and others are frequent carriers of spyware. Unfortunately, many employees are unaware spyware is included in these programs, often automatically downloading it onto their computers or agreeing to install it without reading lengthy legal agreements.

Once installed on corporate desktops, spyware applications not only compromise security by sending potentially confidential or damaging data back to unknown sources, but they also create serious bandwidth drains that can cripple overall network speeds. In fact, in one test lab, only 12 computers infected with spyware sent more than 340 MB of information to spyware servers during one month alone. In severe cases, spyware has been known to cause system slowdowns, illegal operation errors, browser crashes and even system failures.

Websense Premium Group III stops spyware in its tracks by preventing back-channel information from being sent to marketers. Through proprietary processes and the company`s WebCatcher(TM) feature -- by which uncategorized Web sites accessed by customers are sent back to Websense for review -- Websense is able to identify spyware servers and block employees from unknowingly sending data to them via back-channel port 80 connections. Most companies leave port 80 open to handle normal HTTP traffic, allowing spyware to use the same port.

"These servers can`t be found through search engines, run-time filters or traditional methods. Websense is uniquely able to solve this problem because, using WebCatcher, we can gather IP addresses of spyware servers directly from customer data," said Harold Kester, chief technology officer for Websense. "Once we verify the addresses are spyware, we add them to the PG III database so customers can eliminate back-channel spyware traffic on their networks."

Websense customers also benefit from the PG III database by being able to isolate where spyware is appearing within their organizations. IT managers can quickly and easily report on and identify desktops that are infected, and inoculate them before damage can be caused.

The PG III database can be purchased at http://www.websense.com/downloads for Websense Enterprise v4.2, v4.3 and v4.4 users for an additional cost of $5 per user per year. In addition to spyware, PG III includes a category related to Web sites infected with malicious mobile code (MMC), allowing IT managers to proactively block employee access to sites infected with MMC. The database is automatically delivered to customers each day. For more information on spyware, visit http://www.spychecker.com, http://grc.com or www.websense.com/products/about/datasheets/pdfs/PremiumGroupIII.pdf.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,800 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the U.K.`s FTSE 100, encompassing more than 13 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Blue Coat Systems, Check Point, Cisco, Macrovision, Microsoft, NetScreen, Network Appliance, SonicWALL, Tumbleweed and others. For more information, visit www.websense.com.



--------------------------------------------------------------------------------
Contact:
Websense Inc.
Ted Ladd, 858/320-9270
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

Websense Inc. to Support Nokia Security Appliance
Wednesday December 11, 3:01 pm ET
Channel Partners Benefit From Ease-of-Deployment, Management Functionality
Nokia`s Secure Operating System Will Support Full-Featured Websense Enterprise Software


SAN DIEGO--(BUSINESS WIRE)--Dec. 11, 2002-- Websense Inc. (Nasdaq:WBSN - News) today announced that the first product as a result of its recent membership in the Nokia Security Developers Alliance Program is expected to be a Websense-enabled Nokia (NYSE: NOK - News) security appliance, currently scheduled to be released in second quarter 2003.
The appliance, which will include full-featured Websense employee Internet management (EIM) software, has channel partners from both companies predicting broad customer interest. In fact, the new appliance will allow the companies to leverage the commonalty of their extensive channel programs, as Websense and Nokia have thousands of partners worldwide.

Resellers will ultimately benefit from the ability to market and sell a single "Nokia OK"-validated and Websense-enabled product that requires minimal installation and configuration demands. Their customers would receive all the benefits of Websense EIM software - reduced legal liability, increased productivity and security, and reduced bandwidth consumption - combined with the stable and scalable Nokia IP Security Platform, which provides rapid deployment, ease of use and centralized management capabilities.

"Many of our customers are requesting single-box solutions that are pre-tested and configured for minimal maintenance, yet provide maximum performance, reliability and scalability," said Tim Carney of Network Guys, a Websense Premium Partner reseller who also markets and sells Nokia appliances. "A Websense-enabled Nokia appliance would be an excellent option in those cases and fulfills those demands."

Key features of the Websense-Nokia appliance are expected to include:

IPSO Platform - Nokia IP Security Platform combines a hardware operating system specifically built for integration with best-of-breed security software, designed for rapid deployment, ease of use and maximum system reliability.
Ease of deployment - Installation of Websense Enterprise software on the Nokia integrated IP security appliance is straightforward and requires minimal steps. All facets of installation, configuration, deployment and operation are pre-tested and validated by the Nokia and Websense teams. The appliance is rack-mounted and has front-access connectors to facilitate deployment and maintenance.
Enterprise scalability - The joint application is designed to meet the needs of any size network with superior reliability. The pass-through filtering technology of Websense Enterprise only receives those Web requests that need to be examined. This allows high levels of scalability because the filtering software does not have to analyze extraneous network traffic.
Ease of management - Nokia Horizon Manager is a powerful, easy-to-use solution that enables administrators to keep their security appliances up-to-date and manage multiple appliances in logical groups by customer, service or system type. In addition, the Websense Manager interface lets IT managers configure sophisticated filtering policies by user, group, department or network.
Flexible filtering options - Websense software is flexible enough to match virtually any corporate Internet use policy. Websense Enterprise has eight management features, including time-based Quotas, that allow companies to defer non-work-related Web surfing by time of day and continue access to blocked sites if deemed work-related.
High-quality Websense Master Database - Named the top-ranked EIM database by eTesting Labs, the Websense Master Database currently contains 3.9 million Web sites, organized into more than 80 content categories. Using a proprietary feature called WebCatcher, new or not yet classified sites visited by employees from its broad customer base are categorized and sent to Websense for review. Sites are then added to the database for the next day`s download to all customers.
"Websense is an excellent addition to the Nokia Security Developers Alliance Program," said Dave Edwards, senior director, Nokia Internet Communications. "As the leading vendor of EIM software, Websense will provide Nokia customers with a best-of-breed security appliance that scales to any network environment, while providing the highest level of performance."

The Nokia Security Developers Alliance leverages the flexibility of Nokia`s appliance technology, allowing interoperable solutions to operate on- or off-appliance depending on the specific application. This satisfies a wide range of customer use and implementation scenarios and reduces the complexity of competitive solutions that offer multiple applications operating on multiple systems across several locations. For more information on the Alliance, visit http://www.nokia.com/securitysolutions/developers_alliance.h…

About Nokia Internet Communications

Nokia Internet Communications, headquartered in Mountain View, Calif., provides world-class Network Security, Virtual Private Network and Internet Traffic Management solutions that ensure the security and reliability of corporate enterprise and managed service provider networks. Nokia is committed to enhancing the end user experience by bringing a new level of security and reliability to the network, enabling and Internet transaction that is personal and trusted-each and every time.

Nokia Internet security and virtual private network appliances span the spectrum of price/performance points, and secure the widest range of network environments-from the smallest branch office to the largest Internet data center. The expansive product line, backed by world-class global support and services, provides customers the ability to deploy multiple solutions from a single product to secure all elements of a distributed enterprise. Visit http://www.nokia.com/securenetworksolutions for additional information.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,800 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the UK`s FTSE 100, encompassing more than 13 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Blue Coat Systems, Check Point, Cisco, Macrovision, Microsoft, NetScreen, Network Appliance, Nokia, SonicWALL, Tumbleweed and others. For more information, visit http://www.websense.com.

Forward-Looking Statements:

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company`s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company`s services, products and fee structures, the success of the company`s brand development efforts, the volatile and competitive nature of the Internet industry, changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Websense`s business, financial condition and results of operations are included under the headings "Risk Factors," "Risks and Uncertainties" or "Factors Affecting our Operating Results" contained in Websense`s public filings with the Securities and Exchange Commission, available at (http://www.sec.gov).



--------------------------------------------------------------------------------
Contact:
Websense Inc.
Carolyn Krytzer, 858/320-9276
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

Number of Hacking Web Sites Grows 45 Percent, Highlights Increasing Security Risk for Companies, Reports Websense Inc.
Tuesday December 17, 5:00 pm ET
Websense Enterprise Software Can Mitigate Growing Problem for IT Managers


SAN DIEGO--(BUSINESS WIRE)--Dec. 17, 2002-- Hacking tools used by employees within organizations may be the biggest security threat to emerge this year, leading to increased vulnerabilities, lost data, and wasted time and resources, reports Websense Inc. (NASDAQ:WBSN - News).
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Websense, the worldwide leader of employee Internet management (EIM) solutions, reports that the number of hacking Web sites has increased 45 percent in the last 12 months, now totaling approximately 6,000 Web sites, encompassing more than one million pages of content. The dramatic spike may signal an increasing internal security risk for organizations worldwide.

Nearly 90 percent of U.S. businesses and government agencies suffered hacker attacks in the last year, according to Newsbytes, while 80 percent of network security managers claim their biggest security threat comes from their own employees, according to a survey conducted at this year`s Gartner Information Security Conference.

"While employees are a company`s greatest asset, they can also represent its greatest security risk," said Becky Bace, a network security expert and author of Intrusion Detection. "Hacking Web sites offer tools and instruction that allow even non-technically savvy workers to disrupt the normal operation of their own network or other networks outside their organizations -- on company time and using office computing resources."

Most hacking Web sites contain archives of available hacking tools, such as denial of service attack software, sniffer and anti-sniffer software and password crackers. In addition, the sites also offer free downloads of hacker programs -- such as Win Nuke, Boom and NetBus -- that enable employees to be self-taught. Finally, sites often provide step-by-step instructions for beginners on everything from how to gain unauthorized access to computer systems to instruction on how to perform attacks on routing protocols.

The increase in hacking Web sites may have much to do with both political and economic issues of the day. According to research from security firm mi2g Intelligence Unit, the "most hacked" country in the world is the United States, with more than 26,000 attacks occurring so far this year. In addition, the rising unemployment rate -- which recently hit six percent, according to the U.S. Dept. of Labor -- is creating a new pool of disgruntled workers willing to damage their former employers at any cost.

"A company that doesn`t block employee access to the thousands of hacking sites that exist is simply enabling itself to become a target," said Andy Meyer, vice president of marketing for Websense Inc. "New hacking tools are emerging everyday, but they are very hard to find within organizations. The best current solution is stopping the problem at its source."

Today, Websense Enterprise v4.4.1 software helps companies block employee access to hacking Web sites, preventing the download of hacking tool kits, such as malicious executables, in the workplace. This is important because 85 percent of all computer hacking against companies is committed by former employees with knowledge of the company`s computer system, according to insurance broker Near North National Group.

Websense Enterprise v5, currently scheduled to be released in the latter part of Q1 2003 and offered as a free upgrade to all current v4 Websense customers, will offer an optional client application manager (CAM) add-on module that will allow IT managers to prevent the launch of hacking applications on employee desktops. The CAM add-on module is expected to be released with managed availability through Q2 2003.

About Websense Inc.

Websense Inc. is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Ranked the highest quality database in a recent test of EIM products, Websense delivers the most effective and comprehensive solution in the industry.

Founded in 1994, Websense serves more than 17,800 worldwide customers, ranging in size from 100-person firms to global corporations. These include more than half of the Fortune 500, approximately one-third of Japan`s Nikkei 225 and half of the U.K.`s FTSE 100, encompassing more than 13 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Blue Coat Systems, Check Point, Cisco, Macrovision, Microsoft, NetScreen, Network Appliance, Nokia, SonicWALL, Tumbleweed and others. For more information, visit www.websense.com.

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company`s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company`s services, products and fee structures, the success of the company`s brand development efforts, the volatile and competitive nature of the Internet industry, changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Websense`s business, financial condition and results of operations are included under the headings "Risk Factors," "Risks and Uncertainties" or "Factors Affecting our Operating Results" contained in Websense`s public filings with the Securities and Exchange Commission, available at (http://www.sec.gov).



--------------------------------------------------------------------------------
Contact:
Websense Inc., San Diego
Ted Ladd, 858/320-9270
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[Lennistar]

FIRST ALBANY CORP.

Websense "buy" Datum: 14.01.2003


Rating-Update: Die Analysten von First Albany stufen die Aktien von Websense mit "buy" ein. Das Kursziel sehe man bei 30 USD. (WKN 936721)

Gruß Lennistar

[panik]

Websense Reports Record Billings, Revenue and Earnings for the 2002 Fourth Quarter and Year
Thursday January 30, 4:02 pm ET


SAN DIEGO--(BUSINESS WIRE)--Jan. 30, 2003--Websense Inc. (Nasdaq:WBSN - News):
Revenue Rises 54 Percent From Fourth Quarter of 2001 and 70 Percent Year-Over-Year
Billings Increase 40 Percent From Fourth Quarter of 2001 and 49 Percent Year-Over-Year
Deferred Revenue Increases 49 Percent From Year-End 2001 to $64.7 Million
Websense Inc. (Nasdaq:WBSN - News), the world`s leading provider of employee Internet management (EIM) software, today announced record billings, revenue and earnings for the quarter and year ended Dec. 31, 2002.

Revenue for the fourth quarter was $17.4 million, an increase of 54 percent from the $11.3 million reported in the fourth quarter a year ago, and an increase of 9 percent from $16 million in the third quarter of 2002. Billings for the quarter were $26.9 million, up 40 percent from the fourth quarter of 2001 and 27 percent from the third quarter of 2002.

Fourth quarter net income increased to $6.5 million, or 28 cents per diluted share, and included a larger-than-expected tax benefit associated with the recognition of deferred tax assets. The recognition of these assets in the fourth quarter, compared to the company`s earlier expectations, increased net income for the quarter by $1.8 million, or 8 cents per diluted share, for an effective tax benefit of 28 percent of pre-tax income. Had the tax rate been consistent with prior expectations of an expense of 7 percent of pre-tax income, net income would have been approximately $4.7 million or 20 cents per diluted share. This compares with $1.6 million, or 7 cents per diluted share, earned in the fourth quarter last year, and $4 million, or 18 cents per diluted share, reported in the third quarter of 2002.

For the year ended Dec. 31, 2002, net income totaled $16.7 million, or 72 cents per diluted share, and included a larger-than-expected tax benefit associated with the recognition of deferred tax assets in the fourth quarter. The recognition of these assets, compared to the company`s earlier expectations, increased net income for the year by $1.8 million, or 8 cents per diluted share, and resulted in a full-year tax benefit of $797,000 or 5 percent of pre-tax income. When providing earnings guidance, the company had expected to book a full-year tax expense of approximately 7 percent of pre-tax income. Had the effective tax rate been consistent with this expectation, net income for the year would have been approximately $14.8 million, or 64 cents per share. This compares with $3.1 million, or 14 cents per diluted share, earned in 2001.

Revenue for 2002 totaled $61 million, up 70 percent compared with 2001 revenue of $35.9 million. Billings to customers in 2002 were $82.2 million, an increase of 49 percent compared with $55 million in 2001.

"We are pleased to end the year with such outstanding quarterly results," said John B. Carrington, chairman and CEO of Websense. "Our billings and revenue performance reflected strong renewals, continued momentum in the sales of subscriptions to the Premium Group databases and the signing of new clients worldwide. We added more than 300 high-value customers during the quarter, and closed the year with more than 18,100 customers and 13.8 million seats under subscription. As we have for the last 11 quarters, we have continued to strengthen our balance sheet, with increased cash and investments and a record increase in deferred revenue.

"In addition to our financial performance, we achieved many milestones in 2002. There are now more than 4 million Web sites, representing more than 1 billion Web pages, categorized in our Master and Premium Group databases. In October, we outlined our strategic product roadmap, which includes the next generation of our flagship application, Websense Enterprise v5, and several new application modules. We believe these new products create a platform for our future growth, and as we begin 2003, our sales momentum, financial strength and strategic technology partnerships position us to extend our market leadership."

Websense sells subscriptions to its products primarily on a one-, two- or three-year basis, billing the entire amount to the customer up front. The company then recognizes pro-rata portions of the total billings as subscription revenue on a monthly straight-line basis over the life of the subscriptions. Deferred revenue, which represents amounts billed to customers but not yet recognized as revenue, totaled $64.7 million at year-end, an increase of $9.5 million from the third quarter of 2002 and an increase of $21.2 million from 2001.

The company also reported an increase in cash and investments of $12 million during the quarter and $37.4 million for the year, further strengthening a balance sheet that now has more than $140 million in total cash and investments, and no debt.

The company continues to gain leverage in its operating model, and posted an improvement in operating margin in every quarter of 2002. Operating expenses, excluding amortization of stock-based compensation, represented 68 percent of revenue in the fourth quarter of 2002 and 71 percent for the year, compared with 84 percent of revenue in the fourth quarter of 2001 and 91 percent for all of 2001. Although Websense will continue to carefully manage operating expenses, the company intends to continue investing in sales and marketing, and research and development at levels necessary to sustain long-term growth. These investments include both building a strong presence in international markets with high growth opportunities, and continuing to develop the next generation of Websense Enterprise and add-on application modules.

Fourth Quarter Highlights

In the fourth quarter of 2002, Websense continued to solidify its position as the leader in the EIM sector of the Internet security marketplace. Highlights of the quarter included:

New contracts with six Fortune 500 customers, including AIG, AmSouth Bank, ConAgra, John Hancock Financial Services, Murphy Oil and Newell Rubbermaid.
Significant wins in the EMEA and Asia-Pacific regions, including AT&T GNS France, Rabobank International, Credit Lyonnias, and Macau University of Science and Technology, as well as several government and local agencies in Hong Kong and Japan. Revenue from customers outside the United States accounted for 29 percent of total revenue for the quarter.
The introduction of the spyware category as part of the Premium Group III database. This new category helps IT managers prevent spyware applications from sending data outside the organization without approval or knowledge.
The announcement of the company`s strategic technology roadmap for the further expansion of its product line. The roadmap is built upon the new features and capabilities of the company`s flagship product, Websense Enterprise v5, and extends the Websense technology footprint beyond the browser to the desktop and network.
Significant customer renewals worldwide, including Merrill Lynch, Lucent Technologies, NTT DoCoMo, Australian Ministry of Education and American Family Health. On average, renewing customers signed contracts with a total annual revenue value more than 40 percent greater than their original subscription agreements, driven by demand for additional seats and the addition of Premium Group databases.
2002 Highlights

For the year, the company achieved many milestones, including:

An increase in the number of customers by more than 1,600 to approximately 18,100 customers in more than 90 countries. The number of seats under subscription rose to approximately 13.8 million, an increase of 2.6 million seats from the end of 2001.
An increase in the attach rate for the Premium Group databases to more than 20 percent of the total seats under subscription, compared to less than 10 percent at the end of 2001. In July, the company introduced Premium Group III, a first-of-its-kind database that allows IT managers to block access to Web sites containing mobile malicious code.
The growth of the number of Web sites in the Websense Master and Premium Group databases to more than 4 million sites in more than 80 categories, representing more than 1 billion active Web pages in 44 languages. The databases are refreshed every seven hours and, to date, more than 1 million dead links have been eliminated.
The launch of the Premium Partner program, designed to create closer sales and marketing relationships with the company`s largest value-added resellers. Under the program, Premium Partners provide front-line support for Websense products and work closely with Websense executives to create new revenue opportunities.
The launch of several innovative marketing campaigns to raise organizations` awareness of the growing problems associated with Internet use in the workplace, including the highly successful "Why Quality Matters" and Web@Work survey campaigns.
Websense Enterprise, the company`s flagship application, was named the most effective EIM filtering solution by eTesting Labs. Websense Enterprise also received recognition as a winner in the "Internet solutions" category of the Windows & .NET Magazine Readers` Choice Awards.
An increase in the total number of employees from 237 at the end of 2001 to 324 at the end of 2002, as the company added resources in sales, marketing and product development, and invested in the European and Asia-Pacific regions.
The strengthening of the management team with the addition of Michael Newman as vice president, general counsel, and Kate Patterson as vice president, investor relations. Additionally, in early 2003, Curt Staker was promoted from executive vice president, worldwide sales, to president of Websense Inc.
The addition of financial expertise to the Board of Directors with the appointment of Mark St.Clare, a software industry veteran with 34 years of financial management experience.
Deferred Tax Assets

As required by Statement of Financial Accounting Standards No. 109 ("FAS 109"), Websense recognizes tax assets on its balance sheet if it is "more likely than not" they will be realized on future tax returns. Deferred tax assets primarily represent the income tax benefit of net operating losses, tax credits and deferred revenue that the company has incurred since inception. Prior to 2002, and in accordance with FAS 109, Websense had provided a full valuation allowance against its accumulated deferred tax assets, reflecting the uncertainty associated with the company`s future profitability.

Beginning with the first quarter of 2002, and based upon regular review of the company`s historical operating performance and the company`s expectation it would generate sustainable net income for the year 2002, Websense began realizing the benefit from the deferred tax assets and releasing the offsetting valuation allowance. During the first three quarters of 2002, the company realized $5.2 million of its deferred tax assets and decreased the offsetting valuation allowance by the same amount. As a result, the estimated annual effective tax rate for the first three quarters of 2002 was approximately 7 percent and consisted mostly of foreign taxes, compared to a statutory rate of 40 percent.

At the end of the fourth quarter of 2002, it was determined that it was more likely than not that in the future the company will be in a position to fully utilize all of its remaining domestic deferred tax assets. As a result, the full amount of the domestic deferred tax assets was recognized and the remaining offsetting valuation allowance was released. This resulted in a non-recurring tax benefit in the fourth quarter of $4 million and the addition of $15.4 million in deferred tax assets to the balance sheet. This resulted in a net tax benefit of $1.4 million for the fourth quarter and $797,000 for the year. Based on the expectation of continued profitability for the foreseeable future, and the release of the full valuation allowance against domestic deferred tax assets, Websense expects to expense income tax in future periods at a full statutory rate of approximately 40 percent.

"This accounting action has no impact on our operations. It is simply a requirement under FAS 109 for companies that experience a period of losses followed by a period of profitability," said Doug Wride, chief financial officer of Websense. "While the realization of $4 million in deferred tax assets in the fourth quarter was greater than we had anticipated, and resulted in an unexpected tax benefit for the quarter and the year, we have long expected to recognize tax expense at a 40 percent statutory rate in 2003. Our outlook for the 2003 tax rate remains unchanged."

Outlook

Although the threat of military action and unsettled political and economic conditions in many parts of the world continue to cloud the global business outlook, Websense provides guidance on its anticipated financial performance in the coming quarter and year. In doing so, the company emphasizes that its forward-looking statements are based on current expectations and disclaims any obligation to update the statements as conditions change.

The company expects first quarter revenue growth to be in the range of 7 to 8 percent from the fourth quarter of 2002. Based on this revenue, earnings per diluted share are expected to be in the range of 13 to 14 cents, reflecting an increase in the effective tax rate to 40 percent for the quarter. While full-year results are difficult to project with precision, the company expects 2003 revenue to grow more than 35 percent compared to 2002 revenue, and expects to achieve an improvement in its operating margin from 22 percent in 2002 to approximately 25 percent in 2003. The company also expects that 2003 billings will grow more than 40 percent from 2002, compared to billings growth of 49 percent in 2002. Based on these expectations, the company anticipates the deferred revenue balance will approach $100 million at the end of 2003.

"We believe that our growth will be driven by continued expansion of the EIM market and additional gains in market share," said Carrington. "IDC industry analysts expect that the number of employees with access to the Internet at work will increase by 50 percent to 300 million by the end of 2004. We believe our superior technology and expanding array of product offerings will enable us to capture a significant share of this future growth."

Conference Call

Websense is hosting a conference call and Webcast today at 4:30 p.m. EST to discuss fourth quarter and full year financial results. For those who register online at http://investor.websense.com/medialist.cfm, the Webcast can be accessed live, and it will also be available on the company`s Web site through Feb. 6. In addition, a recording of the call will be available for one week by dialing 888/203-1112 (toll-free in the United States) or 719/457-0820 and entering "658132" as the passcode.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Founded in 1994, Websense serves more than 18,100 worldwide customers, ranging in size from 100-person firms to global corporations. These include many of the Fortune 500, the Nikkei 225 and the FTSE 100, encompassing more than 13.8 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Blue Coat Systems, Check Point, Cisco, Macrovision, Microsoft, NetScreen, Network Appliance, Nokia, SonicWALL, Tumbleweed and others. For more information, visit www.websense.com.

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company`s actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company`s services, products and fee structures, the success of the company`s brand development efforts, the volatile and competitive nature of the Internet industry, changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Websense`s business, financial condition and results of operations are included under the headings "Risk Factors," "Risks and Uncertainties" or "Factors Affecting our Operating Results" contained in Websense`s public filings with the Securities and Exchange Commission, available at (http://www.sec.gov).

-0-

Websense, Inc.
Consolidated Statements of Operations
(in thousands, except per share amounts)

Three Months Twelve Months
Ended Ended
----------------- -----------------
Dec. 31, Dec. 31, Dec. 31, Dec. 31,
2002 2001 2002 2001
-------- -------- -------- --------

Revenue $17,375 $11,280 $60,965 $35,893

Cost of revenue 1,095 1,037 4,170 3,602
-------- -------- -------- --------

Gross margin 16,280 10,243 56,795 32,291

Operating expenses:
Selling and marketing 7,356 5,922 26,201 19,707
Research and development 3,016 2,133 10,957 7,642
General and administrative 1,412 1,422 5,960 5,358
Amortization of stock-based
compensation 68 205 448 860
-------- -------- -------- --------
Total operating expenses 11,852 9,682 43,566 33,567
-------- -------- -------- --------
Income (loss) from operations 4,428 561 13,229 (1,276)
Other income, net 645 1,152 2,711 4,500
-------- -------- -------- --------
Income before income taxes 5,073 1,713 15,940 3,224
Provision (benefit) for income
taxes (1,424) 70 (797) 108
-------- -------- -------- --------
Net income $6,497 $1,643 $16,737 $3,116
======== ======== ======== ========

Basic net income per share $0.30 $0.08 $0.79 $0.16
======== ======== ======== ========
Diluted net income per share $0.28 $0.07 $0.72 $0.14
======== ======== ======== ========

Basic common shares 21,582 20,439 21,211 20,082
======== ======== ======== ========
Diluted common shares 23,369 23,241 23,338 22,780
======== ======== ======== ========

Financial Data:
Total deferred revenue $64,679 $43,478 $64,679 $43,478
======== ======== ======== ========


Websense, Inc.
Consolidated Balance Sheets
(in thousands)

December 31, December 31,
2002 2001
------------- --------------
Assets
Current assets:
Cash and cash equivalents $61,713 $23,715
Investments in marketable
securities 78,753 79,393
Accounts receivable, net 19,840 12,001
Accounts receivable from a related
party -- 525
Deferred income taxes 8,731 --
Other current assets 1,184 1,084
------------- --------------
Total current assets 170,221 116,718

Property and equipment, net 2,967 2,710
Deferred income taxes, less current
portion 6,701 --
Deposits and other assets 299 384
------------- --------------
Total assets $180,188 $119,812
============= ==============

Liabilities and stockholders` equity
Current liabilities:
Accounts payable $761 $640
Accrued payroll and related
benefits 3,627 2,750
Other accrued expenses 4,410 2,264
Deferred revenue, current portion 46,964 31,218
------------- --------------
Total current liabilities 55,762 36,872

Deferred revenue, less current portion 17,715 12,260

Stockholders` equity:
Common stock 217 206
Additional paid in capital 107,058 88,639
Deferred compensation (83) (531)
Accumulated deficit (957) (17,694)
Accumulated other comprehensive
income 476 60
------------- --------------
Total stockholders` equity 106,711 70,680
------------- --------------

Total liabilities and stockholders`
equity $180,188 $119,812
============= ==============



--------------------------------------------------------------------------------
Contact:
Websense Inc., San Diego
IR Contact:
Kate Patterson, 858/320-8072
[e-mail]
or
Media Contact:
Ted Ladd, 858/320-9270
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[nete]

National Institutes of Health Signs Two-Year Deal With Websense Inc. To Manage Internet Use For More Than 41,000 Employees Nationwide
Wednesday March 5, 8:04 am ET
Recent Purchase Reinforces Growing Momentum of Government IT and Security Spending


SAN DIEGO--(BUSINESS WIRE)--March 5, 2003-- Driven by the need to efficiently manage corporate computing resources, the National Institutes of Health (NIH) has recently selected software from Websense Inc. (Nasdaq:WBSN - News) to manage Web access for more than 41,000 employees nationwide.
An agency underneath the U.S. Department of Health and Human Services (HHS), the NIH has signed a two-year deal with Websense and will deploy Websense Enterprise employee Internet management (EIM) software at its 20 institutes and seven centers, including the National Institute of Drug Abuse, National Institute of Mental Health, Center for Scientific Review and Center on Minority Health and Health Disparity. Under the agreement, Websense Enterprise will also be utilized at the Center for Disease Control and Indian Health Services. The NIH joins a list of more than 400 government agencies currently using Websense EIM software, including the U.S. Army, Federal Aviation Administration and U.S. Department of Labor.

"We are excited to team with Websense to provide NIH with an enterprise software subscription agreement for Websense Enterprise," said Max Peterson, vice-president of federal sales for CDW-G, a leading provider of technology and services to government and education.

CDW-G is a wholly-owned subsidiary of CDW Computer Centers of Vernon Hills, Ill. "NIH and HHS are increasingly turning to us for these types of agreements because of the value we can offer them. We see this as a model for delivering future enterprise software subscriptions with Websense to other government customers."

Government agencies are poised to increase their network security spending over the next few years. In fact, according to the U.S. Office of Management and Budget, federal spending on computer security could increase to $4.2 billion this year, up 56 percent from $2.7 billion in 2002.

"Even though government IT budgets are swelling, these agencies are still careful to not waste valuable resources, such as bandwidth and productivity, which can be sacrificed when employees spend too much time on the Internet for non-work-related purposes," said Bill Goldbach, Websense vice president of North America sales. "The National Institutes of Health`s recent decision to deploy Websense EIM software further illustrates the emphasis government agencies have placed on deploying additional layers of security."

Government agencies have chosen Websense based on the thoroughness and freshness of the company`s Master Database, which is comprised of 4 million Web sites, encompassing more than 1 billion Web pages. NIH integrates Websense with Cisco`s high-performance Content Engine, which leverages the strength of Websense`s complete EIM application. Also, many agencies select Websense software because it provides an extra layer of protection for their networks by blocking security-risk sites, preventing the download of Web-based malicious mobile code and stopping spyware in its tracks.

About Websense Inc.

Websense Inc. is the worldwide leader of employee Internet management (EIM) solutions. Websense Enterprise software enables businesses to manage how their employees use the Internet, improving productivity, conserving network bandwidth and storage costs, and mitigating legal liability. Founded in 1994, Websense serves more than 18,100 worldwide customers, ranging in size from 100-person firms to global corporations. These include many of the Fortune 500, Nikkei 225 and FTSE 100, encompassing more than 13 million customer seats, pre-paid on a subscription basis. Websense has strategic technology relationships with Blue Coat Systems, Check Point, Cisco, Macrovision, Microsoft, NetScreen, Network Appliance, Nokia, SonicWALL, Tumbleweed and others. For more information, visit www.websense.com.



--------------------------------------------------------------------------------
Contact:
Websense Inc., San Diego
Katy Tanghe, 858/320-9263
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[nete]

Reuters
UPDATE - U.S. high court considers Web porn filter
Wednesday March 5, 2:16 pm ET
By Andy Sullivan


(New throughout with arguments from case)
WASHINGTON, March 5 (Reuters) - The U.S. Supreme Court questioned on Wednesday whether a law requiring public libraries to filter out Internet pornography restricted free speech or simply extended the editorial control librarians have always exercised.

ADVERTISEMENT


Just as librarians decide which books to stock on their shelves, they should filter out sexually explicit content deemed harmful to minors, argued a government lawyer in defense of a law that was struck down by a lower court last year.

But librarians should be able to decide whether filtering is appropriate, rather than having that decision forced on them by Congress, countered a lawyer representing a library group that challenged the law.

"The federal government has no business using its spending power to ... push librarians away from their professional judgment," said Paul Smith, who argued the case for the American Library Association.

Justices asked whether libraries should be forced to rely on a clumsy technology that sometimes blocked information on sex education and other legitimate subjects, but also noted that adult patrons could ask to have the filters removed.

"What is the great burden on speech?" Justice Stephen Breyer asked. "I grew up in a world where they kept certain materials in a separate place in the library and you had to go and ask for them."

"You still have the problem of going up to the librarian and saying, `Please turn off the smut filter,`" Smith replied.

At issue is the Children`s Internet Protection Act, which requires libraries that receive federal technology subsidies to use content filters such as Websense Inc. (NasdaqNM:WBSN - News) and N2H2 Inc. (OTC BB:NTWO.OB - News) to screen out obscenity, child pornography, and sexually explicit material deemed harmful to minors.

The subsidies, which have totaled nearly $1 billion since 1999, can make up 90 percent of a library`s technology budget.

Unlike previous congressional attempts to limit online pornography, CIPA does not restrict the First Amendment right to free speech because libraries that do not wish to use the filters can opt not to accept federal money, argued Solicitor General Theodore Olson. Patrons can also chose other places to go online, he said.

"The First Amendment does not require libraries to sponsor the viewing of pornography," Olson said, pointing out that few libraries opt to include pornographic movies or magazines in their collections.

Smith said that analogy did not work because while librarians buy books one at a time, a single phone line makes available all of the content on the Internet, including commercial sites, personal sites and other material that would not typically show up on a library`s shelves. For that reason, an Internet connection is more akin to a public park or sidewalk, where few restrictions on speech apply.

"The library as a whole is not a public forum, as material is selected, but the Internet is," he said. "It is the most pure form of public forum you can imagine."

But librarians commonly block many Internet functions, such as chat rooms and e-mail, Justice Antonin Scalia said, leading him to wonder if they were public forums after all.

[nete]

Gute News


Websense wird in den S&P SmallCap 600 Index aufgenommen!
http://biz.yahoo.com/prnews/030310/nym162b_1.html

[nete]

Desktop or Online -- Employee Game Use is Growing Problem On Corporate Computers, Warns Websense Inc.
Wednesday March 26, 8:08 am ET
Nearly One in Three Workers Have Games Installed on Work PCs, According to Survey


SAN DIEGO--(BUSINESS WIRE)--March 26, 2003-- Battling dragons. Simulated civilizations. Intergalactic wars. It`s all in a day`s work for many employees and is becoming a growing concern for businesses and organizations.
ADVERTISEMENT


More than ever before, office workers are evolving beyond Solitaire, turning to games such as Quake, EverQuest and Snood during work hours. In fact, more than half of corporate IT managers report that employees access online game sites at work, according to recent data from Websense Inc. (Nasdaq:WBSN - News), the worldwide leader of employee Internet management solutions. And nearly one in three employees report having installed games on their work computers. In fact, 55 percent of HR managers expressed concern about workers using game applications at the office.

"The online gaming explosion first hit the workplace because of prevalent broadband Internet access," said Andrew Meyer, vice president of marketing for Websense Inc. "But employees are now bringing in unauthorized games on CDs or downloading free games via peer-to-peer networks, some of which have embedded malicious mobile code. Most workers are unaware of the security problems and unnecessary help desk hours that accompany workplace computer games."

The popularity of online and PC games shows no signs of slowing. Datamonitor predicts that worldwide game software revenues will grow from $17.7 billion in 2001 to $21.6 billion in 2006 -- a 22 percent increase. In addition, the overall games audience is expected to grow 18 percent with 61 percent penetration in 2007, but PC gamers will outnumber console gamers, according to Jupiter Research. Websense data shows that there are nearly 1,400 computer game applications worldwide, and more than 10 million game-related Web pages on the Internet.

To help companies manage workplace game playing beyond employee access to Web sites, Websense launched a first-of-its-kind employee Internet management (EIM) platform that manages employee computing at the gateway, network and desktop levels. The product, Websense Enterprise v5, enables companies to manage employee access to game Web sites, peer-to-peer protocols that are used to download gaming packages and desktop game applications.

"As PC games become more entertaining and interactive, they require increasing quantities of broadband Web access and employee mind share," said Meyer. "Websense Enterprise v5 is the only product that will manage employee access to online games, games downloaded using P2P and games installed via CD. EIM products without functionality at the Internet gateway, network and desktop levels are simply incomplete."

For more information about Websense Enterprise v5, as well as to view a new IDC white paper about emerging challenges beyond the browser, visit http://www.websense.com/products/newreleases/v5/.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the world`s leading provider of employee Internet management solutions. Websense Enterprise software enables organizations to manage how employees use their computing resources, including Internet access, desktop applications and network bandwidth. This helps improve productivity and security, conserve network resources, and mitigate legal liability. Websense serves more than 18,100 customers worldwide, including many of the world`s largest corporations. For more information, visit www.websense.com.

This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at http://www.sec.gov. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.



--------------------------------------------------------------------------------
Contact:
Websense Inc., San Diego
Erin Patrick, 858/320-9274
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[nete]

Websense Announces Preliminary First Quarter 2003 Results
Thursday April 3, 4:10 pm ET


SAN DIEGO--(BUSINESS WIRE)--April 3, 2003--Websense Inc. (Nasdaq:WBSN - News), the world`s leading provider of employee Internet management (EIM) software, today announced preliminary results for the first quarter ended March 31, 2003.
ADVERTISEMENT


Final results will be released after the market close on April 22, 2003.

Revenue for the quarter is expected to be between $18.4 million and $18.5 million, an increase of approximately 40 percent from the first quarter of 2002. Net income is expected to be in the range of $3.4 to $3.6 million, or between $0.15 and $0.16 per diluted share, and will reflect an effective tax rate of 40 percent.

The company expects billings, which represent the amount of subscription contracts booked and invoiced to customers during the quarter, to be approximately $18.7 million.

"While we believe that fundamental demand for our products remains strong, the threat and outbreak of hostilities in the Middle East, as well as continued economic recession in many parts of the world, adversely impacted our billings performance in the quarter," said John Carrington, Websense chairman and chief executive officer.

Billings are initially recorded to deferred revenue on the balance sheet, and are then recognized as revenue on the income statement ratably over the length of the contract. The difference between billings and subscription revenue in any given reporting period is reflected as the change in the deferred revenue balance when compared to the end of the prior period. For the first quarter of 2003, total deferred revenue is expected to be approximately $65 million, which reflects an increase of between $200,000 and $300,000 when compared to the fourth quarter of 2002.

"Even with the current unsettled geo-political situation, the predictable nature of our subscription model resulted in continued strong revenue growth and excellent expense management for the quarter, and we expect to post record operating margin. We also continued to strengthen our balance sheet with anticipated cash and investments of more than $150 million, deferred revenue of approximately $65 million and no debt," added Carrington.

Share Repurchase Program

In a separate release, the company also announced that its Board of Directors has authorized the repurchase of up to 2 million shares of the company`s common stock. The repurchases will be made from time to time on the open market at prevailing market prices, or in privately negotiated transactions.

Conference Call Information

Management will host a conference call and Webcast to discuss this announcement today at 1:30 p.m. Pacific Time. To participate in the conference call, investors may dial 800/289-0496 at least 10 minutes prior to the scheduled start of the call, or listen to a live broadcast over the Internet at http://www.websense.com/investors. An archive of the Web cast will be available on the company`s Web site through April 21, 2003, and an audio-only replay of the call will be available for one week afterward at 888/203-1112 or 719/457-0820, passcode 484288. Websense plans to announce its final first quarter financial results on April 22, 2003, at which time additional commentary will be provided.

Non-GAAP Financial Measures

This press release includes financial measures for billings that are not numerical measures that can be calculated in accordance with generally accepted accounting principles (GAAP). Websense has provided this measurement in press releases reporting financial performance, presently and in the past, because this measurement provides a consistent basis for understanding the company`s sales activities in the current period. The company believes the billings measurement is useful to investors because the GAAP measurements of revenue and deferred revenue in the current period include subscription contracts commenced in prior periods.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the world`s leading provider of employee Internet management solutions. Websense Enterprise software enables organizations to manage how employees use their computing resources, including Internet access, desktop applications and network bandwidth. This helps improve productivity and security, conserve network resources, and mitigate legal liability. Websense serves more than 18,100 customers worldwide, including many of the world`s largest corporations. For more information, visit www.websense.com.

This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at (http://www.sec.gov). Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.



--------------------------------------------------------------------------------
Contact:
Websense Inc., San Diego
IR Contact:
Kate Patterson, 858/320-8072
[e-mail]
or
Media Contact:
Erin Patrick, 858/320-9274
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.




----------------------------------------------------------







Websense Announces Stock Repurchase Program
Thursday April 3, 4:10 pm ET


SAN DIEGO--(BUSINESS WIRE)--April 3, 2003--Websense Inc. (NASDAQ:WBSN - News), the world`s leading provider of employee Internet management (EIM) software, today announced that its board of directors has authorized a stock repurchase program of up to two million shares of its common stock.
As of March 31, 2003, Websense had approximately 21 million shares issued and outstanding, and more than $150 million in cash and investments.

"Our strong financial performance and modest capital requirements allows us to generate substantial amounts of free cash flow each quarter," said John Carrington, Websense chairman and chief executive officer. "Given the current valuation for our stock, we believe that a share repurchase represents an additional avenue for building shareholder value. With our large cash position, we can implement this buyback program while still maintaining sufficient resources to invest in our growth initiatives."

The repurchases will be made from time to time on the open market at prevailing market prices or in privately negotiated transactions. Depending on market conditions and other factors, purchases under this program may be commenced or suspended at any time, or from time to time, without prior notice.

About Websense Inc.

Websense Inc. is the world`s leading provider of employee Internet management solutions. Websense Enterprise software enables organizations to manage how employees use their computing resources, including Internet access, desktop applications and network bandwidth. This helps improve productivity and security, conserve network resources, and mitigate legal liability. Websense serves more than 18,100 customers worldwide, including many of the world`s largest corporations. For more information, visit www.websense.com.

This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at http://www.sec.gov. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.



--------------------------------------------------------------------------------
Contact:
Websense Inc., San Diego
Kate Patterson (IR), 858/320-8072
[e-mail]
or
Erin Patrick (media), 858/320-9274
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

The U.S. Army 5th Signal Command Picks Websense Enterprise Software to Manage Internet Use for Its 20,000 Soldiers and Employees
Wednesday April 16, 6:00 am ET
With All Four Branches, Websense Satisfies the Military`s Need for EIM Solutions


SAN DIEGO--(BUSINESS WIRE)--April 16, 2003-- Building upon its reputation in the government and military sector as the leading provider of employee Internet management (EIM) solutions, Websense Inc. (NASDAQ:WBSN - News) today announced that the U.S. Army 5th Signal Command, based in Mannheim, Germany, has chosen Websense Enterprise to manage Internet use of its 20,000 soldiers and civilian employees.
In an agreement signed by Websense reseller Northrop Grumman Information Technology, a leading provider of advanced IT solutions for government and commercial clients, the U.S. Army 5th Signal Command joins an impressive list of military organizations currently using Websense Enterprise, including divisions of the U.S. Marine Corps, U.S. Army, U.S. Air Force, U.S. Navy, National Guard and Department of Defense. Public agencies continue to choose Websense Enterprise because of the software`s ability to integrate with a variety of enterprise-level Internet appliances, as well as its robust Master Database comprised of more than one billion Web pages.

Opting for an extra layer of security, while also needing to limit bandwidth degradation, the U.S. Army 5th Signal Command has also subscribed to Websense Enterprise`s three Premium Group categories. These categories allow customers to eliminate online ads, carefully manage streaming media Web sites and block access to sites infected with malicious mobile code (MMC) or those that harbor spyware. In fact, according to recent data from Websense, nearly half (48.6 percent) of MMC is embedded on Web sites that many companies would normally allow employees to access freely.

"Because they ultimately answer to taxpayers, military and government organizations can`t afford to be apathetic when it comes to choosing an effective, yet economical, EIM software solution," said Bill Goldbach, vice president of North American sales at Websense. "Time and again, we are seeing Websense Enterprise as the de facto filtering solution for many military and government organizations, due largely because the software offers agencies a means to control bandwidth given their high-traffic, demanding network environments."

About Websense Inc.

Websense Inc. is the world`s leading provider of employee Internet management solutions. Websense Enterprise software enables organizations to manage how employees use their computing resources, including Internet access, desktop applications and network bandwidth. This helps improve productivity and security, conserve network resources, and mitigate legal liability. Websense serves more than 18,100 customers worldwide, including many of the world`s largest corporations. For more information, visit www.websense.com.



--------------------------------------------------------------------------------
Contact:
Websense Inc., San Diego
Erin Patrick, 858/320-9274
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[nete]

Lists
Table: The 25 Fastest-Growing Tech Companies
04.07.03, 12:00 PM ET


The 25 Fastest-Growing Tech Companies Ranked By Five-Year Growth

Rank Company Industry Price 52-Week
Change Latest
12-Month Sales
($mil) 2003
Estimated
P/E 5-Year
Sales Growth* 1-Year
Growth**
1 WebEx Communications computer software/hardware $10.88 -31% $140 22 186% 72%
2 j2 Global Communications computer software/hardware 30.00 245 48 12 126 45
3 Lexar Media electronic equipment 3.60 31 174 10 125 136
4 Silicon Laboratories computer software/hardware 26.80 -18 182 30 110 146
5 Packeteer computer software/hardware 9.99 40 55 29 103 18
6 Cephalon biotech/medical equipment 41.66 -37 507 29 102 93
7 eBay business services 89.55 57 1,214 67 99 62
8 Biolase Technology biotech/medical equipment 8.26 47 29 27 86 62
9 UTStarcom telecom equipment 20.00 -20 982 14 71 57
10 Possis Medical biotech/medical equipment 16.49 -14 50 40 71 37
11 Websense computer software/hardware 14.89 -41 61 22 68 70
12 Symyx Technologies research services 14.99 -29 65 51 66 8
13 Integra LifeSciences biotech/medical equipment 22.98 -16 118 26 62 26
14 Internet Security Systems computer software/hardware 10.56 -56 243 16 58 9
15 Cognizant Technology Solutions computer software/hardware 66.92 63 229 31 53 29
16 IDEC Pharmaceuticals biotech/medical equipment 35.31 -48 404 26 52 48
17 ArthroCare biotech/medical equipment 12.44 -29 89 39 45 13
18 Engineered Support System defense & aerospace 39.57 33 438 19 42 18
19 Mercury Interactive computer software/hardware 32.04 -13 400 36 41 11
20 Emulex computer software/hardware 19.96 -37 287 20 40 23
21 Edo defense & aerospace 18.33 -30 329 16 40 27
22 Forest Laboratories biotech/medical equipment 55.03 36 2,022 24 39 39
23 L-3 Communications defense & aerospace 41.87 -27 4,011 15 39 71
24 SanDisk electronic equipment 17.57 -11 541 22 38 48
25 ResMed biotech/medical equipment 31.74 -21 233 19 33 26

Prices as of March 28. *Annualized. **Latest 12 months. Sources: FT Interactive Data, Multex and Thomson First Call via FactSet Research Systems.

[nete]

Pride: The First Of Seven Deadly Sins to Avoid Could Welcome Unwanted Viruses, Malicious Mobile Code Into Corporate Networks, Warns Websense
Monday April 21, 8:07 am ET
Neglecting To Stop Web-Borne Code At The Source Could Prove Sinful For IT Managers


SAN DIEGO--(BUSINESS WIRE)--April 21, 2003-- Pride shouldn`t prevent IT managers from proactively managing employee access to Web content that could be infected with viruses, malicious mobile code (MMC) and spyware, cautions Websense Inc. (NASDAQ: WBSN - News).
ADVERTISEMENT


While many IT professionals rely on firewalls and traditional anti-virus (AV) software to keep corporate networks secure, companies can benefit from adopting an additional layer of network security.

With 51 percent of IT managers concerned about MMC infecting their networks, Web-borne code is a growing problem in corporations. MMC not only infects gambling and pornography sites, but mainstream Web content that might appear harmless to employees and IT managers. In fact, 45 percent of IT managers report that viruses have infected their company`s network, according to new research from Websense.

Companies often depend solely on AV software to prevent malicious bugs from spreading. But according to a recent survey conducted by the Computer Security Institute (CSI) and the FBI in which 90 percent of respondents used AV software, 85 percent were infected with viruses or worms. To combat Internet-related security risks that aren`t protected by anti-virus solutions alone, Websense created an additional layer of protection for corporate networks. Websense Enterprise Premium Group III enables companies to manage access to Web sites infected with malicious mobile code before the bug has an opportunity to enter the network.

In addition, Websense Explorer(TM), an interactive reporting tool that will be introduced at Networld + Interop, enables IT managers to click through employee Internet use information, analyze Internet use trends and customize reports in real-time. The Explorer product will allow companies to identify security risks and determine if employees are unknowingly accessing Web content that could unleash malicious code or viruses across corporate networks.

For more information about other deadly sins that impact corporations and how Websense Enterprise® and Websense Explorer protect companies from Internet-related security risks, please visit booth #4559 at Networld + Interop in Las Vegas, Apr. 29 - May 1, 2003

About Websense Inc.

Websense Inc. (Nasdaq: WBSN - News) is the world`s leading provider of employee Internet management solutions. Websense Enterprise software enables organizations to manage how employees use their computing resources, including Internet access, desktop applications and network bandwidth. This helps improve productivity and security, conserve network resources, and mitigate legal liability. Websense serves more than 18,100 customers worldwide, including many of the world`s largest corporations. For more information, visit www.websense.com.

This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at http://www.sec.gov. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.



--------------------------------------------------------------------------------
Contact:
Websense Inc.
Katy Tanghe, 858/320-9263
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.
-----------------------------------------------------------













Websense Inc. Delivers Advanced EIM Benefits To Small and Medium Businesses, Includes Instant Messaging and Peer-to-Peer Management
Monday April 21, 8:32 am ET
Websense Enterprise For Small and Medium Businesses Offers Easy, Stand-Alone Deployment


SAN DIEGO--(BUSINESS WIRE)--April 21, 2003-- Bringing the benefits of enterprise-class employee Internet management (EIM) solutions to smaller companies, Websense Inc. (NASDAQ:WBSN - News) today announces the launch of Websense Enterprise for Small and Medium Businesses (SMB).
ADVERTISEMENT


Targeted at organizations with 1,000 or fewer employees, Websense Enterprise for SMB(TM) provides all of the benefits of the recently released Websense Enterprise v5, while operating on a single server without a firewall, cache, or proxy device. Small and medium-sized companies can now manage computing environments at the server, network and desktop-levels and benefit from the advanced EIM features previously reserved for larger enterprises.

"Demand from our customers for a solution to address growing security, legal and productivity threats, prompted Websense to offer Websense for SMB -- a stand-alone product with the same advanced EIM features of Websense Enterprise v5," said Curt Staker, president of Websense Inc. "Companies of any size now have the ability to manage the growing threat that hacking tools, instant messaging, off-site Internet storage sites and others are now causing."

"Gartner Inc., an IT analyst firm, defines the SMB market as organizations with 1,000 or fewer employees. More than half of all Internet-enabled employees worldwide fall under this SMB definition, according to Websense estimates," said Andy Meyer, vice president of marketing, Websense. "Companies in the SMB market have the same need to manage the emerging Internet-based threats as larger companies, but until now these companies have been under-served by the solutions available. The introduction of Websense Enterprise for SMB creates a tremendous opportunity for our value-added resellers to deliver a much-needed solution to this market segment."

"We`re excited that companies of all sizes can now manage the universal Internet use problems of legal liability, productivity, and security threats, including instant messaging, peer-to-peer file sharing, streaming media and spyware," said Tim Carney, founder and president of The Network Guys, a Fremont, Calif.-based network security firm and Websense channel partner. "Websense Enterprise is the only software on the market that allows large and small companies to manage their employees` use of the Web at the server, network and client levels."

Websense Enterprise for SMB provides the entire feature set of the recently-released Websense Enterprise v5 software and leverages the high-performance packet capture technology of the Network Agent. This is an ideal product for a small or medium-sized business because it does not require the technical resources to integrate with firewalls, or other infrastructure equipment. Enhanced Web filtering features include:

Dynamic protocol management: allows IT administrators to manage employee access to network protocols -- updated daily via automatic database downloads -- such as instant messaging, peer-to-peer file-sharing, streaming media and those that tunnel over port 80. For example:
Instant messaging (IM) management: restricts specific users or groups and standardizes IM within a company by blocking employee access to all network-based IM protocols except the one designated by corporate management.
Peer-to-peer management: enables companies to block network-level protocols to protect against the security and legal liability risks they carry.
Nine flexible management options: enable a company to enforce a customized Internet access policy by user or group. Options include permit, deny, time of day, yes lists, time-based quotas, continue, defer, password override and bandwidth. For example, using the time-based quotas feature, a company can allocate 30 minutes of personal surfing time daily for each employee to use as necessary.
WebCatcher(TM): ensures that new or not yet classified Web sites visited by employees are categorized and added to the next download of the Master Database. Essentially, WebCatcher enables customization of Websense Enterprise to the surfing patterns of Websense customers, providing an extra layer of security protection.
Comprehensive foreign language support: provides translated report templates, block pages, and Web page category names in Simplified and Traditional Chinese, Dutch, French, Japanese, Korean, and Spanish.
Trend and risk reporting: allows companies to monitor Internet traffic trends and highlight specific risks, such as security, related to employee Web surfing.
Reporting tools include:

Websense Reporter(TM): provides more than 80 high-level reports of Internet traffic trends in order to analyze the effectiveness of an Internet use policy, including protocol and file-type use reports.
Real-Time Analyzer: gives IT managers an immediate graphical snapshot of network traffic, including protocols, bandwidth and Web sites visited.
Websense Explorer(TM): an upcoming Web-based, interactive reporting tool that enables corporate managers to click through employee Internet use to run instant statistical analysis to identify employees with the widest variance of Web usage within a company.
Bandwidth Optimizer(TM), an add-on module sold at an additional per-employee subscription price, improves overall network performance by reducing the use of non-work-related, high-bandwidth media based on real-time network conditions.

Client Application Manager(TM) (CAM(TM)), also an add-on module sold at an additional per-employee subscription price, proactively manages desktop software using a unique software categorization and user policy management tool. From high-risk applications, such as hacking tools, to security threats, such as IM and spyware, CAM controls the launch of applications based on management specifications.

Websense Enterprise v5 for SMB will be available for a 30-day free evaluation download on May 1 at http://www.websense.com/downloads. The new Websense Enterprise for SMB product will be sold according to the same terms and conditions as the Websense Enterprise flagship software. One-, two- or three-year subscriptions are available and Premium Groups I, II and II, Bandwidth Optimizer and CAM will be sold at an additional cost. In addition to the security and legal liability protection Websense Enterprise for SMB offers a company, the return on investment is typically measured in weeks due to increased employee productivity and savings on information technology resources.

About Websense Inc.

Websense Inc. is the world`s leading provider of employee Internet management solutions. Websense Enterprise software enables organizations to manage how employees use their computing resources, including Internet access, desktop applications and network bandwidth. This helps improve productivity and security, conserve network resources, and mitigate legal liability. Websense serves more than 18,100 customers worldwide, including many of the world`s largest corporations. For more information, visit www.websense.com.

This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at http://www.sec.gov. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.



--------------------------------------------------------------------------------
Contact:
Websense Inc., San Diego
Carolyn Krytzer, 858/320-9276
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

Websense Confirms Financial Results for First Quarter 2003
Tuesday April 22, 4:08 pm ET
Revenue Rises 42 Percent From First Quarter 2002 to $18.5 Million


SAN DIEGO--(BUSINESS WIRE)--April 22, 2003--Websense Inc. (NASDAQ:WBSN - News), the world`s leading provider of employee Internet management (EIM) software, today announced final results for the first quarter ended March 31, 2003.
ADVERTISEMENT


Revenue for the first quarter was a record $18.5 million, an increase of 42 percent from the $13.0 million reported in the first quarter a year ago. First quarter net income was $3.9 million, or 17 cents per diluted share, compared to net income in the first quarter of 2002 of $2.7 million, or 11 cents per diluted share. First quarter 2003 results reflected an effective tax rate of 40 percent, compared to an effective tax rate of approximately three percent in the first quarter of 2002.

"Our results this quarter reflect the strength and predictability of our subscription-based business model," said John Carrington, chairman and CEO of Websense. "Although our billings were adversely impacted by worldwide economic and geo-political factors, we posted record revenue, strong earnings and significant positive cash flow for the quarter."

"Even more importantly, we continued to improve our competitive position with the launch of Websense Enterprise v5, Client Application Manager, Bandwidth Optimizer, and Websense Enterprise SMB (small and medium businesses), as well as the upcoming introduction of Websense Explorer. These new products leverage our core technologies to deliver solutions that address the emerging security and productivity problems posed by new Internet and desktop-based applications," Carrington added. "Instant messaging, peer-to-peer networks, spyware and hacking tools create additional management challenges for IT administrators. Our research indicates that IT administrators want to extend their control from the server to the desktop and onto the network, and Websense is the only EIM vendor delivering this capability in a cost-effective subscription-based solution. As customers become educated about the benefits of these new solutions, we believe they will serve as a catalyst for additional growth."

Websense sells subscriptions to its products primarily on a one-, two- or three-year basis, billing the entire amount to the customer up-front. The company then recognizes pro-rata portions of the total billings as subscription revenue on a monthly straight-line basis over the life of the subscriptions. Total billings in the first quarter were $18.7 million, compared with $15.8 million in the first quarter of 2002.

Deferred revenue -- which represents amounts billed to customers but not yet recognized as subscription revenue -- was $64.9 million at the end of the first quarter, and increased by approximately $184,000 from the fourth quarter of 2002. The increase in deferred revenue reflects the amount that total billings during the quarter exceeded total subscription revenue recognized in the quarter. Deferred revenue has increased every quarter since the company`s initial public offering in March 2000.

Operating margin was a record 31 percent for the quarter, reflecting both revenue growth and tight financial controls in the uncertain economic environment. Operating expenses were 62 percent of revenue, compared with 77 percent in the first quarter of 2002. While the company`s investment in research and development remained above 17 percent of revenue in both quarters, the sales and marketing and general and administrative expense categories declined significantly as a percentage of revenue in the first quarter of 2003.

Strong positive operating cash flow resulted in an increase in cash and investments by $10.8 million during the quarter, further strengthening a balance sheet that now has more than $151 million in total cash and investments and no debt.

As previously announced, the company`s board of directors has authorized the repurchase of up to 2 million shares of the company`s common stock. The share repurchases will be made from time to time on the open market at prevailing market prices, or in privately negotiated transactions, and no specific timeframe for purchase has been mandated.

Business Highlights

Business highlights since the end of 2002 included:

The company delivered on its product roadmap with the launch of Websense Enterprise v5, Client Application Manager and Bandwidth Optimizer. More than 5,000 customers downloaded the new Websense Enterprise v5 platform in the first two weeks of availability.
Websense increased the number of customers to approximately 18,500 worldwide. The number of customer seats remained relatively unchanged at approximately 13.8 million.
The company added important domestic and international customers to its roster of clients, including the United States Army 5th Signal Command, the U.S. Department of Justice, T-Mobile, Telecom Italia, Chicago Transit Authority, Levi Strauss & Co, and Vodaphone Netherlands.
Renewals remained strong, and significant renewing or upgrading customers included British Petroleum, Kimberly Clark Corp., Petrobras, Banco de Venezuela, Aurora Healthcare, Burlington Northern Santa Fe Railroad, and the Los Angeles Unified School District.
The Websense Master Database grew to 4.3 million sites consisting of more than one billion Web pages in 49 languages. The database is refreshed daily and, to date, more than 1,000,000 dead links have been removed.
Websense continued to expand the number of platform integrations available to customers with a new agreement to install the Websense Master Database directly on Blue Coat Systems` security appliance. Websense now has 28 platform integrations.
The company announced that it is leveraging the new high-performance network agent technology in Websense Enterprise v5 to create Websense Enterprise SMB, a platform-independent version of Websense Enterprise targeted at small and medium-sized businesses. Gartner Inc., a technology industry research firm, defines this market as "under 1,000 employees," which is the business segment targeted by many of the 1,100 value-added resellers that sell Websense.
Second Quarter Outlook

Although unsettled political and economic conditions in many parts of the world continue to cloud the global business outlook, Websense provides guidance on its anticipated financial performance in the coming quarter. Given the many uncertainties in the outlook for the global economy, at this time the company is not providing guidance for the calendar year, and investors should not assume that prior 2003 guidance remains valid. In providing quarterly guidance, the company emphasizes that its forward-looking statements are based on current expectations and disclaims any obligation to update the statements as conditions change.

The company expects year-over-year revenue growth in the second quarter of 2003 to be in the range of 31 to 33 percent. Earnings per share are expected to be in the range of 16 to 17 cents and will reflect a 40 percent effective tax rate.

Conference Call

Websense is hosting a conference call and simultaneous Webcast today at 4:30 p.m. (EDT) to discuss these results. To participate in the call, investors should dial 800/406-5356 (domestic) or 913/981-5572 (international) 10 minutes prior to the scheduled start of the call. The Webcast may be accessed via the Internet at www.websense.com/investors. An audio archive of the Webcast will be available on the company`s Web site through June 30 and a taped replay of the call will be available for one week at 888/203-1112 or 719/457-0820, passcode 433143.

Non-GAAP Financial Measures

This press release includes financial measures for billings that are not numerical measures that can be calculated in accordance with generally accepted accounting principles (GAAP). Websense has provided this measurement in press releases reporting financial performance, presently and in the past, because this measurement provides a consistent basis for understanding the company`s sales activities in the current period. The company believes the billings measurement is useful to investors because the GAAP measurements of revenue and deferred revenue in the current period include subscription contracts commenced in prior periods. A reconciliation of billings and deferred revenue for the first quarter of 2003 is set forth at the end of this press release.

About Websense Inc.

Websense Inc. is the world`s leading provider of employee Internet management solutions. Websense Enterprise software enables organizations to manage how employees use their computing resources, including Internet access, desktop applications and network bandwidth. These solutions help improve productivity and security, conserve information technology resources, and mitigate legal liability for our customers. Websense serves more than 18,500 customers worldwide, including many of the world`s largest corporations. For more information, visit www.websense.com.

This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or financial or operating performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at http://www.sec.gov. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.

Websense Inc.
Consolidated Statements of Operations
(In thousands, except per share amounts)

Three Months Ended
-----------------
March March
31, 31,
2003 2002
-------- --------

Revenue $18,504 $13,035

Cost of revenue 1,305 933
-------- --------

Gross margin 17,199 12,102

Operating expenses:
Selling and marketing 6,635 5,939
Research and development 3,218 2,307
General and administrative 1,544 1,667
Amortization of stock-based compensation 43 160
-------- --------
Total operating expenses 11,440 10,073
-------- --------
Income from operations 5,759 2,029
Other income, net 675 713
-------- --------
Net income before income taxes 6,434 2,742
Provision for income taxes 2,574 86
-------- --------
Net income $3,860 $2,656
======== ========

Basic net income per share $0.18 $0.13
======== ========
Diluted net income per share $0.17 $0.11
======== ========

Basic common shares 21,795 20,777
======== ========
Diluted common shares 22,716 23,396
======== ========

Financial Data:
Total deferred revenue $64,863 $46,272
======== ========

Websense Inc.
Consolidated Balance Sheets
(In thousands)

March 31, Dec. 31,
2003 2002
--------- ---------

Assets
Current assets:
Cash and cash equivalents $66,978 $61,713
Investments in marketable securities 84,245 78,753
Accounts receivable, net 15,944 19,840
Deferred income taxes 8,731 8,731
Other current assets 1,627 1,184
--------- ---------
Total current assets 177,525 170,221

Property and equipment, net 2,985 2,967
Deferred income taxes, less current portion 6,701 6,701
Deposits and other assets 249 299

-------------------
Total assets $187,460 $180,188
===================

Liabilities and stockholders` equity
Current liabilities:
Accounts payable $796 $761
Accrued payroll and related benefits 4,124 3,627
Other accrued expenses 3,342 3,440
Income taxes payable 3,727 970
Deferred revenue, current portion 47,640 46,964
--------- ---------
Total current liabilities 59,629 55,762

Deferred revenue, less current portion 17,223 17,715

Stockholders` equity:
Common stock 218 217
Additional paid-in capital 107,185 107,058
Deferred compensation (40) (83)
Retained earnings (deficit) 2,903 (957)
Accumulated other comprehensive income 342 476
--------- ---------
Total stockholders` equity 110,608 106,711
--------- ---------

-------------------
Total liabilities and stockholders` equity $187,460 $180,188
===================

Websense, Inc.
Reconciliation of Billings to Deferred Revenue
(In thousands)

Deferred revenue balance Dec. 31, 2002 $64,679
Billings first quarter 2003 18,688
Revenue recognized first quarter 2003 (18,504)
--------
Deferred revenue balance March 31, 2003 $64,863
========




--------------------------------------------------------------------------------
Contact:
Websense Inc., San Diego
Kate Patterson (IR), 858/320-8072
[e-mail]
or
Katy Tanghe (media), 858/320-9263
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[nete]

Meiner Meinung-ist WBSN ein glasklarer Kauf!

Top Zahlen!


News!



Anger: The Fifth of Seven Deadly Sins to Avoid Triggers Hacking, Network Vulnerabilities, Warns Websense Inc.
Friday April 25, 8:01 am ET
Websense Protects Companies from Internal Hacking Attacks, Security Risks and Lost Data


SAN DIEGO--(BUSINESS WIRE)--April 25, 2003-- To the detriment of IT managers, employees downloading hacking tools and subsequent attacks are on the rise, cautions Websense (Nasdaq:WBSN - News), the world`s leading provider of employee Internet management (EIM) solutions.
Companies may experience data loss and wasted resources, as a result of employee hacking within their organization. According to Websense, the number of hacking Web sites available to employees increased 45 percent in the past year. And 70 percent of IT professionals believe peer-to-peer file sharing -- a popular activity in companies with broadband Web access -- creates an "open door" for external hackers. In fact, nearly 90 percent of U.S. businesses and government agencies suffered hacker attacks in the last year, according to Newsbytes, while 80 percent of network security managers claim their biggest security threat comes from their own employees, according to a Gartner Information Security Conference survey.

To enable companies to identify workplace hackers and other employee Web use risks, Websense created Websense Explorer(TM) -- an interactive reporting tool that will be introduced at Networld + Interop. Websense Explorer allows organizations to research extensive company Internet use, and generate trend and risk reports with a simple mouse click. In addition, Websense Enterprise v5 software -- a Best of Interop Award Finalist -- helps corporations prohibit employee access to hacking sites and prevents "open door" access for external access by preventing peer-to-peer file sharing.

For more information about other deadly sins that impact corporations, and how Websense Explorer and Websense Enterprise v5 limit the potential for hacker attacks, please visit booth #4559 at Networld + Interop in Las Vegas, April 29 - May 1, 2003.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the world`s leading provider of employee Internet management solutions. Websense Enterprise software enables organizations to manage how employees use their computing resources, including Internet access, desktop applications and network bandwidth. This helps improve productivity and security, conserve network resources, and mitigate legal liability. Websense serves more than 18,500 customers worldwide, including many of the world`s largest corporations. For more information, visit www.websense.com.

This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at http://www.sec.gov. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.



--------------------------------------------------------------------------------
Contact:
Websense Inc., San Diego
Erin Patrick, 858/320-9274
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

Websense Inc. Launches Websense Explorer
Tuesday April 29, 8:31 am ET
Interactive, Web-based Reporting Tool Provides Unconfined, Real-Time Internet Use Analysis
It and Corporate Managers Alike Benefit from Flexible and Fast `Point and Click` Capability


LAS VEGAS--(BUSINESS WIRE)--April 29, 2003-- Changing the way companies think about employee Internet management (EIM) reporting, Websense Inc. (Nasdaq:WBSN - News) today announced the general availability of Websense Explorer(TM).



Unique to the EIM market, the new Web-based, interactive reporting tool enables corporate managers to click through employee Internet use information in order to analyze trends and identify high risk Internet use, such as hacking, malicious code, spyware and Internet storage applications. This enables a company to modify its Internet use policy quickly and easily based on up-to-the-minute Internet use trends.

Designed for both IT and non-IT managers, such as human resource professionals, Websense Explorer provides companies with specific employee Internet trends and risks without requiring IT administrators to run batched reports. Managers can instantaneously access key employee and department Internet usage data while using the same tool to uncover security risks or high bandwidth usage.

Websense Explorer`s user-friendly functionality also enables managers to run instant statistical analysis to identify employees with the widest variance of Web usage within their company. Because Websense Explorer is both Web-based and interactive, it presents summary information as Web usage occurs, providing immediate access to employee and department Internet usage data for quick and easy Internet use policy modification. For example, if a report indicates that a large amount of bandwidth is being used for streaming media, a company can block individual users or groups from accessing specific streaming media Web sites until more bandwidth is available.

"Websense Explorer is the first-of-its kind, interactive EIM reporting tool that literally allows users to `click-through` employee Internet use information," said Harold Kester, chief technology officer for Websense. "The simplicity of this process extends to non-IT users who benefit from instant department Web use analysis through drill down functionality. Even someone not familiar with using analytical tools can reveal trends and identify risks quickly and easily with Websense Explorer."

Unlike competing reporting tools, Websense Explorer is not limited to pre-defined views of information, which means users can now drill down through data to find more information about specific Web use patterns within their organization. Access to Websense Explorer is password protected, ensuring employee privacy is protected and that only those with authority are allowed to view the information.

Available at no additional cost to customers with Websense Enterprise v4.4 and v5 subscriptions, Websense Explorer is also available to all prospective customers as part of the Websense v5 30-day evaluation. For more information about Websense Explorer, please visit: http://www.websense.com/products/index.cfm.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the world`s leading provider of employee Internet management solutions. Websense Enterprise software enables organizations to manage how employees use their computing resources, including Internet access, desktop applications and network bandwidth. This helps improve productivity and security, conserve network resources, and mitigate legal liability. Websense serves more than 18,500 customers worldwide, including many of the world`s largest corporations. For more information, visit www.websense.com.

This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at http://www.sec.gov. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.



--------------------------------------------------------------------------------
Contact:
Websense Inc.
Carolyn Krytzer, 619/933-3463
[e-mail]
or
Erin Patrick, 714/658-6728
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[robby13]

[panik]

Belz Enterprises Selects Websense`s Client Application Manager To Curb Employee Use of Bandwidth-Intensive Applications
Monday May 12, 8:02 am ET
CAM(TM) Enables Belz To Proactively Prevent Employees From Using Peer-to-Peer Applications or Games on Corporate Desktops


SAN DIEGO--(BUSINESS WIRE)--May 12, 2003-- Realizing that employee Internet access isn`t the only corporate resource that causes security gaps and severe network bandwidth drains, Belz Enterprises recently installed Websense (Nasdaq:WBSN - News) Client Application Manager (CAM), a Websense Enterprise v5 add-on module, in order to prevent non-work-related, high-bandwidth applications, including peer-to-peer (P2P) and games, from executing on corporate desktops.

Belz deployed CAM to mitigate the use of P2P applications and unauthorized games often brought in by employees from home. Not only do these applications cause bandwidth drains, but they can also be infected with spyware or malicious mobile code (MMC), compromising overall network security. In addition, CAM offers companies the ability to prevent the installation of higher-risk applications, like hacking tools, while also protecting companies from security threats stemming from non-work-related instant messaging.

"We deployed CAM when we upgraded to Websense Enterprise v5 after recognizing the severe bandwidth and security issues related to employees downloading unauthorized games and P2P files onto their corporate desktops," said James Rhodes, network administrator at Belz Enterprises. "Websense Enterprise v5 is the only complete solution on the market today that lets us manage our corporate resources at the Internet gateway, network and desktop levels. Just as we are able to customize Websense Enterprise`s EIM capabilities to match our existing Internet policy, we are able to tailor the CAM application to match our own internal needs."

Since both P2P and online games have moved beyond traditional MP3s and Solitaire, corporate resources are at an increasingly higher risk. In fact, according to a recent survey from Websense, 55 percent of IT managers report that P2P programs are installed on employee desktops. In addition, the popularity of online and PC games is on the rise as Datamonitor predicts that worldwide game software revenues will grow from $17.7 billion in 2001 to $21.6 billion in 2006 -- a 22 percent increase. These factors, among others, continue to perpetuate concern among IT managers regarding the growing trend of employees downloading and installing unauthorized games and applications on to corporate desktops.

"More and more, companies like Belz are realizing that managing employee Web access simply isn`t enough when it comes to preserving corporate resources. They understand that they are leaving themselves vulnerable to security threats and bandwidth drains associated with unauthorized employee-installed CDs or high-risk desktop applications," said Bill Goldbach, vice president of sales, North America, at Websense Inc. "Our latest software offering, Websense Enterprise v5 -- particularly CAM, enables Belz to not only manage access to online games and P2P Internet sites, but also allows them to prevent employees from using hacking tools and unauthorized games via CDs, which are often brought in from home."

Belz Enterprises, a Memphis-based commercial real estate developer, has been a Websense customer since 1999 and recently upgraded to Websense Enterprise v5 in April. As a result of implementing Websense Enterprise software, Belz Enterprises has experienced significant bandwidth savings, which contributes to the company`s overall bottom line.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the world`s leading provider of employee Internet management solutions. Websense Enterprise software enables organizations to manage how employees use their computing resources, including Internet access, desktop applications and network bandwidth. This helps improve productivity and security, conserve network resources, and mitigate legal liability. Websense serves more than 18,500 customers worldwide, including many of the world`s largest corporations. For more information, visit www.websense.com.

This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at http://www.sec.gov. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.



--------------------------------------------------------------------------------
Contact:
Websense Inc.
Katy Tanghe, 858/320-9263
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

Websense Inc. Announces Integration and Distribution Agreement with Cisco Systems Inc.
Tuesday May 13, 8:08 am ET
Cisco Content Engine with Websense Enterprise On-Box Provides Customers with Accelerated Web Access and Protection from Malicious Mobile Code and Spyware


SAN DIEGO--(BUSINESS WIRE)--May 13, 2003-- Websense Inc. (Nasdaq:WBSN - News), the world`s leading provider of employee Internet management (EIM) solutions, today announced an integration and distribution agreement with Cisco Systems Inc.

The agreement allows for Websense Enterprise software to be embedded with the Cisco Application and Content Networking System (ACNS) Software for the Cisco family of Content Engines. Cisco ACNS is an enterprise-class system that can optimize business applications, such as enterprise resource planning, customer relationship management and video-based training and communications, which drive productivity. The on-box integration of Websense software with Cisco Content Engine improves network performance and security by accelerating the delivery of Web applications, files and streaming media by caching frequently visited Web pages, while limiting access to bandwidth-intensive and security-risk sites infected by Web-borne viruses and other malicious Web content.

Under the agreement terms, Cisco will resell subscriptions to the Websense Master Database and three Premium Groups, which provide EIM capabilities to help IT administrators manage peer-to-peer file sharing and instant messaging, while stopping malicious mobile code and spyware. An additional database feature called WebCatcher(TM) ensures that new or not yet classified Web sites visited by employees are categorized and added to a subsequent download of the Master Database.

"Companies have requested an enhanced on-box solution that optimizes network performance and protects against security threats," said Andy Meyer, vice president of marketing, Websense. "Cisco Content Engine embedded with Websense Enterprise software enables customers to block access to sites infected with Web-borne viruses and other malicious Web content, such as spyware, without intervention."

Websense Enterprise version 4.4.1 is currently available on the Cisco Content Engine 7300 Series operating with Cisco ACNS Software 5.0.3 or later. Websense Enterprise will be supported on additional Cisco Content Engine platforms with future releases of Cisco ACNS. For more information about Websense Cisco Content Engine, please visit: http://www.websense.com/cisco.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the world`s leading provider of employee Internet management solutions. Websense Enterprise software enables organizations to manage how employees use their computing resources, including Internet access, desktop applications and network bandwidth. This helps improve productivity and security, conserve network resources, and mitigate legal liability. Websense serves more than 18,500 customers worldwide, including many of the world`s largest corporations. For more information, visit www.websense.com.

This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at http://www.sec.gov. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.



--------------------------------------------------------------------------------
Contact:
Websense Inc., San Diego
Carolyn Krytzer, 858/320-9276
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

AirTran Airways Upgrades Websense EIM Solution With Bandwidth Optimizer to Manage Bandwidth Use For On-Site and Remote Users
Thursday May 29, 8:00 am ET
Bandwidth Management Product Improves Airline VPN Performance, Enables VoIP Capability


SAN DIEGO--(BUSINESS WIRE)--May 29, 2003-- Websense Inc. (Nasdaq:WBSN - News), the world`s leading provider of employee Internet management (EIM) solutions, today announced that AirTran Airways (NYSE:AAI - News), one of America`s largest low-fare airlines, recently purchased Websense Bandwidth Optimizer(TM) to improve overall network performance and manage non-work-related, bandwidth intensive activities at work.
ADVERTISEMENT


An existing Websense customer with more than 5,400 professional Crew Members, AirTran Airways implemented Websense Bandwidth Optimizer to manage the company`s bandwidth distribution and utilization, and ensure adequate capacity to meet business needs. The add-on module recovered network bandwidth and provided additional capacity for the organization`s distributed and at-home workforce to use the VPN. In addition, AirTran Airways` VPN connections improved to enable toll-quality IP voice conversations -- saving the company costly long distance charges.

"AirTran Airways uses Websense Bandwidth Optimizer to carve bandwidth into reasonable sizes, which enables all users to be productive -- whether directly connected to the core network or using a VPN across the globe," said James Nolin, director of network services for AirTran Airways. "As the bandwidth can be customized, the airline meets the needs of its traveling workforce to obtain critical information, or even answer their direct phone number using voice-over IP technology."

A Websense customer since 2001, AirTran Airways uses Websense Enterprise® v5 EIM software, Bandwidth Optimizer and Premium Groups(TM) I, II and III to improve on-site workforce productivity, reduce malicious Web threats and prohibit access to inappropriate content. In addition, the company relies on Websense`s Real-Time Analyzer(TM) -- an interactive reporting tool -- to determine immediate network traffic problems.

Websense Bandwidth Optimizer improves an organization`s overall network performance by reducing the use of non-work-related, high-bandwidth media based on real-time network conditions. In conjunction with Websense Enterprise v5 software, Bandwidth Optimizer allows IT managers to define and manage usage limits by preventing additional bandwidth intensive activities until network conditions allow more open access. The product enables responsible use of network resources for business-critical functionality, while also allowing responsible use of rich-media applications.

"Websense Bandwidth Optimizer allows IT managers to obtain more control of network resources and traffic," said Bill Goldbach, vice president of North America sales for Websense Inc. "With its advanced functionality and easy installation, the module sets a new standard for cost-conscious companies looking to improve value to both shareholders and employees."

About AirTran Airways

AirTran Airways is one of America`s largest low-fare airlines -- employing more than 5,000 professional Crew Members and serving 488 flights a day to 43 destinations. The airline`s hub is at Hartsfield Atlanta International Airport, the world`s busiest airport (by passenger volume), where it is the second largest carrier operating 188 flights a day. AirTran Airways also is a subsidiary of AirTran Holdings Inc., (NYSE: AAI - News), and the world`s largest operator of the Boeing 717, the most modern, environmentally friendly aircraft in its class. For more information and reservations, visit airtran.com (America Online Keyword: AirTran), call AirTran Airways at 800-AIRTRAN (800/247-8726) or 770/994-8258 (in Atlanta).

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the world`s leading provider of employee Internet management solutions. Websense Enterprise software enables organizations to manage how employees use their computing resources, including Internet access, desktop applications and network bandwidth. This helps improve productivity and security, conserve network resources, and mitigate legal liability. Websense serves more than 18,500 customers worldwide, including many of the world`s largest corporations. For more information, visit www.websense.com.

This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at http://www.sec.gov. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.



--------------------------------------------------------------------------------
Contact:
Websense Inc.
Erin Patrick, 858/320-9274
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

Websense Enterprise Employee Internet Management Software Now Supports Cisco IOS Software
Tuesday June 3, 8:11 am ET
New Cisco IOS Firewall Feature Set Support Provides Greater Deployment Flexibility and Increased Return-On-Investment Benefits


SAN DIEGO--(BUSINESS WIRE)--June 3, 2003-- Websense (Nasdaq:WBSN - News) Enterprise employee Internet management (EIM) software support for Cisco IOS® Software is now available.
ADVERTISEMENT


It provides organizations with greater deployment flexibility and increased return-on-investment (ROI) benefits as a result of decreased deployment time and expenses, coupled with the benefits of increased employee productivity and conserved network bandwidth.

Websense Enterprise software, which allows organizations to manage how their employees use the Internet, integrates with the Cisco IOS Firewall, providing EIM functionality to a broad range of Cisco routers running the Cisco IOS Firewall software version 12.2(15)T and later, from the company`s small office/home office Cisco 800 Series Router to its enterprise-class Cisco 7400 Series Router.

Websense channel partners view the support as bringing all the benefits of Websense EIM software, including the potential for reduced legal liability, improved employee productivity and security, and conserved network bandwidth, to a new integration point in customer networks. And because Cisco IOS offers embedded firewall functionality, companies can deploy Websense filtering at the router in their remote offices to achieve a lower total cost of ownership (TCO) firewall/filtering solution.

Customers, particularly distributed organizations, benefit from this combination by having more options for deploying Websense Enterprise software in their networks. Multiple branch offices spread across distant locations will be able to point individual Cisco routers at each remote office to a single Websense server, helping to ensure each office`s Internet use is managed centrally and consistently with company policy.

"Customers will see decreased deployment time and expenses, coupled with the same benefits of increased employee productivity and conserved network bandwidth," said Chip Cantrell, technical services manager, TechPower Solutions Inc., a Cisco and Websense value-added reseller in Redmond, Wash. "Whenever customers have more options and greater flexibility in deployment, it means more opportunities for our business."

Once Websense Enterprise is installed, IT administrators can manage employee Internet access using the software`s advanced policy engine that can be tailored by end user, group, department or network. Websense also offers eight flexible management options, including time-based quotas, which enables a company to reserve a set amount of minutes per day for each employee to surf the Web on personal time.

"As firewall features are added to routers, it makes sense for other security features such as Internet filtering to be integrated onto the same system," said Bill Gassman, research director at Gartner Inc. "This adds flexibility for regional offices that want to control local filtering and reporting policies, and makes it cost-effective for an enterprise to add filtered Internet gateways at remote sites."

For more information about Websense Enterprise v5, Cisco Routers Edition, please visit: http://www.websense.com/cisco.

About Websense Inc.

Websense Inc. (Nasdaq:WBSN - News) is the world`s leading provider of employee Internet management solutions. Websense Enterprise software enables organizations to manage how employees use their computing resources, including Internet access, desktop applications and network bandwidth. This helps improve productivity and security, conserve network resources, and mitigate legal liability. Websense serves more than 18,500 customers worldwide, including many of the world`s largest corporations. For more information, visit www.websense.com.

This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at http://www.sec.gov. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.



--------------------------------------------------------------------------------
Contact:
Websense Inc., San Diego
Carolyn Krytzer, 858/320-9276
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

Websense Enterprise Security Suite-TM- Stops Spread of Web-Based Viruses and Malware
Thursday June 5, 8:02 am ET
Complements Anti-Virus Software With Desktop Protection
New Class of Malware Highlights Need for Additional Layers of Security


SAN DIEGO--(BUSINESS WIRE)--June 5, 2003-- Websense Inc. (NASDAQ:WBSN - News), the world`s leading provider of employee Internet management (EIM) solutions, today announces the availability of Websense Enterprise Security Suite.
ADVERTISEMENT


Designed to complement a company`s existing anti-virus tools and protect a company`s network from Web-based virus and malware infection before an updated virus signature becomes available, Websense Enterprise Security Suite combines the database categories of Websense Premium Group III -- protection against Web-based viruses, malicious Web content and spyware -- and the company`s new Client Application Manager(TM) (CAM), an add-on module of Websense Enterprise v5 software.

Websense Enterprise Security Suite provides two layers of security protection -- at the network and desktop-levels. First, Websense Premium Group III protects a company against security threats at the network-level by blocking employee access to Web sites infected with Web-based viruses, malicious mobile code and spyware. The Premium Group III database requires no additional administration because it is updated daily with newly infected Web sites and automatically downloaded to customers.

Additionally, if a virus is introduced through another channel, such as email, the "Outbreak" mode of Websense CAM allows a company to update its enterprise-wide policy with the virus filename(s) to immediately stop the spread of the rogue application by blocking its launch at the desktop-level. In addition, Websense CAM enables companies to proactively lockdown employee desktops to prevent the execution of any unauthorized software, whether malicious or not.

"Websense`s Client Application Manager allows IT administrators to specify categories of applications, such as hacking, spyware and peer-to-peer, that are blocked from executing on a particular desktop computer," said Becky Bace, a network security expert and author of Intrusion Detection. "This is a powerful way to protect employees from the increasingly disruptive and destructive viruses, spyware and other malware that make their way onto a company`s systems through a variety of means."

As a module of Websense Enterprise v5 -- software that manages employee computing at the gateway, network and client-levels -- Websense CAM proactively secures company desktops using a unique software categorization and user policy management tool. The Websense CAM Agent includes an Application Database of more than 50 categories including spyware, hacking tools, games, peer-to-peer (P2P), instant messaging. An IT administrator sets software application usage policies -- by name or category -- for employee computers. The CAM client continues to monitor each attempt to open a file and permits or denies access based on company policy.

As an example, Websense Enterprise Security Suite proactively blocks current viruses, including the Fizzer, Palyh, Lentin, and Klez viruses, which spread using a P2P file-sharing network, by blocking employee access to P2P Web sites, network-level P2P protocols and malicious applications. In addition, the lockdown and outbreak modes of Websense CAM software prevent the spread of the viruses by blocking execution of an email`s file attachment.

The combination of Websense Premium Group III and Websense CAM into a single Websense Security Suite enables IT administrators to cost-effectively create a multi-tiered proactive solution to complement existing anti-virus tools. Websense Enterprise v5 and Websense Security Suite are available for a 30-day free trial at http://www.websense.com/downloads.

About Websense Inc.

Websense Inc. is the world`s leading provider of employee Internet management solutions. Websense Enterprise software enables organizations to manage how employees use their computing resources, including Internet access, desktop applications and network bandwidth. This helps improve productivity and security, conserve network resources, and mitigate legal liability. Websense serves more than 18,500 customers worldwide, including many of the world`s largest corporations. For more information, visit www.websense.com.

This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at http://www.sec.gov. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.



--------------------------------------------------------------------------------
Contact:
Websense Inc., San Diego
Carolyn Krytzer, 858/320-9276
[e-mail]



--------------------------------------------------------------------------------
Source: Websense Inc.

[nete]

Reuters
UPDATE - US top court upholds Internet library filters
Monday June 23, 12:40 pm ET
By James Vicini


(adds reaction, details paragraphs 13, 15-20)
WASHINGTON, June 23 (Reuters) - The U.S. Supreme Court upheld on Monday a law requiring the nation`s public libraries to filter out Internet pornography, ruling it does not violate free-speech rights.

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By a 6-3 vote, the justices reversed a ruling by a special three-judge federal court panel in Philadelphia that the filtering requirement caused libraries to violate the First Amendment constitutional rights of their patrons.

The decision could affect the online choices available to millions of Americans who use Internet-connected computers at public libraries.

The ruling was a defeat for a coalition of libraries, library patrons and Web site operators, led by the American Library Association and the American Civil Liberties Union, which challenged the law as unconstitutional censorship.

The Children`s Internet Protection Act, signed into law in 2000, required libraries that receive federal technology subsidies to use content filters to screen out obscenity, child pornography, and sexually explicit material deemed harmful to minors.

The subsidies, which have totaled nearly $1 billion and can make up 90 percent of a library`s technology budget, help pay for Internet access, automated catalogs and other services. Companies that make the filters include Websense Inc. (NasdaqNM:WBSN - News), N2H2 Inc. (OTC BB:NTWO.OB - News) and Surfcontrol Plc (London:SRF.L - News).

About 143 million Americans use the Internet regularly, and about 10 percent of them go online at public libraries, according to factual findings in the case. Nearly all the nation`s libraries provide Internet access.

The decision involved the latest test of efforts by Congress to shield children from online pornography.

The Supreme Court first struck down the Communications Decency Act of 1996. Last year, the court ruled on the Child Online Protection Act of 1998, sending the case back for a decision on unresolved free-speech problems.

Librarians and civil liberties groups said the software filters prevented patrons from finding information about breast cancer, homosexuality and other legitimate subjects, and that the law could change librarians into censors.

The U.S. Justice Department in defending the law replied that libraries are not forced to carry pornographic movies and magazines and should not be forced to make pornography available online.

In a 17-page opinion, Chief Justice William Rehnquist said for the court majority that use of filtering software does not violate the patrons` First Amendment rights, does not induce libraries to violate the Constitution and is a valid exercise of congressional power.

LIBRARIES EXCLUDE PORNOGRAPHY

"Especially because public libraries have traditionally excluded pornographic material from their other collections, Congress could reasonably impose a parallel limit on its Internet assistance programs," he wrote.

Justices John Paul Stevens, David Souter and Ruth Bader Ginsburg dissented.

Stevens said the law "operates as blunt nationwide restraint on adult access to an enormous amount of valuable information that individual librarians cannot possibly review."

Denouncing the ruling, the American Library Association said it would ask filtering companies to reveal what sites are blocked by its software and why they are blocked.

The association said, "The public library is the number one access point for online information for those who do not have Internet access at home or work. We believe they must have equal access to the Information Superhighway."

The Electronic Frontier Foundation, a civil liberties group, released a new study on Monday that found popular filtering programs blocked tens of thousands of Web pages that contained no offensive content.

But patrons can always ask to have the filters disabled, said a spokesman for the filter company N2H2 Inc.

[panik]

Reuters
Websense says it expects to exceed estimates
Monday July 7, 4:11 pm ET


LOS ANGELES, July 7 (Reuters) - Software company Websense Inc. (NasdaqNM:WBSN - News) on Monday said it expects to exceed earnings and revenue estimates for the second quarter on the back of strong billings.
San Diego-based Websense said it expects to report earnings per share of 18 cents, better than its previous guidance of 16 cents to 17 cents. Analysts surveyed by Thomson First Call (News - Websites) had expected earnings of 16 cents per share.

Revenue is expected to be in a range of $19.4 million to $19.6 million, up from $14.6 million a year earlier.

[panik]

Reuters
RESEARCH ALERT-CSFB raises Websense price target to $22
Tuesday July 8, 12:00 pm ET


NEW YORK, July 8 (Reuters) - Credit Suisse First Boston on Tuesday said it raised its price target for shares of software company Websense Inc. (NasdaqNM:WBSN - News) to $22 from $16.50, citing strong quarterly results and an improved financial forecast.
Shares of Websense closed at $15.62 on the Nasdaq stock market on Monday.

[panik]

Websense Shorts Get Squeezed

By Matt Richey (TMF Matt)
July 8, 2003

It just doesn`t pay to short a cash-rich company trading at a low price-to-free cash flow multiple.

Just ask short-sellers of Websense (Nasdaq: WBSN), which surged 28% today after the company issued an upside preannouncement last night. With 21% of shares in the hands of short-sellers, today`s move was clearly amplified by the buying pressure of shorts scrambling to cover their positions -- a classic short squeeze.

The shorts` critical mistake was a failure to consider Websense`s dirt-cheap valuation. At yesterday`s $15.62 close, the stock was valued at just 9.7 times free cash flow. If you back out excess cash of $6.94 per share, Websense`s free cash flow multiple at yesterday`s close was just 5.4. Shorting a stock this cheap is financial suicide.

The Websense short thesis also failed to appraise the strength of the business. Shorts had counted on increased competition to drive down margins in the Internet-filtering software space. It was thought that Websense`s premium pricing ($14 per seat versus competitors` $9 to $10 per seat) would come under pressure, which would in turn hinder revenue growth.

Hardly. For the quarter ending in June, management now expects revenue of $19.4 million to $19.6 million, comfortably above the consensus analyst estimate of $19.3 million. This represents 5% growth over the first quarter and 33% growth over the year-ago quarter. Apparently, Websense`s software has some type of advantage -- possibly its industry-leading installed base? -- that justifies its higher prices.

(Tom Gardner presumably knows all this; after all, he recommended the stock to subscribers of the Motley Fool Stock Advisor.)

If you ask me, the only thread of hope for the shorts is the continued selling by Websense`s top management. Just last week, the CEO and CFO each disposed of their remaining shares obtained through past option grants. While this type of selling puts a damper on investor confidence, this just goes to show that financial results and valuation are what really count. Insider buying and selling can only be considered as corroborating evidence.

Matt Richey has no beneficial interest in Websense.

[panik]

1:16PM Relative Strength -- Websense edges to highs of day as broader market makes fresh lows (WBSN) 20.50 +0.31:

[Lennistar]

Hallo!

Eine sehr interessante Kursentwicklung in der letzten Zeit...

Sollte man sich mal genauer anschauen - die Fundamentals stimmen auf jeden Fall...

Gruss Lennistar

[panik]

Business Momentum at Websense Continues to Build With Record Fourth Quarter And Fiscal Year Results
Wednesday January 28, 4:08 pm ET
Annual Billings Surpass $111 Million as Threats Associated With New Internet-Based Technologies Drive Growth in Demand for Employee Internet Management Solutions


SAN DIEGO, Jan. 28 /PRNewswire-FirstCall/ -- Websense Inc. (Nasdaq: WBSN - News), the world`s leading provider of employee Internet management (EIM) software, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2003.
ADVERTISEMENT


Revenue for the fourth quarter grew for the 17th consecutive quarter and was a record $22.7 million, an increase of 31 percent from the fourth quarter of 2002. Income before taxes was $7.2 million, an increase of 42 percent from the fourth quarter of 2002. Fourth quarter net income was $4.5 million, or 19 cents per diluted share, and reflected an effective tax rate of 38 percent. This compares to net income in the fourth quarter of 2002 of $6.5 million, or 28 cents per diluted share, which included a tax benefit of $1.4 million associated with the recognition of deferred tax assets.

For the fiscal year ended December 31, 2003, revenue was $81.7 million, an increase of 34 percent from 2002. Income before taxes was $27.1 million, an increase of 70 percent from 2002. Net income was $16.7 million, or 73 cents per diluted share, and reflected a 38 percent effective tax rate. This compares with 2002 net income of $16.7 million, or 72 cents per diluted share, which included a tax benefit of $797,000 associated with the recognition of deferred tax assets. The company also generated significant positive cash flows during the year and increased its cash balances by more than $42 million from the end of 2002, ending 2003 with $182.9 million in cash and investments and zero debt.

"The 2003 fiscal year was remarkable for Websense, a year in which we truly changed the game of competing in the EIM market," said John Carrington, chairman and CEO of Websense Inc. "As we progressed through the year, our business momentum continued to build as we extended our market leadership in terms of vision, technology, installed base and market share.

"As the number of new and blended threats associated with emerging Internet-enabled applications accelerated, customers embraced the advanced functionality of Websense Enterprise v5 and our long-term technology roadmap, resulting in strong new business flow, improved renewals, and heightened interest in add-on products. All of this is reflected in our financial performance as record billings, revenue and operating income for both the quarter and the year," Carrington added. "As I look forward to 2004, I believe the strength of our value propositions, combined with growing awareness of Websense as an integral part of an organization`s security infrastructure, will allow us to continue to increase our customer base and gain market share against less comprehensive solutions."

Quarterly Billings Climb 36 Percent from Q3 2003; Drives Record Increase in Deferred Revenue

Customer billings in the fourth quarter were the highest in the company`s history at $38.4 million, an increase of 36 percent from the third quarter of 2003, and 43 percent from the fourth quarter of 2002. For the fiscal year, billings were a record $111 million, an increase of 35 percent from 2002.

Deferred revenue -- which represents amounts billed to customers but not yet recognized as subscription revenue -- was $94 million at the end of the fourth quarter, an increase of $15.7 million from the end of the third quarter of 2003, and an increase of $29.3 million from the end of 2002. The increase in deferred revenue represents the amount that total customer billings during the reporting period exceed total subscription revenue recognized in the period. Although deferred revenue has increased every quarter since the company`s initial public offering, the sequential increase in the fourth quarter was the largest in the company`s history and reflected the strong billings performance posted in the quarter.

Websense sells subscriptions to its products primarily on a one-, two- or three-year basis, billing the entire amount to the customer upfront and booking the full value of the contract to deferred revenue on the balance sheet. The company then recognizes pro-rata portions of the billing as subscription revenue on a monthly straight-line basis over the life of the subscription, resulting in good visibility into near-term results. At the beginning of any quarter, approximately 80 percent of the anticipated quarterly revenue was booked in prior periods as deferred revenue. As a result, customer billings, which represent business generated in the current quarter, provide an additional measure of Websense`s performance in the current period.

Record Levels of Operating Income Achieved; Annual Operating Margin at 30 Percent

For the fiscal year ended December 31, 2003, the company achieved its long-term target of 30 percent operating margin with record operating income of $24.8 million, an increase of 87 percent from 2002. Gross margin was 93 percent of revenue in both 2002 and 2003 as the company`s proprietary search and classification technology successfully kept pace with the growth of the Internet, increasing the size of the database by 1.4 million sites and adding several new languages. During the year, the company invested $12.8 million, or 16 percent of revenue, in enhancing its existing products and developing additional modules for the Websense Enterprise® platform. New product releases during the year included the company`s next-generation filtering platform, Websense Enterprise v5, plus two new add-on modules, Bandwidth Optimizer(TM) and Client Application Manager(TM).

Operating income for the fourth quarter was also a record at $6.8 million, an increase of 52 percent from the fourth quarter of 2002. Operating margin in the fourth quarter was 30 percent of revenue, even though selling and marketing expenses increased as a percent of revenue compared with prior quarters in 2003, primarily due to higher sales commission payments associated with the increase in customer billings during the quarter.

"The many benefits of our subscription-based business model, including increased visibility, strong positive cash flows and long-term customer relationships, create a solid foundation for Websense`s continued growth and success," said Doug Wride, Websense Chief Financial Officer. "The surge in fourth quarter billings results in a slightly higher operating expense structure as we accrue sales commissions directly to the income statement but recognize revenue over a more extended period of time. However, the strengths of the subscription model far outweigh the slight seasonal impact this has on our operating margin. By anticipating this pattern, we are able to set expectations appropriately and we have met or exceeded our earnings guidance since our initial public offering in March 2000."

Balance Sheet Continues to Strengthen as Cash and Investments Increase by Record Amounts

The company ended the fourth quarter of 2003 with $182.9 million in cash and investments, an increase of $15.6 million from the prior quarter, and zero debt. The increase in the cash and investments balance reflected strong operating cash flow, partially offset by $1.5 million in estimated tax payments and $2.9 million spent during the fourth quarter to repurchase 107,000 shares of the company`s common stock at an average price of $26.78. To date, Websense has repurchased 396,000 shares out of the two million shares authorized for repurchase by the Board of Directors.

Additional Fourth Quarter Business Highlights

In addition to record billings and revenue performance, business highlights in the fourth quarter included:

-- Seats under subscription increased by more than 600,000 to
approximately 16.4 million seats. At the end of the fourth quarter,
nearly 40 percent of all subscriptions included one or more of the
Premium Group database categories, compared with approximately
20 percent a year ago.

-- The company closed more than 140 transactions greater than
$50,000 and increased its customer count by more than 600 during the
quarter, bringing the total number of customers to approximately
20,600 worldwide.

-- International customers accounted for 30 percent of subscription
revenue in the quarter, consistent with the contribution in the
fourth quarter of 2002.

-- Customer renewals remained strong and within the recent historical
range of 75 to 80 percent.

-- Existing customers accounted for approximately 60 percent of
subscription revenue, compared to approximately 60 percent in the
prior quarter and approximately 50 percent in the fourth quarter of
2002. Over time, the contribution from existing customers is
expected to increase due to the purchase of additional seats and
add-on products, as well as annual increases in the per seat price of
a subscription to the Websense database. Historically, the dollar
value of the renewal contract of an existing customer is 30 to
40 percent higher, on average, than that of the expiring contract.

-- The average annualized contract value increased to approximately
$7,200, compared to $6,700 in the third quarter and $6,500 in the
fourth quarter of 2002.

-- Approximately half of the quarter`s billings were one-year in
length, compared to approximately 55 percent in the third quarter and
approximately 60 percent in the fourth quarter of 2002.

-- The Websense database grew to 5.5 million Web sites representing more
than 1.1 billion unique Web pages. Websense has the most accurate
and relevant database in the industry and has categorized more than
seven million Web sites in more than 50 languages, including
approximately 1.5 million dead links that have been removed from the
database. Additionally, the company has identified and categorized
more than 225,000 software executable files in its Client Application
Manager database and has built a comprehensive database of common
network protocols to enable filtering of instant messaging,
peer-to-peer, streaming media and other non-http traffic.


First Quarter 2004 Outlook

Websense provides guidance on its anticipated financial performance in the coming quarter based on its assessment of the current business environment and historical seasonal trends in its business. In providing quarterly guidance, the company emphasizes that its forward-looking statements are based on current expectations and disclaims any obligation to update the statements as conditions change.

For the first quarter of 2004,

-- Customer billings are expected to increase between 30 and 35 percent
from the first quarter of 2003, reflecting historical seasonal
patterns.

-- Deferred revenue is expected to increase marginally, consistent with
the company`s expectation that billings booked will be greater than
subscription revenue recognized.

-- Subscription revenue is expected to grow in the range of 28 to
29 percent from the first quarter of 2003. Approximately 80 percent
of this revenue is expected to be recognized from the company`s
current deferred revenue balances.

-- Gross margin is expected to remain constant at approximately 93
percent of revenue.

-- Operating margin is expected to be in the range of 29 to 30 percent
of revenue.

-- The effective tax rate is expected to be approximately 37 percent.

-- Based on the above revenue and expense structure, earnings are
expected to be approximately 20 cents per diluted share.

-- Based on fourth quarter 2003 billings and historical collection
trends, the company expects to generate more than $17 million in
cash, which would result in a cash balance of approximately
$200 million at the end of the first quarter of 2004.


Conference Call

Websense is hosting a conference call and simultaneous Webcast today at 5:00 p.m. (EST) to discuss these results. To participate in the call, investors should dial [phone] (domestic) or [phone] (international) ten minutes prior to the scheduled start of the call. The Webcast may be accessed via the Internet at www.websense.com/investors . An audio archive of the Webcast will be available on the company`s Web site through March 31, 2004 and a taped replay of the call will be available for one week at [phone] or [phone], passcode 709598.

Non-GAAP Financial Measures

This press release includes financial measures for billings that are not numerical measures that can be calculated in accordance with generally accepted accounting principles (GAAP). Websense has provided this measurement in press releases reporting financial performance, presently and in the past, because this measurement provides a consistent basis for understanding the company`s sales activities in the current period. The company believes the billings measurement is useful to investors because the GAAP measurements of revenue and deferred revenue in the current period include subscription contracts commenced in prior periods. A reconciliation of billings and deferred revenue for the fourth quarter of 2003 is set forth at the end of this press release.

About Websense Inc.

Websense Inc. (Nasdaq: WBSN - News), the world`s leading provider of employee Internet management solutions, enables organizations to optimize employee use of computing resources and mitigate new threats related to Internet use including instant messaging, peer-to-peer, and spyware. By providing usage policy enforcement at the Internet gateway, on the network and at the desktop, Websense Enterprise enhances productivity and security, optimizes the use of IT resources and mitigates legal liability for our customers. Websense serves more than 20,600 customers worldwide, representing 16.4 million seats. For more information, visit www.websense.com .

This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or financial or operating performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at http://www.sec.gov . Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.

For further information, please contact: Investors, Kate Patterson, [phone], [e-mail] , or Media, Brigitte Engel, [phone] [e-mail] , both of Websense Inc.

Websense, Inc.
Consolidated Income Statements
(Unaudited and in thousands, except per share amounts)

Three Months Ended Twelve Months Ended
December 31, December 31, December 31, December 31,
2003 2002 2003 2002

Revenue $22,700 $17,375 $81,734 $60,965

Cost of revenue 1,516 1,095 5,523 4,170

Gross margin 21,184 16,280 76,211 56,795

Operating expenses:
Selling and
marketing 9,428 7,356 31,845 26,201
Research and
development 3,295 3,016 12,843 10,957
General and
administrative 1,663 1,412 6,649 5,960
Amortization of
stock-based
compensation 7 68 83 448
Total operating
expenses 14,393 11,852 51,420 43,566
Income from
operations 6,791 4,428 24,791 13,229
Other income, net 419 645 2,292 2,711
Income before
income taxes 7,210 5,073 27,083 15,940
Provision (benefit)
for income taxes 2,702 (1,424) 10,395 (797)
Net income $4,508 $6,497 $16,688 $16,737

Basic net income
per share $0.20 $0.30 $0.76 $0.79
Diluted net income
per share $0.19 $0.28 $0.73 $0.72

Basic common
shares 22,394 21,582 22,038 21,211
Diluted common
shares 23,368 23,369 22,976 23,338

Financial Data:
Total deferred
revenue $93,960 $64,679 $93,960 $64,679


Websense, Inc.
Consolidated Balance Sheets
(Unaudited and in thousands)

December 31, December 31,
2003 2002

Assets
Current assets:
Cash and cash equivalents $104,224 $61,713
Investments in marketable securities 78,635 78,753
Accounts receivable, net 27,999 19,840
Deferred income taxes 8,733 8,731
Other current assets 1,271 1,184
Total current assets 220,862 170,221

Property and equipment, net 2,997 2,967
Deferred income taxes, less current portion 8,672 6,701
Deposits and other assets 418 299

Total assets $232,949 $180,188

Liabilities and stockholders` equity
Current liabilities:
Accounts payable $743 $761
Accrued payroll and related benefits 5,241 3,627
Other accrued expenses 3,835 3,440
Income taxes payable 241 970
Deferred revenue, current portion 65,480 46,964
Total current liabilities 75,540 55,762

Deferred revenue, less current portion 28,480 17,715

Stockholders` equity:
Common stock 228 217
Additional paid-in capital 120,638 107,058
Deferred compensation -- (83)
Retained earnings (deficit) 15,732 (957)
Accumulated other comprehensive income 15 476
Treasury stock (7,684) --
Total stockholders` equity 128,929 106,711

Total liabilities and stockholders` equity $232,949 $180,188


Websense, Inc.
Reconciliation of Billings to Deferred Revenue
(Unaudited and in thousands)

Deferred revenue balance September 30, 2003 $78,268
Billings fourth quarter 2003 38,392
Revenue recognized fourth quarter 2003 (22,700)
Deferred revenue balance December 31, 2003 $93,960




--------------------------------------------------------------------------------
Source: Websense Inc.

[panik]

9:20AM Websense upgraded at SG Cowen (WBSN) 27.43: SG Cowen upgrades WBSN to Outperform from Mkt Perform following in-line results; firm says the co`s margins prove that pricing pressure is not an issue, visibility remains, and the co had another qtr of record billings; also, firm says the stock is trading pretty much in-line with the group, but the co`s subscription model and cash flow generation mask the true value; after backing out the near $8/share in cash, firm says WBSN trades at 11x trailing cash flow.

[panik]

9:55AM Websense probes resistance at 52-wk close high (WBSN) 37.45 +5.29: -- Update -- -- Technical -- The stock gapped sharply higher off the open (reported earnings, guided higher, upgrade) and probed resistance at its 52-wk closing high of 37.48 (session high 37.50) before pausing. If a breach is seen, the 52-wk intraday high from June comes into play at 37.94.

[panik]

Websense Preliminary Billings and Revenue at Record Levels for Fourth Quarter and Fiscal Year
Tuesday January 11, 4:10 pm ET


SAN DIEGO, Jan. 11 /PRNewswire-FirstCall/ -- Websense, Inc. (Nasdaq: WBSN - News), in conjunction with the beginning of its annual worldwide sales meetings, today announced that fourth quarter billings are expected to be approximately $51.7 million, approximately $3.7 million above the high end of previously issued company guidance. For the year, billings are expected to total more than $150 million, an increase of approximately 35 percent from 2003. Billings represent the full amount of subscription contracts billed to customers during the quarter, and are a measure of current demand for the company`s products.
Fourth quarter revenue is expected to be approximately $31.5 million, exceeding previously issued guidance of $30 to $31 million. Based on fourth quarter results, revenue for the year is expected to be approximately $111.7 million, an increase of more 36 percent from 2003.

"I am extremely pleased with our fourth quarter and full year top-line results, and wish to congratulate all of our salespeople and resellers on their outstanding performance and thank our customers for their continued commitment to Websense solutions," said John Carrington, Websense chairman and chief executive officer. "Websense, in partnership with its worldwide reseller and distributor community, continued to redefine the employee Internet management (EIM) market in 2004 as we surpassed the $150 million billings milestone."

Final audited GAAP results for the fourth quarter and fiscal year will be released after the market close on Wednesday, January 26 and management will discuss the results in a conference call and simultaneous webcast at 2:00 p.m. Pacific Time on the same day. To participate in the call, investors should dial [phone] (domestic) or [phone] (international) ten minutes prior to the scheduled start of the call. Additionally, a live audio-only webcast of the call may be accessed via the internet at www.websense.com/investors.

An archive of the webcast will be available on the company`s website through March 31 and a taped replay of the call will be available for one week at [phone] or [phone], passcode 985154.

Non-GAAP Financial Measures

This press release includes financial measures for billings that are not numerical measures that can be calculated in accordance with generally accepted accounting principles (GAAP). Websense has provided this measurement in press releases reporting financial performance, presently and in the past, because this measurement provides a consistent basis for understanding the company`s sales activities in the current period. The company believes the billings measurement is useful to investors because the GAAP measurements of revenue and deferred revenue in the current period include subscription contracts commenced in prior periods. A reconciliation of preliminary billings and preliminary, unaudited deferred revenue for the fourth quarter of 2004 is set forth at the end of this release. A reconciliation to audited deferred revenue will be available on the company`s website when final GAAP financial results are released on January 26, 2005.

About Websense, Inc.

Websense, Inc. (Nasdaq: WBSN - News), the world`s leading provider of employee internet management solutions, enables organizations to optimize employee use of computing resources and mitigate new threats related to internet use including instant messaging, peer-to-peer, and spyware. By providing usage policy enforcement at the internet gateway, on the network and at the desktop, Websense products enhance productivity and security, optimizes the use of IT resources and mitigates legal liability for our customers. For more information, visit www.websense.com.

© 2005, Websense, Inc. All rights reserved. Websense and Websense Enterprise are registered trademarks of Websense, Inc. in the United States and certain international markets. Websense has numerous other unregistered trademarks in the United States and internationally. All other trademarks are the property of their respective owners.
This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or financial or operating performance, including estimates of billings and revenue; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; changes in estimated amounts based on the review and audit of Websense`s financial statements by its independent auditors; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at (<http://www.sec.gov>. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.

Websense, Inc.
Reconciliation of Preliminary Billings to Estimated Deferred Revenue
(Unaudited and in thousands)

Deferred revenue balance September 30, 2004 $112,186
Approximate fourth quarter 2004 billings 51,700
Approximate fourth quarter 2004 revenue recognized (31,500)
Estimated fourth quarter 2004 deferred revenue $132,386



IR CONTACT: Kate Patterson MEDIA CONTACT: Brigitte Engel
Websense, Inc. Websense, Inc.
[phone] [phone]
[e-mail] [e-mail]




--------------------------------------------------------------------------------
Source: Websense, Inc.

[panik]

Websense Reports Record Billings, Revenue and Net Income for Fourth Quarter and Fiscal Year
Wednesday January 26, 4:08 pm ET
Continued Strong Demand Drives Top and Bottom Line Performance


SAN DIEGO, Jan. 26 /PRNewswire-FirstCall/ -- Websense, Inc. (Nasdaq: WBSN - News), the world`s leading provider of employee internet management software, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2004.
ADVERTISEMENT


Revenue in the fourth quarter was a record $31.7 million, an increase of 40 percent from the fourth quarter of 2003. Fourth quarter net income increased 80 percent from the fourth quarter of 2003, to $8.1 million, or 33 cents per diluted share. For the year, revenue was $111.9 million, an increase of 37 percent from 2003, and net income was $26.2 million, or $1.09 per diluted share, an increase of 57 percent from 2003.

Billings for the fourth quarter were $51.8 million, an increase of 35 percent from the fourth quarter of 2003. Billings represent the full amount of subscription contracts billed to customers during the quarter. The difference between billings booked and revenue recognized in the fourth quarter resulted in an increase in deferred revenue of $20.1 million from the end of September, bringing total deferred revenue to a record $132.3 million at the end of December. For the year, billings totaled $150.2 million, an increase of 35 percent from 2003.

"2004 was an outstanding year for Websense on many levels, and I am extremely pleased with our performance," said John Carrington, chairman and CEO of Websense, Inc. "Because our solutions are capable of filling the time and technology gaps left open by existing security infrastructures, Websense is now considered an integral layer of an enterprise`s security. This has resulted in increased awareness and commitment from our customers, strong renewal rates, an increased attach rate for add-on products and market-leading growth of our installed base of users," Carrington added.

Continued Strong Operating Performance Reflects Balanced Investments in Selling and Marketing and Research and Development

For the fourth quarter of 2004, operating income was a record $11.6 million, or approximately 37 percent of revenue, an increase of 71 percent from the fourth quarter of 2003. Gross margin was 93 percent of revenue, consistent with gross margin levels since early 2002, as the company continues to scale its database and technical support organizations with the increase in its customer base and product offerings, and with the growth of the Internet.

During the quarter, the company continued to invest in research and development, spending $3.8 million, or 12 percent of revenue, to enhance the Websense Enterprise® and Websense® Client Policy Manager(TM) platforms, develop other new and complementary product offerings, increase the number of security platforms integrated with the Websense solution and establish and maintain Websense Security Labs(TM). New and enhanced products introduced during the quarter included Websense Enterprise v5.5, the newest version of the company`s core application and central management console, and the Real Time Security Updates(TM) module, an add-on security module that updates subscribing customers` Security Premium Group(TM) and Client Policy Manager databases in real time as new malicious sites and applications are identified and categorized.

Selling and marketing expense was $12.1 million for the quarter, or 38 percent of revenue, and reflected investments made in worldwide marketing programs, as well as higher commissions paid on seasonally higher billings. Sales and marketing expense typically increases as a percent of revenue in the fourth quarter, reflecting the seasonal surge in billings associated with year-end purchasing by new customers and renewals and upgrades from existing customers. General and administrative expense was $1.8 million, or six percent of revenue.

The company ended the fourth quarter of 2004 with $243.8 million in cash and investments, an increase of $17.9 million from the third quarter, and zero debt. During the quarter, the company generated more than $18 million in net operating cash flow. The company also spent approximately $5.4 million to repurchase 107,500 shares of the company`s common stock at an average price of $50.44. To date, Websense has repurchased 1,006,000 shares out of the two million shares authorized for repurchase by the board of directors.

Fourth Quarter Business Highlights

In addition to record financial results, fourth quarter business highlights included:

* Significant growth in the installed base of customers and seats from
the third quarter of 2004, with seats under subscription increasing by
approximately 1.3 million seats, to 19.8 million, and the number of
customers growing by approximately 700 organizations, to 24,300
worldwide. For the year, the number of customers increased
approximately 3,700 and seats under subscription grew by approximately
3.4 million seats.
* Strong customer renewals, consistent with the recent historical range
of 75 to 80 percent. Revenue recognized from renewed business was
approximately 65 percent of fourth quarter total revenue, compared
with approximately 65 percent in the third quarter of 2004 and
approximately 60 percent in the fourth quarter of 2003.
* An increase in the attach rate for add-on products, including the
Security, Bandwidth and Productivity Premium Groups, to approximately
50 percent from approximately 45 percent in the third quarter of 2004,
and approximately 40 percent in the fourth quarter of 2003.
* Continued growth outside the United States, with international revenue
accounting for 32 percent of total revenue in the quarter, compared to
approximately 32 percent in the third quarter of 2004 and
approximately 32 percent in the fourth quarter of 2003. For the year,
revenue from customers outside the United States contributed
32 percent of the total and grew 41 percent from 2003.
* An increase in the average annualized contract value to approximately
$8,300, compared to $7,200 in the fourth quarter of 2003, and $7,100
in the third quarter of 2004.
* Billings mix of approximately 51 percent one-year subscriptions,
compared to 50 percent in the fourth quarter of 2003, and
approximately 58 percent in the third quarter of 2004, consistent with
historical seasonal trends.
* Growth in the Websense URL database to more than 8 million websites,
classified into more than 90 categories in more than 50 languages.
Additionally, the company has identified and categorized more than
650,000 software applications and executable files in its Client
Policy Manager database, and built a comprehensive database of common
network protocols to manage network policies as well as enable
management of spyware, instant messaging, peer-to-peer file sharing,
streaming media and other non-http traffic.


2004 Business Highlights

In addition to consistently strong quarterly financial performance, business highlights for 2004 included:

* Release of two significant updates to the Websense Enterprise v5
platform, including Websense Enterprise v5.5 in October with automated
security threat updates and real-time alerts, enhanced security
features for mobile users and image search filtering.
* Release of three new security add-on modules, Client Policy Manager,
Instant Messaging Attachment Manager and Real-Time Security Updates,
designed to address the time and technology security gaps in
customers` network security infrastructures.
* Launch of Websense Security Labs to discover, investigate and report
advanced internet threats. Since its launch in August, Websense
Security Labs has issued more than 100 alerts and provided valuable
assistance to industry organizations in identifying new phishing and
malicious websites.
* Planned support for Microsoft`s new Network Access Protection (NAP)
technology. Working within the NAP architecture, Websense`s Client
Policy Manager will help enterprise customers close critical security
gaps at the desktop and provide layered endpoint protection from
emerging and blended security threats.
* Continued expansion of our technology partnership relationships with
key security platform vendors, resulting in integrated support for
Microsoft`s ISA Server 2004, an embedded solution for Network
Appliance`s NetCache platform and an upgraded version of our embedded
solution with Cisco`s Content Engine appliance.
* Confirmation of Websense`s leadership position in the web filtering
market by market research firms IDC and Frost and Sullivan in their
annual studies and market forecasts.
* Numerous awards recognizing product and financial performance,
including:
* PC Week`s Editors` Choice award for Websense Enterprise(R) v5.1
* Reader`s Choice award from WINDOWS IT Pro magazine
* Reader`s Choice award from Windows Server System magazine
* SC Magazine`s "Best Buy" award for instant messaging security
tools
* Forbes magazine`s "Top 25 Technology Companies" list
* Software magazine`s 22nd annual "Top 500" software companies list
* #13 on FORTUNE magazine`s 100 Fastest Growing Companies list
* #11 on FORTUNE Small Business magazine`s "100 Fastest Growing
Small Public Companies" list
* #8 on Business 2.0 magazine`s "100 Fastest Growing Tech Companies"
list


First Quarter 2005 Outlook

Websense provides guidance on its anticipated financial performance for the coming quarter based on its assessment of the current business environment and historical seasonal trends in its business. In providing quarterly guidance, the company emphasizes that its forward-looking statements are based on current expectations and disclaims any obligation to update the statements as conditions change. For the first quarter of 2005:

* Billings are expected to be in the range of $33.5 to $34.5 million.
* Subscription revenue is expected to be in the range of $33 to
$34 million.
* Gross margin is expected to remain consistent with prior quarters at
approximately 93 percent of revenue.
* Operating margin is expected to be approximately 35 percent of
revenue.
* The effective tax rate is expected to be approximately 36 percent.
* Based on the above revenue and expense structure, earnings are
expected to be 33 cents per diluted share.


Additional Corporate Developments

Today, in a separate release, Websense announced that John Carrington and the Websense Board of Directors have initiated a succession process to identify a new chief executive officer for the company. Mr. Carrington and the Board hope to identify the potential successor before January 2006, although there is no deadline for this process. Carrington will remain in his current role as chief executive officer until a successor is identified, and will retain his role as executive Chairman of the Board following the transition. In his role as executive Chairman, Carrington will concentrate on long-term strategic initiatives involving new technology, possible acquisitions and strategic partnerships.

Conference Call

Websense is hosting a conference call and simultaneous webcast today at 5:00 p.m. EST (2:00 p.m. PST), to discuss these results. To participate in the call, investors should dial [phone] (domestic) or [phone] (international) ten minutes prior to the scheduled start of the call. The webcast may be accessed via the internet at www.websense.com/investors. An audio archive of the webcast will be available on the company`s website through March 31, 2005, and a taped replay of the call will be available for one week at [phone] or [phone], passcode 985154.

Non-GAAP Financial Measures

This press release includes financial measures for billings that are not numerical measures that can be calculated in accordance with generally accepted accounting principles (GAAP). Websense has provided this measurement in press releases reporting financial performance, presently and in the past, because this measurement provides a consistent basis for understanding the company`s sales activities in the current period. The company believes the billings measurement is useful to investors because the GAAP measurements of revenue and deferred revenue in the current period include subscription contracts commenced in prior periods. A reconciliation of billings and deferred revenue for the fourth quarter of 2004 is set forth at the end of this press release.

About Websense, Inc.

Websense, Inc. (Nasdaq: WBSN - News), the world`s leading provider of employee internet management solutions, enables organizations to optimize employee use of computing resources and mitigate new threats related to internet use including instant messaging, peer-to-peer, and spyware. By providing usage policy enforcement at the internet gateway, on the network and at the desktop, Websense products enhance productivity and security, optimize the use of IT resources and mitigate legal liability for our customers. For more information, visit www.websense.com.

This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or financial or operating performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at (http://www.sec.gov). Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.

For further information please contact: investors, Kate Patterson, [phone], [e-mail], or media, Brigitte Engel, [phone], [e-mail], both of Websense, Inc.

Tables to follow



Websense, Inc.
Consolidated Income Statements
(Unaudited and in thousands, except per share amounts)

Three Months Ended Twelve Months Ended
December 31, December 31, December 31, December 31,
2004 2003 2004 2003

Revenue $31,688 $22,700 $111,859 $81,734

Cost of revenue 2,301 1,516 7,769 5,523

Gross margin 29,387 21,184 104,090 76,211

Operating expenses:
Selling and
marketing 12,145 9,428 42,625 31,845
Research and
development 3,832 3,295 14,509 12,843
General and
administrative 1,803 1,663 8,200 6,649
Amortization of
stock-based
compensation -- 7 -- 83
Total operating
expenses 17,780 14,393 65,334 51,420
Income from operations 11,607 6,791 38,756 24,791
Other income, net 759 419 2,226 2,292
Income before income
taxes 12,366 7,210 40,982 27,083
Provision for income
taxes 4,230 2,702 14,806 10,395
Net income $8,136 $4,508 $26,176 $16,688

Basic net income per
share $0.35 $0.20 $1.13 $0.76
Diluted net income per
share $0.33 $0.19 $1.09 $0.73

Basic common shares 23,418 22,394 23,080 22,038
Diluted common shares 24,491 23,368 24,114 22,976

Financial Data:
Total deferred
revenue $132,317 $93,960 $132,317 $93,960



Websense, Inc.
Consolidated Balance Sheets
(Unaudited and in thousands)

December 31, December 31,
2004 2003

Assets
Current assets:
Cash and cash equivalents $38,878 $35,324
Investments in marketable securities 204,910 147,535
Accounts receivable, net 44,309 27,999
Income taxes receivable 3,201 --
Deferred income taxes 8,530 8,733
Other current assets 1,525 1,271
Total current assets 301,353 220,862

Property and equipment, net 3,955 2,997
Deferred income taxes, less current portion 9,523 8,672
Deposits and other assets 462 418

Total assets $315,293 $232,949

Liabilities and stockholders` equity
Current liabilities:
Accounts payable $1,100 $743
Accrued payroll and related benefits 7,163 5,241
Other accrued expenses 5,011 3,835
Income taxes payable 1,758 241
Deferred revenue, current portion 90,686 65,480
Total current liabilities 105,718 75,540

Deferred revenue, less current portion 41,631 28,480

Stockholders` equity:
Common stock 245 228
Additional paid-in capital 156,875 120,639
Treasury stock (30,664) (7,684)
Retained earnings 41,907 15,731
Accumulated other comprehensive income (loss) (419) 15
Total stockholders` equity 167,944 128,929

Total liabilities and stockholders` equity $315,293 $232,949



Websense, Inc.
Reconciliation of Billings to Deferred Revenue
(Unaudited and in thousands)

Deferred revenue balance September 30, 2004 $112,186
Billings fourth quarter 2004 51,819
Revenue recognized fourth quarter 2004 (31,688)
Deferred revenue balance December 31, 2004 $132,317




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Source: Websense, Inc.

[panik]

Websense Discusses Web Security and Reiterates Billings and Revenue Guidance at Analyst Meeting
Wednesday February 16, 6:05 pm ET


SAN DIEGO, Feb. 16 /PRNewswire-FirstCall/ -- Websense, Inc. (Nasdaq: WBSN - News), the world`s leading provider of employee internet management software, today hosted a meeting for financial analysts in conjunction with the 2005 RSA Security Conference in San Francisco. At the meeting, management discussed the company`s transition from a web filtering company to a web filtering and web security company, as well as the introduction of the company`s new security suites and support for the latest version of Cisco`s PIX firewall platform.
ADVERTISEMENT


Also at the meeting, management reiterated first quarter guidance for billings of $33.5 million to $34.5 million and guidance for first quarter subscription revenue of $33 million to $34 million. Based on this level of revenue and current expectations for expenses, the company indicated it now expects earnings per diluted share to be 34 cents, compared to prior guidance of 33 cents.

A replay of the audio portion of the meeting will be available on the company`s website at www.websense.com/investors within 24 hours.

Non-GAAP Financial Measures

This press release includes financial measures for billings that are not numerical measures that can be calculated in accordance with generally accepted accounting principles (GAAP). Websense has provided this measurement in press releases reporting financial performance, presently and in the past, because this measurement provides a consistent basis for understanding the company`s sales activities in the current period. The company believes the billings measurement is useful to investors because the GAAP measurements of revenue and deferred revenue in the current period include subscription contracts commenced in prior periods. A reconciliation of historical billings and deferred revenue is available on the investor relations section of the company`s website.

About Websense, Inc.

Websense, Inc. (Nasdaq: WBSN - News), the world`s leading provider of employee internet management solutions, enables organizations to optimize employee use of computing resources and mitigate new threats related to internet use including instant messaging, peer-to-peer, and spyware. By providing usage policy enforcement at the internet gateway, on the network and at the desktop, Websense products enhance productivity and security, optimizes the use of IT resources and mitigates legal liability for our customers. For more information, visit www.websense.com.

(C) 2005, Websense, Inc. All rights reserved. Websense and Websense Enterprise are registered trademarks of Websense, Inc. in the United States and certain international markets. Websense has numerous other unregistered trademarks in the United States and internationally. All other trademarks are the property of their respective owners.
This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense`s results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or financial or operating performance; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, customer acceptance of the company`s services, products and fee structures; the success of Websense`s brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company`s products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense`s public filings with the Securities and Exchange Commission, available at (< http://www.sec.gov >. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.

INVESTOR CONTACT:
Kate Patterson
Websense, Inc.
[phone]
[e-mail]

MEDIA CONTACT:
Brigitte Engel
Websense, Inc.
[phone]
[e-mail]




--------------------------------------------------------------------------------
Source: Websense, Inc.