ENDACE LIMITED

SENIOR MANAGEMENT APPOINTMENT

Endace (LSE: EDA), a world leader in network monitoring solutions, announces the appointment of Kevin Formby as VP Business Development.

Mr. Formby, who has deep experience in the field of high performance trading technologies, joins Endace from Radianz, where he most recently served as Head of Business Development for Radianz services. In 2000 he was part of the original management team that created Radianz, which went on to become the standard means of interconnecting clients for electronic trading. During his ten years at Radianz, he held a series of senior management roles including Head of U.S. Sales, Head of European Sales and Head of Business Development.

Mike Riley, CEO of Endace commented:

"There is a clear shift in the trading market as organizations are trading on more exchanges. Latency monitoring gives companies a competitive advantage with deep analysis of packet and trade information.  Endace's 100 percent packet capture and nano-second time stamping at 10Gb/s, puts us at a competitive advantage over other vendors.

"We are experiencing strong interest for our Latency Monitoring and packet capture products within the high performance trading sector of the Financial Services market.  Kevin will help develop and expand our product and service offerings and his appointment brings further skills and experience to our already strong financial services team."

Kevin Formby said:

"Financial services companies understand that to properly evaluate the networks powering their trading systems, they need to capture each and every packet of network data. Endace has the fundamental technology to manage 100 percent packet capture. The applications on top of this foundation are significant and numerous, and I look forward to helping clients leverage the advanced Endace capabilities in this market."

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About Endace

For organisations that rely on their IP networks to do business, Endace provides high performance traffic analysis, latency measurement, network security and application acceleration solutions that capture, inspect and report on every single data packet. Our product portfolio includes high-speed packet capture technology, open development environments, multi-function network monitoring appliances and a comprehensive range of powerful yet intuitive management, measurement, alerting and analysis applications. We enable our customers to be confident in their service performance, traffic monitoring, information security, and regulatory compliance. Based in Auckland, New Zealand, Endace also has offices in the UK and USA. Quoted on AIM, the stock code is LSE: EDA. For further information: http://www.endace.com

Endace, the Endace logo, DAG and NinjaProbe are trademarks or registered trademarks in New Zealand or other countries of Endace Technology Limited.  All other trademarks may be the property of their respective holders.