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June 3, 2008 Press Release

V.i. Labs Appoints New Sales and Finance Leadership to Executive Team

Industry Veterans Tim Bridge and Kevin Ball to Help Company Achieve Continued Growth, Customer Service and Profitability


Waltham, Mass — June 3, 2008 - V.i. Laboratories, Inc. (“V.i. Labs”), a provider of software protection solutions for securing high-value and mission-critical applications, announced that Tim Bridge has joined the company as vice president of sales, while Kevin Ball will lead the company’s efforts as vice president of finance. Both Bridge and Ball will report to V.i. Labs’ President and CEO, Joe Noonan.

“Tim brings us more than 20 years of sales and executive management experience in developing new markets and building sales teams,” Noonan said. “He is the right person to assume responsibility for building and managing our sales team. Tim will play a key role in developing client relationships and trusted partnerships to grow our profitability, revenue and client satisfaction.”

Prior to joining V.i. Labs, Bridge was Senior Vice President of Sales at Black Duck Software, the leader in software license compliance management solutions. He has extensive early stage company experience working with ISVs and enterprise customers and in four years at Black Duck he led the growth of the company from 0 to more than 600 customers and achieved greater than 100% annual revenue growth. He was also Vice President of Worldwide Sales at Reasoning, Inc., based in Mountain View, Calif. and spent seven years at San Jose-based Mainsoft Corporation as Vice President of Worldwide Sales. Bridge also served in senior sales positions with Tricord Systems and Prime Computer/ComputerVision.

Kevin Ball, who also joins V.i Labs as vice president of finance, brings 17 years of executive-level finance and operations experience. Prior to joining V.i. Labs, Ball was VP of Finance and CFO for Nation One Mortgage, a $400 million wholesale mortgage lender. He was also CFO for Skyward Consulting Group, a provider of sales consulting, training and outsourcing solutions, and held executive-level positions for the U.S. subsidiary of Getronics NV, a provider of software solutions and managed services located in the Netherlands, and Logica plc, a London-based software consultancy and systems integration company.

“Kevin will be responsible for all financial and fiscal management aspects of our company's operations,” Noonan said. “He brings us added strength through a demonstrated track record in achieving sustained growth and profitability.”

About V.i. Laboratories (V.i. Labs)
V.i. Labs provides software protection solutions that protect against the misappropriation and theft of intellectual property resident in software applications. Through V.i. Labs’ patent-pending technology, software vendors, embedded system providers, enterprise organizations and government agencies are able to easily secure their software against the threat of piracy, tampering and theft, independent of where the applications are distributed. V.i. Labs is privately held and is headquartered in Waltham, Mass. For more information please visit www.vilabs.com.

©2008 V.i. Laboratories, Inc. All rights reserved. V.i. Labs, the V.i. Labs logo, and CodeArmor are trademarks or registered trademarks of V.i. Laboratories, Inc. All other product and brand names herein are trademarks or registered trademarks of their respective owners.

Contacts:
Michael Goff
V.i. Laboratories, Inc.
781.398.3451
mgoff[at]vilabs.com

Randi Sussman/Aidan Bradley
PAN Communications
978.474.1900
vilaboratories[at]pancomm.com