CRYPTEK HIRES NEW CHIEF FINANCIAL OFFICER Mark Paiewonsky joins Cryptek as Chief Financial Officer

    /24-7PressRelease/ - STERLING, VA, June 18, 2007 - CRYPTEK, Inc., a privately held developer and provider of security products and solutions announced today the hiring of Mark Paiewonsky as Vice President and Chief Financial Officer. Mr. Paiewonsky joins Cryptek with over 20 years of experience in financial management, mergers & acquisitions, International business, SEC reporting, and auditing.

"During the First Quarter of 2007, Cryptek completed two acquisitions, one of which is an international subsidiary, and the Company completed a significant funding round." States Bill Anderson, CEO & President of Cryptek. "We are now poised for significant growth as we execute the current Cryptek Business Plan. This includes expanding our current customer base both domestically and globally, as well as the development of key solutions to address growing needs within the Security Market. Mr. Paiewonsky brings the knowledge and dedication that Cryptek is looking for in a CFO who will assist us in achieving our goals and objectives."

"I am excited to be joining the Cryptek team," adds Mark Paiewonsky. "Cryptek has a strong business plan, innovative technology, a loyal customer base and an experienced and dedicated team which is positioned to perform as a leader in the security market."

Prior to joining Cryptek, Mr. Paiewonsky held multiple management positions at TREEV LLC, Globalink, Inc., Best Software, Inc., and Arthur Andersen LLP. He graduated from the University of North Carolina with a Bachelor of Science in Business Administration and a concentration in Accounting. He is a licensed Certified Public Accountant with the Virginia Board of Accountancy.


ABOUT CRYPTEK: Cryptek, Inc., a privately held manufacturer and solutions integrator, is recognized as an industry leader of dynamic and trusted identity and access control solutions and TEMPEST products. With over 20 years of experience in developing and delivering security solutions, Cryptek has worked with numerous U.S. Defense & Federal Civilian agencies. Partnered with the industries top software and hardware manufacturers, Cryptek offers customers advanced security solutions to meet their ever growing needs. Current Cryptek solutions have been awarded an EAL 4 rating from Common Criteria (CC) and numerous cryptographic module evaluation certificates as part of the National Institute of Standards and Technology (NIST) Federal Information Processing Standards Publication (FIPS PUB140). For more information, please visit the Cryptek web site at www.cryptek.com

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