Levi & Korsinsky, LLP Investigates Breach of Fiduciary Duty by the Board of Secure Computing Corp.

Tue. September 23, 2008; Posted: 07:37 PM

NEW YORK, Sep 23, 2008 (GlobeNewswire via COMTEX) -- SCUR | Quote | Chart | News | PowerRating -- Levi & Korsinsky ("L&K") is investigating breaches of fiduciary duty and other violations of state law by the Board of Directors of Secure Computing Corp. ("Secure Computing" or the "Company") (Nasdaq:SCUR) arising out of their attempt to sell the Company to McAfee. Under the terms of the agreement, Secure Computing shareholders would receive $5.75 in cash per share for a total sale price of approximately $465 million. The price is unfair given that the Company's share price traded at $7.00 as recently as May 2008. Furthermore, the sales process the Company conducted was flawed given that, in contravention of their fiduciary duties to maximize shareholder value, the Company's Board agreed to a "no-shop" provision and a $16.13 million termination fee which will ensure no superior offer will ever be forthcoming. The proposed acquisition is subject to customary conditions and regulatory approvals.

If you own common stock in Secure Computing and wish to obtain additional information, please contact us at the number listed below or visit http://www.zlk.com/scur.html

Levi & Korsinsky has experience in prosecuting investor securities litigation and an extensive practice in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP Eduard Korsinsky, Esq. Juan E. Monteverde, Esq. (212) 363-7500 Fax: (212) 363-7171 www.zlk.com 39 Broadway, Suite 1601 New York, NY 10006

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