BALTIMORE, Maryland –February 23, 2004 – SafeNet (NASDAQ: SFNT), a leading provider of private and public network security solutions that set the standard for securing virtual private and wide area networks, today announced that SafeNet's CGX Mobile Library has been selected by NEC Electronics for its wireless chip sets. Built upon the successes of SafeNet's CGX Cryptographic Library, CGX Mobile Library provides developers with cryptographic security designed for small footprint environments such as mobile phones and PDAs.
"Based on our accomplishments with our CGX Cryptographic Library in networking applications, we recently launched CGX Mobile to answer the demands on mobile developers for solid security on wireless applications. We are pleased to announce that the CGX Mobile Library has been chosen by NEC Electronics for their wireless chip sets", said David Potts, Senior Vice President and General Manager for SafeNet's Embedded Security Division. "NEC Electronics is a key player in the wireless hardware market, and their licensing of CGX Mobile is a further illustration of the need for security on mobile devices."
CGX Mobile allows NEC Electronics to offer third-party application developers and their customers the ability to create secure applications on platforms using NEC Electronics' chips. CGX Mobile is optimized for the platform, thus providing superior performance. CGX Mobile was chosen by NEC Electronics because it has an easy-to-use API, allowing easy integration of third party applications. In addition, CGX Mobile also provided a hardware interface, making it an optimal solution for hardware vendors.
About CGX Mobile Library
SafeNet's CGX Mobile Library is a hardware-enabled cryptographic library, specifically designed to meet the needs of the mobile community—it is designed for devices with code size as small as 64kb. Providing a complete set of cryptographic operations needed to secure today’s wireless data networks, the CGX Mobile Library is based on SafeNet’s FIPS certified CGX Cryptographic Library, and provides essential security functions like initialization, random number generation, public key cryptography, hashing, and symmetric key encryption. CGX Mobile Library also allows for future upgrades with integrated support for hardware-based cryptographic accelerators. CGX Mobile Library can reduce development risk, cost, and time, allowing OEM developers to deliver wireless products to market faster. It provides consistent APIs and compatible security services between different chip versions and across different chip vendor architectures.
About SafeNet, Inc.
SafeNet, Inc. (NASDAQ: SFNT), a leading provider of private and public network security solutions, has set the industry standard for VPN technology and secure business communications and offers the only encryption platform for both WAN and VPN networks. With more than 20 years experience in developing, deploying, and managing network security systems for the most security-conscious government, financial institutions, and large enterprise organizations around the world, SafeNet's proven technology has emerged as the de facto industry standard for VPNs. SafeNet is the single-source vendor for WAN and VPN security solutions teamed with an easy and low-cost migration path to a broad range of VPN products. SafeNet security solutions, based on SecureIP Technology™, and part of the CGX Security Platform, have become the products of choice for leading Internet infrastructure manufacturers, service providers, and security vendors. Securing the infrastructure of today's e-business communications as well as leading the way in government Homeland and classified data security, SafeNet has opened new markets for interoperable, secure, and deployable VPN communications. Commercial customers include Texas Instruments, Microsoft, Samsung, Centillium Communications, ARM, and Cisco Systems. Government, financial, and large enterprise customers include the National Security Agency, Federal Bureau of Investigation, U.S. Postal Service, U.S. Department of Defense, U.S. Internal Revenue Service, Social Security Administration, Bank of America, Eastman Kodak, Hewlett-Packard, and Motorola. For more information, visit www.safenet-inc.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
The statements contained in this release, which are not historical facts, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include contract termination risks, risks associated with acquiring other companies, including integration risks, and other risks described in SafeNet's Securities and Exchange Commission filings.
Editor’s Note: SafeNet is a registered trademark and SecureIP Technology is a trademark of SafeNet, Inc. All other trademarks are the property of their respective owners.
English
