SafeNet Makes Available New, Stronger Industry Standard Algorithm

SHA-256 Hashing Algorithms Are Used in SafeNet's Networking Solutions for More Secure Digital Signatures, VPNs, and Online Transactions

BALTIMORE, Maryland - April 4, 2005 - SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, announced today the availability of several networking solutions products which include the National Institute of Standards & Technology (NIST) SHA-256 Secure Hashing Algorithm. This algorithm is the next generation answer beyond SHA-1 for data protection.

"As companies assess recent concerns with the security of SHA-1, SafeNet has already implemented the stronger SHA-256 algorithms into many of our products," said Henk Pruim, Vice President and General Manager for SafeNet's OEM/Networking Business Unit. "Companies wishing to upgrade their security for digital signatures, password verification, online transactions and VPN systems can now do so with our networking solutions."

The SHA-256 algorithms are available today to OEM customers using SafeNet's industry leading QuickSec Security Toolkits as well as SafeNet's silicon-proven SafeXcel IP products for Semiconductor OEMs. In addition, all of SafeNet's Luna hardware security appliances and PCI cards include SHA-256 hashing algorithms.

Hashing algorithms are a crucial component of secure network solutions. They take information and translate it in strings of ones and zeros, or bits, creating a unique "fingerprint" of a file. These algorithms are used for digital signatures, password verification, and public key infrastructures to assure that data has not been tampered with in transit.

SafeNet offers OEMs a wide range of security product choices to build advanced networking solutions, including intellectual property and chips for hardware acceleration as well as upper layer APIs, protocol stacks, and software toolkits. SafeNet's proven IP designs have been deployed in millions of consumer and enterprise systems around the world. They are a key component of SafeNet's fully integrated security systems for VPN, Firewall, and Intrusion Prevention solutions.

About SafeNet, Inc.
SafeNet is a global leader in information security. Founded more than 20 years ago, the company provides complete security utilizing its encryption technologies to protect communications, intellectual property and digital identities, and offers a full spectrum of products including hardware, software, and chips. ARM, Bank of America, NetGear, the Departments of Defense and Homeland Security, Adobe, Samsung, Texas Instruments, the U.S. Internal Revenue Service and scores of other customers entrust their security needs to SafeNet. 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. Important factors that could cause actual results to differ materially are included but are not limited to those listed in SafeNet's periodic reports and registration statements filed with the Securities and Exchange Commission. The Company assumes no obligation to update information concerning its expectations.

Editor's Note: SafeNet is a registered trademark and SafeXcel is a trademark of SafeNet, Inc. All other trademarks are the property of their respective owners.