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SafeNet News |
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Department of Defense Awards Enhanced Crypto Card Development Contract to SafeNet
$7.7M Contract to Develop Cryptographic Modernization FORTEZZA Plus Crypto Card
BALTIMORE, Maryland — March 14, 2005— SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, announced that it’s subsidiary, Mykotronx, Incorporated (A SafeNet Company), was awarded a contract from the Department of Defense (DOD) to develop the Enhanced Crypto Card (ECC). The ECC is the next-generation version of SafeNet’s highly successful FORTEZZA Plus Crypto Card.
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SafeNet Chairman Tony Caputo to Keynote at the Federal Financial Institutions Examinations Council Symposium
Baltimore, Maryland, March 10, 2005 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that SafeNet Chairman and CEO Tony Caputo will present the keynote speech at the Federal Financial Institutions Examinations Council (FFIEC) Symposium on Monday, March 14, 2005, being held at the FDIC – L. William Seidman Center in Arlington, Virginia.
The FFIEC Symposium will address the problem of identity theft and seeks to provide guidance to the financial services industry on ways to combat and reduce the impact of this issue.
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SafeNet to Present at Lehman Brothers Global Software and IT Services Conference
BALTIMORE, Maryland — March 7, 2005 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that SafeNet will present Tuesday, March 8, 2005 at 11:00 a.m. PST at the Lehman Brothers Global Software and IT Services Conference, being held at the Ritz-Carlton in Half Moon Bay, California.
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SafeNet Announces Results of Second Annual Global Password Survey
2004 Results Indicate Increased Concern by Enterprise Management; Employees Not Diligent Enough
BALTIMORE, Maryland – March 7, 2005 – SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, today announced the results of its second annual global password survey.
Tony Caputo, SafeNet Chairman and CEO, said of the results, "This survey reinforces what we hear from customers about their information security concerns – that passwords alone do not provide sufficient security. That's why our USB token, smart card and other authentication products and solutions are in such demand.
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SafeNet to Present at the Deutsche Bank Global Software and IT Conference
BALTIMORE--(BUSINESS WIRE) - March 4, 2005 -SafeNet, Inc. (NASDAQ:SFNT - News), setting the standard for information security, today announced that SafeNet will present on Tuesday, March 8, 2005 at 1:35 pm at the Deutsche Bank Global Software and IT Conference, being held at The Mandarin Oriental Hotel, Miami, FL, from March 7 - 10, 2005.
Anthony Caputo, Chairman and CEO, will provide an overview of the Company.
A live audio webcast of the presentation will be available on Full Story |
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SafeNet to Present at the Raymond James & Associates 26th Annual Institutional Investor Conference
Baltimore, Maryland, March 3, 2005 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that SafeNet will present on Monday, March 7, 2005 at 8:40 am at the Raymond James & Associates 26th Annual Institutional Investors Conference, being held at the Hyatt Regency Grand Cypress in Orlando, Florida, from March 6 – 9, 2005.
Anthony Caputo, Chairman and CEO, will provide an overview of the Company.
A live audio webcast of the presentation will be available on Full Story |
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SafeNet Launches Ground-breaking Borderless Security Platform at RSA Conference
New Modular Platform Fuses Authentication, Single Sign-On, Authorization and Confidentiality
BALTIMORE, Maryland - Feb. 15, 2005 - SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced it's Borderless Security Platform, a new approach to Information Security that combines authentication, authorization, and confidentiality wrapped in a robust management system, at the RSA Conference being held in San Francisco at the Moscone Convention Center from February 15 - 18, 2005.
The SafeNet Borderless Security Platform enables granular authentication and authorization to applications, files, and networks, and provides enforcement of role and risk-based authorization policies.
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SafeNet to Showcase Security Expertise at RSA Conference
SafeNet to Launch Groundbreaking Security Offering; SafeNet Wireless Expert Bill Anderson to Present on Secure Mobility
BALTIMORE, Maryland – February 10, 2005 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced plans to launch a new security initiative which integrates products and technologies from SafeNet and its acquired companies at the RSA Conference being held in San Francisco at the Moscone Convention Center from February 14 - 18, 2005. Additionally, SafeNet executive Bill Anderson will be presenting at the RSA Conference on secure mobility.
SafeNet will introduce a new security solution that removes the constraints of traditional perimeter-based security products.
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SafeNet and Philips Collaborate to Deliver Secure DRM Solution to the Mobile Market
SafeNet’s SafeZone Software and Philips Trust v2 DRM Agent meet market need for Flexible Security and Content Protection
BALTIMORE, Maryland – February 8, 2005 – SafeNet (NASDAQ: SFNT) today announced that Royal Philips Electronics (NYSE: PHG, AEX: PHI) selected SafeZone Software to provide the security foundation for Philips Trust v2 DRM Solution. SafeNet and Philips will jointly deliver an integrated solution to the OEM marketplace.
The cooperation between Philips Software, a leading supplier of mobile multimedia and security solutions, and SafeNet, setting the standard for information security, marks an important step forward in providing secure content management solutions that enable mobile device makers to get to market quickly. This partnership combines Philips’ strong position in Digital Rights Management (DRM) and SafeNet’s proven expertise in security solutions, to create a secure, flexible and interoperable OMA DRM v2 compliant solution which is fully pre-integrated and ensures seamless platform portability.
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SafeNet Luna Cryptographic Platform Enters Common Criteria and SigG Evaluation Process
SafeNet is First to Join Common Criteria and SigG for Identity Management HSMs; Serves Critical Markets with High Assurance Capabilities
Baltimore, MARYLAND, February 7, 2005 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that the cryptographic platform on which the Luna SA and SP hardware security modules are based, has entered Common Criteria (CC) and German Digital Signature Law (SigG) evaluation process. Already FIPS 140-2 Level 2 and 3 certified, SafeNet’s Luna HSM line are the first HSM devices to enter the testing phase for CC and SigG certification.
Common Criteria was developed through collaboration among national security and standards organizations within Canada, France, Germany, the Netherlands, the United Kingdom and the United States, as a common standard to replace their existing security evaluation criteria.
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SafeNet to Present at Kaufman Bros. Internet and Security Conference
Baltimore, Maryland, February 3, 2005 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that SafeNet will present on Tuesday, February 8, 2005 at 10:20 am at the Kaufman Bros., L.P.
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Tally Solutions Selects SafeNet for Software Security Solution
SafeNet to Provide Security Expertise for Licensing Framework for Tally Products
Baltimore, Maryland, February 1, 2005 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that it has been chosen by Tally Solutions Pvt. Ltd., India's biggest and most successful business accounting software, to help define software security mechanisms for Tally's products.
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SafeNet Reports Fourth Quarter and 2004 Financial Results
Company Reports Record Revenues and EPS; Increases 2005 Revenue Guidance to $255 to $275 Million
BALTIMORE, Maryland — February 1, 2005 — SafeNet (NASDAQ: SFNT), setting the standard for information security, today announced results for the fourth quarter and year ended December 31, 2004.
Revenues for the three-month period ended December 31, 2004, increased 241% to $63.8 million, compared to $18.7 million for the same period in 2003.
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SafeNet Appoints Senior Vice President of Worldwide Sales
Former BMC Software and IBM executive appointed to lead expanded sales organization
Baltimore, Maryland–January 31, 2005–SafeNet (NASDAQ: SFNT), setting the standard for information security, today announced the appointment of Steve Lesem as Senior Vice President of Worldwide Sales, to lead the global sales force.
In this newly created position, Mr. Lesem's responsibilities include delivering the company's overall revenue and senior sales leadership across all business lines globally. He will also interface with the business unit product and marketing groups to ensure all SafeNet products are represented in the marketplace.
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SafeNet Announces Version 2.0 of SafeZone IP
New Version Allows Organizations to Easily Integrate Embedded Security Into Chips for Mobile, Enterprise, and Consumer Electronics Markets
Baltimore, Maryland – January 27, 2005 – SafeNet (NASDAQ: SFNT), setting the standard for information security, today announced version 2.0 of its SafeZone™ IP, license-ready security blocks, for semiconductor manufacturers to provide the highest levels of security necessary to protect revenues and meet compliance requirements in the mobile, consumer entertainment, and enterprise markets.
SafeZone IP 2.0 is the embedded hardware security foundation for all security-sensitive applications such as digital rights management (DRM), mobile commerce enterprise, and anti-fraud solutions.
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SafeNet Releases New Version of Sentinel License Manager
Version 8.0 meets customer demands with innovative licensing models, enhanced ease of use, and more rapid deployment.
Baltimore, MARYLAND – January 26, 2005– SafeNet (NASDAQ: SFNT), setting the standard for information security, today announced Version 8.0 of its Sentinel LM (license manager).
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SafeNet Partners with Wireless Industry Experts to Present “The Mobile Content Security Forum” During 3GSM World Congress 2005
Executives from The Walt Disney Company, Philips, Texas Instruments, and SafeNet to speak on DRM solutions, wireless security and content protection
Baltimore, Maryland, January 20, 2005 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that SafeNet will host "The Mobile Content Security Forum" during the 3GSM World Congress 2005 in Cannes, France on Wednesday, February 16, 2005 at 1:00 pm. Presentations will be made by The Walt Disney Company, Texas Instruments, Philips, and SafeNet.
"The Mobile Content Security Forum" will educate attendees through active discussion and presentations on:
- Mobile security's increasing impact on wireless revenues from services such as mobile gaming, video, and MP3 downloads
- How Digital Rights Management (DRM) and secure mobile platforms can protect premium content, reduce fraud and increase revenues
- Enabling a secure m-commerce environment for consumer and enterprise applications
- Reducing handset theft and services fraud for carriers
- Minimizing support costs and improving service quality
Company presentations include:
"Bringing the Magic of Disney to the Mobile World"
– The Walt Disney Company (NYSE: DIS)
"Digital Rights Management - Migrating OMA DRM from Technology to Business Enabler"
– Philips (NYSE: PHG, AEX: PHI)
"System-Level Security for ARPU-Generating 3G Applications and Financial Transactions"
– Texas Instruments (NYSE: TXN)
"Top 10 Security Issues for OMA DRM v2 and CMLA Compliance"
– SafeNet
Following the presentations, there will be an opportunity to see next generation wireless security and DRM solution demonstrations and learn more about key product announcements from industry leaders.
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SafeNet Sentinel Named Finalist for SIIA Codie Awards
Newly Announced Sentinel UltraPro a Finalist for Best Digital Rights Management Solution
Baltimore, Maryland, January 19, 2005 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that its Sentinel UltraPro Software Protection product is a finalist for the SIIA Codie Awards in the Best Digital Rights Management Category.
"The Codie Awards are very distinguished in our industry and we're excited to be named a finalist in the DRM category," said Prakash Panjwani, Vice President and General Manager for SafeNet's Rights Management Business Unit. "UltraPro is designed to provide our customers highly secure DRM solutions, which are easy to use and also enable rapid deployment of some commonly used business models.
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US Air Force Places Second Order For SafeNet Modules
SafeNet Subsidiary Mykotronx Receives $7.25M Delivery Order
Baltimore, MARYLAND — January 18, 2005— SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, announced that the United States Air Force (USAF) has placed its second order for key management modules under a multi-year production contract to SafeNet subsidiary Mykotronx, Inc. The value of the order is $7.
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Sumitomo Electric Networks Selects SafeNet to Power Broadband xDSL Appliances
Baltimore, Maryland - January 12, 2005 - SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, today announced that Sumitomo Electric Networks (SEN), a leading manufacturer of broadband access communications equipment, has selected SafeNet's QuickSec for Access Networks to power their new line of Fiber-to-the-Home (FTTH) routers.
Combining high impact features like IKEv2 and IPv6 with integration, support and portability unmatched in the industry, QuickSec for Access Networks is enabling SEN to extend their leadership in the broadband FTTH appliance market.
"We selected SafeNet's QuickSec because it provides strong support for IPv6 and proved to be remarkably easy to integrate with the VxWorks PCD platform for consumer devices," said Singo Hara, President for SEN.
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SafeNet to Present at Seventh Annual Needham Growth Conference
Baltimore, Maryland, January 11, 2005 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that SafeNet will present on Wednesday, January 12, 2005 at 8:30 am at the Seventh Annual Needham Growth Conference, being held at the New York Palace Hotel, in New York City, New York, from January 10-14, 2005.
Anthony Caputo, Chairman and CEO of SafeNet and Ken Mueller, Senior Vice President and CFO, will provide an overview of the Company.
A live audio webcast of the presentation will be available on Full Story |
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SafeNet Announces Fourth Quarter and Year-End 2004 Earnings Conference Call
BALTIMORE, Maryland — January 6, 2005 — SafeNet (NASDAQ: SFNT), setting the standard for information security, will discuss the fourth quarter and year-end 2004 financial results at its quarterly conference call scheduled for February 01, 2005 at 5:00 pm EST.
To join SafeNet in the conference call, dial 1-888-396-2298 and use passcode 67037754 within the United States. If you are calling from outside the U.S.
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SafeNet SafeEnterprise SSL iGate Receives VPNC Certification for Real-World Usability Tests
One of the first companies to pass VPNC's, International Trade Association for Manufacturers in the VPN market, new SSL Portal and SSL Exchange logo programs
BALTIMORE, MD -December 21, 2004 - SafeNet, Inc., setting the standard for information security, today announced that its SafeEnterprise™ SSL iGate gateway received certification from the Virtual Private Network Consortium (VPNC) for its real-world usability. The VPNC has extended its interoperability program to include SSL security, and is issuing two new logo programs- the SSL Portal and SSL Exchange Logos. SafeNet is one of the first nine companies to recently receive these additional logos for its SSL iGate.
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SafeNet Releases Expanded Line of High Performance SafeXcel IP Security Engines
Advanced Features and Streamlined Licensing Model Designed for Networking Equipment OEMs
BALTIMORE, Maryland, December 20, 2004 - SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced the availability of an expanded line of proven SafeXcel IP Security Engines in response to customer demand for new features, performance improvements and streamlined, cost-effective licensing. These OEM-ready, off-the-shelf IP Security Engines are based on SafeNet’s proven designs, which are deployed in millions of consumer and enterprise systems around the world.
The SafeXcel IP Security Engines offer semiconductor designers a faster, more reliable, and more cost effective solution versus in-house designs.
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Datakey, Inc. Announces Completion of Acquisition by SafeNet, Inc.
BALTIMORE, Maryland, December 15, 2004 - Datakey, Inc. (OTCBB: DKEY) today announced that its shareholders voted in a special meeting held today to approve the merger of a wholly-owned subsidiary of SafeNet, Inc. (NASDAQ: SFNT) with and into Datakey and that the merger was completed today. As previously announced, SafeNet acquired approximately 75% of Datakey's common stock for $0.
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SafeNet Wins SC Magazine's Best of 2004 Awards for SafeEnterprise SSL iGate and Luna SA
BALTIMORE, MD – December 14, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that its SafeEnterprise™ SSL iGate gateway and Luna SA Hardware Security Module (HSM) were selected by SC Magazine for their "Best of 2004" annual December issue.
Throughout 2004, SC Magazine tested hundreds of new information security products and recommended the best products for their reader's various needs. The December issue of SC Magazine contains the definitive guide to the best security products of 2004.
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K-Micro (Kawasaki Microelectronics) Licenses SafeNet's SafeXcel IP Security Engines for its ASIC IP Portfolio
SafeNet Technology Enables K-Micro Customers to Design ASICs for Secure Networking and Office Automation Products
Baltimore, Maryland and San Jose, California, December 8, 2004 – K-Micro (Kawasaki Microelectronics), a leader in advanced yet affordable ASICs, and SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that K-Micro has licensed SafeNet's SafeXcel IP Security Engines technology to add to its ASIC intellectual property (IP) portfolio to integrate powerful and cost-effective security into ASICs for applications such as office automation and secure networking products.
"Our customers need a powerful yet cost-effective cryptographic hardware acceleration solution to protect network communications via standard security protocols and to encrypt sensitive data stored in network printers," said Sunil Baliga, vice president of marketing and business development at K-Micro. "SafeNet's technology is silicon-proven; they are a profitable, financially sound company with an international presence.
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SafeNet to Present at MIT CFO Summit, Competing in a Changed World
Ken Mueller Joins CEOs and CFOs for an Exclusive Conference on Globalization, Leadership and Risk Management
Baltimore, Maryland, November 17, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that SafeNet's CFO Ken Mueller will be speaking at the MIT Sloan CFO Summit on November 19, 2004 at the Newton Marriot in Newton, MA.
Mr. Mueller will participate in a discussion of "The CFO's Decision in IT Security," with MIT professor, Dr.
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SafeNet to Present at American Electronics Association Classic Financial Conference
Baltimore, Maryland, November 5, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that SafeNet will present on November 8 - 9, 2004 at American Electronics Association (AeA) Classic Financial Conference being held at the Hyatt Regency Hotel, in Monterey, California, from November 7 -10, 2004.
Anthony Caputo, Chairman and CEO of SafeNet, will provide an overview of the Company.
A live audio webcast of the presentation will be available on SafeNet's Investor website at Full Story |
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SafeNet to Present at Raymond James Small Cap Best Ideas Forum
Baltimore, Maryland, November 3, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that SafeNet will present on November 4, 2004 at 1:00 pm EST at the Raymond James Small Cap Best Ideas Forum, being held at the State Room, in Boston, MA.
Carole Argo, President and COO of SafeNet, will provide an overview of the Company and participate in a question and answer session.
About SafeNet, Inc.
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SafeNet SafeEnterprise SONET Encryptors Selected By Fifth Third Bank
SafeEnterprise Secures High Speed SONET Transmissions
BALTIMORE, MD – November 1, 2004 –SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that its new SafeEnterprise™ SONET Encryptor was selected by Fifth Third Bank. The SafeEnterprise SONET Encryptor was just announced a week ago and was also selected by the Department of Defense to secure high-speed transmissions.
Rated number one by Fortune Magazine, Fifth Third provides banking, investment and electronic payment processing services to 5.
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SafeNet to Present at Morgan Stanley Software, Services, Internet & Networking Conference
Baltimore, Maryland, November 1, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that SafeNet will present on November 2, 2004 at 4:00 pm MST at the Morgan Stanley Software, Services, Internet & Networking Conference, being held at the Phoenician Resort, in Scottsdale, Arizona, from November 1-3, 2004.
Carole Argo, President and COO of SafeNet and Ken Mueller, Senior Vice President and CFO, will provide an overview of the Company.
A live audio webcast of the presentation will be available on SafeNet's Investor website at Full Story |
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SafeNet Reports Third Quarter Financial Results
Company Reports Record Adjusted EPS of $0.39; Exceeds Guidance
BALTIMORE, Maryland—October 28, 2004— SafeNet (NASDAQ: SFNT), setting the standard for information security, today announced results for the third quarter ended September 30, 2004.
Revenues for the three-month period ended September 30, 2004, increased 242% to $59.5 million, compared to $17.
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SafeNet SafeEnterprise SONET Encryptors Selected by Department of Defense
SafeEnterprise Provides High Speed Secure Connections at Speeds up to 10 Gbps
BALTIMORE, MD – October 28, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that its new SafeEnterprise™ SONET Encryptor was selected by the U.S. Department of Defense.
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SafeNet, Inc. Announces Completion of Tender Offer for Datakey, Inc.
BALTIMORE, Maryland, October 27, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that it has completed the cash tender offer to acquire all outstanding common stock of Datakey, Inc. (OTCBB:DKEY) for $0.65 net per share and all of the outstanding convertible preferred stock of Datakey for $2.
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SafeNet Announces SafeEnterprise SONET/SDH Encryptors
New Family of Encryption Appliances Allow Secure Communications At Speeds Up To 10 Gigabits
Company Expects a Minimum of $50 Million in Revenue from New Product Line
BALTIMORE, Maryland, October 20, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced the release of the SafeEnterprise™ SONET/SDH Encryptors, a family of high-performance encryption appliances designed to secure Synchronous Optical Network (SONET) and Synchronous Digital Hierarchy (SDH) networks at various speeds up to 10 Gbps. The SafeEnterprise SONET/SDH encryptors, which come in four varieties at speeds of OC3, OC12, OC48 and OC192, are centrally managed under the SafeEnterprise Security Management Center (SMC), the only enterprise security management application on the market that provides a single, dedicated application for securely managing appliances for IP, ATM, Frame, Link, and now SONET/SDH networks.
SONET Background
SONET is the mainstay of optical networking technology with almost 70% of new optical equipment sales designed for SONET networks, according to Infonetics Research.
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SafeNet, Inc. Announces Extension of Tender Offer for Datakey, Inc.
BALTIMORE, Maryland, October 20, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that it will extend the cash tender offer by Snowflake Acquisition Corp., its wholly-owned subsidiary, to acquire all outstanding common stock of Datakey, Inc. (OTCBB:DKEY) for $0.
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SafeNet Announces Third Quarter 2004 Earnings Conference Call
BALTIMORE, Md. – October 7, 2004 - SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, will discuss the 2004 third quarter financial results at its quarterly conference call scheduled for October 28, 2004 at 5:00 pm EDT.
To join SafeNet in the conference call, dial 1.
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SafeNet Announces Significant Customer Developments For Major Government Programs
SafeNet Mykotronx Delivers KIV-7HSB for Homeland Security Programs; US Air Force Awards Modernization Production Contract
TORRANCE, California — September 27, 2004— SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, announced significant customer developments within its subsidiary, SafeNet Mykotronx.
Mykotronx Subsidiary Delivers KIV-7HSB for Homeland Security Programs - Critical Communication Protected by SafeNet Technology
SafeNet subsidiary Mykotronx, Inc. delivered nearly 100 of its KIV-7HSB high assurance encryption products to a major Homeland Security systems integrator.
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SafeNet Brings Innovation, Leadership in Security Technology for Software Industry
WASHINGTON, Sept. 22 /PRNewswire/ -- The Software & Information Industry Association (SIIA) today announced the appointment of Prakash Panjwani, Vice President and General Manager of SafeNet, (NASDAQ: SFNT) Rights Management Business Unit to its Software Division board.
"We are very excited to have SafeNet join our Software Board of Directors-- SafeNet is an established leader in the software protection industry. There is an estimated $4.
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SafeNet Announces Sentinel UltraPro Software Protection Keys
Leading Vendor for Software Protection Follows Up on Rights Management Platform Vision With Innovative New Products
Baltimore, Maryland, September 21, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced the release of Sentinel UltraPro Software Protection Keys. Building on the success of the Sentinel SuperPro Keys, the world's most widely deployed software protection key, UltraPro adds significant new features that enhance security, ease-of-use and evaluation, and reduce time-to-market for software developers. SafeNet also introduces Sentinel UltraPro XM for customers requiring enhanced memory.
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SafeNet Commences Tender Offer for Acquisition of Datakey, Inc.
BALTIMORE, Maryland, September 21, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, announced that Snowflake Acquisition Corp., its wholly-owned subsidiary, has commenced a cash tender offer for all of the outstanding shares of common stock of Datakey, Inc. (OTC BB: DKEY.
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SafeNet Announces Plans to Acquire Datakey, Inc.
Acquisition Continues to Expand SafeNet's Identity Management Portfolio
BALTIMORE, Maryland, September 9, 2004 - SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that it has signed a definitive agreement to tender an offer to acquire Datakey, Inc. (OTC BB: DKEY.OB).
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SafeNet to Present at Credit Suisse First Boston Global Software Conference
Baltimore, Maryland, September 8, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that SafeNet will present on September 9, 2004 at 7:45 am EDT at the Credit Suisse First Boston (CSFB) Global Software Conference, being held at the Millennium Broadway Hotel in New York City.
Ken Mueller, CFO of SafeNet, will provide an overview of the Company.
A live audio webcast of the presentation will be available on SafeNet's Investor website at Full Story |
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SafeNet Announces First Intrusion Prevention IP for Network Semiconductor Market
SafeXcel IP Content Inspection Engine is the first Intrusion Prevention hardware acceleration core for network security processors and communications processors
Baltimore, Maryland - September 7, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced the release of SafeXcel IP Content Inspection Engine, the market's first hardware acceleration IP solution that is designed to address the unique needs of chip manufacturers looking to implement high-performance intrusion prevention systems (IPS) into NPU's and communication processors.
"In an environment of rising security threats and perimeter vulnerabilities, customers are looking for new approaches to protect networks against attacks," said David Potts, Senior Vice President and General Manager of SafeNet's Embedded Division. "OEM security appliance vendors are designing product lines that combine VPN, firewall, and intrusion prevention in a single high-performance appliance.
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SafeNet Announces SafeEnterprise SSL iGate Version 4.0
Adds Significant Features like Client-side Checking and PKI Support
BALTIMORE, Md. — September 6, 2004 — SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced Version 4.0 of its SafeEnterprise™ SSL iGate VPN appliance.
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SafeNet Provides Application Developers With Unique Solution to Enable Security for Mobile Devices
Announces SafeZone Toolkit For OMAP5912 Mobile Processor
BALTIMORE, Maryland, August 4, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced the release of SafeZone™ Toolkit for OMAP5912™, an integrated software development toolkit that provides application developers with powerful tools to quickly and easily build hardware-based security into mobile applications based on the Texas Instruments OMAP5912 mobile processor.
Security requirements for mobile devices are constantly increasing. However, integrating advanced security features into mobile applications is challenging, requiring rare and specialized expertise, and often causing project delays.
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SafeNet Reports Second Quarter Financial Results
Adjusted EPS of $0.30 in the Upper Range of Prior Company Guidance; Company Reiterates Full-Year Guidance
BALTIMORE, Maryland—July 28, 2004— SafeNet (NASDAQ: SFNT), setting the standard for information security, today announced results for the second quarter ended June 30, 2004.
Revenues for the three-month period ending June 30, 2004, increased 229% to $54.3 million, compared to $16.
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SafeNet Teams with Ingram Micro to Expand Distribution of SSL VPN and Identity Management Solutions
Ingram Micro Brings Extended Market Penetration of SafeEnterprise SSL iGate VPN and iKey Identity Management Solutions
BALTIMORE, Md. — July 28, 2004 — SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that Ingram Micro (NYSE: IM) has joined SafeNet's Security Partner Alliance Program. Renowned as the world's largest distributor of technology products, Ingram Micro will offer SafeNet's SafeEnterprise™ SSL iGate VPN and iKey™ identity management solutions to its growing base of solution provider customers.
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SafeNet Announces OEM/Networking Business Unit
Team to capitalize on the success of partnerships and growth opportunities
BALTIMORE, Md. –July 21, 2004– SafeNet (NASDAQ: SFNT), setting the standard for information security, today announced the creation of an OEM/Networking business unit and appointed Henk Pruim as Vice President and General Manager.
The OEM/Networking business unit will remain part of SafeNet's Embedded Security Division, reporting to David Potts, Senior Vice President and General Manager. Modeled after the recently created SafeNet's Rights Management business unit, this new business unit will focus on SafeNet chips, Intellectual Property and software toolkits to the networking markets.
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SafeNet Announces Second Quarter 2004 Earnings Conference Call
BALTIMORE - July 7, 2004 -SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, will discuss the 2004 second quarter financial results at its quarterly conference call scheduled for July 28, 2004 at 5:00 pm EDT.
To join SafeNet in the conference call, dial 1-800-901-5217 and use pass code 73293618 within the United States. If you are calling from outside the U.
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SafeNet Announces Promotion of Carole Argo to President and COO; Names Former Microsoft Executive Ken Mueller as SVP and CFO
New Positions Add Depth, Talent and Experience to Executive Management Team As Company Builds Security Industry Leadership Position
BALTIMORE, Md. — June 29, 2004 — SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced the promotion of Carole Argo to president and chief operating officer of the company, and named former Microsoft executive Ken Mueller as its new chief financial officer.
In her new role as President/COO, Argo will report to SafeNet's Chairman and CEO, Anthony Caputo, and will be responsible for the company's day-to-day global operations.
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SafeNet Appoints New Executive to Strengthen Government Channels
IT Security Leader Names Howard Seeger Vice President, Business Development of Corporate Alliances; Seeger Formerly Led Systems Integrator Alliances for Qwest
Baltimore, MARYLAND — June 23, 2004— SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced the appointment of Howard Seeger as Vice President, Business Development of Corporate Alliances. In this new role, Seeger will lead executive level relationships with system integrators and telecommunication service providers to further deploy SafeNet technologies addressing new and existing government needs. Seeger comes to SafeNet from Qwest Communications, where he most recently served as Vice President of System Integrator Alliances.
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WatchGuard Accelerates Firebox X VPN Performance With SafeNet’s SafeXcel-1141 VPN Chip
BALTIMORE, Maryland — June 15, 2004— SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that the WatchGuard Firebox X integrated security appliances incorporate SafeNet's SafeXcel™-1141 VPN chip for VPN performance acceleration. WatchGuard Technologies, Inc. (Nasdaq: WGRD), a leading provider of network security solutions for the small to midsize enterprise (SME) market, has used SafeNet software and chip-based VPN technology in previous generations of its Firebox System security appliances.
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SafeNet and Adobe Team to Deliver Secure Document Services
High-Assurance Luna Hardware Security Modules to Provide Optimum Protection for Adobe's Document Services for All Phases of the Document Lifecycle
Baltimore, Md. – June 8, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that the company's Luna Series of products works with Adobe's document services to help customers deploy more secure documents on the Adobe Intelligent Document Platform.
The Adobe Intelligent Document Platform utilizes the Adobe Reader, PDF and Adobe's document services to address all phases of the document lifecycle.
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SafeNet to Host Analyst Luncheon in New York City
SafeNet Executives to Discuss Company Vision and Focus in the Security Industry
Baltimore, MARYLAND – May 25, 2004– SafeNet (NASDAQ: SFNT), setting the standard for information security, today announced that it will host an Analyst Luncheon on May 26, 2004 from12:00 pm to 2:00 pm EDT at the Righa Royal Hotel in New York City.
SafeNet’s Analyst Luncheon will present the financial community, including securities analysts and institutional investors, with a summary of highlights in the security industry as well as the company’s vision and goals for the year. Key executives at SafeNet will be presenting, including Anthony Caputo, Carole Argo, Chris Fedde, David Potts, Prakash Panjwani, and Jim Summers.
The SafeNet Analyst Luncheon will also be live via webcast starting at 12:45 pm EDT.
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SafeNet Announces New License Management Support for Software Application Developers
Customers Praise the Expanded Capabilities for the Sentinel LM 7.3 Product
Baltimore, MARYLAND – May 24, 2004– SafeNet (NASDAQ: SFNT), setting the standard for information security, today announced the addition of new license models for the Sentinel LM 7.3 software licensing and protection application.
Windows software vendors can now leverage out-of-the-box license models based on units of measure or capacity, in addition to other standard license models such as evaluation licensing, feature-based, and lease/rental models.
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SafeNet Announces QuickSec IPS Intrusion Prevention
Real-time Network Intrusion Prevention for Security Appliance Developers
NETWORLD+INTEROP SHOW, Las Vegas, Nevada — May 11, 2004 — SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced plans for the release of QuickSec™ IPS. Built upon the success of SafeNet's QuickSec IPSec Toolkit and SafeXcel-4850 Content Inspection products, QuickSec IPS provides developers with a toolkit that can be integrated with a security appliance that detects intrusion attempts in passing traffic, stopping and reporting them. QuickSec IPS will provide enterprise security appliance developers with a large, constantly updated threat database, instant attack blocking mechanism, and an architecture designed to handle high volume traffic with ease.
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SafeNet Strengthens Enterprise Government Business with Addition of Jim Summers as Vice President for Mykotronx
Seasoned Executive to Lead Programs and Engineering Teams for Growing Division
Baltimore, MARYLAND — May 4, 2004 — SafeNet (NASDAQ: SFNT), setting the standard for information security, today announced the appointment of Jim Summers as Vice President of Programs for Mykotronx. Mykotronx is managed under SafeNet's Enterprise Security Division and provides communications security devices for government agencies and other organizations working with highly sensitive information. In his new role, Mr. Summers will lead the programs and engineering teams in Torrance, California, reporting to Jim Kopycki, President of Mykotronx.
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SafeNet Partners with Oracle to Provide Hardware Security for Enterprise Grid Computing
SafeNet Luna SA Hardware Security Module Supports Oracle® Database 10g
BALTIMORE, MARYLAND—May 3, 2004 – SafeNet (NASDAQ: SFNT), setting the standard for information security, today announced that SafeNet Luna SA, a Network-attached Hardware Security Module (HSM), supports Oracle® (Nasdaq: ORCL) Database10g to provide hardware security and SSL acceleration for enterprise grid computing.
Grid computing reduces IT costs and management time by clustering servers together to act as a single large computer, shifting resources dynamically between applications. Oracle Grid Computing enables systems of interconnected servers, storage, and software to adapt to the exact needs of one's business, resulting in improved IT resource utilization. Grid computing is more secure than multiple disparate servers because uniform security procedures are applied to each machine in the system and the grid will only function if each server's credentials are verified.
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SafeNet Reports First Quarter Financial Results
Company Announces Record Revenues
BALTIMORE, Maryland—April 29, 2004— SafeNet (NASDAQ: SFNT), setting the standard for information security, today announced results for the first quarter ended March 31, 2004.
Revenues for the three-month period ending March 31, 2004, were $24.0 million, compared to $13.6 million for the same period in 2003, an increase of 77%.
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SafeNet Secures Java Applications with New Luna SP Application Security Appliance
Luna SP Offers a High Assurance Security Appliance Platform for a Variety of Java Applications
Baltimore, MARYLAND – April 27, 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 the development of Luna SP, an application security appliance designed to make it easier to deploy secure Java applications, such as Java Web Services, with powerful cryptographic functionality. Luna SP features high-performance processing power, an integrated FIPS 140-2 Level 3 validated hardware security module (HSM), and flexible network-attached connectivity to allow enterprises to develop and deploy high-assurance Java applications within an application security appliance.
"As applications become decentralized through the adoption of Web Services, businesses need to trust the integrity of their distributed applications. Luna SP provides a method for IT administrators to add security to the applications that run on their networks," says Randy Kun, Director of Luna Product Management for SafeNet’s Enterprise Security Division.
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SafeNet To Demonstrate SafeEnterprise Security Management Center At DISA Partnership Conference
DISA Partnership Conference Will Take Place In Atlanta, 26-29 April 2004
BALTIMORE, Maryland – April 26, 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 the Company will be demonstrating the SafeEnterprise™ Security Management Center, a complete WAN and VPN system for integrated high assurance network security, at the upcoming Defense Information Systems Agency (DISA) Partnership Conference. The DISA Partnership Conference is being held at the Hyatt Regency Atlanta Hotel in Atlanta, Georgia on April 26-29, 2004.
"The SafeEnterprise Security Management Center is the cornerstone of the recently announced SafeEnterprise Security System. The SMC is the only product on the market today that offers management of so many types of networks while also allowing migration of different networks to IP-based communications—a more cost-effective solution," said Chris Fedde, Senior Vice President and General Manager for SafeNet's Enterprise Security Division.
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SafeNet Announces Sentinel Business Unit
Customers Embrace SafeNet’s Vision for Software Anti-piracy, and Digital Rights Management
Baltimore, MARYLAND – April 13 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 new initiatives for its Sentinel brand of Software Protection and License Management products, now part of the company which merged with Rainbow Technologies on March 15, 2004. As a testament to the importance of the Sentinel business and the belief that it will continue to contribute to SafeNet's growth, SafeNet has established a new Sentinel Business Unit.
"Our mission is to build on Sentinel's position as the leading vendor of software anti-piracy and to be the worldwide leader providing comprehensive solutions for software protection and digital rights management," said Anthony A. Caputo, Chairman, and CEO of SafeNet.
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Indonesia Government Selects SafeNet’s SafeEnterprise Security System to Add Vital Security for Taxpayers
Baltimore, MARYLAND – April 6, 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 the Directorate General of Tax of Indonesia Government has selected SafeNet's SafeEnterprise™ Security System to secure taxpayer information, adding a high assurance level of security against unauthorized access to tax records.
"At a time when the storage and transmittal of sensitive personal financial records has become a high-risk security issue, SafeNet continues to offer strong solutions to global customers and organizations who must rely on solid security technology for their sensitive applications," said Anthony A. Caputo, Chairman, and CEO of SafeNet. "SafeNet's SafeEnterprise Security System is well-suited to address the security needs of the Tax Department of Indonesia Government.
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SafeNet Provides Post-Merger Guidance Update
Company Provides Q1 Guidance; Reiterates Full Year Guidance, Schedules Earnings Release Date
BALTIMORE, Maryland — April 5, 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 is updating guidance to incorporate the effect of its merger with Rainbow Technologies, which closed on March 15, 2004.
At the time of the merger, the Company did not give guidance for the quarter ending March 31, 2004 and provided annual guidance on the basis of a full-year's impact from Rainbow. Today's update reflects the March 15, 2004 closing date and the first quarter preliminary quarter end information that is available to date. The adjusted earnings guidance below excludes expenses related to acquisitions consisting of integration expenses, amortization of acquired intangible assets, and assumes a 33% effective tax rate.
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SafeNet, Inc. Announces Close of Merger with Rainbow Technologies
Combination Accelerates Vision to Become Premier Security Provider Across All Product Categories
BALTIMORE, Maryland — March 15, 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 it has completed its merger with Rainbow Technologies, Inc., which had been announced on October 22, 2003. The merger creates a premier security provider for the government and large financial institutions, mid-sized firms, OEMs, and consumers.
The company, to be known as SafeNet, Inc.
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SafeNet to Present at Lehman Brothers Global Software and IT Services Conference
BALTIMORE, MARYLAND — March 8, 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 will present Tuesday, March 9, 2004 at 9:30 a.m. PST at the Lehman Brothers Global Software and IT Services Conference, being held at the Ritz-Carlton in Half Moon Bay, California.
Anthony Caputo, Chairman, and CEO of SafeNet, and Carole Argo, CFO of SafeNet will provide an overview of the Company, and an update on its proposed merger with Rainbow Technologies.
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SafeNet Appoints Vice President of Human Resources
Baltimore, MARYLAND–March 3, 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 the appointment of L. Thomas Van Huben as Vice President, Human Resources, leading all aspects of the Company’s human resources business practices worldwide.
Mr. Van Huben brings over 20 years in senior-level human resources experience, including organization development, compensation, performance management, senior management consulting, multinational management, mergers and acquisitions, and high-volume staffing.
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SafeNet to Present at Raymond James 25th Annual Institutional Investors Conference
BALTIMORE, MARYLAND – February 27, 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 will present Monday, March 1, 2004 at 7:30 a.m. EST at the Raymond James 25th Annual Institutional Investors Conference, being held at the Hyatt Regency Grand Cypress in Orlando, Florida.
Anthony Caputo, Chairman, and CEO of SafeNet, and Carole Argo, CFO of SafeNet will provide an overview of the Company and an update on its proposed merger with Rainbow Technologies.
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SafeNet Wireless Security Technology to Assist Enterprises SecureContent Delivery and Applications to Symbian OS Advanced Phones
SafeNet Joins Symbian Platinum Program
3GSM Conference, Cannes, France – February 25, 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 it has joined the Symbian Platinum Program to support the growing market for smartphones based on Symbian OS™. As a Platinum Partner, SafeNet will make the recently announced SafeZone™ Trusted Mobile Computing Products available for Symbian OS. Symbian Software Limited develops and licenses Symbian OS, the global industry standard operating system for smartphones, to the world’s leading handset manufacturers, which account for over 80% of annual mobile phone sales worldwide.
"This partnership reflects our commitment to the mobile security market and our intent to build upon our mobile strategy," said David Potts, Senior Vice President and General Manager for SafeNet's Embedded Security Division.
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SafeNet's SafeXcel IP Now Available in the Newly Introduced AMD Alchemy™ Au1550™ Security Network Processor
RSA CONFERENCE, SAN FRANCISCO, California — February 24, 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 its SafeXcel™ IP, license-ready intellectual property, is now available in the newly introduced Au1550™ security network processor from Advanced Micro Devices, Inc. (AMD). AMD is a global supplier of integrated circuits for the computing, communications, and consumer electronics markets. AMD is also using SafeNet's CGX Mobile Library in order to easily port security functionality to the processor.
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SafeNet’s CGX Mobile Library is Selected by NEC Electronics
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.
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SafeNet Announces Plans for SafeZone Trusted Mobile Computing Products
Mobile Computing toolkit will support Texas Instruments’ OMAP™ secure-mode processors and ARM TrustZone™ technology-enabled processors; Will speed revenue-enhancing secure wireless phones and consumer appliances to market
3GSM Conference, Cannes, France and RSA Conference, San Francisco, California–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 plans to enable powerful trust services for wireless developers with the SafeZone™ Trusted Mobile Computing Toolkit and SafeZone Trusted Mobile Computing IP products. The SafeZone products will enable wireless phone and consumer electronics platform manufacturers to protect copyrighted content, provide digital rights management services, reduce fraud, and support a range of revenue-driving services including multimedia content and games.
Carriers, handset developers, and consumer electronics manufacturers are increasingly motivated by the opportunities to deploy new mobile products, but also by the need to protect against the threats to content owners, consumer privacy, and service disruptions. The SafeZone products harness SafeNet’s proven technology and 20 years of security experience to build trusted services into the mobile processor hardware, and to support the application developer community with software development tools that access those services quickly and reliably, with a minimum level of security expertise.
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SafeNet and Rainbow Technologies Team to Showcase Premier Security Technology at RSA 2004 Conference
Planned Demonstrations with AMD
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 and Rainbow Technologies will team to showcase leading edge security solutions at the RSA 2004 Conference being held at the Moscone Center in San Francisco, February 23-27, 2004.
SafeNet, in conjunction with Advanced Micro Devices (AMD), will demonstrate one of the first production versions of its embedded security technology. In addition, SafeNet plans to demonstrate the SafeEnterprise™ Security System’s central management system, the Security Management Center.
Rainbow will showcase security technology that supports Microsoft's Rights Management Services for Windows Server 2003 in the Microsoft Security Solutions Pavilion at Booth #701.
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SafeNet and Rainbow Announce Special Meetings of Stockholders
BALTIMORE, Maryland and IRVINE, California – February 12, 2004– SafeNet, Inc. (Nasdaq: SFNT), a leading provider of private and public network security solutions that set the standard for securing virtual private and wide area networks, and Rainbow Technologies, Inc. (Nasdaq: RNBO), a leading provider of proven information security solutions for mission-critical data and applications used in business, organization and government computing environments, today announced that each company will hold a special meeting of stockholders on March 15, 2004 to approve the pending merger between SafeNet, Inc. and Rainbow Technologies, Inc.
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SafeNet Reports Fourth Quarter and 2003 Financial Results
Company Announces Best Quarter and Year End Results in Company History
BALTIMORE, Maryland — January 27, 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 results for the fourth quarter and year ended December 31, 2003.
Revenues for the three-month period ending December 31, 2003, were $18.8 million, compared to $9.8 million for the same period in 2002, an increase of 91%.
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License of SafeNet Technology Expanded by Texas Instruments
BALTIMORE, Maryland — January 27, 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 Texas Instruments Inc. (TI) has broadened its license of SafeNet Intellectual Property, SafeXcel™ IP.
"We are pleased to improve and expand our existing relationship with TI, the leader in wireless semiconductor shipments. As a leader in many consumer segments, that also demand higher levels of security and performance, TI provides a great opportunity for SafeNet to expand our security technology in these markets" said David Potts, Senior Vice President and General Manger of SafeNet's Embedded Security Division.
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Allied Telesyn Selects SafeNet’s SafeXcel-1141 VPN Chip for Securing Enterprise Applications
BALTIMORE, Maryland — January 20, 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 Allied Telesyn, a global leader in Ethernet networking solutions for the access edge, has selected SafeNet's SafeXcel™-1141 VPN chip for its AR450S Security Router, an enterprise-class security appliance.
"Our list of customers for our Momentum Series chips continues to grow—clearly for the high-quality security technology combined with their price versus performance criteria," said Anthony C. Caputo, Chairman, and CEO of SafeNet. "Allied Telesyn is a leading global company developing critical products for a large number of important markets.
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SafeNet to Host Fourth Quarter and Year End 2003 Earnings Conference Call
BALTIMORE, Maryland — January 15, 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 it will host a conference call on Tuesday, January 27, 2004 at 5:00 pm EST to discuss the financial results for the fourth quarter and year ended 2003.
To join SafeNet in the conference call, dial 1-800-299-8538 and use pass code 35586830 within the United States. If you are calling from outside the U.S.
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SafeNet to Present at Sixth Annual Needham Growth Conference
BALTIMORE, MARYLAND – January 6, 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 will present Wednesday, January 7, 2004 at 3:30 p.m. EST at the Sixth Annual Needham Growth Conference, being held at the New York Palace Hotel in New York City.
Anthony Caputo, Chairman, and CEO of SafeNet, and Carole Argo, CFO of SafeNet will provide an overview of the Company and an update on its merger with Rainbow Technologies.
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SafeNet Appoints Vice President of Government Sales
Experienced Government Executive to Further Strengthen Enterprise Security Division
Baltimore, MARYLAND – December 22, 2003 – 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 the appointment of Vince Mancuso as Vice President, Government Sales, leading all aspects of the Enterprise Security Division's government business.
"Our U.S. government business is key to our success and I'm very pleased to have Vince join SafeNet to contribute to our continuing success—he comes to SafeNet with impressive Federal market credentials.
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NETGEAR Selects SafeNet’s SoftRemote VPN Software for End-to-End Secure Communications
BALTIMORE, Maryland — December 8, 2003— 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 NETGEAR®, Inc., a worldwide provider of technologically advanced, branded networking products, has licensed SoftRemote®, SafeNet's de facto standard remote access VPN software to secure end-to-end communications in conjunction with their ProSafe™ VPN router products.
"NETGEAR is already an important customer to SafeNet, so we're excited to further complement our working relationship. Since NETGEAR uses our SafeXcel™ chips, adding SoftRemote to their product arsenal creates a proven, interoperable solution for their customers," said Anthony Caputo, Chairman, and CEO of SafeNet.
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Movidis Selects SafeNet’s SafeXcel-1741 VPN Chip for Securing Video-on-Demand
BALTIMORE, Maryland — December 1, 2003— 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 Movidis, Inc. has selected SafeNet's SafeXcel™-1741 VPN chip for its Molecular Media Server (MMS 1000™), which is used by cable and telephone companies to implement video-on-demand. Movidis provides secure and scalable real-time server solutions to service providers for applications such as Video-on-Demand, web serving, caching, and audio-on-demand.
"We are excited to add Movidis to our growing list of companies that deliver products based on SafeNet technology to consumers," said Anthony Caputo, Chairman, and CEO of SafeNet.
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SafeNet Completes Purchase of SSH OEM Product Group
Baltimore, MARYLAND – November 18, 2003 – 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 it has completed the purchase of the assets of the OEM Products Group of SSH Communications Security.
The final purchase price of the OEM Products Group is $13.6 million, and the entire amount will be paid in cash. The assets of the SSH OEM Product Group include its VPN client software and industry-leading security and networking toolkits.
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SafeNet to Present at Gartner Tech Investor Summit
GARTNER TECH INVESTOR SUMMIT, NEW YORK, NY – November 11, 2003 – 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 will present at the Gartner Tech Investor Summit, being held at the Hyatt Grand Central in New York City.
Anthony Caputo, Chairman, and CEO of SafeNet will be interviewed by John Pescatore, VP and Research Fellow of Gartner, focusing on topics that are relevant to SafeNet's business and the security industry. The interview will take place at 2:30 pm on November 12, 2003.
A live audio webcast of the presentation will be available on SafeNet's Investor website at Full Story |
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ADTRAN Selects SafeNet’s SafeXcel-1141 VPN Chip for NetVanta Products
BALTIMORE, Maryland — November 10, 2003 — 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 ADTRAN (NASDAQ: ADTN) has selected SafeNet's SafeXcel™-1141 VPN chip for its NetVanta™ line of internetworking products. ADTRAN will deploy the SafeNet security co-processor in its second-generation NetVanta 2000 series VPN/Firewall appliances and the NetVanta 3305 Secure Access Router with VPN upgrade.
"We are very pleased that ADTRAN has chosen the SafeXcel-1141 chip for use in its products," said Anthony Caputo, Chairman, and CEO of SafeNet. "Having ADTRAN deliver their proven products with SafeNet technology is a testament to our Momentum Series line of SafeXcel chips, clearly the best price versus performance value for VPN appliances.
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SafeNet to Present at American Electronics Association Classic Financial and First Analysis Investment Conferences
BALTIMORE, MD – November 3, 2003 – 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 will present at two investment conferences this week. First, SafeNet will be presenting at the American Electronics Association (AeA) Classic Financial Conference, Monday, November 3-5, 2003 at the Sheraton Hotel & Marina in San Diego, California. In addition, SafeNet will be presenting at the First Analysis Investment Conference, November 5-6 at the Palace Hotel located in New York City.
Anthony Caputo, Chairman, and CEO of SafeNet, Carole Argo, CFO of SafeNet, Walter W.
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SafeNet Posts Investor Presentation On Planned Rainbow Technologies Merger
BALTIMORE, Maryland — October 27, 2003 — SafeNet, Inc. (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 it has posted an investor presentation to its corporate and investor relations websites giving further information about the announced merger with Rainbow Technologies, Inc. (Nasdaq: RNBO).
The SafeNet/Rainbow Merger Investor Presentation is available on SafeNet’s corporate website at Full Story |
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SafeNet Reports Third Quarter 2003 Financial Results
Company Reports Record Revenues; Earnings Exceed Previous Company Guidance
BALTIMORE, Maryland— October 22, 2003— 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 results for the third quarter ended September 30, 2003.
Revenues for the three months ended September 30, 2003, were approximately $17.6 million, an increase of 99% compared to approximately $8.8 million for the same period in 2002.
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SafeNet and Rainbow Technologies Announce Plan to Merge
Combined Company to Become a Premier Network Security Provider Transaction Expected to be Accretive
BALTIMORE, Maryland and IRVINE, Calif. — October 22, 2003— SafeNet, Inc. (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 it has signed a definitive agreement to merge with Rainbow Technologies, Inc. (Nasdaq: RNBO), a leading provider of proven information security solutions for mission-critical data and applications used in business, organization and government computing environments.
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SafeNet Joins Open Mobile Alliance to Focus on Standards-Based Wireless Security
CTIA WIRELESS I.T. & ENTERTAINMENT 2003, Las Vegas, NEVADA – October 22, 2003 – 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 it has joined the Open Mobile Alliance (OMA), in order to promote the growth of the mobile industry through common specifications and standards for security in wireless platforms.
"Consumers need to rely on a common architecture for wireless devices, and the OMA is focused on creating wireless platforms that are standards-based and interoperable.
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SafeNet Announces CGX Mobile Library for Integrating Wireless Security Solutions
CGX Mobile Library Reduces Development Time and Costs for Essential Wireless Security
CTIA WIRELESS I.T. & ENTERTAINMENT 2003, Las Vegas, NEVADA – October 21, 2003 – 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 the availability of its CGX Mobile Library. Built upon the success 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.
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SafeNet Launches Wireless Strategy Plan to Continue Successes in Embedded Security
SafeNet’s Combination of Software, Hardware, and IP Security Uniquely Suited to Wireless Industry
CTIA WIRELESS I.T. & ENTERTAINMENT 2003, Las Vegas, NEVADA – October 21, 2003 – 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 its new wireless strategy for building upon its success in the embedded security industry. Development efforts for SafeNet’s Embedded Division will focus on supporting OEM developers of wireless chips, handsets, and other mobile platforms.
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SafeNet to Host Third Quarter 2003 Earnings Conference Call
BALTIMORE, Maryland — October 16, 2003 — 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 it will host a conference call on Wednesday, October 22, 2003, at 6:00 pm EDT to discuss the financial results for the third quarter ended 2003.
To join SafeNet in the conference call, dial 1-800-378-5713 within the United States. If you are calling from outside the U.S.
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SafeNet Announces Plans to Acquire Software Product Line from SSH Communications Security
Cash Deal Expected to be Immediately Accretive
BALTIMORE, Maryland — October 14, 2002— SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions that have set the industry standard for securing virtual private and wide area networks, today announced that it has signed an agreement to acquire the assets of the SSH Communications Security (SSH) (Hex:SSH1V) OEM Products Group. Under the terms of the agreement, SafeNet will pay approximately $14 million in cash for the purchase of the SSH software toolkit product line, the Sentinel™ VPN client, and other SSH assets. The final cost will be determined at closing which is expected by mid November. At that time, the product line and approximately 25 employees will transfer to SafeNet's Embedded Security Division.
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SafeNet Appoints Resellers to Embedded Partner Program
Key Resellers in Asia, Australia, and Israel
BALTIMORE, MD – October 14, 2003 – 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 four key resellers have joined the SafeNet Embedded Partner Program. The SafeNet Embedded Partner Program is a program for resellers designed to expand SafeNet's focus internationally. New resellers include Tokyo Electron Devices (TED) in Japan, East Wind Technologies in Taiwan, Fast & Safe Technology in Singapore and China, and Alliance Electronics in Australia.
"We're excited to team with resellers who have such great reputations.
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SafeNet and Secure Technologies International Partner to Bring High Assurance Security Products to Canada
Partnership Offers SafeEnterprise High Assurance VPN Products to the Government of Canada
BALTIMORE, MD – October 6, 2003 – 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 it has formed a partnership with Secure Technologies International, Inc. (STI) of Canada to pursue multiple network security opportunities throughout Canada—particularly with the Government of Canada in Ottawa. STI and SafeNet will use SafeNet's SafeEnterprise™ Security System, a complete WAN and VPN system for integrated high assurance network security, to target high level government opportunities in Canada.
"This partnership with STI is very timely, and will immediately position SafeNet and STI for several large opportunities with the Canadian Government—SafeNet has a unique advantage in the market with a powerful high assurance security system that manages both WAN and VPN networks under one system," said Chris Fedde, Senior Vice President and General Manager for SafeNet's Enterprise Security Division.
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SafeNet Announces Embedded Partner Program
Offering Increased Global Exposure for SafeNet Technology
BALTIMORE, MD – September 30, 2003 – 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 its Embedded Partner Program, a program for reseller and technology partners designed to expand SafeNet's focus internationally in addition to improving SafeNet's value proposition to customers by providing new security technologies through partners.
"SafeNet has the best embedded technology in the business—expanding the availability of our technology internationally will foster the growth of strong encryption in a variety of industries," said Anthony Caputo, Chairman, and CEO of SafeNet. "We are already signing on significant resellers who have established businesses—these resellers will deploy SafeNet technology quickly while providing personal expertise and excellent support to customers."
The Embedded Partner Program includes distribution partners, who will resell SafeNet products and technology to commercial users and customers, and technology partners, who complement SafeNet's embedded security product-line by providing security products that integrate with SafeNet solutions.
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SafeNet Introduces SafeXcel-184x Series of High Performance Security Co-Processors
SafeXcel-184x Series Delivers Best Price Versus Performance Value for VPN Appliances
BALTIMORE - Sept. 9, 2003 - 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 a new series of silicon products, the SafeXcel™-1840, SafeXcel™-1841, and the SafeXcel™-1842. Designed specifically to accelerate VPN performance in mid to high-range network devices and appliances, the SafeXcel-184x series of security co-processors support a range of Gigabit IPSec throughput rates ranging from 1.3 Gbps in the 1840 up to 3.
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SafeNet Joins IBM Blue Logic IP Collaboration Program
BALTIMORE, Maryland–September 3, 2003– SafeNet (NASDAQ: SFNT), a leading provider of private and public network security solutions that have set the industry standard for securing virtual private and wide area networks, today announced that it has been selected to participate in the IBM Blue Logic IP Collaboration Program.
Established in March 2002, the IBM Blue Logic IP Collaboration Program fosters collaboration between IBM and leading technology companies to enable first-time-right design and rapid time-to-market of chips for advanced electronic systems products. Recognized by electronics industry analysts as critical to the design and manufacture of the next generation of smaller, faster and less expensive products, third-party IP licensing mechanisms have been developed in recent years to address the burgeoning requirement for specific electronic functions that require in-depth, application-specific design expertise. With the IBM Blue Logic IP Collaboration Program, third-party IP cores are available for licensing directly from the IBM program members to integrate into ASICs manufactured by IBM.
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SafeNet to Present at Credit Suisse First Boston Global Software Conference
BALTIMORE, MD – September 2, 2003 – SafeNet (NASDAQ: SFNT), a leading provider of private and public network security solutions that have set the industry standard for securing virtual private and wide area networks, today announced that SafeNet will present Wednesday, September 3, 2003 at 4:00 p.m. EDT at the Credit Suisse First Boston Global Software Conference, being held at the Credit Suisse First Boston Conference Center in the Club Room located in New York City.
Anthony Caputo, Chairman, and CEO of SafeNet, and Carole Argo, CFO of SafeNet will provide an overview of the Company.
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SafeNet Raises Guidance for Full-Year 2003
BALTIMORE, Maryland — July 30, 2003 — SafeNet (NASDAQ: SFNT), a leading provider of private and public network security solutions that have set the industry standard for securing virtual private and wide area networks, today updated its financial guidance for the third quarter and full-year 2003. Because of the continued strength of its business, the Company is now projecting its adjusted earnings per diluted share for the third quarter of 2003 to be in the range of $0.16 to $0.18, and to be between $0.
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SafeNet Signs Exclusive Technology and Licensing Agreement with CTAM for High Speed Security Products
Adds Fiber Optic Products to SafeEnterprise Security System under Security Management Center
BALTIMORE, MD – July 29, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions that have set the industry standard for securing virtual private and wide area networks, today announced that it has entered into an exclusive marketing and sales agreement with CTAM PTY Ltd. (CTAM) of Melbourne, Australia. Under the agreement, SafeNet is acquiring exclusive worldwide marketing and production rights to CTAM’s encryption appliances, which protect communications over ATM and Synchronous Optical Network (SONET)-based fiber optic lines at speeds up to OC-48 rates. CTAM will become the exclusive marketer of SafeNet product in Australia.
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SafeNet to Host Q&A; Conference Call for Previously Reported Second Quarter 2003 Earnings
BALTIMORE, Maryland —July 25, 2003— SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions that has set the industry standard for VPN technology and secure business communications, today announced that it will host a Q&A; conference call on Wednesday, July 30, 2003, at 5:00 pm EDT to discuss the financial results for the quarter ended June 30, 2003. The Company held a conference call regarding its second quarter results on July 8, but it deferred an investor Q&A; session to a later date due to the quiet period mandated by the SEC during a stock offering. The previously released second quarter 2003 financial statements are available on the SafeNet Investor Relations website at Full Story |
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SafeNet, Inc. Announces Closing of Public Offering
Baltimore, Maryland — July 15, 2003 – SafeNet, Inc. (NASDAQ: SFNT) today announced that it has completed a public offering of 2,875,000 shares of its common stock at a price of $33.25 per share. SafeNet sold 2,698,071 shares in the offering, including 375,000 shares sold to the underwriters pursuant to the exercise of an over-allotment option, and the selling stockholder sold 179,929 shares previously acquired in connection with SafeNet's acquisition of the assets of Raqia Networks, Inc.
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SafeNet Announces Pricing of Common Stock Offering
Baltimore, Maryland—July 10, 2003 – SafeNet, Inc. (NASDAQ: SFNT) today announced the pricing of a public offering of 2,500,000 shares of its common stock at $33.25 per share. SafeNet is selling 2,323,071 shares in the offering and a stockholder is selling 179,929 shares.
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SafeNet Reports Second Quarter 2003 Financial Results
Company Announces Record Revenues
BALTIMORE, Maryland — July 7, 2003— SafeNet (Nasdaq: SFNT) today announced results for the second quarter ended June 30, 2003.
Revenues for the three months ended June 30, 2003 were approximately $15.4 million, an increase of 108% compared to approximately $7.4 million for the same period in 2002.
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SafeNet, Inc. Files Registration Statement For Public Offering of Common Stock
Baltimore, MD - June 13, 2003 — SafeNet, Inc. (NASDAQ symbol: SFNT), a leading provider of network security products and services, today announced the filing of a registration statement with the Securities and Exchange Commission for a proposed offering of 2,500,000 shares of its common stock. SafeNet intends to use the net proceeds from the offering for research and development, marketing, capital expenditures, possible acquisitions and other general corporate purposes.
The managing underwriters for the offering are Credit Suisse First Boston, LLC, Lehman Brothers Inc.
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SafeNet Announces HighAssurance 500 and 1000 Gateways
Appliance Components of SafeEnterprise Security System
BALTIMORE, MD – June 3, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced the availability of the HighAssurance™ 500 and 1000 Gateways, two VPN appliances that provide high assurance network security for site-to-site and remote access VPNs.
"As the last announced components in our new SafeEnterprise™ Security System, the HighAssurance 500 and 1000 gateways complete the system—providing scalability and strong security options for enterprises who have a variety of networking needs. With the availability of these gateways, organizations have the flexibility and scalability to securely connect all offices from home to large corporate sites," said Chris Fedde, Senior Vice President and General Manager, Enterprise Security Division of SafeNet.
Targeted at branch office networks, the HighAssurance 500 Gateway provides VPN security at 1.
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SafeNet Announces HighAssurance 4000 Gateway
Appliance Component of SafeEnterprise Security System
BALTIMORE, MD – June 2, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced the availability of the HighAssurance™ 4000 Gateway as a component of the recently announced SafeEnterprise™ Security System. The HighAssurance 4000 Gateway is a VPN appliance that provides high assurance network security for site-to-site and remote access VPNs at speeds of 1 Gbps.
"As we introduce all the components in our new SafeEnterprise™ Security System, SafeNet is leading the way in high assurance security to meet the needs of security conscious organizations," said Chris Fedde, Senior Vice President and General Manager, Enterprise Security Division of SafeNet. "Founded on high performance and solid security, the HighAssurance 4000 Gateway provides strong security for medium to large enterprises.
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SafeNet Announces Unprecedented Security Management System
Cornerstone Product Part of SafeEnterprise Security System
BALTIMORE, MD – May 28, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced the availability of the SafeEnterprise™ Security Management Center (SMC), the only enterprise security management application on the market that provides a secure, dedicated application for securely managing encryptors for ATM, Frame, Link, and IP networks.
"The SafeEnterprise Security Management Center is the cornerstone of the recently announced SafeEnterprise Security System. The SMC is the only product on the market today that offers management of so many types of networks while also allowing migration of different networks to IP-based communications—a more cost-effective solution," said Chris Fedde, Senior Vice President and General Manager, Enterprise Security Division of SafeNet. "Security conscious organizations need a security management system that scales to accommodate networks of any size and the SMC meets those needs with an easy-to-use, flexible and robust security management platform.
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SafeNet Announces HighAssurance 2000 Gateway
Appliance Component of SafeEnterprise Security System
BALTIMORE, MD – May 28, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced the availability of the HighAssurance™ 2000 Gateway, a VPN appliance that provides high assurance network security for site-to-site and remote access VPNs.
"As part of our recently introduced SafeEnterprise™ Security System, the HighAssurance 2000 Gateway provides strong security for medium to large enterprises," said Chris Fedde, Senior Vice President and General Manager, Enterprise Security Division of SafeNet. "With the addition of the HighAssurance 2000 Gateway, built on recently-acquired Cylink technology, to the SafeEnterprise Security System, large enterprises have flexibility and scalability to build networks with secure end points using high assurance security appliances."
Targeted at medium to large office networks, the HighAssurance 2000 Gateway provides VPN security at 100 Mbps full duplex, supporting up to 10,000 IPSec tunnels and a maximum of 100,000 simultaneous secure connections using DES or TripleDES encryption.
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SafeNet to Present at Friedman Billings Ramsey Technology Investor Conference
BALTIMORE, MD – May 27, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced that SafeNet will present Thursday, May 29th, 2003 at 10:40 a.m. EDT at the Friedman Billings Ramsey 7th Annual Technology & Growth Investor Conference. The Conference is being held at the Millennium Broadway Hotel in New York City.
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SafeNet Extends Relationship with ARM to Include TrustZone™ Technology
Enabling Secure Communication on Wireless Devices
BALTIMORE, MD – May 27, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions, who has set the industry standard for VPN technology and secure business communications, today announced that it plans to support the newly-announced ARM® TrustZone™ technology, a new security extension to the ARM architecture. SafeNet will provide its EmbeddedIP™ technology to silicon vendors using TrustZone, thus improving the performance and security of the overall system.
TrustZone provides a secure foundation for systems running open Operating Systems (OS) such as Linux, Palm OS, Symbian OS, and Windows CE. The combination of SafeNet’s EmbeddedIP and TrustZone enables secure architecture for applications such as mobile entertainment, over-the-air software upgrades, and many others.
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SafeNet Announces New SafeEnterprise Security System
High Assurance Security System Centered On Strong Security Products
BALTIMORE, MD – May 20, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced the availability of the SafeEnterprise™ Security System, a complete WAN and VPN system for integrated high assurance network security. The SafeEnterprise Security System is comprised of solid security products including VPN clients and appliances, and a central management system—the only enterprise security management application on the market that provides a single, dedicated application for securely managing appliances for ATM, Frame, Link, and IP networks.
According to the 2002 Computer Crime and Security Survey, ninety percent of large corporations and government agencies detected security breaches within the last 12 months, with eighty percent of those corporations acknowledging financial losses due to those breaches. The SafeEnterprise Security System can thwart these attacks with the most advanced security technology on the market today.
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SafeNet is Awarded Contract to Develop High Assurance VPN Software for the National Security Agency/Department of Defense
SafeNet Develops One-of-a-Kind Software Based on SoftRemote and Government Algorithms
BALTIMORE, MD – May 12, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced that the company has been awarded a contract by the Department of Defense (DoD) for the research and development of a High Assurance Internet Protocol Interoperability Specification (HAIPIS) VPN client based on SafeNet’s HighAssurance™ Remote software. This initiative will integrate the government’s HAIPIS compliant algorithms with SafeNet’s proven VPN technology to provide secure communications for the NetTop™ program. The NetTop™ program, currently in prototype state, uses virtual machine technology to provide multiple networks on one workstation. The HAIPIS version of SafeNet’s HighAssurance™ Remote would provide secure Type I VPN communications for each virtual machine.
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SafeNet to Present at U.S. Bancorp Piper Jaffray Technology Conference
BALTIMORE, MD – May 12, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced that SafeNet will present Wednesday, May 14th, 2003 at 12:00 p.m. EDT at the U.S.
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SafeNet Supplies Encryption Technology to Microsoft for its Next-Generation Secure Computing Base Demonstration
SafeNet to Demonstrate New Technology at the WinHEC 2003 Conference
WinHEC, NEW ORLEANS, LA – May 6, 2003 - SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced that its SafeXcel™ chip technology will be used in one of Microsoft’s Next-Generation Secure Computing Base (NGSCB) demonstrations at the Windows Hardware Engineering Conference (WinHEC) in New Orleans starting May 6, 2003. NGSCB, formerly known as "Palladium," is a new set of secure computing capabilities for a future version of the Microsoft Windows operating system. NGSCB will offer four types of secure computing features—strong process isolation, attestation, sealed storage, and a secure path to and from the user. SafeNet’s SafeXcel-810 chip is designed to be compatible with Microsoft’s specification for the secure path feature, and it will be included inside of the keyboard as part of the secure input demonstration.
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Lanner Electronics Selects SafeNet’s SafeXcel Chips for Network Security Appliances
BALTIMORE, Maryland – April 29, 2003– SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced that Lanner Electronics, Inc. has selected the SafeXcel™-1141 and SafeXcel™-1741 chips to apply to their hardware platforms. Lanner Electronics (Lanner) is a technology company delivering core design solutions serving a wide variety of industrial and embedded applications needs.
"As we continue to deploy technology to all markets for security at the ground level, Lanner is a unique example of companies who act as an original design manufacturer for large companies in the education, government, business and health sectors—this is another great opportunity for SafeNet to supply proven VPN security at the manufacturing and design point of network products for a large base of the industry," said Anthony Caputo, Chairman, and CEO of SafeNet.
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SafeNet Reports First Quarter 2003 Financial Results
Company Announces Record Revenues; Earnings Exceed Estimates; 2003 EPS Guidance Raised
BALTIMORE, Maryland — April 22, 2003— SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions that has set the industry standard for VPN technology and secure business communications, today announced results for the first quarter ended March 31, 2003.
Revenues for the three-month period ending March 31, 2003, were approximately $14.0 million, an increase of 128%, compared to approximately $6.2 million for the same period in 2002.
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IDT And SafeNet Partner to Provide Complete Security Platform for SME/VPN Gateways
Reference Design Integrates IDT RC32438 Interprise™ Processor and SafeNet SafeXcel™ Security Co-Processors to Offer a Range of Solutions for IPSec Performance Applications
SAN FRANCISCO--(BUSINESS WIRE)--April 21, 2003-- IDT™ (Integrated Device Technology, Inc.) (Nasdaq:IDTI - News), a leading communications IC company, and SafeNet, Inc. (Nasdaq:SFNT - News), a leading provider of private and public network security solutions who has set the industry standard for virtual private network (VPN) technology and secure business communications, today announced a complete hardware and software VPN gateway reference platform. The security-accelerated platform is based on the SafeNet SafeXcel-1141 and SafeXcel-1741 co-processors and the IDT RC32438 Interprise™ integrated communications processor.
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SafeNet Appoints New General Manager of Embedded Security Division
Experienced Wireless Semiconductor Executive Joins SafeNet
BALTIMORE, Maryland – April 16, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced the appointment of David Potts to lead SafeNet’s Embedded Security Division. Mr. Potts, who came from a successful career at Texas Instruments as the Worldwide Director of OMAP Wireless Applications, will join SafeNet as Senior Vice President and General Manager, Embedded Security Division.
"We are extremely pleased that David has agreed to join SafeNet in such a key position, with the responsibility to continue the trend of deploying SafeNet technology throughout different industries and maintaining our status as the de facto standard for VPN technology.
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SafeNet Teams With AMD to Offer SafeXcel-1741 Reference Design Kit
BALTIMORE - April 15, 2003 - SafeNet, a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced that it has been designed onto the Advanced Micro Devices (AMD) Access Equipment Reference Design Kit (RDK). AMD will offer SafeNet's SafeXcel™-1741 security processor to its partners and customers, as part of a RDK, for VPN functionality and acceleration.
"As one of the leading suppliers of integrated circuits for personal and networked computers and communications, and connected with leading semiconductors and manufacturers, AMD is a well-suited partner to further deploy our security technology. Making our SafeXcel silicon technology available to those leading companies is another step for SafeNet to be the clear leader for all VPN technology," said Anthony Caputo, Chairman, and CEO of SafeNet.
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SafeNet to Demonstrate High Speed Intrusion Detection Products at RSA Conference
RSA CONFERENCE, SAN FRANCISCO, CA – April 14, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced that it will demonstrate the high performance capabilities of its recently announced SafeXcel™-4850 chip at the RSA Conference 2003. The SafeXcel-4850 is capable of accelerating the performance of applications like Intrusion Detection up to 2.5 GBps.
During the conference in San Francisco from April 14-16, SafeNet will demonstrate the SafeXcel-4850 being used in a combined VPN and IDS gateway.
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SafeNet to Host First Quarter 2003 Earnings Conference Call
BALTIMORE, Maryland —April 7, 2003— SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced that it will host a conference call on Tuesday, April 22, 2003, at 5:00 pm EDT to discuss the financial results for the first quarter ended 2003.
To join SafeNet in the conference call, dial 1-888-243-0811 and use pin # 6472076 within the United States. If you are calling from outside the U.S.
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Cinea Selects SafeNet’s SafeXcel 241-PCI Card to Secure High Value Digital Video Content
BALTIMORE, MD – March 31, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced that Cinea, Inc., a leading provider of security solutions for digital video content, has selected SafeNet’s SafeXcel™ 241-PCI card to integrate into their security products and services to secure high-value video content for the Digital Cinema industry and other high-value entertainment content.
"The SafeXcel 241-PCI card plugs into Cinea's closed-loop security solution to enable point-to-point secured communications and to protect digital movies," said Anthony Caputo, Chairman, and CEO of SafeNet. "It allows Cinea to stream encrypted content at speeds of 100 Mbps or greater, and design custom software within the secure hardware.
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SafeNet and SSH Partner to Offer Complete Solutions for VPN Products
Partnership Ensures Quick Time To Market And Full VPN Interoperability
BALTIMORE, MD and HELSINKI, FINLAND, PALO ALTO, Calif. and TOKYO – March 26, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, and SSH Communications Security (SSH) (HEX: SSH1V), a world-leading developer of Internet security solutions, today announced a partnership to offer an integrated VPN solution for OEMs. SafeNet will combine its leading edge SafeXcel™ chips with the SSH QuickSec™ Toolkit for Access Networks to offer an unparalleled solution for the VPN market.
"SSH is a leading provider of standards-based network security toolkit solutions—combining the SSH QuickSec Toolkit for Access Networks with our SafeXcel series of chips creates the industry’s best, fully integrated, solution for VPN appliances," said Anthony Caputo, Chairman, and CEO of SafeNet.
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SafeNet Announces Newest Version of SoftRemote
AES Algorithm, NAT-T Draft 2 Support, and Policy Protection Among Key Features
BALTIMORE, MD – March 24, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced the availability of the newest version of its de facto standard VPN client software, SoftRemote®. Continuing in the trend of the most complete VPN software on the market, SoftRemote 10.0 now includes support for the Advanced Encryption Standard (AES) algorithm along with other advanced features for both users and security administrators.
"While we strive to emerge with leading edge products and technology for all markets, we owe it to our customers to continue to improve and enhance our standard products such as SoftRemote.
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SafeNet Names New Director of High Assurance Programs
BALTIMORE, Maryland–March 12, 2003– SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced the appointment of Ray Millaway as Director, Government Business Development for SafeNet. In his new position, Mr. Millaway will be responsible for civilian and defense business development within SafeNet's Enterprise Security Division.
"With an outstanding track record in the security industry, Ray Millaway brings valuable experience to our high assurance business development team," said Chris Fedde, Senior Vice President and General Manager, Enterprise Security Division of SafeNet.
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SafeNet Introduces Content Inspection Products
BALTIMORE, Maryland – March 11, 2003 - SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced the availability of the first product in its newly named Content Inspection Series of products. The SafeXcel-4850 chip, a Regular Expression co-processor for content inspection, enabling intrusion detection and prevention, firewall, virus scanning, and other compute–intensive applications is now available.
The Content Inspection Series of products from SafeNet will include the SafeXcel-4850 chip, a PCI card with the SafeXcel-4850 chip (SafeXcel 480-PCI), and a Regular Expression compiler that allows for easy integration of the chip or the board. Also available is a Developer's Kit, SDK-4850, which includes a development board, software drivers, and the compiler.
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SafeNet to Present at the Lehman Brothers Global Software and IT Services Conference
BALTIMORE, Maryland — March 10, 2003— SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced that SafeNet will present Tuesday, March 11, 2003 at 4:00 p.m. PST in Ballroom 4 at the Lehman Brothers Global Software and IT Services Conference at The Ritz-Carlton in Half Moon Bay, California.
Anthony Caputo, Chairman, and CEO of SafeNet, and Carole Argo, CFO of SafeNet will provide an overview of the Company.
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SafeNet to Present at the Raymond James 24th Annual Institutional Investors Conference
BALTIMORE, Maryland — March 3, 2003— SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced that the Company will present at the Raymond James 24th Annual Institutional Investors Conference on Tuesday, March 4, 2003 from 9:15 – 9:45 a.m. EST in Room A at The Hyatt Regency Grand Cypress in Orlando, Florida.
Anthony Caputo, Chairman, and CEO of SafeNet, and Carole Argo, CFO of SafeNet will provide an overview of the Company.
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SafeNet Purchases Assets Related to Raqia Networks, Inc.
BALTIMORE, Maryland — February 28, 2003— SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced the completion of the purchase of substantially all the assets of Raqia Networks, Inc., a fabless semiconductor company which offers a family of programmable systems-on-a-chip and co-processors ideal for Content Inspection including intrusion detection, firewall, and anti-virus scanning.
Total consideration paid by SafeNet was 389,640 of SafeNet common stock plus $805,000 in cash. SafeNet previously invested $1 million in Raqia Networks.
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SafeNet Supplies Security Cores to Texas Instruments' Five New OMAP Processors
SafeNet Security Gives TI Industry's First On-Chip Security Hardware to Protect Wireless Transactions, Data Transmission
BALTIMORE, MD – February 11, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced that it's proven encryption platform is being used in five new OMAP™ processors being offered by Texas Instruments Incorporated (TI). SafeNet and TI have been working together to deliver the highest form of security to OMAP processors by utililizing SafeNet's hardware-based crypto cores and processor-based software.
TI's five new OMAP processors, the OMAP1610, OMAP1611, OMAP1612, OMAP730, and OMAP732 devices with on-chip security, increase the performance of advanced applications that include graphics, multimedia content, and Java as much as eight times while reducing standby current as much as ten times in wireless handsets and PDAs. With these new, secured application processors, mobile device manufacturers can design smaller, more secure, and more economical devices with longer battery life and faster multimedia applications.
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SafeNet Completes Acquisition of Cylink Corporation
BALTIMORE, Maryland — February 6, 2003— SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced the completion of its acquisition of Cylink Corporation (Nasdaq: CYLK). Cylink develops, markets, and supports a comprehensive portfolio of hardware and software security products for mission-critical private networks and business communications over the Internet. The acquisition is accounted for as a purchase business combination.
About SafeNet, Inc.
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SafeNet and Cylink Shareholders Vote In Favor of Acquisition
BALTIMORE, Maryland and SANTA CLARA, California — February 5, 2003— SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, and Cylink Corporation (Nasdaq: CYLK), a leading E-business security provider, today announced that the Shareholders of both companies voted in meetings held today to approve the proposed acquisition. The close of the acquisition is scheduled for this week.
About Cylink
Cylink develops, markets, and supports a comprehensive portfolio of hardware and software security products for mission-critical private networks and business communications over the Internet. The company's solutions offer competitive advantages by lowering the cost of deploying and managing secure, reliable private networks, while enabling the use of the Internet for trusted transactions with business partners and customers.
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SafeNet Provides Department of Defense Government-wide License of High Assurance Client Software
Agreement Expands SafeNet Software to All Government Departments, Agencies, and Commands
BALTIMORE, MD – January 28, 2003 – SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced that the company has provided a government-wide license of SafeNet's new high assurance VPN client software to the Department of Defense (DoD). This agreement follows an additional DoD contract awarded to SafeNet on March 18, 2002.
A government-specific version of SafeNet's new high assurance software is available for any Government Department, Agency, or Command to use for remote access and secure communications. SafeNet is hosting a website exclusively for government employees to download the new software.
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SafeNet Reports Fourth Quarter and 2002 Year End Financial Results
Company Reports Record Revenues; Earnings Exceed Estimates
BALTIMORE, Maryland — January 28, 2003 — SafeNet (NASDAQ: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced results for the fourth quarter and year ended December 31, 2002.
Revenues for the three-month period ending December 31, 2002, were approximately $9.8 million, compared to approximately $4.1 million for the same period in 2001, an increase of 139%.
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SafeNet to Host Fourth Quarter and Year End 2002 Earnings Conference Call
BALTIMORE, Maryland —January 22, 2003— SafeNet (Nasdaq: SFNT), a leading global provider of Internet security technology that is the de facto standard in the VPN industry, today announced that it will host a conference call on Tuesday, January 28, 2003, at 5:00 pm EST to discuss the financial results for the fourth quarter and year ended 2002.
To join SafeNet in the conference call, dial 1-800-949-2486 and use pin # 6393732. The conference call will be replayed via webcast starting Wednesday, January 29, 2003, in the Investor Events section on SafeNet’s corporate website at Full Story |
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SafeNet VPN Technology Selected by NETGEAR for Complete Wireless LAN Security
BALTIMORE, Maryland — November 19, 2002— SafeNet (Nasdaq: SFNT), a leading global provider of Internet security technology that is the de facto standard in the VPN industry, today announced that NETGEAR has chosen its SafeXcel-1741 security co-processor to provide security to its new Wireless Firewall Router device, the FVM318. The FVM318 is a wireless firewall router device that establishes IPSec-based VPN tunnels over the wireless LAN and multiple tunnels over the WAN connection, so that small businesses can have a completely secure and cost-effective network solution.
According to Anthony Caputo, Chairman, and CEO of SafeNet, "NETGEAR is an emerging leader for networking applications, including wireless routers and LANs. NETGEAR's selection of our silicon and software is a perfect opportunity to deploy our technology to retail markets in a more widespread fashion.
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SafeNet Announces High Assurance VPN Client Software
HighAssurance Remote VPN Client Provides Enhanced FIPS Certified Technology Based on Industry De facto Standard Software and AES Algorithm
BALTIMORE, Maryland – November 19, 2002– SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced the availability of the HighAssurance™ Remote VPN Client. The HighAssurance™ Remote client is based on SafeNet's de facto standard VPN software product, SoftRemote®, licensed to 35 leading OEM manufacturers including four of the six leading VPN appliance manufacturers. The HighAssurance™ Remote client, which includes FIPS technology and the Advanced Encryption Standard (AES algorithm), is a truly ground breaking stride towards security aimed at supporting the nation's homeland security efforts, containing numerous high-level security features not currently found in any VPN software product on the market today.
"SafeNet is the leading expert in the security space and this high assurance security product release proves our eminence once again.
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NEC Corporation Selects SafeNet’s New SafeXcel-1741 VPN Chip to Secure Fiber Connections
BALTIMORE, Maryland — November 12, 2002 — SafeNet (Nasdaq: SFNT), a leading global provider of Internet security technology that is the de facto standard in the VPN industry, today announced that NEC Corporation has selected SafeNet's SafeXcel-1741 VPN chip to secure "Fiber to the Home" (FTTH) Connections. NEC is deploying the chip in its IX2010 access router for corporate networks.
"We are pleased to have NEC join the growing list of leading global corporations who are deploying our SecureIP Technology™ to a large number of SOHO users," said Anthony Caputo, Chairman, and CEO of SafeNet. "NEC is known for its high quality networking products.
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SafeNet Announces Plans to Acquire Cylink Corporation
Acquisition Expected to be Accretive, Adds Premier Government Customers
BALTIMORE--(BUSINESS WIRE)--Oct. 30, 2002--SafeNet (Nasdaq: SFNT - News), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced that it has signed a definitive merger agreement to acquire all the outstanding stock of Cylink Corporation (Nasdaq: CYLK - News). Under the merger agreement, SafeNet will issue 0.05 shares of SafeNet common stock for each outstanding share of Cylink common stock, or approximately 1.
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SafeNet Reports Third Quarter Financial Results
Company Reports a 144% Increase in Revenues; Earnings Exceed Guidance and Analyst Expectations
BALTIMORE, Maryland — October 17, 2002— SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced results for the third quarter ended September 30, 2002.
Revenues for the three-month period were $8.8 million, compared to $3.6 million for the same period in 2001, an increase of 144%.
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SafeNet Announces Alliance with Raqia Networks to Deliver High Assurance Security on Silicon
Combination of Strong VPN Security and Intrusion Detection, Virus Scanning, Firewall Capabilities
BALTIMORE, Maryland — October 17, 2002 — SafeNet (Nasdaq: SFNT), a leading global provider of Internet security technology that is the de facto standard in the VPN industry, today announced a joint development and marketing agreement with Raqia Networks. Under the agreement, SafeNet has also made a minority investment in Raqia and the two companies will link together their market-leading silicon technologies to create the industry's most secure and comprehensive systems-on-chip, co-processors, and accelerator cards.
According to Anthony Caputo, Chairman and CEO of SafeNet, "Raqia's technology fits beautifully with our VPN offering, and opens up new and expanded revenue opportunities. Our initial product effort, now in prototype form, is a plug-in board integrating VPN and intrusion detection, and containing both SafeNet and Raqia chips.
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SafeNet to Host Third Quarter Earnings Conference Call
BALTIMORE-Oct. 8, 2002-SafeNet (Nasdaq: SFNT - News), a leading global provider of Internet security technology that is the de facto standard in the VPN industry, today announced that it will host a conference call on Thursday, October 17, 2002, at 5:00 pm EDT to discuss the financial results for the quarter ended September 30, 2002.
To join SafeNet in the conference call, dial 1-800-283-1693 and use pin # 6246901. The conference call will be replayed via webcast starting Friday, October 18, 2002, in the Investor Events section on SafeNet's corporate website at www.
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SafeNet Announces VPN Client Software for the Pocket PC 2002
New Version of SoftRemotePDA Provides Secure, Interoperable Connectivity to Corporate Networks
BALTIMORE, Maryland–September 24, 2002– SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced the availability of SoftRemotePDA™ for the Pocket PC 2002. Compatible with any portable, handheld device using Pocket PC 2002 such as the Compaq iPAQ and Casio Cassiopeia®, SoftRemotePDA for the Pocket PC 2002 secures end-to-end connections between Pocket PC handheld devices and the corporate network. SoftRemotePDA for the Pocket PC 2002 is based on SafeNet's de facto standard VPN software product, SoftRemote®, licensed to 35 leading OEM manufacturers including four of the six leading VPN appliance manufacturers.
"Our VPN software is truly the industry de facto standard—today we are extending our market position so that Pocket PC users can now communicate securely with corporate networks.
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SafeNet Recruits Experienced Security Industry Sales Executive
Prakash Panjwani Appointed New Vice President of Worldwide Embedded Sales
BALTIMORE, Maryland – September 18, 2002 – SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced the appointment of Prakash Panjwani as Vice President of Worldwide Embedded Sales for SafeNet. In his new position, Panjwani will be responsible for worldwide sales within SafeNet's Embedded Security Division.
"Prakash is a highly experienced sales executive with a strong track-record in the security market. His experience and position in selling to OEM channels will allow SafeNet to accelerate its standing in the growing embedded security market," said Anthony Caputo, Chairman, and CEO of SafeNet.
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ZyXEL Communications Selects SafeNet's VPN Chip for its SOHO Gateway
BALTIMORE, Maryland — September 16, 2002— SafeNet (Nasdaq: SFNT), a leading global provider of Internet security technology that is the de facto standard in the VPN industry, today announced that ZyXEL Communications, the world's leading xDSL Router Manufacturer (Gartner Dataquest, July 2001) has selected the SafeXcel-1140 chip for its ZyWALL 50 security gateway, used for the small-office-home-office (SOHO) market.
According to Anthony Caputo, Chairman, and Chief Executive Officer of SafeNet, "Extending our reach into the OEM market is a fundamental component of SafeNet's growth strategy. Not only is the addition of ZyXEL as a SafeNet customer a testament to our high quality silicon solutions, which provide optimal price versus performance ranges for all types of markets, but ZyXEL also adds further depth and breadth to our OEM partnership relationships. Our Momentum Series chips, the newest category of SafeNet chips for broadband and SOHO applications, are being very well received in the market.
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SafeNet Provides NEC Solutions America with SoftRemote Client for Wireless Security
BALTIMORE, MD – August 5, 2002 – SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced that NEC Solutions America, has licensed SafeNet’s leading VPN remote access client, SoftRemote®. NEC Solutions America will resell SoftRemote to its customers for wireless LAN (WLAN), 802.11, and handheld security applications.
NEC Solutions America chose SafeNet SoftRemote because it provides the best security for "always on" connections—offering users security for internal WLAN security.
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SafeNet Announces Strategic Alliance with Phoenix Technologies to Deliver High Assurance Security Software and Managed Services
Industry Leaders to Deliver Integrated End-point Security
BALTIMORE, Maryland — July 29, 2002— SafeNet (Nasdaq: SFNT), a leading global provider of Internet security technology that is the de facto standard in the VPN industry, today announced a strategic alliance with Phoenix Technologies Ltd. (Nasdaq: PTEC), a global leader in device-authenticated software products for connected digital devices. Under the agreement, SafeNet and Phoenix will link together their market leading products to create the industry’s most secure VPN software and services.
The companies today announced that SafeNet will integrate Phoenix FirstAuthority™ Device Authentication into its SoftRemote® and Soft/Smart™ VPN remote access client software to create High Assurance security software and managed services for its customers.
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SafeNet Reports Second Quarter Financial Results
Company Reports a 137% Increase in Revenues; Earnings Exceed Higher Guidance SafeNet Raises Pro Forma EPS Guidance for 2002 to $0.22 to $0.25
BALTIMORE, Maryland — July 18, 2002 — SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced results for the second quarter ended June 30, 2002.
Revenues for the three-month period were $7.
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SafeNet Licenses Security Accelerator Intellectual Property to ARM
ARM to Provide Combined Technologies for Use in ARM Core-based Systems
BALTIMORE, MD – July 8, 2002 – SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced that ARM has licensed one of SafeNet's security accelerator cores for use in a wide range of applications. ARM, the industry's leading provider of 16/32-bit RISC microprocessor intellectual property (IP), has licensed the SafeNet EmbeddedIP™-25 Modular Multiplication and Exponentiation Accelerator Core (EIP-25), adding the proven security expertise of SafeNet to their already extensive family of processor cores.
With more than one billion ARM® core-based processors in use today, ARM has a large market share in embedded RISC processors serving industries including automotive, consumer entertainment, digital imaging, networking, storage, and wireless. ARM will license the cryptographic acceleration offered by the SafeNet EIP-25 together with its ARM core to its technology partners for use in a variety of applications including wireless chipsets and smart cards.
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SafeNet Issues Letter to Shareholders
BALTIMORE, MD – June 27, 2002 –SafeNet (Nasdaq: SFNT) today issued the following letter to shareholders from Anthony A. Caputo, Chairman, and CEO. The letter, issued in conjunction with the Company's presentation at the Wachovia Securities Investor Conference, is intended to update investors on SafeNet's progress, particularly given the significance of the Department of Defense and PalmSource news announcements earlier this week.
According to Caputo, "SafeNet is the only company in our market whose technology is sold in every product category.
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PalmSource Selects SafeNet as a VPN Security Partner
PalmSource to Distribute Evaluation Version of SafeNet VPN Software to Licensees
TECHXNY 2002, New York, NY and BALTIMORE, MD – June 26, 2002 - SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced that PalmSource, Inc. has selected SafeNet as a VPN security partner. SafeNet and PalmSource have been collaborating over the past few months on VPN security for wireless devices, including a license agreement for PalmSource to distribute an evaluation version of SoftRemotePDA™ for the Palm OS® 5 platform to licensees. Licensees will then be able to license the VPN client from SafeNet for distribution with their Palm Powered products.
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Department of Defense Selects SafeNet to Protect U.S. Critical Infrastructure and Classified Level Information
SafeNet Enters New Markets with Multi-million Dollar Government Contract
BALTIMORE, MD – June 25, 2002 – SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced that the company has been awarded a Department of Defense (DOD) contract for the development of high assurance, IPSec Application Specific Integrated Circuit (ASIC) devices.
This initiative will integrate SafeNet's gigabit IPSec security offerings with government security, and will incorporate the DOD's High Assurance Internet Protocol Encryption (HAIPE) architecture into the next generation of IPSec/VPN devices. The resulting ASIC products, with 2 Gbps operational speeds, will be available for use in commercial networks and systems supporting critical infrastructure protection and coalition forces communications within the next year.
In addition, SafeNet will develop a HAIPE compliant IPSec/VPN device certified for encrypting classified communications.
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Microsoft Licenses SafeNet VPN Client Technology for Windows Desktops
SafeNet VPN Software to be used in Microsoft Windows 98, Windows Millennium Edition, and Windows NT Workstation desktop operating systems
BALTIMORE, MD – July 1, 2002 – SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced that it has licensed a new version of SafeNet’s SoftRemote® VPN software to Microsoft Corporation. This new version of SafeNet VPN client software will support the IETF standard L2TP/IPSec VPN protocol for users of Microsoft Windows 98, Windows Millennium Edition, and Windows NT Workstation desktop operating systems.
Remote access communications have become a popular option for road warriors and other remotely working employees that want to access corporate information over the Internet. As VPNs have emerged to become a reality for business communications, SafeNet has worked with Microsoft to deliver the latest security technologies to corporate users that have not yet migrated to Windows XP or Windows 2000 Professional.
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SafeNet Introduces High Performing Security Co-Processor for Broadband, Wireless, and Consumer Market
SafeXcel-1741 Offers High Performance at Low Cost with DES, Triple DES, and AES Algorithms
BALTIMORE, Maryland – June 19, 2002 – SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the virtual private network (VPN) industry, today announced a new silicon product, the SafeXcel™-1741. The SafeXcel-1741 offers high performance Triple DES and Advanced Encryption Standard (AES) algorithms in a highly integrated VPN security co-processor at breakthrough prices. Ideal for broadband applications including routers, gateways, DSL/cable modems, wireless access points, and firewalls for remote or branch offices, the SafeXcel-1741 improves performance up to 260 Mbps IPSec packet throughput for ESP packets (AES and SHA-1). The SafeXcel-1741 is available now for $24.
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SafeNet Extends its Security Solution with the Addition of the VPN InterOp Toolkit
Components to Integrate Any Type of Encryption System
BALTIMORE, MD – May 20, 2002 – SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced the availability of its VPN InterOp Toolkit, making SafeNet the only security vendor that can offer one complete security solution. The VPN InterOp Toolkit allows IPSec, Internet Key Exchange (IKE), and Public Key Infrastructure (PKI) functionality to be quickly integrated in networking appliances such as gateways, DSL/Cable modems, routers, wireless access devices, storage devices, and SOHO boxes.
By utilizing SafeNet's VPN InterOp Toolkit along with the CGX Security Platform, any OEM developer or design engineer can reduce security implementation time by 50% with standalone solutions, and 80% versus self-developed implementations. This reduction in development time can save companies thousands to millions of dollars in research and development costs.
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SafeNet Introduces Next Generation Security Co-Processor for Broadband Market
SafeXcel-1141 Provides Unparalleled Price/Performance with DES, Triple DES, and AES Algorithms
BALTIMORE, Maryland – May 7, 2002 – SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the virtual private network (VPN) industry, today announced a new product, SafeXcel-1141. A next generation step from the SafeXcel-1140, the SafeXcel-1141, now offering DES, Triple DES, and Advanced Encryption Standard (AES) algorithms, is a highly integrated VPN security co-processor optimized for a variety of products such as routers, gateways, DSL/Cable modems, wireless access points, and firewalls. The SafeXcel-1141 is poised for a leading position among security processors, because it provides the optimum price versus performance point for broadband and wireless applications.
A highly sophisticated security co-processor, the SafeXcel-1141 incorporates security engines for a variety of IPSec, SSL, and WTLS operations while including necessary functions such as DES, Triple DES, AES, MD5, SHA-1, random number generation, and public key computations.
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SafeNet Reports First Quarter Financial Results
Company Reports Better Than Expected Results And Increases Guidance For 2002
BALTIMORE, Maryland — April 25, 2002— SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced results for the first quarter ended March 31, 2002.
Revenues for the three-month period were $6.2 million, compared to $5.6 million for the same period in 2001 and on a sequential basis, revenues increased by 50% from the fourth quarter of 2001.
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CyberGuard Selects SafeNet SoftRemote and SafeXcel 241-PCI Card to Offer Complete End-to-End Security
BALTIMORE - (BUSINESS WIRE) - April 15, 2002 -SafeNet (Nasdaq:SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced that CyberGuard Corporation (OTCBB: CYBG) has selected its SoftRemote® VPN client software and the SafeXcel 241-PCI Card, a VPN accelerator board for mid-to-high range applications. CyberGuard has begun deploying the SafeXcel 241-PCI card into its KS and SL line of firewall/VPN appliances, and offering SoftRemote to its customers for a complete and secure remote access solution.
A leading provider of network security solutions, CyberGuard has begun offering this bundle to its Fortune 1000 customers including large enterprises, commercial and government organizations. By using the SafeXcel-241 card for accelerating VPN performance and the SoftRemote VPN software for remote users, CyberGuard is expanding on their enterprise-class solution giving customers complete and secure end-to-end VPN communications.
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SafeNet Announces Newest Version of SoftRemote
Microsoft XP Compatibility and NAT Traversal Support Among Key Features
BALTIMORE, MD – April 2, 2002 – SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced the newest version of its de facto standard VPN client software, SoftRemote®. SoftRemote 8.0 with Microsoft® Windows® XP compatibility and support for Network Address Translation (NAT) Traversal, becomes the only VPN client on the market today that offers compatibility with all Microsoft Windows operating systems along with other advanced features and extensive interoperability.
As Microsoft's latest operating system, Windows XP is becoming increasingly popular with industry users.
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Hagenuk CPS Selects SafeNet SafeXcel-810 Chip for Financial and E-commerce Transactions
HANNOVER, Germany -(BUSINESS WIRE) - March 18, 2002 -SafeNet (Nasdaq: SFNT - news), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced that Hagenuk CPS has selected its SafeXcel-810 chip for the CPS FinSafe smart card reader. Hagenuk CPS, a leading worldwide innovator of security-based Internet appliances and secure smart card readers, will deploy the SafeXcel-810 chip in its FinSafe smart card reader to secure financial and e-commerce applications. Recently introduced at the RSA Conference, the SafeXcel-810 chip is an integrated circuit (IC) designed for stand-alone smart card readers and keyboards with built-in readers, which performs all encryption functions necessary to fully secure a smart card reader.
The FinSafe line of smart card readers, for both RS232 and USB interfaces, provides complete end-to-end system security for web-based e-commerce transactions.
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SafeNet To Hold Conference Call For 2002 Business Update
BALTIMORE, Maryland — March 15, 2002— SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced that it will be conducting a conference call to update 2002 financial guidance and to discuss the changes in its European operations as a result of the recent acquisition of SafeNet BV (formerly Securealink B.V.).
The SafeNet conference call will be held on Monday, March 18, 2002 at 4:30 p.
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Qwest Communications' Virtual Private Network Services Available To All Federal Government Agencies
DENVER, February 27, 2002 - Qwest Communications International Inc. (NYSE: Q), the broadband communications company, today announced that it now offers a complete spectrum of virtual private network (VPN) services to the U.S. federal government.
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SafeNet and Compaq Computer Join Forces To Secure Wireless Transactions
Compaq’s MultiPrime Technology to be Embedded in SafeNet Security Processors
RSA CONFERENCE, San Jose, California – February 20, 2002 – SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the virtual private network (VPN) industry, and Compaq Computer Corporation (NYSE: CPQ), today announced a joint effort to provide enhanced security for wireless transactions. Under the agreement, SafeNet will embed Compaq’s MultiPrime™ security technology into upcoming versions of SafeNet’s security processors.
MultiPrime, a patented technology from Compaq that increases the performance of public key cryptography on both server and client platforms, provides wireless and embedded device manufacturers with breakthrough technology, enabling high-speed performance and enhanced security on small footprint devices such as personal digital assistants (PDAs), mobile phones, and pagers. Integrating MultiPrime technology into hardware or software for wireless devices can result in an increase of performance of about 50%.
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NMB Technologies Selects SafeNet SafeXcel-810 Chip for Financial and E-commerce Transactions
RSA CONFERENCE, San Jose, California – February 19, 2002 – SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced that NMB Technologies (NMB) has selected its SafeXcel-810 chip for secure keyboard transactions. NMB, the leading OEM manufacturer of computer keyboards worldwide, is deploying the SafeXcel-810 chip inside of its keyboard smart card readers to secure financial and e-commerce applications and to allow secure Windows logon.
Producing more than 2 million keyboards each month, NMB delivers high-quality keyboards to major OEM computer manufacturers worldwide. NMB is deploying the SafeXcel-810 chip in its smart card reader on the keyboard to offer its OEM customers a way to conduct sensitive transactions like charging consumer credit cards.
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SafeNet Introduces New Chip for Secure Smart Card Readers and Tokens
Leading keyboard manufacturer selects SafeXcel-810 for Financial and E-commerce Applications
RSA CONFERENCE, San Jose, California – February 19, 2002 – SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced the availability of the SafeXcel-810 chip for secure smart card readers. The SafeXcel-810 chip is an integrated circuit (IC), which was originally developed by Securealink BV, designed for stand-alone smart card readers and keyboards with built-in readers. With solid and proven security technology within the chip, the SafeXcel-810 is already poised for success with its first major customer. NMB Technologies, the world’s leading keyboard manufacturer, has selected SafeXcel for financial and e-commerce transactions.
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SafeNet Reports 2001 Year End and Fourth Quarter Results
BALTIMORE, Maryland — January 29, 2002— SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced results for the fourth quarter and year ended December 31, 2001.
Revenues for the three-month period were $4.5 million, compared to $8.9 million for the same period in 2000 and on a sequential basis, revenues increased by 12% from the third quarter of 2001.
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SafeNet Completes Acquisition of Securealink
BALTIMORE, Maryland – January 3, 2002 – SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard in the VPN industry, today announced the completion of its acquisition of The Netherlands-based Securealink, Inc., an experienced European manufacturer of security chips for e-commerce transactions. The acquisition will be accounted for as a purchase transaction.
This acquisition ensures that SafeNet’s growth in the silicon and intellectual property aspects of its business will accelerate through access to a full fabless semiconductor business model with in-house design and customer fulfillment, and the fortified support of SafeNet’s key European wireless customers.
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