SafeNet Extends Agreement with Senetas

SafeNet, Inc., a global leader in information security, today
announced the Company has signed a Memorandum of Understanding (MOU)
with Senetas to extend the manufacturing agreement of its high speed
network encryption hardware. This provides for SafeNet's continuation
of production and global distribution of the industry's only FIPS
Certified Ethernet Encryption products as well as the FIPS accredited
High Speed ATM and SONET products.

"This MOU will continue SafeNet's industry leading position as
reliable source for product delivery, manufacturing, on-going
technical support, maintenance, and roadmap commitments to global
customers," said Andy Solterbeck, vice president of product
management, Commercial Security Division, SafeNet. "As the only
Senetas partner able to offer FIPS Certified Encryptors, SafeNet will
continue to lead the market in innovative technology solutions."

Since 2003, the technology partnership between SafeNet and Senetas
has resulted in SafeNet products being sold to international
governments and commercial organizations, including the U.S.
Department of Defense.

For more information, please visit www.safenet-inc.com.

About SafeNet, Inc.

SafeNet is a global leader in information security. Founded more
than 20 years ago, the company provides complete security utilizing
its encryption technologies to protect communications, intellectual
property and digital identities, and offers a full spectrum of
products including hardware, software, and chips. UBS, Nokia, Fujitsu,
Hitachi, ARM, Bank of America, NetGear, the Departments of Defense and
Homeland Security, Adobe, Samsung, Texas Instruments, the U.S.
Internal Revenue Service and scores of other customers entrust their
security needs to SafeNet. For more information, visit
www.safenet-inc.com.

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