SafeNet Joins the Metro Ethernet Forum; Company Becomes First Information Security Firm to Join MEF

Business Wire, Sept 20, 2006

BALTIMORE -- SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, today announced it has joined the Metro Ethernet Forum (MEF), a non-profit organization dedicated to accelerating the worldwide adoption of Carrier Ethernet networks. SafeNet is the first security company to become an MEF member.

With data security and privacy regulations being major network issues, security assurance is a clear market need, regardless of the type of network transport technology employed. Demand for Metro Ethernet networks is growing rapidly around the world and across different industries and applications. Correspondingly, end users with mission-critical needs are increasingly turning to Carrier Ethernet.

"We are delighted to have a security expert like SafeNet as one of our new members," said Nan Chen, president of the Metro Ethernet Forum. "We expect that SafeNet will play an integral role in further expanding our knowledge, and communicating to the market Carrier Ethernet's strong present-day attributes, as well as best practices for mission-critical applications."

SafeNet's family of SafeEnterprise(TM) Ethernet Encryptors offer line-speed encryption at Layer 2, eliminating latency considerations and bandwidth overhead, two issues endemic with Layer 3 encryption. SafeEnterprise(TM) Ethernet Encryptors protect 10Mbps, 100Mbps and GbE Ethernet networks, and easily integrate into next-generation Ethernet networks, whether they are copper, fiber optic or wireless connections.

"Metro Ethernet enables cheaper deployment of productivity-enhancing -- and often revenue stimulating -- applications," said Ron Young, founding chairman of the Metro Ethernet Forum. "Carriers are eager to demonstrate the ability of Metro Ethernet to support critical applications and data, and SafeNet is helping the industry to do this."

MEF is comprised of leading service providers, major incumbent local exchange carriers, top network equipment vendors, test equipment vendors and other prominent networking companies dedicated to accelerating the worldwide adoption of Carrier Ethernet networks and services. MEF has over 80 members, including Agilent Technologies, Alcatel, AMCC, AT&T, Atrica, British Telecom, Cisco Systems, Ericsson, France Telecom R&D LLC, Lucent Technologies, NEC, Nortel Networks, PMC-Sierra, Resolute Networks, Siemens, and Strix Systems, among others.

About SafeNet's Line of SafeEnterpise Ethernet Encryptors

Operating transparently at Layer 2, with seamless end-to-end integration and adding virtually no latency, SafeEnterprise Encryptors are engineered to meet Federal Information Processing Standards (FIPS) and Common Criteria (CC) standards, and enable organizations to secure 10Mbps, FastEthernet (100Mbps) and GbE (1Gbps) Metro Ethernet circuits with AES-256 encryption.

The SafeEnterprise(TM) Security Management Center (SMC) is the operational support application that centrally manages SafeNet's entire family of network encryptors, helping companies to not only lower management costs but also to easily produce a data security audit trail to meet auditing requirements.

To find more on the complete SafeNet High-Speed Encryption product line, visit: http://www.safenet-inc.com/products/encryptors/index.asp.> 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

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

The statements contained in this release, which are not historical facts, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. Important factors that could cause actual results to differ materially are included but are not limited to those listed in SafeNet's periodic reports and registration statements filed with the Securities and Exchange Commission. The Company assumes no obligation to update information concerning its expectations.

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