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Allied Telesyn Selects SafeNet's SafeXcel-1141 VPN Chip for Securing Enterprise Applications

BALTIMORE—(BUSINESS WIRE)—Jan. 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(TM)-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. We are pleased that these markets will also be deploying our technology for enterprise applications."

Allied Telesyn has been developing IP-based network products for use in video, voice, and data networks at the metro edge, in education, government agencies, and across the enterprise. The SafeXcel-1141 chip will be deployed in Allied Telesyn's AR450S Security Router, an enterprise-class security appliance offering versatility, integration, performance and security for medium business and enterprise networks.

"We chose SafeNet's SafeXcel-1141 chip because it had the best price-to-performance ratio versus anyone in the market. SafeNet has made itself an expert in the security industry and we have great confidence in them as our security provider," said Geoff Shaw, General Manager, Router products. "SafeNet has great history and an even better future--we're excited to be working with them on our security solutions."

Part of the Momentum Series in SafeXcel silicon chips, the SafeXcel-1141 is a highly sophisticated security co-processor designed for low to mid range networking applications like routers, firewalls, wireless access points, DSL/cable modems, and residential gateways.

About SafeNet, Inc.

SafeNet, Inc. (NASDAQ:SFNT), a leading provider of private and public network security solutions, has set the industry standard for VPN technology and secure business communications and offers the only encryption platform for both WAN and VPN networks. With more than 20 years experience in developing, deploying, and managing network security systems for the most security-conscious government, financial institutions, and large enterprise organizations around the world, SafeNet's proven technology has emerged as the de facto industry standard for VPNs. SafeNet is the single-source vendor for WAN and VPN security solutions teamed with an easy and low-cost migration path to a broad range of VPN products. SafeNet security solutions, based on SecureIP Technology(TM), and part of the CGX Security Platform, have become the products of choice for leading Internet infrastructure manufacturers, service providers, and security vendors. Securing the infrastructure of today's e-business communications as well as leading the way in government Homeland and classified data security, SafeNet has opened new markets for interoperable, secure, and deployable VPN communications. Commercial customers include Texas Instruments, Microsoft, Samsung, Centillium Communications, ARM, and Cisco Systems. Government, financial, and large enterprise customers include the National Security Agency, Federal Bureau of Investigation, U.S. Postal Service, U.S. Department of Defense, U.S. Internal Revenue Service, Social Security Administration, American Express, Bank of America, Eastman Kodak, Hewlett-Packard, and Motorola. For more information, visit http://www.safenet-inc.com/.

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

The statements contained in this release, which are not historical facts, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include contract termination risks, risks associated with acquiring other companies, including integration risks, and other risks described in SafeNet's Securities and Exchange Commission filings.

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



Contact:
SafeNet, Inc.
Maureen Kolb, 443-327-1238
mkolb@safenet-inc.com
www.safenet-inc.com

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