Faraday Selects Semiconductor IP from SafeNet to Power Secured Server Control Chip; SafeNet's SafeXcel IP Enables Next-Generation Command Center Appliances
BALTIMORE—(BUSINESS WIRE)—Sept. 14, 2005—
SafeNet, Inc. (NASDAQ:SFNT), setting the standard for
information security, today announced that Faraday, a leading
Application Specific Integrated Circuits (ASIC) provider, has licensed
SafeNet's SafeXcel IP to implement an ASIC for its customer which
would enable next-generation server control functions in data centers.
"Our customers require a powerful yet cost-effective security
solution to build a wide range of ASICs for the next generation of
Internet and data center applications," said H.P. Lin, President at
Faraday. "SafeNet's industry-leading security cores not only meet all
of our design requirements, they are also silicon-proven and
remarkably easy to integrate into our ASIC platform. Beyond this first
success, we expect to use SafeNet in a variety of upcoming ASICs."
To address these needs, Faraday licensed SafeNet's SafeXcel IP
Packet Engine -- a highly integrated cryptographic accelerator for
IPSec, SSL, TLS, and SRTP packet processing, as well as SafeNet's
SafeXcel IP Content Inspection Engine for high-performance protection
against malicious code and intrusion attempts.
"With the trend toward integration of multiple security functions
into single silicon platforms, our security cores for packet
processing and content inspection are a perfect fit for Faraday
customers' next-generation ASICs," said Henk Pruim, vice president and
general manager of SafeNet's OEM Networking Business Unit. "This is
another example of the cost, performance and time-to-market benefits
our partnership brings to networking OEMs looking for custom security
solutions. We are looking forward to working closely with Faraday to
help their customers succeed."
SafeNet OEM products include QuickSec security software, SafeXcel
hardware security processors, and silicon-proven semiconductor IP.
This comprehensive hardware and software security platform enables
vendors to build complete network security solutions while reducing
total cost and time to market.
About SafeNet, Inc.
SafeNet is a global leader in information security. Founded more
than 20 years ago, the company provides complete security utilizing
its encryption technologies to protect communications, intellectual
property and digital identities, and offers a full spectrum of
products including hardware, software, and chips. ARM, Bank of
America, NetGear, the Departments of Defense and Homeland Security,
Adobe, Samsung, Texas Instruments, the U.S. Internal Revenue Service
and scores of other customers entrust their security needs to SafeNet.
For more information, visit www.safenet-inc.com.
About Faraday Technology Corporation
Faraday Technology Corporation is a leading silicon IP and fabless
ASIC vendor. The company's broad IP portfolio includes 32-bit RISC
CPUs, USB 2.0, Ethernet, Serial ATA, and PCI-Express. With more than
550 employees and 2004 revenue of $159 million, Faraday is one of the
largest fabless ASIC companies in the Asia-Pacific region, and it also
has a significant presence in other markets, worldwide. Headquartered
in Taiwan, Faraday has service and support offices around the world,
including the U.S., Japan, Europe, and China. For more information,
please visit: http://www.faraday-tech.com.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995
The statements contained in this release, which are not historical
facts, are forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These statements are subject to uncertainties
that could cause actual results to differ materially from those set
forth in or implied by forward-looking statements. Important factors
that could cause actual results to differ materially are included but
are not limited to those listed in SafeNet's periodic reports and
registration statements filed with the Securities and Exchange
Commission. The Company assumes no obligation to update information
concerning its expectations.
Editor's Note: SafeNet is a registered trademark and SafeXcel is a
trademark of SafeNet, Inc. All other trademarks are the property of
their respective owners.
Contact:
SafeNet, Inc.
Public Relations:
Maureen Kolb, 443-327-1238
Email Contact
or
Investor Relations:
Gregg Lampf, 443-327-1532
Email Contact
www.safenet-inc.com
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