SafeNet KIV-7M Encryptor Certified by U.S. Government
SafeNet First to Receive Product Certification under U.S. Governments Cryptographic Modernization Initiative
BALTIMORE, Maryland March 30, 2006 SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, announced that SafeNets KIV-7M encryptor has been certified by the U.S. Government. The KIV-7M is the first encryption product that has been certified and is fully compliant with the U.S. Governments Cryptographic Modernization Initiative administered by the National Security Agency (NSA). Through this initiative, the U.S. Government has the ability to upgrade the security infrastructure of its communication architectures to meet present and future security needs.
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The KIV-7M is the first ever dual-channel link encryptor that offers two independent channels in one box. The KIV-7M was in development during the last two years and meets the requirements of the NSAs Link Encryptor Family Interoperability Specification (LEFIS), which mandates modes of operation to provide interoperability. The KIV-7M meets all five Cryptographic Modernization cornerstones and fully implements all NSA Type 1 certification requirements. SafeNet began delivering product to U.S. Government sites in December 2005.
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We are extremely excited that the KIV-7M is now ready for large-scale deployment into architectures for the Global Information Grid. Our customers have been awaiting the certification and we look forward to delivering product to the Defense and Civilian communities, said Jim Summers, vice president and general manager, Government Systems Business Unit, SafeNet, Inc. and president, SafeNet, Inc. Mykotronx. The KIV-7M is a truly unprecedented product. With its dual-channel and upgradeable capabilities, it offers efficiencies in many areas of the Governments Crypto Mod Program.
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The compact and rugged KIV-7M is a multi-channel, multi-function encryptor and facilitates interoperability with a number of legacy devices in a single unit, reducing user operating costs and saving valuable space and weight aboard vehicles, ships, and aircraft. It is fully reprogrammable, permitting it to be reconfigured for new security features as they are developed and will be network-capable by the addition of an optional HAIPE-compliant interface card in the future.
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Cryptographic Modernization Initiative and SafeNet
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Since 1979, SafeNets products have been protecting a wide variety of U.S. Government communications systems now being upgraded under the Cryptographic Modernization Initiative. SafeNets KIV-7 product line has earned a significant share of the stringent Government security market. SafeNets KIV-7M is the latest and most fully-featured generation of the product line offered to this important market segment. In February 2005, in Signal Magazine, Brig. Gen. Edward L. Mahan Jr., USAF, the outgoing Deputy for Acquisition at the Air Forces Electronic Systems Center, estimated that the Cryptographic Modernization program may cost upwards of $7 billion across the entire U.S. Defense Department.
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About SafeNet, Inc.
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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
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"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
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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.
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Source: SafeNet
