SafeNet Introduces Sentinel Hardware Keys with Real Time Clock
Non-repudiated Time Source Adds Additional Dimension of License Flexibility and Security
BALTIMORE, Maryland May 3, 2006 - SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced the launch of Sentinel Hardware Keys Real Time Clock (RTC), a software rights management token that protects software vendors from unauthorized use or distribution of their products and includes a non-repudiated time source.
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Sentinel RTC Keys contain a clock stored inside the hardware key that allows software developers to reliably and securely offer time-based license models such as trial, demo or subscription. With Sentinel RTC Keys, developers are able to meet their customers' needs for flexible time-based licensing while protecting their revenue streams with the highest level of protection against time tampering. RTC Keys also allow end users to place timestamps (hours, minutes, seconds) and date (day, month, year) on the output of an application for definitive time recording purposes.
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"The availability of Sentinel Hardware Keys with a physical clock increases the high level of security because the key does not need to rely on the users' system time," said Eric Gruenke, Security Analyst at Hal-Tec Corporation. "Hal-Tec was concerned about the vulnerability of the communications pipe between the hardware token and the software application. We considered different products and found the Sentinel Hardware Key to be the most secure token available particularly because of the encryption protecting the communications."
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Sentinel Hardware Keys are the first to incorporate public key cryptography, AES encryption and internal authentication. The result is an ultra-secure hardware token that still offers the highly flexible licensing for which the SafeNet Sentinel product line is known. Additionally, with Sentinel Business Layer APIs, developers can obtain the highest level of security and control over license designs without spending time on lower level programming.
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"We are excited to offer our customers increased functionality with this revolutionary hardware token." said Ken Chow, general manager, Software Protection Business Unit, SafeNet Inc. "With the real time clock, software developers using Sentinel Keys now have the highest level of protection against time tampering in addition to the strongest security for protecting their intellectual property."
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Sentinel Hardware Keys, SafeNet's industry-leading hardware tokens which, when attached to a computer or network, monitor and enforce the licensing of products which have been protected using this solution. Sentinel Hardware Keys deliver military-grade security through public key cryptography, AES encryption and internal authentication. SafeNet's Unified Software Protection is available immediately and can be purchased in a variety of configurations to suit different needs. More information can be found at www.safenet-inc.com.
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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, Bank of America, Adobe, Cisco Systems, Microsoft, Samsung, Texas Instruments, the U.S. Departments of Defense and Homeland Security, 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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About Hal-Tec Corporation
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Hal-Tec Corporation is a privately held telecommunications enterprise with leading edge Engineering and Software Solutions and Technical Support Services provided to clients. Hal-Tec was established in 1989 and currently has a presence in over 45 states and in 6 countries. Hal-Tec currently offers engineering, construction, inside wire service support, outside plant support, full-service engineering, software solutions, training, staff augmentation and professional consulting services for Telecommunications Service Providers, Cable Television Operators, Power Utilities, Gas Utilities and Water/Wastewater Utilities.
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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, Inc.