SIIAs Annual CODiE Awards Recognizes Multiple SafeNet Solutions as Finalists for the Industrys Best Digital Rights Management Software Solution
Sentinel RMS and Sentinel Hardware Keys Both Nominated to Outperform Competitors as the Industry's Premier Provider of Software Digital Rights Management Solutions
BALTIMORE, Maryland February 2, 2006 SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, announced today that two of the company's Digital Rights Management (DRM) solutions, Sentinel RMS and Sentinel Hardware Keys, have been named by the Software & Information Industry Association (SIIA) as finalists in the 2006 CODiE Awards for Best DRM Software Solution.
SafeNet is the premier provider of encryption-based information technologies to financial institutions, large enterprises and government agencies worldwide, with a proven expertise within the DRM marketplace. Nominated for the second year in a row, SafeNet's Sentinel Hardware Keys, protect software vendors from unauthorized use or distribution of their products, are the most secure hardware tokens in the world. The companys Sentinel RMS is a comprehensive system that dramatically reduces or eliminates many of the costs normally associated with license management by optimizing the entire licensing lifecycle, from design, to fulfillment, to ongoing management.
"SafeNet is very proud to be the only provider of a complete and integrated DRM solution under our Unified Software Protection Platform, which manages protection as a part of critical business operations - from development, delivery and management to monitoring and mitigation." says Prakash Panjwani, vice president and general manager, Rights Management Business Unit, SafeNet, Inc. "The nomination of both Sentinel RMS, as well as the Sentinel Hardware Keys represents the industry's growing demand for an integrated security solution consisting of hardware, software, and service offerings all working together to protect the assets of software vendors throughout the entire product lifecycle"
The CODiE Awards recognize 71 categories of outstanding products and services, as well as corporate excellence and philanthropy. This years 348 finalists represent a wide and impressive array of technology and business excellence, passion and success. They were chosen from more that 1,026 nominations submitted by more than 500 companies breaking the nominations record set in the 2005 awards. For a complete list of the 2006 CODiE Award finalists, please go to: www.siia.net/codies/2006/finalists.asp.
"The 21st Annual CODiE Awards continue the tradition of honoring the best of the software, information and education technology industries," said Ken Wasch, SIIA President. "When one considers the number of outstanding companies that competed this year, being named a CODiE Awards Finalist is a significant achievement."
The 2006 CODiE Awards will be presented at a gala event on May 16 at the Westin St. Francis Hotel, San Francisco, CA.
About SIIA
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to more than 800 leading software and information companies. For further information, visit www.siia.net.
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. USB, 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.
Source: SafeNet
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