SafeNet and RSA Security Form Strategic Partnership to Deliver Wireless VPN Security
BALTIMORE BEDFORD, Mass.–(BUSINESS WIRE)–Sept. 18, 2001–
Companies Combine Technology for Solid Wireless Security
Internet security leaders SafeNet, Inc. (Nasdaq: SFNT) and RSA Security Inc. (Nasdaq: RSAS) today announced that the companies have signed a strategic partnership agreement to create wireless VPN clients for the mobile marketplace based on RSA Security technology. The companies will contribute components of their field-proven technologies to provide end-to-end security for a variety of wireless Internet devices including personal digital assistants (PDAs), mobile phones, and pagers.
The powerful combination of RSA BSAFE(R) software and SafeNet’s SecureIP Technology(TM) is designed to help set the standard and provide a foundation to build secure wireless applications. With approximately one billion RSA BSAFE-enabled applications in use worldwide, customers, end users and OEMs can be assured that they are receiving the highest level of interoperability and connectivity available for wireless users trying to connect to access points.
According to Gartner Dataquest, shipments of PDAs and mobile phones will grow to a staggering 34 million by the year 2004. With the increase of organizations using wireless devices for vital business communications, the need for securing these m-commerce applications is emerging. Organizations must combat the new set of security threats that evolve with wireless communications including cloning, untrusted code, lost/stolen devices, theft of content, and denial of service. The combination of these field-proven technologies will be designed to provide users with high-performance mobile communications and trusted security.
“This strategic partnership with RSA Security will allow both organizations to take advantage of established marketing channels and best-of-class technological foundations. This relationship will provide extensive and proven solutions in the industry by utilizing RSA BSAFE software and SafeNet’s de facto VPN client,” said Rick Geritz, president and general manager of SafeNet. “RSA Security is a leader in securing the world of e-business and is an obvious choice for us to partner with to secure the quickly expanding mobile industry.”
“As we continue to expand our security expertise into the new mobile world, SafeNet will help us meet this goal,” said Bill McQuaide, vice president of product marketing at RSA Security. “We’ve partnered with SafeNet in the past to develop advanced solutions to integrate digital certificate technology with VPN technology. This latest agreement is the next logical step for the leaders in VPN and e-security to develop trusted security for mobile business communications.”
About RSA Security, Inc.
RSA Security Inc., the most trusted name in e-security(TM), helps organizations build secure, trusted foundations for e-business through its RSA SecurID(R) two-factor authentication, RSA BSAFE encryption and RSA Keon(R) digital certificate management systems. With approximately one billion RSA BSAFE-enabled applications in use worldwide, more than nine million RSA SecurID authentication users and almost 20 years of industry experience, RSA Security has the proven leadership and innovative technology to address the changing security needs of e-business and bring trust to the online economy. RSA Security can be reached at www.rsasecurity.com.
About SafeNet, Inc.
SafeNet (Nasdaq: SFNT), a leading provider of Internet security utilizing its SecureIP Technology(TM), has set the industry standard for Virtual Private Network (VPN) technology and secure business communications. The company brings over 18 years of experience in developing, deploying and managing network security systems for the most security-conscious financial institutions and government organizations around the world. SafeNet’s proven technology has emerged as the de facto industry standard for VPNs, establishing the company as the provider of choice for leading Internet infrastructure manufacturers, service providers and security vendors. Customers include Texas Instruments, Centillium Communications, Cisco Systems, Nortel Networks, Nokia and 3Com. With SafeNet securing the infrastructure of today’s e-business communications, the company is opening new markets for interoperable, secure and deployable VPN communications. For more information, visit www.safenet-inc.com.
Editors’ Note: SafeNet is a registered trademark of SafeNet, Inc. RSA, BSAFE, and Keon are registered trademarks, RSA Secured, SecurWorld and The Most Trusted Name in e-Security are trademarks of RSA Security Inc.
This press release contains forward-looking statements relating to the anticipated benefits of a strategic relationship between RSA Security and SafeNet, including the development of a wireless VPN product, and the growth of the market for wireless communications. Such statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are market acceptance of new technologies, changes in customer requirements or industry or government standards, technological changes, the parties’ ability to maintain their strategic relationship, delays in product development, technical difficulties, competitive pressures, general economic conditions and the risk factors detailed from time to time in RSA Security’s periodic reports and registration statements filed with the Securities and Exchange Commission, including without limitation RSA Security’s Annual Report on Form 10-K filed on March 28, 2001 and Quarterly Report on Form 10-Q filed on May 15, 2001.