Lanner Electronics Selects SafeNet’s SafeXcel Chips for Network Security Appliances

BALTIMORE, Maryland-April 29, 2003- SafeNet (Nasdaq: SFNT), a leading provider of private and public network security solutions who has set the industry standard for VPN technology and secure business communications, today announced that Lanner Electronics, Inc. has selected the SafeXcelâ„?-1141 and SafeXcelâ„?-1741 chips to apply to their hardware platforms. Lanner Electronics (Lanner) is a technology company delivering core design solutions serving a wide variety of industrial and embedded applications needs.

“As we continue to deploy technology to all markets for security at the ground level, Lanner is a unique example of companies who act as an original design manufacturer for large companies in the education, government, business and health sectors-this is another great opportunity for SafeNet to supply proven VPN security at the manufacturing and design point of network products for a large base of the industry,” said Anthony Caputo, Chairman, and CEO of SafeNet. “Lanner is a leading supplier of technology for hardware networking solutions, and we are pleased that they will be distributing SafeNet security technology to their large and diverse customer base.”

Lanner will be using SafeNet’s Momentum Series in Chips, the SafeXcel-1141 and SafeXcel-1741, for their hardware platforms. Lanner provides hardware platforms for system integrators and software vendors to port their hardware and software solutions into Lanner hardware platforms. Targeted at the small and medium sized enterprises, Lanner’s hardware platforms are used for network security appliances. Lanner needed to provide VPN acceleration that was cost-effective and high performing and SafeNet easily met those needs with the SafeXcel chips.

“As a leader in network security chip sets and enterprise security systems with an impressive customer base, SafeNet has the immense expertise to help us supply VPN acceleration to our customer base,” said Jeremy Wei, Vice President for Lanner. “SafeNet’s products are high performing and cost-effective and we know we are getting the industry’s best security offering for our business needs and for the needs of our customers.”

Part of the Momentum Series in SafeXcel silicon chips, the SafeXcel-1141 and SafeXcel-1741 are highly sophisticated security co-processors optimized for very cost-sensitive designs such as routers, firewalls, wireless access points, DSL/cable modems, and residential gateways.

About SafeNet, Inc.
SafeNet, Inc. (Nasdaq: SFNT), a leading provider of private and public network security solutions, has set the industry standard for virtual private network (VPN) technology and secure business communications and offers the only encryption platform to meet your security needs. With more than 20 years experience in developing, deploying, and managing network security systems for the most security-conscious government, financial institutions and large enterprise organizations around the world, SafeNet’s proven technology has emerged as the de facto industry standard for VPNs. SafeNet is the single-source vendor for WAN and VPN security solutions teamed with an easy and low-cost migration path to a broad range of VPN products. SafeNet security solutions, based on SecureIP Technologyâ„?, and part of the CGX Security Platform, have become the products of choice for leading Internet infrastructure manufacturers, service providers, and security vendors. With SafeNet securing the infrastructure of today’s e-business communications as well as leading the way in government Homeland and classified data security, the company has opened new markets for interoperable, secure, and deployable VPN communications. Commercial customers include Texas Instruments, Microsoft, Samsung, Centillium Communications, ARM, and Cisco Systems. Government, financial, and large enterprise customers include Federal Bureau of Investigation, U.S. Postal Service, U.S. Department of Defense, U.S. Internal Revenue Service, Social Security Administration, MBNA, American Express, Bank of America, Eastman Kodak, Hewlett-Packard, and Motorola. For more information, visit http://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. These risks and uncertainties include contract termination risks, risks associated with acquiring other companies, including integration risks, and other risks described in SafeNet’s Securities and Exchange Commission filings.




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