AEP Systems Appoints Baltimore Technologies as Premier Partner In Japan

Dublin, Ireland – June 8, 2004 – AEP Systems, the high-speed security solutions company is pleased to announce that Baltimore Technologies Japan, a technology leader in e-security services and solutions, has been chosen as a Premier Partner to distribute AEP Systems’ AEP SureWare Keyper product to the growing IT security market in Japan.

As a Premier Partner, Baltimore Technologies Japan will actively promote and distribute AEP Systems’ AEP SureWare Keyper and provide support services to customers. AEP SureWare Keyper is a hardware security module that provides top security and performance for key storage, high-speed signature and hardware key generation to protect sensitive data and information systems.

“The Japanese IT security market continues to see dramatic growth as one of the largest security markets in the world,” said Pat Donnellan, AEP Systems’ CEO. “Baltimore Technologies’ understanding of the SureWare Keyper product as well as their local knowledge and expertise will help AEP Systems to continue to grow its business in Japan.”

In a recent report, analyst firm Frost and Sullivan said the Asia Pacific’s IT network security market will grow 13.9 percent annually over the next three years. The network security market is expected to be worth US$994 million in 2006, up from 753.6 million this year. Analysts predict economic expansion in Japan will play a significant role in driving market growth.

“We are very pleased about starting this business relationship with AEP Systems. The company’s quality hardware product fits our strategy to partner with top security manufacturers to provide complete and reliable solutions for our customers,” said Yasutaka Azuma, Baltimore Technologies Japan CEO.

For more information about AEP Systems’ product offerings visit www.aepsystems.com or visit the Baltimore Technologies Japan web site at www.baltimore.co.jp.

ABOUT AEP SYSTEMS
AEP Systems (www.aepsystems.com), the high-speed security company, delivers hardware security and acceleration solutions that are fast and cost-effective to deploy. Customers include financial institutions, government bodies, healthcare organizations and OEMs. Founded in 1998, AEP Systems is privately held with its US headquarters in Palo Alto, CA and with offices in Europe and Asia Pacific.

ABOUT BALTIMORE TECHNOLOGIES JAPAN
Baltimore Technologies Japan (www.baltimore.co.jp) is one of the leading suppliers of e-security solutions and Public Key Infrastructure (PKI) technology in Japan. The company was established as a result of the acquisition by Baltimore Technologies plc of a majority shareholding in its privately held Japanese distributor, NSJ Corporation, in March 2000. NSJ Corporation has pro-actively marketed and sold Baltimore’s PKI systems, cryptographic toolkits and security solutions in Japan since 1997 and has extensive experience in the provision of e-commerce and e-security solutions to major organizations, banks and the Government in Japan.




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