Press Release: New Industry Consortium

PGP Corporation Joins Microsoft's SecureIT Alliance

Security Leader to Assist Industry Consortium in Developing Innovative Security Solutions for the Microsoft Platform

Palo Alto, CA/13 December, 2005 – PGP Corporation, a global leader in enterprise data security and encryption solutions, announced today that it will join Microsoft and other information security leaders in the SecureIT Alliance announced in October. Members of the alliance will work together to build new security features and products for the benefit of mutual customers. The alliance community is formed around a website portal, available in January 2006, providing members access to Microsoft security-developer information and serving as a focal point for information-sharing and best practices for delivering security solutions.

"Data security and privacy have become critical issues for companies, customers, and governments," said Rajiv Dholakia, vice president of strategy and solutions for PGP Corporation. "The PGP brand is known and trusted around the world, and we are looking forward to working with other Alliance members to develop a common framework for secure computing applications."

PGP Corporation is a global customer standard for enterprise encryption and digital signature solutions. The company has invested years in developing encryption solutions that are designed to keep customer information and communications secure and private. PGP products are now in use by 84% of the Fortune® 100 and 66% of the Fortune® Global 100. Industries with strong compliance requirements are leading adopters, including most of the top companies in Financial Services, Pharmaceuticals, Health Care, and Manufacturing. PGP products are now used in 174 countries. PGP Corporation's experience in providing and implementing comprehensive security solutions in real-world enterprise network environments will prove especially valuable to the SecureIT Alliance.

"The security environment is growing more complex every day. To stay ahead of the threats and remain competitive, all of us in the industry must come together, and we are very pleased to have PGP Corporation join the SecureIT Alliance." said Gerry Albert, senior program manager, Microsoft Developer Platform group.

In addition to being a resource for members, the SecureIT Alliance website will provide customers with a range of useful security-related information, including case studies, videos, presentations, white papers, best practices, and product information.

About PGP Corporation
The global customer standard for encryption and digital signature solutions, PGP Corporation develops, markets, and supports an integrated data security suite used by more than 30,000 enterprises, businesses, and governments worldwide, including 84% of the Fortune® 100, 66% of the Fortune® Global 100, and thousands of individuals and cryptography experts. Customers depend on PGP solutions for regulatory and audit compliance, to protect confidential company information, to secure customer data, and to keep identity information private.

During the past 10 years, PGP® technology has earned a global reputation for innovative, standards-based, trusted solutions. The flexible PGP suite allows customers to phase-in gateway, partner, mobile or internal email security; data storage protection for laptops, desktops, and removable media; IM encryption; and FTP/batch transfer security using a single key management and recovery infrastructure. PGP Corporation is the only commercial security vendor to publish source code for peer review. Contact PGP Corporation at www.pgp.com or +1 650 319 9000.

Legal Notice Regarding Forward-Looking Statements
Some of the statements in this press release are forward-looking, including statements regarding the availability, plans, delivery, goals, development, expected features, expected benefits and competitive position of PGP products implementing or leveraging the PGP technologies. All references made to product feature enhancements, improvements in platform support or additional functionality are subject to change at solely PGP Corporation's discretion. All future descriptions of PGP technology and products are subject to availability only if PGP Corporation decides to build them and when PGP Corporation decides to make them commercially available. Actual results could differ materially from those expressed in any forward-looking statements. Risks and uncertainties that PGP Corporation faces that could cause results to differ materially include risks associated with any unforeseen technical difficulties or software errors related to the final development and launch of any of PGP Corporation's products; any technological or standards changes in the security, encryption and authentications market which could make PGP Corporation's products less competitive or require feature changes in these products; any slowdown in the adoption by businesses of encryption suites, secure email, Internet technologies or related standard. The forward-looking statements contained in this release are made as of the date hereof, and PGP Corporation does not assume any obligation to update such statements nor the reasons why actual results could differ materially from those projected in such statements.

PGP and the PGP logo are registered trademarks of PGP Corporation. Product and brand names used in the document may be trademarks or registered trademarks of their respective owners. Any such trademarks or registered trademarks are the sole property of their respective owners.