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Press Release: Best Encryption Solution for 2005

PGP CORPORATION'S NETWORK ENCRYPTION PRODUCT NAMED BEST ENCRYPTION SOLUTION BY SC MAGAZINE

PGP Universal's automatic encryption simplifies enterprise secure email

Palo Alto, CA/17 February, 2005 - PGP Corporation, a global leader in enterprise encryption solutions, today announced that PGP Universal has been selected by SC Magazine as the Best Encryption Solution for 2005. Awards were given at the SC Magazine Global Awards banquet held on February 16 in conjunction with the RSA Conference at the Moscone Center in San Francisco.

The SC Awards are granted through an extensive judging process where expert judges select the finalists in each of 30 categories. The readership of SC Magazine then votes for the best in each of those categories.

"We are extremely pleased to win this year's SC Award for the Best Encryption Solution," said Phillip Dunkelberger, president & CEO of PGP Corporation. "Our goal is to help companies protect their business and customers by easily encrypting proprietary and confidential data. This award recognizes the unique capabilities of PGP Universal--automatic email policy, configuration, and key management for large deployments and transparent operation for easy and immediate use."

David Cullinane of Washington Mutual (WAMU), PGP Corporation's nominee for CSO of the Year, was also a US Excellence Professional award winner. WAMU is one of largest financial services institutions in the U.S., where Mr. Cullinane is responsible for the Information Security Program of WAMU. He served on Homeland Security's Governance task force; is President of the ISSA; and a CPP, CISSP, and former CBCP. Mr. Cullinane was selected in part due to his best practices regimen to exceed standards required by regulations such as GLBA, Sarbanes-Oxley, and Basel II.

About PGP Universal
PGP Universal automatically handles all encryption, decryption, and digital signature requirements for both gateway and end-to-end email security. Email that must be secured is routed to PGP Universal for automatic key management, key look-up, encryption, and digital signatures. Email that previously may have violated security policy and been quarantined can now can be encrypted and safely delivered to recipients. PGP Universal reaches all existing users of standard encryption products (OpenPGP and S/MIME), securely sends to recipients without installed encryption solutions, and provides two-way policy enforcement. It is part of a suite of PGP encryption products that includes email, disk, FTP/batch, and mobile solutions.

About PGP Corporation
Recognized worldwide as a leader in enterprise encryption technology, PGP Corporation develops, markets, and supports products used by more than 30,000 enterprises, businesses, and governments worldwide, including 90% of the Fortune 100 and 75% of the Forbes International 100. PGP products are also used by thousands of individuals and cryptography experts to secure proprietary and confidential information.

During the past ten years, PGP® technology has earned a global reputation for standards-based, trusted security products. It is the only commercial security vendor to publish source code for peer review. The unique PGP encryption product suite includes PGP Universal-an automatic, self-managing, network-based solution for enterprises-as well as desktop, mobile, FTP/batch transfer, and SDK solutions. Contact PGP Corporation at www.pgp.com or +1 650 319 9000.

PGP is a registered trademark and the PGP logo is a trademark 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.

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Media Contacts

North America
Christina Grenier
PGP Corporation
+1 650 543 3697
cgrenier@pgp.com

Tom Rice
Merritt Group
+1 703 856 2218
rice@merrittgrp.com

Germany
Ingrid Daschner
Johnson King
+49 (0) 89 8940 8511
ingridd@johnsonking.de


Japan

Kyosuke Wakairo
Powered Communications Inc.
+81 3 5211 7899
pgp@powered-communications.com

United Kingdom

Jacqui Depares
Johnson King
+44 (0)20 7401 7968
jacquid@johnsonking.co.uk