Press Release: PGP Corporation Named 2005 Codie Finalist

PGP CORPORATION SELECTED AS FINALIST IN SIIA'S
2005 CODIE AWARDS

Continued accolades for PGP Universal recognize successful adoption
and market acceptance

Palo Alto, CA/10 February, 2005 – PGP Corporation, a global leader in enterprise encryption solutions, today announced it has been selected as a finalist in SIIA's 2005 Codie Awards. The Codie Awards, presented by the Software & Information Industry Association (SIIA), celebrate achievement and vision in software, education technology, and digital content.

For 20 years, the Codie Awards have remained the leading honor for the software and information industry's finest products and services. Each year, Codie Awards judges identify the best-of-the-best from hundreds of nominees. PGP Corporation's PGP Universal has been selected by the judges as a finalist in the Best Open Source Product or Service category.

Winners will be determined from a combination of judges" rankings and SIIA member votes. The judges" rankings will be weighted at 30% and SIIA member votes will be weighted at 70%. Winners of the 2005 Codie Awards will be announced at a gala on May 25, 2005, at the Sheraton Universal Hotel in Universal City, California.

"The 20th annual Codie Awards continue the tradition of honoring the best of the software, content, and education technology industries," said Ken Wasch, SIIA president. "When one considers the number of outstanding companies that competed this year, being named a Codie Awards finalist is a significant achievement."

"We are honored to be among the finalists for this year's SIIA Codie Awards," said Phillip Dunkelberger, president & CEO of PGP Corporation. "Recognition from the SIIA represents acknowledgment by industry experts that PGP Universal is one of the best products in its category. Of course, the ultimate award is the trust of our customers, who continue to buy and deploy our enterprise security products throughout their global organizations."

About PGP Universal
PGP Universal provides practical, wide-scale deployment of secure messaging. By moving email encryption responsibility away from users to the network, encryption, decryption, and digital signatures are automatic and user-transparent. Messages are encrypted to individual keypairs and secured even when recipients have no keys. PGP Universal can quickly and cost-effectively secure some, most or all enterprise users-both inside and outside the organization. PGP Universal supports both OpenPGP and X.509 + S/MIME standards and delivers low-cost deployment through its self-deploying, proxy-based architecture. PGP Universal can be integrated with an MTA server to provide a complete enterprise email security solution that includes encryption, digital signatures, anti-virus, anti-spam, content filtering, and unified policy management.

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.