Press Release: PGP Corporation Wins Award for Top Security Vendor

Encryption Leader Wins Silicon Valley/San Jose Business Journal's Emerging Technology Award in Security Category

Palo Alto, CA/20 November, 2006 - PGP Corporation, a global leader in enterprise data security and encryption solutions, today announced that it has been named a winner in the first Silicon Valley/San Jose Business Journal's "Emerging Technology" Awards. Aimed at celebrating tomorrow's leaders today, the Emerging Technology Awards honor Silicon Valley's spirit of innovation and entrepreneurship.

"We are excited to recognize the achievements of PGP Corporation, a bright light in technology-rich Silicon Valley," said Business Journal Publisher Vintage Foster. "Winners like PGP Corporation and the other companies we celebrate have pioneered technologies with the potential to profoundly impact people and business."

"PGP Corporation is honored to be recognized by the Silicon Valley/San Jose Business Journal, a respected voice of business activity across the Valley," said Phillip Dunkelberger, president and CEO of PGP Corporation. "With an estimated 700 security companies funded over the past 5 years, our selection is truly significant."

The Emerging Technology Awards were created by the Silicon Valley/San Jose Business Journal, an award-winning newspaper in Silicon Valley. Published each Friday, it reaches more than 64,700 business executives throughout the world's most dynamic business region. For more than two decades, the Business Journal has identified and chronicled the emerging companies and trends that fuel the valley. For more information, visit www.bizjournals.com.

About PGP Corporation
PGP Corporation, a global security software company, is the leader in email and data encryption. Based on a unified key management and policy infrastructure, the PGP® Encryption Platform offers the broadest set of integrated applications for enterprise data security. PGP platform-enabled applications allow organizations to meet current needs and expand as security requirements evolve for email, laptops, desktops, instant messaging, PDAs, network storage, FTP and bulk data transfers, and backups.

PGP solutions are used by more than 30,000 enterprises, businesses, and governments worldwide, including 94 percent of the Fortune® 100 and 76 percent of Germany's DAX index. As a result, PGP Corporation has earned a global reputation for innovative, standards-based, and trusted solutions. PGP solutions help protect confidential information, secure customer data, achieve regulatory and audit compliance, and safeguard companies' brands and reputations. Contact PGP Corporation at www.pgp.com or +1 650 319 9000.

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.