TriCipher Selects SafeNet Authentication Technology
Company’s Technologies Provides Multi-Factor Authentication with Enhanced Token Flexibility

RSA 2005 (Booth #1504), SAN FRANCISCO, CA - February 15, 2005 -- TriCipher, Inc., the innovators of multi-factor strong authentication, today announced the selection of iKey™ USB authentication tokens from SafeNet, setting the standard for information security. The collaboration allows companies to flexibly deploy iKey tokens using the TriCipher Armored Credential System™ (TACS) infrastructure. With this announcement, companies have additional strong authentication options from a single infrastructure, and can more easily match authentication strength to application risk and migrate users to more secure authentication as new threats arise.

“ SafeNet and TriCipher share a common goal of making security simple to implement and use,” said Sally Sheward, VP of Product Marketing and Business Development at TriCipher. “The combination of our technologies allows companies to easily add industry-leading iKey USB authentication in response to new threats.”

SafeNet iKey tokens offer a compact hardware solution for authentication and digital identity management. While offering similar functionality to a smartcard, iKey packs two-factor authentication, encryption key management, and digital signing functionality into a tiny, secure package that includes an integrated USB port to eliminate the need for a separate reader device. The iKey FIPS 140-1, Level 2 validated hardware, onboard key generation, key storage, ecvncryption, and digital signing capabilities add high-assurance security to user login, email encryption, disk encryption, VPN authentication, and other secure client applications.
“ We are pleased to work with TriCipher to offer our industry-leading iKey tokens as an option with the TACS system. TriCipher has created a very flexible solution that allows corporations to provision 2-Factor to the users that need it or to react to new attacks without having to implement new infrastructure,” said Brad Beutlich, Director of Business Development, SafeNet. “This makes it much easier for corporations to deploy hardware authentication technology to protect high-risk applications and data.”

About TriCipher, Inc.
TriCipher, Inc. provides strong authentication for the real world. The first authentication system that issues multiple types of credentials from a single infrastructure, the TriCipher Armored Credential System™ (TACS) allows for authentication strength to change in response to new threats without any infrastructure changes. Our patented technology fills the gap between authentication systems that are either not secure enough or too hard to use and deploy. TriCipher’s innovative approach to strong multi-factor authentication protects against phishing and eliminates dictionary attacks. Founded in 2000, TriCipher is headquartered in San Mateo, California. The Company was incubated as NSD Security before launching as a separate entity in 2005. Investors in TriCipher are ArrowPath Venture Capital, Intel® Capital, Trident Capital and Wasatch Venture Partners. For more information, please visit www.tricipher.com or email info@tricipher.com.

About SafeNet, Inc.
SafeNet is a global leader in information security. Founded more than 20 years ago, the company provides complete security utilizing its encryption technologies to protect communications, intellectual property and digital identities, and offers a full spectrum of products including hardware, software, and chips. ARM, Bank of America, Cisco Systems, the Departments of Defense and Homeland Security, Adobe, Samsung, Texas Instruments, the U.S. Internal Revenue Service and scores of other customers entrust their security needs to SafeNet. For more information, visit www.safenet-inc.com

For More Information Contact:

Elizabeth Safran, Trainer Communications for TriCipher, Inc.

elizabeth@trainercomm.com, (408) 920-0585

Sally Sheward, TriCipher, Inc.

sally@tricipher.com, (650) 372-1312