Bergeron’s Security Technology and Business Expertise to Support Next Wave Of TriCipher Market Success

SAN MATEO, CA –Oct.5, 2005 - TriCipher, Inc., the innovators of strong authentication for the real world, today announced the appointment of Sandra Bergeron as chairman of the TriCipher board of directors. Already an active board member adding to the collective experience, market knowledge and vision of the company, Bergeron’s strong strategic skills and status as a security expert will provide the company with valuable insight, relationships, and counsel as the company continues on its upward trajectory.

“In the time I’ve been working with TriCipher, I’ve been extremely impressed with its technology, the ability of the executive team to execute, and the overall market response to the product. In an environment where online fraud is an enormous problem, companies are clearly in need of authentication technology that balances cost, security, and convenience. TriCipher’s strong authentication is the right technology to address this need. The company has a stellar set of customers, partners, advisors, and executives, and I’m excited about increasing my role with the company.”

Sandra England Bergeron is one of the best-known and highly respected executives in Silicon Valley. Following a ten-year career at McAfee, Inc (NYSE: MFE), Mrs. Bergeron remains a Strategic Advisor to the CEO and the Board of Directors of McAfee, Inc. In addition to her role of Chairman of the Board of Directors for TriCipher, Bergeron sits on the Board of Directors of TraceSecurity Inc. She is also a Venture Advisor to Trident Capital, and is an advisor to Varonis Systems, Inc. Mrs. Bergeron also sits on the Board of Advisors for the J. Mack Robinson College of Business of Georgia State University in Atlanta.

Sandra Bergeron's national reputation as a computer security thought leader earned her the distinction as one of Information Security Magazine's Top 25 Women of Vision in 2003. Bergeron's opinions on security matters are highly sought after by government and private industry leaders. She has testified to the Subcommittee on Technology within the House Science Committee regarding how government and private industry can better prepare for virus attacks. Bergeron was selected by U.S. Congressman Mike Honda and San Jose, California Mayor Ron Gonzales to serve on the Silicon Valley Blue Ribbon Task Force on Aviation Security and Technology. The Task Force, comprised of experts from Silicon Valley in the areas of technology, business, policy and aviation, delivered recommendations to increase aviation security.

Prior to her current roles, Bergeron served as Executive Vice President of Strategy, Research, and Corporate Development at McAfee, Inc. She was also President of PGP Security, a McAfee division, from 2000 to 2001. Prior to that, Mrs. Bergeron held executive positions in sales and engineering with McAfee. Mrs. Bergeron holds a Bachelor of Business Administration (Cum Laude) from Georgia State University and a Master of Business Administration from Xavier University in Cincinnati.
“Sandra has already added a tremendous amount of value to the company, and we’re delighted to have her step up to the Chairman position,” said Ravi Ganesan, CEO, TriCipher, Inc. “. Sandra’s deep industry expertise will help us to build on our momentum, and we look forward to working closely with her to ensure the ongoing success of the company,”
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(TM) (TACS) allows for authentication strength to change in response to new threats without any infrastructure changes. Its 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(R) Capital, Trident Capital and Wasatch Venture Partners.

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For More Information Contact:

Elizabeth Safran, Trainer Communications for TriCipher, Inc.
tc@trainercomm.com, (408) 920-0585

Sally Sheward, TriCipher, Inc.
sally@tricipher.com, (650) 372-1312