SafeNet Appoints Charles J. Neral Chief Financial Officer

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BALTIMORE
October 14, 2009

SafeNet, Inc., a global leader in information security, now affiliated under common management with Aladdin Knowledge Systems, today announced that Mr. Charles J. Neral has joined SafeNet as Senior Vice President and Chief Financial Officer (CFO).

"Charles brings more than two decades of technology industry financial leadership to SafeNet. He is well prepared to enhance SafeNet’s accounting, control and finance functions,” said Mark Floyd, CEO, SafeNet.

“As our business and customers span across more than 100 countries, Charles’ international experience, particularly in Asia Pacific, will provide direction for the Company’s continued growth and global operations. His experience with acquisitions will add to the continued growth of SafeNet.”

Previously, Mr. Neral served as the Vice President of Finance for IBM’s $22 billion software business. In this role, he was responsible for global financial planning, analysis, business controls and business development and helped lead significant organic and acquisitive growth for IBM.

Prior to this, Mr. Neral served in a variety of positions across IBM’s Sales, Server and Global Services organizations including executive roles in Asia Pacific and IBM Corporate Headquarters.

Charles Neral commented, “I welcome the opportunity to join SafeNet’s strong management team. SafeNet has a long history as a leader in information security and I believe we have only begun to tap the potential of the Company, its solutions and its people. I look forward to the many challenges and successes that lie ahead."

Mr. Neral holds an MBA in Finance from New York University as well as a Bachelor of Science degree in Computer Science from Indiana University of Pennsylvania.

About SafeNet, Inc.

SafeNet is a global leader in information security, founded more than 25 years ago. The Company protects identities, transactions, communications, data and software licensing through a full spectrum of encryption technologies, including hardware, software, and chips. More than 25,000 corporate and government customers in 100 countries including UBS, Nokia, Fujitsu, Hitachi, Bank of America, Adobe, Cisco, Microsoft, Samsung, Texas Instruments, the U.S. Departments of Defense and Homeland Security, the U.S. Internal Revenue Service, trust their security needs to SafeNet. In 2007, SafeNet was acquired by Vector Capital, a $2 billion private equity firm specializing in the technology sector. For more information, visit www.safenet-inc.com.