BALTIMORE, MD –May 1, 2006 –SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that it has successfully deployed high speed SONET encryptors and management around the world supporting a huge Government fiber optic network. SafeNet has delivered hundreds of SafeEnterprise SONET encryptors operating at networking speeds from OC-3 through OC-192, and the network has successfully completed the required Operational Test and Evaluation and accreditation.
"This is a significant network security achievement for SafeNet. It establishes SafeNet as the leading supplier of high-speed network encryption solutions to the Government," said Chris Fedde, Senior Vice President and General Manager, Enterprise Security Division of SafeNet. "Over the last year, the SONET encryption product line has been well accepted by some demanding global Government and Financial organizations. This successful Government deployment will contribute to further investment and growth for high-speed encryption technology and products that will position SafeNet to capture new business opportunities over the coming year – including other large sensitive networking projects."
SEN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
