SafeNet's Hardware Security Modules Protect Vital Data of America's Parents and School Children

BALTIMORE, Md.—(BUSINESS WIRE)—February 6, 2008— As identity fraud and school safety remain issues of high concern, SafeNet, Inc., a global leader in information security, announced that it is working with InstaPayment, Inc., to help secure and protect the financial data and identities of parents and school children across America.

InstaPayment (www.instapayment.com), a web-based payment and financial solutions company, selected SafeNet Protect Server Gold (PSG) Hardware Security Module (HSM) to encrypt sensitive data that traverses and resides on their Photo ID Smart Card-Website-POS systems. These systems, which have been implemented in 65 school districts nationwide, allow students to pay for meals and other school purchases using their school photo ID smart card.

From a home PC or laptop, parents can transfer funds to their child's ID card and view their child's purchase history. They can also access and specify information such as contact numbers, child medical alerts, or other details. InstaPayment's system also includes mass broadcast student/parent alert software which enables school officials to immediately and simultaneously notify all parents of any school emergencies.

SafeNet PSG acts as a cryptographic subsystem, encrypting credit card numbers and online financial transactions, storing public keys, and safe-guarding the information of parent's and children that utilize the smart card system.

SafeNet PSG provides a wide range of cryptographic services including high-speed encryption, user and data authentication, message integrity, as well as secure key storage and key management for e-Commerce. SafeNet PSG is easy to manage and was installed in InstaPayment's system in only one day.

FIPS 140-2 and Level 3 validated, SafeNet PSG has a 64-bit PCI interface, 4MB secure storage capacity, and a dedicated cryptographic processor, all of which provide high speed cryptographic operations, large storage and fast transaction speeds.

Click on www.safenet-inc.com/products/pki/psGold.asp for more information on the PSG.

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. UBS, Nokia, Fujitsu, Hitachi, Bank of America, Adobe, Cisco Systems, Microsoft, Samsung, Texas Instruments, the U.S. Departments of Defense and Homeland Security, the U.S. Internal Revenue Service and scores of other customers entrust their security needs to SafeNet. In 2007, SafeNet was taken private by Vector Capital. For more information, visit www.safenet-inc.com.

About InstaPayment

InstaPayment is a leading provider of Electronic Payment Systems (EPS) based on integrated Internet and smart card technologies. We provide merchants, businesses and consumers with state-of-the-art smart card functionality while at the same time significantly reducing traditional merchant payment processing fees. InstaPayment is a member of the National Automated Clearing House Association (NACHA), the National Retail Federation and the California Association of School Business Officials (CASBO).

Editor's Note: SafeNet is a registered trademark of SafeNet, Inc. All other trademarks are the property of their respective owners.

Contact:

SafeNet, Inc.
Public Relations:
Matthew Pugh, 443-327-1161
Email Contact
www.safenet-inc.com
or
Analyst Relations:
Gregg Lampf, 443-327-1532
Email Contact
www.safenet-inc.com


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