SafeNet Receives Prestigious Frost & Sullivan Product Innovation Award; Semiconductor Security Products Recognized for Excellence in Product Innovation, Development, and Commercialization of Next-Generation Semiconductor Security Solutions.SAN JOSE San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. -- SafeNet, Inc. (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations
U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SFNT), setting the standard for information security, today announced that the company has been awarded the 2006 Frost & Sullivan Award A Sullivan Award may refer to:
"In an environment of increasing security challenges, SafeNet has demonstrated a superior ability to deliver innovative yet cost-effective embedded security solutions for the networking and communications OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and market," said Sivakumar Muthuramalingam, Industry Analyst, Frost & Sullivan. "This award also recognizes SafeNet's unique approach in bringing to market not only robust hardware security components, but integrated hardware and software solutions that add significant value to OEM customers."
Frost & Sullivan, a global leader in growth consulting, determines recipients of the annual Award by conducting customer surveys, extensive secondary research and interviews with key market participants. Criteria used to determine the Award recipient include product innovation, product development, and successful commercialization.
The Award-winning SafeXcel IP Inline Security Engine takes a significant step beyond traditional SoC security architectures by deploying micro-programmed hardware for full data plane packet classification, filtering, and flow processing for every packet. The result is superior data rates across all packet sizes and a significant reduction of general-purpose processor utilization for security functions.
The Frost & Sullivan Award also recognizes SafeNet's successful product development strategies and the degree to which the product meets customer needs. SafeNet's unique inline security engine has not only been made available to semiconductor vendors integrating advanced security processing into SoCs, but has also been implemented in SafeNet's own SafeXcel-51xx line of next-generation security processors. The SafeXcel-51xx series provides the best value, most cost-effective high-speed security processors in the industry. The security chips, as well as the IP product, are fully integrated with SafeNet's QuickSec VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. security software to provide customers with a complete security system solution.
"We are delighted to receive this prestigious Award for product innovation in the field of semiconductor security," said Henk Pruim, vice president and general manager of SafeNet's OEM Networking Division. "This Award truly underscores SafeNet's leadership in product design and our commitment to delivering the most innovative semiconductor security solutions. We will continue to ensure that SafeNet's OEM customers get the best and most complete security solutions in the industry."
SafeNet will be exhibiting at the Embedded System Any electronic system that uses a CPU chip, but that is not a general-purpose workstation, desktop or laptop computer. Such systems generally use microprocessors, or they may use custom-designed chips or both. Conference in San Jose, April 4-6 2006, at booth #3215, and will be showcasing for the first time a complete hardware/software system performance demo of the SafeXcel-5160 - the best priced high-speed security processor in the industry.
SafeNet OEM Networking Business Unit
SafeNet's comprehensive security systems are deployed by the world's leading networking/communications OEMs, including AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. , Texas Instruments See TI.
(company) Texas Instruments - (TI) A US electronics company.
A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq. , Lucent Technologies, AMCC AMCC Applied Micro Circuits Corporation
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AMCC allied movement coordination center (US DoD) , Siemens, Hitachi, HP, Juniper Networks Juniper Networks, Inc. (NASDAQ: JNPR) is an information technology company based in Sunnyvale, California and founded in 1996. The company designs and sells Internet Protocol network products and services. , Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation).
Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , and Samsung. The leading global semiconductor, telecommunications, enterprise, and wireless OEMs trust SafeNet's best-in-class security solutions for their next-generation networking and communications solutions. SafeNet is the only vendor that provides complete and proven security systems, including QuickSec VPN security software, SafeXcel security processors, and silicon-proven semiconductor IP - delivering superior protection while reducing cost and time to market for our customers. For more information about SafeNet and the Frost & Sullivan Award, please visit http://www.safenet-inc.com/award.
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 UBS Union Bank of Switzerland
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UBS Ulaanbaatar Broadcasting System , Nokia, Fujitsu, Hitachi, ARM, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , NetGear, the Departments of Defense and Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security
Department of Homeland Security
executive department - a federal department in the executive branch of the government of the United States , 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.
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics and demographics. For more information, visit www.frost.com.
"Safe Harbor Safe Harbor
1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.
2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995
The statements contained in this release, which are not historical facts, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. Important factors that could cause actual results to differ materially are included but are not limited to those listed in SafeNet's periodic reports and registration statements filed with the Securities and Exchange Commission. The Company assumes no obligation to update information concerning its expectations.
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