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Samsung Semiconductor, Inc. Licenses EmbeddedIP from SafeNet.


Business/Technology Editors

BALTIMORE, Md.--(BUSINESS WIRE)--Sept. 4, 2001

SafeNet (Nasdaq: SFNT), a leading provider of Internet security technology that is the de facto standard Hardware or software that is widely used, but not endorsed by a standards organization. Contrast with de jure standard.

de facto standard - A widespread consensus on a particular product or protocol which has not been ratified by any official standards body, such as ISO,
 in the 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.  industry, today announced that Samsung Semiconductor, Inc.'s Cubic Solutions Division has licensed EmbeddedIP(TM), SafeNet's license-ready intellectual property. Samsung will now offer its customers products incorporating field-proven SafeNet's SecureIP Technology(TM) for secure business communications.

Samsung will incorporate SafeNet's suite of embedded encryption solutions (EmbeddedIP(TM)), in its products including custom ASICs, System-on-Chip (SOCs), ARM-based cores, networking products, wireless products, and smart cards. Samsung will target their products at markets that include VPNs, network infrastructure, broadband security, and wireless devices.

"We are very pleased that Samsung, a leading communications semiconductor manufacturer, will be offering SafeNet's SecureIP(TM) technology to their customers worldwide," says Anthony A. Caputo, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of SafeNet. "This is a clear example that SafeNet has earned global recognition as a leader in its industry."

SafeNet will supply its EmbeddedIP(TM) advanced security blocks to Samsung through several key components including:

--Symmetric Encryption: DES, 3DES, AES, RC-4

--Message Hashing: SHA-1, MD5

--True Random Number generator A program routine that produces a random number. Random numbers are created easily in a computer, since there are many random events that take place such as the duration between keystrokes.  

--Complete IPSec Packet Processing

"By using SafeNet's SecureIP(TM) on our SOC and ASIC (Application Specific Integrated Circuit) Pronounced "a-sick." A chip that is custom designed for a specific application rather than a general-purpose chip such as a microprocessor.  products we're now offering excellent cryptographic acceleration and private key protection," says Noel Park, Senior Vice President Cubic Solutions. "We serve most of the major manufacturers of network devices. And now we're offering them both faster secure data transmission and hardware security options."

About EmbeddedIP(TM)

EmbeddedIP is SafeNet's intellectual property used in applying encryption technology to silicon. SafeNet's extensive experience in security technology has led the company to licensing parts of its core technology for companies who are looking for rock solid security inside of their products. EmbeddedIP is licensed in the following forms: Encryption Engines: DES/3DES, RC4, Rijndael (AES), Hash Engines: SHA-1, MD5, RIPEMD-128/160, Packet Engines: IPSec, SSL (Secure Sockets Layer) The leading security protocol on the Internet. Developed by Netscape, SSL is widely used to do two things: to validate the identity of a Web site and to create an encrypted connection for sending credit card and other personal data. , TLS (1) (Transport Layer Security) A security protocol from the IETF that is based on the Secure Sockets Layer (SSL) 3.0 protocol developed by Netscape. TLS uses digital certificates to authenticate the user as well as authenticate the network (in a wireless , WTLS (Wireless Transport Layer Security) The security services in the Wireless Application Protocol (WAP). WTLS is based on TLS, the landline version that is widely used on the Internet. , IPComp, Public Key Accelerator, Entropy based True Random Number Generator (RNG See RELAX NG. ), and Deflate Compression Engine.

About SecureIP Technology(TM)

SafeNet SecureIP Technology(TM) provides the foundation for security implementations that enable organizations to use the Internet and other shared networks for private communications. Providing a suite of VPN products, SafeNet offers a broad range of complete VPN solutions for intranet, extranet, and remote access applications and are all built on the time and field-tested SecureIP Technology(TM). SecureIP Technology(TM) is found in various forms including software, cryptographic libraries, silicon, and intellectual property blocks. SecureIP Technology(TM) has been adopted by industry leaders for their embedded VPN solutions.

About SafeNet, Inc.

SafeNet (Nasdaq: SFNT), a leading provider of Internet security utilizing its SecureIP Technology(TM), has set the industry standard for Virtual Private Network (VPN) technology and secure business communications. The company brings over 18 years of experience in developing, deploying, and managing network security systems for the most security-conscious financial institutions and government organizations around the world. SafeNet's proven technology has emerged as the de facto industry standard for VPNs, establishing the company as the provider of choice for leading Internet infrastructure manufacturers, service providers, and security vendors. With SafeNet securing the infrastructure of today's e-business communications, the company is opening new markets for interoperable, secure, and deployable VPN communications. For more information, visit www.safenet-inc.com.

About Cubic Solutions:

Cubic Solutions is Samsung Semiconductor's System LSI business unit focused on development of solutions in networking, wireless, PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM). , digital-TV, set top box, storage and display applications for the US market. Cubic Solutions was created to operate independently so it could focus its efforts in meeting its US customers' needs while still benefiting from Samsung's wide array of resources. Cubic Solutions provides its customers with a full library of cores for its target applications, system development know-how and fab process expertise. For more information, please visit our website: http://www.usa.samsungsemi.com.

About Samsung Semiconductor, Inc.

Samsung Semiconductor, Inc. is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Samsung Electronics Co. Ltd. Headquartered in Seoul, Korea, Samsung Electronics, with year 2000 sales revenue of US$27 billion, is a world leader in the electronics industry. It is the world's leader in DRAM memory, SRAM See static RAM.

SRAM - static random-access memory
 memory, and TFT-LCD TFT-LCD Thin Film Transistor - Liquid Crystal Display  display products for industrial, mobile and desktop computing applications. Samsung Electronics is also the world's fourth largest semiconductor company overall with a full line of semiconductor products including microprocessor and custom ASIC components. Maintaining its long and distinguished history of industry firsts, Samsung Electronics is the first company to develop a 4-Gigabit DRAM and has fully functional prototypes of the next generation DDR-II DRAM. Samsung Semiconductor, Inc. is located in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. . For more information, please visit our website: http://www.usa.samsungsemi.com

Editor's Note: SafeNet is a registered trademark and SecureIP Technology and EmbeddedIP are trademarks of SafeNet, Inc. All other trademarks are the property of their respective owners.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 4, 2001
Words:803
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