Faraday Selects Semiconductor IP from SafeNet to Power Secured Server Control Chip

SafeNet’s SafeXcel IP Enables Next-Generation Command Center Appliances

BALTIMORE, Maryland, September 14, 2005 -- SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced that Faraday, a leading Application Specific Integrated Circuits (ASIC) provider, has licensed SafeNet's SafeXcel IP to implement an ASIC for its customer which would enable next-generation server control functions in data centers.

“Our customers require a powerful yet cost-effective security solution to build a wide range of ASICs for the next generation of Internet and data center applications,” said H.P. Lin, President at Faraday. “SafeNet's industry-leading security cores not only meet all of our design requirements, they are also silicon-proven and remarkably easy to integrate into our ASIC platform. Beyond this first success, we expect to use SafeNet in a variety of upcoming ASICs.”

To address these needs, Faraday licensed SafeNet's SafeXcel IP Packet Engine — a highly integrated cryptographic accelerator for IPSec, SSL, TLS , and SRTP packet processing, as well as SafeNet's SafeXcel IP Content Inspection Engine for high-performance protection against malicious code and intrusion attempts.

“With the trend toward integration of multiple security functions into single silicon platforms, our security cores for packet processing and content inspection are a perfect fit for Faraday customers' next-generation ASICs,” said Henk Pruim, vice president and general manager of SafeNet's OEM Networking Business Unit. “This is another example of the cost, performance and time-to-market benefits our partnership brings to networking OEMs looking for custom security solutions. We are looking forward to working closely with Faraday to help their customers succeed.”

SafeNet OEM products include QuickSec security software, SafeXcel hardware security processors, and silicon-proven semiconductor IP. This comprehensive hardware and software security platform enables vendors to build complete network security solutions while reducing total cost and time to market.

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. ARM, Bank of America, NetGear, the Departments of Defense and Homeland Security, 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 Faraday Technology Corporation
Faraday Technology Corporation is a leading silicon IP and fabless ASIC vendor. The company's broad IP portfolio includes 32-bit RISC CPUs, DSPs, MPEG4, H.264, PHYs/Controllers for USB 2.0, Ethernet, Serial ATA and PCI Express. With more than 500 employees and 2004 revenue of US$159 million, Faraday is one of the largest fabless ASIC companies in the Asia-Pacific region, and it also has a significant presence in other world-wide markets. Headquartered in Taiwan , Faraday has service and support offices around the world, including the U.S. , Japan , Europe, and China . For more information, please visit: http://www.faraday-tech.com