SafeNet Provides Application Developers With Unique Solution to Enable Security for Mobile Devices; Announces SafeZone Toolkit For OMAP5912 Mobile Processor

BALTIMORE, Maryland, August 4, 2004 – SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced the release of SafeZone™ Toolkit for OMAP5912™, an integrated software development toolkit that provides application developers with powerful tools to quickly and easily build hardware-based security into mobile applications based on the Texas Instruments OMAP5912 mobile processor.

Security requirements for mobile devices are constantly increasing. However, integrating advanced security features into mobile applications is challenging, requiring rare and specialized expertise, and often causing project delays. To address developers’ challenges, SafeNet has developed SafeZone Toolkit for OMAP5912 enabling application developers to quickly build security into a wide range of mobile applications for portable data terminals (PDT) that are utilized to enter data, manage inventories, and secure point of sale payments in various industries including manufacturing, healthcare, logistics, and retail.

The toolkit is seamlessly integrated with the built-in cryptographic engines of the OMAP5912 processor, allowing application developers to take full advantage of sophisticated processor-based security mechanisms.

"Our new toolkit makes it much simpler for developers to build high performance security into their mobile applications," said David Potts, Senior Vice President and General Manager of SafeNet's Embedded Security Division. "By coupling our unique hardware and software security expertise with leading silicon solutions from Texas Instruments, we can simultaneously reduce time to market while improving security, reducing power, and boosting performance."

"SafeNet's SafeZone Toolkit for OMAP5912 will allow our customers a solution to quickly and easily develop the most secure applications in the mobile device market," said Gregory Mar, worldwide marketing manager, Texas Instruments.

For more information about SafeZone Toolkit for OMAP5912, please visit www.safenet-inc.com/wireless.

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, Cisco Systems, 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.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act 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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Editor’s Note: SafeNet is a registered trademark and SafeZone Toolkit for OMAP 5912 is a trademark of SafeNet, Inc. All other trademarks are the property of their respective owners.