SFNT Safenet (MM)

SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, and Open Channel Solutions (OCS), a leading provider of software entitlement and eBusiness management solutions, today announced their partnership to offer a comprehensive licensing and entitlement management solution to enterprise software vendors. The SafeNet and OCS partnership delivers a solution that streamlines the process of selling, delivering and managing software licenses. SafeNet�s Sentinel RMS embeds licensing functionality into vendor�s software, enabling them to sell their products in a variety of different ways according to their market needs. Poetic, from OCS, provides software vendors a complete system for distribution, tracking and management of these licenses through the channel and across the vendor�s entire customer base. The seamless integration of these technologies allows software vendors to combine these processes into a single, highly efficient business process that increases revenues and reduces costs. "The�integrated solution offered by�OCS and SafeNet�will greatly benefit software vendors in managing licensing and entitlements. With an increased�focus on the small to mid-size business market and the use of innovative software licensing models - such as subscriptions, Software-as-a-Service (SaaS) and other time bound entitlements - vendors require licensing technology�and systems that will enable them to quickly adapt and effectively manage�critical customer data,� said Laurie Wurster, Research Director, Gartner. By combining embedded licensing technology and an entitlement management system, software publishers can now use OCS Poetic to generate licenses to activate software protected with SafeNet�s Sentinel RMS. The integrated solution will also allow users to easily generate a wide range of additional license models and effectively administer licensing programs. �OCS is committed to providing the most comprehensive entitlement management and eBusiness solutions,� said Ed Rose, president and CEO, OCS. �With this partnership, we�re extending the value we provide by making SafeNet�s proven licensing technology available to our clients right out of the box.� About Sentinel RMS Sentinel� RMS is a comprehensive system that dramatically reduces or eliminates many of the costs normally associated with software license management. The modular design of Sentinel RMS allows it to quickly join up to back-office systems, automating most fulfillment and management operations. The secure, role-based system allows every department the access they require to effectively manage your customer�s needs. About OCS Poetic OCS Poetic enables software vendors to optimize their licensing and entitlement management and delivery requirements, whether they are selling to end customers, or channel partners. Poetic entitlement management ensures exact access control to all software, licenses, and content to all customers, whether they are direct and indirect, in an easy to use, web enabled application. 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, 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 Open Channel Solutions Open Channel Solutions (OCS) is a leading global provider of software subscription and e-business management solutions that enable software-as-a-service. The company�s self-service offerings help organizations increase software renewal revenues, extend their reach and manage sales in the growing SMB market through multi-tiered channels, effectively distribute electronic software and content, and eliminate costly, inefficient e-business IT processes. OCS is headquartered in Norwood, MA; the company also has offices in Utah, the Netherlands, Japan and Australia. For more information, visit www.ocs.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.