New PGP Netshare Extends PGP Encryption Platform to Protect Files Stored and Shared on Network Servers

PGP NetShare automatically encrypts files saved to network folders; data is transparently protected, fully recoverable

Palo Alto, CA, June 5, 2006 -- PGP Corporation today announced PGP® NetShare. The product addresses one of the greatest security risks facing companies today -- unauthorized access to shared files -- preventing accidental data access by internal users, IT administrators, or external partners. With PGP NetShare, authorized users can save and share files on file servers, using all applications as they currently do while benefiting from the comprehensive protection offered by PGP encryption.

When organizations share project schedules, budgets, internal audit files, personnel data, and research results, they must be demonstrably secured as required by international data privacy and financial accounting regulations. PGP NetShare addresses the risks resulting from the accelerating use of shared content as well as its increasingly wide distribution and the growing number of users who have access to it.

PGP NetShare Security

With PGP NetShare, information remains protected at all times without any specific user action. Content such as documents, spreadsheets, presentations, video, and audio is automatically encrypted when saved to a PGP NetShare–protected folder and remains encrypted when transferred to and stored on local desktops. Files on the server and desktop are transparently decrypted when opened by authorized users and automatically re-encrypted when closed.

Only users with proper access rights can open a file protected by PGP NetShare. If someone gains unauthorized access, the file remains encrypted and cannot be read. Administrators can synchronize PGP NetShare with existing access control lists and directory permissions to ensure network files are appropriately encrypted as well as grant users the ability to create PGP NetShare–protected folders.

Organizations that deploy PGP NetShare or any PGP encryption application automatically deploy the PGP® Encryption Platform. The PGP Encryption Platform automatically handles all policy enforcement, key management, recovery, and reporting. Organizations simply add other PGP encryption applications as their needs grow and change.

“PGP NetShare was developed in response to global customer demand because organizations are recognizing that data perpetually shared is data perpetually at risk,” said Phillip Dunkelberger, president and CEO of PGP Corporation. “Industry estimates vary, but approximately 50 percent of all data security breaches occur from within an organization - the wrong people gaining access to the wrong folders. PGP NetShare provides persistent protection to content, wherever it resides.”

With PGP NetShare, the PGP Encryption Platform now secures data across the full information lifecycle¯from creation and desktop storage; through transmission via email, FTP, or IM; to network file sharing and archival storage¯providing automatic, comprehensive protection not possible with point solutions.

PGP NetShare works with all types of local and network storage devices, including Windows servers, network-attached storage (NAS), and storage area networks (SANs). It is transparent to other network and archiving products and can be implemented either by IT administrators or department managers. The product is file format–agnostic, supporting any file type or format.

PGP NetShare Features

  • File encryption on network servers: Files saved to PGP NetShare folders on a network server are automatically stored in an encrypted form and cannot be opened if accessed by an unauthorized user.

  • Encryption that follows the file: Files remain encrypted from the desktop, across the network, and when stored on the server. Files remain encrypted when downloaded and saved to local desktops as well as when backed up or archived.

  • Directory access control rights: PGP NetShare files and folders have an associated access control list. Because files are automatically encrypted only to this list, only authorized users can open files. Unauthorized users that access these files see only ciphertext.

  • Role separation: IT administrators can manage and backup PGP NetShare–protected files and folders without requiring content viewing privileges.

  • Transparent to users: Once PGP NetShare folders have been created, users simply create, save, and share documents as before. No change in user behavior or training is needed.

  • Supports all common document formats: PGP NetShare supports all common digital formats—document, spreadsheet, presentation, Web, video, and audio—without modification.

  • Transparent to network & storage infrastructure: PGP NetShare can be used with any NAS, SAN, Windows server, or other locally attached storage.

  • Multiple authentication options: PGP NetShare users can use a single PGP key or X.509 certificate to access all shared files to which they have access, including those hosted outside the organization.

  • Apply rules to existing folders: PGP NetShare rules can be applied to existing folders and can be synchronized with existing LDAP/Active Directory resources.

  • Assured data access: Patented PGP Additional Decryption Key (ADK) technology ensures corporate access to encrypted data (according to policy) in the event a key is lost or when required by regulatory mandates.

  • High-performance, highly scalable: Because PGP NetShare is client-based, it can scale to cover thousands of users without degrading system, server, or network performance.

  • Fast to deploy, easy to extend: PGP NetShare is deployed as part of the PGP Encryption Platform, enabling other PGP applications to be turned on when needed without duplication of infrastructure.

Availability and Pricing

PGP NetShare will be available in English, German, and Japanese in early Q4 2006 through PGP Corporation’s global network of partners. Pricing begins at US$149 for a single unit; PGP NetShare is also available in bundles with other PGP applications.

About the PGP Encryption Platform

Based on a unified key management and policy infrastructure, the PGP Encryption Platform offers the broadest array of integrated applications for enterprise data security. The platform enables organizations to meet current needs and expand as security requirements evolve for network storage devices, email, laptops, desktops, instant messaging, PDAs, FTP or bulk data transfers, and backups. By implementing the PGP Encryption Platform, organizations can reduce security infrastructure complexity, lower maintenance costs, and realize a strong return on investment.

About PGP Corporation

PGP encryption solutions are used by more than 30,000 enterprises, businesses, and governments worldwide, including 84 percent of the Fortune® 100 and 66 percent of the Fortune® Global 100. As a result, PGP Corporation has earned a global reputation for innovative, standards-based, and trusted solutions. PGP products help protect confidential information, secure customer data, achieve regulatory and audit compliance, and safeguard companies’ brands and reputations. Contact PGP Corporation at http://www.pgp.com or +1 650 319 9000.

Media & analyst contact for PGP Corporation:

John C. Tran

Neale-May & Partners

+1 650 328 5555 ext. 277

jtran@nealemay.com

Legal Notice Regarding Forward-Looking Statements

Some of the statements in this press release are forward-looking, including statements regarding the availability, plans, delivery, goals, development, expected features, expected benefits and competitive position of PGP products implementing or leveraging the PGP technologies. All references made to product feature enhancements, improvements in Platform support or additional functionality are subject to change at solely PGP Corporation’s discretion. All future descriptions of PGP technology and products are subject to availability only if PGP Corporation decides to build them and when PGP Corporation decides to make them commercially available. Actual results could differ materially from those expressed in any forward-looking statements. Risks and uncertainties that PGP Corporation faces that could cause results to differ materially include risks associated with any unforeseen technical difficulties or software errors related to the final development and launch of any of PGP Corporation’s products; any technological or standards changes in the security, encryption and authentications market which could make PGP Corporation’s products less competitive or require feature changes in these products; any slowdown in the adoption by businesses of encryption suites, secure email, Internet technologies or related standard. The forward-looking statements contained in this release are made as of the date hereof, and PGP Corporation does not assume any obligation to update such statements nor the reasons why actual results could differ materially from those projected in such statements.

PGP and the PGP logo are registered trademarks of PGP Corporation. Product and brand names used in the document may be trademarks or registered trademarks of their respective owners. Any such trademarks or registered trademarks are the sole property of their respective owners.

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