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08.02.2005 13:31:00
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SafeNet and Philips Collaborate to Deliver Secure DRM Solution to the
SafeNet and Philips Collaborate to Deliver Secure DRM Solution to the Mobile Market SafeNet's SafeZone Software and Philips Trust v2 DRM Agent Meet Market Need for Flexible Security and Content Protection
SafeNet (NASDAQ:SFNT) today announced that Royal Philips Electronics (NYSE:PHG, AEX:PHI) selected SafeZone Software to provide the security foundation for Philips Trust v2 DRM Solution. SafeNet and Philips will jointly deliver an integrated solution to the OEM marketplace and share both license and royalty revenue derived from this effort.
The cooperation between Philips Software, a leading supplier of mobile multimedia and security solutions, and SafeNet, setting the standard for information security, marks an important step forward in providing secure content management solutions that enable mobile device makers to get to market quickly. This partnership combines Philips' strong position in Digital Rights Management (DRM) and SafeNet's proven expertise in security solutions, to create a secure, flexible and interoperable OMA DRM v2 compliant solution which is fully pre-integrated and ensures seamless platform portability.
"Our partnership enables us to offer a complete solution to our customers that is OMA DRM v2 compliant while meeting the demands for increased security and flexibility," commented Cees Geel, Marketing & Sales Director, Philips Software. "Through this cooperation with SafeNet, a respected world-leader in the field of mobile security, we have an ideal partner to complement our own extensive in-house DRM expertise and help strengthen our solutions yet further."
Philips focuses on enabling innovative products and business models in the mobile multimedia domain through its LifeVibes(TM) music, video, voice and technologies solutions. Philips' Trust v2 is a fully OMA (Open Mobile Alliance) version 2 compliant DRM Agent, which provides a high level of security and supports flexible usage models such as sharing of content. Trust v2 is designed to enable the secure delivery and management of premium content such as music and video in the mobile domain, opening up attractive revenue generation possibilities for content providers, wireless operators and handset vendors. It is a versatile solution that ensures service providers can develop new types of business model while effectively protecting content against piracy and fraud.
"Philips is a leader in protecting digital content through the most advanced DRM client solution available today," added David Potts, Senior Vice President and General Manager of SafeNet's Embedded Security Division. "We are excited to provide the SafeZone security software that will allow Trust v2 to implement the most robust DRM security solution available to the mobile market and to provide flexible API compatibility for future generations of mobile handsets."
SafeZone Software is the security foundation for all security-sensitive applications such as digital rights management (DRM), mobile commerce enterprise, and anti-fraud solutions. Designed for cost-effective integration into any mobile or consumer device, SafeZone Software provides a complete platform enabling secure authentication, key management, and decryption of protected content.
LifeVibes(TM) is a trademark of Koninklijke Philips Electronics N.V. All other names mentioned are trademarks, registered trademarks or service marks of their respective owners.
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. Samsung, Texas Instruments, Nokia, Erissson, NEC, ARM, Bank of America, NetGear, the Departments of Defense and Homeland Security, Adobe, 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 Royal Philips Electronics
Royal Philips Electronics of the Netherlands (NYSE:PHG, AEX:PHI) is one of the world's biggest electronics companies and Europe's largest, with sales of EUR 30,3 billion in 2004. With activities in the three interlocking domains of healthcare, lifestyle and technology and 161,500 employees in more than 60 countries, it has market leadership positions in medical diagnostic imaging and patient monitoring, color television sets, electric shavers, lighting and silicon system solutions. News and more information from Philips is located at www.software.philips.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Statements contained in this document that are not historical facts could be deemed to be 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 based on management's current expectations and beliefs, are not guarantees of future performance and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including, among others: the risk that the SafeNet and Rainbow businesses will not be integrated successfully; costs related to the merger with Rainbow; and other economic, business, competitive, and/or regulatory factors affecting SafeNet's business generally, including those set forth in its filings with the Securities and Exchange Commission, including SafeNet's Annual Report on Form 10-K for the fiscal year ended December 31, 2003, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, SafeNet's results could differ materially from the expectations in these statements. SafeNet assumes no obligation and does not intend to update or alter these forward-looking statements, whether as a result of new information, future events, or otherwise.
Editor's Note: SafeNet is a registered trademark and SafeZone is a trademark of SafeNet, Inc. All other trademarks are the property of their respective owners.
--30--JS/ph*
Business Editors/Technology Editors
BALTIMORE--(BUSINESS WIRE)--Feb. 8, 2005--
SafeNet (NASDAQ:SFNT) today announced that Royal Philips Electronics (NYSE:PHG, AEX:PHI) selected SafeZone Software to provide the security foundation for Philips Trust v2 DRM Solution. SafeNet and Philips will jointly deliver an integrated solution to the OEM marketplace and share both license and royalty revenue derived from this effort.
The cooperation between Philips Software, a leading supplier of mobile multimedia and security solutions, and SafeNet, setting the standard for information security, marks an important step forward in providing secure content management solutions that enable mobile device makers to get to market quickly. This partnership combines Philips' strong position in Digital Rights Management (DRM) and SafeNet's proven expertise in security solutions, to create a secure, flexible and interoperable OMA DRM v2 compliant solution which is fully pre-integrated and ensures seamless platform portability.
"Our partnership enables us to offer a complete solution to our customers that is OMA DRM v2 compliant while meeting the demands for increased security and flexibility," commented Cees Geel, Marketing & Sales Director, Philips Software. "Through this cooperation with SafeNet, a respected world-leader in the field of mobile security, we have an ideal partner to complement our own extensive in-house DRM expertise and help strengthen our solutions yet further."
Philips focuses on enabling innovative products and business models in the mobile multimedia domain through its LifeVibes(TM) music, video, voice and technologies solutions. Philips' Trust v2 is a fully OMA (Open Mobile Alliance) version 2 compliant DRM Agent, which provides a high level of security and supports flexible usage models such as sharing of content. Trust v2 is designed to enable the secure delivery and management of premium content such as music and video in the mobile domain, opening up attractive revenue generation possibilities for content providers, wireless operators and handset vendors. It is a versatile solution that ensures service providers can develop new types of business model while effectively protecting content against piracy and fraud.
"Philips is a leader in protecting digital content through the most advanced DRM client solution available today," added David Potts, Senior Vice President and General Manager of SafeNet's Embedded Security Division. "We are excited to provide the SafeZone security software that will allow Trust v2 to implement the most robust DRM security solution available to the mobile market and to provide flexible API compatibility for future generations of mobile handsets."
SafeZone Software is the security foundation for all security-sensitive applications such as digital rights management (DRM), mobile commerce enterprise, and anti-fraud solutions. Designed for cost-effective integration into any mobile or consumer device, SafeZone Software provides a complete platform enabling secure authentication, key management, and decryption of protected content.
LifeVibes(TM) is a trademark of Koninklijke Philips Electronics N.V. All other names mentioned are trademarks, registered trademarks or service marks of their respective owners.
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. Samsung, Texas Instruments, Nokia, Erissson, NEC, ARM, Bank of America, NetGear, the Departments of Defense and Homeland Security, Adobe, 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 Royal Philips Electronics
Royal Philips Electronics of the Netherlands (NYSE:PHG, AEX:PHI) is one of the world's biggest electronics companies and Europe's largest, with sales of EUR 30,3 billion in 2004. With activities in the three interlocking domains of healthcare, lifestyle and technology and 161,500 employees in more than 60 countries, it has market leadership positions in medical diagnostic imaging and patient monitoring, color television sets, electric shavers, lighting and silicon system solutions. News and more information from Philips is located at www.software.philips.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Statements contained in this document that are not historical facts could be deemed to be 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 based on management's current expectations and beliefs, are not guarantees of future performance and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including, among others: the risk that the SafeNet and Rainbow businesses will not be integrated successfully; costs related to the merger with Rainbow; and other economic, business, competitive, and/or regulatory factors affecting SafeNet's business generally, including those set forth in its filings with the Securities and Exchange Commission, including SafeNet's Annual Report on Form 10-K for the fiscal year ended December 31, 2003, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, SafeNet's results could differ materially from the expectations in these statements. SafeNet assumes no obligation and does not intend to update or alter these forward-looking statements, whether as a result of new information, future events, or otherwise.
Editor's Note: SafeNet is a registered trademark and SafeZone is a trademark of SafeNet, Inc. All other trademarks are the property of their respective owners.
--30--JS/ph*
CONTACT: SafeNet, Inc. Donna Basilicato, 443-327-1454 dbasilicato@safenet-inc.com www.safenet-inc.com or Philips Software Monica Mulkens Tel.: +31 6 51117924 monica.mulkens@philips.com
KEYWORD: MARYLAND INDUSTRY KEYWORD: HARDWARE TELECOMMUNICATIONS SOFTWARE NETWORKING MARKETING AGREEMENTS SOURCE: SafeNet, Inc.
Copyright Business Wire 2005
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