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Category: SafeNet and Digital River Announce Partnership to Integrate E-Commerce, License Management ... (NASDAQ: SFNT), setting the standard for information security, today announced a partnership with Digital River, Inc., a global leader in e-commerce outsourcing ... BALTIMORE, Maryland, March 21, 2005 - SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, today announced a partnership with Digital River, Inc., a global leader in e-commerce outsourcing. Digital River plans to expand its licensing and platform support for SoftwarePassport™, its digital revenue management solution, by integrating with SafeNet's Sentinel LM, a software-based license management technology.
Digital River's SoftwarePassport technology is designed to enable software publishers to not only protect their software, but also market, sell, distribute and track their digital assets across untapped, global online markets. Through its integration with SafeNet Sentinel LM, Digital River plans to expand support for its SoftwarePassport technology beyond the Windows® operating systems to include the Java™, Linux®, Macintosh® and UNIX® operating systems. More specifically, Sentinel LM will enable Digital River to meter the number of software licenses generated, activated and delivered to a user across multiple software platforms. Additionally, Digital River will be able to provide users a convenient and seamless "pay-as-you-go" plan for making add-on license purchases. The multiple platform version of SoftwarePassport is scheduled for release during the spring of 2005.
"We always are looking for new, more effective ways to help our clients generate business in global online markets while at the same time minimizing their costs and risks," said Joel Ronning, Digital River's CEO. "We selected SafeNet and its market-leading product to help us further expand our SoftwarePassport technology and deliver increasing levels of technology sophistication and licensing options to our clients."
"Digital River is an established global leader in e-commerce outsourcing with a robust delivery infrastructure that is well respected in the software industry. The combination of our two companies will produce an online delivery solution designed to provide increased piracy protection and several new licensing options to help increase revenue," said Prakash Panjwani, Vice President and General Manager, Rights Management Business Unit. "The solution will allow software publishers to concentrate on their core competencies-creating valuable software-while leaving the electronic commerce, license management and online protection to the experts."
About Sentinel LM
Sentinel LM is a comprehensive licensing product used by software developers to add licensing to their products. Known for its ease of use and ability to be rapidly integrated, Sentinel LM protects software applications against unauthorized use by providing flexible and reliable software protection technology. Sentinel LM can be used by organizations to enforce the terms of their license agreements, increase the revenue received from existing license agreements and open up new revenue streams through the use of innovative new licensing models. Sentinel LM provides organizations with a broad range of licensing structures so that they can easily integrate a solution that matches their business model
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.
"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.
Source: Internet Ad Sales (press release) - Taeby,NA,Sweden
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