Press Release: IBM and PGP Corporation Partnership

01 November, 2007 - PGP Corporation, a global leader in email and data encryption software for enterprise data protection, is teaming with IBM Global Services, the world's largest technology services and consulting provider, to develop services that will integrate the PGP® Encryption Platform and supported applications into its client solution sets. These new services are part of a broad IBM security initiative designed to improve protection of data throughout the information lifecycle. PGP® Whole Disk Encryption, PGP® NetShare, PGP® Desktop Email, and PGP Universal™ Gateway Email, integrated with IBM's data security services, will help global clients secure data resources. For more information on IBM's security services, software, and hardware solutions, visit: www.ibm.com/itsolutions/security

Click here to watch a video of a recent IDC Security Forum keynote jointly presented by Phil Dunkelberger, president and CEO of PGP Corporation, and Julie Donahue, vice president, IBM Security & Privacy Services.

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 PGP Corporation's sole 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, regulatory, 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.

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