Press Release: Riding the Wave of Interest in Enterprise Data Protection and Strong Fiscal Results, PGP Corporation Presents with Industry Experts and Hosts Product Demonstrations at Infosecurity Europe

"Pretty Good is Now Great"

London and Palo Alto, CA/ 22 April, 2008 - PGP Corporation, a global leader in enterprise data protection, arrived today at Infosecurity Europe 2008 in London on the heels of an outstanding fiscal 2007 and equally significant first quarter of 2008 in Europe and, specifically, the UK. In the fiscal year ending December 2007, PGP Corporation recorded its best year ever throughout Europe with most new bookings now coming from multinational companies moving beyond a single point product to the centrally managed solutions found with the PGP® Encryption Platform. The increase to the server managed business side of the PGP® product portfolio continued in the first quarter ending 31 March 2008 when bookings increased 103% (year over year) for all of Europe, representing the best quarter in company history.

"Western European organizations made significant investments in data protection over the last 12 months" commented Eric Domage, Manager, Western European Security Research and Consulting, of IDC. "Customers are looking to implement encryption across their organisation and beyond to provide proactive, strategic enterprise data protection. Regulations of all kind are pressuring companies to invest in advanced solutions where robust technology is as important as management capabilities."

"PGP Corporation's ongoing success is due in large part to our customer's adoption of a strategic approach to encryption across their enterprise, - from USB drives to laptops to file servers - which can materially reduce the risk of a breach," said Phillip Dunkelberger. "The PGP Encryption Platform is now the cornerstone of enterprise data protection planning with some of the most respected brands throughout Europe, including Software AG, DEIHL, BNP Paribas and Bertslemann."

Infosecurity Europe is a significant industry event for PGP Corporation and its ecosystem of technology partners throughout the UK and Europe; more than 15 PGP® partners are actively participating. PGP Corporation is participating in a series of events, activities and presentations for the anticipated 12,000 information security conference attendees. The company will be in Booth D130.

NEWS: Latest Ponemon Study
PGP Corporation and The Ponemon Institute collaborated for the second year to deliver the latest findings on the encryption trends within the UK. The results of the 2008 Ponemon study show that 60 percent of U.K. organizations experienced a data breach in 2007and 49 percent of organizations expect to deploy a single enterprise-wide key management solution in 2008.

For more information or to receive a copy of this study, visit: http://www.pgp.com/downloads/research_reports/index.html

PGP Corporation Product Demonstrations
In Booth D130, aptly named "Pretty Good is now Great," PGP Corporation will demo its award winning PGP Encryption Platform and platform-enabled applications including PGP® Whole Disk Encryption, which provides comprehensive disk encryption for securing all files on desktops, laptops, or removable media, PGP® NetShare, which delivers network-level file encryption for team collaboration, and PGP Universal™ Server, which enables organizations to control deployment, automate user and key management, enforce policy, and centralize reporting for one or more encryption applications.

PGP Panels
Executives from PGP Corporation will be participating in two unique panels at Infosecurity:

1. "Evolving Strategies for Enterprise Data Protection"
   Business Strategy Theatre, April 22, 12:00pm
   Hosted by Nigel Stanley, Practice Leader, Bloor Research
   Panelists include:
   • Eric Hanselman, Principal Security Architect, IBM Global Technology Services
   • John Dasher, Director of Product Management, PGP Corporation
2. "The Mock Trial of A.N. Corporate"
   Interactive Theatre, April 24, 12:15pm - 13:45pm
   The 'Judge': Andrew Rose, Global IT Risk Manager, Clifford Chance
   • Lawyer for the Defence: Stewart Room, Partner, FFW
     Lawyer for the Prosecution: Lars Davies, CEO, Kalypton
     The Prosecution Star Witness: Michael Barwise, Security Editor, Heise Security
     The IT Manager: Jason Fairfax
     The CISO: Stuart King, Information Security Director, Reed Exhibitions
     The CIO: Paul Williams, Chair, ISACA
     The CEO: Phil Dunkelberger, CEO PGP Corporation

About PGP Corporation
PGP Corporation is a global leader in email and data encryption software for enterprise data protection. Based on a unified key management and policy infrastructure, the PGP® Encryption Platform offers the broadest set of integrated applications for enterprise data security. PGP® platform-enabled applications allow organizations to meet current needs and expand as security requirements evolve for email, laptops, desktops, instant messaging, smartphones, network storage, file transfers, automated processes, and backups.

PGP® solutions are used by more than 80,000 enterprises, businesses, and governments worldwide, including 95 percent of the Fortune® 100, 75 percent of the Fortune® Global 100, 87 percent of the German DAX index, and 51 percent of the U.K. FTSE 100 Index. As a result, PGP Corporation has earned a global reputation for innovative, standards-based, and trusted solutions. PGP solutions help protect confidential information, secure customer data, achieve regulatory and audit compliance, and safeguard companies' brands and reputations. Contact PGP Corporation at www.pgp.com.

Media & analyst contact for PGP Corporation:
U.K.:
Jacqui Depares / Richard Scarlett
Johnson King
+44 (0) 20 7401 7968
pgpteam@johnsonking.co.uk

Germany:
Ingrid Daschner
Johnson King
+49 (0) 89 8940 8511
ingridd@johnsonking.de

North America:
Tom Rice
Merritt Group
+1 703 856 2218
rice@merrittgrp.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 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.

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.