Press Release: PGP Corporation Brings Aboard New Vice President of Engineering

Menlo Park, CA/09 July, 2008 - PGP Corporation, a global leader in enterprise data protection, today announced that Jim Adkins has joined the Company as its new Vice President of Engineering. Adkins, 46, will be responsible for PGP Corporation's Engineering Development and Engineering Services teams, as well as the Company's technology executives.

Adkins has almost 25 years of engineering development and management experience with companies such as GE, Netscape/AOL, Rational/IBM and most recently Opsware, Inc. (which was purchased by HP in October of 2007). He has a proven track record of building focused, successful teams for conceiving, planning and delivering leading-edge software. Adkins served for 3 years as an Executive Vice President while at Opsware, Inc., overseeing all engineering, product management, support and IT functions. He was responsible for successfully growing the Opsware product offerings from 2 to 8, integrating the Rendition Networks, Creekpath Systems and iConclude acquisitions and expanding their product group personnel from 70 to 200 employees across the United States and Romania.

Prior to his tenure with Opsware, Jim was Senior Vice President at Catapulse, which was acquired by Rational and subsequently IBM, where he was responsible for product architecture, development, and management of the Catapulse hosted developer tools. Adkins was also a leader at Netscape where, as Vice President, he built the product team and operations function from the ground up.

"Jim comes to us equipped with an impressive background in engineering and product development from some of the industry's most recognized and respected brands," said Phillip Dunkelberger, president and CEO of PGP Corporation. "His experience and dedication to creating innovative solutions will be integral as we continue to expand our platform of award-winning data protection solutions."

"PGP Corporation is well-known for its innovative and easy-to-use encryption platform and solutions," noted Adkins. "I am eager to be part of the engineering and development teams, and look forward to helping the company expand its strong line of products."

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 or +1 650 319 9000.

Media & analyst contact for PGP Corporation:
Christina Grenier
PGP Corporation
+1 650 543 3697
cgrenier@pgp.com
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

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.