Press Release: New Enterprise Customers and Award-Winning Encryption Platform Contribute to PGP Corporation's Success

Fiscal Year Ends With 22nd Consecutive Quarter of Bookings Growth

Palo Alto, CA / 24 March, 2008 - PGP Corporation, a global leader in enterprise data protection, today announced that new and existing customers as well as the award-winning PGP® Encryption Platform contributed to a number of significant milestones in its fiscal year ended December 31, 2007. PGP Corporation completed its sixth fiscal year with 22 quarters of consecutive bookings growth; the company also recorded its one millionth customer transaction and its first multi-million dollar deal. These achievements were driven by new and existing PGP® corporate customers who are adopting the PGP Encryption Platform to centrally manage their enterprise data protection solutions. Additionally, the PGP Encryption Platform received the distinguished Wall Street Journal Technology Innovation Award for Network Security.

PGP Corporation saw expanding adoption of its technology across global enterprises in 2007 as more than 4000 corporate customers have now deployed the PGP Encryption Platform. New customers that signed on with PGP Corporation this past year included Bertelsmann AG, one of the world's largest media companies; Continental Corporation, a leading automotive parts supplier; SIRVA, a global relocation specialist; Symbian, developer of the market-leading operating system for advanced, data-enabled mobile phones known as smartphones; and Pitney Bowes, the world's leading provider of mailstream solutions, among many others. PGP® customers recognize the value of the PGP Encryption Platform in delivering rich key management, central policy enforcement, and recovery services via a set of integrated encryption applications for strong data defense.

In addition, analysts increasingly voice support for a platform approach to enterprise data protection, validating PGP Corporation's strategic direction. According to Charles Kolodgy, research director for IDC, "Enterprise data protection requires a broad range of encryption applications to protect data in motion, at rest, and in use across an organization. The PGP Encryption Platform provides the applications, key management, and automated operation to make enterprise date protection a cost-effective reality."

PGP Corporation continued to receive industry accolades as it was named an Info Security "Hot Company" for the second year in a row and was rated the lead vendor in email and data encryption among Fortune® 1000 companies for the third successive year by TheInfoPro. The PGP Encryption Platform was also recognized in 2007, earning the prestigious Wall Street Journal Technology Innovation Award for Network Security, the Techworld Award for Encryption Product of the Year, the Info Security Products Guide's Global Excellence Award for Enterprise Encryption Platforms, the CNET Networks UK Business Technology Award for Security Product of the Year, and was chosen as one of SC Magazine's most innovative encryption products.

"2007 marked a turning point in data security: an holistic approach to defending data wherever it resides is replacing point solutions that protect only one location or type of device," said Phillip Dunkelberger, president and CEO of PGP Corporation. "Enterprise customers worldwide recognize that PGP Corporation's platform approach delivers the comprehensive data protection they need," continued Dunkelberger. "Their trust in PGP® technology-and our commitment to continuing to expand its capabilities with new security options-keeps us focused on meeting customers' evolving requirements."

In addition, the company launched its new PGP® Global Partner Program, signed on four new Value-Added Distributors, and created the first scholarship at Oxford University's Internet Institute. The company also introduced new Secure Delivery options, announced a partnership with Intel to deliver enterprise data protection solutions, and was selected by IBM Global Services to deliver endpoint data encryption services.

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:
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.