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Media Release: MIS CDS New U.K. CSP

PGP CORPORATION ANNOUNCES MIS CORPORATE DEFENCE SOLUTIONS AS A U.K. CERTIFIED SOLUTIONS PARTNER

MIS Corporate Defence Solutions gains competitive edge with award-winning PGP Universal for enterprise secure messaging

Palo Alto, CA/19 October, 2004 – PGP Corporation, a global leader in enterprise encryption solutions, today announced its partnership with MIS Corporate Defence Solutions (MIS CDS) to resell PGP Universal in the U.K. As one of PGP Corporation's Certified Solution Partner (CSPs) announced in the U.K., MIS CDS believes PGP Universal will give it a significant competitive edge in providing a complete email security solution to enterprise customers.

"MIS CDS is continuously looking to provide customers, with innovative solutions in the information security space. This area has undergone a silent revolution in the last year with company issues and concerns shifting," says Etienne Greeff, Technology Director at MIS CDS. "Companies have to comply with a number of acts, including the U.K. Companies Bill, European Union Data Privacy Directive, and European compliance deadline for Sarbanes-Oxley. Companies are also becoming more mobile, with data migrating to unmanaged and unsecured devices such as PDAs, smart phones, and laptops. The net result has been that encryption for data in transit and stored data has come to the forefront of agendas for CIOs and CSOs. MIS CDS believes that PGP Corporation is a very important player in this market, with a proven track record of providing dependable and manageable encryption solutions, and has consequently chosen PGP Corporation as our strategic encryption partner."

PGP Corporation has chosen to work with MIS CDS because of its experience in delivering email and Internet security solutions to blue-chip customers and its reputation as one of the leading security VARs in the U.K. In addition, MIS CDS committed its consultants to undergo the extensive training and certification programme that PGP Corporation asks its resellers to complete in order to provide maximum value to the customer.

"PGP Corporation is focusing on an exclusive set of channel partners to proactively market our enterprise solution. With PGP Universal, we prefer working with a few well-qualified, committed partners rather than a broad base of resellers," explains Steve Abbott, vice president, PGP worldwide sales. "As a channel partner, MIS CDS offers a staff of consultants who understand the intricacies of email security, mail flow, and network integration and have extensive experience in enterprise environments."

MIS CDS is very optimistic about the U.K. prospects for PGP Universal and has already seen interest from a broad cross-section of customers. Initial interest has been driven by the need to adhere to various new regulations regarding confidentiality in the public sector and financial institutions as well as by the need to protect the confidentiality of information, particularly sensitive product information, such as in the pharmaceuticals sector.

About PGP Corporation
Recognized worldwide as a leader in enterprise encryption technology, PGP Corporation develops, markets, and supports products used by more than 30,000 enterprises, businesses, and governments worldwide, including 90% of the Fortune 100 and 75% of the Forbes International 100. PGP products are also used by thousands of individuals and cryptography experts to secure proprietary and confidential information.

During the past ten years, PGP® technology has earned a global reputation for standards-based, trusted security products. PGP Corporation is the only commercial security vendor to publish source code for peer review. The unique PGP encryption product suite includes PGP Universal-an automatic, self-managing, network-based solution for enterprises-as well as desktop, mobile, and FTP/batch transfer solutions. Contact PGP Corporation at www.pgp.com or +1 650 319 9000.

About MIS Corporate Defence Solutions
MIS Corporate Defence Solutions Ltd (MIS CDS) was founded in 1992 to offer independent security consultancy to end user organisations and having celebrated its 12th anniversary in 2004, is the U.K.'s longest-standing, security-specific organisation.

MIS CDS believes that its independence and experience are key to the organisation meeting its clients' needs. Working in partnership with businesses to ensure that their networks and web sites constantly retain optimum security, MIS CDS has the ability to diagnose an organisation's vulnerabilities, secure their issues and manage and update their security infrastructure on a proactive 24 x 7 x 365 basis. Contact: +44 (0) 1622 723400 www.mis-cds.com .

Media & analyst contact for PGP Corporation:
John Tran (U.S.)                   
Neale-May & Partners              
+1 650 328 5555 ext. 277 (U.S.)
+44 0845 331 2059 (U.K.)         
jtran at nealemay dot com

Media & analyst contact for MIS CDS:
Caroline Tomlinson
+44 (0)1622 723419 (U.K.)
caroline.tomlinson@mis-cds.com

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PGP is a registered trademark and the PGP logo is a trademark of PGP Corporation. Product and brand names used in this 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.

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Media Contact – U.S.:
Tom Rice
Merritt Group
+1 703 856 2218
rice@merrittgrp.com

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

Media Contact – Japan:
Kyosuke Wakairo
Powered Communications Inc.
+81 3 5211 7899
pgp@powered-
communications.com

Media Contact – U.K.:
Jacqui Depares
Johnson King
+44 (0)20 7401 7968
jacquid@johnsonking.co.uk

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