Media Release: Security Veterans Join PGP Board

Security Industry Veterans Rhonda MacLean and Jim Reavis Join
PGP Corporation's Business Advisory Board

Former Bank of America Global CISO and Seasoned Security Entrepreneur Round Out
Panel of Experts Advising Enterprise Data Security Leader

Palo Alto, CA/12 June, 2006 – PGP Corporation, a global leader in enterprise data security and encryption solutions, today announced that Rhonda MacLean and Jim Reavis have joined the company's Business Advisory Board. The PGP Business Advisory Board helps the company address executive and technology user requirements in diverse markets and industries.

Ms. MacLean was previously global Chief Information Security Officer (CISO) for Bank of America; she is now President and Chief Executive Officer (CEO) of MacLean Risk Partners, a strategic consulting firm.

Mr. Reavis has spent more than 12 years in the information security industry as an entrepreneur, writer, speaker, technologist, and business strategist. He is the President of Reavis Consulting Group and Executive Director of the Information Systems Security Association (ISSA), the world's largest not-for-profit association of information security professionals.

"The expertise our Advisory Board members provide on emerging technologies, computer forensics, cyber security, and Internet crime has proved invaluable," said Phil Dunkelberger, president and CEO of PGP Corporation. "We're proud such a distinguished group of international security experts are advising us, and we welcome Rhonda and Jim to the Board."

PGP Business Advisory Board
MacLean and Reavis join the current members of the Business Advisory Board:

Bill Braithwaite, Health Information Policy Consultant: A physician with a Ph.D. in Medical Informatics, Dr. Braithwaite was formerly senior advisor on Health Information Policy in the Office of the Secretary of the Department of Health and Human Services.

Richard Clarke, Chairman, Good Harbor Consulting, LLC: An internationally recognized expert on homeland, national, and cyber security and counterterrorism, Mr. Clarke is an on-air consultant for ABC News and the chairman of Good Harbor Consulting. He spent 11 years at the White House, advising three presidents. Prior to his White House years, Mr. Clarke served for 19 years in the Pentagon, the intelligence community, and the U.S. State Department.

Bill Cleary, Founder and Principal, Cleary & Partners: An expert on strategic marketing and advertising, Mr. Cleary consults with clients through his firm Cleary & Partners. He founded the CKS Group, which established major Web brands, including Amazon, eBay, Excite, and Yahoo!. Mr. Cleary currently serves as an Executive Fellow and member of the Leavey School of Business Advisory Board at the Santa Clara University Graduate School of Business.

Esther Dyson, Editor, Release 1.0: Ms. Dyson is a widely known commentator on emerging technologies, business models, markets, and companies. She is editor of the quarterly technology report Release 1.0 for CNET Networks and directs the annual PC (Platforms for Communication) Forum, the high-tech market's leading executive conference.

James T. Eccleston, Vice President, Strategic Programs, NCI Information Systems Inc.: Mr. Eccleston works with NCI's strategic business partners and government customers to deliver information technology and enterprise solutions. Eccleston previously served as Assistant Deputy Under Secretary of Defense (Logistics), Supply Chain Integration, at the Pentagon.

Craig Ehrlich, Chairman of the Board, GSM Association: Mr. Ehrlich currently heads the GSM Association, the largest global trade association for the wireless industry. He sits on the boards of Roamware, a wireless applications firm; Philweb, a Philippines-based information technology and gaming firm; Hutchison Mobile Communications; and ECI Telecom. Mr. Ehrlich also serves as Co-Chairman of BlogStar, a mobile entertainment company.

Howard Schmidt, President and CEO, R&H Security Consulting LLC: Mr. Schmidt was formerly the Vice President, CISO, and Chief Security Strategist for eBay. He previously served as the Chief Security Officer for Microsoft Corp. He is a President Emeritus of ISSA and the Information Technology – Information Sharing and Analysis Center (IT ISAC). Mr. Schmidt also served as White House Special Advisor for Cyberspace Security.

About PGP Corporation
PGP Corporation, a global security software company, is the leader in email and data encryption. Based on a unified key management and policy infrastructure, the PGP® Encryption Platform offers the broadest set of integrated applications for enterprise data security. The platform enables organizations to meet current needs and expand as security requirements evolve for email, laptops, desktops, instant messaging, PDAs, FTP and bulk data transfers, and backups.

PGP solutions are used by more than 30,000 enterprises, businesses, and governments worldwide, including 84 percent of the Fortune® 100 and 66 percent of the Fortune® Global 100. 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:
John Tran
Neale-May & Partners
+1 650 328 5555 ext. 277
jtran@nealemay.com

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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 solely PGP Corporation's 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 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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