Media Release: PGP Corporation Names Max Hopper as Company's First Chairman of the Board

Palo Alto, CA/02 April, 2007 – PGP Corporation, a global leader in enterprise data security and encryption solutions, today announced the election of Max D. Hopper as Chairman of the Board of Directors. Effective immediately, Hopper becomes the first Chairman for the company. There are no changes to PGP Corporation’s executive team and no other board movement.

A photo of Max Hopper is available at: www.pgp.com/images/max_hopper.jpg

"Max brings a tremendous amount of leadership experience to PGP Corporation. He understands the regulations and processes of corporate governance, and has extensive expertise in helping large enterprises deploy information technology—all of which make him a perfect fit to lead our board," said Phillip Dunkelberger, president and CEO of PGP Corporation. "Max has been an active contributor as a director of PGP Corporation since early 2003, and I value his counsel and friendship. I look forward to working even closer with him as we continue to grow our presence in the global enterprise data protection market. His insight and vision will be a great benefit, making this is an exciting event for our company."

Hopper has extensive senior management experience, including a 20-year tenure with AMR Corporation (American Airlines), where as Senior Vice President, CIO, and CEO & Chairman of AMR’s SABRE Group, he helped pioneer the delivery of electronic commerce and information services to the travel industry. He also served as Executive Vice President and CIO at Bank of America, and has held executive positions at EDS, Shell Oil, and United Airlines. Most recently, he founded Max D. Hopper Associates, Inc., a consulting firm that specializes in the strategic use of IT and eBusiness. Hopper is the recipient of numerous awards related to advancing information technology, including the Leadership Award for Collaborative Innovation at the Computerworld Honors Program jointly sponsored by the Smithsonian Institute.

"It's an honor to be named the first Chairman of the Board for PGP Corporation," said Hopper. "The company's strategy to help customers protect and defend their data is absolutely the right approach. The team is focused on extending its leadership in the software security market, and I look forward to working with the board and the company to realize the great opportunities that lie ahead."

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. PGP platform-enabled applications allow organizations to meet current needs and expand as security requirements evolve for email, laptops, desktops, instant messaging, PDAs, network storage, FTP and bulk data transfers, 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 Germany’s DAX index, and 51 percent of the 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:
John Tran
GlobalFluency
+1 650 433 4153
jtran@globalfluency.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.