BALTIMORE, Md., 18 January 2005. SafeNet, Inc. announced that the U.S. Air Force (USAF) has placed its second order for key management modules under a multi-year production contract to SafeNet subsidiary Mykotronx, Inc. The value of the order is $7.25 million.
This contract, part of the Air Force's Cryptographic Modernization (CM) program, is for the purchase of state-of-the-art electronic key management modules for SafeNet ground units. The ground units encrypt and decrypt the tracking, telemetry and control satellite data links. The key management modules provide enhanced key management flexibility by making the handling of the keys more secure and allowing for greater ground unit efficiency and ease of use.
The multi-year production contract was initially awarded to SafeNet in early 2004 after completion of a two-year development program.
"This most recent order for key management modules further demonstrates the Air Force's commitment to provide the most robust and modern security systems," said Jim Summers, [president of SafeNet's Mykotronx subsidiary. "It also validates the investment we have made in Crypto Modern technology and firmly establishes SafeNet as a leading provider of high assurance solutions to the Department of Defense."
"SafeNet is clearly focused on designing and delivering products specifically designed to protect highly sensitive information. This is our promise to our customers," said Chris Fedde, senior vice president and general manager for SafeNet's Enterprise Division. "The Air Force's continuing commitment to our products indicates we are delivering on our promise."
SafeNet is a global leader in information security. Founded more than 20 years ago, the company provides complete security utilizing its encryption technologies to protect communications, intellectual property and digital identities, and offers a full spectrum of products including hardware, software, and chips. ARM, Bank of America, Cisco Systems, the Departments of Defense and Homeland Security, Adobe, Samsung, Texas Instruments, the U.S. Internal Revenue Service and scores of other customers entrust their security needs to SafeNet. For more information, see www.safenet-inc.com.
