BNET Industries

SafeNet Inc.

is in the Technology Industry

Last Fiscal Year Sales:$263.0M

Private
US

Dow Jones Description

SafeNet ensures that networks are, well, safe. Founded in 1983 and headquartered in Belcamp, MD, SafeNet, Inc. provides network security hardware and software. The company's products are used in wide-area networks, wireless networks, security, anti-piracy, license management, and other applications. Its customers include large corporations, governments, financial institutions, and original equipment manufacturers. It has annual revenue of about $263 million and employs about 1,000 people. In 2005, it acquired Eracom Technologies AG, a leader in data encryption software.

Chairman and Interim Chief Executive Officer

Walter W. Straub

Number of Employees 1,043

Contact Information

4690 Millennium Dr Ste 400

Belcamp, Maryland 21017-1526

www.safenet-inc...

(410) 931-7500

Peer Companies

NAICS Code Custom Computer Programming Services: 541511

Recent Events

SafeNet to pay $1 million to settle SEC backdating lawsuit

11/17/09 - Legal Settlement - View Story
Interphase and SafeNet Partner on Integrated Carrier-Grade IPsec Solution

11/02/09 - Joint Venture / Alliance - View Story
SafeNet Names Charles Neral as CFO

10/22/09 - Mgmt. Change Entering - Vice President - View Story
CFOs on the Move: Week Ending October 16

10/15/09 - Mgmt. Change Entering - Finance - View Story
SafeNet Appoints Chief Executive Officer

7/10/09 - Mgmt. Change Entering - CEO - View Story
HASP SRM 4.0 Debuts

6/26/09 - Merger / Acquisition - View Story

News & Analysis

safenet inc. and u.s. department of defense - All News and Analysis

Department of Defense Selects SafeNet as a Top Vendor of Disk and USB Drive Encryption Solutions to the U.S. Government

- 2007-06-20

Inclusion in SmartBUY Purchasing Program Helps Government Agencies Comply with OMB Directive M-06-16, Reduces Cost of Securing Data on Mobile Devices

Tags: disk, SafeNet Inc., U.S. Department of Defense, U.S. Government, USB flash drive
SafeNet Mykotronx Awarded IDIQ Contract from the Department of Defense

- 2007-03-02

BALTIMORE -- SafeNet, Inc. (NASDAQ: SFNT), setting the standard for information security, announced today that SafeNet's subsidiary, Mykotronx, Inc. was awarded on March 2, 2007 an Indefinite Delivery Indefinite Quantity IDIQ contract from the Department of Defense DoD.

Tags: SafeNet Inc., U.S. Department of Defense
SafeNet (SFNT) SqueezeTrigger Price Is $30.63. Short Sellers Down Approximately $16 Million After SafeNet Receives $150 Million Department of Defense Order.

- 2005-09-30

M2 PRESSWIRE-30 September 2005-BUYINS.NET: SafeNet SFNT SqueezeTrigger Price Is $30.63. Short Sellers Down Approximately $16 Million After SafeNet Receives $150 Million Department of Defense Order.C1994-2005 M2 COMMUNICATIONS LTD RDATE:30092005 www.buyins.net, announced today that the 3,476,528 shares declared short on SafeNet,...

Tags: FINANCE, Investment, SafeNet Inc., security, stock, U.S. Department of Defense
SafeNet Announces $150 Million Dollar Contract from Department of Defense; Shipments to Start Early October; Company Reaffirms Full Year 2005 Guidance

- 2005-09-29

BALTIMORE -- SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, announced today that it has been awarded a $150 Million Indefinite Delivery Indefinite Quantity IDIQ contract from the Department of Defense DoD for its new KIV-7M Link Encryptor, the largest contract in SafeNet's history. The Company also has received...

Tags: SafeNet Inc., U.S. Department of Defense
DOD awards enhanced Crypto Card development contract to SafeNet

- 2005-03-14

SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, announced that it's subsidiary, Mykotronx, Incorporated A SafeNet Company, was awarded a contract from the Department of Defense DOD to develop the Enhanced Crypto Card ECC. The ECC is the next-generation version of SafeNet's highly successful FORTEZZA Plus Crypto Card. Like...

Tags: Government, SafeNet Inc., U.S. Department of Defense, U.S. Government

DOD awards enhanced Crypto Card development contract to SafeNet.(United States. Department of Defense)(Brief Article)

- 2005-03-14

SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, announced that it's subsidiary, Mykotronx, Incorporated A SafeNet Company, was awarded a contract from the Department of Defense DOD to develop the Enhanced Crypto Card ECC. The ECC is the next-generation version of SafeNet's highly successful FORTEZZA...

Tags: Government, SafeNet Inc., SECURITY, U.S. Department of Defense, U.S. Government
Department of Defense Awards Enhanced Crypto Card Development Contract to SafeNet; $7.7M Contract to Develop Cryptographic Modernization FORTEZZA Plus Crypto Card

- 2005-03-14

BALTIMORE -- SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, announced that it's subsidiary, Mykotronx, Incorporated A SafeNet Company, was awarded a contract from the Department of Defense DOD to develop the Enhanced Crypto Card ECC. The ECC is the next-generation version of SafeNet's highly successful FORTEZZA Plus Crypto...

Tags: SafeNet Inc., U.S. Department of Defense
SafeNet SafeEnterprise SONET Encryptors Selected by Department of Defense; SafeEnterprise Provides High Speed Secure Connections at Speeds up to 10 Gbps

- 2004-10-28

BALTIMORE -- SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, today announced that its new SafeEnterpriseTM SONET Encryptor was selected by the U.S. Department of Defense.

Tags: SafeNet Inc., SONET, U.S. Department of Defense
SafeNet Provides Department of Defense Government-wide License of High Assurance Client Software

- 2003-01-28

Business Editors/High-Tech Writers

Tags: SafeNet Inc., software, U.S. Department of Defense
Department of Defense Selects SafeNet to Protect U.S Critical Infrastructure and Classified Level Information

- 2002-06-25

Business/Technology Editors

Tags: SafeNet Inc., U.S. Department of Defense

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Decision Makers

Name (plus bio)	Position
Alain Arnaud	CTO, Embedded Division
George Heron	CTO, Enterprise Security Division
Ken Mueller	CFO
Sean Price	Senior Vice President, Business Development
Amber Zentis	Vice President
Dave Giessel	Vice President, Customer Quality & Suppport
Gary Clark	Vice President, Sales, Marketing
Henk Pruim	Vice President & General Manager, OEM, Networking
Howard Seeger	Vice President, Business Development
Humphrey Chan	Vice President, Sales, Asia Pacific
Ian Dix	Vice President of Marketing, Enterprise Division
John W. Frederick	Vice President & Worldwide Controller
L. Thomas Van Huben	Vice President, HR
Mike Williams	Vice President, Enterprise Business Development
Peter Reed	Vice President, Semiconductor Development
Phil Saunders	Vice President, Commercial Sales, Worldwide
Prakash Panjwani	Vice President, Embedded Sales, Worldwide
Roy Maharaj	Vice President, Sales, Worldwide
Stephen Dow	Vice President, Commercial Sales
Steve Turner	Vice President, Prod Services
Thomas Huben	Vice President, HR
Vince Mancuso	Vice President, Govt Sales
Bill Anderson	Director, Marketing
Chris Holland	Director, Product Management
Randy Kun	Director, Product Management
Chris Fedde	Senior Vice President & General Manager, Enterprise Security
David Potts	Senior Vice President & General Manager, Embedded Security
Shelley A. Harrison	Advisor

Board of Directors

Name (plus bio)	Position
Walter W. Straub	Chairman and Interim Chief Executive Officer
Andrew E. Clark	Board of Directors
Arthur L. Money	Board of Directors
Bruce R. Thaw	Board of Directors
Ira A. Hunt Jr.	Board of Directors
J. Carter Beese	Board of Directors
Thomas A. Brooks	Board of Directors

Walter W. Straub was appointed by the Board of Directors as the Chairman and interim Chief Executive Officer of the Company in October 2006. Mr. Straub has served as a director of the Company since March 2004. He was Chief Executive Officer and President of Rainbow Technologies, Inc. from its inception 1984 until March 2004, when Rainbow merged with SafeNet Inc. Mr. Straub led Rainbow's initial public offering in 1987 and secondary offering in 1991. Mr. Straub serves as a director of CAM Commerce Solutions, Inc. (NASDAQ: CADA), a provider of commerce solutions for traditional and web retailers. He received a bachelor's degree in electrical engineering and a master's degree in finance from Drexel University. He is a member of the Board of Trustees of Drexel University and serves on the Concordia University President's Advisory Council. In 1993, Mr. Straub was named Orange County, CA Technology Entrepreneur of the Year.

Organization	Position	Status
SafeNet, Inc.	Chairman and Interim Chief Executive Officer	Current
Vangard Voice Systems, Inc.	Chairman	Current
Concordia University	Board of Directors	Current
Drexel University	Board of Directors	Current
Rainbow Technologies	Co-Founder	Former
SafeNet, Inc.	Board of Directors	Former
Drexel University	Master's Degree In Finance	Former
Drexel University	Bachelor's Degree In Electrical Engineering	Former

Organization	Position	Status
SafeNet, Inc.	CTO, Embedded Division	Current

Organization	Position	Status
SafeNet, Inc.	CTO, Enterprise Security Division	Current

Organization	Position	Status
SafeNet, Inc.	CFO	Current
SafeNet, Inc.	CFO	Current
Datakey Electronics, Inc.	CFO	Former
Microsoft Corporation	Chief Financial Officer	Former
DePaul University	Masters in Business Administration	Former
Northwestern University	Bachelor of Science degree	Former

Organization	Position	Status
SafeNet, Inc.	Senior Vice President, Business Development	Current

Organization	Position	Status
SafeNet, Inc.	Vice President	Current

Organization	Position	Status
SafeNet, Inc.	Vice President, Customer Quality & Suppport	Current

Organization	Position	Status
SafeNet, Inc.	Vice President, Sales, Marketing	Current

Organization	Position	Status
SafeNet, Inc.	Vice President & General Manager, OEM, Networking	Current

Organization	Position	Status
SafeNet, Inc.	Vice President, Business Development	Current

Organization	Position	Status
SafeNet, Inc.	Vice President, Sales, Asia Pacific	Current

Organization	Position	Status
SafeNet, Inc.	Vice President of Marketing, Enterprise Division	Current
Qwest Corporation	Senior Vice President of Marketing and Product Management	Former
LCI Corporation International	Senior Vice President of Marketing	Former

Organization	Position	Status
SafeNet, Inc.	Vice President & Worldwide Controller	Current

Organization	Position	Status
SafeNet, Inc.	Vice President, HR	Current

Organization	Position	Status
SafeNet, Inc.	Vice President, Enterprise Business Development	Current

Organization	Position	Status
SafeNet, Inc.	Vice President, Semiconductor Development	Current

Organization	Position	Status
SafeNet, Inc.	Vice President, Commercial Sales, Worldwide	Current

Organization	Position	Status
SafeNet, Inc.	Vice President, Embedded Sales, Worldwide	Current
Certicom Corp.	Senior Vice President of Worldwide Sales and Business Development	Former

Organization	Position	Status
SafeNet, Inc.	Vice President, Sales, Worldwide	Current

Organization	Position	Status
SafeNet, Inc.	Vice President, Commercial Sales	Current

Organization	Position	Status
SafeNet, Inc.	Vice President, Prod Services	Current

Organization	Position	Status
SafeNet, Inc.	Vice President, HR	Current

Organization	Position	Status
SafeNet, Inc.	Vice President, Govt Sales	Current

Organization	Position	Status
SafeNet, Inc.	Director, Marketing	Current

Organization	Position	Status
SafeNet, Inc.	Director, Product Management	Current

Organization	Position	Status
SafeNet, Inc.	Director, Product Management	Current

Organization	Position	Status
SafeNet, Inc.	Senior Vice President & General Manager, Enterprise Security	Current
Eletronicsbuzz.Com	Director	Current
Motorola, Inc.	Engineering Manager	Former

Organization	Position	Status
SafeNet, Inc.	Senior Vice President & General Manager, Embedded Security	Current

Organization	Position	Status
Harrison Enterprises, LLC.	Founder	Current
SafeNet, Inc.	Advisor	Current
SafeNet, Inc.	Board of Directors	Current
NetManage, Inc.	Director	Current
Librados, Inc.	Board of Directors	Current
Astrotech Corporation	Chief Executive Officer	Former
Symbol Technologies, Inc.	Chief Executive Officer	Former
Symbol Technologies, Inc.	Chairman	Former
Astrotech Corporation	Chairman of the Board of Directors	Former
New York University	Ph.D.	Former
Polytechnic University	Ph.D.	Former
Polytechnic University	M.S. In Electrophysics	Former
New York University	Bachelor of Science In Electrical Engineering	Former

Andrew E. Clark has served as a director of the Company since 2001. He is Chairman and President of Wheatfield Ventures, LLC, a private equity firm concentrating on early stage investing within the technology sector. Mr. Clark sits on the Advisory Board of Spring Capital Partners, L.P., a small business investment company providing subordinated mezzanine debt financing in the Mid-Atlantic region, and is also a member of the board of directors of Howard Bancorp. From October 1997 through December 2000, Mr. Clark held various executive positions with Verio, Inc., including President of the eBusiness/ Custom Web Development and East Regional business units. Mr. Clark began his career as a professional at KPMG Peat Marwick. He received his B.S. degree in Accounting from Washington and Lee University and is a Certified Public Accountant in the State of Maryland.

Organization	Position	Status
Spring Capital Partners, L.P.	Advisory Board	Current
SafeNet, Inc.	Board of Directors	Current
Verio Inc.	President	Former
KPMG International		Former
Lee University	B.S. degree in Accounting	Former
Washington and Lee University	B.S. Degree In Accounting	Former

Organization	Position	Status
ITM Software		Current
Tenix Datagate, Inc.		Current
Silicon Graphics, Inc.		Current
Federal Bureau of Investigation	Chairman	Current
CACI International Inc.	Board of Directors	Current
Ciena Corporation	Board of Directors	Current
Essex Corporation	Board of Directors	Current
Novodynamics, Inc.	Board of Directors	Current
Attensity Corporation	Board of Directors	Current
Abraxas Corp	Board of Directors	Current
Intevac, Inc.	Board of Directors	Current
Neokinetics	Board of Directors	Current
Lnxw	Board of Directors	Current
Intelli-Check - Mobilisa, Inc.	Director	Current
Mobilisa, Inc.	Board of Directors	Current
Ats Corp	Board of Directors	Current
Mhone	Director	Current
Intelli-Check, Inc.	Board of Directors	Current
SafeNet, Inc.	Board of Directors	Current
Terremark Worldwide, Inc.	Board of Directors	Current
ESL, Inc.	President	Former
Esl	President	Former
TRW, Inc.	Vice President	Former
TRW, Inc.	Deputy General Manager	Former
Surveillance Group Inc	Manager	Former
Advanced Systems Development Inc.	Assistant Secretary of Defense	Former
Intelligence, Inc.	Assistant Secretary	Former
Ats Corp	Special Advisor	Former
Control, Inc	Assistant Secretary	Former
National Reconnaissance Office		Former
U.S. Navy		Former
Control, Inc	Board of Directors	Former
Co-Defense	Secretary	Former
The Boeing Company	Board of Directors	Former
Steelcloud Inc.	Director	Former
Depart-Ment	Board of Directors	Former
Intelligence, Inc.	Board of Directors	Former
University of Santa Clara	M.S. Degree In Mechanical Engineering	Former
San Jose State University	Master of Science Degree In Mechanical Engineering	Former
San Jose State University	B.S. Degree In Mechanical Engineering	Former

Organization	Position	Status
SafeNet, Inc.	Board of Directors	Current
Bulbtronics Inc.	President & CEO	Former
Amtech Systems, Inc.	Director	Former

Organization	Position	Status
Biometric Associates, Inc	Co-Founder and Chairman of the Board	Current
SafeNet, Inc.	Board of Directors	Current
Pacific Architects, Inc.	President	Former
University of Grenoble	Doctorate Degrees	Former
The George Washington University	Doctor of Business Administration degree	Former
University of Detroit Mercy School of Law	Master of Business Administration	Former
Massachusetts Institute of Technology	Master of Science degree in civil engineering	Former

Organization	Position	Status
SafeNet, Inc.	Board of Directors	Current

Organization	Position	Status
SafeNet, Inc.	Board of Directors	Current
AT&T Inc.		Former
The George Washington University	Master's studies	Former
Fairleigh Dickinson University	Master's degree	Former

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