BNET Industries
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. StraubNumber of Employees 1,043
Contact Information
4690 Millennium Dr Ste 400
Belcamp, Maryland 21017-1526
(410) 931-7500
Peer Companies
NAICS Code Custom Computer Programming Services: 541511
Recent Events
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SafeNet to pay $1 million to settle SEC backdating lawsuit
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Interphase and SafeNet Partner on Integrated Carrier-Grade IPsec Solution
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SafeNet Names Charles Neral as CFO
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CFOs on the Move: Week Ending October 16
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SafeNet Appoints Chief Executive Officer
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HASP SRM 4.0 Debuts
News & Analysis
Filter by
safenet inc. and u.s. government - All News and Analysis
SafeNet Launches the Type 1 Certified 10Gbps Encryptor for U.S. Government Classified SONET/SDH Networks
BALTIMORE -- SafeNet, Inc., a global leader in information security, announced today the availability of the KG-340, its Type 1 SONET/SDH Encryptor for the protection of classified information sent over high-speed U.S. Government networks. It is the only encryptor of its kind in existence. Developed under the National Security...
SafeNet Expands Position as Leading Vendor of Full-Disk Encryption Products to the U.S. Government
SafeNet Offers Upgrade to 250,000 Copies of Its Full-Disk Encryption Software Downloaded by U.S. Government Agencies
Department of Defense Selects SafeNet as a Top Vendor of Disk and USB Drive Encryption Solutions to the U.S. Government
Inclusion in SmartBUY Purchasing Program Helps Government Agencies Comply with OMB Directive M-06-16, Reduces Cost of Securing Data on Mobile Devices
SafeNet Distributes Approximately 225,000 Free Copies of Its ProtectDrive Software to U.S. Government Agencies
Disk Encryption Software Helps Agencies Comply with OMB Mandate to Secure Sensitive Data on Mobile Computers/Devices
SafeNet Offers Free Copies of ProtectDrive Software to U.S. Government Agencies; Disk Encryption Software Will Help Agencies Comply with OMB Mandate to Secure Sensitive Data on Mobile Computers/Devices; Offer Good Until September 30th
BALTIMORE -- SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, announced today that it is offering free copies of its hard drive encryption software, ProtectDrive, to all U.S. Government agencies between now and the government's fiscal year end, September 30. SafeNet is making this offer in an effort to...
SafeNet KIV-7M Encryptor Certified by U.S. Government; SafeNet First to Receive Product Certification under U.S. Government's Cryptographic Modernization Initiative
BALTIMORE -- SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, announced that SafeNet's KIV-7M encryptor has been certified by the U.S. Government. The KIV-7M is the first encryption product that has been certified and is fully compliant with the U.S. Government's Cryptographic Modernization Initiative administered by the National Security...
SafeNet Delivers its KIV-7M Encryptor to U.S. Government; SafeNet Among First to Deliver Product Developed Under U.S. Government's Cryptographic Modernization Initiative
BALTIMORE -- SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information security, announced that SafeNet subsidiary Mykotronx, Inc. has begun Beta testing its new KIV-7M at U.S. Government sites. The KIV-7M is among the first products available that are fully compliant with the U.S. Government's Cryptographic Modernization Initiative administered by the...
DOD awards enhanced Crypto Card development contract to SafeNet
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...
DOD awards enhanced Crypto Card development contract to SafeNet.(United States. Department of Defense)(Brief Article)
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...
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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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