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PRESS RELEASE : May 24, 2004

Voltage Security Co-Founder and Inventors of Identity-Based Encryption Win 2004 InfoWorld Innovators Award


Palo Alto, CA., May 24, 2004
-- Voltage Security Inc., a leading provider of secure business communication solutions, today announced that Drs. Dan Boneh and Matt Franklin are recipients of the 2004 InfoWorld Innovators award for their invention of Boneh-Franklin Identity-Based Encryption (IBE). Dr. Boneh is a board member and co-founder of Voltage Security and continues to lead the advanced cryptography group at Stanford University where he is an Associate Professor of Computer Science and Electrical Engineering. Dr. Franklin is an Associate Professor of Computer Science at University of California, Davis. InfoWorld, a leading business-to-business technology brand (www.infoworld.com), announced the recipients of its 2004 Innovators Awards in the May 24th,  2004 edition of InfoWorld magazine. The article can be found online at www.infoworld.com/1416.

By using well-known identities as public keys, IBE eliminates the need for certificates and greatly reduces the complexity and high cost of administration usually associated with PKI. Voltage Security delivers the power and simplicity of IBE as part of a broad platform of communication security solutions for enterprises to protect customer privacy, and for compliance with federal privacy regulations.

“We are extremely honored to have Matt and Dan selected as InfoWorld Innovators. Their contribution changes the way we view secure communications, making it extremely easy to bring confidence in dealing with private customer and partner information. Already, leading organizations in financial services, insurance, healthcare, and government are using the Voltage Security platform to comply with privacy standards, streamline business processes and secure critical communications,” said Sathvik Krishnamurthy, president and CEO of Voltage Security, Inc.

“By cracking the problem of identity-based encryption, Dan Boneh and Matt Franklin have fundamentally changed the dynamics of secure communications. No longer will ordinary users be forced to hassle with the certificates required by a traditional PKI system, so that people will actually begin to employ advanced encryption as a matter of course. By any definition, this is truly an outstanding innovation. We are proud to have Dan and Matt in our 2004 class of InfoWorld Innovators,” said Eric Knorr, executive editor-at-large of InfoWorld.

About InfoWorld Innovators Awards
The InfoWorld Innovators awards honor top technology innovators whose work, creations, and ideas have changed the way we look at technology and have had a significant impact on the evolution of the tech world. In addition to being added to the Innovators Hall of Fame, InfoWorld also honors several up-and-coming leaders as Ones to Watch. Innovators selections are made by the InfoWorld senior editorial staff and are open to outside nominations.
About InfoWorld Media Group

For 25 years, InfoWorld Media Group has provided cutting-edge coverage and evaluation of IT products and services for technology experts in senior management. Through integrated channels including print, online, events and demand generation, InfoWorld reaches the most influential senior-level information technologists -- those who drive their enterprises' strategies and technology purchases. Powered by a continued investment in an independent Test Center, InfoWorld analysts and editors provide both hands-on analysis and evaluation, as well as expert commentary on issues surrounding emerging technologies and products. Visit InfoWorld at http://www.infoworld.com

About Voltage Security
Voltage Security, Inc. provides the market leading Voltage Enterprise Privacy Management Platform™, a breakthrough foundation for securing all forms of digital business communication flowing into and outside an organization. Based on a revolutionary breakthrough called IBE, or Identity-Based Encryption, the Voltage Enterprise Privacy Management Platform greatly simplifies the use and administration of traditional security systems. Voltage Security markets its own enterprise solutions including the Voltage SecureMail Gateway™, Voltage SecureMail™ and secure mobile messaging solutions for RIMs BlackBerry® and Microsoft Windows Mobile-based Pocket PCs and Smartphones, and partners with other leading companies such as CipherTrust, FrontBridge Technologies (a Microsoft company) and Proofpoint to serve the expanded security needs of the enterprise. Third-party and corporate developers can secure customer applications with the Voltage IBE Toolkit™. Voltage Security customers include leading corporations and governmental agencies from around the globe including XL Global Services, Waterfield Mortgage, QVC Japan and Hitachi.

messaging and web services forthcoming. Voltage serves leading enterprise customers and regulated industry segments such as financial services, healthcare, pharmaceuticals and government. For more information on Voltage Security and to learn more about IBE, please visit www.voltage.com.

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Notes: Voltage SecureMail, Voltage SecurePolicy Suite and Voltage SecureFile are either trademarks or registered trademarks of Voltage Security, Inc. All other product names and trademarks are the property of their owner.



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