"
According to MSHDA, it has helped to finance over $2 billion in single -
family mortgages for homebuyers to purchase over 50,000 homes since its
inception in 1966.

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michigan .

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com

"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995

The statements contained in this release, which are not historical
facts, are forward -looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. We are grateful to McDATA for giving back to the
industry in such a positive way, and we look forward to ensuring that
their gift is a meaningful one.

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"
The ISIC is one of 22 Alfred P.
"In addition to LINKS to Homeownership, MSHDA's Single Family programs
offer a wide range of options for low-income families," DeVos added.

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SafeNet is a global leader in information security.
"For 39 years, MSHDA has continued its commitment to affordable housing
and improving communities," said Executive Director Michael DeVos. A list is available on the MSHDA Web site located at
http://www.
Another example is the Employer Assisted Housing (EAH) program , an exceptional
program that is targeted to potential employers across Michigan, to encourage
employees to live where they work.

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The FFIEC Symposium will address the problem of identity theft and
seeks to provide guidance to the financial services industry on ways
to combat and reduce the impact of this issue.
FFIEC is a formal inter-agency body empowered to prescribe uniform
principles, standards , and report forms for the federal examination of
financial institutions by the Board of Governors of the Federal
Reserve System (FRB), the Federal Deposit Insurance Corporation
(FDIC), the National Credit Union Administration (NCUA), the Office of
the Comptroller of the Currency (OCC), and the Office of Thrift
Supervision (OTS) and to make recommendations to promote uniformity in
the supervision of financial institutions.
"We are proud to be a Founding Sponsor of the
StorageNetworking., Trainer Communications, Rainfinity, NeoScale Systems, Inc."
DeVos explained that MSHDA's LINKS to Homeownership program provides
exceptional homeownership opportunities for Michigan families, including down
payment assistance.

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ARM, Bank of
America, NetGear, the Departments of Defense and Homeland Security,
Adobe , Samsung, Texas Instruments, the U.
StorageNetworking.org is a university-based, nonprofit initiative
whose mission is to address the educational needs of data storage
technology users. The initiative also manages an
online resource portal to provide access to industry-specific
educational opportunities and advocates the expansion of
university-based educational offerings focused on data storage topics .

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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. These statements are subject to uncertainties
that could cause actual results to differ materially from those set
forth in or implied by forward-looking statements. "Their contributions
enable us to further support the storage users that are the backbone
of our SNUGs, and to involve even more universities and affiliate
organizations . For those who qualify, the LINKS to Homeownership program
may be accessed through agents in each Michigan county, depending on where the
family lives.

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Business Editors/High-Tech Editors

BALTIMORE----SafeNet, Inc. Important factors
that could cause actual results to differ materially are included but
are not limited to those listed in SafeNet's periodic reports and
registration statements filed with the Securities and Exchange
Commission.

Business Editors/Technology Editors

SAN DIEGO----The Information Storage
Industry Center (ISIC) at the University of California , San Diego
(UCSD) announced today that McDATA, a leading provider of data
infrastructure solutions , is now a Founding Sponsor of the ISIC's
StorageNetworking. Further information may be obtained by
calling one of the agents that corresponds to the county where a prospective
homebuyer is located .

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safenet-inc. The Company assumes no obligation to update information
concerning its expectations .

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McDATA Becomes StorageNetworking.org Initiative Founding Sponsor; UCSD-Based Program Addressing the Educational Needs of Data Storage Professionals

Current sponsors include McDATA, the Alfred P.michigan .

The Michigan State Housing Development Authority is a quasi-state agency
that provides financial and technical assistance through public and private
partnerships to create and preserve decent, affordable housing for low- and
moderate-income Michigan residents.

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Sloan
Foundation, the Storage Networking Industry Association (SNIA),
Hewlett-Packard, EMC Corporation, Engenio Information Technologies,
Inc.gov/mshda . For more information
on MSHDA initiatives and programs, visit the Web site at
http://www.gov/mshda .

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SafeNet Chairman Tony Caputo to Keynote at the Federal Financial Institutions Examinations Council Symposium

LANSING, Mich.

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About SafeNet, Inc.

org Initiative, as both McDATA and the Information
Storage Industry Center share similar values , namely, to educate end
users, to encourage vendor collaboration, to offer expert support and
service , and to promote the future of technology innovation today,"
said Wayne Morris, senior vice president of worldwide marketing,
McDATA.org Initiative is funded through foundation grants
and charitable gifts to the University of California, San Diego
(UCSD).

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"Owning a home strengthens families , stabilizes neighborhoods, and builds
communities," said Granholm.

Information on associations, collectives , or groups of people who educate, promote and/or provide services in the field of dance.

multicultural documenting

William Seidman Center in Arlington, Virginia. Speakers at the
symposium will explore the scope of identity theft , the technology and
processes used to perform identity theft and look at current and
future means to reduce the problem. "We support the ISIC StorageNetworking.

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Internal Revenue Service
and scores of other customers entrust their security needs to SafeNet. The initiative is currently stimulating the creation
of local and regional storage networking user groups (or SNUGs), so
that data management professionals can exchange information with their
peers and other knowledge experts.org is extremely positive,"
says ISIC Industry Relations Director Ron Durbin.

Governor Granholm Supports MSHDA Programs by Proclaiming June Homeownership Month

"Low-
interest mortgages and property improvement loans as well as Michigan Mortgage
Credit Certificates (MCC) all contribute to the convenience of homeownership .

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Granholm has
once again taken the opportunity to recognize the efforts and programs
promoted by the Michigan State Housing Development Authority (MSHDA) by
proclaiming June to be Michigan's Homeownership Month.

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"Thanks to
this administration's tremendous support and commitment to growing Michigan,
its communities, and economic base, MSHDA programs will promote homeownership
all year long -- not just during the month of June.

examinations umbrella

S. Sloan Foundation Industry Centers
at 15 leading universities across the country.

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All other trademarks are the property of their respective owners.,
Storage magazine, InfoStor magazine, and Byte and Switch. The Authority's loans and operating
expenses are financed through the sale of tax-exempt and taxable bonds and
notes to private investors , not from state tax revenues.

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Mr.org Initiative and
their efforts to study and report on the rapidly evolving and
highly competitive information storage industry."
"McDATA's support of StorageNetworking .

slater umbrella

The
StorageNetworking. "This proclamation reaffirms our recognition and
support for those, like MSHDA, who provide affordable housing opportunities
for low- to moderate-income families and individuals throughout the state.

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For more information, visit www.org Initiative., Governor Jennifer M."
According to DeVos, recent legislation increasing household income and
purchase price limits allows even more Michigan residents to take advantage of
the low-interest MSHDA mortgage loans.

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(NASDAQ:SFNT ), setting the standard for information security, today
announced that SafeNet Chairman and CEO Tony Caputo will present the
keynote speech at the Federal Financial Institutions Examinations
Council (FFIEC) Symposium on Monday, March 14, 2005, being held at the
FDIC - L. Caputo, who will speak at 2:30
pm EST, will provide his expertise and guidance on the matter of
identity theft as well as security issues for financial institutions.

Editor's Note: SafeNet is a registered trademark of SafeNet, Inc.