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Encryption Security

PGP Acquired From NAI 191

Posted by jamie from the old-standards dept.
lowy writes "PGP Corporation, the 'new company with a long history' today announced that it has received $14 Million in funding and acquired the PGP Desktop and Wireless encryption product lines from Network Associates, Inc." PGP Corporation issued five press releases today, but we'll forgive it because it actually has products to sell, promises to keep offering a freeware version, and is taking on tech support for existing customers. Also, the email from NAI to its customers follows.

August 19, 2002

Dear Customer,

Today we are pleased to announce that PGP Corporation, a newly formed, venture-funded security company, has acquired the PGP desktop encryption and wireless product lines from Network Associates. As you know, prior to placing the products into maintenance mode, we were actively looking for a buyer that would continue the development and support of the technology.

Network Associates has retained products developed using PGPsdk including McAfee E-Business Server for encrypted server-to-server file transfer, McAfee Desktop Firewall and McAfee VPN Client. These products will remain a part of Network Associates existing product portfolio and we will continue to develop them to meet your security needs. PGP Corporation has acquired PGPmail, PGPfile, PGPdisk, PGPwireless, PGPadmin and PGPkeyserver encryption software products for Win32 and Macintosh, PGPsdk encryption software development kit, and PGP Corporate Desktop for Macintosh.

In addition to the technology, PGP Corporation has acquired all worldwide customer license agreements and technical support obligations. To ensure a seamless transition, Network Associates will work with PGP Corporation to support PGP customers through October 26, 2002. PGP Corporation will contact you shortly with details on its plans and product direction.

We trust that you will have continued success with the PGP desktop and wireless encryption products through PGP Corporation. Network Associates appreciates your business and we value our continued relationship across our remaining product lines.
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PGP Acquired From NAI More

PGP Acquired From NAI

Comments Filter:
  • **MAYBE** now we will get an OS X version...

    • Re:Mac OS X (Score:5, Informative)

      by Anonymous Coward on Monday August 19, 2002 @11:57AM (#4098031)
      You will! Read the announcement [pgp.com].

      • Re:Mac OS X (Score:2, Funny)

        by jeffy124 ( 453342 )
        wow!! that announcement looks great!

        Warning: Too many connections in /var/www/html/pgp/conn.php on line 7

        Warning: MySQL Connection Failed: Too many connections in /var/www/html/pgp/conn.php on line 7
        Error: Could not connect to MySql
        • #include "rant_about_mysql_being_ready_for_primetime.h"

          error: incorrect assumption at line 103

          • Re:Mac OS X (Score:1, Offtopic)

            by baptiste ( 256004 )
            #include rant about users not knowing how to configure MySQL for primetime use.

            This error is a config issue - so the admin of that site isn't ready for prime time. Any web site with a MySQL backend has to change some MySQL parms to fit that application.

      • - I use the gpg plugin for the macosX mail app .. I cant really see the benefit I would get from this. Putting pgp on outlook is like putting lipstick on a pig. /m
        • Nah, it's like putting a paper bag over the pig's head - enough to make the difference between gnawing your arm off to get away and begrudgingly accepting the situation.
    • From http://www.pgp.com/display.php?pageID=21:
      PGP Corporate Desktop 8.0 for Mac OS X will be available for ordering in Q4 2002.

    • Re:Mac OS X (Score:5, Informative)

      by jht ( 5006 ) on Monday August 19, 2002 @12:00PM (#4098061) Homepage Journal
      Yep, we will. They've announced that PGP 8.0 for OS X will be available within a couple of months, and it's fully Cocoa based. It'll include plug-ins for Apple Mail and Entourage, and it'll have a version of PGP Disk that'll work with older images and run in OS X.

      There's also going to be new Personal versions of all the apps, as well. PGP Net will be a separate application under OS X, rather than being bundled in the base product. The Windows PGP VPN product will continue to be sold by NAI.

      (Of course, had they posted this when I submitted it 3 hours ago, you would have known this already...)
    • **MAYBE** now we will get an OS X version...

      probably already been said, but hey....

      from the site:
      PGP 8.0 for Macintosh OS X: PGP Mail and PGP Disk. This new product brings full Mac OS X support to the PGP product line. An all-new version of PGP Disk allows compatibility with PGP disks created on Windows, AES algorithm support, and compatibility with older Mac OS 9 PGP disks. PGP Mail for Mac OS X directly integrates with Apple's mail application as well as providing support for Microsoft's Entourage.
    • I don't doubt it. The problem with NAI having PGP was that it was pretty much in limbo. Nothing could be done with it. It was pretty much just going to waste.

      This was a really good article on the subject of Phil Zimmerman on buying back PGP [newsforge.com]
      .

      Just who is PGP Corp.? Their site is down, and I can't get more info.

  • Does anyone actually use PGP (Score:1, Flamebait)

    by Anonymous Coward
    I mean the encryption feature of PGP, it seems a ton ofpeople use it, but only as a cool sig.
    • -----BEGIN PGP MESSAGE-----
      Version: PGP 7.1.1
      Comment: Yes!

      hQEMAwl2udpezNSNAQf/Yn4lIDvU0DS2pRhxz/guFx/yxBra r/ QN6ii/0/usCMRo
      atgMUr5h+VuoYbOersB8NfPWewWhAE7ok0 UvCchxFkcqhFAiGw lDqX2duEyTy9Qd
      23a1t6KBEPjawH3wCPXo6RLhpXSmDzAXDm F7gs6lnJ7giArcYC UPs8rOLpt8fsM1
      86EzZm7iwZCI3yVotFN5+kFXY2WDV4SCgd vgmWcX2kftwrPRJZ rNy5ODlKZqUhi9
      Y+zQbIoEon2Zucg7SA3wlUWTQZjsfyHEfh SoJRPC5/4EL0H7D8 rHh4k53JSjCnUl
      u8bYFQ87v6vbmonlEek9nKCC0pwp6fVziz a9rhED2qRp7EVUHa n4Lxoo1CRaSM5T
      OmDfrMNmskVlLOflPivJUM4VLp6A8o28k2 FZxxbB6A1LzNvD1y Ys3K+gBwBA0Wbu
      Q1819K2BwNrNAX7AGACsptVkJ36PP+LWhj f3/kq+IfD9VELamn OsVWaA
      =Qus1
      -----END PGP MESSAGE-----

  • Check GnuPG, an excellent alternative (Score:5, Informative)

    by Anonymous Coward on Monday August 19, 2002 @11:59AM (#4098048)

    http://www.gnupg.org/

    • Please note that GnuPG is not a full replacement for PGP, it does not contain the following features:

      • Run-time filesystem encryption (encrypted fs)
      • Firewall
      • IDS
      • IPSEC Tunneling VPN

      It does have some email encryption abilities however, so if that is your intended purpose, go to it. It's Free as in Speech!

      KWTCMA

      • Re:Check GnuPG, an excellent alternative (Score:1, Informative)

        by Anonymous Coward
        Don't mix up marketing and technics...

        GnuPG is an OpenPGP implementation. PGP (the initial product name) was an encryption tools for email. After, standardize by John Callas and others, under the RFC2440 as OpenPGP.

        GnuPG implements that (and more).

        When you are talking about the rest, this is not related and that was product gathered from other vendors (Do you remember the "wonderful" Gauntlet Firewall ?)...

        So GnuPG is an excellent alternative to PGP and a good implementation of OpenPGP.

        For the REST, you can use Snort as NIDS, netfilter as Firewall and so on...

        But OpenPGP defined a message format and only that...

      • Isn't that a bit deceptive? (Score:5, Informative)

        by Bruce Perens ( 3872 ) <bruce@perens.com> on Monday August 19, 2002 @12:28PM (#4098246) Homepage Journal
        GnuPG is intended to replace the PGP encryption program, not the entire PGP product line. Of course, there are Free Software replacements for those other products as well:
        • Encrypted filesystem: GPL driver for Linux
        • Firewall: Linux Router Project and others.
        • IDS: Snort and its ilk.
        • IPSEC tunneling VPN: I think this is in Free S/WAN.

        Bruce

        • Hi Bruce:

          One point:

          "Firewall: Linux Router Project and others."

          is not better?...

          Firewall: Linux Kernel (netfilter)

          best wishes,

          -Bryam
        • GnuPG is intended to replace the PGP encryption program, not the entire PGP product line.

          Indeed. I am glad GnuPG doesn't attempt to be an all-in-one mega-security-solution. Many small programs/projects that fill their niche is an important software philosophy that seems to be ignored in the Windows world.

        • As for as I can tell, LRP is slowly being replaced by LEAF(http://leaf.sourceforge.net). The mailing list is still active, but there doesn't seem to be a whole lot of development going on (of cousre, LRP looked like that a couple of years ago when I was interested in it:). http://lrp.c0wz.com, which was a great site for information, is down and it's difficult to find an active mirror of the old site.
        • -Firewall: Linux Router Project and others.

          LRP is a router for connection sharing. PGP gives you zonealarm/blackice style firewalling for a windows system (ie restrict outgoing ports to only approved applications, block all incoming ports by default, etc).

          Granted, this functionality can be attained using ipchains with various complex filters, but I haven't seen a nice gui that says "only let ftp, icq, mozilla, and ssh open outgoing connections" for linux (or windows, apart from what I named above) yet.
      • As always, if PGP had come with an mp3 player, people would complain about GnuPG not having one also. PGP-the-suite is primarily a morass of fairly unrelated products, bundled together merely for markettng reasons, which you have obviously fallen for...
      • What version of PGP for windows allows me to be an ipsec 'client' ??

        Im really sick of ol SSH Sentinel, see my sig
    • The main problem I had with GnuPG is that it's a command-line program. I really missed some of the nice GUI features in the Windows version of PGP. Then I found out about WinPT [winpt.org], which is a GUI shell for GnuPG.

      Love it. Use it all the time. Recommended.

  • Actually... (Score:2, Insightful)

    by Anonymous Coward
    Personally I think it's great to be able to download their free non-commercial version but I do think it's a bad business-model.

    Think about it, how much value is there for corporations in a product like PGP? HUGE!

    How much value is there for homeusers that wants to protect their data, also quite big!

    How much do people pay for cable, internet and other stuff each month. Quite some money, right? Wouldn't a product they often use on a daily bases be worth anything?

    For them, I don't think it's wise to give away the product to home users since it has value to them too.

    I think this is the IT-industries problem in a nutshell, people working in it always think their products isn't worth anything then in fact people do pay lots of money for even small insignificant stuff in their life.

    • Re:Actually... (Score:5, Insightful)

      by FreeLinux ( 555387 ) on Monday August 19, 2002 @12:18PM (#4098189)
      The home user market is really quite small by comparison to the corporate market. Think about it, how many AOL users have a clue what PGP is, much less a desire to use it.

      Since this is a small market anyway, they lose little or nothing by giving it away to this market segment. But, by giving it away, they have a greater potential to increase their mind share and their installed base. They also increase compatibility in the sense that corporations can communicate with private citizens via PGP, something that can not happen if the general public doesn't have a means of decrypting the communications.

      The model is similar to many others who have been highly successful with it. Think about Real Networks, Adobe, Macromedia and even the venerable web browser Netscape and IE. They give the client away and sell the server.

      Now, later on after they have established themselves as the monopoly for the communications encryption market, they can start charging the small users too because at that point those users will have to have it.

      In the end, very profitable indeed.
    • Well... Flip the coin. The only way to have any chance at speeding up adoption of encryption, is to offer a basic version free. Once people realize it's rather nice to feel free of eavesdroppers, they'll likely realize the benefit of, say, file encryption as well. And there's your profit right there..
    • I agree that there is a huge market for encryption, and it will continue to grow as people realize the need for defense against a whole new category of threats.

      While PC encryption has a huge potential market, NAI ignored most of it. To me, the problem was that they concentrated on the tiny market segment that was willing to pay top dollar for an all-inclusive encryption package. I found it quite difficult to buy just the basic file encryption or e-mail encryption. Why should encryption cost more than the entire OS?

      Less than 1% of all my documents and e-mail needs to be encrypted. I think that's fairly typical for users in general. If NAI concentrated on getting something from everyone ($50?) who needed to send/receive encrypted e-mail or wanted better encryption than the feebleware features of MS Office, PGP would have been a big winner. Let's hope the new owners can capitalize on the untapped market for this product.
    • Well, I think the corporate market is much larger than the home user market for PGP *in its current form*.

      Is there a potentially huge market for the individual home user to encrypt their data? Absolutely!!

      Problem is, the average home user wants something so "brain-dead simple" to deal with, that it basically becomes invisible. If they can integrate PGP to the point where it feels like part of the OS itself (and doesn't cause a noticeable performance hit, or compatibility/stability issues in the process), then they've really got something.

      I envision a product that asks a few basic questions during the initial setup, and then simply runs invisibly in the background afterwards. It should default to encrypting all data saved to my non-removable media, and let me click to encrypt removeable media on a case-by-case basis. Instant messengers like ICQ, AIM, etc. should all be supported, as well as email.
    • If you want to send someone an encrypted e-mail, you're gonna ask them for their PGP key. But you'll probably tell them where to get the Free-as-in-beer GUI. If there wasn't the nice one from PGP you'd point them to the Free GPG one as well, and that's what they would probably download, even though it's a little tougher to use.

  • PGP for OSX (Score:1, Redundant)

    by jims ( 64440 )
    On PGP.com's new site, they also have announced [pgp.com] that they will be providing a version for OSX this fall! Hopefully it will support many of the OSX mail applications, and it will also give us PGPDisk. Both are features I use quite a bit. On the down side, they also note that the OSX version won't include PGP Firewall or PGP VPN. It looks like those features will be later and as a separate product.

  • Thankfully... (Score:2, Interesting)

    by JoshMKiV ( 548790 )
    Thank you!!! Freeware just didn't cut it for some installations. We were happy to pay for the product, but then NAI dumps it... The time between owners will hurt PGP, but the damage shouldn't be too bad. Now if Meta and the like will start to recommend it...
  • I'm the sole (by far) contributor to a Mac OS X project that people use probably only because there is no PGP for Macintosh. Does this mean it's time to abandon it? I know that I'd lose a lot of my userbase to PGP, even if the PGP client for the email client my app works with wouldn't support PGP/MIME (my app has decrypt/verify-only capabilities).

  • Command line version? (Score:2, Interesting)

    by Malc ( 1751 )
    I recently tried out GPG with Mozilla's enigmail. What a horrible experience. I'm back to the PGP6.x. It would be nice if PGP7.x hadn't removed the command line tools... can we please have them back?

    • Re:Command line version? (Score:2, Interesting)

      by kcurrie ( 4116 )
      What didn't you like? I use it daily and it works wonderfully (at least in the latest version, running on 1.1b). Even my tech-challenged wife is able to sign and encrypt emails to others without my help.

      • I would also like to know what you didn't like.

        I nearly switched to Mozilla from pine after trying out Enigmail because of how easy it was to use. In fact, if more people would send me PGP singed/encrypted messages, I think I would switch. pgp4pine is great and all, but there's no "remember password for x minutes" feature.

        • Combining Quintuple Agent [freshmeat.net], a password-memory program that also interfaces with gpg, and PgpEnvelope [freshmeat.net], a very nice text-menu-driven pine-compatible gpg / pgp interface will get you the same thing.

        • I've used all the pgp wrappers for Pine and I personally have found the best one is PinePG [freshmeat.net]. It's minimalistic, when you send it gives you the option to sign or sign+encrypt and it securely caches the passphrase. It auto unencrypts and verifys the messages.

    • Re:Command line version? (Score:5, Informative)

      by Llanfairpwllgwyngyll ( 81289 ) on Monday August 19, 2002 @12:35PM (#4098291) Journal
      The PGP 7.x command line tools were removed because of the ease with which you could hack together a server using the command line tools without paying for a PGP Server-stylee licence which cost a lot more. The E-biz stuff still gave you the command line versions - but that was more expensive.

  • slashdotted (Score:1, Informative)

    by Aanallein ( 556209 )
    Some interesting pages (full of marketdroid speak):

    PRODUCTS

    PGP Corporation's products keep your confidential information secure. Whether it's in transit over a network or stored on desktops, laptops, or mobile devices, PGP prevents unauthorized access to your data.

    PGP Corporation's products are standards-based and use the most advanced and trusted encryption technology at their core. Even non-technical users can keep confidential information safe.

    PGP Corporate Desktop is our enterprise product, including PGP Mail for email, file, and instant messaging encryption, as well as PGP Disk, which encrypts entire disks, PGP Admin allows pre-configuration of company-specific services, security policies, corporate keys, all of which result in significant ease of deployment for IT management.

    We are committed to remaining close to PGP's roots. To that end, we will be releasing PGP Personal for individual commercial use, as well as PGP Freeware for individual non-commercial use, when we deliver our forthcoming major release, PGP 8.0.

    Version 8.0 will also mark PGP Corporation's next source code release, allowing continued peer review of our technology.

    Please go to the individual product pages below for more information.

    * PGP Corporate Desktop for Windows

    * PGP Corporate Desktop for Macintosh

    * PGP Mail for Windows

    * PGP Disk for Windows

    * PGP Enterprise Tools

    * PGP Mobile for Palm OS

    * PGP Mobile for Windows CE

    Available in the fourth quarter of 2002:

    * PGP Personal 8.0

    * PGP Freeware 8.0

    * PGP SDK 3.0

    Please note that PGP Corporation's acquisition of PGP technology did not include the PGP E-Business Server.

    ===================
    FREEWARE

    PGP Freeware 8.0 will be available in Q4 2002.

    We will continue PGP's tradition of offering a freeware version of PGP Mail for non-commercial use.

    PGP Freeware is a single-user product that includes the same core PGP Mail software that can be found in our PGP Corporate Desktop and PGP Personal packages. PGP Mail encrypts electronic mail, files, and instant messages, and also provides the ability to create and manage PGP keys.

    PGP Freeware is licensed solely to individual users for non-commercial use.

    If you are an individual user who needs to secure your electronic business communications, you must obtain a license for our PGP Personal package, which is specifically intended for individual business users, and also includes our PGP Disk software. If you need multiple licenses of PGP software for commercial use, please see our PGP Corporate Desktop pagesfor Windows and for Macintosh.

    For more details about the encryption algorithms, hashes, and key formats supported by our products, please read our Technical Specifications page.

    ===================
    PRESS RELEASES

    Palo Alto, Calif. (Aug 19, 2002) - PGP Corporation today made a series of announcements regarding its formation, purchase of assets from Network Associates a new product release, customer transition process, the establishment of a European partner, and launch of its e-commerce web site. PGP Corporation provides secure messaging and data storage products that allow corporations to ensure confidential customer and individual information remains secure.

    PGP Receives $14 Million in Venture Funding

    PGP Corporation was created in June 2002 by a management team comprised of technology industry veterans from Vantive, PeopleSoft, Symantec, and Counterpane Internet Security, Inc, and former PGP executives, developers, and patent holders. The new entity raised $14 million of venture funding from DCM - Doll Capital Management and Venrock Associates, two of the most highly respected venture capital firms. The amount raised is sufficient to purchase assets, upgrade existing products, develop new technology, and retain reserves sufficient to reach operating profitability without! additional funding.

    PGP Acquires Windows, Macintosh, Wireless Product Lines from Network Associates

    PGP Corporation announced the completion on July 26, 2002 of its acquisition of the PGP Desktop and Wireless encryption product lines from Network Associates, Inc. PGP will immediately license and support current versions of PGP products to current, lapsed, and new PGP customers. Assets acquired include:

    * PGP Mail, PGP File, PGP Disk, & PGP Admin software products for Windows and Macintosh
    * PGP Corporate Desktop for Macintosh
    * PGP Keyserver for Windows and Solaris
    * PGP Wireless for PalmOS and WinCE/PocketPC
    * PGP SDK encryption software development kit

    PGP Announces New PGP 8.0 Products

    PGP Corporation announced new PGP products for Windows and for Macintosh to ship in November 2002. PGP 8.0 is a new product and significant upgrade to current PGP offerings, including substantial new features on both platforms.

    * PGP 8.0 for Windows: PGP 8.0 for Windows: PGP Mail and PGP Disk. Adds full Windows XP support, server-side Lotus Notes plug-in, support for Novell GroupWise 5.5 and 6.0 clients, as well as supporting all current operatin!g systems and messaging clients, significantly enhanced Unicode internationalization support, and PGP Admin 8.0 automatic configuration of PGP Disk.

    * PGP 8.0 for Macintosh OS X: PGP Mail and PGP Disk. This new product brings full Mac OS X support to the PGP product line. An all-new version of PGP Disk allows compatibility with PGP disks created on Windows, AES algorithm support, and compatibility with older Mac OS 9 PGP disks. PGP Mail for Mac OS X directly integrates with Apple's mail application as well as providing support for Microsoft's Entourage.

    PGP Announces Customer Transition Information

    PGP Corporation announced the immediate transfer of all worldwide customer software license agreements from Network Associates to PGP Corporation. Detailed customer transition information is immediately available at www.pgp.com/transition.php. Current customers will also receive transition information by email from PGP Corporation within the next week.

    Promotional Pricing Program: PGP Corporation will immediately accept orders from customers who need to renew lapsed software licenses, purchase additional seats, and upgrade freeware to standard versions for commercial use. New and current customers can take advantage of the special promotional pricing offer through October 31, 2002. Contact PGP at or toll free at 866.747.5483 (866.PGP.LIVE) for more information.

    Support Transition Program: PGP Corporation announced the immediate transfer of customer maintenance and support contracts from Network! Associates to PGP Corporation. To ensure full and uninterrupted customer support, Network Associates will continue to support PGP products through a transition period lasting until October 26, 2002, at which time PGP Corporation will assume all support responsibilities. For the next three months customers will continue to receive support through their existing procedures. PGP is also offering new maintenance and support agreements; information on PGP programs and transition is available at support.

    International Customers: PGP Corporation announced a partner for Europe, Africa, and the Middle East for sales and support, Intellect, a leading value-added reseller and integrator based in the U.K. Intellect will provide sales and technical support, localization, and be a master distributor for PGP Corporation. PGP customers in Europe, Africa, or the Middle East can contact PGP Corporation at www.pgp.com or Intellect at www.intellect.co.uk. PGP is in the process of developing distribution for the rest of the world; such customers can contact PGP at international.

    PGP Announces E-Commerce Capabilities

    PGP Corporation announced the launch of its web site, including commerce capabilities, at www.pgp.com. This web site contains complete product, pricing, renewal, and customer transition information, as well as the ability to order, renew, increase, and bring into compliance software license, maintenance, and support agreements. Information on the PGP Corporation management team, venture capital investors, product direction, and corporate philosophy is also available.

    PGP Discusses Operating Principles

    PGP Corporation has based its operations on the principles of continuity, relationship, and innovation.

    * Continuity: a commitment to open source and non-commercial freeware, the highest levels of encryption, and the continued upgrade of current PGP products, including a new product shipment planned for Q4 this year.

    * Relationship: a commitment to forging lasting contacts with customers, to actively soliciting input on all aspects of the business, company direction and product evolution.

    * Innovation: a commitment to engineering !a new approach to secure messaging and data storage, in time developing an architecture to redefine enterprise security, simplifying user and IT deployment and making practical the universal protection of confidential information.

    "We are excited about solving the real corporate, customer, and individual need to protect confidential information, everywhere it resides," said Phil Dunkelberger, President and CEO of PGP Corporation. "We raised $14 million in this challenging economic climate from two top venture capital firms because they believe in the marketplace and in our ability to provide innovative solutions for our present and future customers. We are dedicated to making PGP products so simple they will be used everywhere."

    About PGP Corporation

    PGP Corporation, the recognized worldwide leader in secure messaging and data storage, builds products that allow corporations to ensure confidential customer and individual information remains secure. PGP Corporation combines a management team comprised of technology industry veterans and former PGP executives, developers, and patent holders with $14M of venture funding from DCM - Doll Capital Management and Venrock Associates, two highly respected venture capital firms.

    Over the last ten years, PGP technology has developed a global reputation for enabling open, trusted, and highly reliable security products. PGP has thousands of corporate/government users and millions of individual users worldwide, including many of the worl!d's largest and most security sensitive enterprises, government agencies, individuals, and cipher experts. Contact PGP Corporation at www.pgp.com or toll free at 866.747.5483 (866.PGP.LIVE).

    About DCM - Doll Capital Management

    DCM is a top-performing venture capital firm supporting entrepreneurs building early-stage technology companies. Since 1996, DCM's six partners, armed with over a century of operational and investing experience, have funded leading technology companies including About (Primedia), Foundry Networks (Nasdaq:FDRY), Internap (Nasdaq:INAP), IPivot (Intel), Recourse Technologies, Remedy (Peregrine Systems), UUNet (Worldcom) and Vernier Networks. DCM offers hands-on operational guidance and access to a!n extensive network of resources, including close relationships with many of the Pacific Rim's leading companies and investors. Visit them at www.dcmvc.com

    About Venrock Associates

    Venrock Associates was founded as the venture capital arm of the Rockefeller Family and continues a tradition of funding entrepreneurs that now spans over six decades. Laurance S. Rockefeller pioneered early stage venture financing in the 1930s. As one of most experienced venture firms in the United States, Venrock maintains a tradition of collaboration with talented entrepreneurs to establish successful, enduring companies. During its history Venrock has made over 300 investments in portfolio companies that have achieved an aggregate market capitalization of $1.2 trillion, combined annual revenues of $150 billion, and employees totaling over 773,000. The firm is currently investing a capital pool of approximately $800 million that includes Venrock Associates III, L.P., a fund that closed in July 2000. For more information, please visit the Web site at www.venrock.com.

    For more information, contact:

    PGP Corporation
    Name: Lori Curtis
    PR Agency: Jump Start Communications, LLC
    Phone: 970-887-0044
    Email: lori@jumpstartcom.com

    DCM - Doll Capital Management
    Name: Aeron Noe
    PR Agency: the blueshirt group
    Phone: 415-217-4964
    Email: aeron@blueshirtgroup.com
    Back to top
    Investors
    PGP Corporation Receives $14 Million Initial Funding from
    DCM - Doll Capital Management and Venrock Associates

    Palo Alto, Calif. (Aug 19, 2002) - PGP Corporation announced today that it has received $14 million in venture funding from DCM - Doll Capital Management and Venrock Associates, two leading venture capital firms. The funds will be used to establish and operate PGP Corporation as a new, independent company providing secure messaging and data storage products to corporations and individuals.

    As stated in a separate press release today, PGP Corporation has purchased the technology assets from Network Associates, additionally announcing that the company will upgrade existing product lines, develop ne!w technology, and retain reserves sufficient to reach operating profitability. PGP Corporation was created with a management team comprised of technology industry veterans from Vantive, PeopleSoft, Symantec, and Counterpane Internet Security, Inc, and former PGP executives, developers, and patent holders. PGP's secure messaging and data storage products (PGP Mail, PGP File, PGP Disk, PGP Wireless, PGP Admin & PGP Keyserver), in use by thousands of corporate/government users and millions of individual users worldwide, allow corporations to ensure confidential customer and corporate information remains secure.

    "PGP products are well known and highly respected by security experts in leading corporations around the world," said Phil Dunkelberger, President and CEO of PGP Corporation. "This level of funding is a tremendous vote of confidence from two of the premier venture capital firms that we can, through technical innovation, expand PGP into a product that is a corporate requirement for every desktop and wireless device."

    "The feedback we have received from corporate and government customers has provided us with the insights that a comprehensive next generation security product was needed to meet the growing demand for an easy-to-use encryption product that can be used by many people," said Rob Theis, DCM General Partner. "We began working on this project when Phil Dunkelberger joined our Entrepreneur-in-Residence program and are delighted that it has resulted in the creation of a company with the long range objective of offering a complete family of well integrated products, providing the foundation for the next generation in security encryption with proven products and an established brand."

    "PGP Corporation has outstanding market potential," said Terry Garnett, General Partner of Venrock Associates. "The entire security category is growing rapidly and customers have a great need for products that protect confidential information. Keeping data secure is a universal enterprise requirement."

    About PGP Corporation

    PGP Corporation, the recognized worldwide leader in secure messaging and data storage, builds products that allow corporations to ensure confidential customer and individual information remai!ns secure. PGP Corporation combines a management team comprised of technology industry veterans and former PGP executives, developers, and patent holders with $14M of venture funding from DCM - Doll Capital Management and Venrock Associates, two highly respected venture capital firms.

    Over the last ten years, PGP technology has developed a global reputation for enabling open, trusted, and highly reliable security products. PGP has thousands of corporate/government users and millions of individual users worldwide, including many of the world's largest and most security sensitive enterprises, government agencies, individuals, and cipher experts. Contact PGP Corporation at www.pgp.com or toll free at 866.747.5483 (866.PGP.LIVE).

    About DCM - Doll Capital Management

    DCM is a top-performing venture capital firm supporting entrepreneurs building early-stage technology companies. Since 1996, DCM's six partners, armed with over a century of operational and investing experience, have funded leading technology companies including About (Primedia), Foundry Networks (Nasdaq:FDRY), Internap (Nasdaq:INAP), IPivot (Intel), Recourse Technologies, Remedy (Peregrine Systems), UUNet (Worldcom) and Vernier Networks. DCM offers hands-on operational guidance and access to an extensive network of resources, including close relationships with many of the Pacific Rim's leading companies and investors. Visit them at www.dcmvc.com.

    About Venrock Associates

    Venrock Associates was founded as the venture capital arm of the Rockefeller Family and continues a tradition of funding entrepreneurs that now spans over six decades. Laurance S. Rockefeller pioneered early stage venture financing in the 1930s. As one of most experienced venture firms in the United States, Venrock maintains a tradition of collaboration with talented entrepreneurs to establish successful, enduring companies. During its history Venrock has made over 300 investments in portfolio companies that have achieved an aggregate market capitalization of $1.2 trilli!on, combined annual revenues of $150 billion, and employees totaling over 773,000. The firm is currently investing a capital pool of approximately $800 million that includes Venrock Associates III, L.P., a fund that closed in July 2000. For more information, please visit the Web site at www.venrock.com.

    For more information, contact:

    PGP Corporation
    Name: Lori Curtis
    PR Agency: Jump Start Communications, LLC
    Phone: 970-887-0044
    Email: lori@jumpstartcom.com

    DCM - Doll Capital Management
    Name: Aeron Noe
    PR Agency: the blueshirt group
    Phone: 415-217-4964
    Email: aeron@blueshirtgroup.com
    Back to top
    Assets Purchased

    PGP Corporation Announces Purchase of PGP Desktop and Wireless Assets
    from Network Associates

    Technology, Venture Funding, and Management team launch the new company

    Palo Alto, Calif. (Aug 19, 2002) - PGP Corporation, the recognized worldwide leader in secure messaging and data storage, today announced the completion of its acquisition of the PGP Desktop and Wireless encryption product lines from Network Associates, Inc. The PGP purchase -a buyback of a portion the assets PGP sold to Network Associates in December 1997, coincides with an investment of $14 million by DCM - Doll Capital Management and Venrock Associates, and the announcement of a senior management team comprised of technology industry veterans and former PGP executives, provides the foundation of the new company.

    PGP will immediately license and support current versions of PGP products to current, former, and new PGP customers. PGP products, in use today by thousands of corporate/government users and millions of individual users worldwide, are available today from the company at https://store.pgp.com/.

    "Reacquiring the PGP product line gives us an established, trusted product set, a well-respected code base, and a worldwide customer base," said Phil Dunkelberger, PGP Corporation President and CEO. "We look forward in the future to extending the product line and creating a next generation platform for secure messaging and data storage."

    Assets acquired include:

    * PGP Mail, PGP File, PGP Disk, & PGP Admin software products for Windows and Macintosh
    * PGP Corporate Desktop for Macintosh
    * PGP Keyserver for Windows and Solaris
    * PGP Wireless for PalmOS and WinCE/PocketPC
    * PGP SDK encryption software development kit

    Network Associates retained certain products that were developed using the PGP SDK encryption development software tools. Network Associates has been given a license to continue to maintain and update these PGP based products. Assets not acquired include:

    * McAfee E-Business Server (formerly called PGP E-Business Server or PGP Command Line)
    * McAfee Desktop Firewall for Win32 platforms
    * McAfee VPN Client for Win32 platforms

    About PGP Corporation

    PGP Corporation, the recognized worldwide leader in secure messaging and data storage, builds products that allow corporations to ensure confidential customer and individual information remains secure. PGP Corporation combines a management team comprised of technology industry veterans and former PGP executives, developers, and patent holders with $14M of venture funding from DCM - Doll Capital Management and Venrock Associates, two highly respected venture capital firms.

    Over the last ten years, PGP technology has developed a global reputation for enabling open, trusted, and highly reliable security products. PGP has thousands of corporate/government users and millions of individual users worldwide, including many of the world's largest and most security sensitive enterprises, government agencies, individuals, and cipher experts. Contact PGP Corporation at www.pgp.com or toll free at 866.747.5483 (866.PGP.LIVE).

    For more information, contact

    PGP Corporation
    Name: Lori Curtis
    PR Agency: Jump Start Communications, LLC
    Phone: 970-887-0044
    Email: lori@jumpstartcom.com
    Back to top
    Announcing PGP 8.0
    Newly Formed PGP Announces New Products for Windows and Macintosh

    Windows Support for XP, Notes, Novell; Macintosh version for OS X

    Palo Alto, Calif. (Aug 19, 2002) - PGP Corporation, the recognized worldwide leader in secure messaging and data storage, today announced major product line upgrades to their industry-leading PGP encryption product families. The products, PGP 8.0 for Windows and PGP 8.0 for Macintosh, will ship in November of 2002.

    PGP 8.0 is a new product and significant upgrade to current PGP offerings, including substantial new features on both platforms.

    * PGP 8.0 for Windows: PGP 8.0 for Windows: PGP Mail and PGP Disk. Adds full Windows XP support, server-side Lotus Notes plug-in, support for Novell GroupWise 5.5 and 6.0 clients, as well as supporting all current operating systems and messaging clients, significantly enhanced Unicode internationalization support, and PGP Admin 8.0 automatic configuration of PGP Disk.

    * PGP 8.0 for Macintosh OS X: PGP Mail and PGP Disk. This new product brings full Mac OS X support to the PGP product line. An all-new version of PGP Disk allows compatibility with PGP disks created on Windows, AES algorithm support, and compatibility with older Mac OS 9 PGP disks. PGP Mail for Mac OS X directly integrates with Apple's mail application as well as providing support for Microsoft's Entourage.

    New customers may purchase a license for PGP 8.0 for Windows immediately. Orders for the Macintosh version will be accepted in Q4 2002. Under the current purchase program, new customers will receive the 7.1.1 version now plus a full year license of PGP 8.0 when it ships.

    A limited time promotional program has been created to simplify this process. Existing customers may purchase a license and upgrade to PGP 8.0 for existing or new seats. The program is also available to new customers. Pricing is set from 20% to 40% off! of standard pricing. Details are available at www.pgp.com/promo.

    About PGP Corporation

    PGP Corporation, the recognized worldwide leader in secure messaging and data storage, builds products that allow corporations to ensure confidential customer and individual information remains secure. PGP Corporation combines a management team comprised of technology industry veterans and former PGP executives, developers, and patent holders with $14M of venture funding from Doll Capital Management and Venrock Associates, two highly respected venture capital firms.

    Over the last ten years, PGP technology has developed a global reputation for enabling open, trusted, and highly reliable security products. PGP has thousands of corporate/government users and millions of individual users worldwide, including many of the world's largest and most security sensitive enterprises, government agencies, individuals, and cipher experts. Contact PGP Corporation at www.pgp.com or toll free at 866.747.5483 (866.PGP.LIVE).

    For more information, contact:

    PGP Corporation
    Name: Lori Curtis
    PR Agency: Jump Start Communications, LLC
    Phone: 970-887-0044
    Email: lori@jumpstartcom.com
    Back to top
    Technical Advisory Board
    PGP Corporation Announces Formation of Technical Advisory Board

    Key experts to provide guidance and advice for newly formed company

    Palo Alto, Calif. (Aug 19, 2002) - PGP Corporation, the recognized worldwide leader in secure messaging and data storage announced today that it has formed a Technical Advisory Board to advise its executive and engineering teams on products, architecture, technology, integration, and customer requirements. The board will consist of 10 individuals who will provide expertise and guidance in the areas of security, encryption, networking, and future technologies.

    The first four members of the board were also announced. They are:

    * Carl Amdahl, Technology Partner, DCM--Doll Capital Management. Mr. Amdahl is a seasoned computer and networking industry executive who was a founder of three publicly traded companies: NetFRAME Systems, Trilogy Systems, Ltd., and Magnuson Systems, Inc. He is a Stanford Sloan Fellow and received a Master of Science in Management from Stanford University and a Bachelor of Science in Electrical Engineering and Computer Science from the University of California, Berkeley.

    * Dr. Crispin Cowan, Co-founder and Chief Scientist of WireX. Dr. Cowan conducts research focusing on making systems more secure without breaking compatibility or compromising performance. He has co-authored 34 refereed publications, including those describing the StackGuard compiler for defending against buffer overflow attacks. Dr. Cowan received a Ph.D. in Computer Science from the University of Western Ontario, a Master of Science in Mathematics, Computer Science, and a Bachelor of Mathematics, Co-op Honors, Computer Science from the University of Waterloo.

    * Bruce Schneier, Co-founder and Chief Technical Officer of Counterpane Internet Security, Inc. Mr. Schneier is an internationally renowned security technologist, cryptographer, and lecturer. He is the author of six books on network security, including "Secrets & Lies: Digital Security in a Networked World", and "Applied Cryptography", the seminal work in its field. He publishes a free email newsletter "Crypto-Gram" which has over 60,000 readers. Schneier has a Master of Science in Computer Science and a Bachelor of Science in Physics from the University of Rochester.

    * Phil Zimmermann, founder of the original PGP, Inc. Mr. Zimmerman is known for his extensive work in cryptography and data security, data communications, and real-time embedded systems. He is the recipient of numerous awards and was named into the CRN Industry Hall of Fame, named one of InfoWorld's Top 10 Innovators, and Time Magazine named Zimmermann !one of the "Net 50", the 50 most influential people on the Internet. He is a Fellow at Stanford Law School's Center for Internet and Society. Zimmermann received his Bachelor of Science in Computer Science from Florida Atlantic University.

    "We are extremely pleased to have such distinguished individuals with great technical prowess as well as business acumen willing to serve on our Technical Advisory Board," said Jon Callas, CTO and CSO of PGP Corporation. "We are committed to technical innovation and this board will provide both a catalyst to great ideas and an outside perspective to keep us on track."

    About PGP Corporation

    PGP Corporation, the recognized worldwide leader in secure messaging and data storage, builds products that allow corporations to ensure confidential customer and individual information remains secure. PGP Corporation combines a management team comprised of technology industry veterans and former PGP executives, developers, and patent holders with $14M of venture funding from DCM - Doll Capital Management and Venrock Associates, two highly respected venture capital firms.

    Over the last ten years, PGP technology has developed a global reputation for enabling open, trusted, and highly reliable security products. PGP has thousands of corporate/government users and millions of individual users worldwide, including many of the world's largest and most security sensitive enterprises, government agencies, individuals, and cipher experts. Contact PGP Corporation at www.pgp.com or toll free at 866.747.5483 (866.PGP.LIVE).

    For more information, contact

    PGP Corporation
    Name: Lori Curtis
    PR Agency: Jump Start Communications, LLC
    Phone: 970-887-0044
    Email: lori@jumpstartcom.com
  • I wonder how this will mesh with the earlier interview where he expressed a desire to open source PGP... It would be really cool if Zimmerman could be convinced to open the code and sell it.
    • I also wonder how this will mesh, especially since I notice that Mr. Zimmerman's name does NOT appear in either the list of managers, or the board of directors and investors. Does he even have anything at all to do with the new PGP?

  • Depressed Persian Towtruck Man (Score:3, Funny)

    by Bill Kendrick ( 19287 ) <bill@newbreedsoftware.com> on Monday August 19, 2002 @12:39PM (#4098325) Homepage
    For some reason, PGP Corp's slogan:

    Protecting Confidential Information,
    In Transit, In Storage, Everywhere, All the Time.

    just reminds me of the Depressed Persian Towtruck Man character from MadTV...

    "Allll-ways... Allll zuh time..." ;)

  • Now is the time. (Score:5, Insightful)

    by mesozoic ( 134277 ) on Monday August 19, 2002 @12:41PM (#4098341)
    I've always lamented PGP's de-evolution from a robust security tool to an antiquated piece of crap. Network Associates certainly has not spent due time in maintaining and improving PGP, and to their own loss. Now that businesses are paying serious attention to network security, it's the ideal market for a company like PGP Corporation.

  • The PGP standard has a specific social problem not specific to PGP brand products:

    How does a fellow who travels very little enter the worldwide PGP Web of Trust? Getting a key signed requires a tamper-proof channel not subject to obvious man-in-the-middle attacks, and the only such channel I know of is face-to-face contact. Because I do not travel much[1], I have a very hard time extending my part of the web of trust beyond my hometown.

    ----------

    [1] I can't own an automobile because my full-time college education [rose-hulman.edu] precludes me from having a job [mcdonalds.com] to pay for insurance [geico.com], and besides that, I'm not sure I'm even capable of learning to drive a car.

    • How does a fellow who travels very little enter the worldwide PGP Web of Trust? Getting a key signed requires a tamper-proof channel not subject to obvious man-in-the-middle attacks, and the only such channel I know of is face-to-face contact. Because I do not travel much[1], I have a very hard time extending my part of the web of trust beyond my hometown.


      No problem. Just head over to the Biglumber keysigning coordination service [biglumber.com], and look for people who live near you. You can also check a keyserver [mit.edu] for users who might even be right on your campus.

      Even if you can only get signatures from a few keys in your hometown, maybe those people travel more. Every new signature they get benefits you as well.
    • Hey, get in touch with someone on campus. I know someone at rose-hulman who could do a signing with me here in Minneapolis and then you would be 2 hops away from someone in the 'top 100' for connectivity within the strong set. It's really not too hard once you start finding the geeks. Email me if your really interested (dieman ATSPAMIGNORE ringworld.org)

    • Start by looking up people in your university

      http://pgp.zdv.uni-mainz.de:11371/pks/lookup?op=in dex&search=rose-hulman.edu [uni-mainz.de]

      Quite a few keys there then!
      Remember its a web of trust. You don't nessisarily have to travel, just as long as some people do.

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