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To: Glenn McDougall who wrote (6899)	10/7/1998 4:10:00 PM
From: Glenn McDougall	Respond to of 18016

nCipher Appoints North American Channel Sales Manager NEW YORK (Oct. 7) BUSINESS WIRE -Oct. 7, 1998-- Christopher Foran to Develop New Sales Outlets for Industry's Top Cryptographic Accelerator Products nCipher, Inc., a global leader in secure electronic commerce solutions, today named Christopher Foran as U.S. Channel Sales Manager. Mr. Foran was formerly North American Sales Manager at Omtool, Ltd., of Salem, NH, a leader in enterprise network fax software for Windows NT. "With a seasoned professional like Chris Foran directing our North American channel initiative, nCipher is poised to build broader exposure to the company's ever-expanding U.S. presence," said Dr. Stephen Cohn, president of U.S. operations for nCipher. "nCipher's nFast cryptographic accelerators are widely recognized as the standard for speeding cryptographic key processing. With more than 200 customers operating in both the U.S. market and abroad, millions of Internet users have already benefited from nFast acceleration." "nCipher is leading the charge for fast and secure electronic commerce. With the company embarking upon a new channel reseller program, its nFast line of accelerators is positioned to become an enormous success," said Mr. Foran. "My goal is to pinpoint resellers who can benefit from this technology. With hundreds of companies moving online and into secure electronic commerce, technologies that are proven to have a strong ROI and benefit both security and customer service are in strong demand. nCipher's resellers will find a tremendous opportunity in this rapidly-growing market." As North American Sales Manager at Omtool, Mr. Foran increased indirect sales more than 45% and developed key alliance programs with firms that included Microsoft, Brooktrout Technology and Dialogic Corporation. Prior to that, Mr. Foran served as Eastern Regional Sales Manager at Omtool. Before joining Omtool, Mr. Foran served as an account manager for Data Translation, Inc., a maker of digital signal processing hardware and software. Mr. Foran earned his B.S. in Business Administration from Northeastern University. In a related announcement today, nCipher also announced its nCAPP (nCipher Channel Access Partner) Program. The nCAPP Program offers Value Added Resellers (VARs), Distributors and Systems Integrators the training, support and tools needed to deploy nCipher's industry-leading nFast security solutions in serious electronic commerce and Internet security solutions. Mr. Foran will direct this program. About nCipher nCipher develops products that simplify the use of cryptography in Internet security and electronic commerce applications. Its nFast solution line was named a Hot Product for 1998 by Data Communications magazine and recently highlighted in ComputerLetter. nFast is the proven fastest accelerator available and the only accelerator and key management solution available to customers in North and South America, Europe and Asia. The company was founded in 1996 by Alex and Dr. Nicko van Someren. The van Someren brothers were included in the 1998 London Sunday Times "Who Will Be Who in the Millennium" report, which recognized them as movers, shakers and trend setters for the next century. The company has offices outside Boston, Massachusetts; San Mateo, California and in Cambridge, England. nCipher's corporate investors include Security Dynamics Technologies, Inc. (NASDAQ:SDTI) and Canadian networking giant Newbridge Networks Corporation (NYSE: NN). nCipher has partnerships with leading computer security and electronic commerce companies, including RSA Data Security, Inc., Netscape and C2Net. More details on nCipher and its products are available at ncipher.com, or by sending electronic mail to: ussales@ncipher.com. nCipher, nFast, nFast/KM, nFast/CA, nFast PCI and nCAPP are trademarks or registered trademarks of nCipher, Inc. in the United States and certain other countries. All other trademarks and registered trademarks are the property of their respective owners.