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To: Glenn who wrote (7208)	10/31/1998 7:23:00 AM
From: Glenn McDougall	Respond to of 18016

Cipher Doubles Office Space in Office Move; Rapidly Expanding U.S. Presence Moves into New Office BusinessWire Friday, October 30, 1998 8:50AM WOBURN, MASS. (BUSINESS WIRE) Oct. 30, 1998 via NewsEdge Corporation - nCipher, Inc., a world leader in secure electronic commerce solutions, today announced that the company has moved its East Coast office to a larger facility in Woburn, Mass. The new facility will increase the rapidly-growing security company's space by 100%. The demand for nCipher's nFast cryptographic accelerator product line from on-line merchants, brokers and retailers has fueled the company's growth. nCipher's new office space will help the company expand their U.S. market presence, as well as take a more active role in the development of global electronic commerce. "The market for our products continues to grow in the United States," said Steve Cohn, U.S. president of nCipher. "Our brokerage, banking and on-line retailing customers gain dramatic increases in server performance and huge cost savings with government-certified nFast cryptographic accelerators. Our expansion into new office space reflects our rapid growth and success." nFast accelerators help companies remove server bottlenecks caused by high Internet traffic and spikes in demand. Companies also benefit by being able to reduce the number of servers needed to process secure transactions. Network managers are able to enhance their existing investment in servers and technology while increasing server performance. On-line consumers and investors experience fast service without virtual lines even during periods of high demand. And with key management and certificate authority functionality, in addition to FIPS 140-1, Levels 2 and 3 security certification, companies offering these services will benefit from nFast's industry-leading technology. 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 and nFast PCI 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.