Vector Capital Extends Tender Offer for SafeNet to April 11, 2007

  
    
  
  
    
      Stealth Acquisition Corp., a subsidiary of Vector Capital, announced 
      today that it has extended its previously announced cash tender offer 
      for all of the outstanding shares of common stock of SafeNet, Inc. 
      (NASDAQ: SFNT) until 8:00 p.m. EDT on Wednesday, April 11, 2007.
    
    
      Based on preliminary information provided by Computershare, the 
      Depositary for the tender offer, as of 12:00 Midnight, New York City 
      time, on Friday, April 6, 2007, approximately 15,342,168 shares have 
      been validly tendered and not properly withdrawn from the tender offer, 
      and notices of guaranteed delivery with respect to an additional 
      1,368,316 shares have been submitted. The shares tendered, together with 
      the shares subject to the notices of guaranteed delivery, represent in 
      the aggregate approximately 78% of the outstanding shares.
    
    
      Stealth Acquisition Corp. is extending the tender offer to allow the 
      shares submitted through the guaranteed delivery procedures to be 
      delivered and to allow additional shares to be tendered. The offer price 
      and all other terms and conditions of the tender offer remain the same, 
      as set forth in the tender offer materials disseminated by Stealth 
      Acquisition Corp., including the condition that there be validly 
      tendered and not withdrawn approximately 78% of the outstanding shares 
      of SafeNet common stock.
    
    
      Shareholders who require assistance tendering their shares should 
      immediately contact Innisfree M&A Incorporated, the Information Agent 
      for the tender offer, at [phone] or MacKenzie Partners at (800) 
      322-2885.
    
    
      This document is for informational purposes only and is not an offer to 
      buy or the solicitation of an offer to sell any securities. The 
      solicitation and the offer to buy shares of SafeNet's common stock are 
      only being made pursuant to an offer to purchase and related materials 
      that Stealth Acquisition Corp. has filed with the Securities and 
      Exchange Commission. SafeNet stockholders should read these materials 
      carefully prior to making any decisions with respect to the offer 
      because they contain important information, including the terms and 
      conditions of the offer. SafeNet stockholders may obtain the offer to 
      purchase and related materials with respect to the offer free of charge 
      at the SEC's website at www.sec.gov, 
      from the information agent named in the tender offer materials or from 
      Stealth Acquisition Corp.