Industry Leaders Infineon Technologies and PGP Corporation Announce Collaboration to Increase and Enhance Security Options

Neubiberg, Germany and Palo Alto, CA – April 22, 2008 – Infineon Technologies AG (FSE/NYSE: IFX), a leading provider of security semiconductors and enterprise security software, and PGP Corporation, a global leader in enterprise data protection, today announced that they have begun collaboration across a range of technical and business areas. The two companies will initially provide a combined solution to allow Trusted Platform Module provisioning and management in conjunction with PGP® Whole Disk Encryption.

The PGP® Encryption Platform and Infineon’s recently-announced Trusted Computing Management Server (TCMS) software are complementary robust and mature security solutions. The combined solution will enable enterprises to comprehensively manage their data protection systems with Trusted Platform Modules (TPMs). TPMs are security microcontrollers present in most enterprise-class PCs deployed today. Until the advent of TCMS, these TPMs could not be used effectively due to lack of centralized manageability.

PGP Whole Disk Encryption, one of the applications of the PGP Encryption Platform, utilizes a PC’s integrated TPM chip to add a second authentication factor to a basic passphrase. Enterprise customers can now leverage the TCMS infrastructure to centrally provision, manage, and back up TPM-based keys as a first step to a comprehensive deployment of desktop encryption. Together, Infineon’s and PGP Corporation’s products meet the most critical enterprise requirements of recovery, logging, provisioning, and policy management.

Infineon is a leader in TPM integrated circuits worldwide and has the largest installed base of TPMs currently deployed. In addition, the Infineon Professional Package, which provides the operating system-specific software components to support TPMs, is pre-installed by numerous top-tier PC manufacturers throughout the world. Infineon’s TPM Professional Package V3.5 is TPM-vendor-neutral, a core capability of the product. Infineon will supply client software for Intel’s version 1.2 TPMs. “PGP Corporation is one of the strongest brands in the enterprise data protection market, and we are very pleased to be working together with PGP Corporation on future projects,” said Paolo Cocchiglia, Vice President, ASIC Design and Security (ADS) business unit of Infineon Technologies North America.

The unique PGP Encryption Platform is the cornerstone of PGP product offerings. The PGP Encryption Platform provides a single, leveraged, extensible architecture that reduces IT operational costs and eliminates the duplicative tasks, systems, training, and support issues that plague other approaches. Unlike point solutions that address a single threat or cobbled-together product suites that lack integration, the PGP Encryption Platform delivers an integrated encryption framework across the broadest range of encryption applications.

“We are excited to be working with Infineon, a leading TPM hardware and software vendor, to meet the challenges of managing keys and security policies across the ever-increasing breadth of security solutions being deployed,” said Phil Dunkelberger, President and CEO of PGP Corporation. “ Besides offering our joint customers a unique and powerful security solution, this announcement validates the PGP Encryption Platform strategy by demonstrating its extensibility across a broad range of data protection technologies.”

About PGP Corporation

PGP Corporation is a global leader in email and data encryption software for enterprise data protection. Based on a unified key management and policy infrastructure, the PGP® Encryption Platform offers the broadest set of integrated applications for enterprise data security. PGP® platform-enabled applications allow organizations to meet current needs and expand as security requirements evolve for email, laptops, desktops, instant messaging, smartphones, network storage, file transfers, automated processes, and backups.

PGP® solutions are used by more than 80,000 enterprises, businesses, and governments worldwide, including 95 percent of the Fortune® 100, 75 percent of the Fortune® Global 100, 87 percent of the German DAX index, and 51 percent of the U.K. FTSE 100 Index. As a result, PGP Corporation has earned a global reputation for innovative, standards-based, and trusted solutions. PGP solutions help protect confidential information, secure customer data, achieve regulatory and audit compliance, and safeguard companies' brands and reputations.

Contact PGP Corporation at www.pgp.com

Infineon Technologies AG, Neubiberg, Germany, offers semiconductor and system solutions addressing three central challenges to modern society: energy efficiency, communications, and security. In the 2007 fiscal year (ending September), the company reported sales of Euro 7.7 billion (including Qimonda sales of Euro 3.6 billion) with approximately 43,000 employees worldwide (including approximately 13,500 Qimonda employees). With a global presence, Infineon operates through its subsidiaries in the U.S. from Milpitas, CA, in the Asia-Pacific region from Singapore, and in Japan from Tokyo. Infineon is listed on the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX).