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Helsinki, Finland - October 14, 2003

SSH sells its OEM business to SafeNet

SSH Communications Security Corp (HEX: SSH1V) and SafeNet, Inc.
(Nasdaq: SFNT), have signed an agreement concerning the sale of assets
of SSH's OEM Products group and VPN hardware businesses ("OEM
Business") to SafeNet.

The purchase price of the OEM Business is about USD 14 million and the
whole amount will be paid in cash. The exact cash amount to be paid
will be finalized according to standard closing procedures when the
transaction is closed. The transaction is subject to the satisfaction
of the customary closing conditions, and is expected to be completed
by mid November 2003. At that time, SSH's OEM Business and
approximately 25 SSH's employees will transfer to SafeNet. The
employees will join SafeNet retaining their existing employee status.
Out of these employees about 20 are located in Finland and the rest of
them in the USA and Asia.

During the first half of 2003 the net sales of the OEM Business were
EUR 3.3 million (42.6 percent) of SSH's net sales and the business has
been profitable. Therefore this transaction will also effect SSH's
guidance concerning the net sales and profit estimates for the year
2003. SSH's previous guidance has been that if SSH succeeds well in
improving its sales and achieving the targeted EUR 18 million net
sales, it is still well positioned to show a profit on the latter half
of the year.

The purchase price paid by SafeNet will increase SSH's profit in 2003.
As a result SSH's profit for the whole year 2003 will be positive. Due
to this transaction SSH's net sales for 2003 are expected to be less
that EUR 18 million. SSH will provide more information concerning the
effect of this transaction to its net sales and profit for 2003 in its
next Interim Report on October 22, 2003.

The OEM Products group includes Toolkits and SSH Sentinel(TM) VPN
Client product. Toolkits enable hardware and software manufacturers to
incorporate key data security features into their own end products.
SSH Sentinel VPN Client provides secure remote access connections and
enables OEM customers to extend the uses of their own network
equipment. The purpose of SSH's OEM products is to save customer's
development costs and to help them get to market more quickly.

This transaction is the next step in SSH's focusing strategy announced
in autumn 2002. By concentrating on its core enterprise business and
the fulfilling the needs of its main customer groups i.e. large
corporations, financial institutions, and government agencies, SSH is
determined to allocate its resources more effectively and to improve
its opportunities for future growth and profitability. The aim is to
strengthen SSH's leading position as a provider of managed security
middleware.

This transaction strengthens SafeNet's position as a leading provider
of Internet security technology that is the de facto standard in the
VPN industry. SSH's products form a natural and important extension to
SafeNet's crypto chips and other OEM products that they are licensing
to the world's leading hardware and software manufacturers, speeding
integration and reducing time-to-market for SafeNet customers.

A briefing on this transactions for analysts and the media will be
presented at the auditorium on the 1st floor of the SSH head office at
Fredrikinkatu 42, Helsinki, Finland, today, Tuesday, October 14, 2003,
starting at 2:00 p.m. Access from the corner of Fredrikinkatu and
Malminkatu.


Helsinki, October 14, 2003

SSH COMMUNICATIONS SECURITY CORP

Board of Directors

Arto Vainio
CEO




About SSH

SSH is a world-leading supplier of managed security middleware to
enable cost-effective end-to-end security for critical business
applications across the enterprise environment. Customers include
major financial institutions, large enterprises, and government
agencies.

Our products are designed to provide easy end-to-end security without
the need to re-engineer the underlying IT infrastructure or the actual
business applications. This enables the adaptation of more efficient
business processes and reduction of costs while enhancing the security
of internal and external corporate networks and remote users.

In 2002 SSH reported consolidated net sales of EUR 16.8 million and
had 147 employees at year-end. In addition to Finland, we have offices
in the USA, Japan, Germany, the UK, Sweden, South Korea and Taiwan.

SSH is traded publicly on the Helsinki Exchanges under HEX:SSH1V. For
more information, please visit www.ssh.com.

About SafeNet, Inc.

SafeNet, Inc. (NASDAQ: SFNT), a leading provider of private and public
network security solutions, has set the industry standard for VPN
technology and secure business communications and offers the only
encryption platform for both WAN and VPN networks. With more than 20
years experience in developing, deploying, and managing network
security systems for the most security-conscious government, financial
institutions, and large enterprise organizations around the world,
SafeNet's proven technology has emerged as the de facto industry
standard for VPNs. SafeNet is the single-source vendor for WAN and VPN
security solutions teamed with an easy and low-cost migration path to
a broad range of VPN products. SafeNet security solutions, based on
SecureIP Technology(TM), and part of the CGX Security Platform, have
become the products of choice for leading Internet infrastructure
manufacturers, service providers, and security vendors. Securing the
infrastructure of today's e-business communications as well as leading
the way in government Homeland and classified data security, SafeNet
has opened new markets for interoperable, secure, and deployable VPN
communications. Commercial customers include Texas Instruments,
Microsoft, Samsung, Centillium Communications, ARM, and Cisco Systems.
Government, financial, and large enterprise customers include Federal
Bureau of Investigation, U.S. Postal Service, U.S. Department of
Defense, U.S. Internal Revenue Service, Social Security
Administration, American Express, Bank of America, Eastman Kodak,
Hewlett-Packard, and Motorola. For more information, visit
http://www.safenet-inc.com/.





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For more information:
Arto Vainio
CEO
tel. +358 20 500 7400

Johanna Lamminen
CFO
tel. +358 20 500 7419

Kare Laukkanen
Director, Investor Relations
tel. +358 20 500 7433

� 2003 SSH Communications Security Corp. All rights reserved. ssh� is a registered trademark of SSH Communications Security Corp in the United States and in certain other jurisdictions. All other names and marks are property of their respective owners.