2002

Contacts:

Mike Yaffe NTRU Cryptosystems, Inc. (781) 418-2525 myaffe@ntru.com

Heather Baker or Alicia Allen Schwartz Communications (781) 684-0770 ntru@schwartz-pr.com

NTRU Named as One of Fast Company Magazine's Fast 50 Champions of Innovation

Security Provider Recognized for Development of Powerful, Small and Fast Encryption Technology

Burlington, Mass. - February 11, 2002 - Jeffrey Hoffstein, Joseph Silverman, Jill Pipher and Daniel Lieman, founders of NTRU, the only provider of strong security that fits everywhere, have been named to Fast Company magazine's debut list of "Fast 50" innovators - individuals whose achievements helped change their companies or society. The Fast 50 will appear in the March issue of Fast Company, the nation's leading magazine for management innovators, hitting newsstands on February 19. The list includes 50 exceptional achievers selected from online submissions by Fast Company readers. Profiles of the Fast 50, as well as all reader submissions, may be accessed online at the special Fast 50 Website at www.fastcompany.com/fast50.

The founders of NTRU were chosen within the Fast 50 "Disrupters" category, for developing an algorithm that is the first fundamental innovation in cryptography in 20 years. NTRU technology delivers strong, scalable, easy to use security to a broad range of consumer and enterprise markets, including wireless networking, wireless data services, media protection and radio frequency identification (RFID) applications. Prior to the introduction of NTRU, it was infeasible or cost-prohibitive to deploy strong security in these markets due to the power, size, and cost constraints of the devices. NTRU technology eliminates the historic price, performance and usability tradeoffs associated with strong security.

"NTRU is honored to be recognized as an innovator in security technology," said Scott Crenshaw, CEO of NTRU. "Our encryption technology is the first to overcome the power and size constraints of wireless and RFID devices to cost-effectively secure next-generation communications. NTRU is disruptive technology, changing decades-old assumptions about what is possible in security. As a result, we are significantly expanding the market opportunities for our customers."

With NTRU, corporations and consumers alike can now have the strongest encryption, decryption and authentication capabilities in every device, regardless of power constraints or cost. NTRU security operates up to 2,000 times faster than its nearest competitor and in a footprint 1/50th the size. Moreover, NTRU security is highly scalable, enabling servers to support tens of millions of simultaneous users.

"The Fast 50 had the vision to see ways of improving our world - and the persistence to accomplish their goals," said Fast Company co-founder and co-editor William Taylor. "At a time when our nation is rediscovering what it means to be a hero, the Fast 50 recognizes 50 individuals who are each courageous in their own way."

The Fast 50 includes executives, activists, marketers, designers, scientists, engineers and other leaders from a variety of backgrounds. Some are solo entrepreneurs and researchers. Others come from wide range of organizations - from large corporations to non-profit groups. Individuals in the Fast 50 are divided into the following categories:

• Leaders - "senior executives who create value through the power of ideas, the intensity of their commitment, and the authenticity of their character"
• Change Agents - "activists determined to change the status quo and make a positive impact"
• Disrupters - "scientists and engineers who alter our sense of what's possible"
• Trendsetters - "creative thinkers whose sense of style and persuasion change what our world looks like and how our products perform"
• Social Entrepreneurs - "dedicated innovators determined to tackle society's deepest challenges by embracing new ideas from the world of business"

The Fast 50 were selected by a distinguished panel consisting of astronaut Sally Ride, management guru Tom Peters, noted futurist Watts Wacker, Kevin Roberts, CEO, Saatchi & Saatchi, and Zoe Baird, President, Markle Foundation.

Founded in 1996 and published monthly, Boston-based Fast Company ( www.fastcompany.com ) covers ideas, trends and individuals devoted to managing change in today's economy. The magazine was acquired in 2000 by G+J USA, one of America's largest magazine publishers. Fast Company is part of the company's newly-formed Business Innovator Group. G + J USA also publishes Inc, Child, Family Circle, Fitness, Parents, Rosie, and YM. The company is 25.1% owned by the Jahr Group and 74.9% owned by Bertelsmann AG, the largest privately held and the fifth largest media company in the world with yearly revenues at $16 billion.

About NTRU

NTRU is the only provider of strong security that fits everywhere. Based on the most fundamental innovation in cryptography in more than 20 years, NTRU eliminates historic price, performance and usability tradeoffs in security. NTRU delivers strong, fast security that operates with minimal power consumption and fits into a tiny footprint making it easy for customers to build devices that people trust. NTRU security is gaining widespread adoption in the radio frequency identification (RFID), mobile communications, multimedia and embedded markets. Headquartered in Burlington, Mass., NTRU is backed by Texas Instruments, Sony Corporation, Macrovision, Lehman Brothers Venture Capital, Investor AB, Granite Ventures, Greylock and 3i. For more information, visit www.ntru.com.

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