Utimaco regains Investcorp as anchor investor to support further expansion in information protection solutions

• Investcorp Technology Partners becomes Utimaco’s largest shareholder with approximately 25% stake
• Part of a long-term commitment in Utimaco´s strategy to become a major player in the information protection solutions market

Oberursel, Germany, February 1st, 2008 – Utimaco, the data security company, today announced that Invest-corp Technology Partners, a trans-Atlantic technology private equity investment group, has secured an approx. 25% shareholding in the company. The current market capitalisation of Utimaco values Investcorp Technology Partners’ stake at approximately €40 million. As its new major shareholder, Investcorp Technology Partners can strengthen Utimaco’s long-term growth plans to become a significant player in the fast growing market for information
protection solutions.

With this transaction, Investcorp Technology Partners becomes once again the largest shareholder in Utimaco, which, since the exit of Investcorp in September 2005, has had a free float of 100% on the basis of 14,745,449 shares issued. In September 2003, Investcorp Technology Partners became an anchor investor, enabling an acceleration of Utimaco´s growth strategy in the mobile data security market. The opportunity to exploit the
potential of Utimaco’s products in the fast growing information protection solutions space now fits once again with the investment strategy of Investcorp Technology Partners.

According to IDC, a leading industry analyst, the market for information protection solutions (data in motion, date at rest, data in use) will grow with a CAGR of 33.4% from $765 million in 2006 to $3.2 billion in 2011. Key drivers for this market are increasing risks for the exposure of corporate data and the growing number of regulatory requirements regarding data breaches. With its next generation solution suite, SafeGuard Enterprise, Utimaco offers a leading security platform that enables corporate customers to address their data protection issues with a comprehensive, long-term security strategy.

“We have monitored Utimaco´s track record over the past several years and continue to be impressed by Utimaco´s expertise in developing innovative IT security solutions. Our aim is to support Utimaco in order to accelerate its growth by strengthening Utimaco´s presence in the international markets and, on a selective basis, explore potential acquisition opportunities”, said Hazem Ben-Gacem, managing director of Investcorp Technol-ogy Partners. “Investcorp is very familiar with our business and our market. Their renewed commitment confirms our strategy, the strength of our portfolio and the potential of our market. We are delighted to have Investcorp as a strong financial investor to support our growth strategy as an independent vendor for leading data protection solutions”, said Martin Wülfert, CEO of Utimaco Safeware AG.

Utimaco Safeware AG – The Data Security Company.
Utimaco is a leading global provider of data security solutions, enabling mid- to large-size organizations to safeguard their data assets against intentional or accidental data loss, and to comply with privacy laws. Utimaco’s complete range of data security solutions provide full 360 degree data protection for data at rest, data in motion and data in use. Utimaco offers its customers comprehensive on-site support via a world-wide network of certified partners and subsidiaries. Utimaco
Safeware AG, with headquarters in Oberursel, near Frankfurt, Germany, is listed on the Frankfurt Stock Exchange (ISIN DE0007572406). For more information please visit www.utimaco.com.

About Investcorp Technology Partners
Investcorp Technology Partners is a leading private equity investor in small and medium-sized technology businesses in North America and Europe. The team focuses on growth buyout, corporate carveout and public situation transactions. Some of the group's recent European investments include the €90 million buyout of Conduit Limited, Ireland's largest independent directory assistance business, and the €105 million buyout of Moneybookers Limited, one of Europe’s fastest growing and most profitable online payment systems.

Investcorp Technology Partners is part of Investcorp, a leading provider and manager of alternative investment products. It has investment offices in New York and London. Founded in 1982, Investcorp has grown to become one of the largest and most diverse alternative investment managers in terms of both product offerings and geography. It currently has over $13 billion in invested assets under management. Further information is available at www.investcorp.com.

Further Information:
Utimaco Safeware AG
Hohemarkstr. 22
61440 Oberursel
www.utimaco.com
Jutta Stolp, CIRO
Investor Relations
Tel.: +49 (61 71) 88 - 11 17
jutta.stolp@utimaco.de