NORWOOD, Mass. and SAN MATEO, Calif. -- NYLIM Retirement Plan Services, a division of New York Life Investment Management LLC (NYLIM), and Secure Data in Motion, dba Sigaba, today announced a new partnership that will provide an unparalleled level of email security to NYLIM's retirement plan sponsor clients and their participants. NYLIM Retirement Plan Services is among the first in its industry to adopt such significant security measures.

Using Sigaba software solutions, all subscription emails offered through Benefits Complete(R), NYLIM's proprietary retirement plan platform, will be secured and authenticated automatically to ensure the privacy of these documents. The technology will allow complete confidentiality of retirement plan information to plan participants receiving such NYLIM Retirement Plan Services subscription emails.

In 1999, NYLIM Retirement Plan Services began offering subscription emails that displayed pension and 401(k) account balance information as well as transaction activity. Since the introduction of this service, NYLIM has sent approximately two million subscription emails to participants in the more than 1,500 retirement plans that NYLIM administers.

"Through NYLIM's partnership with Sigaba, our retirement clients and plan participants will be assured of confidentiality while benefiting from the latest technology available," said Tod Bryant, director of information systems at NYLIM Retirement Plan Services.

"NYLIM Retirement Plan Services recognizes the need to protect customers' private information, and they are leading the way in their industry," said Tanya Candia, senior vice president of marketing, Sigaba. "Using Sigaba secure messaging solutions, NYLIM Retirement Plan Services is securing their electronic correspondence transparently and easily."

In November, NYLIM Retirement Plan Services was named a "best in class" provider in 16 mid-market retirement categories, including participant and plan sponsor Internet services, and also in 11 small-market categories, including participant Internet services, according to PLANSPONSOR Magazine's 2003 DC Survey. The company has continued to receive top ratings in this survey over the past six years.(a)

About Sigaba

Secure Data in Motion Inc., dba Sigaba, is the leading provider of secure message management solutions, including e-mail, instant messaging and document delivery, for the enterprise market. Headquartered in San Mateo, California, the company was recently named by SC Magazine and CIO Magazine as the "Company to Watch." Sigaba Secure E-mail, Sigaba Secure Statements and Sigaba Secure Instant Messaging are the most flexible, easy-to-use solutions for securing all corporate, financial services, healthcare and government communications over the Internet and wireless networks. The company's Liberty-enabled and SAM L-compliant standards-based solutions support next generation messaging; secure messages can be sent to virtually anyone, anywhere, without requiring users to download special software. Sigaba takes its name from the SIGABA encryption machine, used by the U.S. during and after World War II. It was the only device of its kind that was never compromised by the enemy. Additional information about Sigaba can be found at http://www.sigaba.com or by calling 1-800-475-8226.

About NYLIM Retirement Plan Services

NYLIM Retirement Plan Services oversees more than 1,500 comprehensive defined contribution, defined benefit and deferred compensation plans as of October 31, 2003. With offices in Norwood, Massachusetts, and Parsippany, New Jersey, NYLIM Retirement Plan Services administers retirement programs for small, medium and large companies, unions, and individuals throughout the United States, and is widely recognized for its leadership in bundled defined contribution and bundled defined benefit plans.

With more than $175 billion in assets under management as of October 31, 2003, New York Life Investment Management and its affiliates provide investment management and related services to a wide range of individual, corporate, public, and Taft-Hartley clients. NYLIM offers institutional asset management, retail investments, retirement plan services, guaranteed products, real estate investments, and alternative investments. For more information, visit NYLIM's website at www.nylim.com .

(a) Source: PLANSPONSOR, DC Survey, 1998-2003.

Sigaba is a registered trademark of Secure Data in Motion, Inc. Sigaba Secure Email, Sigaba Gateway, and Sigaba Secure Statements are trademarks of Secure Data in Motion, Inc., doing business as Sigaba. All other product names and trademarks are the property of their owner.

SSL Media Relations Sarah Lazarus, 978-369-4478 sarahlaz@worldnet.att.net or Sigaba Paula Dunne, 408-776-1400 M: 408-893-8750 pdunne@sigaba.com