BEDFORD, Mass., May 19 /PRNewswire-FirstCall/ -- RSA Security Inc.
(Nasdaq: RSAS) today announced that it has received a letter of inquiry
from the Securities and Exchange Commission requesting documents related to
the Company's stock option grants and stock option practices. The SEC staff
has noted that this letter should not be construed as an indication by the
Commission or its staff that any violation of law has occurred. The Company
intends to cooperate fully with the SEC in this matter.
RSA Security was one of a number of companies identified recently in a
third-party report regarding an analysis related to the timing and pricing
of stock option grants for the years 1997 to 2002. The report highlighted
options granted by the Company on three specific dates during the period of
October 1997 to November 2000.
About RSA Security Inc.
RSA Security Inc. is the expert in protecting online identities and
digital assets.
RSA and RSA Security are either registered trademarks or trademarks of RSA
Security Inc. in the United States and/or other countries. All other products
and services mentioned are either registered trademarks or trademarks of their
respective companies.
Investor Relations Media Relations
Jeremiah Sisitsky Matt Buckley
RSA Security Inc. RSA Security Inc.
(781) 515-6065 (781) 515-6212
jsisitsky@rsasecurity.com mbuckley@rsasecurity.com
SOURCE RSA Security Inc.
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Related links:
http://www.rsasecurity.com/
CONTACT:
Matt Buckley, Media Relations,
+1-781-515-6212, mbuckley@rsasecurity.com, or Jeremiah Sisitsky,
Investor Relations, +1-781-515-6065, jsisitsky@rsasecurity.com,
both of RSA Security, Inc.
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