CERTICOM OPENS DESIGN CENTER IN THE HEART OF SILICON VALLEY TO DEVELOP NEXT-GENERATION CRYPTO TECHNOLOGY

World Class Cryptographers and Chip Designers Team up at Scotts Valley Design Center to Develop Hardware-based Cryptographic Technologies

MISSISSAUGA, Ontario - (October 22, 2007) Certicom Corp. (TSX: CIC) today announced the opening of its Scotts Valley Design Center, a new facility dedicated to the secure development of hardware-based cryptographic technologies. Located in the heart of Silicon Valley among leading chip manufacturers, this design center serves as the focal point in Certicom's strategy to deliver the highest-level of hardware cryptographic security for communications conducted by corporations, government organizations and individuals worldwide.

Certicom is known for its innovation in the field of Elliptic Curve Cryptography (ECC) and the company's Intellectual Property (IP) portfolio, which includes more than 400 patents and patents pending worldwide, covers many key aspects of ECC, including software optimizations, efficient hardware implementations, methods to enhance the security and various cryptographic protocols. Certicom's security offerings enable developers to easily address the requirements of markets such as government communications, smart devices, service providers and enterprise software.

“The Scotts Valley Design Center is a state-of-the-art security software and hardware design facility that houses Silicon Valley's most experienced PhD cryptographers and chip designers under one roof - a rarity in chip development today,” said Dan O'Loughlin, director of hardware technology at Certicom. “The opening of this facility reinforces our commitment to developing best-in-class hardware security technologies and addressing the most pressing security issues of our customers. Certicom's current hardware customers range from Silicon Valley startups to Fortune 100 global companies.”

At the new design center, Certicom engineers will address the emerging security needs for a variety of traditional markets including government, military, enterprise, networking and mobility. It will also address new markets including secure RFID technologies (contactless smart cards, wireless utility networks), industrial/sensor networks (automated factory networks, chemical plant process controls, SCADA systems), PIV (FIPS-201 and ePassport) and contactless payment and public transportation (electronic fare cards).

The new Certicom Scotts Valley Design Center is located at 3600 Glen Canyon Road, Scotts Valley, CA, roughly 30 miles south of San Jose. Pictures of the center are available upon request.

ABOUT CERTICOM

Certicom protects the value of content, applications and devices with government-approved security. Adopted by the National Security Agency (NSA) for government communications, Elliptic Curve Cryptography (ECC) provides the most security per bit of any known public-key scheme. As the global leader in ECC, Certicom security offerings are currently licensed to more than 300 customers including General Dynamics, Motorola, Oracle, Research In Motion and Unisys. Founded in 1985, Certicom's corporate offices are in Mississauga, Ontario, Canada with worldwide sales and marketing headquarters in Reston, Virginia and offices in the U.S., Canada, Europe and China. Visit www.certicom.com.

For further information, please contact:

For Certicom:
John Conrad
Merritt Group Inc.
703-390-1538
conrad@merrittgrp.com

Certicom, Certicom ECC Core, Certicom Security Architecture, Certicom Trust Infrastructure, Certicom CodeSign, Certicom KeyInject, Security Builder, Security Builder API, Security Builder BSP, Security Builder Crypto, Security Builder ETS, Security Builder GSE, Security Builder IPSec, Security Builder MCE, Security Builder NSE, Security Builder PKI and Security Builder SSL are trademarks or registered trademarks of Certicom Corp. All other companies and products listed herein are trademarks or registered trademarks of their respective holders. Information subject to change.

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Factors which could cause actual results or events to differ materially from current expectations include, among other things: the ability of the Company to successfully implement its strategic initiatives and whether such strategic initiatives will yield the expected benefits; the ability of the Company to develop, promote and protect its proprietary technology security breaches or defects in the Company's products; competitive conditions in the businesses in which the Company participates; changes in consumer spending; the outcome of legal proceedings as they arise; general economic conditions and normal business uncertainty; consolidation in the Company's industry and by its customers; customer preferences towards product offerings; the risk that customers may cancel their contracts with the Company; reliance on a limited number of customers; demand for ECC-based technology; performance of the Company's management team and the Company's ability to attract and retain skilled employees; operating the Company's business profitably; fluctuations in revenue and foreign currency exchange rates; interest rate fluctuations and other changes in borrowing costs; the ability to develop and maintain strategic relationships; and other factors identified under the heading "Risk Factors in the Company's annual information" form dated July 26, 2006 and filed on SEDAR at www.sedar.com.