Thanks to all of you for the answers.
@Valloric: I did ask Adobe and they gave us their o.k. for using the font, and we are allowed to use it and to embed in unencrypted.
@pilotbob: I didn't ask for the encryption because I wanted to encrypt the font, I asked whether I have to encrypt it (because it is demanded by the font creater/vendor, whatever). That's why I didn't care whether obfuscation is useless or not.
@Jellby: I don't know about partial embedding in EPUBs either, but I am allowed to embed the font completely
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