ADVISORY/NTRU to Sponsor Smart Labels USA 2002 Conference; Jon Karlen of NTRU to Speak About Securing RFID Devices and Contactless Applications.Business/Technology Editors ADVISORY...for Friday (March 22) Smart Labels USA 2002 BURLINGTON, Mass.--(BUSINESS WIRE)--March 12, 2002 Presentation on How Small, Strong, Efficient Security is Vital to the Market Growth of Multi-function RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. Technology NTRU NTRU Native Title Research Unit (AIATSIS) NTRU Number Theorists R Us NTRU N-Th Degree Truncated Polynomial Ring , the only provider of strong security that fits everywhere, today announced that it will sponsor the Smart Labels USA 2002 Conference and that Jon Karlen, director of product management for NTRU, will speak on "Bringing Efficient Security to RFID." NTRU has developed public-key encryption (cryptography) public-key encryption - (PKE, Or "public-key cryptography") An encryption scheme, introduced by Diffie and Hellman in 1976, where each person gets a pair of keys, called the public key and the private key. technology that operates up to 2,000 times faster than its nearest competitor and in a footprint 1/50th the size, opening the door for new revenue generating products and applications. The conference will be held March 21-22, 2002, at the Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, , Cambridge, Mass. "Mass market potential for RFID and contactless applications will depend upon the availability of small, fast, efficient security to ensure trusted applications," stated Jon Karlen. "Practical, powerful and inexpensive security will enable RFID applications to be implemented in the smallest of environments, which were previously impossible to secure. These include baggage tags, key fobs, ID cards and RF readers and tags." The NTRU public key cryptography An encryption method that uses a two-part key: a public key and a private key. To send an encrypted message to someone, you use the recipient's public key, which can be sent to you via regular e-mail or made available on any public Web site or venue. system is the only solution with the ability to deliver strong, efficient security to RFID and contactless applications and products. The size and speed advantages of NTRU security allow it to operate under the very strict size and power consumption constraints of RFID. With NTRU security, RFID applications benefit from strong authentication of tags, readers and other system components. NTRU's technology also provides new audit capabilities that create digitally signed Any message or key that has been encrypted with a digital signature. When a user's public key is digitally signed by a certification authority (CA), it is known as a digital certificate or digital ID. See digital signature and digital certificate. records of each and every transaction. Karlen will discuss the technology behind public key encryption See public key cryptography. for securing RFID and the benefits it offers, including authentication, data integrity, confidentiality and an audit trail for all transactions. He will also explore how encryption technology can lower costs for RFID and contactless applications (ID cards, key fobs), and how various sectors can benefit from implementing this technology. -- What: "Bringing Efficient Security to RFID" -- Where: Smart Labels USA 2002 Conference at MIT, Cambridge, Mass. -- Who: Jon Karlen, director of product management for NTRU -- When: Friday, March 22, 2002; 11:45 a.m. ET At NTRU, Jon Karlen is charged with managing the development of products for strong authentication and confidentiality services in very constrained devices, like consumer electronic products and end user identity tokens. Prior to joining NTRU, Karlen worked as an associate at Greylock, one of the nation's leading venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] , where he evaluated new investment opportunities and provided strategic management support to existing portfolio companies. Previously, Karlen was employed as an equity research associate at Montgomery Securities. He holds a B.A. from Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony. and an M.B.A. from Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. . About NTRU NTRU is the only provider of strong security that fits everywhere. Based on the most fundamental innovation in cryptography in more than 20 years, NTRU eliminates historic price, performance and usability tradeoffs in security. NTRU delivers strong, fast security that operates with minimal power consumption and fits into a tiny footprint making it easy for customers to build devices that people trust. NTRU security is gaining widespread adoption in the radio frequency identification See RFID. (RFID), mobile communications, multimedia and embedded markets. Headquartered in Burlington, Mass., NTRU is backed by Texas Instruments, Sony Corporation, Macrovision, Lehman Brothers Venture Capital, Investor AB, Granite Ventures, Greylock and 3i. For more information, visit www.ntru.com. |
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