Calyptix Secures Intellectual Property Rights; UNC Charlotte Partners with Security Company.CHARLOTTE, N.C. -- UNC (Universal Naming Convention) A standard for identifying servers, printers and other resources in a network, which originated in the Unix community. A UNC path uses double slashes or backslashes to precede the name of the computer. Charlotte and Calyptix Security Corporation have completed a transaction transferring rights to an extensive intellectual property portfolio covering enhanced computer security solutions to Calyptix. "UNC Charlotte has been a tremendous partner for Calyptix since inception and we look forward to growing this company. This technology immediately positions Calyptix to deliver a dynamic, comprehensive network security solution to the small and medium business market," states Ben Yarbrough, chief executive officer, Calyptix. "In addition, this IP portfolio includes exciting future growth opportunities with strong platforms to develop database and application level security solutions." There has been a flurry of activity at Calyptix in recent weeks. This transaction with UNC Charlotte closed in late September 2005. Ben Yarbrough joined the company as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. in July 2005, and the company recently closed on an undisclosed level of seed round financing that is expected to provide necessary capital to take the company through the final stages of development. Calyptix is developing Access Enforcer(TM)as its first offering to the marketplace. Access Enforcer(TM) is a proprietary, dynamic Internet security ''This article or section is being rewritten at Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software. appliance that provides comprehensive protection for computer networks from unknown and known malware and attacks, including viruses, Trojans, worms, denial of service attacks, spam, spyware, stealth attacks, and port scans. Access Enforcer(TM) deploys the Company's proprietary dynamic intrusion prevention See IPS and IDS. system, acquired from UNC Charlotte, as a "plug and play" security appliance Security appliances protect computer networks from unwanted data traffic, intruders, email spam, enforce policies, and may also be used to create and manage VPNs. There are a number of types of security appliances. that is easily installed, activated and managed without requiring advanced security or network experience. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Mark Wdowik, executive director, Office of Technology Transfer at UNC Charlotte, "In the last five years, 21 startups have emerged from UNC Charlotte; Calyptix is one of these companies and one about which we are very excited. Having companies like Calyptix grow out of UNC Charlotte is great for the University, great for the region and great for economic development." Calyptix Security was founded in 2002 and was recognized at UNC Charlotte's Five Ventures competition in 2003. Calyptix is finalizing its product, Access Enforcer(TM), for commercial launch in early 2006. Founded by two international security experts, Dr. Yuliang Zheng Yuliang Zheng is a Professor at the University of North Carolina at Charlotte. He is best known for inventing the Signcryption cryptographic primitive that combines the digital signature and encryption operations into one single step. and Lawrence Teo, Calyptix is headquartered in Charlotte, NC. |
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