CoreStreet Compatible with Datakey Smart Card Technology; Technology Enables Scalable, Active Security with Smart Cards.Business Editors/High-Tech Writers CAMBRIDGE, Mass.--(BUSINESS WIRE)--Feb. 2, 2004 CoreStreet, a leading provider of authorization and validation technology, today announced the company's technology is now compatible with Datakey's industry leading smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. . This compatibility enables CoreStreet customers to validate users' identities easily and cost effectively when implementing both physical and digital security solutions. "CoreStreet's technology can be placed in nearly any type of device, including a smart card," said Phil Libin, president of CoreStreet. "Being compatible with Datakey's smart cards and desktop middleware enables users to implement new active security solutions broadly, using existing Datakey technology." CoreStreet enables companies to deploy scalable, ubiquitous security, at a fraction of the expense and response time typically required, enabling companies to be more active in their security plans. The key is in separating a person's identity from their permissions. CoreStreet removes identity from the equation and uses Real Time Credentials--digitally signed proofs--embedded with information for validating and authorizing certain activities and access permissions. These proofs can be transferred in preset intervals in any number of ways, including on a smart card. Since proofs do not contain critical identity information, they eliminate the need for a secure connection back to a central authority for every permission request. As a result, they can be inexpensively placed anywhere security is needed. "CoreStreet's technology is innovative in the security world," said Tim Russell Tim Russell (born 1947) is a radio announcer and voice actor (AFTRA/SAG) in Minneapolis and St. Paul, Minnesota. He is “Entertainment Editor” in the early morning hours at WCCO-AM radio and one of the actors on Garrison Keillor's radio show, A Prairie Home Companion. , president and 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. of Datakey. "Datakey smart cards are being used by over one million users today for logical and physical security. When used in conjunction with CoreStreet's Real Time Credentials, organizations now have the ability to validate a user's credentials quickly. For smart card programs with millions of users, the challenge is not just issuing a large volume of cards, but also knowing whether the credential being presented is, in fact, valid at the time of presentation. This capability is incredibly valuable in dealing with a class of users that is largely disconnected from any network." Datakey provides its solutions today to enterprise customers for various security applications including single sign-on An identification system that lets users log into multiple Web sites on the Internet with one username and password. Single sign-on systems are also used within an enterprise, enabling users to access all authorized resources in the local network using the same username and password. , VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. , Windows logon See login. 1. (jargon) logon - login. 2. (networking) logon - In ACF/VTAM, an unformatted session-initiation request for a session between two logical units. , secure email, digital signatures, digital certificates and password management. The company's newest offering, Datakey Axis, is a smart card-based single sign-on solution that addresses the current password management problem and provides a foundation for introducing stronger authentication methods. End users deploying Datakey technology today include the US Department of State, the FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). , the Canadian Department of National Defence, Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. , US Patent and Trademark Office, US General Services Administration The General Services Administration (GSA) was established by section 101 of the Federal Property and Administrative Services Act of 1949 (40 U.S.C.A. § 751). The GSA sets policy for and manages government property and records. and Rabobank (in the Netherlands). About CoreStreet Bridging the security gap between physical and information security, CoreStreet provides the only secure authorization and validation technology for connected and intermittently connected environments. Combining security, safety and convenience, CoreStreet enables organizations to grant or revoke an individual's access rights to buildings, computer networks, laptops or wireless devices immediately in real time. The company, headquartered in Cambridge, Mass., holds 14 patents with more pending. For more information, visit www.corestreet.com. About Datakey Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : DKEY) Datakey Inc. (www.datakey.com) focuses on delivering complete smart card-based solutions that simplify access throughout the enterprise. Our solutions significantly increase the convenience and security for users logging into company resources by consolidating all digital credentials - including passwords, digital certificates, VPN credentials and biometric data - onto one smart card and automating access through a single sign-on. Datakey's fully integrated smart card-based single sign-on systems allow our customers to automatically enforce stronger access controls while at the same time eliminating the need for the user to remember and manage multiple complex passwords. |
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