Frost & Sullivan Honors Certicom with 2004 Frost & Sullivan Award for Excellence in Technology.
ECC's security is based on the elliptic curve discrete logarithm problem, which provides strong, security with public keys (PKs) that are at least ten times smaller than other schemes such as Rivest-Shamir-Adleman (RSA) algorithm.
"The minimum key-size recommendation for legacy public schemes is 2,048 bits but a much smaller 224-bit ECC key can provide the same level of security," says Michael Valenti, Research Analyst with Frost & Sullivan. "Thus, ECC-based devices require less bandwidth, memory, power, and storage than other systems, enabling manufacturers to incorporate cryptography in wireless platforms such as hand-held computers and smart cards."
For its innovative technology and its ability to influence several market sectors, Certicom Corp. is presented with the 2004 Excellence in Technology Award. This award is presented each year to the company that has successfully developed a technology that can affect a market in terms of adoption, change, and competitive posture.
An interesting application of ECC by Certicom - a small two-dimensional ECC signature - led to a standard for digital postal marks to prevent postal fraud. This stamp had embedded information about the envelope's source, destination, weight, cost of stamp, and other data so that people would not use the same stamp to mail envelopes without paying for them.
However, the breakthrough in ECC research came with the finding of techniques for efficient implementations and methods to enhance the security and development of protocols targeting practical issues. This helped the company to develop concepts continually and file patents on its implementation of both software and hardware.
In a prestigious collaboration, Certicom's ECC-based patents were licensed by the U.S. National Security Agency (NSA) for a government PK standard. This move was prompted by the government's requirement for a scalable PK scheme, as computers become more technologically advanced.
"Motorola has incorporated Certicom's ECC in its handsets and RIM in its Blackberry hand computers," notes Valenti. "Greater commercial acceptance is likely to strengthen ECC's governmental presence."
About Certicom Corp.
Certicom Corp. (TSX:CIC) is the authority for strong, efficient cryptography required by software vendors and device manufacturers to embed security in their products. Adopted by the US Government's National Security Agency (NSA), Certicom technologies for Elliptic Curve Cryptography (ECC) provide the most security per bit of any known public key scheme, making it ideal for constrained environments. Certicom products and services are currently licensed to more than 300 customers including Motorola, Oracle, Research In Motion, Terayon, Texas Instruments and XM Radio. Founded in 1985, Certicom is headquartered in Mississauga, ON, Canada, with offices in Ottawa, ON; Reston, VA; San Mateo, CA; and London, England. Visit www.certicom.com.
About Frost & Sullivan
Founded in 1961, Frost & Sullivan is recognized as a global leader in growth consulting. Frost & Sullivan Awards are presented to companies that demonstrate excellence in their industry, commending the diligence, commitment, and innovative business strategies required to advance in the global marketplace. Frost & Sullivan rigorously analyzes specific criteria to determine award recipients in a vast variety of market industries and landscapes. For further information, visit www.frost.com.