IRE's Triple-DES SafeNet VPN Products Receive Export Approval; SafeNet Offers Strongest Security to Meet Global VPN Requirements.BALTIMORE--(BUSINESS WIRE)--April 20, 1999-- Information Resource Engineering, Inc. (IRE) (Nasdaq:IREG IREG International Roaming Expert Group (Global System for Mobile Communication Association) IREG ITU-T Recommendation Experiment Group ), a leading provider of Virtual Private Network (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. ) technology and solutions for secure business communications, today announced that the U.S. Department of Commerce has approved the shipment of its SafeNet VPN product line featuring triple-DES (Data Encryption Standard See DES. Data Encryption Standard - (DES) The NBS's popular, standard encryption algorithm. It is a product cipher that operates on 64-bit blocks of data, using a 56-bit key. It is defined in FIPS 46-1 (1988) (which supersedes FIPS 46 (1977)). ) encryption. This license allows shipment of IRE's SafeNet products to financial institutions, insurance companies, U.S. subsidiaries, and health organizations. The triple-DES version of the SafeNet product family has also been approved for use by private corporations in Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). , many of the Caribbean Islands, and several countries in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . In related news, IRE received approval to export SafeNet/Soft-PK(tm), an industry-leading IPSec-compliant VPN client software offering. Under a separate encryption licensing arrangement, SafeNet/Soft-PK can be exported to financial institutions, insurance companies, U.S. subsidiaries, and health organizations around the world. SafeNet/Soft-PK is certified by the International Computer Security Association (ICSA See TruSecure. ) and has been tested for interoperability with several VPN gateway and client solutions, including those from Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , Inc. (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ), Network Associates, Inc. (Nasdaq:NETA), AXENT Technologies, Inc. (Nasdaq:AXNT), and others. "Approval from the Department of Commerce to ship triple-DES encryption techniques within our SafeNet product line allows IRE's customers to take advantage of the strongest security standard available for their VPN implementations," said Dubhe Beinhorn, Vice President of International Sales at IRE. "Europe, Asia and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. have become increasingly demanding markets for secure VPN solutions due to the growth of global business communications. IRE is ready with a secure, deployable SafeNet solution." Triple-DES is one of the strongest forms of commercial encryption available. By encrypting data three times using the 56-bit key DES, triple-DES encryption provides users with data security that moves standard DES encryption forward to meet today's rigid security requirements. About IRE IRE (Nasdaq:IREG) delivers cost-effective Virtual Private Network (VPN) solutions that enable organizations to use the Internet and other shared networks for private communications. IRE, the developer of the first commercial VPN in 1989 and the first Internet VPN solution in 1995, specializes in offering integrated, standards-based VPN technology and products as part of its SafeNet(tm) product family. The SafeNet DSP (1) (Digital Signal Processor) A special-purpose CPU used for digital signal processing applications (see definition #2 below). It provides ultra-fast instruction sequences, such as shift and add, and multiply and add, which are commonly used in math-intensive (tm) "Internet Security System on a Chip," with over ten patents pending, is a breakthrough addition, not only to IRE's family of SafeNet products, but for all network and telecommunications equipment manufacturers who have been searching for a way to increase the performance and decrease the cost of implementing and embedding a VPN solution. A publicly held company since 1989, IRE has been providing industry leading network security solutions around the world for over 15 years. Our global client list includes the leading Fortune 1000 companies, financial institutions, and governments. Our commitment to providing leading edge technology, quality design and manufacture, and around-the-clock customer support is unsurpassed in the network security industry. For more information, please visit us at www.ire.com. SafeNet is a trademark of Information Resource Engineering, Inc. All other product and company names mentioned herein may be the trademarks of their respective companies. |
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