PrimeKey and nCipher Deliver Security Solution to the Ministry of Defence (DGA) in Paris to Protect Online Trading Exchange.STOCKHOLM, Sweden & CAMBRIDGE, England -- PrimeKey Solutions AB, a Swedish IT security company and nCipher plc (LSE LSE - Language Sensitive Editor :NCH NCH National Coalition for the Homeless NCH National Coalition for History NCH National Council for Hypnotherapy (UK) NCH National Center for Homeopathy NCH Notched NCH National Claims History NCH Nielsen Clearing House ), a leading provider of cryptographic security solutions, today announced they have delivered a security solution to Delegation Generale de l'Armement (DGA DGA Directors Guild of America (movie directors union) DGA Délégation Générale pour l'Armement (France) DGA Directeur-Grootaandeelhouder (Dutch: Managing Director and Major Shareholder) ), part of the French Ministry of Defence in Paris, to secure its online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. exchange. "The DGA online trading exchange, which is handled by the French Ministry of Defence, is considered one of the largest public marketplaces in Europe with the Ministry of Defence purchasing between 15 to 17 billion euros of goods and equipment each year." says Emmanuelle Plessiet, Project Manager and member of the Portail de l'Armement team, Delegation Generale pour l'Armement. "The operational costs that are saved by deploying an online portal, in terms of both time and paperwork, are enormous but the levels of security cannot be comprised." This virtual marketplace is split into two portals; www.ixarm.com, the armament portal which handles armed forces equipment, and www.achats.defense.gouv.fr which is primarily focused on procuring Procuring, in general, is the act of acquiring goods or services, usually by contract. It may refer to:
DGA selected a PKI (Public Key Infrastructure) A framework for creating a secure method for exchanging information based on public key cryptography. The foundation of a PKI is the certificate authority (CA), which issues digital certificates that authenticate the identity of solution based on PrimeKey's open source project, EJBCA, integrated with nCipher's nShield(TM) hardware security modules (HSMs) to provide a high-performance and tamper-resistant environment for the associated cryptographic processes. In such a security-conscious industry sector great emphasis is put on the fundamental security of the exchange, the ability to positively identify users and authenticate (1) To verify (guarantee) the identity of a person or company. To ensure that the individual or organization is really who it says it is. See authentication and digital certificate. (2) To verify (guarantee) that data has not been altered. tender documents. The PrimeKey PKI solution issues the digital certificates which enable users to access and sign tenders by proving integrity and authenticity. The private keys used to sign these certificates are securely stored and managed inside nCipher's nShield HSM (1) (Hierarchical Storage Management) The automatic movement of files from hard disk to slower, less-expensive storage media. The typical hierarchy is from magnetic disk to optical disc to tape. . The signed data can neither be modified nor altered during the transaction ensuring the integrity of the transmitted information. The delivery of the PKI solution was co-ordinated by local French IT-consultancy firm Linagora. "A successful online portal is one that can be trusted," says Ciaran Stapleton, Sales Director at nCipher. "The combination of PrimeKey's PKI solution and nCipher's HSMs has enabled DGA to offer a secure online trading exchange. We are pleased to have been able to work with PrimeKey to deliver the solution selected and deployed by DGA." "The online trading portal has very stringent security requirements and we are delighted to have been chosen to deliver this solution together with nCipher. PrimeKey has integrated EJBCA with nCipher's nShield HSM to provide a secure portal protected from both internal and external threats," says, Konstantin Papaxanthis, Chief Executive Officer at PrimeKey. "Also, we are very glad to mention that hundreds of companies and organizations around the world are now downloading and using EJBCA in their operations. To date we have had over 28,000 downloads and this figure is growing daily. Total Cost of Ownership (TCO (1) (Total Cost of Ownership) The cost of using a computer. It includes the cost of the hardware, software and upgrades as well as the cost of the inhouse staff and/or consultants that provide training and technical support. See ROI. ) running EJBCA is very low." About PrimeKey Solutions AB PrimeKey Solutions AB is a Swedish IT-security company with niched competence in information and system security and product development within Public Key Infrastructure (PKI) and smart card appliances. PrimeKey's vision is to provide state-of-the-art solutions that integrate with customer application environments. We help our customers and partners to solve concrete business needs in a cost-effective way, with strong emphasis on security issues. Our goal is to maintain and improve our position as leaders, in providing security solutions and services, by employing the resources at our disposal combined with our unique expertise. www.primekey.se About nCipher nCipher is a leading provider of cryptographic security, enabling our customers to meet the challenges of verifying identity, protecting data and complying with security regulations. nCipher's solutions provide a unified approach to cryptographic management providing strict access controls and high assurance trusted processing, overcoming traditional issues of scalability, performance and weak platform security. The world's leading organizations work with nCipher to protect security critical systems such as web site infrastructure, online banking and payment processing networks, PKI, web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. , databases and digital rights management schemes. nCipher is the winner of the Microsoft Security Solution of the Year award 2004. The company is listed on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (LSE:NCH) and is a member of the FTSE TechMARK index The FTSE techMark Index is a series of stock indexes designed to reflect the performance of technology stocks on the London Stock Exchange. Perhaps the best know index is the FTSE techMark 100 Index, which is a capitalization-weighted index of the top 100 companies on the with offices in Cambridge, UK; Boston, Washington, Hamburg Hamburg, city, Germany Hamburg (häm`b rkh), officially Freie und Hansestadt Hamburg (Free and Hanseatic City of Hamburg), city (1994 pop. and Tokyo. For more
information on nCipher, visit www.ncipher.com.
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