REPEAT/Litronic Cuts the Red Tape for Hollywood Motion Picture Industry.IRVINE, Calif.--(BUSINESS WIRE)--Oct. 11, 1999-- Making it easier for Hollywood studios to gain location access, Litronic (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :LTNX) Monday announced technology provided to Entertainment Industry Development Corp. (EIDC) that authenticates a paperless permit process. As a leading provider of 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. , Litronic integrated its ProFile Manager(TM) with EIDC's online location permitting system (LPS LPS - Sets with restricted universal quantifiers. ["Logic Programming with Sets", G. Kuper, J Computer Sys Sci 41:44-64 (1990)]. ), streamlining, securing and adding value for television and movie production companies requesting permits to film in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . "With our ProFile Manager, EIDC will provide a valuable, secure and interactive system for movie studios," said Bill Holmes Bill Holmes (born March 9, 1899 in Portage la Prairie, Manitoba) is a former ice hockey centre. He played in the NHL for the Montreal Canadiens and the New York Americans. External links Bill Holmes's career stats at The Internet Hockey Database , vice president sales and marketing at Litronic. "Making safe transactions over the Internet is now possible because you can identify everyone by their public key infrastructure (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 ) digital signatures." Litronic's ProFile Manager manages the deployment and life cycle of PKI technology, an advanced form of cryptography that ensures and verifies the identity, authenticity and authority of the sender and recipient in e-commerce business transactions. For years, Hollywood has been a major hub of motion picture production, but local activity has declined recently as other states attract location shooting. It is anticipated that production of TV and movie projects will increase in Southern California with the ease of obtaining permits. "EIDC services the Hollywood production community with an interactive system that is simple, reliable and secure -- a value-add for location production," said Cody G. Cluff, president and founder of EIDC. "Our online system is accessible and convenient for the entertainment industry, saving time and making permit issuance easier for film productions." Prior to implementing Litronic's ProFile Manager, end-users had to navigate through a lengthy registration process to obtain the credentials necessary to request permits. ProFile Manager provides a central point of data management, controlling the data initialized for every user and recovery of token file keys and certificates. Together, the digital certification and key pair act similar to a digital fingerprint. These credentials allow the end-user to gain access to secure Web sites and work in a secure e-mail environment through strong authentication and encryption. EIDC will initially have 20 employees with access to the system, with plans to add up to 300 internal and external users within the next two years. EIDC's internal online system will be complete by the end of this month and external rollout is scheduled to start January 2000. ABOUT EIDC Entertainment Industry Development Corp. is a private, non-profit company that coordinates and issues film shooting permits for many jurisdictions in Southern California. From pre-production assistance with location selection to 24-hour problem solving problem solving Process involved in finding a solution to a problem. Many animals routinely solve problems of locomotion, food finding, and shelter through trial and error. , the EIDC delivers a comprehensive production service package. EIDC's customer base is spread throughout Southern California. Customers include entertainment-related businesses, government, professional and labor organizations, community groups, area residents and local merchants. Additional information can be found at the company's Web site at http://www.eidc.com. ABOUT LITRONIC Litronic provides professional Internet data security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the and develops and markets software and microprocessor-based products needed to secure electronic commerce business transactions and communications over the Internet and other communications networks based on Internet protocols Refers to all the standards that keep the Internet running. The foundation protocol is TCP/IP, which provides the basic communications mechanism as well as ways to copy files (FTP) and send e-mail (SMTP). . Litronic's data security products use an advanced form of computer security technology referred to as public key infrastructure (PKI). Litronic's Internet security products can be used with World Wide Web browsers The following is a list of web browsers. Historical Historically important browsers In order of release:
Additional information on Litronic is available on the company's Web site at http://www.litronic.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 With the exception of historical information, the matters discussed in this news release relating to the projected growth of e-commerce and of the Internet security market; and to Litronic's ability to penetrate the Internet security market, to integrate acquisitions and to transition to commercial markets are forward looking statements that involve a number of risks and uncertainties, including competition from companies with greater financial and technical resources than Litronic, the difficulty in continuing technical innovation (particularly in light of the competitive market for technical personnel), the effect of differing corporate cultures on the integration of acquisitions and the acceptance of Litronic's products in the commercial marketplace. Other risks inherent in Litronic's business are described in Securities and Exchange Commission filings, including the company prospectus. Litronic undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this release. |
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