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Rainbow Technologies and Datakey Collaborate On Future Rainbow iKey Products.

IRVINE, Calif.--(BUSINESS WIRE)--July 21, 1999--

Rainbow Technologies, Inc., (Nasdaq:RNBO), a leading provider of high-performance security solutions for the Internet and electronic commerce, and Datakey, Inc. (Nasdaq:DKEY), an international leader in smart card-based information security solutions, announced today they signed a joint partnership agreement to develop and build future generations of Rainbow's iKey USB-based personal authentication tokens.

Datakey will license its DKCCOS token operating system and an OEM version of its SignaSURE Cryptographic Interface Provider (CIP) software to Rainbow. Datakey plans to integrate iKey tokens into its SignaSURE product line as an option in addition to the smart cards and smart keys currently available.

According to Rainbow's Chief Technology Officer, Shawn Abbott, Rainbow conducted an extensive evaluation of public-key cryptography products in the market. "We selected Datakey's SignaSURE technology for its advanced capabilities and strong position in the rapidly emerging PKI market. Rather than re-invent the wheel, we're combining Datakey's proven public-key cryptographic know-how with ours to develop future iKey models."

Rainbow's iKey enables secure access to networks, intranets, extranets, Virtual Private Networks (VPNs) and the Internet using a personal token, without the need for a smart card reader or other external device. Datakey's SignaSURE technology incorporates a proven public-key processor, token operating system and PKI middleware. This proven technology will enhance the capabilities of Rainbow's next generation iKey.

"Rainbow's iKey puts smart card and smart token technology into a portable, flexible and easy to implement form factor using the Universal Serial Bus as the reader. Combining the technology of the SignaSURE family of token-based information security products with the iKey presents a robust and secure personal authentication solution," said Carl P. Boecher, president and CEO of Datakey, Inc. "The iKey has tremendous business potential due to the cost savings resulting from its built-in reader. We expect sales of SignaSURE products with iKey tokens will grow to become a sizeable share of our market."

About Datakey's SignaSURE Information Security Products

Datakey, Inc. has developed the next step in the evolution of secure communications solutions -- the SignaSURE family of information security products that all use public-key cryptographic tokens for a higher level of security than just software alone. Token-based information security implements a two-level security scheme -- something that's owned (a hardware token) and something that is known (a password to activate the token) for a much stronger level of security than password-only solutions. All private-key functions are performed and digital credentials are stored on the token.

SignaSURE products range from plug-ins that add cryptographic tokens to software security to full enterprise-wide system solutions for user authentication and secure transmission and storage of information. Personal cryptographic tokens are available in a rugged key format that is carried on a key chain or the more common smart card format. Smart cards can have custom graphics, magnetic strips, and proximity technology. The companion reader/writer plugs into a computer (serial port, PCMCIA slot, disk drive) or can be integrated into the keyboard. And soon, SignaSURE products will be available with the iKey.

About Rainbow's iKey

The iKey is IPSec/IKE compatible and is inserted directly into the USB port of a computer, eliminating the need to have a separate, expensive reader attached or integrated into the system. This solution is well suited for companies looking to deploy a low cost hardware-based authentication token to supplement or replace existing password-based schemes.

The iKey is ideal for secure e-mail, Web-based access control and VPNs. The iKey offers OEM providers of Virtual Private Networks (VPNs), enterprise network solutions and large end-user enterprises a lower cost alternative for strong authentication. With the iKey, they can implement strong token-based, two-factor authentication utilizing X.509v3 certificates and LDAP directories for authentication services.

About Datakey Inc.

Datakey, Inc. is a leading international provider of smart card-based information security systems and solutions. Headquartered in Minneapolis, MN, the company offers a family of smart card-based information security and digital signature products under the SignaSURE umbrella. Using state-of-the-art cryptographic technology, these products fill growing market needs for secure, smart card-based user authentication and data privacy. Datakey's information security products play an integral role in any Public Key Infrastructure (PKI) system by providing dual-layer security - something that is owned (a smart card) and something that is known (a password).

Shares of Datakey's common stock are traded on Nasdaq under the symbol DKEY. You can find more information at www.datakey.com. You can view all Datakey press releases on the Web site, at prnewswire.com or via fax by calling Company News On-Call at 1-800-758-5804, ext. 231950.

About Rainbow Technologies, Inc.

Founded in 1984, Rainbow Technologies is a leader in applying security-related technology to solve business needs. Rainbow applies its core technology to a variety of Internet applications - from securing software, to the acceleration of secure communication for e-commerce and Virtual Private Networks (VPNs). Rainbow's products include secure Web server and VPN acceleration boards, anti-piracy and Internet software distribution solutions, software metering and management tools, voice, data and satellite security systems, USB-based authentication tokens and smart card readers.

The company is headquartered in Irvine, California and maintains offices throughout the United States, United Kingdom, France, Germany, Australia, China, India, The Netherlands, Russia and Taiwan. A network of nearly 50 authorized distributors sell Rainbow products worldwide. For more information, visit our Web site at www.rainbow.com.

Note to Editors: All trademarks and registered trademarks herein are properties of their respective companies.
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Publication:Business Wire
Geographic Code:1USA
Date:Jul 21, 1999
Words:899
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