SafeNet and Phoenix Technologies Partner to Offer Advanced Security for Protection of Digital Data; Integrated Capability Prevents Computer from Starting Unless Proper Hardware Key is Present.BALTIMORE -- SafeNet (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 :SFNT), setting the standard for information security, and Phoenix Technologies Ltd., (NASDAQ:PTEC PTEC Pinellas Technical Education Centers (Clearwater, FL) PTEC Pharmacy Technician Educators Council PTEC Psychiatric Technician PTEC Plastics Technical Evaluation Center PTEC Page Table Edit Control ), today announced the availability of a new and advanced method for ensuring the protection of PCs and other digital devices from unauthorized access. This simple to manage and use capability leverages SafeNet's Borderless iKey USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. authentication tokens and Phoenix's TrustedCore(TM) technology to protect devices from unauthorized use at the core BIOS level. When a device enabled with the TrustedCore firmware is turned on, completion of the boot-up sequence requires the user to insert their SafeNet Borderless iKey USB token An authentication token that plugs into the USB port of a computer. See authentication token. as well as a Personal Identification Number (PIN). This technique is considered the next step beyond current security techniques utilizing operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. based security. This solution has particular significance in light of the increasing problem of laptop theft Laptop theft is a serious threat to users of mobile computers. Many methods to protect the data and to prevent theft have been developed, including alarms, laptop locks , and visual deterrents such as stickers or labels. . The FBI has reported that laptop theft losses for 2004 increased to over $6.7 million, and that over 97% of stolen laptops are never recovered. Given the sensitive nature of the data contained on many laptop computers, the potential liabilities resulting from unauthorized access have become a leading concern for nearly all organizations. The SafeNet Borderless iKey token is one of a complete line of integrated endpoint identity devices, including Biometric smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. and tokens that make up the endpoint products of the award-winning Borderless security platform. TrustedCore is Phoenix's industry-leading firmware, which provides for the reliable, secure and flexible operation of desktop, server, embedded and mobile devices. It features a multi-level architecture that delivers a "chain of trust" from the BIOS to the Windows operating system, and provides built-in device defense, seamless device authentication for networked applications, and a modular development environment for firmware. "The SafeNet and Phoenix partnership allows us to address a fundamental security concern for our customers," said Chris Fedde, Senior Vice President and General Manager of SafeNet's Enterprise Division. "Our joint offering provides a level of security formerly not available to laptop users. By partnering with Phoenix Technologies, we are able to combine our expertise in authentication with Phoenix's leadership in core systems software. This combined solution is particularly significant because it will help prevent future identity theft and security breaches like consumer banking fraud." "The combination of Phoenix's highly secure BIOS software and SafeNet's innovative endpoint identity technology raises the bar in security protection, particularly for mobile users who are more vulnerable to theft and who need easy-to-use solutions while on the road," said Michael D. Goldgof, Senior Vice President and General Manager of the Corporate Marketing and Products Division for Phoenix Technologies. "We look forward to working with our PC OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and partners to bring the benefits of this advanced solution to the broad spectrum of PC and digital device customers." About SafeNet, Inc. SafeNet is a global leader in information security. Founded more than 20 years ago, the company provides complete security utilizing its encryption technologies to protect communications, intellectual property and digital identities, and offers a full spectrum of products including hardware, software, and chips. ARM, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , 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. , the Departments of Defense and Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States , Microsoft, Samsung, Texas Instruments See TI. (company) Texas Instruments - (TI) A US electronics company. A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq. , the U.S. Internal Revenue Service and scores of other customers entrust their security needs to SafeNet. For more information, visit www.safenet-inc.com. About Phoenix Technologies Phoenix Technologies develops a complete product suite of Core System Software, tools and applications to deliver trusted, seamless computing to digital devices for an Internet-connected world. Phoenix Technologies helped launch the PC industry over 25 years ago. Today, the company is extending its leadership and knowledge at the core of machines, beyond the PC to a wide range of platforms and devices. Phoenix Core System Software has set the standard for the world's leading branded PC OEMs and their global network of supply chain and software partners. Today, Phoenix solutions define, identify and restore the world's best-known systems. These solutions are built into the device core, where they are protected from viruses, user errors, hackers and corruption. Phoenix is headquartered in Milpitas, Calif. (Silicon Valley), with offices worldwide in global business and technology centers. For more information, visit www.phoenix.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 The statements contained in this release, which are not historical facts, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include contract termination Defense procurement: the cessation or cancellation, in whole or in part, of work under a prime contract or a subcontract thereunder for the convenience of, or at the option of, the government, or due to failure of the contractor to perform in accordance with the terms of the contract (default). risks, risks associated with acquiring other companies, including integration risks, and other risks described in SafeNet's Securities and Exchange Commission filings. Phoenix, Phoenix Technologies and the Phoenix Technologies logo and TrustedCore, are trademarks and/or registered trademarks of Phoenix Technologies Ltd. All other trademarks are the property of their respective owners. Editor's Note: SafeNet is a registered trademark and SecureIP Technology is a trademark of SafeNet, Inc. All other trademarks are the property of their respective owners. |
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