V-ONE Announces SmartGate, Enabling Open and Secure Business Transactions on The Internet.ROCKVILLE, Md.--(BUSINESS WIRE)--Dec. 11, 1995--Virtual Open Network Environment Corporation (V-ONE) today announced the availability of a new product, SmartGate (TM), a client-server technology which allows businesses to build an open, end-to-end, secure transaction environment on the Internet. SmartGate is a unique network security offering in that it is transaction-based. Unlike Virtual Private Networks (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. ), which are designed for "remote office" applications, SmartGate provides security for business-to-customer and business-to-business transactions. SmartGate also includes mutual authentication Mutual authentication or two-way authentication refers to two parties authenticating each other suitably. In technology terms, it refers to a client or user authenticating themselves to a server and that server authenticating itself to the user in such a way that both that allows both the client and the SmartGate server to establish that each party is trusted. SmartGate is the first solution that allows businesses to easily transfer their existing legacy systems to the Internet for secure operation, thus minimizing their costs by utilizing existing and current technological investments and keeping time-to-market down. New client/server applications can also be quickly configured to run on SmartGate. With SmartGate technology, secure transactions and data exchange in areas such as banking, financial trading, health care, publishing, insurance, telecommuting telecommuting, an arrangement by which people work at home using a computer and telephone, transmitting work material to a business office by means of a modem and telephone lines; it is also known as telework. , interdepartmental in·ter·de·part·men·tal adj. Involving or representing different departments, as of a business, an academic institution, or a government: "the petty interdepartmental squabbling that surrounds the making of . . . access and a host of others are now possible in a cost-effective way for business. "Businesses today hunger to use the Internet for commercial applications, but security, as well as cost and resource issues, have stifled the mass movement of business on the Net," said James F. Chen, V-ONE's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Our goal is to allow companies to get their commercial applications up and running on the Internet cost-effectively, with the highest level of security possible, and now." "SmartGate is a new class of network security product that is beyond firewalls," said Matt Mancuso, Manager of Network Security Operations for Computer Sciences Corporation. "Nothing else can do what it does. SmartGate is poised to have a truly revolutionary impact on the marketplace." SmartGate uses mutual authentication with strong encryption An encryption method that uses a very large number as its cryptographic key. The larger the key, the longer it takes to unlawfully break the code. Today, 256 bits is considered strong encryption. As computers become faster, the length of the key must be increased. to ensure a protected environment over an open network. SmartGate is also compatible with smart card technology which enhances the system by allowing for secure encryption key storage. After a user from an untrusted network like the Internet is authenticated, an encryption key is generated that is unique to that session. This encryption is used on all transmitted data in a session, resulting in private interaction between users and services. SmartGate is an open technology in that it adapts to any TCP/IP TCP/IP in full Transmission Control Protocol/Internet Protocol Standard Internet communications protocols that allow digital computers to communicate over long distances. network, a trademark of all V-ONE products. SmartGate is application-independent, meaning it works with any client, server and browser. Because of this openness, businesses are not forced to buy accompanying proprietary technology when using SmartGate. SmartGate was configured by V-ONE's security engineers to offer the highest level of protection by being interoperable with all existing firewalls and allowing for multiple firewall transversal using one authentication server A device used in network access control. It stores the usernames and passwords that identify the clients logging in, or it may hold the algorithms for token access (see authentication token). . SmartGate can be purchased in either a hardware-software or software-only form and is shipping today from V-ONE's Corporate Headquarters in Rockville, MD (301-838-8900.) The SmartGate server retails for $9,995 (software-only version $4,995) while SmartGate client licenses are priced at $79 with reductions for volume purchases. One Fortune 25 company will be announcing in the coming weeks a major new networking structure which is built around SmartGate technology. The technology for SmartGate has been developed under the direction of Dr. Jieh-Shan Wang, V-ONE's Vice President of Engineering. Dr. Wang's expertise, along with that of Chief Scientist and father of the commercial Internet firewall A firewall that is used to shield users from the Internet. See firewall. Marcus J. Ranum, forms an unmatched technical team that will ensure V-ONE continues to stay at the forefront of network security technology. V-ONE is a leading provider of network security technologies. The highest levels of the military and intelligence agencies of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. government use V-ONE technology to defend their networks. V-ONE's product line includes: SmartWall, a dual-homed, application-level gateway An application-level proxy server. See proxy server. firewall; SmartCAT, a smart card authentication system The combination of authentication server and authenticator, which may be separate devices or both reside in the same unit such as an access point or network access server. The authentication server contains a database of user names, passwords and policies, and the authenticator physically and card reader (software version available); SmartGate, client and server security and authorization software for a secure network transaction environment; and CyberWallet, an electronic consumer payment system and merchant and acquirer server software. Note to Editors: Artwork available on request. CONTACT: V-ONE Corp. Jim Reed, 301/838-8900 or White & Co. Lisa Copass or Michele McMahon, 415/274-8100 |
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