Verdasys Receives Patent for Adaptive Encryption and Announces Enterprise Ready Beta-Program.WALTHAM, Mass. -- Verdasys, Inc., the leader in Business Process Integrity solutions for information risk management, announced today that the United States Patent and Trademark Office The United States Patent and Trademark Office (PTO or USPTO) is an agency in the United States Department of Commerce that provides patent protection to inventors and businesses for their inventions, and trademark registration for product and intellectual property has issued the Company patent number US 7,100,047 covering its innovative Adaptive Transparent Encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. technology which extends the comprehensive monitoring and control capabilities of Verdasys' Digital Guardian solutions. Adaptive Transparent Encryption employs unique, patented technology to encrypt See encryption. and decrypt To convert secretly coded data (encrypted data) back into its original form. Contrast with encrypt. See plaintext and cryptography. files selectively and automatically based on data context to protect corporate data without user or business process interference. Adaptive Encryption significantly reduces the cost while increasing the scalability and manageability of encrypting valuable corporate data, further extending Verdasys solutions for Enterprise Data Containment, Information Policy Management, Corporate Compliance & Secure Outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. . The patent issuance is a significant validation of the Company's rapid growth and business strategy to protect proprietary or sensitive data and the integrity of business processes essential to successfully conduct business on a global basis. The Company also currently holds more than 11 issued or pending patents. Simultaneously, Verdasys is announcing the launch of its beta-program for enterprise customers which integrates the patented Adaptive Transparent Encryption technology with Digital Guardian core solution to provide the world's first secure virtual perimeter, controlling data wherever it's accessed or used across the extended enterprise. "We're very excited about Adaptive Encryption as a cost-effective, automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. strategy to protect sensitive corporate data without the overhead expense and capital requirements Capital requirements Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. associated with encryption," said Seth Birnbaum, 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. of Verdasys. "Adaptive Encryption fulfills the promise of eDRM, with affordable, scalable, usable USable is a special idea contest to transfer US American ideas into practice in Germany. USable is initiated by the German Körber-Stiftung (foundation Körber). It is doted with 150,000 Euro and awarded every two years. and comprehensive enterprise data containment, providing visibility and control across any user, application, device or machine, regardless of connection state." Due to the growing rapid response and success of this solution with Verdasys' large enterprise customers, the company will be expanding the testing program among its existing enterprise customers worldwide including Japan and Europe. This program establishes Verdasys as a leader in providing a deeply integrated platform for complete control, monitoring and encryption of all data in use across an extended enterprise from a single console & platform. "We have been expanding our vision of Digital Guardian for the last four years and the addition of the Adaptive Encryption module is a significant milestone, extending our control of data to devices and e-mail," said Nicholas Stamos, President of Verdasys. "We have always felt that our approach is unique, and the issuance of this patent from the USPTO USPTO abbr. United States Patent and Trademark Office is a welcome validation." About Verdasys, Inc. Verdasys' Digital Guardian is the only product platform that delivers the fundamental elements of Business Process Integrity under a scalable architecture with customer proven technology. Business Process Integrity protects information, applications and processes essential to maintaining the market value, proprietary assets, intellectual property, reputation & process integrity of a global enterprise. The Digital Guardian platform is in use by government agencies, and by leaders in financial, pharmaceutical, insurance, healthcare, manufacturing, entertainment, and other industries around the world. Verdasys customers use Digital Guardian to comprehensively protect data wherever it's used. Verdasys is headquartered in Waltham, MA. For more information, please visit http://www.verdasys.com. |
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