iBIZ Software Integrates with Eracom Technologies; Eracom and iBIZ to Work Closely Together in the Promotion of Joint Solutions for Secure Payment Authentication.Business Editors/High-Tech Writers ROSEVILLE, Calif. & BELLAIRE, Texas--(BUSINESS WIRE)--Aug. 25, 2003 Eracom Technologies, a leading developer and global supplier of cryptographic technologies and solutions, announced today that iBIZ Software of Texas, USA, has completed its integration with Eracom's Hardware Security Module ProtectServer Orange, a FIPS (Federal Information Processing Standards) A series of publications issed by the U.S. National Institute of Standards and Technology (NIST) that specifies information security guidelines for federal government departments and agencies. 140 certified PCI (1) (Payment Card Industry) See PCI DSS. (2) (Peripheral Component Interconnect) The most widely used I/O bus (peripheral bus). cryptographic adapter. iBIZ Software is now offering this fully integrated solution to the customers and prospects of their CommerSafe Access Control Server (ACS (Asynchronous Communications Server) See network access server. ). CommerSafe ACS is a 3-D Secure approved solution supporting Verified by Visa Verified by Visa is a system used by Visa as an added layer of security for online credit and debit cards transactions. A similar system is used by MasterCard under the name SecureCode (which is completely separate from verified by Visa, although it uses the same protocol). and MasterCard SecureCode payer authentication programs. "Integrating with Eracom's PKCS (Public Key Cryptography Standards) Specifications from RSA Laboratories for various techniques used with RSA public key cryptography. With cooperation from security experts worldwide, PKCS #1 covers the RSA standard itself. #11 toolkit was fast and easy," says Yaron Charka, 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 iBIZ Software. "We were happy to see that the programming interface fits nicely with our access control server architecture." "We were pleased to work with iBIZ and able to provide enhanced cryptographic services for their ACS solution," says Wolfgang Klemm, COO of Eracom. "Through the joint efforts, we now offer unique values to the customers of both companies. We look forward to working more closely with iBIZ to build stronger customer focus in the secure payment marketplace." About Eracom Technologies Eracom Technologies is a leading developer and global supplier of cryptographic-based hardware and software products. As a pioneer in the IT security industry, Eracom offers strong and proven cryptographic products and security solutions to a wide range of industries and organizations in banking, finance, government and technologies. For over two decades, Eracom has developed several generations of Hardware Security Modules (HSMs) and implemented advanced cryptographic APIs. Eracom has successfully served and supported the ever increasing and the most stringent IT security needs with its electronic transaction security and privacy of information portfolios. Eracom is represented by a worldwide network of wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. and distribution channels. Together with its worldwide partners, Eracom is here to protect the future. For more information, visit us at www.eracom-tech.com About iBIZ Software, Inc. Founded in 2000, iBIZ is a pioneer in online payment card security and offers robust authentication solutions for the entire e-payments industry. The iBIZ 3-D Secure software, CommerSafe Product Suite, is suitable for both Verified by Visa and MasterCard(R) SecureCode(TM). iBIZ, backed by LSKW Investments LP in which the Ronald Lauder Ronald Steven Lauder (born February 26 1944 in New York City) is an American businessman, civic leader, philanthropist, and art collector. Forbes lists Lauder among the richest people of the world with an estimated net worth of $3.0 billion in 2007. Group is a major investor, is a valuable partner for payment card issuing banks, processors, acquiring banks, payment service providers and online merchants as well as channel partners. iBIZ Software is based in Bellaire, Texas Bellaire is a city in Harris County, Texas within the Houston-Sugar Land-Baytown metropolitan area. As of the 2000 U.S. Census, the city population was 15,642 and is completely surrounded by the cities of Houston and West University Place. and has customers and channel partners in the United States, Russia, Central and Western Europe and the Middle East. For more information, visit us at www.iBIZ-Software.com. |
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