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RAINBOW/KYBERPASS TARGET EUROPEAN E-SECURITY MARKETPLACE.

Rainbow Technologies (NASDAQ:RNBO) a provider of high- performance security solutions for the Internet and e-commerce, and Kyberpass Corporation, a provider of e-security software for trusted e-business, have signed a strategic teaming agreement designed to increase one another's presence in the European e-security marketplace.

The partnership allows both companies to combine unique and complementary qualifications that elevate the level of their professional services to a more competitive solution. The teaming agreement applies to the European e-security marketplace with Kyberpass supplying e-security software products and Rainbow supplying smart card and hardware cryptographic modules. In addition, the agreement outlines provisions for joint-sales initiatives, strengthening each company's marketing position.

"I am excited about the potential of our partnership with Rainbow Technologies. The synergies between our two organizations exist on many levels and this agreement provides a strong framework to exploit those synergies to our mutual advantage," said David Lynch, European managing director of Kyberpass Corporation.

"Our partnership with Kyberpass is very exciting. It brings together ease of access and administration with strong authentication, which are the essential elements of successful security for e-business," said Graham Peat, European marketing manager for Rainbow Technologies. "We are very pleased to be working with Kyberpass to accelerate the adoption of our iKey2000 products for PKI solutions throughout Europe."

About Rainbow Technologies

Founded in 1984, Rainbow Technologies is a leading provider of security solutions for the Internet and e-Commerce. 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; PKI-based security solutions; voice, data and satellite security systems; smart cards and USB-based authentication tokens. The company is headquartered in Irvine, California, and maintains offices throughout the United States, United Kingdom, France, Germany, Australia, China, India, The Netherlands, Brazil and Taiwan. A network of nearly 80 authorized distributors sells Rainbow products worldwide.

For more information, visit http://www.rainbow.com or http://www.rainbow.fr or http://www.rainbow.de.

About Kyberpass Corporation

Kyberpass delivers a new generation of e-security TrustPlatforms for B2B exchanges and e-government. With millions of licensed users around the world, Kyberpass' award-winning security solutions seamlessly allows any application to take advantage of the full power of Public Key Infrastructure (PKI), while automatically implementing customers' unique security policies and dramatically simplifying administration. Kyberpass enables the implementation of a total security solution in a matter of days, rather than months or years. Kyberpass supports all major PKIs and provides the most flexible e-security infrastructure available on the market today.

For more information, visit http://www.kyberpass.com or call 613/727-6556, ext. 303.
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Title Annotation:Company Business and Marketing
Comment:RAINBOW/KYBERPASS TARGET EUROPEAN E-SECURITY MARKETPLACE.(Company Business and Marketing)
Publication:Worldwide Telecom
Geographic Code:1USA
Date:Jun 1, 2001
Words:449
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