CyberElan Now Evincible

Security Solutions Developer Will Continue Focus on Privilege, Privacy and Digitally Signed XML Transaction Management For Web-Based and Wireless E-Business

CHANTILLY, Va., March 2 /PRNewswire/ — CyberElan, a leading developer of business-to-business (B2B) security solutions is now Evincible. The company’s focus is unchanged, continuing to deliver scalable and comprehensive policy- centric security solutions that provide authorization, authentication, confidentiality, integrity, and non-repudiation capabilities to both Internet and wireless e-business applications.

“The name ‘Evincible,’ which means ‘demonstrable,’ more closely reflects our mission and defines our purpose: enabling strong, clear and trustworthy e- business,” said Vijay Takanti, Evincible Chief Executive Officer. “We’ve made great strides in identifying market needs, delivering our core products and developing and patenting new concepts in the last year. ‘Evincible’ further establishes a more immediate synergy with our current product direction and identity.”

Fourteen months after its founding, the Chantilly, Va.-based company officially opens its doors as Evincible today. The new company name will be supported by a range of advertising and promotional materials, including: clearly written point papers that discuss functional elements of e-security; industry-focused papers that describe timely e-security issues; and an improved Web site, http://www.evincible.com , that provides animated product descriptions, access to live interactive demonstrations, and enhanced content for partners.

Because existing software does not completely address all the logical information security needs of today’s e-business, Evincible has developed a line of enablers and differentiators for enterprise portals, market places, and trusted third-party service providers. Evincible’s flagship products facilitate interactions between large volumes of customers and business partners, providing role-based access control and enforcing sound policy for enacting legal and binding XML transactions . These products resolve the gap that exists between current Public Key Infrastructure (PKI) technology and robust business applications.

“The security of online business transactions is essential for the success of any business. We support that success with the most complete security solutions on the market today, and now we are supporting our products with a name that connotes strength and purpose,” added Takanti.

The current Evincible product offering includes:

Evincible Access(TM) – access and privilege management solution, provides enterprises with an easy-to-use policy-based solution to manage access to all their business application resources and business information. The solution architecture is extensible to both wired and wireless infrastructures concurrently plugging directly into web servers, application servers, and mobile communications servers with a highly secure and scalable “eCerberus(TM)” gatekeeper engine.

Evincible Ink(TM) – provides the key components of an infrastructure that ensures legally binding electronic transactions. Using Digital Signature and PKI technologies, it ensures integrity, privacy and non- repudiation of electronic transactions. Evincible Ink aids companies avoid and resolve disputed transactions.

Evincible Privacy(TM) – provides the capability to encrypt elements of XML documents using PKI technology without the requirement for client certificates. This solution ensures only privileged parties can decrypt confidential information

About Evincible

Evincible Inc. was founded at the start of the new millennium with a single purpose in mind: to strengthen and protect e-business. Our focus is providing products that bridge the chasm between business applications and software platform elements such as encryption toolkits, biometrics and the public key infrastructure (PKI). Using our software, customers can fulfill mission-critical business requirements for authentication, authorization, confidentiality, non-repudiation, integrity, and availability with greater ease, speed, and flexibility.

For more information about Evincible, please visit us on the Web at http://www.evincible.com or contact Margaret Kilday at 703-707-0975.

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