Industry’s Market Leading USB Authentication Token To Provide Improved Authorization Services to Web-Enabled Applications
IRVINE,Calif.-April 15, 2002-Rainbow eSecurity, a Rainbow Technologies, Inc. (Nasdaq: RNBO) company and a leading solutions provider of digital content and transaction security, and Entrust, Inc. (Nasdaq: ENTU), a leading global provider of Internet security solutions and services, today announced that the iKey 2000 USB authentication token is in the process of being tested as one of the industry’s first security tokens to support the new Entrust TruePass software. It is planned that users will be able to leverage the integration of iKey 2000 and Entrust TruePass software for stronger user identification, two-factor authentication, verification and easier installation and deployment functionality.
The integration of the iKey 2000 with Entrust TruePass software is designed to both improve security for an end user’s digital identity and help provide an easier and more effective way to secure access to business-critical Web-enabled applications.
“We are looking forward to the completion of the testing of the iKey 2000 USB authentication token,” said David M. Lynch, vice president of marketing, Rainbow eSecurity. “Large enterprise environments can benefit from this solution’s improved installation and deployment capabilities that helps to remove the complexity normally associated with deploying strong Web security technology. We look forward to working on additional integration opportunities with Entrust for our growing Web security product family.”
“Working with Rainbow can help open new doors for enhanced security solutions designed for both government and commercial enterprises,” said Ian Curry, vice-president, product management and strategy, Entrust. “Entrust TruePass 6.0 software is a core element of our Secure Web Portal Solution, which enables organizations to securely conduct valuable and sensitive online transactions with customers, citizens, suppliers, partners and employees through strong identification, an auditable transaction record and industry-leading data protection and privacy capabilities.”
According to IDC’s report, “Hardware and Biometrics Authentication, Part 2: the Fall Software Sequel,” Rainbow was the world’s leading provider of USB authentication tokens in 2000. IDC reports that Rainbow’s worldwide share of the USB authentication token market accounted for 35 percent of the market in 2000. Rainbow expects to maintain its lead as sales of iKey nearly doubled in 2001. According to IDC forecasts, the USB token market could reach $276.6 million by 2005. Rainbow’s iKey is the industry’s leading family of USB-based Web authentication tokens and is available in two products series – the iKey 1000 series for Windows 2000 environments and the iKey 2000 series for PKI and high assurance environments.
About iKey 2000 Series USB Tokens
The iKey 2000 series allows users to store their digital identities on a device that fits on their key chains. The iKey 2000 is specifically designed for use in PKI environments where on-board private key signing and storage is critical. The iKey 2000 supports enterprise, business-to-business and business-to-consumer applications built on all major PKI systems including: Entrust, CA eTrust PKI, Microsoft (Internet Explorer and Outlook), Netscape, Baltimore, Xcert, Verisign, CyberTrust, Check Point, Aventail, KyberPASS and many others. The iKey 2000 works out of the box with all of these PKI environments. The iKey 2032 is FIPS 140-1 Level 2 certified by the National Institute of Standards and Technology (NIST). The iKey 2032 was recently modified for Windows 2000 security for European environments.
About Entrust TruePass Software
Entrust TruePass software can help organizations verify the credentials of users that visit and use their Web site or portal. It can enable organizations with industry-leading protection of Internet privacy and verification of online transactions. Information that is protected by Entrust TruePass software is secured as it is transmitted over the Internet and when it is stored on the Web server and back end servers.
About Rainbow Technologies
Founded in 1984, Rainbow Technologies is a leading provider of security solutions for the Internet and eCommerce. Rainbow applies its core technology to a variety of Internet applications from securing software, custom high assurance security hardware, complete eBusiness services and content/transaction security solutions corporate networks, Virtual Private Networks (VPNs), and the Internet. Rainbow’s products include; secure Web server acceleration solutions; anti-piracy and Internet software distribution solutions; PKI-based security solutions; voice, data and satellite information security and authentication solutions; and USB-based Web authentication tokens. Rainbow eSecurity, a Rainbow Technologies company, has headquarters in Irvine, California, and has offices throughout the United States, United Kingdom, France, Germany, Australia, China, Japan, India, The Netherlands, Brazil, Mexico and Taiwan. A network of nearly 80 authorized distributors sells Rainbow products worldwide. For more information, visit our Web site at http://www.rainbow.com
About Entrust, Inc.
Entrust, Inc. (Nasdaq: ENTU) is a leading global provider of Internet security solutions and services that make it safe to do business and complete transactions over the Internet. Entrust has the industry’s broadest set of identification, entitlements, verification, privacy and security management capabilities. Major corporations, service providers, financial institutions and government agencies in more than 40 countries rely on the privacy, security and trust provided through Entrust’s portfolio of award-winning technologies. For more information, visit Entrust’s web site at www.entrust.com.
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Rainbow Technologies and iKey are trademarks of Rainbow Technologies, Inc. All other company and product names are trademarks of their respective organizations.
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Certain information included in our Annual Report on Form 10-K and other materials filed with the Securities and Exchange Commission (“SEC”) (as well as information included in oral statements or other written statements made or to be made by the Company) contain statements relating to the following: dependence upon existing and new product offerings, competition, intellectual property and licensing, future growth, rapid technological and market change, manufacturing and sourcing risks, Internet infrastructure and regulation, the inclusion of network security functionality in hardware or system software, international operations, among others These conditions involve important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by or on behalf of the Company. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to beliefs, plans, expectations, or intentions regarding the future The Company assumes no obligation to update information concerning its expectations.