Security software company uses Certicom cryptographic modules to provide advanced solutions to protect against data theft
MISSISSAUGA, Ontario – (August 31, 2006) – Data theft is a growing problem and organizations are demanding better protection to keep their information secure. ERUCES, a provider of data encryption software, is responding to these demands by licensing Certicom’s security modules to add Suite B algorithms to its products, Certicom Corp. (TSX: CIC) announced today.
Under the agreement, ERUCES has licensed Certicom’s Security Builder® GSE™, which includes AES for encryption and elliptic curve cryptography (ECC) implementations for digital signatures and key management, as well as Security Builder® SSL™ which includes a standards-based TLS (Transport Layer Security) protocol module for implementing a secure tunnel between a server and client device. For several years ERUCES has been offering solutions with open source alternatives but its customers, particularly government organizations, are now demanding ECC as outlined in the National Security Agency’s (NSA) Suite B guidelines.
“For the Department of Defense and other government organizations, Suite B is a must,” said Dr. Khulusi, president and CEO of ERUCES. “By using the Certicom ECC-based modules we are able to go forward quickly with a solution that has been tried and proven. We are offering our customers in the federal government, the DoD and others, the best data-at-rest encryption on the market to protect their data whether it is in databases, files or applications.”
Suite B is a set of cryptographic algorithms recommended by the NSA to provide standard, interoperable security for protecting unclassified and classified information. ECC-based algorithms are the only ones recommended for key agreement and digital signatures. AES is recommended for encryption. Suite B products will provide strong security that can be used by a wider audience to meet not only the evolving communications needs of the DoD but also those of state and local governments, Coalition partners, North Atlantic Treaty Organization (NATO) countries and industry.
“Data theft is a hot issue today and consequently more robust security technologies are being mandated,” said Ian McKinnon, president and CEO of Certicom. “ERUCES is taking a leadership position in adding ECC to its products to prevent attacks, and therefore help its customers avoid costly and damaging thefts.”
Under the terms of the agreement, ERUCES will pay Certicom a one-time licensing fee and royalties on a quarterly basis on deployment of products.
ERUCES is an encryption research and development company that builds and licenses data security/privacy solutions built on its Tricryption Technology Platform. It is the goal of ERUCES to continually lead the market with products and solutions that allow companies and organizations to protect the privacy, confidentiality and integrity of their most sensitive information. ERUCES’ corporate offices are in Lenexa, KS. Visit www.eruces.com
Certicom protects the value of your content, applications and devices with government-approved security. Adopted by the National Security Agency (NSA) for classified and sensitive but unclassified government communications, Elliptic Curve Cryptography (ECC) provides the most security per bit of any known public-key scheme. As the undisputed leader in ECC, Certicom security offerings are currently licensed to more than 300 customers including General Dynamics, Motorola, Oracle, Research In Motion and Unisys. Founded in 1985, Certicom's corporate offices are in Mississauga, ON, Canada with worldwide sales headquarters in Reston, VA and offices in the US, Canada and Europe. Visit www.certicom.com
Certicom, Certicom ECC Core, Certicom Security Architecture, Certicom Trust Infrastructure, Certicom CodeSign, Certicom KeyInject, Security Builder, Security Builder API, Security Builder BSP, Security Builder Crypto, Security Builder ETS, Security Builder GSE, Security Builder IPSec, Security Builder MCE, Security Builder NSE, Security Builder PKI and Security Builder SSL are trademarks or registered trademarks of Certicom Corp. All other companies and products listed herein are trademarks or registered trademarks of their respective holders. Information subject to change.
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Factors that might cause a difference include, but are not limited to, those relating to the acceptance of mobile and wireless devices and the continued growth of e-commerce and m-commerce, the increase of the demand for mutual authentication in m-commerce transactions, the acceptance of Elliptic Curve Cryptography (ECC) technology as an industry standard, the market acceptance of our principal products and sales of our customer's products, the impact of competitive products and technologies, the possibility of our products infringing patents and other intellectual property of fourth parties, and costs of product development. Certicom will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect Certicom's financial results is included in the documents Certicom files from time to time with the Canadian securities regulatory authorities.
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|Lisa Courtney Lloyd|