Certicom’s Security Technology Supports FIPS 140-2 Certification for Sybase
MISSISSAUGA, Ontario – (October 14, 2008) – Certicom Corp. (TSX: CIC) today announced that Sybase, Inc. (NYSE: SY), a leading provider of enterprise infrastructure and mobile software, will use Certicom’s Security Builder® family of security solutions to achieve FIPS 140-2 certification, the benchmark standard for government agency data security. Under the license terms, Sybase has the right to incorporate Certicom’s security solutions into a wide variety of its enterprise and mobility offerings, including database applications, applications servers and synching technology.
Sybase® solutions enable customers to access information securely from the data center anytime, anywhere. The company has been recognized by customers in financial services, telecommunications, healthcare and government as the trusted provider to manage and mobilize their sensitive information.
FIPS 140-2 is the security requirement for cryptographic modules as defined by the National Institute of Standards for Technology (NIST). The standard is required for sale of products implementing cryptography to the Federal Government. Companies who lack a FIPS 140-2 validation and are unable to prove that such a validation is in the process of being obtained will not be able to access the government market with its products.
“We are pleased that Sybase continues to partner with Certicom for its database security needs,” said Karna Gupta, CEO of Certicom. “Managing and mobilizing information is a key priority for Sybase customers. Certicom security solutions help Sybase customers gain confidence that their information is secure at all times, on any device.”
Certicom manages and protects the value of content, applications and devices with government-approved security. Adopted by the National Security Agency (NSA) for government communications, Elliptic Curve Cryptography (ECC) provides the most security per bit of any known public-key scheme. As the global leader in ECC, Certicom’s security offerings are currently licensed to hundreds of multinational technology companies, including IBM, General Dynamics, Motorola, Oracle and Research In Motion. Founded in 1985, Certicom’s corporate offices are in Mississauga, Ontario, Canada with worldwide sales and marketing headquarters in Reston, Virginia and offices in Europe and Asia. Visit www.certicom.com.
Certicom Safe Harbor Statement
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Forward-looking information includes information concerning Certicom's future financial performance, business strategy, plans, goals and objectives. When used in such documents, the words "plans", "expects", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "will", "believes" or variations of such words and phrases often, but not always, identify forward looking statements. Factors which could cause actual results or events to differ materially from current expectations include, among other things: the ability of Certicom to successfully implement its strategic initiatives and whether such strategic initiatives will yield the expected benefits; the ability of Certicom to develop, promote and protect its proprietary technology security breaches or defects in Certicom's products; competitive conditions in the businesses in which Certicom participates; changes in consumer spending; the outcome of legal proceedings as they arise; general economic conditions and normal business uncertainty; consolidation in Certicom's industry and by its customers; customer preferences towards product offerings; the risk that customers may cancel their contracts with Certicom; reliance on a limited number of customers; demand for ECC-based technology; performance of Certicom's management team and Certicom's ability to attract and retain skilled employees; operating Certicom's business profitably; fluctuations in revenue and foreign currency exchange rates; interest rate fluctuations and other changes in borrowing costs; the ability to develop and maintain strategic relationships; and other factors identified under the heading "Risk Factors" in Certicom's annual information form dated July 21, 2008 and filed on SEDAR at www.sedar.com.
Sybase is a registered trademark of Sybase, Inc.
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