Actividentity Corp (MM) (NASDAQ:ACTI)
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5 Years : From Dec 2008 to Dec 2013
ActivIdentity Corporation (NASDAQ: ACTI), a global leader in strong authentication and credential management, today announced it has joined the Transglobal Secure Collaboration Program (TSCP) in the silver membership category for a second year. As a member, ActivIdentity recognizes the role TSCP plays in developing and deploying secure information sharing solutions in highly sensitive environments and commits to contributing to the integration and adoption of TSCP standards.
ActivIdentity's Chairman and Chief Executive Officer Grant Evans will participate in the TSCP Business Week Executive Forum, hosted by the United States Department of Defense, along with other industry dignitaries September 14-16, 2010 in Leesburg, Virginia. The discussion will center on TSCP's Secure Email: Version 1 specification which allows organizations to send digitally signed and encrypted email.
Email has become an indispensible part of the business fabric of every enterprise. Much of the email traffic generated by aerospace and defense companies and government organizations is sensitive and must be protected against eavesdropping. The International Aerospace and Defense Industry Secure E-Mail Capability have been proposed to address these concerns. ActivIdentity is a contributor to TSCP's Secure Email: Version 1 solution, along with Northrop Grumman and BAE Systems, that has been approved and adopted by the Aerospace Industries Association and Aerospace and Defense Industries of Europe.
At the TSCP Business Week event, ActivIdentity will demonstrate how a smart phone such as a BlackBerry can be used to conduct secure digital transactions with a compatible smart card. ActivIdentity's new mobile security solution provisions public key infrastructure (PKI) and Federal Information Processing Standard (FIPS) 201-compliant credentials onto BlackBerry® smart phones. Using a secure microSD™ card designed by Giesecke & Devrient, ActivIdentity enables BlackBerry users to sign secure emails digitally or provide two-factor authentication when remotely accessing protected network (Web) portals.
For mobile professionals whose organizations have issued credentials for Personal Identity Verification (PIV), PIV-Interoperable (PIV-I), PIV-Compatible (PIV-C), and other smart cards, many mandatory digital transactions become impossible on a BlackBerry without some way to link or embed a smart chip and credential to the phone. ActivIdentity's new mobile credential and authentication solution allows smart card credentials to be issued to a secure microSD residing in a BlackBerry smart phone's expandable microSD card slot. The solution enables PKI to work natively at full strength on the smart phone.
"We are honored to join TSCP in their efforts to enable secure information sharing within and between industry and governments," said Grant Evans, chairman and chief executive officer at ActivIdentity. "ActivIdentity brings to TSCP more than two decades of experience in confidently establishing a person's identity when interacting digitally. The company's solutions are embraced by governments and large organizations to defend against security threats and identity fraud. We will continue to collaborate with industry leaders to ensure best-of-breed solutions align with TSCP specifications."
As security threats to critical assets around the world increase and become more sophisticated, the need for a common, robust approach to ensuring the protection of information escalates. Meeting this need is the core mission of TSCP -- the aerospace and defense (A&D) industry's consortium dedicated to identifying, prioritizing, developing, and testing requirements for all aspects of information-sharing -- from identity management and secure email to document sharing with identity federation.
"TSCP's Business Week Expo is a venue for TSCP members to showcase existing and future secure information sharing capabilities for the aerospace and defense community," said Keith Ward, TSCP chairman. "Participating companies are the backbone of secure collaboration and the foundation of the public-private partnership. These companies are reducing the risk of Advanced Persistent Threat while keeping overall program costs in control."
TSCP members include global government and defense agencies, leading A&D companies, and solutions providers. For more information, please visit www.tscp.org.
TSCP is the only global government-industry partnership specifically focused on designing solutions to address the most critical issues facing the A&D industry: mitigating the compliance, complexity, cost and IT security risks inherent in large-scale, multi-national collaborative programs. TSCP was founded in 2002, and has delivered several specifications and guidance documents on securing A&D supply chain data. The group today focuses on identity federation policies and governance. TSCP is open to government organizations, prime contractors, integrators, suppliers and member trade groups. For more information, please visit www.tscp.org.
ActivIdentity Corporation (NASDAQ: ACTI) is a global leader in strong authentication and credential management, providing solutions to confidently establish a person's identity when interacting digitally. For more than two decades the company's experience has been leveraged by security-minded organizations in large scale deployments such as the U.S. Department of Defense, Nissan, and Saudi Aramco. The company's customers have issued more than 100 million credentials, securing the holder's digital identity. ActivIdentity is headquartered in Silicon Valley, California. For more information, visit www.actividentity.com.
ActivIdentity and 4TRESS are registered trademarks in the United States and / or other countries. All other trademarks are the property of their respective owners in the United States and / or other countries.
Safe Harbor Statement
The statements in this press release that are not historical facts are forward-looking statements that involve risks and uncertainties. These risks and uncertainties include risks relating to our history of losses and need for revenue growth and cost containment, the integration of acquired business and technologies, the variability of our quarterly results, and other risks identified under the caption "Risk Factors" in our most recent Annual Report on Form 10-K, and in subsequent Quarterly Reports on Form 10-Q, which are filed with the United States Securities and Exchange Commission (SEC). There can be no assurance that we will achieve targeted levels of revenues for fiscal 2009 or that our strategic initiatives will result in the anticipated benefits. Copies of our SEC filings, which have more information about these and other risks, are available from the Company and on the SEC website at www.sec.gov. Actual results, events and performance may differ materially from our forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The company disclaims any intention to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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ActivIdentity Press Contact
Madison Alexander PR
T +1 714.832.8716
Director, Corporate Marketing
T +1 510.574.1783
TSCP Silver Membership Director
T +1 703.793.7872
TSCP Media Contact:
Corporate Ink Public Relations
T +1 617.969.9192