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Technology Stocks : VASCO Data Security (VDSI)
VDSI 21.800.0%Jun 5 5:00 PM EST

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From: JakeStraw2/29/2012 1:10:25 PM
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Kony and VASCO Form Alliance to Offer a Higher Level of Security for Mobile Applications
finance.yahoo.com

Kony Integrates VASCO’s Strong Authentication into its Mobile Application Development Platform

Kony Solutions, the leading mobile application platform provider, today announced it has formed an alliance with VASCO Data Security International, Inc. (Nasdaq: VDSI - News) to integrate VASCO’s DIGIPASS SDKstrong user authentication into Kony’s mobile application development platform. The joint Kony-VASCO solution has already been deployed by leading global financial institutions.

Kony is the industry’s leading mobile application platform provider, with more than 60 of the Fortune 500 among its customers.

VASCO is a world leader in strong authentication and e-signature solutions, specializing in online accounts, identities and transactions.

“We take mobile security very seriously. VASCO’s technology allows us to offer a cost-effective and user-friendly solution to secure all mobile channels,” said David Eads, VP & General Manager of Kony’s Financial Services Division. “With our joint offering, customers have continuous protection against online security threats, as well as the broadest, deepest, most future-proof mobile application platform on the market.”

“We are glad to announce this alliance between VASCO and Kony. Both parties acknowledge the growing importance of mobile devices and their capabilities,” says Jan Valcke, President and COO at VASCO Data Security. “We are enhancing both our portfolios with innovative and leading solutions. Together with Kony, we are building a secure mobile environment.”

Kony’s flagship product is its KonyOne mobile enterprise application platform, which supports both business to consumer (B2C) and business to employee (B2E) applications; Kony’s “Write Once, Run Everywhere” technology enables developers to deploy applications across more than 9,000 mobile smartphones/tablets/kiosks and operating systems from a single codebase. Changes and upgrades can then be handled rapidly, without the need for rebuilding or republishing the mobile apps.

All Kony applications can be delivered in native and mobile web (HTML5 and non-HTML5) and Kony is the only vendor to offer Service Level Agreements (SLAs) for support of new operating systems, form factors, and devices, thereby enabling enterprises to stay ahead of the mobile technology curve.
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