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Microcap & Penny Stocks : Datakey

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To: caly who wrote (9)1/18/2000 4:25:00 PM
From: Robert Dirks  Read Replies (1) of 28
 
TWO releases today. Looks like these guys have the smart card business by the tail.......

Datakey Delivers First-Ever 32K Crypto-Smart Card For Securing Business-to-Business E-Commerce

MINNEAPOLIS, Jan. 18 /PRNewswire/ -- Datakey, Inc. (Nasdaq: DKEY - news; datakey.com), an international leader in smart card solutions for public key infrastructure (PKI), today announced the availability of its Model 330 PKI smart card solution. Datakey's Model 330 PKI smart card solution is the first to provide 32K of EEPROM space for the storage of multiple digital credentials, user data and application programs and to employ up to 2048-bit RSA keys for increased information security. The solution offers the largest demonstrated PKI interoperability in the industry.

Representatives from Datakey will demonstrate the Model 330's advanced capabilities from Jan. 17 to Jan. 19 at the company's booth (#839) during the RSA Conference 2000 in San Jose, Calif.

``As a pioneer in the information security and PKI industries, Datakey consistently has delivered the advanced smart card solutions required for confidential information exchange and strong user authentication over the Internet, intranets, extranets and virtual private networks,' said Carl Boecher, president and CEO of Datakey. ``With the Model 330 card, Datakey again is blazing the trail in the PKI industry by delivering the most advanced cryptographic smart card for securing business-to-business e-commerce transactions -- with 32K storage capacity, 2048-bit RSA key capabilities and continued support for DSS 1024-bit keys.'

FIPS 140-1 Level 2

Datakey's Model 330 smart card solution was designed to meet stringent security standards and is currently being tested for FIPS 140-1 Level 2 compliance by a certified third-party laboratory. FIPS 140-1 Level 2 certification is a government standard that specifies the necessary security requirements for a cryptographic module used to protect unclassified information. The standard certifies the strength of the smart card's security and offers high assurance to corporations and government agencies seeking products for secure information exchange and strong user authentication.

Earning FIPS 140-1 Level 2 certification is an important prerequisite for selling smart tokens to government agencies; it puts Datakey on a short list of providers qualified to sell smart cards to the U.S. government.

FIPS 140-1 Level 2 compliance is also important to Datakey partner CyberTrust -- a leading enabler of secure extranets and e-commerce for organizations -- and its corporate and government customers. ``CyberTrust is partnering with Datakey on a pilot program that requires a FIPS 140-1 Level 2-validated smart card for storing and processing Class-4 digital certificates,' said Peter Hussey, president of CyberTrust. ``Datakey's smart cards were chosen for the pilot because they will meet FIPS certification and offer some of the most advanced features in the industry.'

The largest demonstrated PKI interoperability in the industry

Datakey's Model 330 smart card and proven cryptographic interface software provide simultaneous support for both PKCS #11 and Microsoft's CryptoAPI industry standards, offering rapid and seamless deployment with industry-leading PKI and application software.

Bob Heard, senior vice president of marketing and business development at Entrust Technologies, a Datakey partner and industry leader in providing PKI solutions that bring trust to e-business, said the extra storage space on Datakey's Model 330 smart cards is a key feature in supporting Entrust's technology. ``With the release of Entrust 5.0, 8K of storage space just wasn't enough to handle a user's profile and digital credentials,' he said. ``By providing 32K of storage space, Datakey smart cards can handle multiple profiles, certificates and key pairs. Entrust users can take advantage of Datakey smart cards to enhance the security of their PKI by implementing them for secure storage and processing of their digital credentials.'

Paddy Holahan, executive vice president of marketing at Baltimore Technologies -- a global leader in e-commerce and enterprise security solutions -- said the addition of the elliptic curve cryptography algorithm to Datakey's Model 330 smart cards is an important feature for many Baltimore customers. ``As Baltimore continues its strong initiatives in the mobile e- commerce marketplace with the recent launch of Telepathy, we were very happy to see that, with the new Model 330 smart cards, Datakey has extended its multi-encryption algorithm support to include elliptic curve technology,' Holahan said. ``Elliptic curve support, combined with 32K of storage, will allow our customers the option of secure wired or wireless communications using only one smart card.'

?Datakey's Model 330 smart card solution features:?32K of on-card storage space?FIPS 140-1 Level 2-compliance?On-card key pair generation?Public, private and secret key operations on-card?2048-bit RSA keys?Faster cryptographic performance?Compatible with the PC/SC standard?Multiple encryption algorithm support (RSA, DSA, ECC, DES)?An extensible operating system that allows for multi-application

support
? On-token hardware random number generator for secure generation of cryptographic keys

About Datakey, Inc.

Datakey, Inc. is a leading international provider of smart card solutions for PKI. Headquartered in Minneapolis, Minn., the company offers a family of smart card-based information security and digital signature products under the SignaSURE(TM) umbrella. Using state-of-the-art cryptographic technology, these products fill growing market needs for secure, smart card-based user authentication and data privacy for business-to-business e-commerce. Datakey's smart card-based information security products play an integral role in any PKI system by providing two-factor security -- something that is owned (a smart card) and something that is known (a password).

Shares of Datakey's common stock are traded on Nasdaq under the symbol DKEY. You can find more information on the Datakey Web site at www.datakey.com. You can view all Datakey press releases on the Web site, at www.prnewswire.com or via fax by calling Company News On-Call at 1-800-758-5804, ext. 231950.

SOURCE: Datakey, Inc.
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