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Microcap & Penny Stocks : Datakey

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To: Robert Dirks who wrote (10)1/18/2000 4:27:00 PM
From: Robert Dirks  Read Replies (1) of 28
 
NUMBER TWO:

Rainbow and Datakey Team Up on iKey 2000 for Strong User Authentication and Secure Electronic Communications

iKey 2000 Benefits from Datakey's Proven PKI Technology

SAN JOSE, Calif., Jan. 18 /PRNewswire/ -- The iKey 2000 USB smart token from Rainbow Technologies (Nasdaq: RNBO - news), announced today at the RSA Security Conference 2000, is the first product delivered from a joint technology agreement between Rainbow and Datakey, Inc. (Nasdaq: DKEY - news), Minneapolis, a leading provider of smart card solutions for public key infrastructure (PKI) environments. The iKey 2000 sets a new standard for powerful PKI security in a compact token that can fit on a key chain. By using a computer's USB port, the iKey 2000 eliminates the need for smart card readers.

Demonstrations of the iKey 2000 are being held at the RSA 2000 Security Conference in San Jose, Calif., at Rainbow's booth #724 and at Datakey's booth #839.

Rainbow licensed Datakey's DKCCOS token operating system and an OEM- version of the SignaSURE(TM) Cryptographic Interface Provider (CIP) software for the iKey 2000. Datakey will also offer the iKey 2000 as part of its SignaSURE product line to give customers an advanced crypto-token to complement its popular smart card form factor. The iKey 2000/SignaSURE security solution combines iKey's powerful two-factor authentication with Datakey's proven PKI processor, token OS and PKI middleware software to give users robust PKI-based security.

``The SignaSURE technology-based iKey 2000 is an ideal fit for any organization that needs a rock solid PKI security solution,' said Shawn Abbott, chief technology officer, Rainbow Technologies. ``The combined solution enables secure access to business-critical information and applications via intranets, extranets, Virtual Private Networks and the Internet without the need for a smart card or smart card reader. Given Datakey's advanced PKI technology, the company was a natural partner for this solution.'

According to Carl Boecher, president and CEO, Datakey, the iKey 2000 is ideally suited for a growing number of companies turning to USB-based solutions for PKI.

``The iKey 2000 combines the strength of Datakey's extensible operating system and proven interface software with Rainbow's convenient and secure USB token,' said Boecher. ``As businesses look at the costs and security implications of developing a solid PKI, the iKey 2000 is a very attractive product. It offers unparalleled, two-factor security while controlling deployment costs because the USB-based iKey eliminates the need for a smart card reader.'

The iKey 2000 Difference: Powerful PKI Security on a Key Chain Rainbow's iKey is a portable PKI authentication token that can store digital certificates as well as generate a private key pair on a physical token quickly and efficiently. The iKey 2000 plugs into any standard USB port, providing users and remote clients with strong, two-factor authentication that ensures secure access and communications over public networks, such as the Internet, and private networks, such as intranets, extranets and Virtual Private Networks (VPNs). Through user credentials contained in each device, network administrators can grant or deny access based on the user's authorization level. Like smart cards and other cryptographic tokens, the iKey 2000 serves as a reliable, easy-to-use security solution, without the complexity and high cost of a smart card reader.

Datakey's SignaSURE: The Next Step in Information Security Products

The SignaSURE family of information security products uses public key, token-based information security to implement a two-level security scheme combining hardware tokens and passwords to deliver stronger levels of security than today's predominantly password-only authentication systems. All private keys are directly generated and stored on the iKey 2000 token, isolating them from exposure to the network.

About Rainbow Technologies

Founded in 1984, Rainbow Technologies is a leading provider of security solutions for the Internet and eCommerce. Rainbow applies its core technology to a variety of Internet applications from securing software, to the acceleration of secure communication for eCommerce and Virtual Private Networks (VPNs). Rainbow's products include secure Web server and VPN acceleration boards, anti-piracy and Internet software distribution solutions, PKI-based security solutions, voice, data and satellite security systems, as well as USB-based authentication tokens. The company is headquartered in Irvine, Calif., and maintains offices throughout the United States, United Kingdom, France, Germany, Australia, China, India, The Netherlands, Russia and Taiwan. A network of nearly 50 authorized distributors sells Rainbow products worldwide. For more information, visit our Web site at rainbow.com.

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 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 eCommerce. Datakey's 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. For more information, visit the Datakey Web site at datakey.com or access the company's news releases at prnewswire.com or via fax by calling Company News On-Call at 800-758-5804, extension 231950.

SOURCE: Datakey, Inc.
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