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Technology Stocks : Smart Cards

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To: caly who wrote (88)1/26/2000 1:28:00 PM
From: Eric L  Read Replies (2) of 343
 
calypso,

<< Rainbow's IKey product>>

ot smart card but more interesting Rainbow:

RAINBOW'S CRYPTOSWIFT PROVIDES ECOMMERCE ACCELERATION FOR NETWORK ENGINES' COMMERCEENGINE

IRVINE, CA -(BUSINESS WIRE)- Jan. 25, 2000

Rainbow Technologies' Signs Key OEM Agreement to Speed Internet Security Protocols for eCommerce

Rainbow Technologies Inc., (Nasdaq:RNBO), a leading provider of high-performance security solutions for the Internet and eCommerce, and Network Engines (www.networkengines.com) Tuesday entered into an OEM agreement to add Rainbow's CryptoSwift(TM) eCommerce accelerators in Network Engines' new CommerceEngine(TM) Internet server appliance.

Adding CryptoSwift to CommerceEngine provides eBusinesses with a means of deploying and managing a scalable server platform for handling large volumes of Web transactions securely and efficiently.

CommerceEngine is a fast, reliable and secure transaction processing platform for eCommerce companies competing for online customers. CommerceEngine, which is a scalable Internet appliance, can process as many as 200 transactions per second in a highly secure hardware architecture. The CryptoSwift cards provide CommerceEngine with increased capacity, speed, system availability and performance for scalable eBusiness environments and applications.

"In today's eBusiness economy, speed, security and reliability are essential for building a competitive edge," said Shawn Abbott, chief technology officer, Rainbow Technologies. "CryptoSwift leverages the flexibility and scalability of Network Engines' CommerceEngine and ensures the fastest and most robust acceleration of standard eCommerce security protocols for optimum eBusiness performance."

"With our new Internet Appliance Architecture, Network Engines is looking to provide customers with a simple, cost-effective alternative for building or enhancing their Internet computing backbone," said Larry Genovesi, president and CEO, Network Engines. "By deploying Rainbow's CryptoSwift in our CommerceEngine server appliances, customers will be able to support the Internet's most demanding application -- e-commerce transaction processing -- quickly and easily."

CommerceEngine is part of Network Engines' Internet Appliance Architecture, which includes fast, powerful application-specific Internet server appliances that are easy to use and manage, and perform better than traditional servers. According to IDC, the worldwide appliance server market that will exceed $7.9 billion in revenues and more than 2 million units shipped by 2003.

Rainbow Technologies' CryptoSwift is a key component of CommerceEngine, and accelerates the public-key cryptographic functions of SSL, SET, and other widely used security protocols. Using patent-pending technology, CryptoSwift contains a public key math processor that off-loads and speeds up the operations of a secure Web server's main processor.

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 communications 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 security solutions, voice, data and satellite security systems, as well as USB-based authentication tokens.

The company has headquarters in Irvine and maintains offices throughout the United States, the United Kingdom, France, Germany, Australia, China, India, The Netherlands, Russia and Taiwan. Rainbow's network of nearly 50 authorized distributors sell the company's products worldwide. For more information, contact Rainbow at 800/852-8569 or see the company's Web site at rainbow.com.

About Network Engines

Network Engines created the scalable Internet appliance, a high-density server that supports the largest Web-based applications for dot.com companies, Internet service providers, application service providers and larger enterprises. The company was founded in 1997 and is based in Randolph, Mass. For more information, visit the company Web site at www.networkengines.com.

- Eric -
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