U.S. Robotics and IRE Team to Announce Industry's First Complete Remote Access and Encryption System for Individuals, Enterprises and the Internet
New Strategic Relationship, Including x2, Expected to Accelerate Electronic Commerce and Remote Access over Internet and Public Networks
SKOKIE, Ill. and BALTIMORE, May 7 /PRNewswire/ -- U.S. Robotics (Nasdaq:USRX - news) and Information Resource Engineering Inc. (Nasdaq:IREG) today announced a strategic alliance, offering low-cost, highly secure communications products that allow companies to capitalize on new opportunities in the rapidly expanding electronic marketplace. The relationship includes joint sales, distribution and marketing, as well as possible joint development in the future. By teaming their best-of-breed product suites, the two companies will provide the industry's first remote access and encryption system for individuals, enterprises and the Internet.
U.S. Robotics' powerful filtering capabilities, which can limit which networking resources a user can access, password security and Virtual Private Networking combine with IRE's highly secure encryption, user authentication and security protocol technologies, for the most comprehensive network security available from any networking vendor. U.S. Robotics also brings to the relationship its breakthrough x2 technology that provides Internet and on- line downloads nearly twice as fast as standard V.34 modems. In combination, these features enable high-performance, secure remote access and protected electronic transactions over the Internet, to Web servers, hosts, databases, mail servers and virtually any networking resource.
This combination helps open the potential of the Internet and other networks for secure corporate connectivity and virtual private networking, secure online transactions and electronic commerce. For example, corporate customers using the U.S. Robotics/IRE solution could equip a remote sales force with mobile secure modems and provide secure remote access to the corporate LAN using the Internet. Individual customers using the U.S. Robotics/IRE solution with technology such as ``digital signatures,'' a mortgage transaction could be completed securely over the Internet.
IRE is a leading provider of enterprise network security systems that use encryption to protect computer networks, such as the Internet. Its encryption and security solutions are used by some of the world's most security-conscious financial and government organizations. Worldwide, U.S. Robotics is the number one supplier of remote access equipment to Internet Service Providers (ISPs) and the number one modem manufacturer. More people connect to the Internet through U.S. Robotics' equipment than any other company in the world.
How the Products Work Together: The Relationship Today
U.S. Robotics and IRE provide complementary products for secure information access for companies and individuals. Customers will be able to select from a menu of access and security products that let them customize their secure networks based on their needs. U.S. Robotics also plans to bundle IRE's low-cost SafeNet Soft security software with selected client modems to support electronic commerce applications. Companies and individuals will have a variety of options for authenticating remote users -- potential solutions such as a combination of passwords and ``smart card'' technology can be custom-tailored to an individual's unique security needs.
Once equipped with an IRE security ``token'', the remote user can then establish a ``virtual tunnel'' over the Internet to access data, using U.S. Robotics' Virtual Private Networking and x2 technologies. On top of this process, data will be encrypted with IRE's SafeNet technology. U.S. Robotics' ISP and corporate remote access customers can easily add IRE's SafeNet/LAN to existing equipment, with no change to U.S. Robotics' remote access hardware. IRE's SafeNet/Security Center, a comprehensive management center for IRE's products, will be integrated with U.S. Robotics' Total Control management software, allowing both products to be managed from a single desktop.
``There are two factors that demonstrate a clear market for this technology,'' said Ross Manire, senior vice president and general manager, U.S. Robotics' Network Systems Division. ``First, the data security market is growing at more than 70 percent a year -- showing the great need for secure information transfers. And second, the large existing Internet infrastructure and large national and multinational ISPs provide an environment that is ripe for corporate access. Security is the number one concern corporations have in using the Internet for corporate access for their remote and mobile users. Corporations need not invest in their own remote access infrastructure when secure access is possible through one of many ISPs who leverage the Internet as the transport mechanism.''
``Our goals in this partnership are quite aggressive and we believe clients of both companies will reap the rewards immediately,'' explained IRE Chairman Anthony Caputo. ``Customers will benefit from a broader set of security options, widely distributed through U.S. Robotics' extensive sales network and distribution channel. By combining IRE's highly secure technology with U.S. Robotics' remote access and Virtual Private Network technology, customers will have the best of both in a tested solution that's easy to integrate.''
About IRE
IRE's SafeNet/Enterprise product line provides the full suite of Internet security -- user identification, one-time password generation, access control, data encryption and packet authentication. SafeNet/Enterprise includes the SafeNet/Firewall, to protect connections for both public and private access to the Internet and SafeNet/LAN is used to protect Intranet connections, allowing only secure communication across the organization's Internet Virtual Private Network (VPN) at very low cost. Remote user options include SafeNet/Smartcard, a smartcard User Token combined with a card reader and software which operates without modifying application software, SafeNet/Soft, a software-only solution for remote users which is also application software transparent, and SafeNet/Dial Secure Modem, a pocket modem with hardware encryption for maximum security and performance.
Information Resource Engineering, Inc. is a leading developer and manufacturer of enterprise network security solutions that secure data transmissions on computer networks.
Organizations using IRE products include J.P. Morgan & Company, Chase Manhattan Bank, Bank of New York, and Banc One. IRE systems are installed at a number of major international organizations including Euroclear Operations Centre in Brussels, the Central Bank of Sweden, and the Post Office Savings Bank of Singapore, The United States Treasury Department, Lucent Technologies and the Federal Bureau of Investigation also use IRE Secure Communications Systems to protect sensitive data. |