Certicom to enhance Iomega's Peerless system security
Certicom Corp CIC
Shares issued 30,622,717 Feb 11 2002 close $2.800
Tuesday Feb 12 2002 News Release
Mr. Prakash Panjwani reports
CERTICOM'S SECURITY SOLUTIONS ENABLE "ENTERPRISE SECURE AND D ...
Iomega Corporation (NYSE: IOM), a global leader in reliable portable data storage, has licensed Certicom technology to provide enhanced security solutions for Iomega's popular Peerless disk drive system. Certicom's proven Security Builder tool kit creates a flexible security layer for enabling digital rights management and enterprise security into this new class of Iomega high-capacity removable data storage. This security layer is stored within each Peerless data storage cartridge in a SmartCard class secure memory device (SMD) with cryptographic authentication.
The versatile Peerless drive establishes a new capacity (20 gigabytes) and performance benchmark for removable storage devices in consumer and business applications. Iomega envisions third party e-security partners will use this embedded technology to enable secure communications between future Iomega secure drives and popular third party DRM (digital rights management) applications like Adobe, InterTrust and Microsoft. This technology enables DRM-protected content to be downloaded securely and locked to the disk itself. Iomega will also use Certicom's professional services for continued consulting on the design and review of secure drive solutions.
In order to provide flexible security for the enterprise and uniquely address the dedicated insider threat inherent in such organizations, an enterprise removable data storage security solution needs to check the validity of the portable media to ensure that it is trusted to handle content properly and that it does not violate enterprise-based usage and encryption rules. Certicom's powerful technology enables the architecture of such a solution. Certicom will also protect Peerless disk users against man-in-the-middle attacks by providing reciprocal authentication among the media, the drive and third party DRM or enterprise applications. Once content is secured to the disk, Iomega users can use the disk on multiple compatible portable devices. The solution is designed to provide a removable drive-based security building block for robust protection of both copyrighted content like music/video files and confidential enterprise content.
Certicom's Security Builder is a standards-based cryptography tool kit that provides application developers with the sophisticated tools and flexibility needed to integrate encryption, digital signatures and other security mechanisms into their applications. "We're confident that our collaboration with Certicom will encourage the e-security community to examine the security capabilities that Iomega high-performance removable data storage products can deliver," said Tim Dammon, director and product general manager, Iomega Corporation. "We believe this type of solution adds significant value to the overall solution package being offered to security-minded government and enterprise organizations. This relationship is a milestone in terms of enabling an advanced removable data security solution that integrates both hardware and software security methods with rewritable removable data storage." "Iomega's Peerless technology is a great solution that enables both professional customers and consumers alike to store the manifestations of their digital lifestyles easily," said Prakash Panjwani, senior vice-president of business development for Certicom. "Innovative companies like Iomega continue to turn to Certicom as a one-stop shop for trusted security solutions that enable them to deliver services that are content-protected in a manner transparent to their customers."
In addition to the solutions developed for Iomega, Certicom has also developed solutions for conditional access and content protection for Honeywell and XM Satellite Radio, and has licensed software to enable development of digital rights management to innovative application developers and service providers including: Digital Island, AvantGo, Slam Dunk Networks, Digital Owl, Globetrotter and HotLocker.
About Iomega
Iomega Corporation is a global leader in reliable portable data storage. Iomega's award-winning storage products include the popular Zip with 100-megabyte and 250-megabyte drives, the high-performance Peerless drive system with 10-gigabyte and 20-gigabyte disks, and external CD-RW drives. Iomega QuikSync automatic backup software and HotBurn CD-recording software simplify data protection and sharing at home, and in the workplace. For networks, Iomega markets DataSafe mid-range NAS servers. Iomega products help people capture, share, protect and secure their digital valuables. The company can be reached at 1-888-4-IOMEGA (888-446-6342), or on the Web at www.iomega.com.
WARNING: The company relies upon litigation protection for "forward-looking" statements.
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