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Gold/Mining/Energy : NET NANNY SOFTWARE NNS-V

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To: philip trigiani who wrote (1476)11/17/1998 8:29:00 PM
From: philip trigiani  Read Replies (1) of 1681
 
Net Nanny Showcases New BioPassword Keystroke Dynamics Security
Solution for Windows NT Server at Fall Comdex
LAS VEGAS (Nov. 16) BUSINESS WIRE -Nov. 16, 1998-- First
Implementation of the Highly Anticipated Keystroke Dynamics Technology
Will Replace Standard NT Logon, Resulting in Greater
Security for Windows NT Server
Net Nanny Software International Inc. (NNS.V, NNSWF), announced BioPassword®
LogOn for Windows NT at Fall Comdex 1998.
The announcement marks the company's first implementation of BioPassword®,
their biometrics access control technology. Net Nanny will be demonstrating
this latest application of the technology at the Microsoft Partner Pavilion,
booth B17.
BioPassword® a totally software-based technology, uses a patented process to
measure each individual's personal keystroke rhythm. While entering a
password, a user's typing rhythm is measured to create an electronic
"profile." This "profile," based on several samples of the typing rhythm, is
stored by the system and authenticates users whenever they enter their
password.
"As a first product, BioPassword® LogOn for Windows NT is our response to
the industry's increasing need to improve password security in ways never
before possible," said Gordon Ross, President and CEO of Net Nanny Software
International Inc. "BioPassword® is cost-effective, reliable and designed to
integrate easily with other security technologies. Because passwords are
still the most widely deployed form of user-authentication today,
integrating BioPassword® into the existing password logon for NT makes a
great deal of sense."
Unlike other biometric security products, BioPassword® requires no
additional hardware-only a password and keyboard-and is therefore less
costly and less obtrusive than other biometric security products such as
retinal scans, voice- and face-recognition technologies and fingerprint
scanning. Initially, the BioPassword® technology will be offered as an
excellent logon alternative for Windows NT administrators who are looking
for an extra measure of security. The next phase of development will focus
on a Software Development Kit that will allow third-party developers to
weave it into other security solutions such as encryption, authentication
and VPN technologies. In the future, the company plans to adapt BioPassword®
into stand-alone login and document security products that can be purchased
by consumers.
"The cost each year in security breaches alone runs in the millions," said
Ross. "No existing security system is fool-proof. BioPassword® LogOn for NT
makes sense for those who believe that layering their security technologies
offers greater insurance against potential security breaches. BioPassword®,"
Ross continued, "addresses the increasing need to offer reliable, yet
cost-effective security solutions. Though BioPassword® will be completely
transparent to the end-user, IT professionals will immediately experience
the benefits of this technology."
Because BioPassword® is based on the way that people press keys, uses for
the technology include any application that requires a keyboard or keypad
for access such as computers, automated teller machines, automobiles and
telephones. Licensing the technology for integration directly into the BIOS
to deter machine thefts and unauthorized boot-ups, or hard coding it onto a
chip offers many exciting opportunities for hardware manufacturers who are
looking for a security solution that will give them an extra edge over their
competitors. BioPassword® is poised to become a key component in the
security solutions adopted by consumers and businesses that depend on easy,
cost-effective methods for protecting their data, both personal and
professional.
System Requirements and Availability
Net Nanny® plans on making BioPassword® LogOn for Windows NT-
Net Nanny plans on making BioPassword LogOn for Windows NT available for
download from its Web site in the first quarter of 1999. The program will be
quick and easy to install, automatically deploying a file to each client.
The company will also consider offers to distribute the product through the
OEM channel.
Future development plans, based on available resources, include adapting the
technology for the Unix, O/S2, Java and other operating system platforms.
Net Nanny® will also incorporate BioPassword® into their existing product
line, further enhancing the company's reputation as a leader in innovative
product design and a market leader in the emerging Internet filtering
market.
At Fall Internet World, early versions of BioPassword® were made available
for download by the media, analysts, home and corporate computer users to
experience the technology and offer their feedback. A demo of BioPassword®
remains available for download from the BioPassword® Web site at
www.biopassword.com <http://www.biopassword.com> .
About Biopassword® and Net Nanny Software International Inc.
Totally software-based, BioPassword® uses a patented process, owned
exclusively by Net Nanny Software International Inc., which utilizes
keystroke dynamic technology developed by top engineers at Stanford Research
Institute. It uses biometric (body characteristic) measurements and a
proprietary algorithm to record an individual's unique typing rhythm. The
technology can be used with any keypad, from computer keyboards to ATM
machines to telephones.
The Securities and Exchange Commission in the United States has accepted Net
Nanny Software International Inc.'s 20F Registration Statement. The
company's securities are now eligible to be reinstated for trading on the
Over the Counter Bulletin Board, regulated by the NASD, with the symbol
NNSWF.
The company is on the advisory committee of the U.S. Congressional Internet
Caucus and a member of the Association for Interactive Media, a trade
association that lobbies Congress on behalf of the Internet industry.
For additional information, visit BioPassword®'s web site:
www.biopassword.com <http://www.biopassword.com> , or visit Net Nanny's web
site: www.netnanny.com <http://www.netnanny.com> , or call the company
directly at 425/688-3008 for PR information or 604/662-8522 for sales and
technical information.
* 0- RYG/APS/se*

CONTACT: Net Nanny Software Inc.
 Public Relations

Nika Herford, 425/688-3008
 Cell, 206/601-3616

PR@netnanny.com <mailto:PR@netnanny.com>
 or

Net Nanny Software International Inc.
 Investor Relations

Brad McLean, 604/662-8522
 IR@netnanny.com <mailto:IR@netnanny.com>
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