To: JAS who wrote (1459 ) 10/6/1998 6:07:00 PM From: philip trigiani Read Replies (1) | Respond to of 1681
Net Nanny* Announces BioPassword*, "First of its Kind" Keystroke Dynamics Security Technology, at Fall Internet World Much anticipated technology will benefit e-commerce, corporate network, remote access and home PC security October 7, 1998, Fall Internet World '98, New York, NY - Net Nanny Software International Inc. (NNS.V, NNSWF), today announced BioPassword*, an eagerly anticipated new biometric access control technology. BioPassword® is a totally software-based technology that uses a patented process to measure each individual's personal keystroke rhythm. While entering a password, a user's typing rhythm is used to create an electronic "profile." This "profile" is stored by the system and authenticates users whenever they enter their password. Net Nanny will be providing demonstrations of the technology at booth number 1278. Passwords are the most widely deployed form of user-authentication today in both the corporate and consumer markets. BioPassword® occupies a unique position as the only "keystroke dynamics" security solution of its kind. Unlike other biometric security products, BioPassword® requires no additional costly 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 through a Software Development Kit ("SDK") to third-party developers who will be able 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 log-in and document security products that can be purchased by consumers. "As the Internet becomes a more dominant force in business and consumer arenas, password protection and authentication will become that much more important to corporations and individuals worldwide," said Gordon Ross, President and CEO of Net Nanny. "It's no secret that security breaches have resulted in millions of dollars in losses for some of the largest companies in the world. BioPassword* addresses the increasing need, in both corporate and home environments, to provide cost-effective, reliable, virtually foolproof password management and access control solutions." Anticipated applications for BioPassword® range from e-commerce and online banking to security for networks. Because the technology is keyboard and software driven, additional uses for the technology include any application that requires a keyboard or keypad for access such as computers, automated teller machines, telephone, and keyboard locks. SYSTEM REQUIREMENTS AND AVAILABILITY BioPassword* will initially be available, through the licensing of a COM-based Software Development Kit to third-party developers who wish to incorporate biometric technology into their own development efforts. The technology will also be available through the OEM channel and through downloads from the Company's website - <http://www.biopassword.com> www.biopassword.com. BioPassword* currently runs on Windows 95, 98, and Windows NT with plans to develop the technology for deployment within the Windows CE environment in the future. The Company also plans to incorporate BioPassword* into Net Nanny's 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. In August, the Alpha version was made available for download by the media, analysts, home, and corporate computer users to offer their feedback and marketing ideas. A demo of BioPassword* remains available for download at 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. Net Nanny 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 website: www.biopassword.com, or visit Net Nanny's website: www.netnanny.com, or call the Company directly at (425) 688-3008 for public relations information or (604) 662-8522 for technical information. Net Nanny Software International Inc. Gordon A. Ross President and CEO The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this Press Release.