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Technology Stocks : Security Dynamics SDTI -- How much money can they make?? -- Ignore unavailable to you. Want to Upgrade?


To: Zainul Hamza who wrote (1215)3/15/1999 8:15:00 AM
From: Norm Demers  Respond to of 1614
 
Here ya go:

InternetNews.com

International News

Security Dynamics Expands In Asia
Offering New PKI Line
March 12, 1999
Hans Lombardo, Managing Editor, asia.internet.com
International News
Archives

As Security Dynamics Technologies Inc (SDI) (NASDAQ: SDTI) launches its
Keon public key infrastructure (PKI) products, the provider of enterprise network
and data security solutions is gearing up for expansion in Asia.

"We are expanding heavily through Asia," said Simon Naylor, Security Dynamics
vice president, Asia Pacific. "In Hong Kong , we will be opening our new office at
the end of the month."

The Hong Kong office will be staffed with five personnel and will cover the Greater
China market. A Beijing office will be opened in September of this year with a
second branch in Australia being set up in Sydney sometime this year.

Although the network security firm only sells through partners, it already has offices
in Seoul, Kuala Lumpur, Brisbane, and a regional office in Singapore with total
regional staff to be around 30 after the new additions. "Even though the region is
having a hard time, we believe that it's going to bounce back," commented Naylor.

"If you look across the region, our largest customer sector is banking and finance.
The second largest sector is telcos and ISPs," said Naylor. "Then, its the general
commercial sector and government organizations."

In Hong Kong, the company has recently acquired the Customs & Excise
Department as a client which has a requested a complete enterprise security
system.

In Singapore, SDI provides its identification and authentication products and
services to the Ministry of Manpower, the Housing Development Board, Singapore
Press Holdings, DBS Bank, the Land and Transport Authority, Abacus, and
Singapore Telecom.

Globally, SDI is known as a provider of two-factor user identification and
authentication with allegedly over 4 million user in 3,000 organizations utilizing its
SecurID and ACE/Server products.

Used in conjunction with the ACE/Server, the SecurID credit card size token, with
a seed record that is common to the server, generates a new access number every
60 seconds. Only a combination of this new number and a PIN number gains
access to the network.

After buying RSA Data Security Inc., the standard-bearer in encryption
technologies, in 1996, SDI has been able to provide a useful combination of
standard authentication and encryption technologies and application security and
access control--leveraging the two types of skill sets off each other.

With RSA as a subsidiary, SDI has developed a new family of PKI software
products, branded as Keon and designed for issuing and managing digital IDs over
corporate networks and the Internet.

Keon includes a certificate server, used by a certificate authority (CA) to issue
certificates, toolkits, and an overall PKI framework that can be embedded in
computer applications.

The products are designed for enterprise customers, software developers, and
equipment manufacturers that can use the new RSA technology in their own
products.

"Keon products are designed to address many of today's security needs--from a
certificate server that developers can build into their applications, to an enterprise
PKI supplying digital certificates for Web commerce applications," said Naylor.

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