Rainbow (NASDAQ:RNBO)
Historical Stock Chart
From Nov 2019 to Nov 2024
Rainbow Technologies and HID Corporation Team Up on Industry's First Integrated
RF Access Control/USB Authentication Token for Secure Physical Access and
Computer Network Security
New RFiKey Combines Contactless Access Control Technology With Robust Two-Factor
Authentication in a Single Device That Provides Physical Access to Facilities
and Access to Business Critical Data and Applications
IRVINE, Calif., Jan. 13 /PRNewswire-FirstCall/ -- Rainbow Technologies, Inc. ,
a leading provider of digital content and transaction security for the Internet,
software protection, SSL VPNs and secure remote access, today announced the
integration of Rainbow's iKey USB authentication token with HID's 125 kHz
proximity access control technology into a single physical/data security device
called the RFiKey(TM).
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/RAINLOGO )
The RFiKey is the industry's first integrated physical/data access security
token device designed for the USB form factor. It can give employees access to
secure locations within their company and fine-grained access control to
business-critical data and applications.
A user simply waves the RFiKey in front of the HID door reader and a back- end
credential checking system unlocks the door if access is authorized. At the
individual's desk, the user inserts the RFiKey into the PC's USB port and logs
into the corporate network using a PIN. If employees need a physical access
device to move about inside the office, they need to bring their RFiKeys with
them. Once the key token has been removed from the USB port, the session
terminates and locks out insider security threats seeking to access
corporate-critical data.
The integration of the Rainbow iKey authentication token with HID's
market-leading physical access technology provides users with an access- control
device that is anonymous to anyone but its intended user. If the RFiKey is
lost, there are no photos or company names to allow someone to use it for
physical access. And for users, it grants them access to the areas of their
office they need to do their jobs and access to the data and applications that
they need to be successful.
"There has been an increasing push for an integrated physical and logical access
control solution. IDC has wondered when USB tokens would be developed that
could handle both door access and network logon," said Charles Kolodgy, research
director for Security Products at IDC. "The answer to that question has been
answered by Rainbow and HID. This solution will make it easier for enterprises
to implement stronger access control throughout their infrastructure."
"System authentication, whether it's for physical security or computer security,
should be easy and convenient for users, simple for IT staff to manage, and
incorporate security technologies that are anonymous to anyone other than the
rightful owner," said Bernie Cowens, vice president of security services,
Rainbow Technologies. "The RFiKey incorporated with HID proximity technology
provides a single solution that meets the demanding requirements for today's
physical and computer security access needs."
"Today's marketplace is demanding increased physical and computer network
security," said Mark Scaparro, senior vice president of sales and marketing, HID
Corp. "Combining both capabilities onto a single credential resource makes
abiding to corporate security policies easier for employees and provides
corporations with a higher standard for security."
Pricing and Availability
The RFiKey has a U.S. list price of $35 to $65 depending on the version of iKey
used for end user authentication. Contact Rainbow sales for pricing at
+1-949-450-7300, or visit Rainbow on the Web at http://www.rainbow.com/ .
About HID Corporation
As the largest manufacturer of contactless-access control readers and cards for
the security industry, HID has shipped over 150 million credentials to customers
worldwide. HID pioneered the development of radio frequency identification
(RFID) technology for physical access control. Proximity and iCLASS(TM)
technologies can be housed on the same credential and combined with other
technologies such as magnetic stripe, barcode, or contact smart chip modules.
This provides users the ability to leverage their investment in existing systems
while seamlessly upgrading to new technologies and adding new applications. For
increased security, users can add a photo ID or anti- counterfeiting element
such as a hologram or ultraviolet ink. HID's experience in developing card
technologies enables them to play a critical role in the evolution and adoption
of contactless smart card technology used for applications such as access
control, IT secure authentication, digital cash, the storage of biometric
templates, and the storage and retrieval of critical information. For more
information on HID, visit their website at http://www.hidcorp.com/
About Rainbow Technologies
Making security simple since 1979, Rainbow Technologies is a leading provider of
proven information security solutions for mission-critical data and applications
used in business, organization and government computing environments. Rainbow
has been breaking the security paradigm by making complex security simple to
implement and use for more than two decades. With headquarters in Irvine,
Calif., Rainbow maintains offices and authorized distributors throughout the
world. More information can be found on the Web site at http://www.rainbow.com/
.
Rainbow Technologies and iKey are trademarks of Rainbow Technologies, Inc. All
other company and product names are trademarks of their respective
organizations.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor"
for forward-looking statements that are subject to risks and uncertainties that
could effect actual results. Certain information contained in this press
release references, without limitation, statements concerning integration of the
companies' respective technologies, market acceptance of the product offering,
and competitive landscape. Actual results could deviate from these
forward-looking statements that are made as of the date of this press release.
Investors are advised to read the company's annual report on Form 10-K and
quarterly reports on Form 10-Q filed with the Securities and Exchange
Commission, particularly those sections entitled "Certain Business Risks," for a
more comprehensive discussion of these and other risks and uncertainties. The
Company assumes no obligation to update information concerning its
expectations.
For further information, please contact: Dan Chmielewski of Rainbow
Technologies, Inc., +1-949-450-7377, ; or Deborah Jones of Strategies,
+1-714-957-8880, ext. 113, , for Rainbow Technologies, Inc.
http://www.newscom.com/cgi-bin/prnh/20020701/RAINLOGO
http://photoarchive.ap.org/
DATASOURCE: Rainbow Technologies, Inc.
CONTACT: Dan Chmielewski of Rainbow Technologies, Inc., +1-949-450-7377,
; or Deborah Jones of Strategies, +1-714-957-8880, ext. 113,
, for Rainbow Technologies, Inc.
Web site: http://www.hidcorp.com/
Web site: http://www.rainbow.com/