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RNBO Rainbow Technologies (MM)

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Rainbow Technologies (MM) NASDAQ:RNBO NASDAQ Common Stock
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Rainbow Technologies and HID Corporation Team Up on Industry's First Integrated RF Access Control/USB Authentication Token for S

13/01/2004 11:00am

PR Newswire (US)


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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/

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