LOS ANGELES, Aug. 25, 2005 (PRIMEZONE) -- CipherPass Corporation (Pink Sheets:CPHC) announces the release and launch of C-suite, an enterprise data protection solution for enabling secure email and data encryption. Unlike other competing encryption products, which only partially protect data or use ineffective passwords for gaining access to the data, C-suite provides a strategic and very secure platform for enterprise data protection so that business privacy needs are met today and in the future. The solution leverages digital certificates (personal digital identities), issued by VeriSign (Nasdaq:VRSN) and GeoTrust, to protect sensitive and confidential corporate information. C-suite is a strategic approach to data protection for addressing companies' privacy and security compliance initiatives for HIPAA, Sarbanes-Oxley, GLBA and SB1386.
CipherPass C-suite enables businesses to securely share sensitive or confidential electronic information among staff, as well as with their business associates and customers. By partnering with the leading global managed digital certificate providers, VeriSign and GeoTrust, CipherPass' secure service solutions offer significant cost reduction for deploying and managing trusted digital certificates. Instead of purchasing new client security applications, businesses and governments can rely upon C-suite to better secure their currently installed applications, such as Microsoft's Outlook email client and Adobe's Professional document creator. By leveraging existing corporate applications, C-suite creates a strategic, digital security framework that is easy to use, easy to deploy, easy to manage, and is very cost-effective.
Glen Day, CipherPass' new CEO and prior Chief Privacy Officer of Los Angeles County, comments that, "I can personally attest to the personal damage to health patients and financial consumers who have had their sensitive information breached. It's devastating for them and potentially very costly to the breached organization. C-suite is an incredibly simple, but effective, tool for protecting confidential information. Every business in every industry has electronic data they want to protect and ensure that only permitted persons are able to view the data. C-suite provides the last bastion for privacy protection and compliance so that if your protected data is lost, stolen or hacked, businesses can be assured that the sensitive data will not be disclosed."
C-suite is a simple, but powerful, application integration tool specifically designed to simplify the process of obtaining and using digital IDs. C-suite's technology and approach allows large enterprises to deploy thousands of digital IDs from a trusted certificate authority (CA) with little effort. Minutes after users enroll for their digital IDs, their Outlook email client is automatically configured and ready to use securely. A new secure folder is also created, My Vault, which resembles Windows Explorer's My Document in its look and feel, as well as its ease of use. Unlike the weaknesses associated with passwords, digital IDs provide strong authentication features, which uniquely identify users and also act as the key mechanism for accessing protected data.
CipherPass has sales executives in Southern California, Washington, D.C, and Toronto, Canada. The company is also building strategic partnerships with leading consulting firms, systems integrators, service providers and value-added resellers (VARs) to further expand its marketing and sales presence. Our Channel Partner Program provides mutual benefit to both CipherPass and its partners by addressing the increasing business need for data protection, but keeping it technically simple and cost affordable for both large corporations and small companies.
For additional information regarding CipherPass Corporation and the C-suite technology, please visit www.CipherPass.com.
About CipherPass Corporation
Corporate and personal information is increasingly at risk. Vast amounts of financial, health and intellectual property information are stored on computing devices, as well as being transmitted over the Internet. Privacy and security breaches that improperly expose these types of sensitive and confidential information can result in a compliance and public relations dilemma.
CipherPass Corporation (CipherPass) delivers data protection solutions that help enterprises and individuals protect their most valuable digital assets. CipherPass' C-suite product line provides the last bastion of data assurance for confidential information. By leveraging your existing business applications, C-suite provides an additional level of protection that is simple to use, very secure, and affordable. Headquartered in Santa Monica, California, CipherPass also has operations in Washington, D.C. and Toronto, Canada.
CipherPass is a FutureVest, Inc. (Pink Sheets:FTVT) portfolio investment (www.FutureVest.com). For additional information regarding CipherPass Corporation, please visit www.CipherPass.com.
Statements in this release are "forward-looking statements". Investors are cautioned that such forward-looking statements involve risk and uncertainties, including without limitation, acceptance of the company's products, significant levels of competition for the company and dependence on the performance of the management of the company.
CipherPass C-suite are trademarks and property of CipherPass Corporation. All other trade names used are property of their respective owners. All rights reserved.