PRESS RELEASE : October 28th, 2005

Voltage Security Identity-Based Encryption (IBE) Selected as Finalist for HP Privacy Innovation Award

IAPP Fall Academy—Las Vegas, NV—Oct 28, 2005---Voltage Security, Inc., a global leader in enterprise privacy management for digital business communication, today announced the selection of its breakthrough encryption technology, Voltage Identity-Based Encryption™ (IBE) as a finalist in the prestigious HP Privacy Innovation Award competition. The Privacy Innovation Awards are co-sponsored by the International Association of Privacy Professionals (IAPP) and HP, and seek to honor the most innovative breakthrough in privacy innovation.

“The privacy of digital information, inside and outside the enterprise, for employees, suppliers, partners and customers, is our primary concern at Voltage. Voltage IBE is a breakthrough innovation in cryptography that brings highest ease of use and lowest cost of ownership for managing privacy in the enterprise,” said Wasim Ahmad, vice president of marketing, Voltage Security, Inc.  

The HP Privacy Innovation Award serves as a catalyst for organizations to look at ways in which they can transform themselves through the organizational integration of privacy and reap the benefits of greater consumer/citizen satisfaction, enhanced customer relationships, and the competitive advantages driven by unique privacy-enabled models.

With its focus on the importance of privacy and security for success in e-commerce and e-governance, and its 1000+ strong membership base of privacy professionals, HP is the natural organization to join with the IAPP in co-sponsoring the Privacy Innovation Award.

The judges for the award offered diverse expertise from the private and public sectors, as well as academia.  For more information on the award, please see http://www.privacyinnovation.org/.

About Voltage IBE

Voltage IBE is a public key cryptography system that uses common identities (such as an email address or screen name) as public keys, eliminating the need for certificates, Certificate Revocation Lists (CRL) and other costly infrastructure. Voltage IBE results in a solution that is easy to implement and easy to manage, without the overhead and cost inherent in traditional security solutions. Voltage IBE is ideal for use with financial services customers and medical patients who expect communication to be kept private and secure and also want ease-of-use and low-cost. Voltage IBE solutions are:

• Easy to implement and easy to manage – eliminates the overhead and costs inherent in traditional security solutions such as PKI
• Highly scalable – no storage of keys or messages, and no need to contact online servers; allows the solution to scale dramatically without the need for additional infrastructure
• Easy to use – no need for end users to worry about keys or certificates.

About the IAPP

The International Association of Privacy Professionals is the world’s largest association of privacy professionals with more than 2,000 members globally. The IAPP helps define and support the privacy profession through networking, education and certification. For more information on the IAPP, visit www.privacyassociation.org.

About Voltage Security
Voltage Security, Inc. provides the market leading Voltage Enterprise Privacy Management Platform™, a breakthrough foundation for securing all forms of digital business communication flowing into and outside an organization. Based on a revolutionary breakthrough called IBE, or Identity-Based Encryption, the Voltage Enterprise Privacy Management Platform greatly simplifies the use and administration of traditional security systems. Voltage Security markets its own enterprise solutions including the Voltage SecureMail Gateway™, Voltage SecureMail™ and secure mobile messaging solutions for RIMs BlackBerry® and Microsoft Windows Mobile-based Pocket PCs and Smartphones, and partners with other leading companies such as CipherTrust, FrontBridge Technologies (a Microsoft company) and Proofpoint to serve the expanded security needs of the enterprise. Third-party and corporate developers can secure customer applications with the Voltage IBE Toolkit™. Voltage Security customers include leading corporations and governmental agencies from around the globe including XL Global Services, Waterfield Mortgage, QVC Japan and Hitachi.

 

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Voltage SecureMail, Voltage SecureFile, Voltage SecurePolicy Suite, Voltage Gateway Server and Voltage IBE Toolkit are all either trademarks or registered trademarks of Voltage Security, Inc. All other product names and trademarks are the property of their respective owner.