SPYRUS announced Monday that it has acquired the Value Checker Plus smart card reader from OKI. This high-assurance PIN pad reader will be used as part of the SPYRUS high-assurance public key-based security solution for valued digital property and rights management. When deploying intranets for mission critical information or when establishing extranets to garner operational efficiencies with its trading partners, an enterprise faces two critical issues: 1) identifying who has access to what type of digital information, and 2) cost effective deployment. When used in conjunction with the ROSETTA smart card, the Value Checker Plus smart card reader is a key component for delivering cost-effective, public key-based security access solutions for multiple applications and services.
“The deployment of Intranets, the extension of Extranets to business partners, and the inevitability of Internet-based business commerce has heightened the need for development of a trusted digital environment for valued enterprise digital property,” said Sue Pontius, Founder and CEO of SPYRUS. “Acquiring the Value Checker Plus smart card reader is a key component in enabling the enterprise to manage access to business critical information and in enabling electronic commerce by providing non-repudiation.”
The Value Checker Plus is synergistic with the SPYRUS high-assurance model by allowing secure PIN entry at the reader level, which eliminates the possibility of compromising the PIN when, for example, using the PC keyboard. The portability of the combined reader and card allows the traveling road warrior or remote worker access to secure digital information across the enterprise. A PC smart card interface cable is also available to enable the reader for use with desktop network access applications, including strong mutual authentication and challenge response.
“The Value Checker Plus provides SPYRUS with a smart card reader that can be used to bolster its electronic commerce strategy and provide corporate and commercial users with a full suite of high-assurance, portable enterprise access security solutions,” said Yoichi Kanamura, President of OKI Advanced Products. “This smart card reader benefits SPYRUS customers by combining ease-of-use with a portable and cost-effective alternative to current electronic commerce applications.”
“A prototype version of the Value Checker Plus has been developed and tested for VISA Cash client applications, and future support for this specific reader is anticipated”, said Shay Roberts, Product Manager for VISA International’s Stored Value Products. “This specific type of reader provides the necessary security, functionality, and flexibility required for Visa Cash on the Internet purchase transactions on the cardholder’s PC.”
With immediate availability, the SPYRUS Value Checker Plus provides a cost effective, portable, and secure smart card reader solution. Please visit our web site, www.spyrus.com or call 408-432-8180.
SPYRUS is a privately held high technology company that applies high-assurance public key-based security solutions for the Enterprise to manage its valued digital property. The end-to-end security solutions protect corporate IS, WWW/Internet and Intranet applications, electronic commerce, and government applications. SPYRUS’ products enable encryption, digital signature, access control, and metering solutions through a combination of Algorithm Agile software and hardware technologies. The Company’s portable tokens, including its LYNKS Privacy Card and ROSETTA Smart Card, provide a personal, portable electronic identity that enables people to conduct secure electronic transactions anyplace, anywhere, anytime. Its software forms the core of Secure Electronic Transaction (SET) payment card security, Secure Sockets Layer (SSL) channel security, and Secure HTTP (S-HTTP) document security. SPYRUS is headquartered in San Jose, California and has branch offices in Maryland, Massachusetts, New Jersey, Virginia, and London, England. In 1997 SPYRUS acquired Terisa Systems Inc., which operates as a wholly-owned subsidiary in Los Altos, California. For more information about SPYRUS, visit the Web site at [www.spyrus.com].