Entrust OTP Security Token Now Commercially Available
Entrust OTP security token builds on longstanding cooperation with ActivIdentity that has included authentication, PKI and government ID programs
DALLAS, April 24 -- By working with ActivIdentity, Inc. (NASDAQ:ACTI), Entrust, Inc. (NASDAQ:ENTU) has accelerated the commercial availability of its $5 Entrust IdentityGuard OTP (one-time password) security token, making it available for purchase today. This latest initiative is a part of Entrust's overall strategic relationship with ActivIdentity, which spans both companies' broad portfolio including authentication and PKI products.
"When we introduced our $5 Entrust IdentityGuard OTP security token several weeks ago, we knew there was strong demand for a significantly lower- priced security token, but we didn't expect to have the kind of response we've had from the marketplace," said Entrust Chairman, President and Chief Executive Officer Bill Conner. "This latest initiative in Entrust's strategic relationship with ActivIdentity allows us to accelerate the availability, scalability and reliability of an Entrust OTP token -- making them available today while maintaining the $5 price point and our targeted financials. The existing strategic relationship with ActivIdentity coupled with time to market and aggressive pricing made this a compelling business decision for Entrust."
Specifically for the delivery of Entrust branded OTP hardware tokens, Entrust has entered into an agreement to OEM new ActivIdentity Mini Tokens that enables the $5 entry price point that includes staggered pricing for volume purchases. These tokens operate as another authentication method from the Entrust IdentityGuard versatile authentication platform. The agreement also will allow additional Entrust-branded models of ActivIdentity tokens. In addition, customers will benefit from Entrust's direct Web-based token sales model.
"Delivery of a reliable, proven security token is but one area of cooperation between Entrust and ActivIdentity," said ActivIdentity Chief Executive Officer Jason Hart. "Together, we are helping to secure information and identities in a range of government and enterprise customers with smart cards and PKI. With this new initiative we are broadening the scope of our relationship to provide hardware-based, one-time password authentication technology for financial institutions and other market segments."
Hardware OTP tokens build on the key strengths of the Entrust IdentityGuard versatile authentication platform -- its openness and flexibility, allowing organizations to support a range of consumer and enterprise authentication capabilities from a single software base. With centralized policy, these methods can be deployed individually or layered without requiring the deployment of separate security infrastructures. Entrust OTP tokens continue this focus on providing a variety of options that offer strong, flexible authentication for different user's needs -- all at a fraction of the cost of competing solutions.
"When it comes to authentication, the challenge is not necessarily about which authentication method is better than another," said Expedia Chief Information Officer Bill Holtz. "The Entrust IdentityGuard platform allows us not just to deploy strong authentication to a wide variety of users. It also minimizes the burden on our infrastructure maintenance and help desk by having a self-service option to reissue another authentication method to users who lose a token while working remotely. Being able to quickly get someone back up and running with a substitute authentication method speaks even more to the value of a versatile authentication platform like Entrust IdentityGuard."
Additional information on Entrust IdentityGuard can be found by visiting www.entrust.com/identityguard . Specific information on Entrust one- time-password tokens can be found by visiting www.entrust.com/savings .
About Entrust
Entrust, Inc. (NASDAQ:ENTU) is a world leader in securing digital identities and information. Over 1,650 enterprises and government agencies in more than 60 countries use Entrust solutions to help secure the digital lives of their citizens, customers, employees and partners. Our proven software and services can help customers in achieving regulatory and corporate compliance, while helping to turn security challenges such as identity theft and e-mail security into business opportunities. For more information on how Entrust can help secure your digital life, please visit: www.entrust.com/ .
Entrust is a registered trademark of Entrust, Inc. in the United States and certain other countries. In Canada, Entrust is a registered trademark of Entrust Limited.
CONTACT: Michelle Metzger, Media Relations of Entrust, Inc., +1-972-713-5866, or michelle.metzger@entrust.com
