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Atmel and Veridicom Partner to Deliver Advanced Identity Authentication for PC Users
May-02-05
SEATTLE and SAN JOSE, Calif., Veridicom International Inc., a leading provider of identity management solutions, (BULLETIN BOARD: VRDI) and Atmel(R) Corporation , a global leader in the development and fabrication of advanced semiconductor solutions, announced today that Veridicom has chosen an Atmel processor for inclusion in its portable biometric identity product line.
Increased incidents of identity fraud are driving ever more sophisticated embedded security solutions. For example, recent cases involving the theft of credit card, financial, and other personal information from laptops and databases could have been reduced through the use of data encryption and strong authentication. The integration of Atmel's processor into Veridicom's product provides built-in access to locked storage and file encryption with fingerprint sensor matching technology, without the need to install drivers or software on PCs.
Veridicom's VKI-V, (pronounced Vicky Vee), is a portable USB-attached device for PCs that secures corporate and personal information. Data files, financial information, medical records, passwords, and other sensitive information can be securely stored on the device without the need to install drivers or other software on computers. Additionally, with the complimentary VPAS software suite, VKI-V supports multiple applications such as PC and network login, file encryption, email signing, and multi-factor authentication. The device will also support the secure storage of personal information to enable integration with corporate and consumer applications such as loyalty programs, secure distribution of digital entertainment files, access to web services, and other applications requiring greater convenience and security.
"Veridicom's products are well focused on strong authentication and data security by embedding biometrics and processing capability in multi-use devices," said Tim Morin, Director of Business Development for the ASIC/ASSP Business Unit, Atmel Corporation. "As a leading innovator of microcontrollers and secure IC's, this is another clear example of how we're helping technology address the dual challenges of data security and identity fraud."
The Atmel embedded microcontroller was chosen for its combination of processing speed, power consumption and overall architectural fit with Veridicom's unique requirements.
"The performance, security and flexibility of Atmel's processors are an ideal foundation for supporting both the current feature set of VKI, as well as the roadmap we have for the device going forward," stated Paul Mann, President & CEO of Veridicom International Inc. "Our global customers are increasingly demanding stronger authentication and identity management capabilities within a single, intelligent device such as VKI."
About Veridicom International Inc.
Veridicom International offers a suite of identity management products, including hardware and software that utilize public key infrastructure (PKI), secure token-based technology, and fingerprint biometrics to authenticate and manage personal identities for a wide variety of applications and transactions. This platform provides a biometrically authenticated digital signature for financial, travel, and other applications. Veridicom's patented authentication and transaction technology enables real-time authentication of individuals anytime, anywhere, via the Internet, point-of-sale, security kiosk, and mobile devices. http://www.veridicom.com/
About Atmel
Atmel is a worldwide leader in the design and manufacture of microcontrollers, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components. Leveraging one of the industry's broadest intellectual property (IP) technology portfolios, Atmel is able to provide the electronics industry with complete system solutions. Focused on consumer, industrial, security, communications, computing and automotive markets, Atmel ICs can be found Everywhere You Are(R).
Atmel(R), logo, and combinations thereof, Everywhere You Are(R) and others are registered trademarks, and others are the trademarks of Atmel Corporation or its subsidiaries. Other terms and product names may be trademarks of others.
Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The Company's actual results could differ materially from expected results as a result of a number of factors, including general business conditions in the industry, changes in demand for products, the timing and amount or cancellation of orders, the uncertainties in research and development programs, the evaluation of potential opportunities, the level of corporate expenditures, capital market conditions, and others set forth in the Company's periodic reports as filed with the Securities and Exchange Commission and published on the Edgar System.
Information: For further information about Veridicom International Inc visit http://www.veridicom.com/ For further information about Atmel Corporation please visit,http://www.atmel.com.
Veridicom International Inc.
CONTACT: Paul Mann, President & CEO, Veridicom International, Inc.,+1-604-696-0633; Stuart Fine of Carpe DM Inc., +1-908-490-0075,stuart@carpedminc.com, for Veridicom International Inc.; Ford Kanzler, Managerof Corporate Press Relations, USA and Asia, +1-408-436-4343,fkanzler@atmel.com, or Veronique Sablereau, Corporate Communications Manager -Europe, Tel: +33-1-30-60-70-68, Fax: +49-71-31-67-24-23,veronique.sablereau@atmel.com, both of Atmel
Web site: http://www.veridicom.com/http://www.atmel.com
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