Priva Technologies, Inc.

Priva Technologies : News 8/10/06

additionally...

Most security models in use today are inherently flawed either because they are inherently repudiable or so complex users unwittingly sabotage them in order to make them usable.

Priva Technologies profiled in August 2006 issue of GSN....

Cupertino, Ca. - August 10, 2006 - Priva Technologies, Inc., a provider of advanced hardware and software-based authentication security platforms, was profiled by Government Security News (GSN) for the August 2006 issue. GSN August 2006

Following is the text from the article:

Priva Technologies, Inc. develops and markets advanced authentication technologies and transaction processing solutions for a variety of government, enterprise and consumer markets. While most authentication solutions on the market today require a tradeoff between security and practicality, Priva has uniquely differentiated itself by creating a biometric authentication infrastructure that provides multi-factor authentication with certainty that easily interconnects with thousands of existing security, one-time-password, single sign-on, loyalty, marketing, payment and other applications and is intuitively simple to use.

The company’s flagship product, the Cleared Security Platform, is the only FIPS140-2 Level 3 government certified, biometrically-enabled security processor on the market. The core of the Cleared Security Platform is the ClearedChip, which works in conjunction with the secure Cleared-Host authentication server to ensure reliable bi-party authentication every time. A third component of the core Priva offering is the ClearedKey, which embeds the ClearedChip in a fingerprint-enabled USB token. The ClearedKey is a personal biometric key chain device designed for use with authentication, encryption, transaction processing, loyalty marketing and payment applications.

With an available open API and the ability to easily integrate with new and existing applications, the Cleared Security Platform offers lower maintenance, more stringent access control and better return on investment. The system is completely impervious to password cracking, phishing, pharming, and man-in-the-middle attacks. Because the fingerprint information is stored on the ClearedChip and not the Cleared-Host, the system is impervious to hacking. The fingerprint USB reader form factor makes the system familiar for users, while the Cleared-Host provides transaction audit trails with non-repudiation, and offloads the complex authentication heavy lifting from user applications, thus reducing cost and implementation time.

The Cleared Security Platform is the most comprehensive and powerful authentication solution available today. The company serves customers in a variety of markets, including retail, financial services, health care, government and legal. Priva collaborates with VARs, consultants and technology providers to leverage the combined experience, technology insight and resources needed to deliver robust solutions quickly and economically. Headquartered in Washington, DC, with engineering facilities in Cupertino, CA, and Rolling Meadows, IL, Priva is institutionally-backed and privately-held.

ABOUT PRIVA TECHNOLOGIES
Founded in 1999, Priva Technologies is a privately-held Delaware Corporation that specializes in the development of advanced hardware and software-based authentication security platforms for the government, enterprise and consumer markets. Priva Technologies' flagship product, The Cleared® Security Platform, is the most comprehensive and powerful authentication solution available today. The company is headquartered in Washington D.C. with research and development in San Jose, CA. For more information, visit www.priva-tech.com.