CryptoCard Signs Agreement

OTTAWA -- CRYPTOCard (www.cryptocard.com), the leading authentication technology developer for heterogeneous environments, today announced a distribution partnership with Ottawa-based Interwork Technologies Inc. (www.Interwork.com), one of the world’s leading value-added distributors of business IP security and communications solutions. This strategic partnership will enable Interwork to distribute CRYPTOCard’s CRYPTO-Shield (previously called CRYPTO-Server) two-factor authentication solution in both Canada and the United States.

Developed to meet real-world requirements – where Linux and Mac workstations often live in a mixed Windows domain, with Windows clients and Apache or IIS Web servers – CRYPTOCard’s event-based two-factor authentication tokens make it simple and cost effective to eliminate weak static passwords by generating a random password for every logon attempt. As one-time passwords cannot be reused by hackers and do not need to be memorized by users, they eliminate the help-desk costs associated with resetting forgotten passwords, and the security risk resulting from writing them down.

“For the past year, Interwork has been evaluating two-factor authentication solutions – the weakest link of any security solution – and CRYPTOCard stood out from all others because it provides a simple-to-use, simple-to-manage, and cost-effective alternative to static passwords,” said Ken Lewis, Vice-President, Sales at Interwork Technologies. “This is a very exciting partnership which offers Interwork’s reseller partners the opportunity to move into the two-factor authentication space very easily,” Lewis continued. “Interwork is also pleased that CRYPTOCard has underscored its 100 per cent commitment to the channel by offering very generous margins for partners.”

CryptoCard Inc.