SMS PASSCODE Announces North America Launch

PRESS RELEASE

SAN FRANCISCO, April 15, 2014 ­ SMS PASSCODE®, a technology leader in adaptive multi-factor authentication software, today announced that it has established its U.S. headquarters in San Francisco, California.

NEWS FACTS:

€As the popularity of cloud services and the resulting demands for remote login and flexibility continue to rise, organizations are struggling to find and deploy authentication methods that are effective, easy to use for employees and impervious to theft.

€SMS PASSCODE delivers an easy to use and intelligent solution that ensures the safety of corporate networks and applications.

€SMS PASSCODE provides a superior user experience by taking full advantage of contextual information ­ such as login behavior patterns and geo-location ­ to assess the threat level and automatically adjust the level of authentication needed.

€Governments, telcos, enterprises and financial institutions in more than 40 countries appreciate its cost-effective, secure and easy-to-maintain offering, making SMS PASSCODE their trusted security partner.

€Henrik Jeberg was formerly chief information officer, deputy director general for the Agency for Governmental Management within the Danish Ministry of Finance, and specializes in successfully introducing European technology companies to the U.S. market. He played a significant role in the internationalization of enterprise software provider Navision before its acquisition and has lived in Europe, Asia, Australia and the U.S.

€Several strong reseller relationships in the U.S. place the company in a competitive position to hit the ground running.

€SMS PASSCODE secures remote access systems, including Microsoft, Citrix, Cisco and Juniper, as well as cloud applications. 

SUPPORTING QUOTES:

Claus Kotasek, CEO, SMS PASSCODE said:

³We are excited to be bringing innovation to an already mature North American market. While SMS PASSCODE was among the first to introduce mobile-based authentication, we were also pioneering the adoption of contextual information as part of the authentication process with the introduction of our solution¹s geo-location capabilities. Today, we have the leading technology for adaptive user authentication, taking full advantage of contextual information and adjusting the level of authentication needed based on the level of trust. Paired with a growing demand in the market for more intelligent and convenient authentication solutions, our ability to deliver these differentiators makes this the ideal time for our rollout in the North American market.²

Henrik Jeberg, managing director, SMS PASSCODE said:

³According to industry analysts, 30 percent of enterprises will use contextual authentication for workforce remote access by 2016. When combined with the massive boom in cloud services, this represents a substantial broadening of the market space in which SMS PASSCODE is strategically positioned to capitalize. We are passionate about helping companies solve their user authentication challenges with a solution that is easy to deploy, manage and scale while simultaneously making security hassle-free and painless for the user. We look forward to expanding our presence within North America.²

Timothy Law, president, Syntax Inc., said:

³As an existing channel partner, we are excited to see SMS PASSCODE establishing a U.S. headquarters, and look forward to working with SMS PASSCODE to bring its innovative technology to our enterprise customers in North America. Enterprises face a complex threat environment with ever-increasing security policies and compliance requirements.  Multi-factor authentication is a fundamental requirement, and SMS PASSCODE¹s solution is simple to implement, highly reliable and uses a session-specific challenge for enhanced security. SMS PASSCODE¹s multi-factor authentication offering complements our strategic focus on delivering valued-added solutions that are unique and innovative. The fact that SMS PASSCODE secures remote access systems such as Microsoft, Citrix, VMware, Cisco and Juniper enables us to deliver a more complete offering.²

About SMS PASSCODE

SMS PASSCODE is a leading provider of adaptive multi-factor authentication software, improving enterprise security and productivity by delivering an easy to use and intelligent solution that helps ensure the safety of corporate networks and applications.  SMS PASSCODE authenticates users through their mobile devices, helping IT managers address evolving business needs with cloud applications and mobile security by dynamically authenticating users based on geo-location and login behavior patterns.  The solution secures remote log-on systems including Microsoft, Citrix, Cisco and Juniper.  Governments, telcos, enterprises and financial institutions in more than 40 countries appreciate its cost-effective, secure and easy-to-maintain offering, making SMS PASSCODE their trusted partner to securely authenticate access to services while preventing identity theft.

For more information, visit http://www.smspasscode.com