Mocana’s Platform to Protect Schneider Electric’s Next-Generation IP Connected “Things”

PRESS RELEASE

SAN FRANCISCO, February 8, 2016 — Mocana, a leading provider of IoT security, today announces its partnership with Schneider Electric, the global specialist in energy management and automation.

Schneider Electric committed to a multi-year, enterprise-wide integration of Mocana’s Security of Things Platform (SoTP) in their automated systems and energy management solutions. The partnership will enable standardization and uniformity across Schneider; they will take advantage of Mocana’s trusted, next-generation security package, solving the salient security issues many device manufacturers face.

“We are excited to work with Mocana in implementing their comprehensive software solution across our divisions. With Mocana’s Security of Things Platform, we are able to maintain consistency in our security approaches, across any type of device or sensor, addressing the variance of real-time operating systems (RTOS), controllers and CPUs. Mocana brings strong FIPS-140 proven cryptography to our embedded devices all the way up to the cloud, enabling a safer path to IoT transformation for our connected business strategy,” said George Wrenn, VP of Global Cybersecurity for Schneider.

“As more manufactures move into the IoT space, the level of urgency in securing their products have increased exponentially,” said Peter Graham, Vice President of Mocana. “We are proud to partner with Schneider in advancing security and safety.”

Schneider Electric

Schneider Electric is a global specialist in energy management and automated systems. In 2014 it generated €25 billion in revenue. With 170,000 employees, serving customers in over 100 countries, they manage their energy and processes safely, reliably, efficiently and sustainably. From the simplest switches to the most complex operating systems, their technologies, software and services enable their customers to optimize the management and automation of their businesses. Their smart technologies are helping to rethink industries, transform towns and cities and enhance the lives of their inhabitants. At Schneider Electric, they call this: Life Is On. www.schneider-electric.com

Mocana IoT

Mocana IoT provides the Mocana Security of Things Platform—a high-performance, ultra-optimized, OS-independent, high-assurance security solution for any device class. The Platform is being rapidly adopted by next-gen IoT device designers who demand architectural freedom, and who understand the complexity and risk exposure inherent in in-house and other solutions. Mocana's award-winning cryptographic solutions are used in the most stringently-constrained and life-critical systems by Fortune 500 companies, world-leading smart device manufacturers, and government agencies. www.mocana.com/iot-security