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BARCELONA, IDENTRUSPARTICIPANT FORUM, SEP. 11, 2003
CoreStreet's Real Time Credential Validation Authority Receives Identrus™ Compliant Certification
Identrus Members Now Have Access to Cost Effective, Real Time, Digital Certificate Validation in Connected and Disconnected Environments
CoreStreet, a leading provider of authorization and validation technology, today announced that its Real Time Credential Validation Authority (RTC VA) product has been certified by Identrus™ LLC, the global banking standard for authenticating digital identities. This certification makes CoreStreet's breakthrough distributed implementation of the Online Certificate Status Protocol (OCSP) standard available to Identrus financial institutions enabling real time, cost-effective, validation for digital certificates in both connected and disconnected environments. CoreStreet's RTC VA offers a dramatic improvement in speed, scalability and cost over traditional OCSP products.
"Financial institutions around the globe participating in the Identrus program look to our company to provide them with certified products that meet the highest standard in reliability and scalability," said Clay Epstein, senior vice president, products and technology at Identrus. "CoreStreet's Real Time Credential Validation Authority meets the technical standards put forth by Identrus and will provide financial institutions with an OCSP compliant product for granting and revoking an individual's access to financial transactions or a computer network in real time."
Identrus has established a regulated policy framework that provides the global standard for digital identity authentication. The Identrus platform provides the legal and technical infrastructure for financial institutions and their customers to manage effectively the risks associated with identity authentication in digital transactions. CoreStreet has now been certified as one of the solution providers that best help financial institutions protect themselves from fraud and other digital security problems.
"We are very excited to be Identrus certified because we bring something different to the table," said Phil Libin, president of CoreStreet. "For the first time members of the Identrus program will be able to validate credentials cost effectively and immediately in both connected and disconnected environments. We've eliminated the most significant headaches of PKI deployments, just as the financial services community is starting to understand the magnitude of the current validation problems."
CoreStreet brings security, safety and convenience to government and Global 1000 organizations by bridging the gap between the physical and digital world. The heart of CoreStreet's security technology is based on validating digital or physical credentials and their associated privileges. Customers in the financial services sector are applying this technology to digital access control environments such as securing sensitive email and access to controlled data.
CoreStreet will be showcasing the Real Time Credentials Validation Authority at the upcoming Identrus Participant Forum in Barcelona, Spain, Sept 10-12. For more information on the show please visit: http://www.identrust.com/company/events/2003/partforum-overview.html. To arrange an interview with CoreStreet or to view a demonstration, please contact Lisa Astor or Bill Keeler at corestreet@schwartz-pr.com or 781-684-0770.
About CoreStreet
Bridging the security gap between physical and information security, CoreStreet provides the only secure authorization and validation technology for connected and intermittently connected environments. Combining security, safety and convenience, CoreStreet enables organizations to grant or revoke an individual's access rights to buildings, computer networks, laptops or wireless devices immediately in real time. The company, headquartered in Cambridge, MA, holds 14 patents with more pending. For more information, visit www.corestreet.com.
About Identrus
Identrus™ LLC has established a regulated policy framework that provides the global standard for digital identity authentication. The Identrus platform provides the legal and technical infrastructure for financial institutions (FIs) and their customers to effectively manage the risks associated with identity authentication in digital transactions. Identrus identity credentials are scalable and interoperable supporting enterprise-level applications as well as domestic and international transactions. Identrus membership consists of more than 60 of the world's leading financial institutions spanning 160 countries. Additional information about the company is available at www.identrust.com.
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Schwartz Communications, Inc.
Rebecca Krueger
+1 415-512-0770
Identrust@schwartz-pr.com
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