LOS ANGELES, Nov. 18, 2005 (PRIMEZONE) -- By invitation from VeriSign, CipherPass Corporation's (Pink Sheets:CPHC) CEO Mr. Glen Day presented with Mr. Stratton Sclavos, CEO of VeriSign, to the State of California their integrated solutions for strong authentication and data protection. The event was held at Sheraton Grand in Sacramento and was well attended by the state agencies' executives and leaders. The State had over 16 Agencies represented, as well as a few local counties who were interested in solutions that provided stronger authentication, as well as data and email encryption. CipherPass' C-suite data protection solutions, using VeriSign's Managed PKI (mPKI) digital certificates, presented live demonstrations that enabled users to easily and effectively guard their confidential data against hackers, spyware and theft.
The State of California has some of the most numerous and stringent privacy laws within the U.S. In addition to extensive privacy and security provisions of HIPAA, the State Agencies must also comply with California Senate Bill 1386 which requires notification to California residents in the event of a privacy breach. CipherPass' C-suite, using VeriSign's digital certificates, delivers solutions to address the State Agencies' daunting data protection challenges. C-suite enables concealed security features in enterprise applications, such as Microsoft's Outlook email clients and Windows Explorer, to provide a higher level of assurance. By leveraging existing corporate applications, C-suite creates a strategic, digital security framework that is easy to use, easy to deploy, easy to manage and is very cost-effective.
About CipherPass Corporation
CipherPass Corporation (CipherPass) is a digital security technology company that provides enterprise-class security solutions. Through its product and service portfolio, CipherPass enables businesses to securely share sensitive or confidential electronic information among internal staff, as well as with their business associates and customers. VeriSign, the world leader in the management and distribution of trusted digital certificates, is a strategic partner. The CipherPass and VeriSign relationship offers significant cost reductions for deploying and managing digital certificates. CipherPass' C-suite security solutions helps to simplify the process of users securing and sending private digital data within files and emails. C-suite is an effective solution for addressing companies' privacy and security compliance initiatives for HIPAA, Sarbanes-Oxley, GLBA and SB1386.
CipherPass is a FutureVest, Inc. (Pink Sheets:FTVT) portfolio investment (www.FutureVest.com). For additional information regarding CipherPass Corporation, please visit www.CipherPass.com.
Statements in this release are "forward-looking statements." Investors are cautioned that such forward-looking statements involve risk and uncertainties, including without limitation, acceptance of the company's products, significant levels of competition for the company and dependence on the performance of the management of the company.