2002

Contacts:

Mike Yaffe NTRU Cryptosystems, Inc. (781) 418-2525 myaffe@ntru.com

Heather Baker Schwartz Communications (781) 684-0770 ntru@schwartz-pr.com

NTRU to Sponsor Smart Labels USA 2002 Conference; Jon Karlen of NTRU to Speak About Securing RFID Devices and Contactless Applications

Presentation on How Small, Strong, Efficient Security is Vital to the Market Growth of Multi-function RFID Technology

Burlington, Mass. - March 12, 2002 - NTRU, the only provider of strong security that fits everywhere, today announced that it will sponsor the Smart Labels USA 2002 Conference and that Jon Karlen, director of product management for NTRU, will speak on "Bringing Efficient Security to RFID." NTRU has developed public-key encryption technology that operates up to 2,000 times faster than its nearest competitor and in a footprint 1/50th the size, opening the door for new revenue generating products and applications. The conference will be held March 21-22, 2002, at the Massachusetts Institute of Technology, Cambridge, Mass.

"Mass market potential for RFID and contactless applications will depend upon the availability of small, fast, efficient security to ensure trusted applications," stated Jon Karlen. "Practical, powerful and inexpensive security will enable RFID applications to be implemented in the smallest of environments, which were previously impossible to secure. These include baggage tags, key fobs, ID cards and RF readers and tags."

The NTRU public key cryptography system is the only solution with the ability to deliver strong, efficient security to RFID and contactless applications and products. The size and speed advantages of NTRU security allow it to operate under the very strict size and power consumption constraints of RFID. With NTRU security, RFID applications benefit from strong authentication of tags, readers and other system components. NTRU's technology also provides new audit capabilities that create digitally signed records of each and every transaction.

Karlen will discuss the technology behind public key encryption for securing RFID and the benefits it offers, including authentication, data integrity, confidentiality and an audit trail for all transactions. He will also explore how encryption technology can lower costs for RFID and contactless applications (ID cards, key fobs), and how various sectors can benefit from implementing this technology.

• What: "Bringing Efficient Security to RFID"
• Where: Smart Labels USA 2002 Conference at MIT, Cambridge, MA
• Who: Jon Karlen, director of product management for NTRU
• When: Friday, March 22, 2002; 11:45 a.m. ET

At NTRU, Jon Karlen is charged with managing the development of products for strong authentication and confidentiality services in very constrained devices, like consumer electronic products and end user identity tokens. Prior to joining NTRU, Karlen worked as an associate at Greylock, one of the nation's leading venture capital firms, where he evaluated new investment opportunities and provided strategic management support to existing portfolio companies. Previously, Karlen was employed as an equity research associate at Montgomery Securities. He holds a B.A. from Harvard University and an M.B.A. from Stanford University.

About NTRU

NTRU is the only provider of strong security that fits everywhere. Based on the most fundamental innovation in cryptography in more than 20 years, NTRU eliminates historic price, performance and usability tradeoffs in security. NTRU delivers strong, fast security that operates with minimal power consumption and fits into a tiny footprint making it easy for customers to build devices that people trust. NTRU security is gaining widespread adoption in the radio frequency identification (RFID), mobile communications, multimedia and embedded markets. Headquartered in Burlington, Mass., NTRU is backed by Texas Instruments, Sony Corporation, Macrovision, Lehman Brothers Venture Capital, Investor AB, Granite Ventures, Greylock and 3i. For more information, www.ntru.com.

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