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Press RoomPress Releases

2002

Contacts:

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

Vivek Ramgopal or Alicia Allen
Schwartz Communications
(781) 684-0770
ntru@schwartz-pr.com

NTRU GenuID Named 2002 SESAMES Finalist for Best Software Category

NTRU GenuID to be Showcased at CARTES Exhibition & Conference

Burlington, Mass. - October 7, 2002 - NTRU GenuID has been selected as a finalist for the 2002 SESAMES Award in the Best Software category. NTRU GenuID is the first and only public key security solution that can meet contactless smart card performance and security requirements on the low cost platforms required for mass market adoption. NTRU GenuID changes the competitive landscape by empowering semiconductor manufacturers, card vendors and application developers with the ability to deliver strong security at price points and performance levels never before possible. All SESAMES winners will be announced at the 2002 CARTES Exhibition & Conference, November 5th at the Paris-Nord Villepinte Exhibition Center, Paris, France. NTRU will be showcasing its technology through multiple demonstrations at booth #3 G 097.

"Being nominated as a SESAME finalist from over 120 submissions is a tremendous honor. The SESAMES are one of the highest distinctions that a technology provider can receive because they are presented by international experts in smart card and contactless technologies," said Scott Crenshaw, Vice President of Business Development and Marketing at NTRU. "Contactless applications will be playing an increasingly important role in everyday life. By enabling trusted devices and secure communications, NTRU GenuID unlocks the enormous potential of these applications that will require efficient and affordable security for widespread adoption."

About GenuID
NTRU GenuID is the first encryption product designed specifically to secure low-cost contactless devices. NTRU GenuID provides public key technology efficient enough to run on low-end microcontrollers without requiring expensive hardware acceleration. Furthermore, NTRU GenuID consumes less power than other public key security technologies, expanding the operational range of contactless tokens. Now, contactless application vendors and developers no longer need to choose between cost, performance, and security. NTRU GenuID dramatically lowers the cost of strong security in contactless applications and delivers a public key solution that is both fast and affordable.

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, visit www.ntru.com.

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