(INVC)SecureData Security to Distribute ICT DisplayCard for Account Access Authentication in South Africa
Tuesday November 20, 8:00 am ET
SecureData Security to Institute Initial Data Systems Login Trial with Client; Deal Brings Global Adaptation of ICT DisplayCard to Six Continents
LOS ANGELES--(BUSINESS WIRE)--Innovative Card Technologies, Inc. (NASDAQ:INVC - News), developers of the ICT DisplayCard for e-banking, e-commerce and data access authentication, today announced that SecureData Security, a leading South African security solutions provider, has placed a client purchase order for the ICT DisplayCard for a data systems login trial.
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The cards will be integrated into an Open AuTHentication (OATH)-based backend server to authenticate account logins. In this application, the user will enter a one-time passcode displayed on the card’s screen into an online account login interface.
“As a cutting-edge IT systems security provider, our clients demand a security mechanism that is as convenient as possible for their customers,” said David Naudé, Product Manager, Identity and Access Management, of SecureData Security. “We immediately recognized the ICT DisplayCard as a unique product offering robust security in a very customer-friendly form, and we are pleased to become the first company in South Africa to offer the card to our clients.”
SecureData Security, which was named Juniper Networks’ “Best Newcomer of the Year” distributor award in October 2007, offers information security and risk management solutions for data centers, applications, network, endpoints, and online applications in South Africa, and throughout Africa. SecureData also provides a full complement of support, pre-sales and professional services for solutions positioned in each discrete security vertical.
“InCard is pleased that SecureData Security will distribute our user-friendly, cutting-edge ICT DisplayCard to clients for account authentication, and we look forward to providing authentication security devices to the African continent for the first time,” said Steven R. Delcarson, InCard Technologies’ CEO and President.
SecureData Security’s adoption of the ICT DisplayCard brings the number of continents currently deploying or testing this groundbreaking technology to six.
About SecureData Security
SecureData Security is a value-added distributor, focusing on information security and risk management solutions and services. Comprehensive, layered solutions and services enhance internal and external security postures for the perimeter, applications, network, endpoints and storage. End-to-end solutions and services are provided for South Africa as well as the rest of Africa. SecureData Security is a wholly owned subsidiary of SecureData Holdings Ltd, an information risk management company listed on the Johannesburg Securities Exchange. www.securedata.co.za.
About Innovative Card Technologies
InCard Technologies (NASDAQ:INVC - News) was founded in 1993 to add functionalities to payment cards. InCard’s suite of ICT DisplayCards enable dual-factor authentication in a convenient card form. The cards can be configured to offer RFID physical access or payment capabilities, and feature a screen powered by an integrated battery, circuit, and switch. This screen displays a one-time password to verify the presence of the card during online and voice transactions or data systems login. www.incardtech.com.
This press release contains forward-looking statements which are commonly identified by words such as "would," "may," "will," "expects," and other terms with similar meaning. Forward-looking statements are based on current beliefs, assumptions and expectations and speak only as of the date of this release and involve risks and uncertainties that could cause actual results to differ materially from current expectations. The material factors and assumptions that could cause actual results to differ materially from current expectations include, without limitation, the following: ICT DisplayCard adoption, ICT DisplayCard further testing and certifications, dependence on a limited number of suppliers and their capacity, full scale production of the ICT DisplayCard, and limited capital and liquidity. Innovative Card Technologies, Inc. refers interested persons to its most recent Annual Report on Form 10-KSB as amended by Form 10-KSB/A and its other SEC filings for a description of additional uncertainties and factors that may affect forward-looking statements. Forward-looking statements are based on information presently available to senior management, and Innovative Card Technologies has not assumed any duty to update any forward-looking statements.
The ox is slow,but the earth is patient.
