news today:
CREDITZ(R) Digital Currency Announces Alliance with RioRey Leading Edge DDOS Protection for Creditz Digital Transactions
Business Wire via COMTEX
Oct 17, 2007 10:00:06 AM
WASHINGTON, Oct 17, 2007 (BUSINESS WIRE) --
CEO America, Inc. (PINK SHEETS: CEOA), exclusive US licensee of CREDITZ(R) Digital Currency, today announced that it has signed an agreement that will enhance the security of the Creditz digital currency payment system. The introduction of this enhancement of DDOS protection is now being implemented in the CREDITZ System infrastructure at IBM Global Services facilities.
RioRey, Inc. is providing the DDOS protection platform for all Creditz system global operations utilizing IBM Series I technology. RioRey's equipment is installed at the front of the network to block all DDOS floods that can overwhelm network security and communication capabilities. RioRey also provides detailed analytical data via its proprietary rVIEW and rCARE software to characterize the dimensions of all attacks including location, type and magnitude.
Kwok Li, CEO of RioRey, is "Excited about working with Creditz as they deploy a whole new generation of digital transaction-related services." Further, Li stated, "The number of DDOS attacks are growing in size and frequency on a weekly basis. It is very unlikely that financial and transactional based services will be able to function in the future if they do not have solutions that specifically address the broad spectrum of DDOS attacks. Clearly, the Creditz system is assuming a proactive leadership role in the payment industry in the US and around the world."
David Vaters, Founder of the CREDITZ System, said, "We have built a 21st century payment system with only best of breed partners and RioRey is without a doubt the leader in DDOS protection. Offline, online and mobile transaction security has been one of our highest priorities and will continue to be so." Vaters added, "We believe that the integration of RioRey is both timely and absolutely essential to our goal of a complementary relationship with the entire payment industry and to introduce the most secure and efficient payment methodology in the world."
Vaters also stated, "Traditional commerce and payment systems are sometimes slow to adopt such technologies and usually reactive to technology issues and flaws. We are fortunate to have the luxury of being able to be proactive and open to work with innovative companies such as RioRey."
RioRey will be exhibiting at INTEROP in NYC on October 22-26th and will feature the CREDITZ Digital Currency System and other clients of this leading-edge DDOS solution.
About CEO America, Inc.: CEO America, Inc. (PINK SHEETS: CEOA) has the exclusive US license of the CREDITZ(R) Digital Currency System. Utilizing IBM's latest database and Series I infrastructure technology, CREDITZ is designed as a global loyalty payment and marketing system that replaces cash and provides spendable CREDITZ Digital Currency to consumers. CREDITZ are paid to customers for behavior, and merchants can earn incremental revenue from that behavior. CREDITZ is the first payment system to integrate 21st Century technology with micro-payments, loyalty, marketing and business intelligence into an offline and mobile operating platform. It is the world's first digital currency--the transaction and marketing engine for the digital economy.
For more information, call Larry Bracco at 702.835.9288, lawrencebracco@creditz.com or go to www.creditz.com
About RioRey, Inc.:
RioRey, Inc. designs and manufactures a family of products that identify and block ICMP, TCP and UDP-based packet traffic that has been sent across the Internet as a DDOS attack on public, private or government data networks. The hallmark of the RioRey solution is that it requires little setup time and no operator training. Protection is active in less than two-minutes after turning up the box.
For more information, call Sam Goyal at 917.605.4018 or go to www.riorey.com.
SOURCE: CEO America, Inc. and RioRey, Inc.
CEO America, Inc. Larry Bracco, 702-835-9288 lawrencebracco@creditz.com www.creditz.com or RioRey, Inc. Sam Goyal, 917-605-4018 www.riorey.com
Copyright Business Wire 2007
More Press Releases for CEOA Print Story Return to Top
