Wave Systems Corp. (fka WAVXQ)

[goin fishn]

Info on Widepoint/ORC-Interesting...


Hello All-A newbie to posting here, but found some intersting info on Widepoint and ORC at an analyst website. I pasted some of the more interesting bits here, the entire report can be found at the address below. Very promising that we are associated with them, IMHO


http://www.hawkassociates.com/widepoint/text.htm

WidePoint offices in Northern Virginia design and implement the highest levels of infrastructure protection for federal, state and local governments. Company personnel based near Chicago plan, manage and implement information technology solutions for commercial customers. In addition to the Department of Defense and the Department of Homeland Security, WidePoint clients include several major pharmaceutical companies, a leading insurance provider, Northrop Grumman, Lockheed Martin, BAE Systems, Boeing Aerospace, as well as the U.S. Treasury Department, U.S. Patent & Trademark Office, the General Services Administration and the Department of Justice.

ORC is distinguished as the first designated Department of Defense (DoD) Interim External Certificate Authority as well as the first U.S. Government External Certificate Authority (ECA). The company is the sole ECA authorized to issue server and code signing certificates in addition to personal certificates. ORC is one of only three qualified providers of GSA Access Certificates for Electronics Services and is the first commercial GSA eAuthentication Credential Service Provider. Furthermore, ORC has been engaged as the lead systems integrator for the DoD PKI initiative.
Built on open standards to ensure maximum flexibility, ORC’s PKI solutions are interoperable with legacy systems and integrate seamlessly with all leading off-the-shelf applications. The company provides a wide range of PKI solutions. Managed PKI services dramatically lower the total cost of ownership when compared to standalone implementations. The company’s digital certificates enable secure transactions with U.S. government agencies and other high-security organizations. As a certified third party, ORC also provides secure in-house network capabilities to federal and commercial clients.

WidePoint’s competition within the information security market is limited, as most other companies are focused on low to medium levels of assurance. Management believes its ORC subsidiary is the only company that has satisfied all of the federal certification requirements to serve the medium- to high-level government information assurance and security market. WidePoint believes it possesses a 12 to 18 month lead on competition intending to enter this market. By combining ORC’s PKI certifications with existing IT capabilities enhanced by future acquisitions, WidePoint anticipates a dramatic increase in revenues looking ahead to 2008.

The use of PKI is becoming mandatory for many companies doing business with federal, state and local governments. Companies ranging from healthcare service providers to financial institutions and insurance companies can authenticate, validate, encrypt, sign and audit electronic data transfers using WidePoint’s managed PKI services in compliance with federal regulations such as HIPAA and the Gramm-Leach-Bliley Act. In addition, as per Homeland Security Presidential Directive 12, access to certain government computer systems can be granted only when an agency is provided with assurance that the individual attempting access has been correctly identified and authenticated. The certificates provided by WidePoint - on an exclusive basis in some cases - serve as the trusted credentials required by the federal government.




Goin Fishin'-this weekend!