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Jaybeaux

10/15/03 12:50 PM

#13867 RE: Vacationhouse #13864

A company called Authentidate (ADAT) is being highlighted on CNBC right now.

Killer app?
Too good to be true?

Anyone know anything about them?

Jaybeaux
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Vacationhouse

10/15/03 12:51 PM

#13868 RE: Vacationhouse #13864

OT: Waveset Envisions Identity Grid

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=SVBIZINK3.story&STORY=/www/story/10-15-2003/00...


AUSTIN, Texas, Oct. 15 /PRNewswire/ -- Waveset, the leading provider of
innovative identity management solutions, today unveiled its concept of the
Identity Grid, a new management approach that will be critical to the next
wave of digital computing. The Identity Grid radically simplifies the
definition and usage of "people data" or identity data that distinguishes
people and defines their rights and relationships to enterprise processes,
services and resources. By transparently organizing an enterprise's disparate
identity-data stores and identity-management technologies into a cohesive
framework, the Identity Grid enables enterprises to conduct business securely
and expeditiously across all types of computing infrastructures and
application environments.
The Identity Grid depends on the concept of "virtualization," in which
disparate grid resources appear and function as a single entity. The
virtualization technology that makes the Identity Grid work is federated (or
distributed) management, an approach that assembles distributed identity data
into a single, virtual identity view representing an individual's all-
inclusive attributes and information-access privileges.
In 1999, Waveset pioneered the first software for virtual identity
management. Earlier this year, the company announced the industry's first
federated management solution with virtualization capabilities, enabling
identity data to function across the grid in a coordinated, reliable and
scalable manner. Waveset continues to build its competitive advantage in
supporting the Identity Grid through ongoing product development, partner
integration, and a focus on automating the processes associated with identity
management.
"Like many large enterprises, we recognize that many of the components of
an Identity Grid were requirements in our organization," said Rick Perry,
director of enterprise operations and security at The Burlington Northern and
Santa Fe Railway Company. "Waveset is defining a paradigm by which its
products - and the products of other vendors - can be integrated to provide an
effective and coordinated identity environment."

How an Identity Grid Works
An Identity Grid manages the flow and consumption of identity data across
enterprises. It creates a coordinated network of services for accessing,
transporting, sharing and managing identity data across and between
organizations and applications, linking identity suppliers, consumers,
modifiers, conveyers and managers. Identity Grid components include any
subsystem, network, application or repository that utilizes identity
information. Waveset defines the Identity Grid as being composed of three
layers, as follows:

-- Data Stores: data repositories such as relational databases,
directories and flat files. These repositories include identity stores
that are used by ERP, HR, CRM and other enterprise applications (as
offered by PeopleSoft, SAP and Siebel, among other vendors).

-- Transaction Services: govern the operation of identity data, including
meta-directory services; data transformation services and the services
associated with authorization and authentication (single sign-on,
biometrics, digital certificates and so on). These services (as
offered by BEA, Entrust, IBM, Netegrity, Novell, Oblix, Oracle, RSA and
Sun, among other vendors) provide the access and transfer mechanisms
for the efficient exchange of identity information among data
repositories, applications and people.

-- Management Services: manage the effectiveness of identity data,
including provisioning, directory management, password management,
policy management and identity audit. These services (as offered by
IBM, Novell, Sun and Waveset, among other vendors) secure the identity
grid and make sure that only the right people get access to the right
data.

"Businesses will initially use Identity Grids internally, to simplify
identity management across departments, applications and preferred customers
and partners," said Mark McClain, president and founder of Waveset. "Then, as
their confidence and investment in Identity Grid infrastructures grow, they
will extend their grids to encompass the processes that affect a broader base
of customers and partners. Ultimately, it is our belief that the business
world will be powered by a collection of secure, cooperating Identity Grids
linking customer, company and industry interests."

About the Identity Grid
For more information on Waveset's concept of the Identity Grid, download
the position paper "The Identity Grid: Powering the Real-Time Enterprise," at
http://www.waveset.com/grid_whitepaper or view a conceptual diagram at
http://www.waveset.com/grid_diagram.

About Waveset
Waveset provides innovative identity management solutions that help
organizations address the increasing problem of identity anarchy found in
today's enterprises. Applying a unique architectural approach, Waveset is the
first software provider to support the concept of a single, virtual identity
across distributed domains and IT and business processes. Waveset, based in
Austin, TX, counts numerous Fortune 500 companies among its customers. Waveset
is a privately held firm funded by Lightspeed Ventures Partners, Austin
Ventures, Origin Partners, Silverton Partners, AV Labs, and other private
investors. For more information, visit: http://www.waveset.com.

Waveset and the Waveset logo are trademarks of Waveset Technologies, Inc.
All other company and product names may be trademarks, registered trademarks,
or service marks of the company with which they are associated.

Contacts:
Waveset Technologies, Inc.
Cybele Diamandopoulos, 512-685-6808 ext 108, cybele@waveset.com

Lois Paul and Partners for Waveset
Melanie Franco 781-782-5781, melanie_franco@lpp.com