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Entrust's Network Shared Folder Encryption Solution Chosen by China's PXInfosec
Entrust Entelligence Group Share enables collaboration by providing automatic, transparent and persistent encryption
Jan 31, 2008
DALLAS, Jan. 31 /PRNewswire-FirstCall/ -- Securing information without hindering productivity has always been one of the major hurdles to enabling collaboration and protecting the assets and intellectual property of financial institutions, enterprises and government agencies. China-based PXInfosec recognized this opportunity and that they could solve this challenge for their customers with Entrust, Inc. (NASDAQ: ENTU) and the Entrust Entelligence Group Share network folder encryption solution.
"The majority of our customers collaborate on sensitive files or folders on a daily basis. The operational challenge of securing this information, without negatively impacting efficiency, was of utmost concern," said PXInfosec General Manager Eric Ren. "With this innovative network folder encryption solution, we not only secure their key data and intellectual property, but we do so in a cost-efficient, non-invasive manner. It's an invaluable tool."
As part of the agreement, PXInfosec will purchase 20,000 licenses of Entrust Entelligence Group Share. The innovative network folder encryption solution, which was launched in 2007, offers organizations a seamless method of implementing easy-to-use encryption for group files or folders. As a transparent and persistent solution, the contents remain encrypted regardless if copied or moved to another drive, network or device.
"As information loss and data breach become an alarmingly frequent occurrence, it's reassuring to know that security-conscious organizations like PXInfosec are enabling customers to protect their sensitive assets or intellectual property," said Entrust Chairman, President and Chief Executive Officer Bill Conner. "As a key component of a layered security approach, this network folder encryption solution provides organizations with one-of-a-kind capabilities that not only secure information, but increase productivity and efficiency in a cost-effective manner."
A component of Entrust's Information Protection platform, Entrust Entelligence Group Share is an efficient, manageable security solution that allows workgroups to collaborate and share sensitive information securely across corporate networks. This additional layer of security also helps address various privacy standards such as the Payment Card Industry Data Security Standard (PCI DSS), Sarbanes-Oxley Act (SOX) and the Health Insurance Portability and Accountability Act (HIPAA).
The Entrust Entelligence product portfolio is an integrated suite of security solutions that deliver a single security layer across multiple enterprise applications enabling strong authentication, authorization, digital signatures and encryption. Entrust Entelligence helps empower employees to work efficiently, communicate effectively, improve corporate and regulatory compliance and use products and services online.
Founded in 1999 by a group of information security professionals, PXInfosec Technology Co., Ltd is committed to providing professional-grade information security services by helping enterprises protect their operational security and critical information assets. Headquartered in Shanghai, China, PXInfosec's customer base spans across a variety of verticals, including financial, telecommunication, utility/electric, transportation and biological. The organization has become one of the most influential information security service providers in China.
Entrust (NASDAQ: ENTU) secures digital identities and information for consumers, enterprises and governments in 1,700 organizations spanning 60 countries. Leveraging a layered security approach to address growing risks, Entrust solutions help secure the most common digital identity and information protection pain points in an organization. These include SSL, authentication, fraud detection, shared data protection and e-mail security. For information, call 888-690-2424, e-mail email@example.com or visit http://www.entrust.com/.
Entrust is a registered trademark of Entrust, Inc. in the United States and certain other countries. In Canada, Entrust is a registered trademark of Entrust Limited. All Entrust product names are trademarks or registered trademarks of Entrust, Inc. or Entrust Limited. All other company and product names are trademarks or registered trademarks of their respective owners.
This press release contains forward-looking statements relating to the alliance between Entrust and PXInfosec and the expected benefits of such new release, and such statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are delays or failure to complete PXInfosec integration of Entrust Entelligence Group Share, governmental regulations, general economic conditions and the risk factors detailed from time to time in Entrust's periodic reports and registration statements filed with the Securities and Exchange Commission, including without limitation Entrust's Quarterly Report on Form 10-Q for the quarter ended September 30, 2007. Entrust cautions investors that it might not update any or all of the foregoing forward-looking statements.
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