MXI Security MXP Portable Security USB Devices Certified by IdenTrust

MONTREAL & SANTA ANA, Calif.--(BUSINESS WIRE)--MXI Security™, the leader in superior managed portable security solutions, today announced a global partnership with IdenTrust, the only bank-centric global interoperable identity network, to provide a compelling, easy-to-use identity solution for financial institutions.

“Together we will deliver to the financial services industry the most advanced portable security devices that will provide banking customers the highest assurance that their IdenTrust identities, financial information, and online banking experience are secure and protected.”

The collaboration delivers a completely portable, three-factor authentication solution, for fighting identity theft, securing online transactions, and increasing customers’ trust in the institutions with which they do business. MXI Security’s leading edge zero footprint and driverless Stealth MXP portable security devices and ACCESS Identity software are certified to operate in an IdenTrust compliant manner. The joint solution goes beyond strong authentication and offers defense against man-in-the-middle attacks, by securing private keys and IdenTrust digital certificates in trusted hardware with biometric and password authentication, along with a portable Internet browser and hardened token interface. Zero reliance on a workstation footprint provides an incredibly easy user experience for mobility. IdenTrust compliant signing interfaces create legally binding digital signatures across all identity-enabled applications. Users can also get secure portable storage with AES 256-bit hardware based encryption in the Stealth MXP devices. ACCESS Identity software further allows organizations to leverage the Stealth MXP devices for advanced portable identity capabilities.

“We are pleased to be working with IdenTrust a leader in providing financial institutions with innovative identity authentication solutions,” said Lawrence Reusing, CEO of MXI Security. “Together we will deliver to the financial services industry the most advanced portable security devices that will provide banking customers the highest assurance that their IdenTrust identities, financial information, and online banking experience are secure and protected.”

“By partnering with MXI Security, IdenTrust can offer greater portability and usability of high assurance IdenTrust identities to uniquely address the increasing security threats financial institutions face in their eBanking channels,” said Christy Serrato, Director of Business Development at IdenTrust.

MXI Security is a leading provider of portable security devices to the governments and corporations worldwide, and the company and its technology has received numerous awards including, the Stealth MXP winning Network Products Guide The 2008 Outstanding Award in World’s Best Security Products Category and Government Computer News Best of FOSE 2007, and MXI Security was name to Bank Technology News top 10 FutureNow List for 2008. A premier provider of authentication solutions to global financial institutions and the United States government, IdenTrust has won numerous awards and received global recognition from Ernst and Young, Bank Technology News and Financial-i.

About MXI Security

MXI Security, a division of Memory Experts International Inc., leads the way in providing superior managed portable security solutions designed to meet the highest security and privacy standards of even the most demanding customers.

MXI Security solutions combine the power of strong user authentication, digital identity and data encryption to protect access to sensitive information and systems.

Easy to manage and transparent to the end user, MXI Security solutions enable organizations to satisfy multiple security needs with a single device, facilitating greater mobility without compromising security.

For more information please visit www.mxisecurity.com

About IdenTrust

IdenTrust is the global leader in trusted identity solutions, recognized by global financial institutions, government agencies and departments, and commercial organizations around the world. IdenTrust enables organizations to effectively manage the risks associated with identity authentication. The only bank-developed identity authentication system, IdenTrust provides a legally and technologically interoperable environment for authenticating and using identities in 172 countries. IdenTrust enables end-users to have a single identity that can be used with any bank, any application, and across any network. IdenTrust identities are globally interoperable under uniform private contracts.

For more information, visit www.identrust.com.