From the Wires
Cisco, CyberLock, ImageWare Systems and Wave Systems Discuss Security Solutions
By: Marketwire .
Jan. 30, 2013 12:01 AM
RYE BROOK, NY -- (Marketwire) -- 01/30/13 -- ImageWare Systems (OTCQB: IWSY), Wave Systems (NASDAQ: WAVX)
For the complete interview: www.securitystockwatch.com/Interviews/in_Boardroom_Cisco_UFM.html
CyberLock announced a new version of the CyberKey Vault 20, the CyberKey Vault 20 FX. The redesign features a sleek new look with weatherized input modules and an embedded Flex System Hub for improved performance, all offered at a new, lower price.
"The CyberKey Vault 20 FX is our most advanced key control cabinet (http://www.cyberlock.com/cyberkey-vaults.html) yet," said James McGowan, VP of Sales and Marketing at Videx. "We built on the award winning original design and added extra durability and speed to meet the needs of today's demanding end-users. We believe it will surpass market expectations."
The Vault 20 FX is an intelligent key cabinet designed to manage, program, and dispense CyberKey smart keys. The keys are stored unprogrammed and locked securely in the cabinet until an RFID card and/or PIN code is presented to the cabinet. After reading the card and/or accepting the PIN, the CyberKey Vault programs a CyberKey with the individual's permissions. Keys are programmed with access privileges for each user, detailing which electronic locks (http://www.cyberlock.com/cyberlock_cylinders.html) it can open and when. An audit record of all events is stored in both the locks and the keys. Each time a key is used at a lock, a record of the lock ID, date, and time is stored in the key, and a record of the key ID, date, and time is stored in the lock.
CyberKeys feature a unique electronic ID, preventing duplication. Although two keys can be programmed alike, each one leaves its own unique record within the system. When the key is returned to the Vault, the Vault downloads the key's audit trail, removes its permissions, and begins charging the key.
Videx offers three robust smart key vaults: CyberKey Vault 1, CyberKey Vault 20 FX, and CyberKey Vault WR. To learn more about the CyberLock line of access control (http://www.cyberlock.com/cyberlock_overview.html) products, please visit our website at www.cyberlock.com.
For more information about CyberLock products: http://www.cyberlock.com/cyberlock_products.html.
For the complete interview with Mr. James McGowan, V.P. of Sales and Marketing, Videx: www.securitystockwatch.com/Interviews/in_Boardroom_VIDEX.html
For CyberLock News & Events: www.cyberlock.com/news_events.html
For the CyberLock Solutions Center: www.cyberlock.com/solutions_center.html
For more information: http://www.cyberlock.com
ImageWare Systems recently announced, "In addition to product development, ImageWare has been preparing for a major international deployment as the exclusive provider of biometric identity management for a prime contractor installing cargo scanning security at the Republic of Ecuador's major seaports. The initial deployment is currently scheduled to begin in the early part of 2013 at the Port of Guayaquil, the country's main seaport that handles a majority of its imports and exports. ImageWare expects to receive a fee for every port worker receiving credentials, as well as an annual management and maintenance fee, based on a percentage of the initial credentialing cost per worker. Depending upon the number of enrollees, the company expects the contract value to exceed $3.0 million over its seven year term."
"The high-end biometric secure credentialing solution we are providing for Ecuador is the same technology being deployed for the Los Angeles World Airports, which we announced earlier this year," noted Jim Miller, Chairman and CEO. "In fact, we can easily replicate this platform for virtually any port system that needs transportation worker identification cards in order to comply with the SAFE Port Act. Not only are our solutions easily deployable, for ImageWare they generally represent gross margins above 70% as well as a recurring revenue stream. Our unique patented technology has the potential to provide us strong, steady revenue growth, along with excellent forward-looking visibility."
For the complete interview with Jim Miller, ImageWare Systems, Chairman and CEO: www.securitystockwatch.com/Interviews/in_Boardroom_IMW.html
For ImageWare Systems Investors: http://www.iwsinc.com/about-iws/investors/overview1
For more information: www.iwsinc.com, (OTCQB: IWSY)
Wave Systems Corp., the Trusted Computing Company, announced an expansion of its distribution channel, highlighted by strategic agreements with Infodat Technologies (http://infodatinc.com/) in India; TechSearch Corp. (http://techsearch.co.kr/_new_2012/00_main/main.php) in Korea; and Bangkok Systems & Software (http://www.bangkoksystem.com/bangkok/index.php) in Thailand. Wave is also expanding existing relationships in Singapore and other Asian-Pacific markets.
These new distribution partners are now authorized to offer their customers Wave's innovative solutions for data protection, data loss prevention, authentication, security compliance and malware protection.
"Today's cyber threats call for a unique and innovative approach, and one that builds on industry-standard hardware built directly into the endpoint. We're putting Wave's technology into the hands of top regional distributors whose relationships and trained service professionals offer a fast path to deployment," said Brian Berger, Wave's Executive Vice President of Business Development and Chief Marketing Officer. "Infodat is well-anchored in the Indian market and has earned the trust of its extensive client base. TechSearch is the trusted partner for Korea's IT industry; and Bangkok Systems & Software provides seasoned professionals on the ground in Thailand."
Under the terms of the agreements, Wave's distribution partners will offer both products and professional services. The distributors will offer Wave's EMBASSY® (http://www.wave.com/products) security software for managing hardware-based data protection and authentication, as well as the full Safend (http://www.wave.com/products) portfolio of products. Infodat Technologies has built a strong reputation in India and globally, providing technology services and business solutions for more than 16 years to help its clients innovate, automate information and optimize costs.
For complete details about these announcements: http://www.wave.com/news/
Security Industry Association
Providing Scholarships for First Responders: The 2013 SIA Ride for Education
The SIA Ride for Education will be held on Saturday, April 13, 2013. The event raises money for the SIA First Responders Scholarship, which provides awards of $1,000 to law enforcement officers and firefighters for job-related education and training -- opportunities for which funding might not otherwise be available because of budget cuts.
The ride will start at Las Vegas Harley-Davidson at 9:00 a.m. and will include visits to some of the most scenic sites in Nevada. The cost is $40 per person ($30 if riding as a passenger). Law enforcement officers, firefighters and military personnel may participate at no charge.
All registrants will receive a specially designed "2013 SIA Ride for Education" shirt. Lunch will be provided.
Participants who are not bringing their own motorcycles to the event may contact Las Vegas Harley-Davidson to reserve a bike at the special discounted rate of $125. Availability is limited, so reservations should be made as soon as possible by calling (888) 218-0744, or by visiting the store's rentals page (https://websolutions.tsd-inc.com/Harley-Davidson/frmRateQuote.aspx?PickupLoc=79315). To receive the reduced rate, mention the "SIA group" if reserving by phone, or enter "SIA group" in the Special Requests field if reserving online. We also welcome participants in sports cars and other vehicles. (The same registration rates apply.)
For more information, contact Ron Hawkins, SIA's manager of technical writing and special projects, at (301) 804-4713 or firstname.lastname@example.org.
PSA Security Network
Mr. Bill Bozeman, CPP, CHS, President/CEO, PSA Security Network, said, "PSA Security Network's Business Solutions (http://www.buypsa.com/Solutions) is a suite of value-added products, services and programs that help security professionals be more competitive in the marketplace. Each month, PSA President and CEO Bill Bozeman (http://www.buypsa.com/bbozeman) discusses a Business Solution in detail. This month we'll be focusing on Security Dealer Marketing (http://www.buypsa.com/Security-Dealer-Marketing).
SecurityStockWatch.com: What is Security Dealer Marketing's main focus?
SecurityStockWatch.com: What types of managed services are included with Security Dealer Marketing?
SecurityStockWatch.com: How can Security Dealer Marketing help companies better their business?
SecurityStockWatch.com: Where do I go to find more information or to start using Business Solutions?
The 6th Annual Conference
Join the Ascent to EMV and Smart Mobile Payments
The US is the world's largest payments ecosystem and the migration to EMV -- the global transaction security standard -- has now begun in earnest. Yet, for many banks, credit unions, issuers and merchants there's still a frustrating lack of clarity. At the same time, NFC-enabled payments are starting to take shape as card networks, telecoms and handset manufacturers target the market with mobile wallet solutions. But no ubiquitous model for all merchants and issuers has emerged. Finally, transit ridership is considered by many to be the "killer app" in expanding the use of open standards-based contactless bank card and mobile payments, and major transit operators have launched pilots nationwide.
Considerable work remains to clear a path for this migration. Payments Summit is the place to consult the trailblazers and plan your own journey.
Day on the Slopes Ski Trip: February 3 -- Pre-conference Workshops: February 4. Exhibit and sponsor marketing opportunities are available: Contact Bill Rutledge at email@example.com +1 212-866-2169.
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