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GLOBAL
ALLIANCE INC. INVESTS IN WIRELESS PC SECURITY SOLUTIONS PROVIDER
ENSURE TECHNOLOGIES
Ann
Arbor, Mich., February 13, 2001 —
Ensure Technologies, the award-winning leader in intelligent
digital information security solutions, today announced that
it has recently closed on an investment from Global Alliance
Inc., a Japanese firm managing a private equity investment
fund. The new financing, which will be used to continue expansion
in product development, marketing and sales efforts, brings
Ensure’s total funding to more than $5 million. Ensure’s solutions
conveniently secure access to digital information both on
computing devices and in applications.
“Ensure
is an excellent addition to our group of portfolio companies.
Ensure’s patented wireless security technology closes a critical
security loophole with its full-time access control – all
without requiring the user to do anything more than carry
a XyLoc badge,” said Masaharu Shinya, chairman, Global Alliance
Inc. “At a time when security is so important and employees
are so busy with their work, this solution really hits the
mark. Ensure has tremendous growth potential and we have great
confidence in this strategic investment.”
“We are
very pleased to count Global Alliance among our esteemed investors
and value the confidence they have in our organization and
XyLoc solution,” said George Brostoff, co-founder and president
of Ensure Technologies. “XyLoc brings tremendous security
and convenience to a world that’s becoming more and more dependent
on digital information. The new digital signature law and
federal regulations protecting medical records are good examples
of market drivers for our solutions, which combined with XyLoc’s
ease-of-use and robust security, make us well-positioned for
adoption and deployment.”
XyLoc™
is a patented computer security and personalization solution
that prevents unauthorized access to confidential company
data, and simultaneously makes access to network services
and business applications more convenient for authorized employees.
XyLoc enables the computer to know automatically and effortlessly
who is requesting access to its resources, which delivers
a level of personalization and convenience previously unavailable.
XyLoc’s
patented full-time access control technology protects sensitive
data when it is most vulnerable: after logon, when the authorized
user steps away from the PC for any reason. Suited for a variety
of scalable applications including healthcare and financial
services, XyLoc is proximity-activated and completely “hands-free,”
requiring no user interaction. XyLoc also simplifies access
to PKI and protects digital certificates stored on PCs, helping
to prevent unauthorized e-commerce transactions.
Ensure
is an associate member of the Bluetooth™ Special Interest
Group (SIG), a group working toward a wireless technology
specification that provides links between mobile computers,
mobile phones and other portable and handheld devices, and
connectivity to the Internet. As more Bluetooth devices
come to market, security will become essential to protect
these devices from unauthorized access. Using XyLoc’s patented
technology, network managers can easily load and manage digital
certificates on any Bluetooth PC, phone or PDA, which
will add powerful security features to Bluetooth devices
and appliances.
About
Global Alliance Inc.
Headquartered
in Tokyo, Japan, Global Alliance Inc. is a company that supports
entrepreneurs in the high-tech industry by leveraging the
power of its global base, people-to-people network, technical
expertise and knowledge, consulting experience and consulting
client network as well as its private equity investment fund.
It is currently providing technology-centric consulting services
for over 40 companies consisting of venture capitals, start
ups and established companies while managing the private equity
investment fund, which was jointly established with H&Q
Asia Pacific, a renowned Silicon Valley-based Venture Capital
firm. The company has so far invested into 26 high technology
companies including Ensure Technologies and plans to raise
Fund II and III during 2001.
About
Ensure Technologies
Headquartered
in Ann Arbor, Michigan, Ensure Technologies (www.ensuretech.com)
is the leader in intelligent digital information security
solutions designed to protect an organization’s intellectual
property and physical computing assets from internal security
breaches – conveniently, automatically and transparently.
Ensure’s award-winning XyLoc applies the innovative, patented
technologies of full-time access control and proximity-based
authentication to guard corporate data, and asset tracking
to monitor and protect computing hardware throughout the enterprise
from desktops to mobile PCs. As an associate member of the
Bluetooth Special Interest Group, Ensure and its XyLoc
wireless PC security will allow Bluetooth wireless
devices to positively recognize and identify authorized users
and make Bluetooth phones, PCs and PDAs more convenient
to use.
BLUETOOTH
is a trademark owned by Telefonaktiebolaget L M Ericsson,
Sweden and licensed to Ensure Technologies
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