CRYPTOCard Announces New Software Token that will Enable BlackBerry Handsets to Be Used for Two-Factor Authentication

Business Wire, August 9, 2006

OTTAWA -- In response to the rapidly-growing global demand for cost-effective two-factor authentication for mobile users, CRYPTOCard (www.cryptocard.com), the leading authentication technology developer for heterogeneous environments, today announced that it plans to release a software token for BlackBerry(R) handsets from Research In Motion (RIM) (NASDAQ: RIMM). The software token will enable remote users logging into the corporate network from a PC or laptop via a VPN to use their BlackBerry handset to generate the necessary credentials for two-factor authentication.

Simple to install on any BlackBerry handset, the all-new software token will enable users to utilize their handset to generate a random one-time password (something only they have) which when combined with their unique device password (something only they know) will make it easier to positively authenticate themselves to the corporate network. As a result, BlackBerry users will no longer have to carry a separate device for two-factor authentication, while corporations will benefit by lowering the security costs associated with purchasing and managing hardware tokens.

Developed to meet real-world security requirements, CRYPTOCard's event-based two-factor authentication technology eliminates inherently-weak static passwords by generating a one-time password for every log-on attempt - making stolen credentials useless to hackers. One-time passwords also eliminate the need for users to memorize complicated credentials - significantly reducing the help-desk costs associated with resetting forgotten passwords, and the security risk resulting from users writing them down.

"An organization cannot guarantee system security if each user cannot positively identify themselves to the corporate network, and CRYPTOCard's new token makes it easy for users to utilize their BlackBerry handset to do just that," explained Jason Hart, CEO, CRYPTOCard Europe. "CRYPTOCard prides itself on providing innovative solutions to real-world business problems, and by enabling BlackBerry handsets for use as a two-factor authentication token, CRYPTOCard's new software provides positive user identification without having to carry an additional device."

About CRYPTOCard, Inc.

Established in 1989, CRYPTOCard provides cost-effective Secure Password Technology to leading enterprises worldwide in the government, technology, aerospace, financial, education, telecommunications, and healthcare sectors. CRYPTOCard positively authenticates a user's identity by coupling something in the user's possession (a smart card, hardware token, or software token), with something the user knows (their PIN), and provides centralized authentication for all physical and network access regardless of network infrastructure or user location. A Bristol Rugby Club sponsor, CRYPTOCard's partners include Cisco (Nasdaq:CSCO), Check Point (Nasdaq:CHKP), Nortel, and Citrix (Nasdaq:CTXS). For additional information on CRYPTOCard, please visit www.cryptocard.com.

CRYPTOCard, CRYPTO-Server, CRYPTO-Admin, CRYPTO-Deploy, CRYPTO-Logon, CRYPTO-VPN, and CRYPTO-Web are trademarks of CRYPTOCard, Inc. Other products mentioned herein may be trademarks and/or registered trademarks of their respective owners.

The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited.