Fremont, CA, March 24, 2008 – Innovative Card Technologies, Inc (NASDAQ: INVC), developer of the ICT DisplayCard for e-banking, e-commerce and data access authentication, and ActivIdentity (NASDAQ: ACTI), the trusted provider of identity assurance solutions, today announced the launch of Smart DisplayCard. Smart DisplayCard is the first product to incorporate a one-time passcode display and a PKI chip into a wafer-thin card format.
Developed and supplied by Innovative Card Technologies, the ICT DisplayCard integrates the security of a one-time passcode token directly into a card the size of a standard payment card. At the push of a button on the card, a one-time passcode is shown on the card’s integrated display. During an online transaction, this number is entered into a user interface with other information such as the user’s login name and static PIN for multifactor authentication. The addition of a chip on the Smart DisplayCard enables PKI login, email encryption and digital signature capabilities, and is fully integrated with the ActivIdentity Software portfolio: SecureLogin SSO, ActivClient, ActivID Card Management System, 4TRESS AAA Server and 4TRESS Authentication Server.
“The Smart DisplayCard is the first time that the one-time passcode security of a token has been implemented alongside the authentication and encryption capabilities of PKI in such a unique form factor,” said Thomas Jahn, CEO of ActivIdentity. “This thin card can easily be stored in a user’s wallet, offering unprecedented convenience with the very latest in multi-channel authentication technology.”
Smart DisplayCards are currently available to the ActivIdentity global customer base and the company’s more than 15 million end users worldwide. The Smart DisplayCards can secure a wide range of financial institution customer transactions (login and transfers) at multiple points of access (online, ATM, or by phone). For enterprises, the Smart DisplayCards provide a complete, strong authentication solution for Windows login, remote access, single sign-on and secure email/transactions. The device and all credential management are driven through the ActivID Card Management System.
“I am proud of our technical team for accomplishing another world-first in authentication technology,” said Steven R. Delcarson, CEO and President of Innovative Card Technologies. “I would also like to thank NagraID for embedding the chips into the ICT DisplayCard. This was a great three-way team effort. We are pleased to add the capabilities of ActivIdentity to the growing suite of authentication options offered with our ICT DisplayCard.”
About Innovative Card Technologies
Innovative Card Technologies, Inc. (NASDAQ: INVC) was founded in 1993 to add functionalities to payment cards. The company’s suite of ICT DisplayCards enable dual-factor authentication in a convenient card form. The cards can be configured to offer RFID physical access or payment capabilities, and feature a screen powered by an integrated battery, circuit, and switch. This screen displays a one-time password to verify the presence of the card during online and voice transactions or data systems login. www.incardtech.com
ActivIdentity® Corporation (NASDAQ: ACTI) identity solutions secure the business of enterprise, government, healthcare, and financial services organizations worldwide. Trusted identity is the core of the ActivIdentity platform enabling security for data, networks, applications, passwords and credentials, web, email and documents, transactions as well as converged security.
ActivIdentity solutions support the convergence of physical and logical identity through strong authentication with smart card lifecycle management, adding enterprise single sign on, and data encryption and digital signature.
ActivIdentity customers experience multiple benefits including increased network security, protection against identity theft and online fraud, enhanced workforce productivity, business process efficiencies, and regulatory compliance. For more information, visit www.actividentity.com.
ActivIdentity and ActivCard are registered trademarks in the United States and/or other countries. All other trademarks are the property of their respective owners in the United States and/or other countries.
Public Relations for InCard Tech
McGrath/Power Public Relations for ActivIdentity
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