NEUBIBERG, GERMANY, and PALO ALTO, CA--(MARKET WIRE)--Apr 22, 2008 -- Infineon Technologies
AG (Frankfurt:
IFX.F -
News) (NYSE:
IFX -
News), a leading provider of security
semiconductors and enterprise security software, and PGP
Corporation, a
global leader in enterprise data protection, today announced
that they have
begun collaboration across a range of technical and business
areas. The two
companies will initially provide a combined solution to
allow Trusted
Platform Module provisioning and management in conjunction
with PGP®
Whole Disk Encryption.
The PGP® Encryption Platform and Infineon's recently
announced Trusted
Computing Management Server (TCMS) software are complementary
robust and
mature security solutions. The combined solution will enable
enterprises to
comprehensively manage their data protection systems with
Trusted Platform
Modules (TPMs). TPMs are security microcontrollers present
in most
enterprise-class PCs deployed today. Until the advent of
TCMS, these TPMs
could not be used effectively due to lack of centralized
manageability.
PGP Whole Disk Encryption, one of the applications of the
PGP Encryption
Platform, utilizes a PC's integrated TPM chip to add a second
authentication factor to a basic passphrase. Enterprise
customers can now
leverage the TCMS infrastructure to centrally provision,
manage, and back
up TPM-based keys as a first step to a comprehensive deployment
of desktop
encryption. Together, Infineon's and PGP Corporation's products
meet the
most critical enterprise requirements of recovery, logging,
provisioning,
and policy management.
Infineon is a leader in TPM integrated circuits worldwide
and has the
largest installed base of TPMs currently deployed. In addition,
the
Infineon Professional Package, which provides the operating
system-specific
software components to support TPMs, is pre-installed by
numerous top-tier
PC manufacturers throughout the world. Infineon's TPM Professional
Package
V3.5 is TPM-vendor-neutral, a core capability of the product.
Infineon will
supply client software for Intel's version 1.2 TPMs.
"PGP Corporation is one of the strongest brands in the enterprise
data
protection market, and we are very pleased to be working
together with PGP
Corporation on future projects," said Paolo Cocchiglia,
Vice President,
ASIC Design and Security (ADS) business unit of Infineon
Technologies North
America.
The unique PGP Encryption Platform is the cornerstone of
PGP product
offerings. The PGP Encryption Platform provides a single,
leveraged,
extensible architecture that reduces IT operational costs
and eliminates
the duplicative tasks, systems, training, and support issues
that plague
other approaches. Unlike point solutions that address a
single threat or
cobbled-together product suites that lack integration, the
PGP Encryption
Platform delivers an integrated encryption framework across
the broadest
range of encryption applications.
"We are excited to be working with Infineon, a leading TPM
hardware and
software vendor, to meet the challenges of managing keys
and security
policies across the ever-increasing breadth of security
solutions being
deployed," said Phil Dunkelberger, President and CEO of
PGP Corporation.
"Besides offering our joint customers a unique and powerful
security
solution, this announcement validates the PGP Encryption
Platform strategy
by demonstrating its extensibility across a broad range
of data protection
technologies."
About Infineon
Infineon Technologies AG, Neubiberg, Germany, offers semiconductor
and
system solutions addressing three central challenges to
modern society:
energy efficiency, communications, and security. In the
2007 fiscal year
(ending September), the company reported sales of Euro 7.7
billion
(including Qimonda sales of Euro 3.6 billion) with approximately
43,000
employees worldwide (including approximately 13,500 Qimonda
employees).
With a global presence, Infineon operates through its subsidiaries
in the
U.S. from Milpitas, CA, in the Asia-Pacific region from
Singapore, and in
Japan from Tokyo. Infineon is listed on the Frankfurt Stock
Exchange and on
the New York Stock Exchange (ticker symbol: IFX).
About PGP Corporation
PGP Corporation is a global leader in email and data encryption
software
for enterprise data protection. Based on a unified key management
and
policy infrastructure, the PGP® Encryption Platform
offers the broadest
set of integrated applications for enterprise data security.
PGP®
platform-enabled applications allow organizations to meet
current needs and
expand as security requirements evolve for email, laptops,
desktops,
instant messaging, smartphones, network storage, file transfers,
automated
processes, and backups.
PGP® solutions are used by more than 80,000 enterprises,
businesses, and
governments worldwide, including 95 percent of the Fortune®
100, 75
percent of the Fortune® Global 100, 87 percent of the
German DAX index,
and 51 percent of the U.K. FTSE 100 Index. As a result,
PGP Corporation has
earned a global reputation for innovative, standards-based,
and trusted
solutions. PGP solutions help protect confidential information,
secure
customer data, achieve regulatory and audit compliance,
and safeguard
companies' brands and reputations. Contact PGP Corporation
at www.pgp.com.
Media and Analyst Contacts for PGP Corporation:
U.S.:
Tom Rice
Merritt Group
+1 703 856 2218
rice@merrittgrp.com
Germany:
Ingrid Daschner
Johnson King
+49 (0) 89 8940 8511
ingridd@johnsonking.de
Japan:
Kyosuke Wakairo
Powered Communications
+81 3 5211 7899
pgp@powered-communications.com
U.K.:
Jacqui Depares / Richard Scarlett
Johnson King
+44 (0) 20 7401 7968
pgpteam@johnsonking.co.uk
Legal Notice Regarding Forward-Looking Statements
Some of the statements in this press release are forward-looking,
including
statements regarding the availability, plans, delivery,
goals, development,
expected features, expected benefits and competitive position
of PGP
products implementing or leveraging the PGP technologies.
All references
made to product feature enhancements, improvements in Platform
support or
additional functionality are subject to change at PGP Corporation's
sole
discretion. All future descriptions of PGP technology and
products are
subject to availability only if PGP Corporation decides
to build them and
when PGP Corporation decides to make them commercially available.
Actual
results could differ materially from those expressed in
any forward-looking
statements. Risks and uncertainties that PGP Corporation
faces that could
cause results to differ materially include risks associated
with any
unforeseen technical difficulties or software errors related
to the final
development and launch of any of PGP Corporation's products;
any
technological, regulatory, or standards changes in the security,
encryption
and authentications market which could make PGP Corporation's
products less
competitive or require feature changes in these products;
any slowdown in
the adoption by businesses of encryption suites, secure
email, Internet
technologies or related standard. The forward-looking statements
contained
in this release are made as of the date hereof, and PGP
Corporation does
not assume any obligation to update such statements nor
the reasons why
actual results could differ materially from those projected
in such
statements.
PGP and the PGP logo are registered trademarks of PGP Corporation.
Product
and brand names used in the document may be trademarks or
registered
trademarks of their respective owners. Any such trademarks
or registered
trademarks are the sole property of their respective owners.