SOURCE: AlgoSec

November 13, 2007 10:00 ET

Information Technology Patent Developed by AlgoSec Co-Founder Wins Prestigious Edison Patent Award

RESTON, VA--(Marketwire - November 13, 2007) - AlgoSec today announced that a patent invented by its co-founder Dr. Avishai Wool has won the prestigious 2007 Thomas Alva Edison Patent Award for Information Technology. The award, from the Research and Development Council of New Jersey, was presented to Alcatel-Lucent for the patent by its Bell Labs research organization entitled: "Method for Providing Long-Lived Broadcast Encryption."

The patent's inventors include Wool, a former Bell Labs employee who is currently CTO of AlgoSec and an Associate Professor in the School of Engineering at Tel Aviv University, Juan A. Garay and Jessica N. Staddon. The US patent, #6839436, was recognized for its contribution to the development of advanced digital rights management schema, for use in areas such as digital video and IPTV.

Following Bell Labs, Wool co-founded AlgoSec, the leading provider of firewall operations and security risk management software solutions. Enterprises across the globe use the AlgoSec Firewall Analyzer (AFA) and its patent pending algorithms to receive unparalleled visibility, analysis and intelligence into their firewall configurations to audit, manage and mitigate their exposure to risk while optimizing IT operations.

For more information about the Research and Development Council of New Jersey and the Edison Award please visit: www.rdnj.org

About AlgoSec

AlgoSec provides advanced firewall operations and security risk management solutions that deliver unparalleled visibility, analysis and intelligence into organizations' firewall policies. Global 2000 organizations around the world rely on AlgoSec's market leading AlgoSec Firewall Analyzer solution to ensure firewall and router security compliance, audit, change management, risk management and policy optimization.

AlgoSec Inc, Algorithmic Security, AlgoSec Firewall Analyzer and the AlgoSec logo are trademarks of Algorithmic Security Inc. All other trademarks are property of their respective holders. For more information about AlgoSec visit: www.algosec.com.

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