SOURCE: PhoneFactor

PhoneFactor

February 15, 2010 10:16 ET

PhoneFactor Partners With Cybernet Systems to Provide Strong Authentication Solutions in Japan

OVERLAND PARK, KS--(Marketwire - February 15, 2010) - PhoneFactor, a leading provider of two-factor authentication solutions, today announced that it has signed a distributor agreement with Cybernet Systems Co., Ltd. of Tokyo to sell its PhoneFactor platform in Japan. PhoneFactor's unparalleled phone-based technology provides businesses, banks, hospitals, government agencies and consumers with the two-factor out-of-band authentication solution necessary for secure transactions and data access. With the PhoneFactor solution, organizations that prioritize security along with convenience and cost have the ability to authenticate users directly from the users' phone.

PhoneFactor will deliver their globally available award-winning authentication services, and Cybernet Systems will be responsible for marketing, sales, and technical support in Japan starting in early Q2 2010.

"PhoneFactor is excited about our partnership with Cybernet Systems to provide a strong authentication platform to customers in Japan," said Tim Sutton, CEO, PhoneFactor. "This international expansion and adoption is an exciting next step for our company, and one that speaks volumes about the need for simple, affordable two-factor authentication in all industries worldwide."

Since its foundation, Cybernet Systems has built its solutions business around distributing best of breed software and services, such as WebEx and Checkpoint, to a large base of clients throughout Japan.

"Security is a high priority for our customers and two-factor authentication is critical to protecting access to their networks and data," said Mr.Kyuetsu Mihira, senior managing director, Cybernet Systems. "After reviewing a number of two-factor authentication solutions, we found that PhoneFactor's phone authentication platform provides the strong security our clients need without the cost and administration required of other authentication methods. PhoneFactor will add a critical additional layer of security for our clients, helping mitigate the risks posed by an increasingly sophisticated threat landscape."

About PhoneFactor

PhoneFactor is a leading provider of multi-factor authentication services. The company's award-winning platform by the same name uses any phone as a second form of authentication. PhoneFactor's out-of-band architecture and real-time fraud alerts provide strong security for enterprise and consumer applications. It is easy and cost effective to set up and deploy to large numbers of geographically diverse users. PhoneFactor was recently named to the Bank Technology News FutureNow list of the top 10 technology innovators securing the banking industry today and a finalist in 2010 SC Magazine Reader Trust Awards. Learn more at www.phonefactor.com.

About Cybernet

Cybernet Systems provides a wide range of cutting-edge technology software solutions, educational services, technical support and consulting services in various fields. The company responds to diverse customer needs by promoting a wide range of world-class software for structural, acoustic, mechanical, control system, communications system, illumination analyses, signal processing and optical design. For more detail about Cybernet Systems, please visit their web site at: www.cybernet.co.jp.

Contact Information

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    Pierpont Communications
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