SOURCE: Ingrian Networks

January 29, 2007 05:30 ET

DealerTrack Selects Ingrian to Enhance Its Data Privacy

REDWOOD CITY, CA -- (MARKET WIRE) -- January 29, 2007 -- Ingrian® Networks, Inc., the leading provider of data privacy solutions, today announced that DealerTrack, a leading provider of on-demand software and data solutions for the U.S. automotive retail industry, has chosen Ingrian DataSecure® Platforms to safeguard the personally identifiable information (PII) transmitted through the DealerTrack network.

"After evaluating various alternatives to further enhance our security infrastructure, we found that Ingrian offered the most scalable, cost-effective approach," said Charles Giglia, Senior Vice President and Chief Information Officer of DealerTrack. "Ingrian DataSecure centralizes key and policy management as well as offloads cryptographic services onto a dedicated appliance, so we can manage additional encryption with a great deal of efficiency."

"Organizations today are on the front lines of the battle to combat data theft," stated Erich Baumgartner, Vice President of Sales and Marketing, Ingrian Networks. "Because DealerTrack receives and transmits vast amounts of customer financing data every day, it is critical that they employ advanced security solutions and practices to secure that data. We're proud of the fact that we provide companies with a proactive, intelligent, and highly effective way to secure their critical data and guard against a range of threats."

DataSecure Platforms, and all Ingrian solutions, are based upon Ingrian's CHOICE™ architecture, an integrated security architecture that provides customers with the solutions they need today -- and the flexibility to adapt to future requirements. The Ingrian CHOICE architecture features network cryptographic services, standards-based cryptography, application programming interfaces (APIs), and tools. With CHOICE, organizations get all the components required to harness encryption and ensure complete data privacy.

About DealerTrack

DealerTrack Holdings, Inc. (NASDAQ: TRAK) is a leading provider of on-demand software and data solutions for the U.S. automotive retail industry. The company's online credit application processing product automates and accelerates the automotive financing process, while its integrated subscription-based software enables dealers to receive consumer leads, compare financing and leasing options, sell insurance and other aftermarket products, document compliance, and execute financing contracts electronically. Over 22,000 dealers, with more than 85% of all franchised dealers; 300 financing sources, including the 20 largest U.S. independents; and other service and information providers are active in the DealerTrack network. For more information, please visit www.dealertrack.com.

About DataSecure Platforms

Ingrian DataSecure Platforms provide an intelligent, cost-effective way to protect critical data from both internal and external threats. Featuring dedicated hardware appliances and patent-pending cryptography software, Ingrian's solutions deliver capabilities for granular encryption, seamless integration, and centralized security management including:

--  Retailers, financial institutions, and payment processors in adhering
    to card issuer security policies like the Payment Card Industry (PCI) Data
    Security Standard.
--  Organizations around the world seeking to comply with privacy
    legislation, such as California SB1386, the Europe Union Data Protection
    Directive, and many others.
--  Financial institutions seeking to comply with Gramm-Leach-Bliley Act.
--  Government agencies striving to adhere to the Federal Information
    Security Management Act.
    
About Ingrian Networks

Ingrian Networks brings complete data privacy to the enterprise. With Ingrian DataSecure Platforms, organizations can protect critical data from both internal and external threats, and ensure compliance with legislative and policy mandates for security. DataSecure features a dedicated security appliance and specialized software that enables organizations to encrypt critical data in applications and databases. With its capabilities for granular encryption, seamless integration, and centralized security management, DataSecure enables organizations to guard against a range of security threats, with unparalleled ease and cost effectiveness. Ingrian is a privately held company backed by such investors as Globespan Capital Partners, HighBAR Ventures, Menlo Ventures, Partech International, and Prism VentureWorks. For more information, visit http://www.ingrian.com.

Contact Information

  • For more information:

    Ingrian Networks
    Betty Liang
    650-261-2488
    Email Contact

    Mindshare PR for Ingrian
    Heather Fitzsimmons
    650-323-3045
    Email Contact