SAN FRANCISCO AUTHENEX ANNOUNCES NEW PRODUCT FOR SECURITY ON PCsBUSINESS WIRE: The Global Leader in News DistributionRSA Conference 2004

SAN FRANCISCO--(BUSINESS WIRE)--Feb. 23, 2004--Authenex, a leading provider of affordable and strong authenticated e-security applications, today announced the release of Authenex HDLock(TM). HDLock, featuring the Authenex A-Key(TM) USB token, affordably secures PCs and notebooks from unauthorized access. HDLock employs a unique method of strong (two-factor) authentication that does not require PKI, and 128-bit AES hard drive encryption. Encryption of the hard drive contents is particularly important given the recent rise in notebook thefts, and the incalculable damage and expense that can result from the loss of data on a single notebook or desktop computer.


The theft of a laptop results in an average financial loss of $89,000; only a small percentage of the sum actually relates to the hardware cost. Source: 2002 Computer Security Institute/FBI Computer Crime & Security Survey.

"Hardware is replaceable, but data loss causes real problems -- especially if that data includes social security numbers, business financials, credit card numbers or client account information, not to mention passwords and digital credentials," said Henry Hon, executive vice president of Authenex. "While most companies concentrate their security spending at the corporate network level," continued Hon, "they are neglecting to secure the end points, the notebooks and the desktops, where even more sensitive confidential information can reside."