FOR IMMEDIATE RELEASE
FRIDAY, MARCH 17, 2000
TechGuard Security™ to Offer TradeHarbor's Voice Signature Service® for Global Information Technology Security Solutions
St. Louis, March 17, 2000 -TradeHarbor® The Voice
Signature Company announced today that they have entered into an agreement with
TechGuard Security™, a full-service global information security company, to
integrate TradeHarbor®'s authentication service into TechGuard's security
products and services.
The authentication of an individual's identity is crucial
in the world of commerce. The witness or testimony of others has historically
accomplished this identification. In recent times, with a more mobile society,
people have used some form of portable token that is rare or difficult to
reproduce (e.g. photo ID, government seals, etc.) Today, the prominence of
global communication systems has introduced the need for remotely identifying an
individual.
"Authentication of users is one of the weakest links
in the current security practices in information technology," said Suzanne
Magee Joyce, president of TechGuard Security™ "TradeHarbor®'s service
enables us to offer our customers and partners scalable and secure
state-of-the-art user authentication for network access, authorization, and
e-commerce applications. We selected TradeHarbor®'s technology because of it's
accuracy, scalability, and applicability for our global security
solutions."
Direct sales have dramatically increased on the Internet
even though there is currently no ready alternative to a hand-written signature
as validation for a transaction. To facilitate e-commerce, much effort has been
expended in the past decade to provide secure communication channels over the
Internet. But even with secure channels, transactions involving credit, or
delayed payments of any kind, are at risk if the transaction participants are
not accurately identified. TradeHarbor® created The Voice Signature Service®
to fill this market need for authentication.
According to Paul S. Heirendt, president of TradeHarbor®,
Inc. "We are pleased to be working with TechGuard to offer The Voice
Signature Service as an enabling technology for user authentication in their
solutions for government, DOD, defense contractors, Internet infrastructure,
financial services, B2B, supply chain, and healthcare. We believe that biometric
authentication of users is critical in these high security applications, and we
are proud that TechGuard has selected our service for their proactive security
solutions."
TechGuard Security™ (www.TechGuardSecurity.com) is a
full-service global information technology security company, offering goods and
services to protect the Internet, and ensure safe e-commerce. Using strategic
planning, TechGuard promotes proactive rather than reactive security solutions.
TechGuard is a majority women-owned business, performing ongoing research and
development of next-generation security products.
TradeHarbor®, Inc. (www.TradeHarbor.com) has been established as the premier Voice Signature Company on the Internet. TradeHarbor®'s Internet based service offering: The Voice Signature Service® enables user authentication by providing Voice Signature capabilities as a direct replacement or adjunct for hand-written signatures.
This press release contains statements of a forward-looking
nature relating to future events or future financial results. Investors are
cautioned that such statements are only predictions and actual events or
results may differ materially. In evaluating such statements, investors should
specifically consider various factors, which could cause actual events or
results to differ materially from those indicated from such forward-looking
statements. The Company undertakes no obligation to publicly release the
results of any revisions to these forward-looking statements that may be made
to reflect events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events.
CONTACTS:
For TradeHarbor®, Inc. - Paul S. Heirendt (314) 878-1200
For TechGuard Security™ - Suzanne Magee Joyce (314) 407-9119 email: suzanne.joyce@techguardsecurity.com
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