Technology Nexus AB (publ) and Arcot Systems, Inc., sign partnership agreement concerning security solutions based on Ar

Technology Nexus AB (publ) and Arcot Systems, Inc., sign partnership agreement concerning security solutions based on Arcot's unique patented cryptographic camouflage technology. Technology Nexus, hereafter referred to as Nexus, and Arcot System, Inc., hereafter referred to as Arcot Systems, have signed a partnership agreement concerning security solutions based on Arcot's unique patented cryptographic camouflage technology. Arcot Systems is a leading supplier of solutions for authentication and access control within Internet and mobile communications. Arcot's authentication solutions are based on a patented technology called "Cryptographic Camouflage". This technology protects the private key with the same security level as a hardware solution, which means that digital certificates can be safely stored on personal computers, handheld computers, and mobile telephones without the need for hardware in the form of smart cards, card readers, and digipasses. "Arcot Systems' technology is very interesting, such as within the field of electronic transactions where we see a great market need. With Arcot's solutions, we can offer our customers a new and exciting technology. And through Arcot, we gain an additional interesting alternative solution for our offering of secured solutions," says Mats Enquist, Vice CEO, Nexus. "There is a great need for secure authentication in the Scandinavian market - a market where the demands on mobility are also high," says Åke Nylén, Scandinavian Manager, Arcot, and continues, "By working together with Nexus, a leading supplier of secure solutions in Scandinavia, we will be able to meet these market demands in a natural and effective manner." For further information, please contact: Mats Enquist, Vice CEO, Technology Nexus AB, mobile: +46-705-93 77 71, e-mail: mats.enquist@nexus.se Michael Green, Technology Nexus AB, mobile: +46-705-10 49 95, e- mail: michael.green@nexus.se Åke Nylén, Nordenchef, Arcot, mobile: +46-733-12 44 10, e- mail: ake.nylen@arcot.com Facts about Technology Nexus AB Technology Nexus AB (publ), quoted on the O-list at the Stockholm Stock Exchange, has specialised in the development and supply of secure IT solutions to improve clients' profitability. Nexus works not only with end clients, but also as a development partner for clients with very high quality requirements. Nexus's vision is to be a leading partner for secure solutions in the digital economy. Nexus has around 350 employees, with offices in Stockholm, Gothenburg, Malmö, Uppsala, Linköping (head office), Umeå, Karlstad, Västerås, Borlänge, Hamburg, Paris, London, Madrid, and New York. More information is available at www.nexus.se. E-mail : contact@nexus.se Facts about Arcot Systems, Inc. Arcot Systems, Inc., is the leading provider of authentication and access control solutions for securing e-business in Internet-scale and wireless environments. Only Arcot provides a cost-effective, software- based solution for strongly authenticating payment systems, B2B extranets, Web portals, and virtual private networks. Arcot solutions meet the business need for strong transactional security while providing the customer a user-friendly experience with anytime, anywhere convenience. Leaders in financial services, healthcare, and e-commerce are using Arcot solutions to protect their customers' privacy and reduce fraud. For more information, visit www.arcot.com. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/08/20010508BIT00510/bit0001.doc http://www.bit.se/bitonline/2001/05/08/20010508BIT00510/bit0002.pdf