Crypto-SignŽ
From Transaction Security, Inc.
FOR IMMEDIATE RELEASE
January 28, 2009
Contact: Rod Beatson
919-372-1849
Rod.Beatson@crypto-sign.com
TSI’s Crypto-Sign A Contender for “World’s Best Technology” Title
Local Home-Grown Technology Grabs Attention at the 2009 WBTshowcase
January 28, 2009 - Pittsboro, NC – Transaction Security, Inc., was selected as one of the top technology innovators from across the nation and around the world to present at the March 24-25
WBTshowcase in Arlington, Texas.
Transaction Security’s Crypto-Sign technology, which provides low-cost, user-friendly, highly secure access protection to mobile devices, data and associated transactions, will be rigorously screened and mentored by WBTshowcase commercialization experts to present to an audience including over 100 venture investors and Fortune 500 licensees.
“The revolutionary nature of the technologies presenting at the WBTshowcase makes it a must attend event for investors and licensing scouts,” said Paul Huleatt, WBTshowcase CEO.
The WBTshowcase is the nation's premier event showcasing the largest collection of undiscovered technologies emanating from the world’s leading universities, labs and research institutions.
“We have been developing the Crypto-Sign technology now for some time,” commented Rod Beatson, TSI’s founder and President. “We believe that, with the proliferation of mobile devices and their approach to laptop functionality, the time has come to replace the password with our biometric software technology, making the devices even more secure and user-friendly than laptops.”
Each year, just one of the WBTshowcase’s carefully selected presenters receives the "Best of Show" award. Mr. Huleatt highlighted that the companies groomed to present at the WBTshowcase leave with new knowledge and contacts to take their technologies to market and beyond.
The 2008 World’s Best Technologies Showcase brought together over 75 world-class deals and attracted over 450 attendees including over 100 bonafide investors and Fortune 500 licensees.
According to Mr. Huleatt, approximately 1/3 of past WBTshowcase presenters have gone on to secure venture capital or a licensing/strategic partnering agreement with a Fortune 1000 company. To date, past presenters have raised over $400 million in first (or next) round venture capital.
ABOUT Transaction Security, Inc –
www.crypto-sign.com
TSI operates from Pittsboro, NC. The Crypto-Sign technology uses innovative biometric software
based on user input to stylus-enabled mobile devices/digitizers. Instead of passwords, for access
control and signature-bearing transactions, users enter self-chosen, simple, display-inhibited secret
signs on-screen. These signs are then compared to previously enrolled templates.
ABOUT WBTshowcase
The WBTshowcase is the nation's premier event showcasing the largest collection of undiscovered
technologies emanating from the world’s leading universities, labs and research institutions.
www.wbtshowcase.com