3/17/10

Voltage Security Selected by Fourth Largest Global Payment Processor for End-to-End Encryption and Tokenization

Katie Evans , Managing Editor, International Research

Fifth Third Processing Solutions to Offer Voltage Technology to Merchant Network as Preferred Solution

March 17, 2010 -- Palo Alto, CA -- Voltage Security, Inc. (www.voltage.com), the global leader in end-to-end data protection, today announced that Fifth Third Processing Solutions, the fourth largest merchant purchase transaction acquirer in the world, will offer Voltage-powered end-to-end encryption and tokenization to its merchant network of over 180,000 merchant locations including hundreds of PCI Level 1 merchants. Fifth Third Processing Solutions will integrate Voltage SecureData Payments™, a version of its industry-leading end-to-end encryption solution specifically tuned for merchants and payment processors, into its payment processing solution and make it available throughout its merchant network.

Voltage SecureData Payments extends data protection from card swipe to card brand hand-off, covering the critical endpoints of the payment stream. This means encryption and protection now covers authorization and settlement at card swipe and post-settlement business processes at the merchant and/or payment processor location.

“The multiple benefits of Voltage end-to-end encryption make it the natural choice for large payment processors such as Fifth Third Processing Solutions. We can scale quickly to meet their needs and integrate seamlessly with various data processing configurations, reducing audit scope and offering outstanding data protection at a greatly reduced cost as compared to other approaches,” said Sathvik Krishnamurthy, president and CEO of Voltage Security.

“We are committed to providing our merchant partners with the most secure payment processing solutions available,” said Bob Bartlett, CIO at Fifth Third Processing Solutions. “This end-to-end encryption solution offers an extremely comprehensive and useful approach to data protection.”

Voltage SecureData Payments Extends Protection, Simplifies Key Management

The entire Voltage SecureData suite of solutions is available today and includes:

Please visit Voltage at www.voltage.com/end-to-end for more detailed information.

Webinar to Discuss How End-to-End Encryption Reduces Merchant Risks The Electronic Transaction Association (ETA), Mercator Advisory Group and Fifth Third Processing Solutions will participate in a web seminar on March 18th, 2010, entitled “Protecting cardholder data - End-to-End Encryption and Tokenization” – which will describe how merchants can reduce the risks and costs associated with protecting cardholder data – to register visit http://www.voltage.com/solutions/technology/end-to-end-encryption/100311-protecting-cardholder-data.htm .

About Voltage Security

Voltage Security, Inc., an enterprise security company, is an encryption innovator and global leader in end-to-end data protection. Voltage solutions, based on next generation cryptography, provide end-to-end encryption, tokenization, masking and simplified key management for protecting sensitive information such as cardholder data. Voltage products enable reduction in PCI audit cost with rapid implementation and the lowest total cost of ownership in the industry through the use of award-winning cryptographic solutions, including Voltage Identity-Based Encryption™ (IBE) and a new breakthrough innovation: Format-Preserving Encryption™ (FPE). Offerings include Voltage SecureMail™, Voltage SecureData™, Voltage SecureFile™ and the Voltage Security Network™ (VSN), an on-demand managed service for the extended business network.

As a service to the industry and general public, the company maintains the Voltage Data Breach Index and Map which is continuously updated with global data breach information: www.voltage.com/data-breach. The Company has been issued several patents based upon breakthrough research in mathematics and cryptographic systems. Customers include Global 1000 companies in banking, retail, insurance, energy, healthcare and government. To learn more about Voltage customers and sign up for the customer news letter please visit www.voltage.com/customers.

Voltage Identity-Based Encryption, Voltage Format-Preserving Encryption, Voltage SecureMail, Voltage SecureFile, Voltage SecureData and the Voltage Security Network (VSN), are registered trademarks of Voltage Security, Inc.

All other trademarks are property of their respective owners.

Contact:

Paula Dunne

Contos Dunne Communications +1 408-776-1400 (o)

+1 408-893-8750 (m)
paula@contosdunne.com

Topics:

business, Electronic commerce, Format-Preserving Encryption, Information technology management, Mathematics

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