Tag Archives: technology ventures

Benchmark Applies GuardTime for Verifiable Proof of Intellectual Property Integrity and Protection

Data integrity service provider GuardTime today announced that Benchmark Solutions will use GuardTime Keyless Signatures to protect its intellectual property (IP), and confidential documents.

New York, NY (USA), Tuesday – December 20, 2011 — Data integrity service provider GuardTime ( http://www.guardtime.com ) today announced that Benchmark Solutions ( http://www.benchmarksolutions.com ), a financial services technology company and the only producer of unbiased, streaming market-derived prices for the fixed income and derivatives markets, will use GuardTime Keyless Signatures to protect its intellectual property (IP), and confidential documents. The GuardTime technology is a software-generated tag for electronic data that provides proof of time, origin, and that not a single bit of the data has changed since the point in timeit was signed. The tag, referred to as a Keyless Signature, never expires and verification relies only on mathematics with no dependence on keys, secrets, tokens, certificates, or any third parties.

Why is this important? Because this process ensures an ironclad, independently-verifiable proof oftime when aninvention was made, along with proof-of-invention ownership thatadheres toU.S. “first-to-invent” requirements. The process also ensures that the data associated with the IP is legally-admissible as evidence in the event of an attack aimed at violating patent rights.

Benchmark’s BMarkSM Real-Time solution provides continuous market-derived real-time pricing data for fixed-income and derivatives products—starting with corporate bonds and credit default swaps, with ongoing expansion slated across other OTC asset classes.

Says Peter Cotton, Benchmark’s Chief Scientist, “We saw the value in cryptographically timestamping intellectual property, notwithstanding possible changes to patent law. The GuardTime solution ( http://www.guardtime.com ) was an easy win and, given the simplicity of the product, we envisage other uses for the technology going forward.”

Using patent-pending Market Calibrated FrameworkSM technology, the BMark Real-Time solution provides unbiased, streaming prices for over 2000 CDS curves across six distinct tenors, and 90% of the corporate bond volume monitored on TRACE. Over 12 million market inputs are analyzed to generate 118 million market-derived prices each trading day with updates every 10 seconds, providing up-to-the-minute assessments of market conditions, credit risk and the complex dynamics of the credit landscape.

To maintain a competitive position, it’s critical for organizations to protect its IP. Using GuardTime Keyless Signatures to sign its IP data, Benchmark Solutions will effectively protectits in-progress inventions, pending patents, and granted patents.

About Benchmark Solutions:
Benchmark Solutions was founded in the wake of the credit crisis in September 2009 to address fundamental shortcomings in price transparency and independence in the fixed-income and derivatives markets – a market that currently trades in the dark with little or no real-time pricing data for a majority of its assets. Backed by Warburg Pincus and led by CEO, Jim Toffey (Founder and CEO of Tradeweb), Benchmark has spent two years and significant financial investment in technology and human capital to solve this problem.

Benchmark’s flagship solution creates the industry’s first and only fully independent, streaming, market-driven pricing for US corporate bonds and CDS with ongoing expansion across other OTC asset classes.

Based on a patent-pending market-calibrated technology, the firm provides comprehensive pricing transparency and analytic solutions offering pre-trade intelligence to empower investment decisions and enhance their clients’ daily workflows, helping them understand the true market value of assets, discover previously unseen buy/sell opportunities, and proactively manage risk in real-time.

Benchmark employs over 70 professionals in finance and technology and is headquartered in New York.

For more information, please visit http://www.benchmarksolutions.com

About GuardTime:
GuardTime was founded with the goal of solving one of the biggest problems in computing: how to be sure electronic data is authentic. GuardTime’s Keyless Signatures provide proof of origin and that not a single bit of the data has changed since a specific point in time. The verification of the signatures can be done offline without reliance on keys, secrets, or the existence of a trusted third party. GuardTime’s mission is to change the world to one where Keyless Signatures are ubiquitous and a natural part of the everyday data lifecycle, whether on disk, in transit, or in the Cloud. The company was recently selected as co-winner of the Innotribe $100K Start-Up Challenge, honoring the company as one of the world’s most promising financial technology start-ups. Visit http://www.guardtime.com for more information about using Keyless Signatures for signing your data.

All company names are trademarks of their respective owners.

GuardTime PR Contact:
Victor Cruz, MediaPR
vcruz@mediapr.net

Benchmark PR Contact:
Ceci Thomas
ceci.thomas@benchmarksolutions.com

Press & Media Contact:
Victor Cruz, Principal
MediaPR.net Inc
New York, NY 10178 – USA
+1 978-594-4134
vcruz@mediapr.net
http://www.guardtime.com

Aha eCommerce Service to Use GuardTime Keyless Signatures to Eliminate Fraud and Close the Trust Gap

All coupons and agreements are recorded and maintained with lifelong non-repudiation.

Mountain View, CA / Reykjavík, Iceland, Tuesday – December 20, 2011 — Aha ( http://www.aha.is ), one of the largest eCommerce companies in Iceland with its main focus on daily deals, selling Internet coupons for everything from spa treatments to Go-Kart racing, has teamed up with data integrity service provider GuardTime in order to bring Aha merchants peace of mind. With the GuardTime Keyless Signature Service, Aha will be able to solidify its business agreements, conduct tamper-evident coupon transaction auditing for all its daily deals, and wipe out the question of trust that can linger around the authenticity of the data.

Selling “deal of the day” e-coupons to consumers is hugely popular, as evidenced by Groupon Inc.’s recent $700 million initial public offering, the largest IPO by a U.S. Internet company since Google’s 2004 IPO. There are plenty of other daily deals sites to reference as well, including U.S. and UK-based Living Social, which last week managed a national offer for McDonald’s, the fast food chain’s largest daily deal ever.

Yet with so much money at stake, fraud attempts are bound to follow. Aside from risks of coupon tampering, daily deals service providers typically have full control over their transaction-processing and data storage systems which can also raise doubt in merchants’ minds concerning the handling of the data. Without a verifiable auditing system in place, how is a service provider to prove authenticity on its end in the event that a dispute arises?

For example, this week Groupon was accused of altering previously-sent emails which capture the details of its agreements with its merchants. Filing a class action lawsuit, BidMyCrib.com sued Groupon in a Chicago federal court for allegedly violating the Stored Communications Act by altering sent emails “in electronic storage.”While GuardTime has no insight into either party’s position on the matter, this is a case that would be easy to prove either way – and could have even been avoided – if Keyless Signatures had been applied.

Aha’s daily deals service uses digital and printed coupons, allowing merchants to log any usage through QR codes and a secure merchant fulfillment web portal. The terms of service are also negotiated and agreed upon prior to merchant deals being offered to consumers. With the number of merchants, consumers, and transactions residing within the Aha service platform, it is critical to have proof of who is involved, what each party has agreed to, and what activities have taken place. All aspects of each agreement and every step of each transaction require a verifiable audit trail. This is where GuardTime Keyless Signatures ( http://www.guardtime.com ) come into play.

“The amount of activity on any one daily deals website creates a lot of traffic and a lot of noise that opens the opportunity for a tremendous amount of fraud, and even accidental mishandling of coupons by the merchants themselves,” says Mike Gault, GuardTime CEO. “By digitally signing all transactions through a third party, Aha can strengthen its relationships with its merchants, converting trust-based hand shakes into proof-based binding digital agreements.”

“As a company with a strong focus on eCommerce, we see tremendous value in using Keyless Signatures,” says Maron Kristófersson, CEO of Aha.”We currently sign 3-4 agreements with customers each day; with Keyless Signatures we envision a future in which all these agreements are finalized online, saving us paper, simplifying accounting, and saving a tremendous amount of time in our sales processes.”

In addition to increasing efficiency and turning the data that passes though Aha’s system into signed, tamper-evident data, the GuardTime Keyless Signature Service ( http://www.guardtime.com ) isal so the only solution to provide Aha with the ability to independently verify the signatures without reliance on GuardTime or any other third party.

“With GuardTime we have bank-grade, tamper-evident security and can produce a verifiable digital audit trail for every action, “added Kristófersson. “Merchants that use our system have practically eliminated the risk of processing false coupons as the success rate for coupon tampering is as likely as winning the lottery.”

In summary, by using the GuardTime Keyless Signature Service, Aha receives the following benefits:
* All business arrangements and associated agreements are recorded and maintained with lifelong non-repudiation.
* Merchants can prove electronic coupon authenticity prior to accepting and processing.
* All parties have proof of the status of electronic coupons.
* Trust is now backed by mathematics.

About Aha:
Aha.is, one of the largest eCommerce companies in Iceland, provides a daily deals service which enables multiple merchants to list online offers for goods and services that consumers can purchase at tough-to-beat prices. Aha’s e-coupon system makes it easy for merchants to increase sales and reach wider consumer audiences while also providing a hub for consumers to find terrific deals on just about anything.

About GuardTime:
GuardTime was founded with the goal of solving one of the biggest problems in computing: how to be sure electronic data is authentic. GuardTime’s Keyless Signatures provide proof of origin and that not a single bit has changed since a specific point in time. The verification of the signature can be done offline without reliance on keys, secrets, or the existence of a trusted third party. GuardTime’s mission is to change the world to one in which Keyless Signatures are ubiquitous and a natural part of the everyday data lifecycle, whether on disk, in transit, or in the Cloud. Visit http://www.guardtime.com for more information about using Keyless Signatures for signing your data.

All company names are trademarks of their respective owners.

GuardTime PR Contact:
Victor Cruz, MediaPR
vcruz@mediapr.net

Aha Contact:
Maron Kristófersson, CEO
maron@aha.is
+354 664 7311

Press & Media Contact:
Victor Cruz, Principal
MediaPR.net Inc
Mountain View, CA – USA
+1 978-594-4134
vcruz@mediapr.net
http://www.guardtime.com

Estonia Adopts GuardTime Digital Signatures

GuardTime, today announced that the Estonia Ministry of Economic Affairs and Communications signed a memorandum of co-operation, according to which Estonia will start looking for opportunities to implement digital signatures in e-state information systems.

Tallinn, Estonia, Wednesday – December 14, 2011 — GuardTime ( http://www.guardtime.com ) creator of the Keyless Signature technology used to provide indisputable proof of time, origin, and integrity for electronic data, today announced that the Estonia Ministry of Economic Affairs and Communications signed a memorandum of co-operation, according to which Estonia will start looking for opportunities to implement digital signatures in e-state information systems.

“GuardTime’s technology allows documents to be signed easily and securely, making forgeries and changing an already signed document without the signer’s consent impossible,” said the Estonian Minister of Economic Affairs and Communications Juhan Parts. “Estonia’s ambition is to be the most secure e-states in the world and GuardTime provides significant alternatives in the realization of Estonian public sector security measures,” Parts added.

The digital timestamp technology was developed by Estonian scientists AhtoBuldas and MärtSaarepera. GuardTime provides a mathematically based digital signature service that proves authenticity of documents and data. GuardTime’s technology is already used by companies both in and outside of Estonia, but Estonia is progressive with its information technology and is the first country in the world to adopt Keyless Signatures in the public sector.

According to GuardTime Estonia ( http://www.guardtime.com ) CEO Raul Vahisalu, cracking digital timestamps is mathematically impossible and signatures cannot be forged or changed without the author’s consent. “These reasons make it a perfect data protection solution for countries, which have to keep their data secured on one hand, but also make it accessible to citizens. We are very keen to start co-operation,” said Vahisalu.

The first Estonian public sector organization working on implementing GuardTime’s signature is the National Archive of Estonia. “For long-term storage, ensuring authenticity is one of the key issues,” said LauriLeht, head of the National Archive’s digital preservation bureau. “Implementing timestamps for digitized documents coming into the archive and signing internal materials gives an objective proof that the files have not been changed by unauthorized users,” added Leht.

GuardTime’s digital signature ( http://www.guardtime.com ) can be verified by a code published in the Financial Times that contains a hash value, date and time record. In Estonia, GuardTime’s technology has already been adopted by SEB Bank.

GuardTime’s founders invented an algorithm that mathematically proves the time, location and integrity of electronic data at rest and in motion. GuardTime’s Keyless Signatures ( http://www.guardtime.com ) enable enterprises to switch to a cloud compute model with confidence, maintaining an independent audit trail of all data and related activities while complying with regulatory and legal admissibility requirements.

About GuardTime:
GuardTime was founded with the goal of solving one of the biggest problems in computing: how to be sure electronic data is authentic. GuardTime’s Keyless Signatures provide proof of origin and that not a single bit of the data has changed since a specific point in time. The verification of the signatures can be done offline without reliance on keys, secrets, or the existence of a trusted third party. GuardTime’s mission is to change the world to one where Keyless Signatures are ubiquitous and a natural part of the everyday data lifecycle, whether on disk, in transit, or in the Cloud. The company was recently selected as co-winner of the Innotribe $100K Start-Up Challenge, honoring the company as one of the world’s most promising financial technology start-ups. Visit http://www.guardtime.com for more information about using Keyless Signatures for signing your data.

Contacts:
UunoVallner
Director of the Division of Information Technology Architecture at the Estonian Ministry of Economic Affairs and Communications
+372 513 7174
uuno.vallner@riso.ee

LauriLeht
Head of the National Archive’s Digital Preservation Bureau
+3727387535
lauri.leht@ra.ee

Press & Media Contact:
Raul Vahisalu, CEO
GuardTime Estonia
Tallinn, Estonia
+372 509 0385
raul.vahisalu@guardtime.com
http://www.guardtime.com

GuardTime, Inventor of Keyless Signatures, Appoints New CFO and COO

GuardTime today appointed Tim Fitzpatrick as its new Chief Financial Officer. Fitzpatrick replaces the previous CFO Bart Matusow, who has been appointed as GuardTime’s new Chief Operating Officer.

Singapore / Los Angeles, CA (USA), Friday – October 07, 2011 — GuardTime ( http://www.guardtime.com ), creator of the Keyless Signature technology used to provide indisputable proof of time, origin, and integrity for electronic data, today appointed Tim Fitzpatrick as its new Chief Financial Officer. Fitzpatrick replaces the previous CFO Bart Matusow, who has been appointed as GuardTime’s new Chief Operating Officer.

Before joining GuardTime, Fitzpatrick served as General Counsel for five years to a $3 billion NYSE-listed medical devices company. Prior to that, he practiced law in the corporate finance practice of international law firms in the United States and Hong Kong. Fitzpatrick received his MBA from the Kellogg-HKUST Executive MBA Program in Hong Kong, in addition to a JD degree from the University of California/Los Angeles School of Law, and an MA degree in Political Science from University of California/San Diego, and a BA in Political Science from Hamilton College.

“We’re excited to have Tim Fitzpatrick join our executive team,” said CEO Mike Gault. “Given his impressive credentials we’re confident that Tim will help drive our growth plans in not just the legal and financial services industry but other key verticals.”

As GuardTime’s new COO, Bart Matusow has 20 years of financial industry experience covering money markets, commercial paper, foreign exchange, corporate bonds and derivatives. Prior to serving for nearly three years as CFO for GuardTime, he was a Director at Credit Suisse and before that, a Trader at the Commonwealth Bank of Australia. He received a Bachelor’s degree in Economics and English from Rutgers University.

“Bart Matusow performed a great service for us in the CFO role,” added Gault.”I’m excited to have him step up in a broader role as COO to manage the company’s growth into the future.”

Most recently, GuardTime was selected co-winner of the Innotribe $100K Start-Up Challenge, honoring the company as one of the world’s most promising financial technology start-ups.

About GuardTime:
GuardTime was founded with the goal of solving one of the biggest problems in computing: how to be sure electronic data is authentic. GuardTime’s Keyless Signatures provide proof of origin and that not a single bit has changed since a point in time. The verification of the signature can be done offline without reliance on keys, secrets, or the existence of a trusted third party. GuardTime’s mission is to change the world to one where Keyless Signatures are ubiquitous and a natural part of the everyday data lifecycle, whether on disk, in transit, or in the cloud. Visit http://www.guardtime.com for more information about using Keyless Signatures for signing your data.

All company names are trademarks of their respective owners.

Press & Media Contact:
Victor Cruz
MediaPR.net Inc
Singapore
+1 978-594-4134
vcruz@mediapr.net
http://www.guardtime.com

GuardTime Wins $50,000 Innotribe Start-Up Challenge for Most Promising Fintech Startup

GuardTime is honored to announce it was selected a winner in the Innotribe$100K Start-Up Challenge, honoring the company as one of the most promising financial technology start-ups in 2011.

Toronto, ON (CANADA), Thursday – September 29, 2011 — GuardTime ( http://www.guardtime.com ), creator of the Keyless Signature technologyprovidingindisputable proof of time, origin, and integrity for electronic data, is honored to announce it was selected a winner in the Innotribe$100K Start-Up Challenge, honoring the company as one of the most promising financial technology start-ups in 2011. Selected from over 100 applicants, this year’s judges awarded the prize to two winners, each receiving $50,000. The other winning company announced is Truaxis (formerly BillShrink), for its Statement Rewards application that creates transaction-based services for financial institutions, merchants and consumers.

The 2011 Innotribe $100K Start-up Challenge was designed to introduce the most promising FinTech and Financial Services start-ups to SWIFT’s community of more than 9,700 banking organizations, securities institutions and corporate customers in 209 countries. The award was presented in front of an audience of roughly 8000 financial industry professionals during the Innotribe@Sibos conference in Toronto on 22 September.

“We’re thrilled to be recognized by the financial services industry forinnovation that creates indisputable and mathematically-sound audit trails for all electronic data, making it ideal for applications such as Internet banking, mobile payments, digital log forensics and eDiscovery,” said Mike Gault, CEO, GuardTime. “This award further validates why our customers partnered with us, and the benefits they’ve realized from using GuardTime.”

KostaPeric, Head of Innovation at SWIFT, said: “The Start-Up Challenge is a vital component of Innotribe’s work to nurture new solutions to common financial industry challenges, and Innotribe@Sibos is the ideal environment in which to foster collaborative engagement with the most exciting new propositions coming out of the start-up community. This year’s winners, including GuardTime, represent innovation at its best.”

GuardTime customer/partners include:
* ARKIBIZ, a leader in cloud-based e-documents and records management solutions;
* Authentify, a leader in telephone-based, multi-factor authentication services;
* Brother Industries of Japan;
* Cernam, a cloud-based eDiscovery service provider;
* Ftopia, an online collaboration and storage service;
* Rakuten Bank, Japan’s largest online bank;
* SEB Estonia Bank, one of the most wired banks in the world;
* Joyent, a web-hosting provider and cloud application developer, whose customers include Twitter and LinkedIn.

More information can be found at: http://innotribestartup.myreviewroom.com/pages/details

About GuardTime:
GuardTime was founded with the goal of solving one of the biggest problems in computing: trust. GuardTime’s Keyless Signatures provide proof of data integrity, signing authority, and time. The verification of the signature can be done offline without reliance on keys, secrets, or the existence of a trusted third party. GuardTime’s mission is to change the world to one where Keyless Signatures are ubiquitous and a natural part of the everyday data lifecycle, whether on disk, in transit, or in the cloud.Visit http://www.guardtime.com for more information about using Keyless Signatures for signing your data.

All company names are trademarks of their respective owners.

Press & Media Contact:
Victor Cruz
MediaPR.net Inc
Toronto, ON
Canada
+1 978-594-4134
vcruz@mediapr.net
http://www.guardtime.com

GuardTime Keyless Signatures Sign 98% of SEB Estonia Banking Transactions, Protecting against Fraud

GuardTime, today announced that SEB Estonia, a member of the international SEB Group,has selected the Keyless Signature Service for assuring the integrity for all of their electronic banking transactions, providing customers with indisputable proof that the bank’s assets are protected against insider attacks, external breaches and fraud.

Mountainview, CA / Tallinn, Estonia – Tuesday – September 20, 2011 — GuardTime ( http://www.guardtime.com ),creator of the patented Keyless Signature technology used to convert the trust relationship between business operations and data to one based on proof, today announced that SEB Estonia, a member of the international SEB Group, has selected the Keyless Signature Service for assuring the integrity for all of their electronic banking transactions, providing customers with indisputable proof that the bank’s assets are protected against insider attacks, external breaches and fraud.

Ninety-eight percent of all banking transactions at SEB Estonia are carried out electronically; at an ATM, online via the web, or through a mobile device. By signing their banking transaction logs using the GuardTime Keyless Signature Service, SEB Estonia can be assured that attacks against, and the misuse of, their systems and data becomes impossible to conceal.

“With GuardTime’s unique Keyless Signatures service, we are now able to independently prove the time, origin and content for all of our electronic banking transactions,” said Kaido Raiend, Head of IT Security Analysis for SEB Estonia. “As tampered data becomes mathematically-capable to detect, we have the legal proof necessary to confirm that the transactions were conducted and recorded at the times specified and that they remain intact and accurate” even if GuardTime ever ceased to exist.”

GuardTime’s Keyless Signatures ( http://www.guardtime.com ) are stored and archived with each and every SEB Estonia transaction log, providing SEB Estonia proof of time and integrity for the life of their data. As the signatures do not use any public/private encryption keys for long-term verification, the proof will never expire. The signatures are portable, thereby enabling SEBE stonia to electronically archive their signed logs without loss of legal strength; this substantially reduces the bank’s risk as well as their overall paper-based and digital archiving costs.

Around the globe, financial institutions, hardware manufacturers, Telco operators, cloud service providers, legal entities, and insurance companies are using the GuardTime ( http://www.guardtime.com ) service to make the electronic world a safer place; a world based on proof rather than trust.

About SEB Estonia:
AS SEB Pank, a member of SEB Group, is an Estonian financial group that serves private individuals, companies and the public sector. The bank is a universal bank that offers its customers a wide range of financial services. The more than 820,000 customers of SEB Pank Group are served by 1300 employees. The customers are served through many different channels such as 38 branch offices, 226 on-line post offices, 350 ATMs, 6191 POS-terminals. There are more than 500 000 debit and credit cards in use. ¾ of customers are served over Internet bank. For more information, visit http://www.seb.ee.

About GuardTime:
A Red Herring Global 100 Winner and Frost & Sullivan Product Innovation Award Winner, GuardTime was founded with the goal of solving one of the biggest problems in computing: trust. GuardTime’s Keyless Signatures provide proof of data integrity, signing authority, and time. The verification of the signature can be done both online and offline and does not rely on keys, secrets, or the existence of a trusted third party. GuardTime’s mission is to change the world to one where keyless signatures are ubiquitous and a natural part of the everyday data lifecycle, whether on disk, in transit or in the cloud.

Visit http://www.guardtime.com for more information about using Keyless Signatures for signing data.

Press & Media Contact:
Victor Cruz
MediaPR.net Inc
Singapore
+1 978-594-4134
vcruz@mediapr.net
http://www.guardtime.com

Arkibiz Partners with GuardTime to Provide Auditable E-Documents and Records Management in the Cloud

Truly paperless, fully auditable, all cloud.

Singapore/ Kuala Lumpur – Tuesday – September 20, 2011 — GuardTime ( http://www.guardtime.com ), creator of the patented Keyless Signature technology used to provide indisputable proof of time, origin, and integrity for electronic information, today announced that its Keyless Signatures will be adopted by ARKIBIZ, a leader in cloud-based information management solutions aimed at providing proof of data and transaction integrity for e-documents and records management.

Up to 80% of today’s business information is created and managed in unstructured form; it is expected to rise to 90% or more in the coming years. According to recent IDC estimates, every 5.5 years ofdata managed by enterprises will grow by a factor of 10.According to collaborative research conducted by NetApp and marketing research firm ACNielsen, ERP, CRM, and corporate emails are the leading causes of this massive growth in data, where roughly 62% of the total enterprise data is affected.

Document and records management solutions have become an essential part of the everyday IT infrastructure. However, not all organizations can invest in enterprise-level solutions such as those from vendors like IBM, Oracle, and EMC. The Ebikko solution from ARKIBIZ is a cloud-based, full multi-tenant EDRMS solution with a highly-customizable workflow module. The rich functionalities of the EDRMS are accessed seamlessly through a web browser on the desktop without the user ever having to install any software.

GuardTime’s Keyless Signature technology is used by ARKIBIZ to sign the records and archived files managed by the ARKIBIZ EDRMS solution. This provides consumers with undeniable proof of authenticity and integrity of both the process and the data. Having audit-ready, independently-verifiable data that captures all transactions and documents solves a variety of compliance issues and a host of potentially business-damaging disputes otherwise left to trust. By converting trust to proof, companies can also reduce their dependency on paper-based transactions while improving overall productivity across their entire document workflow process.

“GuardTime’s innovative technology ( http://www.guardtime.com ) changes the game for the EDRMS market,” said Steve Kucia, Director of Global Sales and Marketing, ARKIBIZ. “With the integration of Keyless Signatures in our offering, our customers gain proof of authenticity for their data and surrounding workflow, regardless of the information being stored on their disks, crossing the wire, or hosted in the cloud.”

“Technologies brought to market prior to GuardTime’s patented Keyless Signatures have failed to deliver simple and lasting solutions for digital data integrity,” said Mike Gault, GuardTime CEO. “There has been an unacceptable amount of reliance on the various layers of security designed to ‘trust’ the data. This issue of trust is totally exposed in the cloud, where the data itself needs to carry with it the proof of time, integrity and origin. With GuardTime’s Keyless Signature Service ( http://www.guardtime.com ), an organization’s most valuable digital assets are assured with provable integrity regardless of where they are stored, who needs to verify them, and when.”

This announcement follows a string of similar partner integration deals that include such companies as Japan’s Brother Industries, web-hosting provider Joyent, whose customers include Twitter and LinkedIn, and cloud-based eDiscovery service provider, Cernam.

About ARKIBIZ:
ARKIBIZ assists companies in the management of their information according to their business lifecycles, enabling them to comply with local and international standards and regulations. ARKIBIZ provides cloud-based data management solutions for records, documents, business process information, and archives. ARKIBIZ Ebikko solution platform is sold by over 40 resellers in more than 10 countries.

About GuardTime:
A Red Herring Global 100 Winner and Frost & Sullivan Product Innovation Award Winner, GuardTime was founded with the goal of solving one of the biggest problems in computing: trust. GuardTime’s Keyless Signatures provide proof of data integrity, signing authority, and time. The verification of the signature can be done offline without the reliance on keys, secrets, or the existence of a trusted third party. GuardTime’s mission is to change the world to one where keyless signatures are ubiquitous and a natural part of the everyday data lifecycle, whether on disk, in transit, or in the cloud. Visit http://www.guardtime.com for more information about using Keyless Signatures for signing data.

GuardTime PR Contact
Victor Cruz, MediaPR
+1 978.594.4134
vcruz@mediapr.net

ARKIBIZ Contact
Steve Kucia, Director Global Sales and Marketing
+61 2 8005 7143
steve.kucia@arkibiz.com

Press & Media Contact:
Victor Cruz
MediaPR.net Inc
Singapore
+1 978-594-4134
vcruz@mediapr.net
http://www.guardtime.com

GuardTime Selected as Top 10 Finalist for Innotribe Start-Up Challenge

GuardTime, is pleased to announce that it has been selected as a top 10 finalist in the Innotribe $100K Start-Up Challenge, honoring the company as one of the most promising financial technology and financial services start-ups.

Singapore, Thursday – September 08, 2011 — GuardTime ( http://www.guardtime.com ), creator of the Keyless Signature technology providingin disputable proof of time, origin, and dataintegrity for electronic information, is pleased to announce that it has been selected as a top 10 finalist in the Innotribe $100K Start-Up Challenge, honoring the company as one of the most promising financial technology and financial services start-ups.

GuardTime’s Keyless Signatures allow for the creation of provable audit trails for all electronic data, making it ideal for financial services applications such as Internet banking, mobile payments, business-to-business and business-to-consumer communications, digital log forensics, and eDiscovery.

Early investors in GuardTime include Ambient Sound Investments,Horizons Ventures, and the Infocomm Development Agency (IDA) of Singapore.

The Innotribe Challenge was open to over 80 innovative technology start-ups and technology-enabled financial service companies from more than 15 countriesworking in areas such as payments, securities, trading, social media tools, big data/data analytics, security, identity, b2b or b2b2c mobile, and small business apps & services and/or IT infrastructure.

On September 21, 2011 at Sibos in Toronto, GuardTime ( http://www.guardtime.com ) and nine other finalists, selected by expert judges and community votes will present to an invitation-only audience of dozens of decision-makers from the world’s largest financial institutions, serial entrepreneurs, investors, and media. On September 22, two of these finalists will each be presented with a check for $50,000 in front of Sibos’ audience of 8,000 financial industry professionals.

GuardTime looks forward to the opportunity to accept two invitations to the post-competition networking dinner with investors and executives from institutions such as CITI,Credit Agricole, Deutsche, DNBNor, HSBC, JP Morgan, OCBC, and Standard Chartered.

More information can be found at: http://innotribestartup.myreviewroom.com/pages/details

About GuardTime
GuardTime captured the top spot in the public vote for the Innotribe Start-Up Challenge (http://bit.ly/oOLkxc).Also a Red Herring Global 100 Winner and Frost & Sullivan Product Innovation Award Winner, GuardTime was founded with the goal of solving one of the biggest problems in computing: trust. GuardTime’s Keyless Signatures provide proof of data integrity, signing authority, and time. The verification of the signature can be done offline without reliance on keys, secrets, or the existence of a trusted third party. GuardTime’s mission is to change the world to one where Keyless Signatures are ubiquitous and a natural part of the everyday data lifecycle, whether on disk, in transit, or in the cloud.Visit http://www.guardtime.com for more information about using Keyless Signatures for signing your data.

GuardTime PR Contact:
Victor Cruz, MediaPR
vcruz@mediapr.net
+1 978.594.4134

Press & Media Contact:
Victor Cruz
MediaPR.net Inc
Singapore
+1 978-594-4134
vcruz@mediapr.net
http://www.guardtime.com

GuardTime Welcomes Your Vote for Innotribe Start-up Challenge

GuardTime, creator of the Keyless Signature technology providing indisputable proof of time, origin, and dataintegrity for electronic information, is seeking your vote for the Innotribe$100K Start-up Challenge, honoring the most promising financial technology and financial services start-ups.

Singapore, Wednesday – August 17th, 2011 — GuardTime ( http://www.guardtime.com ), creator of the Keyless Signature technologyprovidingindisputable proof of time, origin, and dataintegrity for electronic information, is seeking your vote for the Innotribe$100K Start-up Challenge, honoring the most promising financial technology and financial services start-ups.

GuardTime’s keyless signatures allows for the creation of a provable audit trail for all electronic data, making it ideal for financial services applications such as Internet banking, mobile payments, business-to-business and business-to-consumer communications, digital log forensics, and eDiscovery.

Early investors in GuardTime include Ambient Sound Investments,Horizons Ventures, and the Infocomm Development Agency of Singapore.

Vote with just one click at: http://bit.ly/rcFqSf

The Innotribe Challenge is open to innovative technology start-ups and technology-enabled financial services companies less than 3 years old and working in areas like payments, securities, trading, social media tools, big data/data analytics, security, identity, b2b or b2b2c mobile, small business apps & services &/or IT infrastructure. Eligible applicants will be able to clearly explain why banks or other organizations in the financial industry are ideal customers or partners. More information can be found at:
http://innotribestartup.myreviewroom.com/pages/details

About GuardTime:
A Red Herring Global 100 Winner and Frost & Sullivan Product Innovation Award Winner, GuardTime was founded with the goal of solving one of the biggest problems in computing: trust. GuardTime’s Keyless Signatures provide proof of data integrity, signing authority, and time. The verification of the signature can be done offline without reliance on keys, secrets, or the existence of a trusted third party. GuardTime’s mission is to change the world to one where keyless signatures are ubiquitous and a natural part of the everyday data lifecycle, whether on disk, in transit, or in the cloud.Visit http://www.guardtime.com for more information about using Keyless Signatures for signing your data.

Press & Media Contact:
Victor Cruz
MediaPR.net Inc
Singapore
+1 978-594-4134
vcruz@mediapr.net
http://www.guardtime.com

Proof in the Cloud and the Enterprise: GuardTime Sets the Bar for Data Integrity with Data Audit Server Release

GuardTime today officially announced its Data Audit Server, a product developed using Keyless Signature Infrastructure (KSI), a set of technologies used to prove the properties of electronic data.

Los Angeles, CA / Singapore, Thursday – August 11, 2011 — GuardTime ( http://www.guardtime.com ) today officially announced its Data Audit Server, a product developed using Keyless Signature Infrastructure (KSI), a set of technologies used to prove the properties of electronic data. The Data Audit Server is designed to enable organizations to safeguard their most valuable or confidential data, intellectual property, applications, virtual machines, code, and logs,while residing inside the Enterprise and withinCloud infrastructures.

The complete GuardTime Keyless Signature system allows for any data item in transit, stored on disk or in the cloud, or electronically shared or running in the cloud, to be mathematically identified by the GuardTime Data Audit Server where in turn it will receive its electronicdata signatureusing the company’s patented Keyless Signature technology.

The Keyless Signature proves three things: 1) the exact time that the data was signed; 2) that the data has not been changed or tampered with since the time it was signed; and 3) who or what entity originally signed the data.

GuardTime’s Data Audit Server ( http://www.guardtime.com ) delivers Keyless Signatures for each file signed, where the signatures can be verified online as part of nearly any data workflow or business process, enabling organizations to make informed decisions with a mathematically-provable audit trail for all of their electronic data. This makes fraud harder to conduct and insider attacks nearly impossible to hide while strengthening the legal admissibility of all signed digital records.

Says CEO Mike Gault, “Whether you need proof of origin and time to protect your intellectual property, proof that your event logs remain intact for an upcoming eDiscovery audit, or a mechanism which provides indisputable assurance that attacks on your data and systems have not taken place, you’ll find the GuardTime Data Audit Server will meet your needs.”

GuardTime’s Keyless Signature ( http://www.guardtime.com ) mathematically proves data integrity requiring only the use of the original data, the Keyless Signature for the data signed, and the integrity code published in the World Edition of the Financial Timesnewspaper. With these three things, a client can independently prove the integrity of any data signed by GuardTime without having to trust any third party – not even GuardTime.

“We adopted GuardTime’s Keyless Signatures for the management of digital data in extensive business applications as it is considered to be an ideal service at a very reasonable cost and extremely easy to use. The beauty of the Keyless Signature is it can assure data integrity for the life of the data. This is quite different from existing key-based services which expireand only remain valid for a limited number of years,” said KunihiroYasui, the general manager of NID development group of Brother Industries, LTD.

An organization’s most valuable digital assets are finally assured with provable integrity as the solution delivers completely auditable and forensic quality logs and proof of data integrity for stored or archived data.

Available immediately, pricing for the GuardTime Data Audit Server starts at $1,000 USD per month with a starting capacity of 1 Keyless Signature per second.

About GuardTime:
A Red Herring Global 100 Winner and Frost & Sullivan Product Innovation Award Winner, GuardTime was founded with the goal of solving one of the biggest problems in computing: trust. GuardTime’s Keyless Signatures provide proof of data integrity, signing authority, and time. The verification of the signature can be done offline without the reliance on keys, secrets, or the existence of a trusted third party. GuardTime’s mission is to change the world to one where keyless signatures are ubiquitous and a natural part of the everyday data lifecycle, whether on disk, in transit, or in the cloud.

Visit http://www.guardtime.com for more information about using Keyless Signatures for signing data.

Press & Media Contact:
Victor Cruz
MediaPR.net Inc
Singapore
+1 978-594-4134
vcruz@mediapr.net
http://www.guardtime.com