It was at the end of an IT security event hosted by the Canadian Advanced Technology Alliance last October that someone called to Ian McKinnon from the back of the room. His cheeks flushed and eyes beaming, he approached somewhat awkwardly, nervously, as though he was slightly out of breath. . . .. It was at the end of an IT security event hosted by the Canadian Advanced Technology Alliance last October that someone called to Ian McKinnon from the back of the room. His cheeks flushed and eyes beaming, he approached somewhat awkwardly, nervously, as though he was slightly out of breath. believe you have some good news," said CATA executive director Norm McKenzie. Boy, did he ever: in what could turn out to be the deal of his life, McKinnon announced that the company he worked for, Certicom, had just signed an agreement with the United States National Security Agency (NSA) whereby it would license 26 of its patents. The CATA event had been all about the untapped promise of Canada's fledgling IT security companies. This was what they all hoped to see at the other end. By any measure, we shouldn't even be talking about Certicom anymore. It was one of those companies that got caught up in the dot-com bubble but did not quite burst. McKinnon, who joined the firm as president two years ago, enjoyed none of the skyrocketing success that briefly sent Certicom into the Nasdaq stratosphere, but he inherited all of the aftereffects. Though the NSA deal is only valued at US$26 million, it helped Certicom manage its first profitable quarter and represents the Canadian IT turnaround story of the year. The link for this article located at ITBusiness.ca is no longer available. . At the recent IT Security conference, a pivotal partnership was announced between the NSA and Certicom, expected to enhance encryption standards and data security in government.. Certicom NSA Deal, IT Security Companies, Patent Licensing Impact, Canadian Technology, Business Growth Strategies. . LinuxSecurity.com Team
CI SOFTWARE SOLUTIONS, a small U.K.-based company specializing in business-to-business data encryption, announced Monday that it has acquired the worldwide patent to the transfer of encrypted EDI (electronic data interchange) documents for sending over the Internet. EDI is a standard for . . . . CI SOFTWARE SOLUTIONS, a small U.K.-based company specializing in business-to-business data encryption, announced Monday that it has acquired the worldwide patent to the transfer of encrypted EDI (electronic data interchange) documents for sending over the Internet. EDI is a standard for electronically transmitting information and has been in wide use for approximately 25 years. CI lawyers are examining the company's rights, with a view to requesting license fees from several companies that market EDI software, said CI's Managing Director Jonathan Palmer, who estimated the worldwide market for EDI at some $70 billion a year. The link for this article located at InfoWorld is no longer available. . UK INNOVATIONS LTD, a British firm, secures patent for secure cloud-based file exchange ensuring safe online transactions.. Data Encryption, EDI, Internet Security, Document Transfer, Business Solutions. . LinuxSecurity.com Team
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