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FOR IMMEDIATE RELEASE  


RECENT LAPTOP THEFTS COULD HAVE BEEN A PROPERTY CRIME, NOT A NATIONAL SECURITY THREAT

An innovative technology from WinMagic Inc. and Precise Biometrics reduces the threat of data theft by locking down computers with strong encryption and biometrics.

(June 20, 2006 – Washington, DC) Today with more than data and personnel on the move organizations are left with huge security holes in even the tightest network security solution. The recent laptop theft with the District of Columbia government, the Department of Veterans Affairs, and Hotels.com are another in a series of examples of data mishaps that place personal information at risk. Combine those thefts have potential put the data of approximately 27 million people at risk of identity theft.

The team of WinMagic and Precise Biometrics has come together to offer the solution to secure that data, so that the theft of a laptop no longer poses a threat to individuals’ privacy or national security. The solution is called pre-boot authentication, and it combines strong encryption – endorsed by the National Security Agency – along with smart card and biometric authentication.

The rationale behind pre-boot authentication is to make the information on the computer inaccessible by not letting it boot up without authorized permission. The pre-boot authentication technology locks the computers hard drive down with encryption at its most basic level or BIOS and only allows it to be unlocked by the combination of a smart card and biometric making it near to impossible for unauthorized access to the data.

Most biometric-based logical access control systems are designed to grant computer access at the operating system (OS) level, generally by securing logon to a Windows OS. Unfortunately, this leaves the computer’s hard disk exposed and vulnerable to hacking before the biometric authentication can take place.

This vulnerability is solved by the WinMagic and Precise Biometrics’ solution by securing the entire hard drive at the BIOS level before any OS can be loaded. The entire drive contents are now fully encrypted and protected with dual-factor (biometric and smartcard) authentication.

The solution offered by WinMagic and Precise Biometrics is a part of a pilot project with the Department of State, which will lead the department to a Homeland Security Presidential Directive 12 (HSPD-12) and FIPS 201 compliant solution, and its software is FIPS 140 Level 2 certified.

For further information, please contact Christer Bergman, President & CEO, Precise Biometrics AB. telephone +1(0) 703 405 8255, or +46 (0) 730 35 67 26 or via email christer.bergman@precisebiometrics.com or Thi Nguyen-Huu through contact Chuck Hester, APR, director of public relations, Koroberi, Inc. by phone at (919) 960-9794 ext. 24 or by e-mail at chuck@koroberi.com for media interviews or comment on current news stories.

About Precise Biometrics
Precise Biometrics AB (publ.) is an innovative security company that supplies world-leading systems for fingerprint and smart card-based authentication. The company's solutions replace keys, PIN codes and passwords and enhance the integrity of ID cards and passports. With its proprietary Precise Match-on-Card(TM) technology, the company is a market leader within smart ID cards. The group headquarters are in Lund, Sweden. It also has subsidiaries in London and Washington, DC. Precise Biometrics is listed on the O-list of the Stockholm Stock Exchange (symbol: PREC A). For more information, please visit http://www.precisebiometrics.com/.

About WinMagic Inc.

WinMagic Inc., is a Canadian company based in Mississauga, Ontario. Its SecureDoc line of products ensures protection of sensitive information stored on desktops, laptops and PDA’s by employing authentication through passwords to hardware tokens, biometrics, and PKI commencing right at pre-boot time. WinMagic’s award winning products fulfill the requirements of even the most security conscious users by focusing on concrete security features, nevertheless still offering unparalleled flexibility. For more information concerning WinMagic’s products or services, please call 1-888-879-5879 (toll free in North America), +1 905 502-7000 (worldwide), or email info@winmagic.com.

Copyright © 2008. WinMagic Inc. All Rights Reserved.
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