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CHARLOTTE,
N.C. -- September 29th, 2005 - Trusted
Security Solutions, Inc. (TSS), developers of the A98 ATM Key
Establishment System, and leading global provider of Cryptographic Key
Generation & Distribution Systems announced that it has signed a comprehensive reseller agreement
with CubeIQ, a leading business-to-business information technology solutions
provider to the Banking and Electronic Transaction Processing Markets in
Greece, Cyprus, and Eastern Europe. Under this agreement, CubeIQ will
provide distribution and technical support services for TSS' products in Greece, and in
neighbourhood countries including
Cyprus, Albania, FYROM, Bulgaria, Romania and Serbia.
Combining a history of success in the Greek banking and financial market with strong technical support, CubeIQ has established themselves as a leading provider of business-to-business information technology solutions. Dedicated to providing their customers with best-of-breed solutions, CubeIQ chose to distribute TSS products based on the depth and breadth of the TSS' tools and leadership in the financial transaction security field.
"This region offers exciting opportunities for the A98, and I am delighted that CubeIQ will be reselling the A98 to financial institutions, processors and networks throughout Greece and and Eastern Europe", said Trusted Security president Dennis "Abe" Abraham."
"Banks
always have security on top of their priorities. Also VISA and MasterCard
guidelines regarding the time interval between consecutive ATM master key
updates have lead them to look for automated solutions to update their ATMs
with new keys promptly. A98 the leading automated key update solution from
Trusted Security Systems will provide to banks and financial institution in
our region a comprehensive tool for the battle against electronic fraud",
says Dimitris Garbis, CubeIQ’s Director of Business Development.
About
Trusted Security Solutions Trusted Security Solutions, Inc. (TSS) was formed in 1998 by Abraham & Associates, Inc. and J.S. Walker & Company, Inc. for the purpose of bringing unique security solutions to the transaction processing industry. TSS is offering a simple, affordable, and long term solution to the requirement for a unique key per ATM and for Triple-DES. The "A98 Initial ATM Key Establishment System" implements a total solution to this problem. Designed for institutions that manage the cryptographic keys for ATMs, the A98™ system incorporates patented technology for establishing initial ATM keys in a manner that is compliant with all applicable industry standards and network operating rules, including the new Triple-DES requirements. Trusted Security Solutions continues to lead the industry with innovative solutions. In the first quarter of 2004, TSS both received patent approval on a process called Persistent Key Component (PKC) and released a software module for A98 for Remote Key loading. For public key enabled ATMs, A98-R fully automates key generation and distribution, eliminating the need for manual key loading. With remote re-key, A98 will provide a comprehensive solution on a single platform for both legacy ATMs and for those enabled with the newest technology. Visit Trusted Security Solutions at www.trustedsecurity.com About CubeIQ CubeIQ Ltd. - www.cubeiq.gr - is a leading provider of software solutions, systems, business process re-engineering solutions and professional services to banks, financial institutions and corporations in South and East Europe. CubeIQ's portfolio of solutions and systems include: Item & Document - Cheque Processing Systems, Cheque Book Issuance Systems, Fraud Detection & Prevention Systems, Anti Money Laundry Systems, Electronic Transaction Processing & Card Management Systems, SWIFT Reconciliation and Messaging Applications, Document Management & Electronic Workflow Systems, Prepaid Services Electronic Distribution Systems, SMS Messaging Systems, Electronic Loyalty Systems and a number of specialized equipment such as Cheque Scanners, Encoders, Sorters, Cheque Book Issuance Machines, Single & Dual Terminal Cash Dispensing - TCDs and Cash Recycling Machines - TCRDs, Cheque Book Dispensing - Cheque Deposit, Bill Payment and Multifunctional Terminals, specialized Automatic Teller Machines - ATMs, Cash Deposit, Cash Recycling and Multifunctional ATMs. CubeIQ was established in 2003 by a group of professionals with long and successful presence in the Greek banking market. The company is specialized in Business Process Re-engineering focused in the Banking and Electronic Transaction Processing Market. Our leading-edge software solutions can transform business processes in a more efficient, more productive and cost saving way. ###
Media Contacts: CubeIQ Media Center CubeIQ Ltd. ciq@cubeiq.gr |
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