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GLOBAL TOP 10 FINANCIAL INSTITUTION LICENSES UNIVERSAL SSH KEY MANAGER™

2012-09-14 16:45:00
Tectia Corporation
Company Announcement

GLOBAL TOP 10 FINANCIAL INSTITUTION LICENSES UNIVERSAL SSH KEY MANAGER™

Helsinki, Finland, 2012-09-14 16:45 CEST (GLOBE NEWSWIRE) -- TECTIA CORPORATION
COMPANY ANNOUNCEMENT SEPTEMBER 14, 2012 AT 17.45 P.M. 

GLOBAL TOP 10 FINANCIAL INSTITUTION LICENSES UNIVERSAL SSH KEY MANAGER™

Global Top 10 financial institution has selected SSH Communications Security to
deliver Secure Shell Key Management solution across their entire enterprise. 
The contract covers access control and centralized key management for thousands
of servers globally with a contract value of approximately EUR 2.0 million (USD
2.5M).  Once fully implemented, this will be the largest secure shell access
control and centralized key management deployment to date in the world.
Software li­censes, maintenance, and professional services sales revenues will
be recognized during fiscal years 2012-2014. The contract value includes the
reseller´s share. 

Universal SSH Key Manager™ helps organizations to manage their cryptographic
keys in large IT environ­ments.  The product is unique in being able to
simultaneously manage, deploy, and rotate user authentica­tion keys for large
scale SSH environments.  The SSH protocol is used for managing practically
every Linux and Unix server (including virtual machines), virtualization, cloud
infrastructures, routers, about half of world's web servers, and many other
devices, with probably hundreds of millions of devices around the world using
the protocol.  The protocol is also used inside many file transfer, privileged
access, and sys­tem management solutions. 

Many large organizations typically have up to hundreds of thousands of key
pairs authorizing automated access to production environments, with no
auditability of who can access what or proper termination of access when
authorized users leave the organization.  Auditors and security specialists are
waking up to the fact that authentication keys need the same kind of
protection, control and audit possibilities as passwords and encryption keys. 
Universal SSH Key Manager™ helps solve these problems while providing
opera­tional cost savings in automating key setups and management of keys
throughout their lifetime. 

Several other global financial institutions are currently testing the Universal
SSH Key Manager™ in their environments.  The product enables a level of
security, automation, and operational cost savings for SSH key management, far
beyond any competitor on the market.  Several patent applications have been
filed to protect the unique features and technology of the product. 

For more information about our unique Universal SSH Key Manager™ product,
please visit: 
http://www.ssh.com/index.php/products/universal-ssh-key-manager

Helsinki 14.9.2012

TECTIA CORPORATION operating as SSH COMMUNICATIONS SECURITY

Tatu Ylönen
CEO

Further info:
Tatu Ylönen, CEO. Tel. +358 20 500 7000
Jyrki Lalla, CFO. Tel. +358 45 340 4641

Distribution:
NASDAQ OMX Helsinki Oy
Major media
www.ssh.com

https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=521091&messageId=640567

GlobeNewswire

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