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.


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