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ARX Partners with STMicroelectronics to Secure Personalization and Life-Cycle Management of EMV Chip

Petach Tikva, Israel, January 19, 2005

ARX, a leading provider of digital signatures and data security solutions, today announced a development agreement with STMicroelectronics, a global independent semiconductor company and a leader in developing and delivering semiconductor ICs and solutions. This agreement enables ST and ARX to provide secure personalization and management of EMV chip cards.

STMicroelectronics and ARX have integrated ‘PrivateServer’, ARX’s highly secure (FIPS Validated) Host Security Module (HSM) solution, with ‘Matrix’, ST’s new generation smart card management software. The Integration secures the entire life-cycle of Prisma-based payment & ID cards, including the card personalization process, card issuance, card maintenance and post-issuance of applications. 

Integrating 'PrivateServer' with ST’s ‘Matrix’ enables ARX to enhance its offerings by providing a total solution for EMV personalization and card life-cycle management. The ‘PrivateServer’ HSM also supports complimentary solutions such as EMV authorization; 3-D Secure VISA authenticated Payment Program and secure messaging and transactions.

ST customers and partners benefit from PrivateServer’s high-speed cryptographic services and easy to integrate HSM solution. With ‘PrivateServer’, ST customers can now enjoy Prisma’s reliable and secure credit and debit card processing and management system, that fully complies with the latest Visa and MasterCard security protocols for securing magnetic pass and EMV chip card transactions. The joint product proposition also supports multi-application solutions such as PKI cards, electronic wallets and cash cards.

 "After studying different HSM solutions, we were impressed with ‘Private Server’ as an HSM," said Yves Moulart, Manager of the Architecture, Mask Development and Certification Team at STMicroelectronics.  "As our first objective is to guarantee our customers in banking and government high-quality end-to-end solutions for their chip card infrastructure, we are happy to see the existing offers in HSM’s enhanced by ARX’s ‘PrivateServer’, that ultimately meets our stringent requirements in terms of security."

"ARX is glad to add ST to its family of dedicated partners.  Through this partnership ARX can provide its customers with turnkey and total solutions," said Ayelet Porat, Sales Director at ARX. "We are delighted that ‘PrivateServer’ meets the demanding requirements of ST and look forward to working closely with ST in order to expand our market share.  We hope this is the start of a long-lasting and successful collaboration."

About STMicroelectronics

STMicroelectronics is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company’s shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2003, the Company’s net revenues were $7.24 billion and net earnings were $253 million. More information about ST is available at www.st.com.

About PrivateServer

PrivateServer is ARX’s highly secure (FIPS 140-2 Level 3), network attached, Hardware Security Module (HSM) that provides a secure environment for data encryption. PrivateServer conducts sensitive cryptographic operations, secure key storage, and management of a large number of keys. For more information visit http://www.arx.com/products/hsm.php.


About ARX

Algorithmic Research (ARX) is a leading global provider of electronic-signature and data-security solutions. ARX engineers and scientists have more than 20 years of experience in security-related applications. ARX helps businesses secure, streamline, and scale their business processes and transactions with the proper controls required by legislation, regulation, and industry best practices. Visit us at http://www.arx.com.


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Press Contact:
Ashley Miller
ARX
(415) 839 8161
Ashley@arx.com


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