Palo Alto, Calif. – January 20, 2004 – In a recent study, Analysis of the Federal Government Homeland Security and Homeland Defense Markets, Frost & Sullivan recognized the outstanding technological capabilities of CoreStreet’s validation technology, Real Time Credential Validation Authority (RTC VA).

In its analysis, Frost & Sullivan studied CoreStreet’s RTC VA unique ability to eliminate much of the network infrastructure usually needed to verify authority for physical and logical access.

CoreStreet’s technology is based on the concept of a self-validating proof. These proofs are short messages that can be formulated in multiple ways and determine when and by whom a specific action may be performed.

Unlike other validation technologies, CoreStreet’s proofs are small, lend themselves to speedy computing, and are devoid of any secret or sensitive information. Highly sophisticated cryptographic techniques effectively prevent the messages from being forged or modified by any unauthorized party.

"Since these messages can be trusted even if distributed across unsecured networks or media, most of the traditional cost and complexity issues associated with Public Key Infrastructure (PKI) systems are completely eliminated," notes Winn Hardin, aerospace and defense analyst with Frost & Sullivan.

In fact, validating keys can be stored on virtually any device requiring secure access – such as smart cards, locks, and computers – without having to query a remote database for validation purposes. Authentication takes place at the time the key is set, which can vary depending on the needs of the application.

CoreStreet’s RTC VA, utilize techniques to implement well-established security standards such as Online Certificate Status Protocol (OCSP) and X.509.

The United States’ Department of Defense (DoD) is presently assessing CoreStreet’s technology for use with its Common Access Card, which it expects to issue to more than 20 million active duty personnel, military families, and civilian employees.

For its pioneering efforts in providing leading-edge validation solutions, CoreStreet has been named the recipient of the 2003 Frost & Sullivan Technology Innovation Award for the Homeland Security and Homeland Defense Markets. Frost & Sullivan presents this award every year to the company that has demonstrated technological excellence within its industry. The recipient company has greatly enriched the industry by making notable product performance contributions and providing a new vision of security.

Bridging the security gap between physical and information security, CoreStreet provides the only secure authorization and validation technology for connected and intermittently connected environments. Combining security, safety, and convenience, CoreStreet enables organizations to grant or revoke an individual’s access rights to buildings, computer networks, laptops, or wireless devices immediately in real time. The company, headquartered in Cambridge, Mass., holds 14 patents with more pending. For more information, visit www.corestreet.com.

Founded in 1961, Frost & Sullivan is recognized as a global leader in growth consulting. Frost & Sullivan Awards are presented to companies that demonstrate excellence in their industry, commending the diligence, commitment, and innovative business strategies required to advance in the global marketplace. Frost & Sullivan rigorously analyzes specific criteria to determine award recipients in a vast variety of market industries and landscapes. For further information, visit www.frost.com.

Contact:
Jamie Frizzell
210.247.2496
jfrizzell@frost.com