Trusted Labs Creation

Press Release

Versailles, November 2, 2004

TRUSTED LOGIC ANNOUNCES THE CREATION OF TRUSTED LABS
Subsidiary to offer Security Evaluation and Consulting Services.

– Trusted Logic today announces the inception of Trusted Labs, an independent company dedicated to security consulting and the evaluation of solutions based on embedded systems. The creation of this subsidiary will enable Trusted Logic to enhance the quality of its relationships with customers, including technology and embedded solutions providers, while still offering them the highest level of expertise.

Trusted Labs offering will include customer support for security evaluations, and the development and expansion of evaluation policies within proprietary or standard schemes. The formation of Trusted Labs as an independent subsidiary will enable Trusted Logic to manage partner relationships more effectively.

Dominique Bolignano, Trusted Logic President and CEO, comments the launch of this new structure: « Over the past year, we have launched our first jTOP™ platforms for cards and terminals to the market. Today, we wish to develop our consulting activities within an independent company – Trusted Labs – with all guaranties of professional ethics that have always characterized Trusted Logic. »

With the increasing need for security in embedded systems, customer demand for security consulting and evaluation presents many challenges. Trusted Logic maintains a high level of integrity and objectivity in part due to its involvement in programs such as the MasterCard Compliance Assessment and Security Testing (CAST) program for Java Card™ platforms, the EAL7 Common Criteria references, and the design of the Java Card™ System Protection Profile for Sun Microsystems.

« Trusted Logic has been a key MasterCard partner in security testing for over three years », states Simon Pugh, Vice President, Infrastructure and Standards, MasterCard. « We welcome this structural change and look forward to working with Trusted Labs in the coming months. »

Nicolas Helle, Information Security Manager at SFR, adds: « Intelligent mobiles are coming to our GPRS and UMTS networks and mobile application security becomes the essential ingredient needed to make our clients, whether individual or company, feel confident about using our service. Trusted Labs is providing us its know-how in this area with respect to security and interoperability of embedded Java technologies. »

And Claire Loiseaux, Trusted Labs CEO, to conclude: « Our first mission is to strengthen our current offering, mainly focused on banking and mobile telephony markets, and extend it towards new segments, such as digital identity, car industry, home automation, e-procedures and contents broadcasting. Thanks to its unique expertise in mathematical and systematic methods, Trusted Labs aims at becoming the premier company in the analysis of security solutions.»

About Trusted Logic :

Since 1999, Trusted Logic has brought secure open technology based solutions to the embedded systems industry. Corner stone of its product offering, Trusted Logic provides Trusted Foundations™, complete solutions with first class security for smart cards, card-accepting devices and mobile phones including open technology platforms (jTOP™), accompanying tools and security services. Thanks to its innovation strategy, Trusted Logic has been providing several world “firsts” in the industry (first on-card verifier, first on-card debugger, etc.).

For more information about Trusted Logic,
visit http://www.trusted-logic.com.

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