posted
A little pricey for this forum (.30), but i think this news is HUGE!
NEW YORK, NY -- (MARKET WIRE) -- 11/03/05 -- Secured Services Inc. (OTC BB: SSVC), a leader in identity management and secure network access software and services, today announced a contract with International Bancshares Corporation (IBC) (NASDAQ: IBOC) to deploy IdentipriseTM digital identity management across its entire operation.
IBC is recognized as one of the country's best performing banks, having achieved sustained growth every year since its establishment in 1966. Supporting this growth is an ever-expanding array of best-of-breed information technologies and systems. While strategically necessary and important, such diversity of platforms makes it challenging to manage and audit user access privileges and security, without hindering user convenience and administrator efficiency. To address this, IBC will deploy Identiprise SecuredUserTM, a complete digital identity and access management solution that will simplify user access to all systems, including the use of biometric fingerprint technology to eliminate user passwords, and enhance the security controls of existing applications.
"Maintaining the highest levels of customer service and privacy is of paramount importance to our organization," commented Chris Loehr, senior vice president and network manager at IBC. "To ensure we achieve this standard, we must address the issue of identity management comprehensively and rapidly. After researching the options, we determined Identiprise to be the best solution to meet our needs for identity provisioning, access control and auditing. Furthermore, Identiprise's design will enable us to roll out the solution quickly, cost-effectively, and without disruption to our existing infrastructure. This is critical, since time is of the essence when addressing customers' and employees' concerns about privacy and security."
Identiprise is already in production for an initial employee group, providing single sign-on and biometric authentication. The roll out to the rest of the company will continue throughout the rest of the year.
"We are excited to bring Identiprise's truly unique value to IBC," said Robert Skinner, president and CEO of Secured Services. "To their credit, IBC recognized that a piecemeal approach to the complex issues surrounding identity management is not appropriate. This underscores Identiprise's value in delivering identity provisioning, access management, and audit functionality on a single, integrated platform, deployed rapidly and without disruption to existing infrastructure and applications."
About International Bancshares Corporation:
International Bancshares Corporation (NASDAQ: IBOC) is a $10.3 billion multi-bank financial holding company headquartered in Laredo, Texas, with more than 180 facilities and more than 290 ATMs serving more than 75 communities in Texas and Oklahoma.
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