GuardTime Awarded for New Product Innovation by Frost & Sullivan

GuardTime, today announced it has received the 2010 Asia Pacific Frost & Sulliva
n New Product Innovation Award for Data Integrity Solutions.
Singapore, February 17, 2011 -- GuardTime, creator of the patented Keyless Signa
ture™ technology used to validate the world’s data for applications such as secure c
loud storage, today announced it has received the 2010 Asia Pacific Frost & Sull
ivan New Product Innovation Award for Data Integrity Solutions.
"By eliminating the need to utilize secret keys or proprietary algorithms which
is widely practiced in competing solutions, GuardTime’s solution ensures data inte
grity persistently remains intact. Another noteworthy feature of the solution is
that it highly leverages of the prowess of Cloud Computing and thus is made ava
ilable on a global scale. With its strong emphasis on authenticity and availabil
ity, GuardTime’s solution could act as an impetus to further impel the steady grow
th of Cloud Computing in the Asia Pacific region," explains Ahmad Zeffirelli Ibr
ahim, Research Analyst with Frost & Sullivan’s Technical Insights Practice. "As we
approached the end of 2010, we witnessed the numbers of objects being stored in
the cloud double from 2009. It is going to be an exciting year to further witne
ss the healthy growth of Cloud Computing as we move through 2011," added Zeffire
lli.
"Cloud computing is a subject top-of-mind for most organizations and institution
s around the world," said Mike Gault, GuardTime CEO. "Our Keyless Signature tech
nology continues to garner quite a bit of attention from industry analysts, tech
nology and service providers, and security-minded businesses as we have been abl
e to answer the most critical question they have faced to date: how can an organ
ization prove that their data has not been compromised in the cloud."
GuardTime’s Keyless Signature ( http://www.guardtime.com ) technology provides pro
of of signing authority, time of the signature, and lifelong integrity for data
stored on disk, residing in the cloud, or in transit across networks. The signat
ure never expires and its verification is based solely on mathematics, eliminati
ng the need for secrets or keys and the unwieldy management associated with trad
itional PKI technologies.
The Frost & Sullivan Award for New Product Innovation of the Year is presented e
ach year to the company that has demonstrated measured excellence in new, innova
tive product or product line within its industry. The recipient company has show
n innovation by launching a broad line of emerging products. The recipient of th
is Award has excelled based on one or more of the following criteria:
* Innovative Element of the Product
* Leverage Leading Edge Technologies in Product
* Value Added Features/Benefits
* Increased Customer ROI
* Customer Acquisition/Penetration Potential
Just last month, GuardTime received the prestigious Red Herring Top 100 Global a
ward, being honored as one of the year’s most promising private technology venture
s from around the world.
About GuardTime:
A Red Herring Global 100 Winner, GuardTime was founded in 2006 by cryptography e
xperts Dr. Märt Saarepera and Dr. Ahto Buldas along with Internet visionary Joi It
o. GuardTime provides a completely-available service and infinitely-scalable Key
less Signatures™ engine designed to deliver authenticity and integrity for the dat
a that the world relies upon: as it sits on disk, moves across the network, and
is used in the cloud. Visit http://www.guardtime.com for more information about
using Keyless Signatures for cloud computing.
About Frost & Sullivan:
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate
growth and achieve best-in-class positions in growth, innovation and leadership.
The company s Growth Partnership Service provides the CEO and the CEO s Growth
Team with disciplined research and best-practice models to drive the generation,
evaluation, and implementation of powerful growth strategies. Frost & Sullivan
leverages 50 years of experience in partnering with Global 1000 companies, emerg
ing businesses and the investment community from more than 40 offices on six con
tinents. To join the Growth Partnership, please visit http://www.frost.com.
Press & Media Contact:
Victor Cruz
MediaPR.net Inc
Singapore
+1 401.349.3369
vcruz@mediapr.net
http://www.guardtime.com