Press Release

Ingrian and Paymetric Partner to Offer Comprehensive Encryption Solution for SAP Environments

SAP Encryption Solution Encrypts Credit Card Data with Robust and
Centralized Key Management

HOUSTON, Tex. and REDWOOD CITY, Calif. — September 12, 2007— Ingrian® Networks, Inc., the leading provider of data privacy solutions, and Paymetric, Inc., a leading provider of innovative payment card software for enterprise systems, today announced a joint partnership to provide a comprehensive encryption solution for securing and managing encrypted credit card data across enterprises with SAP environments.

This new partnership combines Ingrian’s high-performance DataSecure® Platform and Paymetric’s breakthrough XiSecureTM encryption management software. Through their shared technologies, the companies offer an integrated encryption solution with secure and centralized key management to protect sensitive data and meet data privacy mandates.

Organizations that store, process, or transmit credit card information are faced with greater challenges and mounting industry pressures to manage and protect data against fraud and theft. The Payment Card Industry Data Security Standard (PCI DSS)mandates that companies protect credit card data wherever it resides in their enterprise. But these organizations face rising costs and complexity when it comes to encrypting credit card numbers and managing encryption keys.

“This partnership with Ingrian is exciting, as it results in a powerful solution that enables our customers to more quickly and affordably meet PCI requirements,” said Ken Naumann, Senior Vice President for Sales and Marketing at Paymetric. “Ingrian’s encryption appliance and our XiSecure solution will provide real cost savings and introduce a new level of data protection.”

Paymetric’s XiSecure replaces credit card numbers from business applications such as SAP with randomly generated tokens. The credit card numbers are then stored in a centralized, highly secure system where they will be encrypted using Ingrian’s best-in-class encryption and key management solution – Ingrian DataSecure® Platforms. Ingrian DataSecure® Platforms are the only appliance-based encryption solutions available today that feature granular, field-level encryption capabilities and that can be integrated at the Web server, application server, or database layer.

This joint partnership provides organizations with significant benefits, including:

• Accelerated PCI compliance – by removing credit card data from enterprise applications, complex encryption environments are simplified and streamlined
• Eliminated enterprise application downtime – key rotation is handled outside enterprise applications, so no downtime will occur
• Enhanced data protection – tokenization removes sensitive data from applications more likely to be targeted in an attack; managing encryption keys in Ingrian’s appliance reduces the risk of compromise

“We’re very pleased to be partnering with Paymetric as our combined offerings will offer tremendous value to our joint customers,” said Michael Howard, CEO of Ingrian Networks.  “Toward that end, we’ve created both a product architecture and ISV program that make it efficient for partners to leverage our technology. Our partnership with Paymetric provides a great example of how this approach benefits customers: together we can deliver unprecedented value and security to customers running their businesses on SAP.”

This partnership is enabled through Ingrian’s CHOICE architecture, which represents the technology and core values that Ingrian offers to its customers. CHOICE is a flexible, integrated approach that allows customers to not only implement the solution they need today, but to leverage their investment to address future security and technological challenges—whether by adding new capabilities offered by Ingrian or its partners. The hallmark of CHOICE is the Ingrian ISV Partner Program, which outlines the framework for third-party product integration, providing developers with an open, extensible, and flexible environment for enhancing security and ease of use.

About Paymetric, Inc.

Paymetric, Inc. provides innovative software for managing, protecting and integrating payment card transactions in enterprise systems, enabling companies to improve return on card acceptance, optimize purchasing card programs and reduce barriers to data security compliance.  Paymetric is an Austin Ventures portfolio company and an award-winning SAP Software Partner.  Visit www.paymetric.com for additional information.

About the Ingrian ISV Partner Program

The Ingrian ISV Partner Program is based on the Ingrian CHOICE™ architecture. Ingrian CHOICE is a flexible, integrated approach allowing end-users to choose the solution they need today and then leverage their investment by adding solutions from ISV partners to further expand their security infrastructure. Ingrian CHOICE allows enterprises to address many of their data privacy related concerns through a combination of technology solutions and best practices. It is an architecture that enables compliance, encrypts data in business processes, and can adapt to the evolving nature of the threats that enterprises must combat on a daily basis. The partner program offers several benefits to ISVs including joint marketing, lead referral support, training and customer support.

About Ingrian Networks

Ingrian Networks brings complete data privacy to the enterprise. With Ingrian DataSecure platforms, organizations can protect critical data from both internal and external threats, and ensure compliance with legislative and policy mandates for security. DataSecure features a dedicated security appliance and specialized software that enables organizations to encrypt critical data in applications and databases. With its capabilities for granular encryption, seamless integration, and centralized key management, DataSecure enables organizations to guard against a range of security threats, with unparalleled ease and cost effectiveness. Ingrian is a privately held company backed by such investors as Globespan Capital Partners, HighBAR Ventures, Menlo Ventures, Partech International, and Prism VentureWorks. For more information, visit http://www.ingrian.com.

 

Paymetric Media Contact

Tim Girgenti
Paymetric, Inc.
713.895.2102

tgirgenti@paymetric.com

Ingrian Networks

Betty Liang

650.261.2488

bliang@ingrian.com

Mindshare PR for Ingrian Networks

Heather Fitzsimmons

650-947-7400

heather@mindsharepr.com