Lexar Media to Develop Secure USB Storage-Based Technologies to Take Advantage of Windows Vista BitLocker; A Lockable USB-Based
May 23 2006 - 3:42PM
Business Wire
At WinHEC 2006, Lexar Media, Inc. (NASDAQ:LEXR), a world leader in
advanced digital media technologies, announced the development of
advanced, secure USB storage-based technologies. Lexar plans to
work together with Phoenix Technologies, Ltd. to develop support
for locking USB personal storage devices (PSDs) that can be used
with the BitLocker Drive Encryption feature to be included in the
upcoming release of Microsoft's upcoming Windows Vista. The
technology developed by Lexar for BitLocker, will coordinate the
PSD-Lock technology protection of Lexar's new enterprise-class SAFE
PSD products with the pre-boot authentication capability of Phoenix
Technologies' TrustedCore. This technology will provide protection
against unauthorized use of the USB Flash Drive (UFD) that enables
the boot of a BitLocker-protected computer and also protect the
BitLocker Drive Encryption keys held in the UFD when the UFD is not
connected to the protected computer. Additionally, it will increase
the functionality and value of products featuring Lexar's PSD-Lock
technology, an embedded device access control technology that
enables USB device locking. Noted Farshid Tabrizi, Lexar General
Manager, Enterprise and OEM Products: "At Lexar we're excited that
Microsoft's BitLocker feature enables the optional use of a UFD to
store the BitLocker encryption keys. Enterprise customers will
benefit from the embedded device access control technologies in our
secure enterprise class USB personal storage devices and secure
pre-boot authentication functionality that allows an authentication
process to be completed before the stored BitLocker Drive
Encryption keys can be accessed from the UFD to boot Vista." "We
are pleased to be working with Lexar in the development of enhanced
security for USB devices," said Robert Wise, vice president,
product marketing. "The combination of Lexar's unique USB storage
capabilities with Phoenix competencies in endpoint security and
pre-boot authentication will bring best-of-breed solutions to our
mutual enterprise customers." Lexar's First Enterprise-Class USB
Personal Storage Device Shown At WinHEC 2006 Also at WinHEC 2006,
Lexar is demonstrating its recently introduced SAFE PSD S1100, the
company's first enterprise-class USB Personal Storage Device,
featuring a multi-layered security architecture. Two major
components of the S1100's security architecture are Lexar's
PSD-Lock technology, an embedded device access control technology
that enables USB device locking, and onboard 256-bit "on-the-fly"
AES hardware encryption. The S1100 Personal Storage Device (PSD) is
developed for enterprises and government agencies that want their
employees to be able to store and access data on PSDs, but also
want to make sure that data is kept secure and private in case of
device loss or theft. About Lexar Media, Inc. Lexar is a leading
marketer and manufacturer of NAND flash memory products including
memory cards, USB flash drives, card readers and ATA controller
technology for the digital photography, consumer electronics,
industrial and communications markets. The company holds over 98
issued or allowed controller and system patents, and licenses its
technology to companies including Olympus Corporation, Samsung
Electronics Co., Ltd., SanDisk Corporation and Sony Corporation.
Lexar sells its memory cards worldwide and through an exclusive
agreement, also sells memory cards under the Kodak brand.
Headquartered in Fremont, California, Lexar has operations in
countries around the world. Cautionary Note Regarding
Forward-Looking Statements This release contains forward-looking
statements, which are subject to the safe harbor provisions of the
Private Litigation Reform Act of 1995. These statements include
statements related to the USB flash drive market, the benefits and
availability of, and consumer demand for, Lexar's products,
including the SAFE PSD S1100, and the growth opportunities
available to Lexar. These forward-looking statements involve risks
and uncertainties that could cause Lexar's actual results to differ
materially from those anticipated by these forward-looking
statements. These risks include the possibility that the market for
the SAFE PSD S1100 may not develop as expected or that development
of this product may not proceed as planned; that the growth and
success of Lexar's business depends on its ability to achieve and
maintain technology leadership, and develop, sell and market
products that are commercially accepted; and that security
technology by its nature is capable of circumvention such that
Lexar cannot guarantee data will be 100% secure from unauthorized
access, alteration or destruction. Readers should also refer to the
risk factors described in Lexar's filings with the SEC, including
its most recently filed Form 10-K and Form 10-Q. Lexar assumes no
obligation to update the information in this release. Lexar and the
Lexar logo are trademarks of Lexar Media, Inc. All other brand or
product names are trademarks or registered trademarks of their
respective holders.
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