Tumbleweed Delivers Next Generation Managed File Transfer Solution to Protect Data Privacy and Guarantee the Delivery of Informa
June 15 2005 - 11:04AM
Business Wire
New Version of SecureTransport Offers Secure and Reliable
Alternative to File Transfers Via Physical Media or Unsecured FTP
Tumbleweed(R) Communications Corp. (NASDAQ:TMWD), a leading
provider of file transfer and email security solutions, today
announced the latest update to Tumbleweed SecureTransport(TM), the
company's award-winning Managed File Transfer solution. This
release of SecureTransport extends the security, authentication,
and reliable delivery capabilities enterprises need to protect the
privacy of sensitive data exchanged with trading partners and
customers: -- Security -- SSH (Secure Shell) has been added as an
additional secure file transfer protocol. SecureTransport now
supports secure file transfer using HTTPS, FTPS (FTP over SSL),
SFTP (FTP over SSH), PGP, and AS2. -- Authentication -- Turnkey
integration with eTrust Siteminder single sign-on (SSO) from
Computer Associates enables organizations to leverage existing
authentication infrastructure to manage data access and security
policies for customers, partners, and internal users, protecting
data from unauthorized access. SecureTransport now provides both a
robust internal trading partner management and authentication
infrastructure, as well as the ability to integrate with and
leverage external trading partner management systems. -- Reliable
Delivery -- An updated AS2 engine, certified by the Drummond Group
for interoperability, now supports large multi-GB file transfers.
SecureTransport provides reliable data transfer, guaranteed
delivery, strong file integrity checking, and checkpoint/restart,
even over unstable network connections or dial-up lines. According
to an ongoing report by the Privacy Rights Clearinghouse, over 10
million people have been notified that their personal information
has been compromised in the last three and a half months alone.
While these losses have resulted from a combination of hacks,
insider breaches, and lost laptops, over half have been the direct
result of computer tapes being lost or stolen in transit. When
losses occur, the brand and customers of the originator of the
data, trusted with their protection, are placed at risk. "With the
increase of public awareness of data privacy breaches by large well
recognized Fortune 500 corporations, every organization that
collects, manages, or exchanges sensitive customer data needs to
consider how they are securing and managing their file transfers,"
said Frank Kenney, Principal Analyst, Gartner. "File transfer
solutions such as courier services for physical media and homegrown
file transfer solutions solely using unsecured FTP can be
vulnerable to data privacy breaches, through accidental disclosure,
hackers, and fraud. Managed File Transfer suites should be heavily
considered when dealing with the movement of large amounts of
sensitive data to help protect from these types of data privacy
breaches." Based on open standards, Tumbleweed SecureTransport is
an enterprise-class managed file transfer solution for moving
financial transactions, critical business files, large documents,
XML, and EDI transactions over the Internet and private IP
networks. Winner of the 2004 "Best Communications Security" award
from the prestigious Secure Computing (SC) Magazine,
SecureTransport moves billions of dollars in financial transactions
daily, and has been deployed at over 20,000 sites around the world,
including 8 of the top 10 U.S. banks, top credit reporting
agencies, the Federal Reserve, the US Treasury, and major payment
networks. SecureTransport provides a secure, integrated Internet
alternative to legacy file transfer methods like physical media
exchanges or standard FTP, allowing organizations to retain full
control with authenticated access, integrated security policies,
audit trails, strong encryption, and guaranteed delivery with
non-repudiation. "Ironically, recent events are demonstrating that
the Internet can be more secure than the physical world when it
comes to moving around personal information," said Jeffrey Smith,
President and CEO of Tumbleweed. "Companies are being held
accountable for what happens to the information they're entrusted
with. Our SecureTransport solution gives our customers the control
and management they need to ensure that they're living up to that
trust." About Tumbleweed Communications Corp. Tumbleweed provides
security solutions for email protection, file transfers, and
identity validation that allow organizations to safely conduct
business over the Internet. Tumbleweed offers these solutions in
three comprehensive product suites: MailGate, SecureTransport, and
Validation Authority. MailGate provides protection against spam,
viruses, and attacks, and enables policy-based message filtering,
encryption, and routing. SecureTransport enables business to safely
exchange large files and transactions without proprietary software.
The Validation Authority is the world-leading solution for
determining the validity of digital certificates. Tumbleweed's
enterprise and government customers include ABN Amro, Bank of
America Securities, Catholic Healthcare West, JP Morgan Chase &
Co., The Regence Group (Blue Cross/Blue Shield), St. Luke's
Episcopal Healthcare System, the US Food and Drug Administration,
the US Department of Defense, and all four branches of the US Armed
Forces. Tumbleweed was founded in 1993 and is headquartered in
Redwood City, Calif. For additional information about Tumbleweed go
to www.tumbleweed.com or call 650-216-2000. SAFE HARBOR STATEMENT
Tumbleweed cautions that forward-looking statements contained in
this press release are based on plans and expectations as of the
date of the press release, and that a number of factors could cause
the actual results to differ materially from the guidance given at
this time. These factors are described in the Safe Harbor statement
below. Except for the historical information contained herein, the
matters discussed in this press release may constitute
forward-looking statements that involve risks and uncertainties
that could cause actual results to differ materially from those
projected, particularly with respect to Tumbleweed's file transfer
products. In some cases, forward-looking statements can be
identified by terminology such as "may," "will," "should,"
"potential," "continue," "expects," "anticipates," "intends,"
"plans," "believes," "estimates," and similar expressions. For
further cautions about the risks of investing in Tumbleweed, we
refer you to the documents Tumbleweed files from time to time with
the Securities and Exchange Commission, particularly Tumbleweed's
Form 10-K filed March 16, 2005 and Form 10-Q filed May 10, 2005.
Tumbleweed assumes no obligation to update information contained in
this press release, which represents the Company's expectations
only as of the date of this release and should not be viewed as a
statement about the Company's expectations after such date.
Although this release may remain available on the Company's website
or elsewhere, its continued availability does not indicate that the
Company is reaffirming or confirming any of the information
contained herein.
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