First Tech Credit Union Chooses Tumbleweed to Safeguard Email Traffic; MailGate Email Firewall to Protect Users from Email-Borne
September 07 2005 - 9:00AM
Business Wire
Tumbleweed(R) Communications Corp. (NASDAQ:TMWD), a leading
provider of email security, file transfer security, and identity
validation software and appliances, announced today that First Tech
Credit Union, a financial institution serving over 130,000 members
in the Pacific Northwest, has rolled out the Tumbleweed MailGate
Email Firewall(TM) with Secure Messenger(TM) to protect against
inbound email borne threats and to secure outgoing messages. For
credit unions, banks, and other financial institutions,
safeguarding the personal information of their customers is a
primary concern, and presents unique technological challenges.
Additionally, meeting regulatory compliance requirements such as
the Sarbanes-Oxley Act (SOX), make doing business online even more
complex. First Tech Credit Union was one of the first financial
institutions in the world to develop an online banking platform,
and First Tech currently has more than 130,000 credit union members
in the Pacific Northwest. As with many of today's financial
institutions, First Tech Credit Union manages sizeable volumes of
sensitive emails for its customers and partners on a daily basis.
Because email is a strategic aspect of First Tech's customer
communications, addressing the concerns regarding transmitting
sensitive customer information via email is a top priority. First
Tech Credit Union has always proactively addressed email security
issues by controlling their incoming email to protect against
possible threats and potential liability from email-based attacks.
To meet the rapidly increasing volume of email threats, First Tech
Credit Union implemented the Tumbleweed MailGate Email Firewall
with Secure Messenger to protect against inbound email borne
threats, secure outbound email messages and to meet regulatory
compliance requirements. MailGate Email Firewall processes more
than 240,000 emails per month for First Tech Credit Union email
users, quarantining up to 140,000 messages as threatening, as it
protects against inbound malicious traffic. The MailGate Secure
Messenger module provides secure outbound email transmission of
more than 4,300 emails per month, encrypting and routing sensitive
customer information and ensuring regulatory compliance. "I
provided several MailGate product suggestions that I shared at a
Tumbleweed user group. Most of them were implemented into future
releases of the product, and it just keeps getting better and
better," said Brad Beals, Information Security Engineer of First
Tech Credit Union. "MailGate Email Firewall with Secure Messenger
provides us with a highly scalable system that protects, filters,
and secures our email traffic, ensuring our customers a safe and
highly efficient method of communication. "With the recent breaches
in data privacy, hacking and data loss, protecting and securing
online customer data has become a critical requirement for
financial institutions," said Joe Fisher, VP of Marketing at
Tumbleweed. "Like Tumbleweed, First Tech Credit Union has been an
industry innovator and we're very pleased that our technology helps
them create a secure, reliable network for communicating over the
Internet." About First Tech Credit Union Founded in 1952 by seven
Tektronix employees, First Tech has grown with the innovative
industry it serves. One of the first financial institutions in the
world to develop an online banking platform, First Tech has always
worked hard to stay ahead of the innovative curve. Today, First
Tech serves over 130,000 members including professionals in the
high tech and telecom industries, state of Oregon employees and
those living or working in Lane County, Oregon. About Tumbleweed
Tumbleweed provides security software and appliances for email
protection, file transfers, and identity validation that allow
organizations to safely conduct business over the Internet.
Tumbleweed offers these products in three comprehensive 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 businesses to safely exchange large files
and transactions without proprietary software. 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 the functionality and performance of
Tumbleweed's email 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 August 9, 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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