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Validus and HierStar Form Strategic Alliance to Offer the First Complete Range of Authentication Products
Date:5/26/2009

SAN FRANCISCO and BEIJING, May 20 /PRNewswire/ -- Validus Technologies Corporation and HierStar Limited are pleased to announce that they have formed a strategic manufacturing, marketing and distribution alliance to offer the first complete range of One Time Password (OTP) authentication products to combat cybercrime in its various forms.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081104/AQTU067LOGO)

With increasing data breaches, which have created a global market for stolen static data, Validus and HierStar recognized the need to offer a complete and unique range of OTP authentication products to assist companies, governments and individuals in protection from identity theft.

The first complete and unique range of OTP authentication products are:

  • VALIDcard(TM) Biometric: The world's first biometric powered display card that generates an OTP when the registered user swipes her finger over the embedded fingerprint sensor.
  • VALIDotp(TM) Card: Non-biometric powered card that generates an OTP at the push of a button. This card is ISO 7810 compliant to support payment cards and many other market applications.
  • VALIDsms(TM): Mobile phone authentication, where any existing mobile phone worldwide can be used to receive an SMS message containing an OTP. No additional hardware is needed by the end-user.

HierStar, headquartered in Beijing, China, manufactures both OTP powered card products in its Dongguan, China manufacturing facilities. HierStar provides turnkey manufacturing from electronic assembly, card molding, printing personalization and fulfillment. In addition to HierStar's turnkey manufacturing capabilities, it owns significant intellectual property in the areas of low-cost thin flexible LC
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SOURCE Validus Technologies Corporation
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