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Press Release

Bringing Security to the Edge: CoreStreet and Akamai Highlight New Technology for Cheaper, More Cost-Effective Security

Free Webcast to Demonstrate how Separating Identity from Authorization makes Business Transactions Cheaper, Safer and Faster

CAMBRIDGE, Massachusetts (November 24, 2003)

Phil Libin, President of CoreStreet, Ltd., a leading provider of validation and authorization technology, is hosting a free webcast entitled "Improving Security and Performance with Distributed Validation" on Tuesday, December 2 at 11:00 a.m. EST. This webcast, co-sponsored by Akamai, will explain how companies can make transactions faster, cheaper and more secure by using distributed validation to verify digital identities.

Who: Phil Libin, President of CoreStreet, Ltd. and Andy Ellis, CISSP Director of Information Security and Chief Security Architect of Akamai Technologies

What: CoreStreet and Akamai webcast: “Improving Security and Performance with Distributed Validation”

When: Tuesday, December 2, 2003, 11:00 AM EST
How: Register now at www.corestreet.com

Digital certificates have long had the reputation as being the best method for securing electronic identities and the most cumbersome. While they’re often used by companies and government agencies for such transactions as secure email, report signing, vehicle registration or tax payments, they can be revoked or stolen, rendering them ineffective. What’s more, since the certificates often include permissions as part of their DNA, each change in access requires a new certificate, which drives up administrative costs.

Distributed validation changes this by separating authorization from identity, then moving that information to the edge of the network. Because the validation information exists only to authorize a transaction, it is safe to transmit and enables permission changes to happen in real time. Putting this information at the edge keeps costs low by reducing the infrastructure investment and increasing scalability.

The one-hour webcast is open to 50 people and will discuss how distributed validation can:

  • Enable a large PKI deployment without compromising performance;
  • Establish a common architecture across logical and physical security;
  • Improve productivity from minutes to milliseconds;
  • Reduce infrastructure costs without compromising performance.

To join the webcast visit www.CoreStreet.com. To speak one-on-one with Phil Libin about this topic, please contact Chuck Tanowitz or Lisa Astor at (781) 684-0770.

Phil Libin, President of CoreStreet Ltd.
As President of CoreStreet, Phil is responsible for leading its engineering efforts and product design strategy. Phil is a skilled technologist with both hands-on development and managerial experience. He previously founded Engine 5, a leading Boston-based software development company acquired by Vignette Corporation.

Andy Ellis, Director of Information Security and Chief Security Architect or Akamai Technologies
As Akamai's Director of Information Security and Chief Security Architect Ellis is responsible for maintaining the security architecture of the company's massive, globally distributed network as well as setting the strategic direction of its security offerings and managing the Information Security program at Akamai.

Previously in his capacity as a U.S. Air Force officer, Mr. Ellis was an Information Warfare Engineer, serving as the technical lead in performing network engineering, communication, and security duties to defend the mission-critical aspects of U.S. Central Command in Southwest Asia from network-based attacks.

He received a bachelor's degree in Computer Science from the Massachusetts Institute of Technology, where he teaches seminars on Information Warfare and Computer Security.

About CoreStreet

Bridging the security gap between physical and information security, CoreStreet provides the only secure authorization and validation technology for connected and intermittently connected environments. Combining security, safety and convenience, CoreStreet enables organizations to grant or revoke an individual’s access rights to buildings, computer networks, laptops or wireless devices immediately in real time. The company, headquartered in Cambridge, Mass., holds 14 patents with more pending. For more information, visit www.corestreet.com.

CoreStreet and Real Time Credentials are trademarks of CoreStreet Ltd.