Press Release
CoreStreet Opens Two New Offices To Meet Increased Customer Demand
Expansion Result of Growth In Government and International Markets
CAMBRIDGE, Massachusetts (November 6, 2003)
CoreStreet, a leading provider of authorization and validation technology, today announced the opening of two new offices, located in London, England and the Washington, D.C. area. CoreStreet opened these offices in response to steadily increasing demand from European-based corporations and government agencies for its highly scalable, cost-effective security solutions. The new London office is located at 14-18 Heddon Street in London. The new D.C. area office is located at 1600 Tysons Boulevard in McLean, Va. CoreStreet is headquartered in Cambridge.
“The overall success of CoreStreet and the growing demand for our validation software makes this the most opportune time for the company to expand into the growing European and government markets,” said Phil Libin, president of CoreStreet. “In North America, Europe and other regions of the globe, there is a recognized need for CoreStreet’s products because we offer the only validation product that cost-effectively brings together the physical and digital worlds.”
This announcement comes on the heels of several company milestones. CoreStreet recently moved its corporate headquarters to an expanded office in Cambridge and announced a partnership with the world’s largest lock manufacturer, ASSA ABLOY. CoreStreet has also taken an active role in the Open Security Exchange, a group dedicated to establishing vendor-neutral standards for bringing together physical and digital security.
CoreStreet brings security, safety and convenience to the security sector by bridging the gap between the physical and digital world. The heart of CoreStreet’s security technology is based on validating credentials and the privileges associated with credentials, either digital or physical. Customers in the government and private sectors are applying this technology to physical and digital access control environments, ranging from securing sensitive email and documents to securing controlled areas in buildings.
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 a building, computer network, laptop 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.
