Tuesday, January 30, 2007

Finextra: Expedia to roll out Entrust's new one-time password token

Finextra: Expedia to roll out Entrust's new one-time password token: "Expedia to roll out Entrust's new one-time password token
Building on the wide range of options already available with Entrust IdentityGuard, Entrust, (Nasdaq: ENTU) is launching a five dollar one-time-password (OTP) hardware token.
With the introduction of this OTP token, Entrust will officially enter the $500 million security hardware token market. In addition, Expedia will become the first to deploy the new Entrust token.
'Last year, we entered into a strategic relationship with Entrust because they had the best customer value proposition and the full suite of solutions that we needed. We plan to further expand our brand globally this year and required a more flexible and extensible authentication solution. The Entrust IdentityGuard token solution fills that gap at a price that is best in class in the industry. This is another data point to reassure us that we picked the right company. We continue to view our 2006 investment with Entrust as a secure foundation from which to grow our business globally,' said Expedia Chief Information Officer Bill Holtz. 'From digital certificates to grid authentication to hardware tokens, in a single platform Entrust delivers the range of authentication choices we need to address our range of business needs.' "

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