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SPYRUS Announces Manufacturing Agreement With PNY Technologies for High Volume US-Based Production of USB 3.0 SSD Secure Live Drives and Storage Drives

MSFT

FIPS 140-2 Level 3 Embedded SPYRUS Smartcard Supports Two-Factor Authentication to Cloud-Based Applications and Safeguards Users Against Identity Theft

SAN JOSE, CA--(Marketwired - Feb 18, 2014) - SPYRUS, Inc. and PNY Technologies, Inc. announced today a partnership to manufacture Windows To Go USB 3.0 SSD live drives certified by Microsoft (NASDAQ: MSFT). This partnership positions SPYRUS to meet anticipated global demands for tens of millions of identity-based USB drives in the next several years.

"PNY is proud to partner with SPYRUS, the leader in designing secure Windows To Go live drives for Enterprise customers," said Bob Stone, SVP of Operations for PNY. "Our extensive manufacturing and support facilities for flash based products in Parsippany, New Jersey can meet the global demand forecasted for bootable live drives and SSDs. We have years of experience of shipping millions of reliable devices to enterprises and consumers that SPYRUS customers can depend on."

Secured by SPYRUS™ technology means you can trust the integrity of your supply chain. A unique feature of the SPYRUS USB 3.0 product lines is a hardware chain-of-trust anchored by the SPYRUS Rosetta Micro FIPS 140-2 Level 3 hardware security module. With the Rosetta Micro PKI feature, enterprises can leverage their investment in public key and smart card infrastructures, extending their trusted foundation for two-factor authentication, smart card login, VPN access, secure email, and authenticated online collaboration. This hardware chain of trust protects user and enterprise data, networks, and VPNs against hacking and counterfeiting attacks which can compromise private and public key usage when PKI operations are performed solely in software.

"SPYRUS selected PNY as a US manufacturing partner to meet our commitment to deliver the most trustworthy security products to our customers," said Tom Dickens, Chief Operating Officer, SPYRUS, Inc. "Their reputation for customer service, commitment to quality, and ability to scale manufacturing volumes to millions of units per month, made PNY the logical choice for SPYRUS."

SPYRUS is extending the USB 3.0 platform by introducing the PocketVault and PocketVault P-3X hardware-encrypted SSD storage drives enabled with the same embedded Rosetta smartcard security for strong two-factor authentication applications. No other SSD storage product offers smartcard authentication security that enterprises can leverage with existing PKI or smartcard infrastructures.

SPYRUS live drives booting either Windows and Linux and PocketVault storage drives boast super-fast random access read and write speeds, the critical performance metric for optimizing operating system performance. Fully compatible with USB 2.0 ports, SPYRUS drives are ready to plug and play with your existing PC and most Macs (Mac support provided by SPYRUS).

SPYRUS smartcard-enabled live drives are ideal for securely accessing cloud-based services with two-factor authentication. Organizations can now economically upgrade to Windows 8.1 while meeting mandates for FIPS 140-2 validated two-factor authentication.

The optional SEMS device management system allows enterprise administrators to register, block/unblock, revoke, set policies, audit, and "kill" the SPYRUS products from a central location.

SPYRUS WorkSafe live drives and other Secured by SPYRUS™ USB encryption drives can be ordered immediately from SPYRUS and its resellers. Email sales@spyrus.com for more information.

About SPYRUS, Inc.

SPYRUS delivers innovative encryption solutions that offer the strongest protection for data in motion, data at rest and data at work. For over 20 years, SPYRUS has delivered leading hardware-based encryption, authentication, and digital content security products to government, financial, and health care enterprises. To prevent the insertion of untrusted components, patented Secured by SPYRUS™ security technology is proudly designed, engineered, and manufactured in the USA to meet FIPS 140-2 Level 3 standards. SPYRUS has collaborated closely with Microsoft to deliver the first certified hardware encrypted portable platform for Windows 7, Windows 8 and Window 8.1. SPYRUS is headquartered in San Jose, California. See www.spyruswtg.com for more information.

SPYRUS and the SPYRUS logo are either registered trademarks or trademarks of SPYRUS, Inc., in the U.S. and/or other jurisdictions. All other company, organization, and product names are trademarks of their respective organizations.

NOTE TO EDITORS: Review units of SPYRUS WorkSafe and WorkSafe Pro portable SSD live drives for Windows To Go are available by emailing Dan Chmielewski at dchm@madisonalexanderpr.com.

About PNY Technologies, Inc.

Established in 1985, PNY Technologies®, Inc. celebrates almost 30 years of business excellence as a leading manufacturer and supplier of Flash Memory Cards, USB Flash Drives, Mobile Accessories, Solid State Drives, Memory Upgrades, NVIDIA® Graphics Cards, and HP Accessories. The company's Mobility, Digital Imaging, Computing, and Gaming solutions are widely available from major retail, e-tail and authorized distribution partners internationally. Headquartered in Parsippany, NJ, PNY maintains facilities in North America, Europe, Asia and Latin America.

http://www.PNY.com www.facebook.com/PNY

The PNY logo is a registered trademark of PNY Technologies, Inc. All other trademarks are the property of their respective owners.

Copyright © 2014 PNY Technologies, Inc. All rights reserved