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Deepnet Security Announces an upgraded version of its Mobile 2x2 and MobilePass v2.0 authentication tokens for mobile phones.

London, October 9, 2006 – Deepnet Security Ltd, a leading provider of strong, two-factor and two-way authentication solutions, today announced general availability of it’s flagship product, Mobile 2x2 and MobilePass v2.0 authentication token, for mobile phones and PDA’s.

Mobile 2x2 and MobilePass v2.0 offer software-based two-factor and two-way authentication tokens that reside on mobile phones or PDAs. The new release provides an extremely cost-effective, two-factor and two-way authentication token that IT managers will find easy to implement and manage. Mobile 2x2 offers a Java token downloaded to the mobile device and MobilePass offers a ‘one time password’ token sent via sms for mobile devices that do not support Java.

Commenting on this latest release Yurong Lin CEO of Deepnet Security said “New technology for authenticating users and devices such as PDAs, laptop’s and desktop computers within the enterprise and consumer markets is growing every month. Dedicated hardware tokens do not offer the same flexibility as a token loaded on to a business or consumer device that a user already has, such as a mobile phone or PDA”. Specific industry sectors that are interested in adopting new authentication methods are consumer banking and the healthcare sector, where cost is an important factor and dedicated hardware tokens are not always suitable.

Deepnet Security delivers a complete range of software based two-factor and two-way authentication products supported by a management platform for both web enabled applications and traditional enterprise applications, at a fraction of the cost of dedicated hardware based token solutions.

Availability & Pricing

Mobile 2x2 and MobilePass v2.0 are available now. Perpetual token and server license, including 1 year’s support and maintenance, from £10.00.

About Deepnet Security Ltd

Deepnet Security provides enterprises, financial institutions and ecommerce websites with the most flexible, two-factor and two-way authentication solutions that are user friendly and cost effective. Our key product, Deepnet Unified Authentication Platform, provides multiple solutions in one single platform. Our unique authentication products include mobile phone based one-time passwords, behavioural biometrics, virtual smart cards and risk based device tokens. For additional information please visit www.deepnetsecurity.com.

PR contact: 0207-700-4282

press@deepnetsecurity.com