ABA Information Security Chair Michael Aisenberg and Purdue Computer Science Expert Dr. Eugene H. Spafford Join ProofSpace Advisory Boards

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ProofSpace, a technology startup developing patented trusted-timestamping and data integrity risk management technologies, today announced that Michael Aisenberg and Eugene H. Spafford have joined the company's business and technology advisory boards, respectively. ProofSpace http://www.proofspace.com builds legally robust data authentication systems that thwart fraud, testify to good enterprise conduct, and repudiate false legal claims against client companies.

ProofSpace, a technology startup developing patented trusted-timestamping and data integrity risk management technologies, today announced that Michael Aisenberg and Eugene H. Spafford have joined the company's business and technology advisory boards, respectively. ProofSpace http://www.proofspace.com builds legally robust data authentication systems that thwart fraud, testify to good enterprise conduct, and repudiate false legal claims against client companies.

Mr. Aisenberg is Chair of the American Bar Association's Information Security Committee and Chair-elect of the IT Sector Coordinating Counsel. As the former Director of Government Relations and the National Security Program Manager at VeriSign, Inc., Mr. Aisenberg is also Counselor to the President of Information & Infrastructure Technologies, Inc., the largest operating subsidiary of Electronic Warfare Associates. He supports work with Department of Homeland Security on cyber security response and the implementation of sector security plans in IT and communications, with Justice on network-based abuses against financial, transportation, defense and other critical infrastructures, and with DNI on reform of the national classification system.

Dr. Spafford is a Professor of Computer Science at Purdue University. Professor Spafford's current research focuses on issues of computer and network security, cybercrime and ethics, and the social impact of computing. He is the founder and executive director of the Center for Education and Research in Information Assurance and Security (CERIAS).

"We are pleased to be able to attract people with Michael and Spaf's experience and background to our advisory boards," said Paul Doyle, CEO of ProofSpace. "Their deep insight into the advancement of authentication technologies and the ramifications of those developments for the future of litigation and enterprise security should serve ProofSpace well. We look forward to working with them and receiving their guidance."

The company's ProofMark system, with its patented Transient Key technology, tags electronic business records with a self-validating cryptographic seal that acts as a "tamper indicator" based on a true and provable time-reference datum, impossible to manipulate, even by trusted insiders. The ProofMark irrefutably proves that the content of a record has not changed since the ProofMark was applied, no matter where the data resides or who has controlled it.

"ProofSpace has a unique approach to business and technical issues that is substantive from a policy, law and business perspective," said Michael Aisenberg. "It is a breath of fresh air from a business standpoint and represents a new era for technology. It is my privilege to be part of such an exciting venture that has so much promise."

Prior to joining Information & Infrastructure Technologies, Inc., Michael Aisenberg spent seven years as Director of Government Relations and National Security Program Manager at VeriSign, Inc., leading VeriSign's participation in the President's NSTAC, chairing its first International Task Force and authoring the Report on International Communications Security. From 1998 to 2000 Michael practiced law in D.C.; previously, he served for 17 years as Digital Equipment Corporation's Director of Government Strategy and Policy.

"So much of what we see in cyberspace is transient and easily altered, often for nefarious purposes," said Dr. Spafford. "The ProofMark provides a solid basis to minimize many risks, and knowing that what we are seeing has not been changed since it was agreed-upon is a basic -- and necessary -- requirement for business trust."

Spafford is the founder and executive director of the Center for Education and Research in Information Assurance and Security (CERIAS). This university-wide institute addresses the broader issues of information security and information assurance, and draws on expertise and research across all of the academic disciplines at Purdue. Spafford has received recognition and many honors for his research, including being named as a Fellow of the ACM, of the AAAS, and of the IEEE. He has been awarded status as a CISSP (Certified Information Systems Security Professional), honoris causa, by the Board of Directors of (ISC)2 and named as a member of the ISSA's Hall of Fame. In October of 2000, Dr. Spafford received the field's most prestigious award: the NIST/ NCSC National Computer Systems Security Award.

About ProofSpace

ProofSpace builds "legally robust" data authentication solutions that thwart fraud, provide an undeniable record of good enterprise conduct, and repudiate false legal claims against client companies. The company's patented ProofMarkâ„¢ Transient Key technology tags electronic business records with a self-validating cryptographic seal that acts as a "tamper indicator" based on a true and provable time-reference datum, impossible to manipulate, even by trusted insiders. ProofMark irrefutably proves that the content of a record has not changed since the ProofMark was applied, no matter where the data resides or who controls it.

Industry analysts have been bullish on the company's prospects ever since its core technology was included in the American National Standard X9.95- 2005 ("Trusted Time Stamp Management and Security") published by ANSI ASC X9, the accredited standards body for the financial services industry. The ProofSpace system was the only method recognized by the ANSI X9.95 standard that can be deployed entirely as software inside of an enterprise, without depending on an external trusted third party.

More information on ProofSpace, its technology and products are available at the company website at http://www.proofspace.com ProofSpace, ProofMark and Transient Key are trademarks of ProofSpace, Inc. All other products and services mentioned are trademarks of their respective companies.

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