Atlanta, GA (PRWEB) September 11, 2009
CRE Commerce, the software developer of CRE Secure.com, the first fully compliant cloud-based payment security system, announces today that it has been accepted as a full member of Georgia Tech's Advanced Technology Development Center (ATDC). ATDC is a startup accelerator at the Georgia Institute of Technology (Georgia Tech) that helps Georgia technology entrepreneurs launch and build successful companies. The ATDC provides recognition, resources and support to Georgia based start-up organizations bringing new solutions and budding technologies to the market place.
"We look for emerging companies that are offering new and innovative solutions to solve various technological needs," said David Sung, Startup Catalyst and Seed Capital Fund Manager. He continued, "CRE Commerce has demonstrated true innovation to fill a market need with the recent launch of CRE Secure, a Payment Card Industry (PCI) compliant Security-as-a-Service offering to protect cardholder transactions made in any web-based application from malicious attacks which compromise credit cardholders' privacy and security."
Using its innovative HTML Clone™ patent pending technology, CRE Secure is able to help online retail merchants and other web applications safely and securely handle credit card transactions through its Level 1 PCI DSS data center facility greatly reducing the high cost and business risk of becoming PCI compliant. "We were faced with the challenge of becoming PCI compliant in our own online presence selling open source ecommerce licensed software products. This led us to develop a secure methodology to achieve the right level of security without sacrificing the online experience for our shoppers," said Greg McGraw, President & Chief Executive Officer of CRE Commerce. "We quickly realized that over 6 million online merchants in the U.S. alone were facing the same challenges of security and compliance. By leveraging our PCI experience and investment, CRE Secure products can reach directly out to those online stores needing compliant, cost effective solutions. We are very excited to be part of the ATDC, and eagerly look forward to growing our business with their support and strong credibility in the marketplace," added Mr. McGraw.
The Advanced Technology Development Center (ATDC) is a nationally recognized science and technology incubator that helps Georgia entrepreneurs launch and build successful companies. Headquartered at the Georgia Institute of Technology in Atlanta, ATDC provides strategic business advice and connects its member companies to the people and resources they need to succeed. More than 120 companies have graduated from the ATDC. For additional information, contact Mr. David Sung, Startup Catalyst and Seed Capital Fund Manager, (678) 743-1390, or visit http://www.atdc.org.
About CRE Commerce
CRE Commerce is a leading player in the eCommerce software industry that has been, since 2001, leveraging the power of Open Source technology to help online merchants fulfill their business goals. Our newest subsidiary, CRE Secure (http://www.cresecure.com) safely connects any web based application that takes credits cards to any merchant bank account in the world. With CRE Secure's Security-as-a-Service deployment, merchant customers' card transactions are hosted in our secure, PCI-compliant data center--similar to data centers are used by PayPal, Amazon and Google. Unlike these branded hosted payment solutions, shoppers on the CRE Secure-powered store never feel like they have left the merchant site because CRE Secure's patent pending HTML Clone technology automatically reproduces a store's own site's 'look and feel' for each and every transaction providing a seamless and safe user experience. CRE Commerce is venture capital backed by Total Technology Ventures (http://www.ttvatlanta.com) and several local angel investors. For more information call (404) 961-9840 or visit http://www.crecommerce.com.