CRYPTOCard Distributor, Pegasus Technologies, Signs Cool Cat Inc. to North American Partner Program

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Cool Cat Inc. to provide CRYPTO-MAS, Managed Authentication Service, to expanding customer base.

CRYPTO-MAS allows VARs and managed service providers, like Cool Cat Inc., to strengthen their customers’ security posture. CRYPTOCard’s managed authentication service applies best security practices, while lowering the administration efforts and costs compared to the use of a more traditional in-house solution.

CRYPTOCard, a leading provider of two-factor authentication technology, announced that U.S. distributor, Pegasus Technologies has recruited East Coast-based software vendor and managed service provider, Cool Cat Inc. to its Partner Program. Cool Cat Inc., which has been growing rapidly for the last two years, will provide CRYPTO-MAS, a managed authentication service, to customers in the U.S., Canada, Virgin Islands, Brazil and Europe.

Why Managed Authentication Service?

With analyst firms like Gartner estimating up to 30% of help desk costs attributed to password management, the CRYPTOCard Managed Authentication Service (CRYPTO-MAS) allows businesses to free up resources, remove up-front investment requirements and remove the risks associated with static passwords, at the same time delivering a more reliable service to remote access users.

“As a former secure ID card administrator for one of North America’s largest discount brokerages, I am well acquainted with the burden of managing and administrating identity management solutions,” said Seth Oxhandler, CEO, Cool Cat Inc. "With CRYPTO-MAS, I can provide my customers with the most robust two-factor authentication technology as a managed service, which reduces the costs and logistics associated with managing multiple users both internally and externally."

“As a CRYPTOCard distributor, we partner with VARs and system integrators to help deliver the most cost effective and scalable security technology on the market,” said Matthew Tucker, CEO and President, Pegasus Technologies. “CRYPTO-MAS allows VARs and managed service providers, like Cool Cat Inc., to strengthen their customers’ security posture. CRYPTOCard’s managed authentication service applies best security practices, while lowering the administration efforts and costs compared to the use of a more traditional in-house solution.”

The Partner Program

With many SMBs and enterprises depending on value-added resellers and consultants to deliver the highest standards in their security technology and services, the CRYPTOCard Partner Program is designed to be a natural extension of partners’ offerings. The program provides proven technology, with the sales and marketing support necessary to partners to develop and strengthen their security practices.

“Clearly there is an increased market demand for managed authentication services, and with the growth that Cool Cat Inc is experiencing, CRYPTOCard is pleased to provide a complimentary technology to support the company’s expansion,” said Bill Laham, Senior Vice President, North America and Products, CRYPTOCard.

About Cool Cat Inc.

Founded in New York City, Cool Cat Inc. is an Independent Software Vendor and Managed Service provider. Now with offices in Florida, D.C. and New York, Cool Cat Inc. services an expanding client base in the USA, Canada, Virgin Islands, Brazil and Europe. For more information, visit http://coolcatinc.com

About Pegasus Technologies

Pegasus Technologies, founded in 1998, has proven itself to be a market leader in providing IT based security solutions for its clients. The company’s mission is to provide cost efficient, quality IT based security solutions utilizing our Enterprise Security Methodology in combination with the most secure products available in the market. For more information, visit http://www.pegasustechnologies.com

About CRYPTOCard, Inc.

With the best token technology in the industry and the lowest total cost of ownership, CRYPTOCard offers unsurpassed value in solutions for positively identifying individuals before giving them access to applications, data and networks. Twenty years of technical achievements have won CRYPTOCard the trust of thousands of organizations in over seventy countries. CRYPTOCard’s solutions reduce the risks associated with remote access and web-based processes, and increase compliance, at a price all businesses can afford. The only company to offer authentication in server-based, managed service and build-it-yourself options, CRYPTOCard provides the most flexible solutions on the market. For more information, visit http://www.cryptocard.com

CRYPTOCard is a registered trademark of CRYPTOCard. Other product and company names mentioned herein may be trademarks and/or registered trademarks of their respective companies.

For media inquiries only, please contact:
Kathryn Schwab
PRceptive Communications Inc.
613-858-4407
kschwab@prceptive.com

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