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Unveils CryptoStick at InfoTech, Files Patent For Portable Encryption
Device Compact Unit Allows Individuals to Easily Transport Confidential, Compressed,
Encrypted Files On a Key Chain (Research Triangle Park, NC -
October 30, 2002) - Research Triangle Software, Inc. (www.rtsz.com) announced
today that it has unveiled the CryptoStickä, a portable data encryption and
storage device that allows individuals to carry encrypted files with them on a
key ring. The product was launched today at InfoTech 2002, one of the premier
technology showcase events in the Southeast United States. "CryptoStick
is a groundbreaking product that will change the way individuals conduct business,"
said Jeff LeRose, CEO of Research Triangle Software. "Gone are the days of
carrying a laptop PC in order to ensure that you will be using a secure PC at
your destination. Instead of using a laptop or unprotected emails and disks to
transport confidential documents, everyone can now use the CryptoStick. It provides
a convenient and effective solution to store and transport important data. The
CryptoStick is a compact device the size of a small pocket lighter that fits on
a key ring or clips to your pocket and provides you with immediate access to your
encrypted, confidential documents." The CryptoStick, which comes preloaded
with the latest version of CryptoBuddy (1.1), can be connected to any computer
with a USB (Universal Serial Bus) interface port and is compatible with the following
windows operating systems Windows® 98, SE, 2000, ME, and XP. The CryptoStick
will come in a variety of colors and different storage capacities ranging from
16MB up to 2GB. "The CryptoStick will fulfill the needs of most business
travelers who need to transport presentations or other secure data," LeRose
added. The CryptoStick is the follow-up product to CryptoBuddy 1.0,
one of the most successful software releases in the Research Triangle Park region
this year. Released by Research Triangle Software this June, CryptoBuddy has received
high marks from software reviewers across the country and is now available for
free at more than 100 Internet download sites. The easy-to-use application allows
the compression and encryption of all sensitive files in a manner designed to
simplify and demystify encryption in ordinary usage. Data can be safely
stored on the CryptoStick for up to ten years, and no software needs to be resident
on the origin or destination computer. "Jeff LeRose is a seasoned
entrepreneur and a past winner of the Ernst and Young Entrepreneur of the year
award for the Carolinas in Technology. He appears to be on his way to doing it
again," said Ben Brooks of Southern Capitol Ventures. "His last company
was a tremendous success and in a time of increasing concerns about protecting
private and confidential information from others, Jeff appears to have RTS positioned
to deliver a series of encryption products to meet the growing demand in the market."
Research Triangle Software (www.rtsz.com) is taking orders for the CryptoStick
today and the first units will be shipped in the middle of November with the price
for the 32-MB version at $49.95 per unit. About CryptoBuddy: CryptoBuddy
is utility software product from Research Triangle Software, for the encryption,
security, compression, and privacy needs of data for individuals and business.
It compresses and encrypts files at very high speeds adding only seconds to the
file transfer process. The product serves these needs for individuals and enterprises
of all sizes through an easy to use interface designed to simplify and demystify
encryption in ordinary usage. Additionally, its related products, and merchandise
can be used to make its use fun, and educational while providing a high degree
of protection. For further information on the product; please visit our website
(www.cryptobuddy.com). About Research Triangle Software, Inc.: Research
Triangle Software, Inc. (RTS) is a diversified electronic commerce (EC) products
and services company. RTS serves the EC needs of individuals and companies in
a cost efficient way. RTS provides EC software, education, and related products
and services that are easy to learn and use. For further information, please call
(919)-657-0505 or visit our web site (www.rtsz.com).
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