KoolSpan Announces Commercial Agreement with Major European Telecommunications Carrier to Offer TrustCall

Encrypted Mobile Voice Service uses Powerful Combination of Hardware and Software to Enable Voice Calls with High-Level Security

Bethesda, MD. – March 26, 2012

KoolSpan, Inc., developer of the TrustChip® family of plug-in mobile security solutions, today announced that a major European telecommunications operator will commercialize its Trust Suite of products including TrustCall. The service will target government agencies, law enforcement organizations, financial services institutions and international businesses.

The encrypted mobile voice service combines KoolSpan’s TrustChip and TrustCall into a two-factor cell phone encryption solution. TrustChip is a fully hardened, self-contained crypto engine inserted into the smartphone’s microSD slot. The TrustCall application integrates the security functions of the TrustChip to allow users to easily place and receive encrypted calls.

“Being selected by a major telecommunications player is a strong endorsement of the validity of our encryption solution,” said Gregg Smith, CEO of KoolSpan. “As KoolSpan moves into Europe and other countries we will solidify our solution as a global leader in the mobile security space.”

Smith added that the need for reliable mobile security has emerged as a fundamental requirement for business and government, especially in the Android space.

“By offering our Trust Suite of products, telecommunications operators can differentiate themselves from competitors and establish a competitive advantage with the most innovative mobile encryption products on the global market,” he said.

About KoolSpan, The TrustChip Company
KoolSpan is a leading innovator of data encryption and security products optimized for the mobile market. Its microSD-based TrustChip® mobile encryption engine is a critical component to mobile security solutions and has been tested and deployed in 38 countries worldwide. TrustChip secured solutions enable the protection of applications, operating systems and mobile devices; are FIPS 140-2 Validated, and deployed by government, enterprise and offered by leading wireless operators to protect sensitive communications. For more, visit www.koolspan.com

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Media Contact: Gina Zuk Abel Communications for KoolSpan (410) 843-3816 gina@abelcommunications.com

Francis Knott

Francis Knott has over 17 years of mobility, technology, interactive media, software and healthcare experience. Mr Knott is an expert at building companies, growing revenue and launching and marketing new products. In the past, he has worked in software and product development, mobile social media, and mobile applications development.