KoolSpan Honored as ICE Award Finalist

Maryland TEDCO Recognizes KoolSpan Innovation

Bethesda, Md. May 5, 2011 – KoolSpan®, Inc., developer of the TrustChip® family of secure connectivity solutions that seamlessly protect voice and data communications, today announced it has been named as a finalist for a TEDCO Innovation ICE Award.The Maryland Technology Development Corporation (TEDCO) developed the Innovation, Company and Entrepreneur (ICE) awards to recognize leading businesses and individuals. The awards ceremony will be held Wednesday, May 11, 2011 at the National Electronics Museum in Linthicum, MD.

“Our innovation is fueled by a constant drive to deliver industry leading security solutions to our customers” explained KoolSpan CEO Tony Fascenda. “KoolSpan is honored to be an ICE Award finalist.”
KoolSpan TrustChip technologies deliver fully encrypted network connectivity and mutual authentication within a streamlined device-to-device architecture that protects critical voice and data traffic end to end. TrustChip technologies also feature distributed security management without limits of scale or network type, and a dedicated and hardened crypto engine that insulates security key processing from host devices. Deployed in its own optimized hardware environment, KoolSpan’s high-performance security engine remains protected from threats and bottlenecks that can reside in open platform, mobile and legacy host devices.
KoolSpan technology has been rigorously tested and reviewed by top security research organizations in the United States government, as well as many industry trade publications. KoolSpan is an Information Security Magazine/TechTarget Readers Choice Award winner for Best Emerging Technology, a category winner of the SC Award for Best Multi-Factor Authentication technology, and was featured by the editors of Network World as one of the Top Ten “Security Companies to Watch.”

About KoolSpan, Inc.

KoolSpan is a leading innovator of simple secure solutions that protect communications, whether voice or data. Its TrustChip® security engine can protect any application on any device, including standard commercial-off-the-shelf smartphones. Today’s flagship apps enable smartphone users to place encrypted phone calls simply and easily. As a result, businesses and governments worldwide have made TrustChip the premier solution for protecting their sensitive conversations. KoolSpan solutions are available through wireless carriers and authorized resellers globally. To learn more, visit www.koolspan.com or call 240.880.4400.

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KoolSpan Media/Analyst Contact:
Jim Engineer
e-Rainmaker PR for KoolSpan
+1 630.728.1387
jim.engineer@e-rainmaker.com