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Citadon to Extend its Online Security Offerings with Technology from Bharosa

17 June 2005

Bharosa, a provider of Web-based security solutions to combat online identity theft, and Citadon®, a provider of integrated Web-based collaboration, document management and business process management solutions, today announced an agreement to expand the range of security options available to worldwide users of Citadon’s Web-based collaboration solutions.

Under the terms of this agreement, Citadon will integrate Bharosa's v.Crypt™ platform into the Citadon CW (Collaboration Workspace) platform. As a result, Citadon clients will have even greater flexibility to authenticate use at the document, task, user, and event level and will have additional tools to satisfy digital signature requirements, which are very important in highly regulated industries such as pharmaceutical trials and financial services.

Named one of the top 100 Fastest Growing Companies Private Companies by the San Francisco Business Times, Citadon has a rapidly growing clientele that includes some of the largest enterprises in the world — companies with business-critical projects and stringent and rising concerns regarding information security. "Our clients require the ability to securely exchange information with their external business partners and want the ability to tailor the level of security access to meet their business needs” said Howard Koenig, President and CEO for Citadon. “In this climate of growing risk, we’re committed to delivering the most rigorous security available. By making Bharosa’s v.Crypt solution available as an option for Citadon CW, we’re able to provide industry-leading protection against all known forms of online fraud as well as future threats.”

The Bharosa v.Crypt™ platform is the first complete enterprise defense against Internet-based fraud, offering advanced user authentication and fraud monitoring, detection and alerting capabilities. Bharosa secures applications without needing hardware, software or devices, which is critical to businesses like Citadon, who host services on the Web. "Bharosa has found an effective way to guard businesses and their consumers against phishing, Trojans and other online frauds without use of any devices or downloads," said Paul Saunders, information security analyst for WR Hambrecht + Co.

Bharosa CEO Jon Fisher states businesses can be much more confident working with solution providers like Citadon who “are taking action on behalf of their customers’ interests, not waiting for the solutions of the past to catch up to today’s risks. Smart businesses know what having high standards for service means in today’s world,” says Fisher. “It means you can’t implement new software systems, a process which can take months, at every turn, in response to every new risk. Systems need to be fluid enough to adapt to what in six months might be a whole new set of threats associated with doing business online. At Bharosa, which means trust, we’re creating confidence in a solution that will help our clients rise to tomorrow’s challenges.”

About Bharosa
Bharosa, Inc. is a privately held company founded in May 2003 and headquartered in Santa Clara, California. Bharosa offers online security solutions to protect against the rising risks of Phishing, Trojan and Proxy-based fraud. Bharosa’s patent-pending technology uses images to format and transmit data in ways only the users themselves and their institutions can decipher. Bharosa’s v.Crypt Tracker product, also available with it’s authentication suite, helps organizations monitor and detect online fraud. More information about Bharosa is available at www.bharosa.com

About Citadon
Citadon is the award-winning provider of on-demand collaboration and business process management solutions for distributed and project-oriented organizations. Citadon provides web-based solutions that enable customers and their constituents to seamlessly share and manage a wide variety of document types, automate complex business processes, collaborate, and communicate without barriers while providing a secure mechanism for capturing and leveraging knowledge.
More than 60,000 subscribers in over 60 countries rely on Citadon to deliver business-critical automation and management. Citadon customers include Alcoa, Ameren, Chicago Transit Authority, EC Harris, GM, ICA Fluor, and Novo Nordisk Engineering, Parsons Iraq Joint Venture, Shell Oil Products, and Transport for London. Most recently, Citadon was recognized as one of the 100 Fastest Growing Private Companies in the San Francisco Area. For more information, please visit: www.citadon.com.

Press Contacts:
For Bharosa:
L. Harris
e-mail protected from spam bots
650.291.3440

For Citadon:
Allison & Partners Public Relations, San Francisco
Tom Woolf
415-277-4923
e-mail protected from spam bots

Source: PR Web


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