Data Security Systems Solutions Announces Full Support for Initiative for Open AuTHentication (OATH)

Singapore, Friday, 16 December 2005 - Data Security Systems Solutions Pte Ltd (aka DSSS), a leader in end-to-end security and multi-factor authentication, today announced it is joining the Initiative for Open AuThentication (OATH), an industry wide collaboration to drive adoption of strong authentication standards across all networks, applications and devices.

"We are very excited in joining OATH," stated Zvi Efroni, DSSS CEO. "Being a leader in 2-factor authentication and the many years of experience we have in its implementation, DSSS can now take an active part and work closely with the OATH community to share our knowledge and experience to further the strong authentication cause."

In adopting OATH, members are working together to help customers reduce the cost and complexity of deploying strong authentication. DSSS joins an impressive membership roster including Aladdin Knowledge Systems (NASDAQ: ALDN), Check Point Software Technologies (NASDAQ:CHKP), Gemplus (NASDAQ: GEMP), IBM (NYSE: IBM), Juniper Networks (NASDAQ: JNPR), SafeNet (NASDAQ: SFNT), Vasco (NASDAQ: VDSI), and Verisign (NASDAQ:VDSI), amongst others.

"DSSS' 2-factor authentication solution helps ensure authentication of communications and transactions that transpire between businesses and their online customers," explained Kelvin Teo, General Manager of DSSS. "Our solution is built to provide centralized, two-factor authentication for banks and financial institutions, enterprises and government to ensure that only authorized users can gain access to highly sensitive information and transact securely. By supporting OATH-compliant authentication devices that are already available, we are now not only able to offer the necessary strong authentication that is crucial to online businesses but is also in a strong position to create a resilient barrier against unauthorized access, helping to protect online data resources from potentially devastating accidental or malicious intrusion."

The DSSS Authentication Server Solution is the complete authentication solution to providing end-to-end security for passwords and highly sensitive information to secure electronic transactions, as well as for protection against cryptographic and Trojan attacks. Through the DSSS patent-pending OTPK (One-Time Private Key) technology, the Authentication Server can be used to bridge between authentication and PKI, and support digital signature of data and transactions for non-repudiation purposes.

About the Initiative for Open AuTHentication
The Initiative for Open AuTHentication (OATH) is a collaboration of leading device, platform and application companies. OATH participants hope to foster use of strong authentication across networks, devices and applications. OATH participants work collectively to facilitate standards work and build reference architecture for open authentication while evangelizing the benefits of strong interoperable authentication in a networked world. OATH members are united in three key goals: promote secure and safe online transactions for users; leverage existing standards to create an open reference architecture for strong authentication; and reduce the cost and complexity of strong authentication to drive broad enterprise and consumer adoption.
For more about OATH, go to http://www.openauthentication.org

About Data Security Systems Solutions Pte Ltd
Headquartered in Singapore, Data Security Systems Solutions develops authentication solutions for enterprises, banks and governments that dramatically provide strong authentication that is most critical to online businesses From managing world-class security products and components to enterprise security consulting to developing solutions for the Banking, Financial and Private environments, DSSS is simplifying the way to secure your enterprise.
For more information, visit us at http://www.dsssasia.com.