SMS PASSCODE® achieves prestigious Top-level AAA company rating

Soliditet, a leading credit rating institution, has given SMS PASSCODE A/S the internationally recognized highest AAA rating.

Copenhagen, January 19th, 2012 – SMS PASSCODE® - The recognized technology leader in two-factor authentication based identity protection - today announced it has received the highest AAA rating by Soliditet, the leading rating institution in Northern Europe. The AAA -  the Highest Credit Worthiness – is only given to limited liability companies and joint-stock companies with an exceedingly strong ability to meet current payment obligations.   As a result of a strong technology focus, SMS PASSCODE® and the broad network of dedicated and skilled partners have consistently outpaced the competition and delivered results both in the market place and financially as seen with the AAA rating.

SMS PASSCODE has experienced very fast growth that has outpaced the competition over the past years as has also been seen in reports like the Goode Intelligence Mobile Authentication Report. This growth has been driven by the significant increase in identity theft, breaches with leading security vendors like RSA and Diginotar and a rapid transition from legacy hardware- and software based tokens to modern real-time message based solutions. These solutions deploy a more secure real-time approach where a user first validates user ID and Password, before a one-time-password code is generated in real-time and delivered via SMS, voice call or secure e-mail.  For traditional SMS or voice call systems, the code has been calculated in advance and thus, if a hacker can find the “list” of pre-calculated codes for all users, it is easy to compromise the entire system. This is not possible with the SMS PASSCODE technology-leading design, where the code is created in real-time and tied to the login attempt. This more secure approach has garnered award recognition across the world.

More information about SMS PASSCODE can be found at: http://www.smspasscode.com/. To try it out live on your own mobile phone, visit: https://demo.smspasscode.com

About SMS PASSCODE®
SMS PASSCODE® is the leading technology in two-factor authentication using your mobile phone. To protect against the rise in internet based identity theft hitting both consumers and corporate employees, SMS PASSCODE offers a stronger authentication via the mobile phone SMS service compared to traditional alternatives. SMS PASSCODE® installs in minutes and is much easier to implement and administer with the added benefit that users find it an intuitively smart way to gain better protection. The solution offers out-of-the-box protection of the standard login systems such as Citrix, Cisco, Microsoft, Juniper and other IPsec and SSL VPN systems as well as websites. Installed at thousands of sites, this is a proven patent pending technology. In the last year, SMS PASSCODE has been awarded twice to the prestigious Red Herring 100 most interesting tech companies list, a Secure Computing Magazine Top 5 Security Innovator, InfoSecurity Guide Best two-factor authentication, a Citrix Solution of the Year Finalist, White Bull top 30 EMEA companies,   a Gazelle 2010 and 2011 Fast Growth firm and a ComOn most promising IT company Award. For more information visit: http://www.smspasscode.com or our blog at blog.smspasscode.com.
                           
For more information, contact : Lars Barthold Nielsen, SMS PASSCODE, Phone +45 21 26 81 98,
e-mail: lbn@smspasscode.com