The FIDO Alliance Announces NXP Semiconductors as Newest Board Member and Names New Associates

The FIDO Alliance Announces NXP Semiconductors as Newest Board Member and Names 
New Associates 
Associate Members Diamond Fortress and Crocus Technology Align With
(FIDO) Fast IDentity Online -- the First and Only Industry Standard
for Strong Authentication 
SAN FRANCISCO, CA -- (Marketwire) -- 02/27/13 --   RSA Conference -
The FIDO Alliance (Fast IDentity Online), an industry consortium
revolutionizing online authentication with the first standards-based
open protocol to supplant reliance on passwords, expands membership
within days of launching. NXP Semiconductors N.V. (NASDAQ: NXPI)
joins founding members Lenovo, Nok Nok Labs, PayPal, and Validity
Sensors on the FIDO Alliance Board. New members Diamond Fortress
Technologies and Crocus Technology join founder Agnitio as
associates, along with Infineon Technologies, a FIDO Alliance founder
and sponsor member.  
"Within days of launching the FIDO Alliance, we are excited to
welcome our newest board member NXP Semiconductors and associate
members Diamond Fortress Technologies and Crocus Technology," said
Michael Barrett, FIDO Alliance president and PayPal Chief Information
Security Officer. "The FIDO vision of universal strong authentication
promises better security, enhanced privacy, more commerce and
expansion of services throughout digital industries. NXP's addition
to the FIDO board supports our industry goal to make user
authentication easier and safer for all parties." 
"We believe strong authentication, beyond username and password, is
essential to secure cloud services and enable growth of the Internet
in new applications," said Sami Nassar, General Manager
Authentication PL, NXP Semiconductors. "NXP brings decades of Bank
and Government grade security experience and technology leadership to
FIDO and the computing industry." 
FIDO resonates with an industry struggling to verify identity and
raise security, while simplifying the user experience. The FIDO
protocol will support a full range of authentication technologies,
including biometrics such as fingerprint scanners, voice and facial
recognition, as well as existing solutions and communications
standards, such as Trusted Platform Modules (TPM), USB Security
Tokens, Near Field Communication (NFC), One Time Passwords (OTP) and
many other existing and future technology options. The open protocol
is designed to be extensible and to accommodate future innovation, as
well as protect existing investments. The FIDO protocol allows the
interaction of technologies within a single infrastructure, enabling
security options to be tailored to the distinct needs of each user
and organization. 
New associate members Diamond Fortress Technologies and Crocus
Technology come to the FIDO Alliance with diverse interests and
solutions. Diamond Fortress Technologies provides software for mobile
biometric identity security and authentication in both cloud-based
and device-based solutions. Crocus Technology offers secure
authentication in a proprietary magnetically enhanced semiconductor
technology for chip security and embedded memory. Both represent
organizations with keen interest in shaping the development of the
FIDO protocol in order to ensure that the open standard addresses
their use cases and requirements.  
As more organizations join the FIDO Alliance, those organizations
will define the market requirements, contributing to the FIDO
specification and resulting in an ecosystem encompassing more use
cases and technologies. The FIDO Alliance invites all companies and
organizations to become active members. Interested organizations are
encouraged to go to www.fidoalliance.org to find out more and to join
the FIDO Alliance. 
About NXP Semiconductors
 NXP Semiconductors N.V. (NASDAQ: NXPI)
provides High Performance Mixed Signal and Standard Product solutions
that leverage its leading RF, Analog, Power Management, Interface,
Security and Digital Processing expertise. These innovations are used
in a wide range of automotive, identification, wireless
infrastructure, lighting, industrial, mobile, consumer and computing
applications. A global semiconductor company with operations in more
than 25 countries, NXP posted unaudited revenue of $4.36 billion in
2012. Additional information can be found by visiting www.nxp.com. 
About The FIDO Alliance
 The FIDO (Fast IDentity Online) Alliance was
formed in July 2012 to address the lack of interoperability among
strong authentication technologies, and remedy the problems users
face with creating and remembering multiple usernames and passwords.
The Alliance plans to change the nature of authentication by
developing standards-based specifications that define an open,
scalable, interoperable set of mechanisms that supplant reliance on
passwords to easily and securely authenticate users of online
services. 
Media Contact:
Suzanne Matick
for FIDO Alliance
suzanne [at] matick.net
831-479-1888 Pacific time zone 
 
 
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