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Intrinsic-ID, License Contract With Panasonic System LSI

Intrinsic-ID, License Contract With Panasonic System LSI 
Intrinsic-ID has closed a security IP Technology Licensing Agreement
with Panasonic System LSI. Intrinsic-ID's technology has been
publically endorsed by companies offering top-level security for US &
European government and defense applications, smartcard, telecom and
networking, embedded and automotive, and the mobile industry. 
EINDHOVEN, THE NETHERLANDS -- (Marketwired) -- 06/30/13 --
Intrinsic-ID today announced that Intrinsic-ID's "Hardware Intrinsic
Security" (HIS) technology has been licensed to Panasonic Corporation
System LSI Business Division for their SoC product. HIS is also
referred to as Physical Unclonable Function (PUF). HIS technology is
based on a very innovative way to protect critical secrets in an IC
by extracting them from the electronic fingerprint of the chip. 
This SoC product enables a solution for a very high level of
protection of important data such as 4k x 2k high quality video
content. This security solution can also be applied for any other
application like medical cloud, mobile payment, and machine to
machine authentication. 
HIS technology allows a firm binding of differentiating software from
Panasonic System LSI and/or from Panasonic System LSI's OEM customers
to the embedded application chips and prevents cloning of the systems
by the highest level of anti-tamper and reverse engineering
protection on the market. 
In addition, HIS provides a flexible key management/personalization
and life cycle management system that substantially simplifies the
implementation and distribution of mobile security applications. 
"In the connected world we see many new emerging applications that
need a better protection of mobile transactions and the privacy of
individuals" said Pim Tuyls, CEO at Intrinsic-ID. "Our HIS technology
with its flexible key management enables Panasonic System LSI with a
unique competitive edge of top-level security to further enhance
their leadership position." 
"We are excited to work with Intrinsic-ID to create a new usage model
based by developing SoCs with enhanced security," said Noriaki Kubo,
Director at Panasonic Corporation System LSI Business Division. 
About Intrinsic-ID 
Intrinsic-ID is the world-wide leader in security IP cores and
applications based on patented Hardware Intrinsic Security(TM)
technology (HIS), also referred to as 'Physical Unclonable Function'. 
In HIS secret keys are extracted from the properties of chips like an
'electronic fingerprint' and used to offer a total protection of
sensitive private and corporate data on mobile devices, embedded
systems and in the cloud. 
Intrinsic-ID is headquartered in Eindhoven, The Netherlands and has
sales offices in San Jose, Tokyo and Seoul. www.intrinsic-id.com
Contacts:
Intrinsic-ID
Vanessa Stutz
Marketing Manager
+31 40 751 39 01
vanessa.stutz@intrinsic-id.com
www.intrinsic-id.com