ÿþ<html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2 Final//EN"> <!-- Created from PDF via Acrobat SaveAsXML --> <!-- Mapping table version: 28-February-2003 --> <HTML> <HEAD> <title>Umbanet Press Release - July 9, 2002</title> <link href="../umbanet.css" tppabs="http://www.umbanet.com/umbanet.css" rel="stylesheet" type="text/css" /> </HEAD> <BODY bgcolor=white text=black link=blue vlink=purple alink=fushia body background="images/background.gif" tppabs="http://www.umbanet.com/pressrelease/images/background.gif" class="backpage-main-bodytext"> <IMG align="" width="624" height="44" src="images/UmbanetFactSheet_img_0.jpg" tppabs="./images/UmbanetFactSheet_img_0.jpg" > <TABLE width=90% align="center"> <tr> <td align="justify"> <P align="justify"> <H1><FONT size="+2" color="#000000" ><B>Press Release </B></FONT></H1><p> <P align="justify">Umbanet Inc. in cooperation with CUNY's Institute for Software Design and Development (CISDD) has won a national Advanced Technology Program (ATP) competition and a grant of $2 million to advance the state of the art in e-commerce security using electronic mail.</P> <P align="justify">In evaluating Umbanet's technology for this award, experts at the Department of Commerce, National Institute of Standards and Technology (NIST) have determined that Umbanet is a significant new technology with a potential for large broad-based economic benefits for the US economy. Umbanet's security architecture integrates seamlessly with the user's existing email software. It will serve a wide variety of organizations and applications, such as bill presentment, on-line banking, insurance, and healthcare. The target application for the grant will be exchanging data during clinical trials, an area where data security is essential, where twoway secure communications between many remote sites and a central collection point is necessary, and where there is the potential for significant savings for the healthcare industry. The planned architecture to be developed in cooperation with CISDD researchers will meet stringent requirements for reliable user authentication, data access control, reliable audit trails, confidentiality, data and program integrity, and nonrepudiation to meet the requirements for health-care applications established by the Health Insurance Portability and Accountability Act (HIPAA).</P> <P align="justify"><a href=http://jazz.nist.gov/atpcf/prjbriefs/prjbrief.cfm?ProjectNumber=00-00-4879>http://www.atp.nist.gov/awards/02announce.htm</a><br> July 9, 2002</P> <td> <tr> </TABLE> </BODY> </HTML>