S-1 Corporation Selects KoolSpan Technology to Power New Mobile Security Offering

BETHESDA, Md. and SEOUL, South Korea, May 15, 2013 /PRNewswire-USNewswire/ -- S-1 Corporation, a global leader in mobile security, has signed a multi-year strategic partnership with KoolSpan Inc., developer of a suite of patented hardware-based mobile security applications that provide the highest level of security and encryption, enabling businesses, enterprises, financial professionals, governments and individuals to protect against increasing threats to mobile voice communications and data assets.

Under the agreement, KoolSpan's security and encryption platform, TrustChip®, will power S-1's SafeTalk™ suite of services including voice, text and file security. The new security suite is available today through S-1 Corporation across many smartphones, including Samsung's flagship Galaxy S III and Galaxy Note II.

"The transition to a data-centric mobile network has fundamentally altered the way we perceive and deal with mobile security and it is a top-of-mind concern for us as well as our customers," said Youn Sung-shick, senior vice president of S-1 Corporation. "KoolSpan provides a level of mobile security unparalleled in the marketplace and with its technology anchoring our new SafeTalk™ offerings, we provide the ability to essentially transform standard mobile networks into a secure infrastructure."

KoolSpan's TrustChip® is a self-contained, secure, military-grade, microSD encryption engine. TrustChip® serves as the hardware anchor for the company's TrustCall and TrustText secure encryption applications for safe and secure voice calls and text messaging.

"As a global leader in mobile security integration, S-1 Corporation, continues to set new standards for mobile design, technology and innovation," said Gregg Smith, CEO of KoolSpan. "Having our technology designated as the core of its new secure mobile offering for customers as well as its own employees, is a testament to the inherent value of our technology to solve evolving mobile security challenges."

TrustChip's® TrustSDK, which is FIPS 140-2 validated, enables developers to encrypt voice, text and data in a multi-platform ecosystem in order to execute security requirements.

S-1 Corporation's new offering also includes managed security services through TrustCenter, the KoolSpan secure hardware and key management system.

For more information on how to secure your organization's voice and data communications, please visit www.koolspan.com.

About KoolSpan:
KoolSpan, Inc. develops hardware-based encryption and security applications to protect data and voice communications over network-connected devices. The foundation for KoolSpan encryption is TrustChip®, a hardware-based security platform delivered through a secure microSD processor. It protects connected devices including cell phones, office network phones, laptops, tablets, PCs, desktop phones and servers. With 17 patents underlying its technology, KoolSpan offers communications security to companies and government agencies worried about loss or theft of intellectual property, vital information and proprietary assets. TrustChip's TrustSDK is FIPS 140-2 validated and deployed in more than 50 countries. KoolSpan is a privately held and based in Bethesda, Md.

About S-1: 
S-1 is a Samsung affiliated company headquartered in Seoul, South Korea. S-1 is the leading security product and services company in Korea with a focus on becoming the leading global system integrator of mobile security.

SOURCE Koolspan, Inc.