Philips Semiconductors Unlocks the Key to Embedded Secure Technology

Apr 03, 2001, 01:00 ET from Phillips Semiconductors

    SUNNYVALE, Calif., April 3 /PRNewswire/ -- Philips Semiconductors, a
 division of Royal Philips Electronics (NYSE:   PHG; AEX: PHI), today announced
 its newly formed Crypto Competency Center (CCC), a leading edge research
 center specializing in cryptographic architectures and algorithms. The CCC,
 located in Eindhoven, The Netherlands, will focus on the growing demand for
 highly secure encryption capabilities for data transactions. The CCC will
 focus on applied crypto security research and the pre-development of IP blocks
 by creating reusable, embeddable IP blocks capable of supporting future
 semiconductor devices that can be integrated in networking and identification
 products and systems.
     The CCC will provide innovative hardware and software technology for the
 secure implementation of existing encryption algorithms such as RSA, elliptic
 curves and AES. It will also enable Philips Semiconductors to stay at the
 forefront of development for new secure architectures and algorithms. The CCC
 results will be used in new chips, enabling a wide span of secure applications
 in advanced embedded solutions such as integrated circuits (ICs) for broadband
 wired and wireless networks, virtual private networks, smart cards, radio
 frequency identification (RFID), and smart card readers. The resulting silicon
 solutions will improve security transactions in applications such as secure
 network access, m/e/t-commerce, high-security governmental and emerging
 on-line applications such as pay TV, banking and online stock trading.
     "The CCC strengthens Philips Semiconductors' leadership position in
 embedded secure technology by reinforcing our commitment to provide our
 customers with the core-enabling technology for secure business transactions,"
 says Scott McGregor, vice president, Emerging Business Unit,
 Philips Semiconductors. "As the demand for secure global transactions
 increases, the more than 20 dedicated scientists and engineers at the CCC will
 work to support our commitment and leadership in the digital marketplace as it
 continues to grow at an exponential rate."
     Philips Semiconductors will show a selection from their portfolio of
 products for secure networking and provide an overview of smart card
 applications at the RSA Data Security Conference in San Francisco,
 April 10-12, 2001.
 
     About Philips Semiconductors
     Philips Semiconductors, which has annual revenues of approximately
 US$6.3 billion in 2000, designs and manufactures semiconductors and silicon
 systems platforms. Philips Semiconductors is spearheading the emerging field
 of systems on silicon solutions with the innovative Nexperia(TM) platform and
 VLSI Velocity(TM) tool set. The company's Sea-of-IP(TM) design methodology
 allows plug and play intellectual property blocks for easily customizable
 products. The company is a leader in communications, consumer, PC peripherals
 and automotive semiconductors, which are key applications for convergence in
 end-user products throughout the world. For more information:
 www.philips.semiconductors.com.
 
 

SOURCE Phillips Semiconductors
    SUNNYVALE, Calif., April 3 /PRNewswire/ -- Philips Semiconductors, a
 division of Royal Philips Electronics (NYSE:   PHG; AEX: PHI), today announced
 its newly formed Crypto Competency Center (CCC), a leading edge research
 center specializing in cryptographic architectures and algorithms. The CCC,
 located in Eindhoven, The Netherlands, will focus on the growing demand for
 highly secure encryption capabilities for data transactions. The CCC will
 focus on applied crypto security research and the pre-development of IP blocks
 by creating reusable, embeddable IP blocks capable of supporting future
 semiconductor devices that can be integrated in networking and identification
 products and systems.
     The CCC will provide innovative hardware and software technology for the
 secure implementation of existing encryption algorithms such as RSA, elliptic
 curves and AES. It will also enable Philips Semiconductors to stay at the
 forefront of development for new secure architectures and algorithms. The CCC
 results will be used in new chips, enabling a wide span of secure applications
 in advanced embedded solutions such as integrated circuits (ICs) for broadband
 wired and wireless networks, virtual private networks, smart cards, radio
 frequency identification (RFID), and smart card readers. The resulting silicon
 solutions will improve security transactions in applications such as secure
 network access, m/e/t-commerce, high-security governmental and emerging
 on-line applications such as pay TV, banking and online stock trading.
     "The CCC strengthens Philips Semiconductors' leadership position in
 embedded secure technology by reinforcing our commitment to provide our
 customers with the core-enabling technology for secure business transactions,"
 says Scott McGregor, vice president, Emerging Business Unit,
 Philips Semiconductors. "As the demand for secure global transactions
 increases, the more than 20 dedicated scientists and engineers at the CCC will
 work to support our commitment and leadership in the digital marketplace as it
 continues to grow at an exponential rate."
     Philips Semiconductors will show a selection from their portfolio of
 products for secure networking and provide an overview of smart card
 applications at the RSA Data Security Conference in San Francisco,
 April 10-12, 2001.
 
     About Philips Semiconductors
     Philips Semiconductors, which has annual revenues of approximately
 US$6.3 billion in 2000, designs and manufactures semiconductors and silicon
 systems platforms. Philips Semiconductors is spearheading the emerging field
 of systems on silicon solutions with the innovative Nexperia(TM) platform and
 VLSI Velocity(TM) tool set. The company's Sea-of-IP(TM) design methodology
 allows plug and play intellectual property blocks for easily customizable
 products. The company is a leader in communications, consumer, PC peripherals
 and automotive semiconductors, which are key applications for convergence in
 end-user products throughout the world. For more information:
 www.philips.semiconductors.com.
 
 SOURCE  Phillips Semiconductors