Benjamin Jun’s presentation at the 2012 IPM Conference.
Download “Identity, Implementation Security, and the Future – 2012 IPM Conference”
TrustNorway Partners With Bell ID to Provide Mass Market TSM Solutions
Bell ID, the leader in the field of card/contactless/mobile and application lifecycle management and TrustNorway, the leader in Near Field Communication (NFC) services for mobile payments, loyalty and marketing applications in the Nordic/Baltic region, announce a global, technical and commercial partnership to provide integrated Trusted Service Manager (TSM) mobile solutions for NFC handsets.
The combined offering enables organizations to take advantage of their existing infrastructure and extend them to provide NFC/TSM mobile solutions to their customers. Through this partnership, mobile network operators, financial institutions and third party processors now have a range of new and cost effective alternatives to implement NFC TSM solutions, without finding it necessary to outsource all of the TSM infrastructure to an existing personalization bureau or chip manufacturer.
The joint solution takes advantage of Bell ID’s market proven high volume secure element, over the air (OTA), application lifecycle and key management systems. In combination with mWallet software from TrustNorway, it will provide a complete TSM solution for NFC handsets. Through the mWallet 1.0 offering, a feature rich solution provides institutions with perfect value-added services such as merchants’ loyalty, gift and prepaid solutions with automatic redemption. Consumers can also request electronic coupons and discount offers, store them in their mWallets, and electronically redeem them at the time of purchase.
“The collaboration between TrustNorway and Bell ID is all about bringing the mobile NFC solution delivery to a mass-market position,” said Pat Curran, Executive Chairman of Bell ID. “We are pleased to integrate and be partnered with TrustNorway, the leading TSM provider for NFC TSM technologies in Northern Europe. TrustNorway’s approach as a neutral independent player in the NFC ecosystem, will prove invaluable to institutions working with us to deploy and support NFC deployment into the mass market, not only for finance but for merchants, transit/transport, identity and other sectors.”
“By combining OTA card provisioning and mWallet software with Bell ID’s well-proven card and application lifecycle management systems, we are confident the move to mainstream NFC deployment will progress smoothly,” said Lars Sandtorv, CEO of TrustNorway. “TrustNorway will develop a mWallet 2.0 to enable institutions to conduct mass rollout while keeping a high degree of control over their customers’ data and NFC mobile solutions in a secure and private way. The new mWallet 2.0, scheduled for Q1-2013 will cater to new functionality within identity management, such as access control and identity authentication. Other new areas of focus will be ticketing control, access control and parking.”
Rambus Announces Restructuring
Expects net cash savings of $30-$35 million annually
SUNNYVALE, CALIFORNIA, UNITED STATES – 08/22/2012 – Rambus Inc. (Nasdaq:RMBS), one of the world’s premier technology licensing companies, today announced a restructuring of the company. With this restructuring and related cost saving measures, Rambus expects an overall net cash savings of $30-$35 million annually. The majority of the reduction in expenses are being made in general and administrative (G&A), while the company continues to invest in strategic businesses.
“After reviewing our expenses in detail, we have concluded that the support infrastructure can be reduced to improve profitability,” said Dr. Ronald Black, Rambus chief executive officer. “While we have refined some of our R&D investments, we are preserving all of our strategic initiatives as we believe they will drive significant growth in the future.”
The reductions in expense and associated workforce will begin in the coming weeks and are expected to be completed during the fourth quarter of 2012. As a result of this action, the company will reduce its workforce by approximately 15%. Satish Rishi, Rambus chief financial officer, stated: “We expect to take a charge for severance, on a cash basis, of approximately $6 million over the next two quarters. We are also reviewing our assets, businesses, and other contractual obligations and may take additional charges by the end of the year. Excluding these charges, and including additional investment in strategic initiatives, we expect significant net cash savings of approximately $30-$35 million annually.”
As part of the restructuring, Rambus has created a new organizational structure. The company is now organized into three business units reporting to Dr. Black: (1) Memory and Interfaces, led by Kevin Donnelly; (2) Cryptography Research Inc., led by Paul Kocher; and (3) Lighting and Display Technologies, led by Jeffery Parker. The engineering design teams, Rambus Labs, and other strategic initiatives will be consolidated under Dr. Martin Scott, who will take the new role of chief technology officer. In addition, the company is pleased to introduce Jerome Nadel, who will be joining as chief marketing officer. Also reporting to Dr. Black are: Satish Rishi, chief financial officer; Laura Stark, head of Corporate Strategy; Michael Schroeder, head of human resources; and Thomas Lavelle, general counsel.
“This new organization positions us well for future growth. The addition of Jerome in the newly-created role of chief marketing officer, with his vast international experience, will be instrumental in repositioning the company and creating closer relationships with our customers,” said Dr. Black. “We’d like to thank both Sharon Holt and Christopher Pickett for their valuable contributions as they have each announced their decision to pursue non-competing opportunities outside of Rambus.”
Forward-Looking Statements
This release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995 relating to Rambus’ announced restructuring, the reduction in employees, charges, expenses, cash expenditures and cost savings, and growth strategies described above. Such forward-looking statements are based on current expectations, estimates and projections, management’s beliefs and certain assumptions made by Rambus’ management. Actual results may differ materially. Rambus’ business generally is subject to a number of risks which are described more fully in Rambus’ periodic reports filed with the Securities and Exchange Commission. Rambus undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof.
About Rambus Inc.
Founded in 1990, Rambus is one of the world’s premier technology licensing companies. As a company of inventors, Rambus focuses on the development of technologies that enrich the end-user experience of electronic systems. Its breakthrough innovations and solutions help industry-leading companies bring superior products to market. Rambus licenses both its world-class patent portfolio, as well as its family of leadership and industry-standard solutions. Rambus has offices in California, North Carolina, Ohio, India, Germany, Japan, Korea, and Taiwan. Additional information is available at www.rambus.com.
Rambus Receives Federal Circuit Decision in Patent Reexamination
SUNNYVALE, CALIFORNIA, UNITED STATES – 08/16/2012 – Rambus Inc. (Nasdaq:RMBS), one of the world’s premier technology licensing companies, today announced that the United States Court of Appeals for the Federal Circuit (Federal Circuit) has issued its decision in Rambus’s appeal of an ex parte reexamination of Rambus patent No. 6,034,918 (918).
Although the Federal Circuit has affirmed the United States Patent and Trademark Office’s (PTO) rejection of claim 18, the decision does not affect the PTO’s previous confirmation of the two other claims challenged in the reexamination. These two claims were asserted by Rambus and in a jury trial before Judge Whyte in the Northern District of California found to be infringed by SK Hynix. Claim 18 was not asserted in that patent trial.
“While we respectfully disagree with the Federal Circuit decision, we are pleased that the PTO previously confirmed the two other claims challenged in the reexamination. These two claims were amongst the ten that a jury in California found valid and infringed by SK Hynix,” said Thomas Lavelle, senior vice president and general counsel at Rambus. “We are evaluating our options for the 918 decision and remain committed to protecting the technology developed by our talented team of engineers.”
History of the case
In 2009, SK Hynix requested reexamination of claims 18, 24 and 33 of US patent number 6,034,918. The USPTO Board of Appeals and Interferences affirmed claims 24 and 33, but rejected claim 18. The only issue before the Federal Circuit in this case was Rambus’ appeal of the rejection of claim 18. Previously, SK Hynix was found to have infringed claims 24 and 33 of the ’918 patent by a jury in the Northern District of California.
About Rambus Inc.
Founded in 1990, Rambus is one of the world’s premier technology licensing companies. As a company of inventors, Rambus focuses on the development of technologies that enrich the end-user experience of electronic systems. Its breakthrough innovations and solutions help industry-leading companies bring superior products to market. Rambus licenses both its world-class patent portfolio, as well as its family of leadership and industry-standard solutions. Rambus has offices in California, North Carolina, Ohio, India, Germany, Japan, Korea, and Taiwan. Additional information is available at www.rambus.com.
Efficient sidechannel testing for public key algorithms: RSA case study
This paper proposes an approach to validate that implementations of public‐key cryptography have moderate resistance to side‐channel analysis, using RSA‐CRT as an example. The design goal of the proposed approach is to develop tests that are technically sound and repeatable, while at the same time being efficient and cost‐effective for testing labs. The approach was validated on two devices, one without countermeasures and another with some DPA countermeasures.
Download “Efficient side-channel testing for public key algorithms: RSA case study”
Rambus Appoints Charles Kissner to its Board of Directors
SUNNYVALE, CALIFORNIA, UNITED STATES – 07/30/2012 – Rambus Inc. (NASDAQ: RMBS), one of the world’s premier technology licensing companies, today announced the appointment of Mr. Charles Kissner as a director to its Board, effective July 26, 2012. Mr. Kissner is an industry veteran with extensive experience in the wireless and communications market.
“Chuck has a wealth of experience that makes him a valuable addition to our Board,” said J. Thomas Bentley, chairman of the Rambus Board of Directors. “In addition to his leadership, Chuck brings to Rambus great knowledge in the wireless and communications fields which will prove helpful as we look to expand our footprint in these areas. We’re pleased to welcome Chuck to the board.”
Mr. Kissner, who is Chairman of the Board at Aviat Networks, previously served as Aviat’s chief executive officer from June 2010 to July 2011. Prior to Aviat Networks, Mr. Kissner was Chairman and CEO of Stratex Networks, a leader in the microwave transmission market, vice president and general manager of M/A-Com, Inc., a manufacturer of radio and microwave communications products, President and CEO of Aristacom International, and executive vice-president of Fujitsu Network Switching, Inc. He also previously held a number of executive positions at AT&T (now Alcatel-Lucent). Mr. Kissner has a BS from California State Polytechnic University and an MBA from Santa Clara University.
About Rambus Inc.
Founded in 1990, Rambus is one of the world’s premier technology licensing companies. As a company of inventors, Rambus focuses on the development of technologies that enrich the end-user experience of electronic systems. Its breakthrough innovations and solutions help industry-leading companies bring superior products to market. Rambus licenses both its world-class patent portfolio, as well as its family of leadership and industry-standard solutions. Rambus has offices in California, North Carolina, Ohio, India, Germany, Japan, Korea, and Taiwan. Additional information is available at www.rambus.com.
