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M-Tech Announces Major P-Synch 6.0 Enterprise Licenses

July 31, 2001
Calgary, Canada

M-Tech Mercury Information Technology Inc., provider of P-Synch, the Total Password Management Solution, has completed several new enterprise license agreements in the last few weeks with Fortune 500 companies.

The newest companies to select P-Synch's innovative technology for enterprise deployment include:

In total, more than 120,000 users within the above corporations will use P-Synch.

"We are very pleased with the recent selection of P-Synch by Kimberly-Clark, Bristol-Myers Squibb, AT&T Wireless, and several other major enterprises for password management," said Gideon Shoham, M-Tech CEO. "P-Synch is consistently selected by the vertical industry leaders with challenging technical and deployment requirements. These organizations select software products after a thorough review of all applicable vendor solutions."

Mr. Shoham added that the above sales offered an opportunity to deploy the newly released P-Synch 6.0. "P-Synch 6.0 widens M-Tech's technology lead beyond any other solution currently available world wide," he said. Some of the many new innovative features included in the P-Synch 6.0 are:

Alan Donenfeld, M-Tech Director of Sales, noted that P-Synch 6.0 is easy to deploy. "Even very large companies are seeing 100% guaranteed production deployments, with complete roll-out to end-users, in as little as 20 business days."

About M-Tech

M-Tech is a computer security products company. The M-Tech identity management suite streamlines both password management and account provisioning, in addition to improving user self-service, and reducing user support costs. Hitachi ID Password Manager (formerly P-Synch) and Hitachi ID Identity Manager improve the security of network systems and lower their operating costs. The M-Tech client list includes top Fortune-500 companies such as Ford Motor Company, Sears Roebuck, AT&T Wireless, Bristol-Myers Squibb, and many more. For more information, please visit: Hitachi-ID.com

About P-Synch

P-Synch supports effective security through extensive encryption and strong authentication, using tokens, biometrics and an open architecture as well as inexpensive, built-in Q&A user profile builders. This makes it suitable for large-scale corporate users and e-Commerce deployment.

Some of P-Synch's unique features include:

M-Tech is currently developing a line of complementary products that will manage login IDs and directories. ID-Synch, a system for simplifying multi-system user account management is currently available for testing.

For more information about P-Synch, visit Hitachi-ID.com/password-manager