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Economical Insurance Group licenses P-Synch Password Management System

March 12, 2002
Calgary, Canada

Company will synchronize passwords on diverse systems

M-Tech Mercury Information Technology, Inc. today announced that The Economical Insurance Group has purchased an enterprise license for the P-Synch total password management system.

Economical initially required password synchronization for OS390 (RACF), LDAP (Secureway), Oracle - ERP systems, and will add AIX, Novell Netware, WinNT, Lotus Notes, and CGI's GIOS application.

The company will realize significant cost savings and enhanced security through the quick deployment of P-Synch's self-service modules, including password resets, Q&A profile manager, alternate login ID profile manager, and token management.

"We are very pleased to have been selected by Economical Insurance for password management." said Idan Shoham, M-Tech's CTO. "P-Synch's implementation at Economical illustrates the fact that a password management program will not only save time and money by virtually eliminating password-related problems, but will also protect and enhance existing network security."

About Economical

The Economical Insurance Group is one of the largest property and casualty insurers in Canada with $1 billion in premium volume and $2.1 billion in assets. The Canadian-owned company, founded in Berlin (now Kitchener) Ontario in 1871, serves customers' needs through branches and service offices across the country. Members of The Group are Economical Mutual Insurance Company (including the Western General Farm Division), Langdon Insurance Company, Waterloo Insurance Company, Perth Insurance Company, The Missisquoi Insurance Company and Federation Insurance Company of Canada.

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