|[May 03, 2012]
Sypris and BlackRidge Technology Form Strategic Alliance
TAMPA, Fla. --(Business Wire)--
Sypris Electronics LLC, a subsidiary of Sypris Solutions, Inc.
(Nasdaq/NM: SYPR), announced today that it has entered into a strategic
partnership with BlackRidge Technology, a supplier of Identity Aware (News - Alert)
Networking solutions. This strategic relationship will focus on
breakthroughs in identity authentication and endpoint authorization
solutions for the public and private sectors.
Sypris is a strategic provider of information assurance, cyber security
and secure data management solutions to the U.S. Government. The Company
is focusing on innovations to further secure networks with advancements
such as hardware-based root-of-trust and identity management. Sypris
will integrate BlackRidge's patented Transport Access Control (TAC)
technology with a new identity authentication system and key management
architecture that is targeted for availability in late 2012.
BlackRidge's TAC allows Identity to be communicated and interpreted
within the network fabric itself, enabling strong authentication,
authorization and Identity-based network policy enforcement. TAC,
combined with Sypris' high assurance key management and endpoint
authentication technology, will create a secureand robust network
"Sypris' core business is security. For nearly half of a century, we
have been securing the most sensitive data and networks in the world; to
this extent, we are consistently and continuously assessing new, robust
technologies for infusion into our current product portfolio," stated
John Walsh, President of Sypris Electronics. "BlackRidge will provide a
true next generation layer of protection to Sypris' military-hardened
key management solution, further broadening our offerings across
multiple cyber platforms."
"BlackRidge is thrilled to be working with Sypris Electronics on
integrating our TAC technology within the Sypris key management
framework," said Bob Graham, Chairman and CEO of BlackRidge Technology.
"We believe the combined solution will give government customers an
unparalleled level of protection."
BlackRidge Technology is on a mission to transform networking through
the use of Identity Aware technologies. BlackRidge is a provider of
innovative Identity based cyber security solutions to public sector,
defense and enterprise customers. BlackRidge is a privately funded
Sypris Electronics is a world-class, integrated systems solutions and
cyber security provider. Our ruggedized information assurance products,
defense network analysis (DNA), advanced cyber security services and
complete electronic manufacturing capabilities are aligned to provide
our customers the best people, processes and technologies to continually
exceed expectations. With over 45 years of global experience, Sypris
Electronics is proud to develop, manufacture and integrate leading
technologies into mission critical electronics systems that secure the
interests of our global partners. Visit www.sypriselectronics.com
for additional company information.
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