Masabi: Mobile phone security software wins prestigious award for innovation
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[November 14, 2007]

Masabi: Mobile phone security software wins prestigious award for innovation

(M2 PressWIRE Via Thomson Dialog NewsEdge)
RDATE:14112007

Encryption software for mobile phones which makes e-commerce much more
secure has won a prestigious global award for innovation at the IET's
annual Innovation in Engineering Awards.

London based company Masabi won the Security award for their EncryptMe
technology, the world's only certified mobile Java cryptography.

EncryptMe technology is a 3kb Java code library providing end-to-end
encryption on all Java enabled mobile phones. Masabi is supplying the
software for Chiltern Railways trial of mobile phone train tickets
using this Java security technology. Historically, mobile phones, while
a convenient device for worldwide commerce and communication, didn't
have enough memory to store the security needed. This innovation
tackles that issue.

A total of 15 awards, each sponsored by a major company, were presented
and at a ceremony at the Marriott Hotel, Grosvenor Square, Londonhosted
by TV personality and science enthusiast Johnny Ball.

The host of "Think of a Number" said: "What makes a great innovator?
Perhaps a little eccentricity, a desirefor improvement,plus vision
and the determination to see it through. All that equals the type of
projects recognised through these awards. Innovators always ask Why
can't it be better?' If it wasn't for innovation we would still have
black and white television and mono radio."

He continued: "Innovation is at the heart of business and wealth
creation. It is right that we acknowledge those who push the boundaries
of science, engineering and technology and it will be exciting to see
how the innovations awarded this year will make their mark in the
future. "

Robin McGill, CEO of the IET said: "These awards recognise the vital
role that innovation in engineering plays in the global economy. On
behalf of the IET I would like to congratulate all the winners who have
displayed outstanding innovation in their respective categories."

He added that because of the huge interest in the awards this year
details of the 2008 awards would be available immediately on the IET
web site at: www.theiet.org/innovationawards

The judges said: "EncryptMe technology is truly innovative. Small, fast
and easy to deploy and using certified algorithms, it has the potential
to have a significant impact on both users and the market."

The Security Category is sponsored by ARM.

The awards have been supported by the Department for
InnovationUniversitiesand Skills and Make Your Mark in Manufacturing &
Engineering.

Notes to Editors

Photographs

Photographs of a company representativeand Johnny Ball will be
available from the IET press office, along with contact details for
Masabi.

The IET Innovation in Engineering Awards

There are 15 categories in the 2007 awards. The categories and their
sponsors are:

Asset Management - National Grid

Built Environment - Halcrow Yolles

Electronics - Cadence

Emerging Technologies - RS Components

IT

Power - Siemens PT&D

Product Design - BT

Project Team

Robotics Control & Instrumentation - National Physical Laboratory

Security - ARM

Software in Design - The MathWorks

Start-up - Cre8 Ventures

Sustainability - ABB

Telecommunications - Orange

Transport

The aims of the IET Innovation in Engineering Awards are to recognise
and reward innovative organisations; to raise the profile and the
importance of innovation; to recognise and reward successful
innovation; and to provide an indirect method of improving business, by
providing a framework to encourage organisations to invest in
innovation.

Notes to editors:

The Institution of Engineering and Technology The Institution of
Engineering and Technology (IET) is one of the world's leading
professional societies for the engineering and technology community.
The IET has more than 150,000 members in 127 countries and has offices
in Europe, North Americaand Asia-Pacific. The Institution provides a
global knowledge network to facilitate the exchange of knowledge and
ideas and promotes the positive role of Science, Engineering and
Technology in the world.

CONTACT: SianWeaver, Media and PR, The Institution of Engineering and
Technology
Tel: +44 (0)20 7344 5443
Tel: +44 (0)7725 498116
e-mail: sweaver@theiet.org
WWW: http://www.theiet.org

((M2 Communications Ltd disclaims all liability for information
provided within M2 PressWIRE. Data supplied by named party/parties.
Further information on M2 PressWIRE can be obtained at
http://www.presswire.net on the world wide web. Inquiries to
info@m2.com)).

Copyright 2007 M2 Communications Ltd.

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