We're excited to be recognized by Frost & Sullivan with the 2019 North American Product Leadership Award for our ioTrust IoT security solution. The award-winning solution builds on our decades of expertise in cryptography, embedded systems and infrastructures to deliver optimum security for IoT devices, applications, and systems.

Each year, Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality that is gaining rapid market acceptance. The award recognizes the solution's quality and the customer value enhancements it enables.

Vikrant Gandhi, Industry Director at Frost & Sullivan, said of selecting Entrust Datacard:

"Entrust Datacard is among a small group of companies with the scale, sophistication, systems, and expertise needed to deliver end-to-end security in IoT …the company's focus on deriving greater synergies between its core public key infrastructure (PKI) team and IoT cybersecurity team will significantly improve its market position and growth opportunities. Overall, Entrust Datatacard's innovative product, future readiness, and strategic acquisitions will ensure sustained growth in the future."

The ioTrust solution is designed to address emerging cybersecurity needs in IoT. We'll provide future support for code signing services for IoT firmware and application updates, building on our acquisition of Safelayer Secure Communications S.A to augment our capabilities in digital signing services. In addition, we will enhance edge ID services featuring distributed issuance and management models for micro-services cybersecurity. Our June 2019 acquisition of nCipher Security's general purpose HSM business will enable us to support high-assurance use cases based on a range of next-generation digital transformation tools, such as IoT, virtual payments, and blockchain/distributed ledger technologies (DLT).

The Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

Learn how Entrust Datacard is addressing — and leading — the future of IoT cybersecurity from the full report from Frost & Sullivan: https://bit.ly/2SNWfPa.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, collaborates with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, Frost & Sullivan has been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community.