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Yubico Presents the YubiKey NEO Featuring NFC and Security Technology From NXP

PALO ALTO, CA -- (Marketwire) -- 11/06/12 -- Yubico, the strong authentication innovator, today announced the production launch of the YubiKey NEO. This new authentication token, developed by the request of a leading online service provider, features Near Field Communications (NFC) technology, asymmetric cryptography support and superior mobile security with a single tap. Yubico will present the production version of the YubiKey NEO in collaboration with NXP, the worldwide leader in Authentication and NFC technology, at CARTES, November 6-8, in Paris.

"To meet the growing market demand for high security PKI-based encryption and mobile access, we are pleased to launch the YubiKey NEO which uniquely combines the simplicity of our driverless One-Time Password and USB authentication technology with the superior security of PKI encryption, as well as wireless connectivity for mobile devices," said Stina Ehrensvard, CEO and founder, Yubico. "This next generation, premium YubiKey is empowered with NXP state-of-the-art security technology and Common Criteria certified bank grade authentication ICs."

"Password-based online authentication does not deliver enough security for cloud services. Hardware-based strong authentication technology is necessary to protect identities and privacy, not just in Cloud Services but all areas of cyber security applications," says Sami Nassar, general manager, authentication product line at NXP Semiconductors. "NXP already provides security for hundreds of millions of people using smart card-based bank cards, electronic passports and NFC-enabled phones and we are glad that the YubiKey NEO leverages our proven hardware-based security technology."

Combining a hardware token in addition to a Smartphone is critical for true strong security and mitigates the risk of mobile malware. The rugged YubiKey NEO fits conveniently on a keychain. When the device is tapped on a NFC-enabled Smartphone, the phone reads a securely encrypted one-time password emitted by the YubiKey NEO -- with no additional client software needed. The YubiKey NEO features a secure element based on NXP's SmartMX security technology and may also be used with asymmetric encryption. The YubiKey NEO may be used as a CCID compliant USB token, enabling easy integration for systems integrators and third-party PKI applications.

The YubiKey NEO has been successfully piloted since the beginning of this year, with more than 100,000 units ordered by customers. The product will be demonstrated at the NXP booth at CARTES, November 6-8, 2012. The YubiKey NEO may be ordered on the Yubico web store for $50 U.S. List in single quantities, with a planned shipping date of December 10.

Read more at yubico.com/yubikey-neo

About Yubico
Yubico is the leading authentication innovator, providing online identity protection with unmatched ease of use. The company's flagship product, the YubiKey®, uniquely combines driverless USB hardware with NFC and open source software. More than a million users in 100 countries rely on the YubiKey strong two-factor authentication for securing access to networks, computers and online services. Customers range from individual Internet users to e-governments and Fortune 500 companies. Founded in 2007, Yubico is privately held with offices in California, Sweden and UK. For more information, please visit yubico.com.

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Yubico

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Dan Chmielewski
Madison Alexander PR, Inc.
+1 (714) 832 0876
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Global:
Evelina Ander
Yubico
+46 (8) 501 642 48
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