San Francisco, January. 6, 2014 – REALSEC Inc.,a global security leader in cryptographic solutions for governments, corporations and financial institutions, announced today the approval by the U.S. Federal Government of its cryptographic solutions and appliances. REALSEC has been awarded a General Service Administration (GSA) Schedule Contract to supply its crypto products to federal, state, local and tribal governments.
To obtain the GSA contract, REALSEC went through a very exhaustive screening process performed by the U.S.government. “We had to prove not only that our products meet the quality standards required, but also that REALSEC is a robust company with a healthy financial situation and excellent customer references around the globe,” said Sebastian Munoz, the CEO of REALSEC. “Most companies are not capable of fulfilling all the requirements of the U.S. Federal Government due to the size of some of their projects. REALSEC has successfully proved to be capable of carrying out large demanding projects in the past that required large volume orders to be fulfilled internationally.”
The recent authorization to provide our cryptographic product line to the U.S. government strengthen REALSEC leadership position in the security market for the public sector and federal agencies, and position the global company as a solid and trustworthy alternative in the highly competitive U.S. market, added Munoz.
“The approval will also allow REALSEC to drive the adoption of EMV smart cards – a controversial, yet unstoppable migration in the U.S. – and digital signature, currently only used by the U.S. Government, but which is beginning to reach the financial industry,” said Munoz.
With more than 12,000 banks that are required to migrate to EMV smart cards, the U.S. market represents one of the largest opportunities for REALSEC’s all-in-one proven encryption solutions, which has been used for more than 10 years in financial institutions in Europe and South America.
The digital signature market is another huge market for REALSEC, as current solutions available are focused on people individually signing documents, and were not designed for signing at a corporate or enterprise level.
REALSEC is also disrupting the current status quo with its business model, based on providing all-in-one solutions that include pre-installed and pre-integrated hardware, software and HSM, for rapid implementation and deployment, and strong ROI.
REALSEC is a global leader in secure cryptographic technologies, digital signature, PKI and secure digital timestamp solutions for the private sector, public agencies, the financial and the healthcare markets. The company’s secure solutions are tightly vertically integrated, combining hardware, software and HSM (Hardware Security Module) with in-depth technical support, maintenance and services.
REALSEC is one the few companies in the world that manufactures and markets cryptographic hardware devices (HSMs) and whose products have been granted FIPS 140-2 Level 3 (USA and Canada) and Common Criteria EAL 4+ certifications among others. With offices in USA, Europe and LATAM, REALSEC has built a strong global partner network extending its presence to over 25 countries. Our customer base includes industry leaders, governments, as well as over 100 banks worldwide.