TriCipher Joins P&H Storefront Program Adding Additional Authentication Flexibility

Newton, Mass. (February 14, 2006) – P&H Solutions, the leader in providing business banking solutions to Financial Institutions throughout North America, announced today that TriCipher, Inc. (http://www.tricipher.com), a leading provider of future proof risk based authentication solutions, has joined P&H’s Storefront  program to extend the already robust Enterprise Business Banking security model with additional flexibility. P&H’s Storefront program provides customers with pre-integrated, value-added solutions that leverage investments in Web Cash Manager and speed time-to-market. This strategic partnership with TriCipher will provide financial institutions with an unparalleled level of flexibility related to security and authentication.

"We recognize that the combination of the industry’s most robust entitlements engine coupled with multiple security and authentication options can be a real competitive differentiator for our customers,” said Ralph Dangelmaier, President and CEO of P&H Solutions. “The flexibility of the TriCipher Authentication Ladder, combined with the versatility of our  entitlements structure means that financial institutions can now leverage the power of our Enterprise Business Banking Product and scale the security and authentication solution to the target market – from the small home office user to the large corporate user base.  Solutions can be developed to address all of a bank’s customers or can be targeted to specific ones based on a variety of criteria. These capabilities are unmatched in the industry.”

Financial Institutions will now have the ability to entitle a multitude of security and authentication structures at various points within the P&H Solutions Enterprise Business Banking Product -- at initial application logon and at two additional critical areas:  ACH Batch Release and Wire Release.

  “P&H and TriCipher share a common goal to create a single platform with the flexibility to create unique products and services,” said Ravi Ganesan, CEO of TriCipher, Inc. “Our industry leading multifactor authentication solution extends the already robust capabilities of P&H Web Cash Manager across a broad user base by providing a flexible set of strong authentication options that P&H customers can choose from based on their specific business needs.  We are excited to work with the leading provider of business banking solutions to the financial services industry and as a member of its Storefront Program, look forward to ensure P & H’s Enterprise Business Banking security model continues to set the bar for the industry.”

P&H’s Professional Services organization is ready to partner with financial institutions to help them define their major business drivers for P&H Web Cash Manager. They can also help identify key security and authentication drivers that will determine the best combination of TriCipher multi-factor authentication tools and Web Cash Manager entitlements for each of a bank’s market segments.

About P&H Solutions Web Cash Manager Suite

The P&H Solutions Web Cash Manager Suite is the industry-leading web-based business banking system, and can be deployed through an in-house environment or by using the P&H Solutions Outsource Solution Center.  It allows financial institutions of all sizes to uniquely package products and services for different markets, or even individual customers, from a single flexible platform.  Financial institutions can choose from over 90 different modules designed for the Small Office/Home Office (SOHO) client up through the largest corporate client.  The P&H Solutions’ Enterprise Business Banking Product also provides an infrastructure for integrating other products and services offered by financial institutions.

About P&H Solutions

Since its founding in 1983, P&H Solutions, a FinTech 100 company, has continually focused on the needs of financial institutions and their customers, with a strong commitment to helping financial institutions meet their strategic business banking objectives by delivering the most robust application suite in the industry.  With over 150 financial institutions in production with its Web Cash Manager Suite, P&H Solutions is the market leader in adding demonstrative value to the business banking relationship.  Leading industry analyst firms have consistently ranked P&H Solutions as the number one cash management vendor and among the top providers of small business banking solutions.

P&H Solutions’ customers include AmSouth, Bank of Hawaii, Citibank, City National Bank, J.P. Morgan Chase, Merrill Lynch, Old National, PNC, Sovereign Bank, and Wells Fargo, as well as hundreds of credit unions, community banks, savings banks, and regional financial institutions.  P&H Solutions is headquartered in Newton, Massachusetts, with offices throughout the United States.  Additional information can be found at www.ph.com or by calling 617-796-7700.

About TriCipher, Inc.

TriCipher, Inc. provides Future Proof Risk Based Authentication. The TriCipher Armored Credential System™ (TACS) is the first authentication system   that enables companies to deploy and manage multiple types of credentials from a single infrastructure.  Through this flexible "Authentication Ladder," TriCipher delivers future proof security - protecting your investment by enabling authentication strength to adjust in response to new threats and regulatory changes without the need to implement a new infrastructure.   In addition, TriCipher delivers risk based authentication - preventing online fraud through seamless integration with fraud detection systems, secondary authentication systems and the ability to enforce security software presence checks for malware protection. Founded in 2000, TriCipher is headquartered in San Mateo, California. The company was incubated as NSD Security before launching as a separate entity in 2005 with backing from ArrowPath Venture Capital, Intel Capital, Trident Capital, and Wasatch Venture Partners.

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P&H Solutions and Web Cash Manager Suite are trademarks of P&H Solutions, Inc.

For more information, contact:

Elizabeth Safran
Trainer Communications
elizabeth@trainercomm.com 
(408) 920-0585

Bill Dorfman
Parallax LLC for P&H
bdorfman@parallaxlic.com
(718) 235-3424