nCipher Partners with Jack Henry & Associates, Inc. to Provide Storage Encryption Solutions for Credit Union Industry

nCipher plc (LSE:NCH), a global leader in protecting critical enterprise data and Jack Henry & Associates Inc.® (Nasdaq:JKHY), a leading provider of integrated technology solutions and data processing services for financial institutions, today announced a partnership in which Jack Henry & Associates’ subsidiary, Symitar, will resell nCipher’s CryptoStor product as part of its solution offering. Symitar, which supplies credit unions with software systems and related services, has already deployed the nCipher CryptoStor product in a number of credit unions including Lockheed Federal Credit Union. "The CryptoStor storage encryption appliance has a proven track record with my data processing department – uncomplicated installation, extremely reliable, simple user-friendly features, and complete transparency with our daily processing and speed of backups. It’s exactly what we were looking for in an encryption device. We are so impressed with this unit we have ordered two more for our new IBM® systems. Our off-site media is now safe with this device," said Joe Gates, data processing manager of Lockheed Federal Credit Union in Burbank, California. Security regulations and compliance mandates require organizations – especially those in the financial services markets – to encrypt sensitive information throughout the entire data lifecycle including storage and back-up and recovery systems. Given the large volume of sensitive data that financial services organizations manage, these businesses must evaluate encryption solutions based on a number of criteria. The most important factors are the ease of deployment, the key management capabilities that secure data integrity and assure the on-demand access and recovery of keys, and the overall affect on network speed and performance. "As solution providers for financial institutions, we are charged with delivering technology that not only meets today’s most stringent data security and regulatory requirements, but does it in an easy-to-manage form factor with minimal performance impact and the ability to meet disaster recovery guidelines,” said Kathy Hooker Burress, president of Symitar. "nCipher’s CryptoStor allows us to offer a risk management solution that delivers unprecedented security and superior key management capabilities all in one easy-to-deploy appliance that helps minimize potential business interruptions.” "As a leading solutions provider for the financial services industry, Symitar knows first hand that its customers need an encryption and key management solution that meets compliance regulations by securing data at-rest and protecting against the loss or theft of encryption keys,” said Richard Moulds, executive vice president of Product Strategy at nCipher. "nCipher is pleased to partner with Symitar to assure that its current and future customers’ storage security requirements can be satisfied in a convenient and quickly deployed manner.” About Symitar Symitar, a division of Jack Henry & Associates, Inc., is the leading provider of integrated computer systems for credit unions of all sizes. Symitar currently serves more than 600 credit unions as a single source for integrated, enterprise-wide automation; and as a single point of contact and support. Additional information is available at www.symitar.com. About Jack Henry & Associates, Inc. Jack Henry & Associates, Inc. (Nasdaq:JKHY) is a leading provider of computer systems and ATM/debit card/ACH transaction processing services primarily for financial services organizations. Its technology solutions serve more than 8,700 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking™ supports banks ranging from de novo to mid-tier institutions with information processing solutions. Symitar is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars® provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. Additional information is available at www.jackhenry.com. About nCipher CryptoStor nCipher CryptoStor Tape is a readily deployable, high-speed tape security appliance that compresses, encrypts and digitally signs data as it goes to tape media or virtual tape - without disrupting backup processes. CryptoStor dynamically intercepts backup/restore communications between hosts and tape libraries-centrally managing and fully off-loading tape media security functions. It seamlessly integrates with widely used backup applications and incorporates comprehensive key management capabilities in a FIPS 140-2 Level 3 validated appliance, satisfying the most widely recognized security benchmark for high security cryptographic systems. About nCipher nCipher protects critical enterprise data for many of the world's most security-conscious organizations. Delivering solutions in the fields of identity management, data protection, enterprise key management and cryptographic hardware, nCipher enables businesses to identify who can access data, to protect data in transit and at rest, and to comply with the growing number of privacy-driven regulations. nCipher plc is listed on the London Stock Exchange (LSE:NCH). www.ncipher.com. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.