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Kony and VASCO Form Alliance to Offer a Higher Level of Security for Mobile Applications

ORLANDO, Fla.–(BUSINESS WIRE)–

Kony
Solutions
, the leading mobile application platform provider, today
announced it has formed an alliance with VASCO Data Security
International, Inc. (Nasdaq: VDSI – News) to integrate VASCO’s DIGIPASS
SDKstrong user authentication into Kony’s mobile application development
platform. The joint Kony-VASCO solution has already been deployed by
leading global financial institutions.

Kony is the industry’s leading mobile application platform provider,
with more than 60 of the Fortune 500 among its customers.

VASCO is a world leader in strong authentication and e-signature
solutions, specializing in online accounts, identities and transactions.

“We take mobile security very seriously. VASCO’s technology allows us to
offer a cost-effective and user-friendly solution to secure all mobile
channels,” said David Eads, VP General Manager of Kony’s Financial
Services Division. “With our joint offering, customers have continuous
protection against online security threats, as well as the broadest,
deepest, most future-proof mobile application platform on the market.”

“We are glad to announce this alliance between VASCO and Kony. Both
parties acknowledge the growing importance of mobile devices and their
capabilities,” says Jan Valcke, President and COO at VASCO Data
Security. “We are enhancing both our portfolios with innovative and
leading solutions. Together with Kony, we are building a secure mobile
environment.”

Kony’s flagship product is its KonyOne mobile enterprise application
platform, which supports both business to consumer (B2C) and business to
employee (B2E) applications; Kony’s “Write Once, Run Everywhere”
technology enables developers to deploy applications across more than
9,000 mobile smartphones/tablets/kiosks and operating systems from a
single codebase. Changes and upgrades can then be handled rapidly,
without the need for rebuilding or republishing the mobile apps.

All Kony applications can be delivered in native and mobile web (HTML5
and non-HTML5) and Kony is the only vendor to offer Service Level
Agreements (SLAs) for support of new operating systems, form factors,
and devices, thereby enabling enterprises to stay ahead of the mobile
technology curve.

About VASCO

VASCO is a world leader in strong authentication and e-signature
solutions, specializing in online accounts, identities and transactions.
As a global software company, VASCO serves a customer base of
approximately 10,000 companies in over 100 countries, including more
than 1,700 international financial institutions. In addition to the
financial sector, VASCO’s technologies secure sensitive information and
transactions for the enterprise security, e-commerce and e-government
industries. www.vasco.com

About Kony Solutions

Kony is the industry’s leading mobile application platform provider,
with more than 60 of the Fortune 500 among its customers.

Kony enables companies to provide innovative mobile solutions on every
mobile device. Leveraging the KonyOne Platform, an application is
defined just once, and deployed across more than 9,000 devices, 7
operating systems and multiple channels, including native, HTML5 and
mobile web, hybrid, mixed-mode, social media, SMS/MMS, kiosks, desktop
and tablet applications. KonyOne provides a universal framework that
ensures the best user experience by optimizing all native capabilities
for each device operating system and browser. Given the market’s rapid
rate of device and platform upgrades, Kony future proofs applications
against OS and browser updates, providing SLAs guaranteeing timely
support of the newest operating systems and devices. Leading global
brands have built B2C and B2E applications with KonyOne, including
Hotwire, Huntington Bank, Hyatt, Toyota and Capital One.

In 2011 Kony was positioned as a “Visionary” in the Gartner Magic
Quadrant for Mobile Consumer Application Platforms (MCAP) report. Kony
has been named a Gartner Cool Vendor, a ‘Most Innovative Company of the
Year’ by the American Business Awards and was chosen as one of Fast
Company’s
100 innovative Apple-affiliated achievers.

For more information, please visit www.kony.com.
Connect with Kony on Twitter,
Facebook
and LinkedIn.

Kony Solutions
Jill Shanks, 650-759-5164

Article source: http://finance.yahoo.com/news/kony-vasco-form-alliance-offer-180000292.html

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