Statement re Investee strategic partnership

7 September 2016

Tern Plc
("Tern")

Developments at Device Authority Ltd

The directors of Tern plc, the company specialising in the cloud and Internet of Things ("IoT") sectors, are delighted to announce that its subsidiary, Device Authority, a global leader in policy and device-driven security for IoT and a Gartner Cool Vendor 2016, is today announcing a strategic partnership with DigiCert, a leading global provider of trusted identity and authentication solutions, to provide enhanced device provisioning and credential management for the IoT. The partnership helps expand and enable the range and type of IoT devices that can be secured with encryption, authentication and credential management.

Managed PKI (Public Key Infrastructure) services from DigiCert have revolutionised the cost and complexity of digital certificate infrastructure. These services now include support for smaller, lightweight, IoT devices. DigiCert's systems are highly scalable and reliable, with the ability to provide support for billions of active certificates. DigiCert already provides large-scale, certificate-based IoT implementations for healthcare, industrial and other critical infrastructure organisations.

To address the challenges of securing, deploying and managing PKI at IoT scale, Device Authority's Secure Credential Management solution directly integrates with DigiCert to securely automate device certificate provisioning for low-computing devices. Dynamic key generation and data-centric encryption are integrated with DigiCert certificates to ensure that credentials are securely and efficiently delivered and rotated to authorised devices, preventing the use of stolen credentials and unauthorised devices.

Device Authority and DigiCert's combined solutions will enable certificate deployment and management at scale through:

• Secure Certificate Generation & Delivery
• Automated Certificate Renewal
• Automated Certificate Revocation
• Encrypted Certificate Store

DigiCert CTO, Dan Timpson, said:

"We're pleased to partner with Device Authority to align our complementary solutions in a way that provides additional value to our customers. Through this partnership, we will be able to enhance our current IoT device authentication, encryption and message integrity solutions and extend the appropriate level of PKI to more devices with limited compute power."

The process of introducing and onboarding devices into an IoT application must be securely controlled while meeting the specific requirements of each IoT environment. Device Authority's patented device key generation and registration controls provide a highly secure, policy-driven trust anchor for onboarding and provisioning devices.

Enquiries:

Tern plc	Tel: [phone]
Angus Forrest
WH Ireland NOMAD and Broker	Tel: [phone]
John Wakefield / Ed Allsopp
Peterhouse Corporate Finance (Joint broker)	Tel: [phone]
Lucy Williams / Duncan Vasey

About Device Authority
Device Authority provides simple, innovative solutions to address the challenges of securing the Internet of Things (IoT). We help our customers simplify the process of establishing a robust, end-to-end security architecture within the IoT and deliver efficiencies at scale through security automation. The Device Authority IoT security platform is purpose-built to address these challenges through automated device provisioning, credential management, secure updates and policy-driven data encryption. With offices in Fremont, California and Bracknell, UK, Device Authority partners with the leading IoT ecosystem providers, including ThingWorx, Symantec and Intel. Keep updated by visiting www.deviceauthority.com and following @DeviceAuthority on Twitter.

About DigiCert, Inc.
DigiCert is a premier, trusted provider of enterprise security solutions with an emphasis on authentication and encryption via managed PKI and high-assurance digital certificates for the web and the Internet of Things. Headquartered in Lehi, Utah, DigiCert is trusted by more than 115,000 of the world's leading government, finance, healthcare, education, and Fortune 500® organizations. DigiCert has been recognized with dozens of awards for providing enhanced customer value, premium customer service, and market growth leadership. For the latest DigiCert news and updates, visit digicert.com or follow @digicert.

About Tern
Tern Plc acquires and invests in privately owned companies with self-owned IP, established products and customer bases. Its investment strategy is focused on taking an active role in its investee companies in order to improve the business model, accelerate growth, expand the business globally, and identify exit opportunities.  (www.ternplc.com)

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Source: Tern Plc via Globenewswire