Tern Plc : Product Launch

Tern Plc
("the Company" or "Tern")

Cryptosoft launches new product

Tern Plc, the AIM quoted technology investor specialising in the cloud and mobile sectors, is pleased to provide an update on its data security company Cryptosoft Ltd ("Cryptosoft").

Cryptosoft, the leader in policy driven data authentication and encryption services for connected Internet of Things ("IoT") and Machine to Machine ("M2M") devices,  today announces a new software release, V3.0 which is available immediately.

This new release of the Cryptosoft Data Centric Security Platform brings a host of new features, enhanced scalability, improved management facilities and the introduction of gateway agent functionality to provide users with enhanced data processing capabilities.

"V3.0 is an important release for Cryptosoft users," says Jon Penney, Cryptosoft CTO.  "Particularly exciting is the new ability to extend Cryptosoft's policy-driven security functionality to Hypertext Transfer Protocol (HTTP). This new agent enables customers to deploy centrally managed, transparent encryption services for their IoT devices to protect sensitive data streams, without any changes to existing applications. This is a revolutionary advance for securing IoT and M2M deployments and we are not aware of any other existing products that currently offer these capabilities."

"To improve scalability and load management, the Cryptosoft platform now supports the use of the PostgreSQL database service as a backend data provider for the keys, policies, logs, etc. The use of PostgreSQL introduces great improvements to the speed, and overall usability of the platform, in larger deployments."

About Cryptosoft

Cryptosoft is building trust in the IoT and M2M by simplifying the processes that a user needs for a robust, scalable and easy to use encryption service. The Cryptosoft platform provides users with the capability to secure their most important asset: their data, as it moves from device to device and in storage.

Cryptosoft's distributed agent architecture dramatically simplifies and reduces the costs associated with solving data security challenges.  Cryptosoft directly addresses the challenge of securing information within an increasingly connected world to ensure integrity, privacy and compliance.  This is done without disrupting existing workflows or re-coding existing applications using a standards based platform that delivers immediate value. (www.cryptosoft.com)

About Tern

Tern Plc acquires and invests in privately owned companies with their own IP, established products and customer bases. Its investment strategy is focused on taking an active role in its investee companies in order to create value by improving the business model, accelerating growth, expanding the business globally, and identifying exit opportunities.

Enquiries:

Tern plc	Tel: [phone]
Angus Forrest
Cryptosoft Limited Darron Antill CEO	Tel: [phone]
WH Ireland NOMAD and Broker	Tel: [phone]
John Wakefield
Peterhouse Corporate Finance (Joint broker)	Tel. [phone]
Lucy Williams / Duncan Vasey

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Source: Tern Plc via Globenewswire

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