SYG synergy equities group limited

smx to be submitted for dsd certification

  1. 30 Posts.
    Announcement released 11/09/2008

    SMX TO BE SUBMITTED FOR DEFENCE SIGNALS DIRECTORATE CERTIFICATION

    In the mid 1990s the Defence Signals Directorate (DSD) (the Australian national agency responsible for the collection, analysis and distribution of foreign signals intelligence, and also the national authority on communications and computer security) established the Australasian Information Security Evaluation Program (AISEP) to facilitate IT (information technology) security evaluations within Australasia and to meet the need to establish confidence in IT security products for the Australian and New Zealand governments.

    Under the DSD guidelines, IT products are evaluated against the requirements of the Common Criteria for Information Technology Security Evaluation (Common Criteria), which is an international standard for computer security. There is a mutual recognition agreement in place known as the Common Criteria Recognition Arrangement (CCRA), where each party recognises evaluations against the standard completed by participating nations, meaning that successfully evaluated products can be marketed as meeting Government policy requirements in the 25 CCRA participating nations which include Singapore, Malaysia, South Korea, Japan and New Zealand.

    Synergy Equities Group Limited (“SYNERGY”, ASX : SYG) advises that its wholly owned subsidiary Data-inCrypt® has now actively commenced the process of submitting SMX secure registered email for evaluation under AISEP. It is currently applying due diligence to the three Australasian Information Security Evaluation Facilities (AISEFs), being IT security testing laboratories that are accredited to conduct security evaluations for conformance to the Common Criteria. Once due diligence is completed, Data-inCrypt
    ® will work with its chosen AISEF to navigate the evaluation process.

    The benefits to SYNERGY shareholders resulting from a successful evaluation of SMX under AISEP will be substantial. A successful outcome to this significant undertaking will immediately raise SMX alongside products from the likes of Microsoft, Cisco, Oracle, Sun and Citrix as being suitable for use by Government agencies in Australia, New Zealand, Singapore, Malaysia, South Korea, Japan and the other CCRA participating nations.

    The credibility and exposure that SMX will gain upon completion of this evaluation process cannot be understated. SYNERGY looks forward to keeping the market informed.


    Yours faithfully




    Ronald Moir
    Managing Director
    SYNERGY EQUITIES GROUP LIMITED
 
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