Leuven, Belgium – February 23, 2011 – Option (EURONEXT: OPTI; OTC: OPNVY), the wireless technology company, and KOBIL Systems GmbH, a market-leading manufacturer of security solutions, today announced that they will demonstrate the new and unique security solution, mIDentity 3G for the first time at CeBIT, held in Hannover, Germany March 1 – 5. This demonstration is an important step in the joint development project of both companies. Commercial pilot projects are on schedule to be launched during Q2 2011. 

Last year the European companies Option and KOBIL engaged in a strategic partnership to combine KOBIL’s mIDentity security solution with Option’s 3G modem and connectivity software. The result is mIDentity 3G, a unique combination of authentication, hardware encrypted storage, zero footprint application container and secure mobile communications in a single, compact USB device backed up by a complete management infrastructure. mIDentity 3G allows highly secure deployment of and access to secure portal, virtual desktop and document signing solutions for banks, governments and enterprises. It allows verification and trust of user, application and network in a single, convenient product.

The user simply needs to insert mIDentity 3G into a computer to get access to a fully secured and centrally managed application. No administration rights are required and nothing is installed on the PC. When the product is removed, no trace of the activity is left. This allows the user to work with highly sensitive information without having to worry about security. At CeBIT the mIDentity 3G will be demonstrated in a scenario showing secure access to a banking portal.

Martin Croome, VP Marketing at Option, comments: “Option’s partnership with Kobil is part of the Company’s strategy to become active in the mobile security market. We have been working closely with KOBIL on this project and this ‘first time demonstration’ is an important milestone as we near our first commercial pilot projects. At CeBIT financial institutions and enterprises can discover our unique and secure solution.”

Umit Usta, Chief Marketing Officer at KOBIL, comments: “Our proven mIDentity technology now has 3G connectivity for additional convenience, advanced management and a new layer of security.” 

Visitors to CeBIT can see a live demo of mIDentity 3G at the Kobil Systems booth, Hall 11, Stand D63.