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VISA SELECTS VENTUS NETWORKS FOR SECURE WIRELESS SERVICES


NORWALK, CT, October 4, 2005 - VISA has signed a multi-year agreement with Ventus Networks to provide wireless financial transaction routing technology and network management as part of their emerging products and services.

VISA has selected Ventus Networks to provide their customers with secure and reliable wireless connectivity to drive remote financial devices as well as monitoring and maintenance management services.  Ventus' highly secured transport solution is recognized as falling within the VISA guidelines for CISP compliance.

Ventus Networks high-speed wireless transport solution operates in conjunction with TCP/IP and legacy protocols, enabling any remote device to communicate through a single network scheme. Ventus Networks used their proprietary VFN wireless series routers and network management services in conjunction with SecureNet software enabling operation in all CDMA or GPRS environments.

The company's wireless network runs as part of a virtual private network (VPN) that is enhanced by Triple DES encryption with IPsec tunneling and x .509 key exchange through their secure data center to a host or transaction processor.  This provides improved security for ATM/POS, or transactional kiosk devices.

"We are committed to providing VISA with our exceptional Wireless Transaction Routing managed solution," said Keith Charette, Ventus Networks President and CEO. "It is exciting to be partnered with such a well known brand in the ATM/POS industry. We are pleased that VISA recognizes the commitment, value-add, and security features that differentiates Ventus Networks as a single source solution."

About Ventus Networks

Ventus Networks, headquartered in Connecticut, is a full-service end-to-end managed global communications provider that specializes in designing, implementing, and managing private networks.  Ventus Networks secure fixed line and wireless data networks are designed for the transportation of sensitive financial oriented data and are capable of operating in a wide variety of accepted communication protocols.  For more information regarding Ventus Networks and our suite of services including wireless financial transaction routing please call (800)736-8720.
 

About VISA U.S.A.

Visa is the world's leading payment brand largest consumer payment system, enabling banks to provide their consumer and merchant customers with a wide variety of payment alternatives.  Nearly 21,000 financial institutions worldwide rely on Visa's processing system, VisaNet, to facilitate $2.5 trillion in annual transaction volume with virtually 100 percent reliability.  Consumers in more than 150 countries carry more that on billion Visa-branded cards, accepted at millions of locations worldwide.  Within the U.S., nearly 14,000 financial institutions issue 396 million VISA cards, accounting for more than $1 trillion in annual transaction volume.  Visa offers a trusted, reliable and convenient way to access and mobilize financial resources - anytime, anywhere, anyway.  For more information about Visa, please visit www.visa.com.


Media Contact

Lynda Barton, Ventus Networks, (203) 642-2714, l.barton@ventusnetworks.com





 

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