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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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