FUSIONPIPE Stock

Vancouver developer of password-less authentication data security systems for enterprise FusionPipe has signed a value-added reseller agreement with Panasonic to sell and support FusionPipe's patented QuikID authentication solutions to its European customers, prospects and distribution network. FusionPipe's QuikID is a password-less authentication system, engineered to improve end-user authentication, locking and unlocking ruggedized PCs, laptops, tablets and VPN networks, while optimizing end-user convenience without compromising data security. Ruggedized laptops or tablets are frequently used by mobile field workers, first responders and law enforcement officers. Under the agreement, Panasonic will have distribution rights to market, sell and support FusionPipe's QuikID product suite to its Enterprise customers and to prospects, through the company's sales force and within its existing line of distribution channels across the European Economic Area, Switzerland and Turkey, as part of Panasonic's ProServices range of offerings. "We are honored and excited to have Panasonic become one of our major Value Added Resellers for our groundbreaking authentication technology," said FusionPipe CEO & Chairman David Snell. "As the titan in the ruggedized device marketplace, their vision, market strategy and growing user base for their popular devices is key to the success of our mutually advantageous business partnership." QuikID eliminates the need for usernames and passwords, tokens, smartcards, OTP (one time passwords) and USB keys, increasing work force productivity so that people don't have to waste time on authentication, while also maintaining data and network security. Instead of employees in the field or in the office having to rely on dongles, hardware tokens, physical smart cards, OTPs or remembering complex passwords, QuikID lets employees use a smartphone or wearable device to securely lock and unlock their workstation, computer or virtual desktop using proximity-based secure authentication. Current methods of workplace security access are also insecure, in that dongles and smart cards can be lost or stolen, whereas passwords can simply be hacked. "I have been working with the FusionPipe team since I first met them at Mobile World Congress 2015 to evaluate QuikID's technical merits, security provisions and the potential of their authentication technology," said John Harris, Head of Engineering at Panasonic Computer Products Solutions. "I have not only been impressed with the FusionPipe team and their technology, but also the opportunity that this innovative solution brings to our existing customer base, prospects and distribution channel." The European branch of Panasonic Systems Communications Company, PSCEU, is the global B2B division of Panasonic, which offers products including PBX telephone switches, document printers, professional cameras, projectors, large visual displays, rugged mobile PCs and fire alarms solutions. PSCEU has a staff of around 400, comprised of engineering design specialists and global project management teams, working as part of Panasonic's European partner network. In May, FusionPipe developed an application for Thalmic Labs’ Myo armband as part of a six-month collaboration with students from UBC’s Electrical Engineering and Computer Engineering department to provides a hands-free method for physicians and healthcare professionals to use mobile devices without touching them. https://www.youtube.com/watch?vl5a_xqQp_9E

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FusionPipe signs reseller agreement with Panasonic to access European market

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