SecureKey Technologies Inc. Wins ACT Canada 2009 Canadian Innovation Award

TORONTO, June 23 /CNW/ - SecureKey Technologies Inc., a provider of
next generation authentication solutions, has been awarded the ACT
Canada 2009 Canadian Innovation Award in Banking and Finance.

"It is extremely gratifying to be recognized by ACT Canada given the
organization's 20 year history of promoting the awareness,
understanding and use of advanced card technologies" says Greg
Wolfond, Chairman and CEO of SecureKey.

SecureKey's solution enables online service providers to accept
contactless cards or NFC devices as a second factor of authentication
by their customers to increase the security and convenience of
transacting online.

"The ability to leverage all forms of CHIP cards carried by customers
as a strong second factor of authentication will significantly thwart
online fraud. This is the most innovative solution I've seen in a long
time" says Catherine Johnston, President and CEO of ACT Canada.

While contactless technology was initially implemented in credit and
debit cards to facilitate small, in-person retail purchases,
SecureKey's solution leverages these same cards to provide stronger
authentication for online financial services, online payments and
network access.

About SecureKey Technologies Inc.

SecureKey Technologies Inc. is a privately held company based in
Toronto, Canada. SecureKey's innovative, patent-pending authentication
technology enables service providers to enhance their clients' online
experience while seamlessly increasing security and reducing fraud.

About ACT Canada

ACT Canada is the stakeholder association, focussed on secure payment,
secure identity management and other advanced applications. Now in
their 20th year, they are the authority on the Canadian market,
supporting members through working with key stakeholders.

ACT Canada helps members understand the market, public and private
sector applications and potential barriers. They facilitate knowledge
transfer and thought leadership through a neutral forum, while
expanding members' networks. Founded in 1989, ACT Canada is a
non-profit membership association.

For further information: Greg Wolfond, Info@SecurKey.com, (416) 226-4220

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