Cryptography Research Inc. and Visa Inc. Settle Legal Dispute

Tue Sep 23, 2008 8:01am EDT

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Agreement Settles All Existing Claims Between the Two Companies
SAN FRANCISCO--(Business Wire)--
Cryptography Research, Inc. today announced that it has signed a
definitive agreement settling its litigation against Visa, Inc.
(NYSE:V), under which Visa will become a licensee of Cryptography
Research's patent portfolio covering countermeasures to Differential
Power Analysis (DPA). The license fee and other settlement terms are
confidential per the agreement.

   "We are happy to add the world's largest payment system to our
growing list of DPA licensees," said Paul Kocher, president and chief
scientist at Cryptography Research. "Following the recent
announcements of signed agreements with Infineon and Renesas, it is
clear that the major players at all levels of the smart card industry
are recognizing the value and importance of CRI's DPA technology and
the strength of our intellectual property in the area of
tamper-resistant semiconductors."

   About Cryptography Research, Inc.

   Cryptography Research, Inc. develops and licenses technology to
solve complex security problems. In addition to security evaluation
and applied engineering work, the company is actively involved in
long-term research and technology licensing in areas including content
protection, tamper resistance, network security and financial
services. Security systems designed by Cryptography Research engineers
protect more than $100 billion of commerce annually for wireless,
telecommunications, financial, digital television, entertainment, and
Internet industries. For additional information please visit

Andrew Lloyd & Associates
Carol Leslie, +44 1273 675100 (Europe)
Neil Hunter, +44 1273 675100 (Europe)
Schwartz Communications
Dan Borgasano, +1-415-817-2543 (United States)

Copyright Business Wire 2008
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