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KOBIL Systems Expands Global Reach With New US Based Operations

Leading IT Security Solutions Provider Stakes North American Market With Identity Management, Mobile Application Security Offerings

KOBIL Systems GmbH, a market leader and trendsetter for highly convenient and powerful IT security solutions with a focus in the area of secure digital identities, today announced that the company has expanded its global operations to North America by establishing fully owned subsidiary, KOBIL Technologies, Inc. in the United States with presence in San Francisco Bay area.

Founded in Germany in 1986, KOBIL has been providing highly effective IT security solutions to banks, governments, militaries, corporations for more than 25 years.

KOBIL is the only company on the market with fully matured product line, which includes hardware and software solutions that work as a fully integrated system for identity management and secure application delivery.

"We are very excited to expand our operations to North America. With new United States subsidiary and United States based staff, KOBIL will be able to more efficiently and effectively present and support the company's technology," said Ismet Koyun, founder and CEO of KOBIL Systems GmbH, parent company of KOBIL Technologies, Inc.

Mr. Koyun founded the company in 1986 from his dorm room at University of Applied Sciences, Worms, Germany, when he was studying computer science, and he constantly innovated with inventions such as the world's first redundant power supplies for PCs and Servers, double local bus, wireless card reader, the world's first Class 3 smartcard reader which did not require any software installation, the world's first Class 4 smartcard reader featuring a keypad, and KOBIL's flagship product, mIDentity, which was used by Bill Gates in 2005 as an example of the future of identity solutions, at his speech about Internet Security in Munich.

"We see great opportunities in the United States. Adoption of web portals and mobile apps to access banking, healthcare, government, and cloud services have been increasing exponentially," said Tan Sarihan, CEO of newly formed KOBIL Technologies, Inc., which will cover KOBIL Systems GmbH's North America operations. "KOBIL's technology has been securing organizations for years, and it now offers its comprehensive product line for companies and organizations throughout North America. By introducing KOBIL's military grade security, with meticulous German engineering and design, while improving user experience which reduces steps to secure transactions, organizations who adopt KOBIL solutions will improve customer satisfaction, retention and attract new business."

For more information on KOBIL Systems, please visit www.kobil.com.

About KOBIL Systems

KOBIL Systems is a market leader and trendsetter for highly convenient IT security solutions with a focus in the area of secure digital identities. KOBIL stands for secure data, secure communication and secure authentication on every computer worldwide. Founded in 1986, KOBIL Group based in Worms, Germany, is the only manufacturer worldwide with a fully developed product line for IT-Security. As a pioneer in the area of cryptography, smart card technology and PKI (Public Key Infrastructure, digital identities), KOBIL's products have become today's recognized standard for secure digital identities. The full research and development of the products is made in Germany. KOBIL has 40 percent of the staff involved in R&D. KOBIL applications comply with international standards such as EMV-CAP, ISO 7816, ISO 9001 and the German Act for Digital Signature. KOBIL products also support common technology standards which make it very simple to integrate them into existing IT infrastructures. IT security solutions by KOBIL are mobile, flexible and user friendly, and are used in a variety of different industries.

Many banks and corporations rely on KOBIL technologies, such as Deutsche Telekom, Datev, Commerzbank, Aareal Bank, DekaBank Luxembourg, Banque de Luxembourg, Sparkassen, Volksbanken, Deutsche Postbank, Migrosbank, Valiant Bank, Hypothekarbank Lenzburg, Berner Kantonalbank, ING Bank, Rothschild Bank, Raiffeisenbank International, UBS, Société Générale, BBVA, Santander, Yapi Kredi, Akbank, Isbank, German parliament and German Federal Office for Information Security (BSI).