Ottawa, Canada, March 03, 2012 --(PR.com
)-- Crack Semiconductor was recently awarded the gold medal winner for a bootstrap company in the category of Innovation in Engineering and Technology. The award is offered by Exploriem.org which was founded in 2001 to encourage and facilitate start-up companies as a not-for-profit company. Its membership consists of high achievers interested in shaping the technological, economic and sociological future. The bootstrap award is sponsored by the Royal Bank of Canada, the Business Development Bank of Canada and the Telfer School of Management of Carleton University.
The category of Innovation in Engineering and Technology is very prestigious as the award acknowledges the innovative, high performance security technology created by Crack Semiconductor and how it solves the complex problem of payment and banking security. Crack Semiconductor was awarded the gold medal for its work in public key cryptography and its close relationship with its European customer. Together, the two companies are upgrading payment systems across Europe.
“I am very pleased to receive this award but as is always the case, it was a team effort,” said Art Low, President and CTO of Crack Semiconductor. “In particular I would like to thank the Canadian National Research Council for their early support of the development as well as the Technology Innovation Management team at Carleton University for their mentoring and skillful guidance of my company.”
About Crack Semiconductor
Founded in 2002, Crack Semiconductor specializes in public key or asymmetric cryptography solutions for customers in a broad range of industries including banking, payment, government and military. Public key cryptography relies primarily on the RSA algorithms with 1024- and 2048-bit mathematics required. These large numbers and complex algorithms are very difficult for general purpose processors to handle and specialized processing engines such as the CS1024-RSA are used to meet specified performance levels.