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RSAsecurity.com: RSA Security Releases RSA Encryption Algorithm into Public Domain

Sep 06, 2000, 15:29 (6 Talkback[s])

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"RSA Security Inc. (NASDAQ: RSAS) today announced it has released the RSA public key encryption algorithm into the public domain, allowing anyone to create products that incorporate their own implementation of the algorithm. This means that RSA Security has waived its rights to enforce the patent for any development activities that include the RSA algorithm occurring after September 6, 2000."

"Represented by the equation "c = me mod n," the RSA algorithm is widely considered the standard for encryption and the core technology that secures the vast majority of the e-business conducted on the Internet. The U.S. patent for the RSA algorithm (# 4,405,829, "Cryptographic Communications System And Method") was issued to the Massachusetts Institute of Technology (MIT) on September 20, 1983, licensed exclusively to RSA Security and expires on September 20, 2000."

"So much misinformation has been spread recently regarding the expiration of the RSA algorithm patent that we wanted to create an opportunity to state the facts," said Art Coviello, chief executive officer of RSA Security. "RSA Security's commercialization of the RSA patent helped create an entire industry of highly secure, interoperable products that are the foundation of the worldwide online economy. Releasing the RSA algorithm into the public domain now is a symbolic next step in the evolution of this market, as we believe it will cement the position of RSA encryption as the standard in all categories of wired and wireless applications and devices. RSA Security intends to continue to offer the world's premier implementation of the RSA algorithm and all other relevant encryption technologies in our RSA BSAFE software solutions and we remain confident in our leadership in the encryption market."

Press Release