Mocana and Infineon Take Home the Best Solution for Manufacturing Award at IoT Solutions World Congress

SAN FRANCISCO, CA--(Marketwired - October 31, 2016) - A joint solution from Mocana Corporation, a leading provider of industrial-strength security technology for mission-critical IoT and industrial cloud systems, and Infineon Technologies AG (FRANKFURT: IFX) (OTCQX: IFNNY), took the prize for the Best Solution for Manufacturing at the IoT Solutions World Congress 2016. The ceremony recognizes the most innovative and impactful projects that have been developed over the course of this past year in manufacturing, transportation & logistics, healthcare, energy & utilities, innovation & technology, business transformation and IoT testbed.

The winning Mocana and Infineon joint solution provides an integrated hardware and software platform that makes it easy for device manufacturers to build the strongest possible security features into their products. The solution uses Infineon's OPTIGA™ TPM (Trusted Platform Modules) to provide hardware-based trust and security. The OPTIGA TPM chips implement the standards defined by the Trusted Computing Group (TCG). TPMs are an essential component for devices used in mission-critical IoT applications. Mocana's NanoTAP™ Module provides a simplified interface to these hardware-based trust anchors and is pre-integrated with Mocana's NanoCrypto™ Module. The NanoCrypto Module provides a full suite of cryptographic functions and simplifies development and hardens product designs. The NanoTAP and NanoCrypto Modules are key elements in Mocana's Security of Things Platform (SoTP™) suite, which provides a comprehensive software solution for implementing secure IoT devices and systems.

"We are incredibly honored to have been awarded Best Solution in Manufacturing for our joint solution with Infineon," said Mocana CEO, Bill Diotte. "As recent events have made clear, vulnerable IoT devices can be compromised too easily and used to wreak havoc. Clearly, there's no place for weak devices in mission-critical IoT systems. Working with partners like Infineon, Mocana is committed to making it easy and cost effective for manufacturers to field products that can withstand and repel cyber attacks."

About Mocana

Mocana provides the Mocana Security of Things Platform -- a high-performance, ultra-optimized, OS-independent, high-assurance security solution for any device class. The Platform is being rapidly adopted by next-gen IoT device designers who demand architectural freedom, and who understand the complexity and risk exposure inherent in in-house and other solutions. Mocana's award-winning cryptographic solutions are used in the most stringently-constrained and life-critical systems by Fortune 500 companies, world-leading smart device manufacturers, and government agencies. www.mocana.com