nProtect Expands to the North and Latin America With Online Financial Security Solution That Complies With FFIEC Security Guidance

SAN JOSE, CA--(Marketwire -02/15/12)- nProtect Inc., a subsidiary of INCA Internet Co., Ltd, the leading online security solution vendor in South Korea, today announced its expansion to the global market through its newly established office located in Silicon Valley, California. The Silicon Valley office will serve the U.S., Canada, and Latin America markets to meet the sales and support demands for safe and trustworthy online banking transactions.

The 'nProtect OnlineSecurity' (NOS) is a cloud-based Software-as-a-Service (SaaS) that provides safe online environments to end-users using online banking and e-trading. The B2B2C service model allows financial institutions to protect their end-users from exponentially growing financial threats. Today, NOS is protecting over 30 million end-users from 820 references around the world, including some of the largest financial institutions in the U.S.

In 2011, the Federal Financial Institutions Examination Council (FFIEC) updated its Security Guidance to encourage financial institutions to meet core requirements of layered security, risk assessment and customer awareness and education. NOS helps financial institutions meet all these core requirements.

nProtect Inc. is expected to strengthen sales and marketing activities with R Systems International (RSI), a collaborative U.S. partner. RSI is one of the leading providers of outsourced product development and customer support services.

"We have the world's best kernel technology with over 12 years of experience and know-how," said Young Heum Joo, Chairman of nProtect Inc. and INCA Internet. "Based on this, we plan to deliver a superior online security service to U.S. customers. nProtect Inc. holds U.S. patents on online secure transaction and will continue to provide end-users with easy, convenient and safe online banking services".

nProtect will be showcasing their latest products at the NAFCU Technology & Security Conference this week in Las Vegas.

About INCA Internet
Founded in January 2000, INCA Internet Co., Ltd was featured as one of the fastest-growing technology companies in Deloitte Technology Fast 50 and Deloitte Technology Fast 500 Asia Pacific in 2007. INCA Internet is the first Korean information security company to be awarded with the '2010 South Korea Globalization Strategy Leadership Award' by Frost & Sullivan. INCA Internet has offices in China, Malaysia and Japan.