Link Motion Integrates Irdeto's Vehicle Access
and Safety Solution 'Keystone' into its CarBrain Platform
BEIJING, March 14, 2018 /PRNewswire/ -- Link Motion
Inc. ("Link Motion" or the "Company" NYSE: LKM), a
leading smart car and smart ride company, has reached an agreement
with Irdeto, the world leader in digital platform security to
integrate its new smartphone-based secure vehicle access and safety
solution, Keystone, into the Link Motion CarBrain platform.
Automobile OEMs that implement Link Motion's CarBrain will now
provide consumers with the simplicity they expect to safely manage
and operate today's connected cars and autonomous vehicles,
especially in new ride-sharing business models.
"Traditional business models are rapidly changing with the
development of the software-defined car and autonomous features,"
said Pasi Nieminen, Vice President
of Link Motion. "Most OEMs don't want to source their technology
offerings with multiple vendors, but rather integrate one
technology platform that can deploy all offerings. By combining
Keystone with CarBrain, we provide OEMs with a joint solution they
want to ensure their product offerings keep up as OEM business
models change. We also look forward to including these features in
our own smart ride business as well."
Announced in collaboration with Conjure at CES 2018, Keystone is
a mobile phone enabled, fully secure, policy-based vehicle access,
sharing and safety solution. By integrating the solution into the
Link Motion CarBrain platform, OEMs are able to provide consumers
with the ability to customize their driving experience by sharing
keys with authenticated drivers, including teen drivers, family,
friends, valets, parcel delivery people and many others while
setting rules around the usage of the vehicle. From controlling the
speed limit of the car, time of use, geolocation, trunk or glove
box access, number of passengers in the vehicle and much more, car
owners have the flexibility and freedom to customize their driving
experience by enforcing vehicle usage policies.
"Consumers want simplicity in their lives and expect a safe
driving experience whenever they get behind the wheel," said
Daniel Thunberg, Global Head,
Connected Transport, Irdeto. "Keystone provides consumers with both
the simplicity they desire and the safety and security they expect
by combining their mobile phone, wallet/purse and car key into one
smart mobile device. By integrating Keystone into their CarBrain,
Link Motion is offering OEMs with one solution that addresses all
of these consumer expectations while also enabling them to
implement future-proof business models."
Combining secure, tamper-proof policy management that prevents a
multitude of potential vehicle hacks, Keystone provides car and
fleet owners with the ability to securely and intuitively provision
and manage a host of new car sharing/car riding experiences. From
enabling the next-generation of autonomous fleets to the
implementation of mobility-as-a-service and
transportation-as-a-service, Keystone gives OEMs the freedom to
implement these business models by ensuring their ability to
securely manage and control the services offered in the vehicle. By
integrating Keystone into its CarBrain, Link Motion is protecting
policies assigned to vehicles and preventing tampering of vehicle
software to enforce additional revenue streams for OEMs. In
addition to security and robust performance standards, the Keystone
solution also allows fleet and ride sharing companies to delight
their customers by automatically activating preferred car settings
based on their profile among other flexible and convenient
settings.
To learn more about Keystone, please visit:
www.keystone-security.com
About Irdeto
Irdeto is the world leader in digital platform security,
protecting platforms and applications for media &
entertainment, connected transport and IoT connected
industries. Our solutions and services enable customers to protect
their revenue, create new offerings and fight cybercrime. With
nearly 50 years of expertise in security, Irdeto's software
security technology and cyber services protect over 5 billion
devices and applications for some of the world's best-known brands.
Our unique heritage as a subsidiary of multinational media group
Naspers (JSE: NPN) means that we are a well-established and
reliable partner to help build a more secure future. Please visit
Irdeto at www.irdeto.com.
About Conjure
Conjure is a digital experience company with a strong track
record developing daring, original applications for emerging
technology platforms, harnessing the opportunities they present to
our global client base of major brands and disruptive startups. We
don't just create apps, we also develop and maintain back-end and
content management systems, as well as analytics tools that measure
business return. Through multiple programs for the automotive and
motorcycle industry, we have developed a class-leading HMI design
and development process.
About Link Motion Inc.
Link Motion Inc. ("Link Motion" or the "Company" NYSE: LKM)
is a leading smart car and smart ride company. Link Motion's
portfolio of offerings includes enabling technology solutions and
secure connected carputers for the ecosystem of car businesses,
consumer ride sharing services, as well as legacy mobile security,
productivity and other related applications. For more
information on Link Motion, please
visit www.lkmotion.com.
Forward Looking Statements
This news release contains "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates" and similar
statements. All statements other than statements of historical fact
in this press release are forward-looking statements and involve
certain risks and uncertainties that could cause actual results to
differ materially from those in the forward-looking statements.
These forward-looking statements are based on management's current
expectations, assumptions, estimates and projections about the
Company and the industry in which the Company operates, but involve
a number of unknown risks and uncertainties. Further information
regarding these and other risks is included in the Company's
filings with the U.S. Securities and Exchange Commission. The
Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and actual
results may differ materially from the anticipated results. You are
urged to consider these factors carefully in evaluating the
forward-looking statements contained herein and are cautioned not
to place undue reliance on such forward-looking statements, which
are qualified in their entirety by these cautionary statements.
Investor Relations:
MZ North America
Chris Tyson
Managing Director
949-491-8235
LKM@mzgroup.us
www.mzgroup.us
Luke Zimmerman
Senior Associate
949-259-4987
LKM@mzgroup.us
www.mzgroup.us
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SOURCE Link Motion Inc.