PKWARE and RSA Security announced that they've teamed to form a new strategic technology, sales, and marketing partnership. Under the new partnership, PKWARE has licensed RSA BSAFE encryption software, and RSA has licensed PKWARE's PKZIP compression technology. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

PKWARE will use BSAFE to enhance its product offerings across desktops, servers, and mainframe systems. RSA Security will use PKZIP in the products it offers through its direct sales and distribution channels. The companies pointed out that compression and encryption technologies complement each other in that compression reduces encryption overhead while encryption helps to protect data.

Scott Schnell, senior vice president of sales, marketing and corporate development at RSA Security said, "Our complementary technologies are a natural fit, and both companies have expended considerable time and effort in optimizing their respective technologies to reap maximum benefit for end users. We look forward to working closely with PKWARE and leveraging our combined global reach to bring exciting new products to market to help make for secure and efficient data transport and storage."

PKWARE President and CEO Tim Kennedy said, "This strategic alliance is a first step towards the development of a broad range of innovative solutions based on our combined best-of-breed security and data compression technologies."