April 30, 2007Red Planet Gaming Software Selects iovationDevice Reputation Technology Minimizes Risk of Fraudulent Transactions and Creates Safer Online Community for PlayersPortland, Ore. – April 30, 2007 – iovation, the device reputation authority for online fraud management and authentication, and the leading provider of reputation-based online fraud management, announced today that Red Planet Gaming software will embed iovation's fraud management solution within the company's online gaming risk management tools. With this announcement, every new Red Planet customer will now have the option to use iovation's ReputationManager™ product family without technical integration. "Fraud and risk are intertwined issues for our customers," said Vahe Baloulian, CEO of Red Planet Gaming. "Integrating iovation's proven online gaming fraud management solution with our risk management tools provides our customers with a true competitive advantage." iovation pioneered the use of reputation technology for online fraud management and multi-factor authentication in online gaming, financial services and e-commerce industries. iovation Reputation Services, a Software as a Service (SaaS) family of solutions, links user accounts with devices and utilizes the reputation of those devices to guard against online fraud. The fraud management tool includes geolocation technology that allows customers to meet new compliance requirements such as validating player country codes. "Red Planet Gaming and iovation share a common vision to reduce fraud and risk in online transactions," said Rich Orcutt, Vice President of Sales at iovation. "With each new user we get closer to minimizing the fraud risk to operators and creating a safer online community for players." iovation leverages its historical repository, containing PC reputations and suspicious associations, to enable its customers to screen transactions using fact-based fraud evidence for any PC. iovation ReputationManager identifies all suspicious linkages between the PC and other accounts across its global repository. As a result, both new and existing account fraud can be stopped proactively. About Red Planet Gaming Red Planet Gaming presents a uniquely flexible opportunity to own and operate an online card room or network. Directly or through its clients, Red Planet offers several licensing options, including a license with a flat fee or revenue share, a royalty-free (no license fee) managed solution, and a full source code ownership. Red Planet Gaming makes it easy to operate as a stand-alone card room, to integrate with any online gaming operation, to operate as part of a network or to establish a new one. Red Planet Gaming provides a complete solution that includes full start-up assistance, ongoing IT support, operation and maintenance of a card room. About iovationiovation, headquartered in Portland, Oregon pioneered the use of device reputation for managing online fraud, abusive behavior and multi-factor authentication. Today, iovation manages the reputation of millions of Internet-enabled devices worldwide, allowing its customers to control online fraud and abuse while benefiting from sharing device reputation intelligence. For more information on iovation and the company's products, visit www.iovation.com. |