An Industry Milestone

VEDECOM Tech and Karamba Security Announce the First Commercial, Cyberhack-protected Autonomous Car

ANN ARBOR, Mich. and HOD HASHARON, Israel and VERSAILLES, France, June 19, 2017 (GLOBE NEWSWIRE) -- VEDECOM Tech, the European self-driving car company, has chosen Karamba Security, a provider of autonomous cybersecurity solutions for connected and autonomous vehicles, to protect its autonomous vehicles from cyberattacks.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/3ba489d6-a2cd-4ec7- ...

VEDECOM Tech is a commercial subsidiary of VEDECOM Public Foundation, an organization dedicated to fostering innovation in autonomous transportation, and whose members include Renault, Peugeot and Valeo.

VEDECOM Tech is introducing completely autonomous, self-driving vehicles (SAE Level 5) that will be launched for commercial use in 2017 and 2018 by municipalities in France, Germany, Italy, Portugal and the Netherlands. The company is using Karamba's Carwall and Autonomous Security software to protect the cars' electronic control units (ECUs) against risks of hacking.

This marks the industry's first production of cyberattack-secured, commercially-available automobiles.

"As we bring our first self-driving cars into production, we planned for cybersecurity technology to be part of the car's design. We evaluated the market extensively, and after serious consideration, concluded that Karamba Security's technology is the best way to prevent, not just detect, cyberthreats and keep passengers and cars safe," said Frederic Mathis, CEO and president of VEDECOM Tech.  "Karamba's Autonomous Security achieves that by autonomously hardening ECUs and preventing hacker infiltration with zero false positives. This approach uniquely prevents cyberattacks, and at the same time, satisfies the industry's intolerance to consumer safety risks, resulting from false alarms (aka 'false positives') that mistakenly block legitimate vehicle commands."

"We are excited to be the first cybersecurity company to have its technology adopted in commercially available cars," said Ami Dotan, Karamba Security CEO and co-founder. "VEDECOM Tech is a formidable partner, which has been successfully implementing state-of-the-art technologies that enable self-driving cars to become a reality. Protecting these autonomous and connected vehicles from cyberattacks is VEDECOM Tech's priority, and we are proud to enable this cyber protection."