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SUMITOMO TO MARKET CORSAIR PHONEPRINT

PALO ALTO, Calif.-Corsair Communications Inc. announced it entered into an international marketing agreement with Sumitomo Corporation of America to co-market Corsair’s PhonePrint cellular fraud prevention system.

Under terms of the agreement, Sumitomo will add PhonePrint to its product portfolio and provide financing and distribution to some PhonePrint customers, said Bill Taliaferro, a spokesman for Corsair.

PhonePrint creates an individual profile based on each cellular phone’s unique radio-frequency signature. A mismatch detected by the network means a fraudulent call will be rejected before it is completed.

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