Oversight Technology Releases A Free Secure Password Manager

May 31, 2007, San Antonio, TX — Oversight Technology Corp. announced the release of Password Prime, the company's first foray into commercial-quality freeware. Password Prime is a software-based password manager that is downloaded onto the individual PC and provides ease of access to personal user names and passwords while it protects them from hackers.

Password Prime provides a valuable and secure solution to a growing problem affecting all users of the Internet Explorer, Netscape, Firefox and Opera web browsers. The company points out that the four most popular web browsers offer built-in password saving and form automation allowing users to save account information and passwords via the web browser itself. This allows anyone on the PC to also access valuable accounts such as email, banking, investments and more.

The growing concern stems from alarming flaws found predominantly in Internet Explorer and Firefox and center around the browsers AutoComplete and Password Management functions. Internet Explorer is a prime target for malware infections that recover password's from IE's AutoComplete giving the malware author full access to a user's online accounts. The popular Firefox browser also has well known flaws that allow rogue code and malicious links to steal account information including unencrypted passwords as a user is browsing the Internet. Several open-source password cracking software products have been available for public download and use since 2005.

The company is working hard to better educate online users regarding online safety and the risk that browser-based password savers pose. These risks are not present in software-based password managers because they are not connected to an easily accessible browser making hacking attacks, botnets and malware infections considerably less dangerous.

About Oversight Technology Corporation:
Oversight Technology Corporation is a privately held emerging provider of software solutions dedicated to offering quality products at competitive prices. The company's website may be found at: http://www.oversightcorp.com.