"DUBLIN, Ireland--(BUSINESS WIRE)--Jan. 8, 2001-- Hush Communications
(www.hush.com), a leading global provider of managed security solutions
and encryption key serving technology, today announced it has been
granted a patent for its revolutionary key pair management technology
that enables personal computer users to send and receive fully encrypted
electronic communications. Hush Communications, the category leader in
key pair management technology, now has the exclusive intellectual
ownership of its core technology, the Hush Encryption Engine(TM). " 
Full PR in http://biz.yahoo.com/bw/010108/hush_commu.html

US Patent 6154543.  It seems to be nothing more than store the private
key on a server,
give it out when the user presents the hash of their initial passphrase.

Similar technology was part of DCE in 1996, cf
http://www.opengroup.org/rfc/mirror-rfc/rfc94.1.txt

Sigh...
        /r$

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