Please note this is a Short Discount publication. This report provides an overview of the IBM TokenтАУRing technology and products built by IBM and compatible vendors. It consists of two sections: 1. A summary of the design tradeтАУoffs for the IBM TokenтАУRing. 2. A summary of the products of the major tokenтАУring compatible vendors broken down by adapters and components, wiring systems, testing, and new chip technology.