"We've taken the notion of a one-time password that generates a dynamic code every 30 seconds and we've embedded it into the chipset," Gilburg says, "into the [manageability engine] of the 2nd Generation Intel Core and Core vPro. This is brand new technology; Intel is the first to do this."
That manageability engine (ME), by the way, is on the same silicon as the Core processors' compute and graphics cores. And unlike Intel's vPro client-management technology, IPT is common to all three levels of the 2nd Geneneration processors: the Core i3, i5, and i7; vPro skips the i3.
Intel's IPT generates the OTP, but it's up to software provided by Symantec and Vasco to take advantage of that capability. (Both companies have issued statements hailing their cooperation with Intel on this OTP tech, Symantec's is here and Vasco's is here.)