Nor have I found anything which indicates a change in this partnership:
CyberCash and Sun Microsystems Join to Promote and Market Electronic Payments on the Internet
Mountain View, CA (May 22, 1995) -- Today at the SunWorld Conference, CyberCash, Inc. and Sun Microsystems Computer Company announced that they have entered into a strategic partnership to comarket products and services as well as to promote interoperability and security for electronic commerce on the Internet. As part of this relationship, Sun has agreed to begin promoting CyberCash electronic payment services to its customer base.
"Security on the Internet has been a concern for users, especially as more and more businesses and individuals conduct business on-line," said Bill Melton, president and chief executive officer for CyberCash. "I am pleased that a leading developer of Internet solutions is joining with the leader in electronic payment services to ensure that users worldwide can conduct on- line transactions securely."
"CyberCash's electronic payments expertise combined with Sun's server technology and large installed base will bring Internet users one step closer to secure electronic commerce," said Eric Schmidt, chief technical officer for Sun Microsystems. "Our customers are eager for interoperable solutions that will enable them to conduct business on the Internet conveniently and reliably. By working together with CyberCash we can provide the tools our customers need for a competitive edge."
Working Together to Advance Electronic Commerce
Sun will comarket CyberCash Internet Payment Services and begin educating its customers about the benefits of secure, end-to-end payment services. Sun's servers are utilized by companies that seek to sell goods and services on the Internet. Most any vendor with a home page on the World Wide Web (WWW) could obtain merchant status and begin accepting payments on-line via CyberCash's payment system. Since CyberCash's software is browser, server and platform-independent, merchants that rely on Sun's servers can easily conduct transactions with consumers no matter what type of client or browser they may have. In the future, Sun and CyberCash may also work together to address additional security issues for their customers.
CyberCash Background
CyberCash, Inc. of Reston, Virginia, was founded in August 1994 to partner with financial institutions and providers of goods and services to deliver secure Internet payment systems. The CyberCash approach is based on establishing a trusted link between the seemingly unpredictable world of cyberspace and the traditional banking world. CyberCash serves as a conduit through which payments can be transported easily, safely and instantaneously between buyers, sellers and their banks.
The CyberCash system operates on top of any general security system such as SSL or Secure HTTP. CyberCash beta software is currently available free-of-charge and can be downloaded from the company's WWW server at cybercash.com The company's initial service that accepts payments using any major credit card is scheduled for full commercial deployment by the end of June. Electronic cash services are expected by the end of 1995.
CyberCash's principal founders, Bill Melton and Dan Lynch, have brought together a team with unparalleled experience in credit card and debit card automation, Internet telecommunications and security. In April, CyberCash was chosen by Interactive Age as one of the 100 Best Business Web Sites. For further information about CyberCash, access its WWW server or call (800) 9CYBER1.
Sun Microsystems Background
Sun Microsystems Computer Company (SMCC) is the largest business unit within Sun Microsystems, Inc. SMCC is the world leader in the design, manufacture and sale of network computing systems. Recognized for quality and innovation, the company's SPARCstations and multiprocessing servers each hold the No. 1 UNIX marketshare position. These systems are used primarily by business, educational institutions and governments worldwide for technical, commercial, industrial and software development applications. |
