Digitalme CFO speech
Novell to Introduce Web Software for Restricting Personal Info
Bloomberg News
September 29, 1999, 1:19 p.m. PT
Novell to Introduce Web Software for Restricting Personal Info
San Francisco, Sept. 29 (Bloomberg) -- Novell Inc., the No.
2 maker of networking software, will unveil a product next week
that lets users manage access to their personal information on
the Internet, Chief Financial Officer Dennis Raney said.
The software, dubbed ``digitalme,' allows users to release
only approved personal information when conducting transactions
or communicating online. For example, a consumer might want to
provide a rental-car agency with an address and credit card and
driver's license numbers, and reveal only a name and an e-mail
address to a chat room.
The personal data will be stored in a secure ``digital safe
deposit box,' Raney said. The company expects to see demand for
the software from Internet directories, access providers and
online retailers.
``You decide which portion of your identity you give,'
Raney said at an investment conference sponsored by Banc of
America Securities. ``It's a platform for e-commerce and e-
service sites that allows whole new levels of customer intimacy
and retention.'
Raney didn't say how much revenue Provo, Utah-based Novell
expects to gain from sales of the new product. He said the
company hasn't provided analysts or investors with any forecasts
about sales of the product.
``At this point we haven't factored in any significant
product revenues,' Raney said. ``It really hasn't been sized as
to what we think it will bring to our business.'
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I hope that he was accompanied by someone from the digitalme group who then had private meetings with some potential finance and banking partners.
For next week in NYC invites to the banks should be prime. Wine and dine. |
