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Technology Stocks : 724 Solutions (NASD: SVNX, TSE:SVN)

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To: Tom Drolet who wrote (10)12/22/1999 4:54:00 PM
From: caly  Read Replies (1) of 337
 
724 Solutions joins Radicchio...

Radicchio membership grows as new industry leaders join the global
initiative to promote security in wireless e-commerce


London, 22 December 1999. Eight leading companies providing solutions for
secure wireless e-commerce announced today that they are joining Radicchio,
the global initiative to unleash the potential of wireless e-commerce.

Radicchio was launched in September 1999 with Sonera SmartTrust, Gemplus and
EDS (Electronic Data Systems) as initial members, supported by Ericsson,
which has subsequently joined the initiative. The new members are 724
Solutions, Certicom, Geoworks Corporation, Infineon Technologies, InterClear
Service Ltd, Minick AG / Distefora, mobile solutions AG and Setec.

Promoting PKI based security

Radicchio was created to enable a dynamic global market for secure wireless
e-commerce. The initiative promotes the use of an environment based on a
Public Key Infrastructure (PKI), allowing secure electronic transactions to
take place over wireless networks. Radicchio raises awareness of the
opportunities presented by secure wireless e-commerce through the expansion
of its membership. As a consortium of the industry's leading wireless
e-commerce companies, Radicchio will persuade international regulators &
government bodies to accelerate the adoption of legislation which supports
secure wireless e-commerce globally.

Worldwide co-operation and leadership

Radicchio is well on its way to becoming the industry voice and authority
for PKI enabled secure wireless e-commerce. The members now include
certification authorities, mobile operators, systems integrators, device
manufacturers and software companies.

Radicchio is now looking to recruit further members. A conference entitled
"Wireless e-Commerce - Clearing the Road for Global Expansion", exclusively
sponsored by Radicchio, will take place on 13-14 January 2000 in Olympia
Conference Centre in London, England. Companies and organisations interested
in membership and the conference should visit Radicchio's Website at
www.radicchio.org

For more information about Public Key Infrastructure (PKI) and how it works
please visit the Radicchio Website at www.radicchio.org
Members' Information

New members

724 Solutions
"The Radicchio initiative is tremendously important in creating a standard
security platform to drive mobile commerce on a global level," says Greg
Wolfond, founder and CEO, 724 Solutions. "By providing leadership across a
wide range of groups including application providers, mobile operators and
financial institutions we are tackling the security issue head on. The
Radicchio framework accelerates our drive to encourage all key participants
to promote the use of PKI-based mobile commerce for financial institutions."

Ray McManus, PR Manager
Tel. + 1 416 228 8191 (Canada) / email: rmcmanus@724.com
www.724solutions.com

Certicom
"Mobile commerce applications are the driving force behind the continued
growth in the wireless segment," said Richard Depew, vice president of
worldwide sales and business development. "We are excited to bring our
expertise in the area of efficient security solutions based on Public Key
Infrastructure (PKI) to Radicchio, and look forward to jointly promoting
secure m-commerce solutions with our Radicchio partners."

David Krane, Director of Corporate Marketing
Tel. +1 510 780 5420 (USA) / email: dkrane@certicom.com
www.certicom.com.

Geoworks Corporation
"We believe Radicchio will be the worldwide leadership beacon for secure
mobile e-commerce. Geoworks is honoured to join as a founding member and we
look forward to a successful collaboration of ideas and opportunities with
the other distinguished members" said Don Ezzell, Chief Operating Officer of
Geoworks Corporation.

Donald G. Ezzell, Chief Operating Officer
Tel. +1 510 814 5870 (USA) / email: dezzell@geoworks.com
www.geoworks.com <http://www.geoworks.com>

Infineon Technologies
"In bringing all players of wireless communications together, the Radicchio
standardization initiative will allow development and broad implementation
of secure wireless e-commerce applications," says Bernhard
Schulte-Doeinghaus, International Projects & Relations for the Security and
Chip Card ICs within Infineon Technologies. "Complete security solutions
covering SIM card ICs, cellular phones as well as network infrastructure for
mobile applications are one basis on which to develop reliable future
wireless applications. Infineon, formerly Siemens Semiconductors, and
Siemens are looking forward to working within the Radicchio initiative."

Monika Sonntag, Media Relations, Infineon Technologies
Tel. +49 89 234 24497 (Germany)
email: monika.sonntag@infineon.com
www.infineon.com / www.siemens.com

InterClear Service Ltd
"Mobile devices promise a massive increase in low-cost Internet
connectivity. But to fully exploit the commercial opportunities presented by
a bridge between the Internet and mobile environments trust and security
must be addressed urgently. Business and consumer confidence in these
systems depends on practical digital signature implementations, the
importance of which is further increased by the imminent UK and EU digital
signature legislation and by best practice standards. InterClear is
delighted to be part of the Radicchio initiative aimed at driving the
practical implementation aspects in a collaborative manner." says Bob
Carter, Managing Director of InterClear.

Simon Bailey, Business Development Director
Tel. +44 1784 470860 (UK) / email: sbailey@InterClear.co.uk
www.InterClear.com

Minick AG - part of the Distefora information movement
"As part of the Distefora information movement, Minick sees tremendous
potential for Radicchio to make the Public Key Infrastructure for mobile
e-commerce more widely known" says Marco Bäschlin, Chairman of the Board of
Minick AG, Switzerland. "We are highly motivated to work with other
companies on this very interesting technology."

Marco Bäschlin, Chairman of the Board
Tel: +41 1 915 87 87 (Switzerland) / email: radicchio@minick.ch
<mailto:radiccio@minick.ch>
www.minick.ch <http://www.minick.ch> / www.distefora.com
<http://www.distefora.com>

mobile solutions AG
"As a leading Swiss company in the specialized field of wireless data over
GSM and as a value-added reseller of the Nokia Corporate WAP Server, mobile
solutions AG believes that security will be the central issue for all
corporate WAP services. In light of this, we support all efforts to promote
'secure' wireless communication."

Siegfried Fein, Managing Director
Tel. +41 1 802 44 88 (Switzerland) / email: sfe@mobilesolutions.ch
www.mobilesolutions.ch

Setec
Setec, the security technology leader in the smart card industry, is
confident that PKI will play a central role in open networks enabling secure
financial transactions and data exchange. "Radicchio initiative is an
important step to promote the deployment of PKI infrastructure with key
players in the industry," says Veli Tarvainen, President and CEO, Setec Oy.

Kimmo Karppinen, Sales Manager
Tel. +358 9 8941 4586 (Finland) / email: kimmo.karppinen@setec.fi
www.setec.fi

Initial members

EDS
Karen Feenstra, Director Strategy, Business Development & Marketing
Tel. +39 335 596 8948 (Italy) / email: karen.feenstra@eds.com
www.eds.com

Ericsson
Antoinette Torell, Press Officer, Corporate Communications
Tel. +46 7051 93699 (Sweden)
email: Antoinette.Torell@lme.ericsson.se
<mailto:Antoinette.Torell@lme.ericsson.se>
www.ericsson.com

Gemplus
Tim Baker, Wireless Marketing Communication Manager
Tel. +33 6 8593 4134 (France) / email: tim.baker@gemplus.com
www.gemplus.com

Sonera SmartTrust
Harri Vatanen, head of Sonera SmartTrust noted: "We're extremely pleased to
have all these companies as Radicchio members. Their varied experience in
wireless communications and economy will bring extraordinary expertise into
Radicchio."

Stefan Engel-Flechsig, Managing Director
Tel. +49 172 944 7093 (Germany)
email: Stefan.engel-flechsig@sonera.com
<mailto:Stefan.engel-flechsig@sonera.com>
www.sonera.com <http://www.sonera.com>/smarttrust
www.smarttrust.com <http://www.smarttrust.com>

PR agency for Radicchio

Chembi Merser
Hill & Knowlton
Tel. +44 (0)171 413 3134
cmerser@hillandknowlton.com
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