RIM and Entrust partner to deliver secure wireless transactions
Research In Motion Ltd RIM
Shares issued 67,468,467 Jan 11 close $82.25
Wed 12 Jan 2000 News Release
Mr. Jim Balsillie reports
Entrust Technologies, the global leader in solutions that bring trust to
e-business, and Research In Motion, a pioneer in developing wireless data
products and services, today announced an initiative to bring new secure
e-commerce solutions to RIM products and services, including the
award-winning RIM BlackBerry wireless E-mail solution. This announcement
underscores Entrust's commitment to the wireless Internet market, and the
company's unique position to capitalize on the rapid growth of e-business
as it evolves into the platform for commerce and the exchange of
information in the next century.
The two companies are fusing RIM's leading two-way wireless hand-helds with
Entrust's superior e-business security solutions to deliver a host of
secure e-commerce offerings for the rapidly growing wireless market.
Applications will include secure E-mail, e-banking, e-brokerage, and other
mobile e-commerce initiatives for both the business-to-business and
business-to-consumer markets. The first result of this groundbreaking
partnership, a BlackBerry hand-held integrated with Entrust/Express for
secure E-mail communications and transactions, extends the BlackBerry
secure E-mail model to include communications and transactions between
businesses. It will be demonstrated live Jan. 17, 2000, at Entrust
Technologies' press conference at the RSA Security Conference in San Jose.
(Room C1-2 at 1:30 p.m.). The demonstration will run through Jan. 20, at
Entrust's booth, No. 416.
Building on Entrust Technologies' previous announcement of its aggressive
wireless strategy, and its delivery of the first digital certificates for
the mobile Internet platform, this new partnership reinforces Entrust's
leadership position in the exploding wireless Internet market. Entrust is
building the framework that will allow mobile appliances to be not only the
ubiquitous consumer and e-business transaction "on-ramp" to next generation
e-commerce, but the global point-of-sale terminal of choice.
"Security is a key concern and a fundamental requirement when sending and
receiving certain sensitive and confidential corporate information from a
wireless hand-held. Entrust/Express supports Microsoft Exchange and extends
BlackBerry's existing Triple DES encryption standard to allow encryption,
authentication and authorization over the Internet," said Jim Balsillie,
chairman and co-chief executive officer of Research In Motion. "This
agreement facilitates RIM's intention to ship wireless subscriber devices
that are e-commerce ready."
"Enabling our collective existing and future customers to capitalize on the
forecasted exponential growth of wireless e-business is a manifestation of
the aggressive strategy we've recently announced," said John Ryan,
president and CEO, Entrust Technologies Inc. "Our rapid delivery of these
capabilities demonstrates our commitment to both our customers and this
market." For further details on Entrust Technologies' new wireless
services, product and partner offerings, please visit: www.entrust.com.
"The RIM/Entrust alliance brings together market leaders for the strategic
development and delivery of industry leading wireless e-commerce," said
William F. Lenahan, president and CEO, BellSouth Wireless Data. "This
solution, operating over the BellSouth Wireless Data Network, is well
positioned to meet the needs of organizations that increasingly require the
ability to make a wide range of secure transactions in mobile
environments."
(c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com |
