CyberTrust Enables Finland's Nation-Wide Electronic Initiative
CyberTrust's Global CA Enables Over 4,000,000 Citizens with Electronic Credentials
NEEDHAM HEIGHTS, Mass.--(BUSINESS WIRE)--Jan. 6, 2000--Certall, a consortium of Finnish organizations, has selected CyberTrust to deliver new electronic services that will enable Finnish citizens to conduct a wide variety of secure transactions over the Internet including bank and stock transactions. As a result, these types of transactions will be done more efficiently and cost effectively over the existing telecommunications infrastructure. Service is expected to be ready early next year.
''CyberTrust is the technology engine that will drive this project,'' said Jukka Koskinen, president of Certall. ''CyberTrust's Global Certification Authority (CA) product will allow us to issue digital certificates (electronic credentials) that will efficiently serve the growing needs of our citizens as well as enable us to enter the certificate management marketplace by securing electronic transactions for other organizations.''
With this new initiative, Finnish citizens will be able to conduct a wide variety of secure transactions streamlining many everyday activities. For example, Certall member Leonia Bank will allow customers to securely conduct bank transactions over its mobile network while other partner companies will enable customers to trade stock electronically and securely over the Internet using their mobile phones.
''We are looking forward to the implementation of CyberTrust's digital certificate technology,'' said Chairman of Certall's Board and CEO of Sonera SmartTrust Harri Vatanen. ''This agreement will not only allow us to operate more efficiently but allow us to save money by using the telecommunication services available through the Internet.''
''CyberTrust technology enables all of these secure services. Our goal is to be at the forefront of helping our customers to do more things and do them more efficiently and securely,'' said Peter Hussey, President of CyberTrust. ''Citizens of Finland will be able to electronically send and receive their most personal information with complete confidence and trust that it will remain confidential.''
Merita Nordbanken, one of the biggest banks in Skandinavia, Sonera, Leonia Bank, Tieto Enator, the Finland Post and Osuuspankki, jointly own Certall.
About CyberTrust
CyberTrust is a leading enabler of secure extranets and e-commerce for companies expanding their high-value customer relationships to the Web. CyberTrust's certificate-enabled extranet solutions support privilege-based user access, data confidentiality, audit trails and digitally signed, binding transactions. Through our global network of official partners, CyberTrust offers the industry's most complete suite of public key infrastructure-based products, outsourced service and consulting. CyberTrust is a GTE company headquartered in Needham Heights, Mass., with offices in London, England and Sapporo, Japan. You can learn more about CyberTrust at www.cybertrust.com.
About GTE
With 1998 revenues of more than $25 billion, GTE is a leading telecommunications provider with one of the industry's broadest arrays of products and services. In the United States, GTE provides local service in 28 states and wireless service in 17 states, as well as nationwide long-distance, directory, and internetworking services ranging from dial-up Internet access for residential and small-business consumers to Web-based applications for Fortune 500 companies. Outside the United States, the company serves customers on five continents.
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