Computer Associates and NetCurrents Form Collaboration to ``Secure the Internet'
ISLANDIA, N.Y. and BURLINGAME, Calif.--(BUSINESS WIRE)--March 30, 2000--Computer Associates International, Inc. (NYSE:CA) and NetCurrents, Inc. (Nasdaq:NTCS), the Premier Internet Intelligence Agency, today announced the formation of "Secure the Internet" - an initiative designed to provide a comprehensive Internet security service. The companies will combine their leading technologies to offer the global Internet community real-time information on potential Internet-based threats and to mitigate the risks associated with computer hacking, dissemination of computer viruses, Internet fraud and other security breaches; and to assist government agencies throughout the world combat Internet crime.
Under the "Secure the Internet" initiative, CA and NetCurrents will jointly provide the Internet community with timely alerts regarding potential computer virus threats and hacking information circulating on the Internet. They will also provide government agencies with critical information to assist them in their regulatory efforts related to hacking, viruses and other cyber security breaches. The initiative will leverage CA's eTrust security solutions for eBusiness, and NetCurrents' real-time, proprietary Internet search technology to scan the Internet for information related to cyber-criminal activities, and will deliver the resulting data to CA for in-depth analysis and delivery to specific government agencies.
CA's eTrust solutions safeguard mission-critical resources, from the browser to the mainframe and include solutions for Internet Defense, Information Protection and Trust Infrastructure.
"Fraudulent and criminal activity via the Internet is a rapidly increasing threat to the national security and economic stability of countries around the world," said Simon Perry, CA vice president, security solutions. "Internet security breaches have the possibility to seriously affect government and corporate operations, undermine confidence in their ability to secure data, and ultimately challenge global market conditions. With this alliance, we are committed to applying our respective technologies in assisting the Internet community at large, corporations and government agencies to "Secure The Internet" and protect their resources."
"We believe that Internet intelligence has become a requirement for all governments and corporations around the world," said Irwin Meyer, Chairman and CEO of NetCurrents. "With the rise in Internet crime, the breaches in security and the dissemination of malicious misinformation, the need to secure government information and protect corporate assets has never been greater. We are pleased to have been chosen by CA to join with them in this exclusive strategic alliance to combine our industry expertise and proprietary, real time technology to help guard against broad-based Internet threats and assist government agencies in monitoring potentially suspect Internet-based information for possible legal action."
CA's eTrust solutions are built on CA's Unicenter TNG Framework, providing a powerful, comprehensive, and integrated solution for building, deploying and securing eBusiness.
Computer Associates International, Inc. (NYSE:CA), one of the world's leading business software companies, delivers the end-to-end infrastructure to enable eBusiness through innovative technology, services and education. CA has 18,000 employees worldwide and had revenue of $6.3 billion for the year ended December 31, 1999. For more information, visit www.ca.com.
NetCurrents, The Premier Internet Intelligence Agency, analyzes communications from more than 50,000 targeted Internet locations in real-time. The Company provides clients with critical information and counsel to protect their corporate image, measure consumer perceptions, and counter misinformation on the Internet. For more information visit our website at www.netcurrents.com.
This news release contains forward-looking statements within the meaning of Section 37A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties. A number of factors could cause actual results to differ from those indicated in the forward-looking statements, including NetCurrents' and Computer Associate's ability to continue to successfully market and provide services and maintain their effectiveness, the continuation of the collaboration between Computer Associates and NetCurrents, general economic conditions and other risks that are discussed in NetCurrents' and Computer Associates' filings with the Securities and Exchange Commission (including the Companies' Annual Reports on Form 10-KSB). The Companies undertake no obligation to publicly update or revise the forward-looking statements whether as a result of new information, future events or otherwise.
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