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Technology Stocks : VeriSign (VRSN)
VRSN 244.230.0%Jan 30 9:30 AM EST

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To: fred woodall who wrote (167)4/27/1998 3:38:00 PM
From: fred woodall  Read Replies (1) of 1285
 
I'm in 35.250 Litronic and UWI.Com Partner with VeriSign to Provide Integrated Solution;
12 Federal Agencies Engage in Pilots to Secure Online Applications

WASHINGTON, Card Tech/Secure Tech, April 27 /PRNewswire/ --VeriSign(TM),
Inc. (Nasdaq: VRSN), the leading provider of enterprise public key
infrastructure (PKI) solutions, today announced that 12 Federal government
agencies have chosen VeriSign's E-Commerce Solutions to pilot the use of
digital certificates by employees, trading partners, and citizens for secure
communications and transactions over open networks. VeriSign E-Commerce
Solutions, announced in January 1998, allows organizations to quickly and
easily establish themselves as certificate authorities (CAs) using front-end
software coupled with VeriSign's mission-critical back-end certificate
processing services. The offering provides a high level of control over end-
user authentication, certificate issuance and management, scalability to
millions of certificates, fast time to market, and low cost of ownership.
"We started the Federal Markets Division over a year ago to deliver our
core products and services to this specialized enterprise segment," said
Richard Yanowitch, VP of marketing at VeriSign, Inc. "The pilot adoption of
our solution by this wide variety of agencies demonstrates that the Federal
government is embracing the promise of e-commerce while ensuring that
communications and transactions remain secure."
In an ongoing effort to streamline key processes while simultaneously
reducing costs, federal agencies are embracing the benefits of intranets,
extranets, and the Internet to communicate and transact with employees,
citizens, and trading partners. The large and disparate universe of users,
diverse hardware and software systems, and massive aggregates of data make the
Federal government a well-suited environment in which to deploy solutions
based on open networks and interoperability. However, in order to fully
embrace and leverage these solutions, government agencies need to ensure that
their applications are secure and private. VeriSign digital certificates
provide significantly stronger security for access control than usernames and
passwords; serve as non-forgeable electronic identity badges for users to
access privileged corporate data via the Internet; and provide confidentiality
for internal and external communications by enabling users to digitally sign
and encrypt email messages.
"While the core security needs for the Federal government are not
different than the commercial sector, there is a heightened awareness of the
importance of sensitive information that gets moved through government
networks every day," said Nick Piazzola, VP of VeriSign's Federal Markets
Division. "With VeriSign E-Commerce Solutions' blend of software and
processing services, federal agencies can get up and running as Certificate
Authorities (CAs) in days and feel confident that their information is
secure."
To serve the needs of government agencies implementing security for a
range of e-commerce applications, VeriSign E-Commerce Solutions includes PKI
software modules, which allow enterprises to automate and integrate digital
certificate lifecycle management functions seamlessly with existing databases
and legacy applications. At the heart of VeriSign E-Commerce Solutions is
VeriSign OnSite, a breakthrough solution which combines the customizable
features and control of a product with VeriSign's world-class expertise and
experience in operating a large-scale certificate management operation.
"The Federal government is using digital certificates for security and
privacy in pilot situations today, and they are on track to fully deploy over
the next 12 months," said Kelly Kavanagh, research director at International
Data Corporation (IDC). "Agencies will focus on solutions that provide
technical interoperability and scalability and are based on commercially-
accepted standards."
VeriSign's other announcements today -- partnerships with Litronic and
UWI.Com -- further enhance the integrated Certificate Authority solution for
the Federal government.

VeriSign and Litronic, Inc.
Building on an existing partnership between the two companies, VeriSign and
Litronic will co-market ProFile Manager with VeriSign OnSite to provide cost-
effective smartcard/digital certificate integration for federal agencies.
"The combination of digital certificates and smartcards is a powerful one and
we are confident ProFile Manager and OnSite will deliver a compelling solution
to the federal government," said Chandrah Shah, vice president, Litronic, Inc.

VeriSign and UWI.Com
Either in paper or electronic format, the Federal government conducts a
lot of its business using forms. The combination of VeriSign and UWI.Com
gives organizations the ability to create, distribute, and archive digitally
signed forms across the Internet. "We're excited about the opportunities to
marry forms delivery and digital certificate solutions to this critical
market," said Eric Jordan, president, UWI.Com.

About VeriSign, Inc.
VeriSign, Inc. (Nasdaq: VRSN) is the leading provider of digital
certificate solutions for intranets, extranets and Internet commerce.
VeriSign E-Commerce Solutions are available through VeriSign regional account
representatives or through VeriSign resellers. For more information visit
VeriSign's web-site at verisign.com.

VeriSign is a registered trademark exclusively licensed to VeriSign, Inc.
Digital ID and Digital ID Center are service marks of VeriSign, Inc. All
other trademarks are properties of their respective owners.

SOURCE VeriSign Inc.
-0- 04/27/98
/CONTACT: Kelly Ryan of VeriSign, Inc., 650-429-3424, ryan@verisign.com;
or Amy Royer of Blanc & Otus, 415-512-0500, aroyer@bando.com/
/Web site: bando.com
/Web site: verisign.com
(VRSN)

CO: VeriSign Inc.; Litronic, Inc.; UWI.Com
ST: California, District of Columbia
IN: CPR
SU: JVN
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