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Harbinger Implements 128-Bit TrustedLink Templar Outside U.S. Using Its KMI License Exception
ATLANTA--(BUSINESS WIRE)--Aug. 12, 1998--Harbinger Corporation (NASDAQ:HRBC), a worldwide supplier of electronic commerce software, services and solutions, announced today that it has implemented its first KMI (key management infrastructure) license exception outside the U.S. with its TrustedLink(tm) Templar(R) encryption technology. This makes Templar the first U.S.-based product to provide international trading partners with the opportunity to send any document over the Internet using 128-bit self-escrow keys - the most powerful Internet security available.
The Chase Manhattan Bank uses Templar with a number of its key corporate cash management clients to provide security for its electronic commerce transactions including EDI payment instructions and related remittance information sent over the Internet. Templar's KMI license exception was an advantage to Chase when it recently agreed to provide the same services with a major Australian retailer. Harbinger's Australian distributor, Leadtec Systems, located in Melbourne, and Chase Australia, are jointly servicing the solution in the Asia-Pacific market for Chase's customers.
"Harbinger's KMI license exception for Templar enables Chase to expand already domestically tested Internet-based services to our international or multinational customers, providing them with powerful encryption and authentication technology," said Chase's Jeanine Khoury, vice president and product manager for Chase Treasury Solutions.
Until last September, when Harbinger was awarded KMI approval, the exportation of encryption products was limited to self-escrow key lengths of 40 bits. Self-escrow keys enable a company to appoint individuals as key recovery agents to watch over sensitive information. International clients can now send EDI and non-EDI information via the Internet using the most robust encryption available with the KMI exception.
David Leach, CEO of Harbinger, stated: "Our goal is to facilitate quick, reliable and secure Internet commerce on a global basis. This announcement marks the first time that Templar's most powerful encryption technology has been deployed abroad, setting a standard for secure, global application-to-application business transactions. This implementation with a large Australian retailer, using the KMI exception, validates the simplicity and utility of self-escrowed keys."
Since Chase uses global industry standards for communication and data security protocols, as well as message formats, there are no restrictions on the entities with which its clients can exchange payments. Once clients install Templar, they can use the same infrastructure to exchange non-financial information, such as trade documents, with business partners around the world.
About TrustedLink Templar
TrustedLink Templar provides authentication, confidentiality, data integrity and non-repudiation for business-to-business electronic commerce via the Internet. It automatically processes EDI documents, allowing trading partners to monitor the cycle of each interchange from origination through receipt. This results in a secure, auditable exchange of EDI documents with positive verification of sender, receiver, size, integrity and time of delivery. In addition, TrustedLink Templar's Object Transport guarantees secure transport of non-EDI documents, such as CAD/CAM drawings, reports and spreadsheets, as well. TrustedLink Templar has changed the way businesses conduct EDI by leveraging the wide availability and high performance of TCP/IP networks, and operating securely and seamlessly within a trading partners' existing EDI infrastructure. Today Templar uses 128-bit keys and will soon make available 168-bit keys.
About Harbinger
Harbinger Corporation is a worldwide, single-source provider of electronic commerce software, services and solutions serving the industry's largest software and network customer community. The company is dedicated to providing comprehensive and scalable E-Commerce software and Value Added Network services for computing platforms ranging from desktops to mainframes and meeting the emerging market needs for Internet and Web commerce solutions, including electronic catalogs and secure EDI over the Internet. Harbinger is headquartered in Atlanta, Georgia and provides worldwide support to its customer community from multiple U.S. and overseas operations facilities. For additional information on this announcement and Harbinger's full line of products and services, visit the World Wide Web at www.harbinger.com.
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Harbinger Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include dependence on new products, industry standards and risks of product development. Additional factors are set forth in the Safe Harbor Compliance Statement for Forward-Looking Statements included as Exhibit 99.1 to the Company's Annual Report on Form 10-K for the year ended December 31, 1997. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
NOTE TO EDITORS: Harbinger, the Harbinger logo and Templar are registered trademarks and TrustedLink is a trademark of Harbinger Corporation. All other company and product names referenced herein are registered trademarks or trademarks of their respective owners.
About TrustedLink Templar
Contact: Harbinger Corporation
ÿ Jim Van Dyke, Director of Product Marketing
ÿ 925/688-3054
ÿ jim.vandyke@harbinger.com
ÿ or
ÿ The Chase Manhattan Bank
ÿ Lisa Selkin-Lupo, Corporate Communications
ÿ 212/270-5246
ÿ lisa.selkinlupo@chase.com
Wednesday August 12 11:59am
Source: BusinessWire
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