Tuesday March 9, 7:32 am Eastern Time
Company Press Release
SunStar Communications Selects Intelispan for VPN and Dedicated Internet Services
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--March 9, 1999--Intelispan Inc. (OTC BB:IVPN - news) and SunStar Communications jointly announced a strategic agreement to offer Intelispan's leading edge Virtual Private Network (VPN) and Internet services to SunStar customers.
SunStar has recently signed contracts with two credit unions to provide VPN Services and Dedicated Internet designed specifically for home banking applications.
''We've had 25 years of experience in developing and implementing leading edge technology for the financial services industry,'' said John Hobko, president and CEO of SunStar Communications. ''We have our first circuits installed in two credit unions and look forward to adding additional financial institutions. This represents a tremendous opportunity for us, as the use of electronic banking services is growing exponentially.''
SunStar Communications is a Phoenix-based company that sells secure Internet services over an intelligent, private network to financial institutions. In addition, SunStar is positioned to incorporate Secure Electronic Transaction (SET) standards using SunStar's smart card technology to store digital certificates and public and private key information as soon as it becomes a published standard. Additionally, Internet security can be further enhanced through integration of biometrics technology (fingerprint, digital picture identification) utilizing SunStar's smart card technology. These security enhancements combined with SunStar's communication solutions, ensure SunStar's position within the global financial Internet market.
''We're happy to add SunStar as one of our strategic channel partners,'' said Ron Loback, senior vice president and COO of Intelispan. ''We believe our communications solutions are a perfect fit for the financial industry, and that we complement SunStar's existing Smart Card technology well.''
Intelispan's security architecture includes four distinguishing features not found in other VPN solutions: Public Key Infrastructure (PKI) authentication at the network level, policy based network access control, strategic private IP addresses, and encryption at the application level as opposed to session layer encryption (tunneling or SSL). Intelispan also offers software that encrypts documents at the application layer, enabling corporations to effectively and securely exchange mission-critical data with other members of their collaborative trading community. Intelispan uses industry standards, security, and process management to automate connections with multiple trading partners.
About Intelispan
Intelispan is a Scottsdale-based company specializing in secure business communications. Intelispan provides secure remote access to non-Internet based VPN services and enables the rapid deployment of electronic trading communities. Intelispan has shares listed for trading on the NASD OTC Electronic Bulletin Board (OTC BB:IVPN - news). For more information, visit Intelispan on the World Wide Web at www.intelispan.com.
This release includes certain ''forward-looking'' statements, including statements regarding, among other items, the company's growth strategy, industry and demographic trends, the company's ability to generate additional sales of its products and anticipated trends in its business. Actual results could differ materially from these forward-looking statements as a result of a number of factors, including the company's need for additional financing, intense competition in various aspects of the company's business, the risks of rapid growth, dependence on key personnel, product obsolescence, and/or lack of market acceptance and other related factors.
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Contact:
Intelispan, Scottsdale
Nina Christensen, 602/443-3999
nchristensen@intelispan.com |
