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Technology Stocks : Entrust Technologies Inc (ENTU) -- Ignore unavailable to you. Want to Upgrade?


To: Happy Harry who wrote (214)6/14/1999 9:12:00 AM
From: Frank Ferrari  Read Replies (5) | Respond to of 1205
 
Alliance

Monday June 14, 9:01 am Eastern Time
Company Press Release
nCipher and Entrust Technologies Secure Partnership Agreement
nFast/KM hardware key management devices offer enhanced security to Entrust/PKI(TM) application users
WOBURN, Mass.--(BUSINESS WIRE)--June 14, 1999-- nCipher, Inc., the leading developer of electronic commerce security solutions, today announced a partnership with Entrust® Technologies Inc. (Nasdaq:ENTU - news) and also announced that the company has become an Entrust Technologies Hardware Partner. The partnership will enrich Entrust's offering of electronic business security solutions with the addition of nCipher's key management expertise for complete life-cycle management of digital certificate keys.

''nCipher is the industry leader for cost-effective protection, reliability and increased performance for demanding PKI-enabled E-business and e-Commerce systems'', said Jim Hurley, the Managing Director of Information Security at Aberdeen Group. ''Entrust is taking a leadership position by bringing high-scale e-commerce solutions to IS executives who must service thousands, to hundreds of thousands, to millions of users and transactions.''

Organizations using Entrust's PKI solutions will have the option to benefit from nCipher's nFast/KM and nFast/CA hardware key management solutions. nFast/KM and nFast/CA protect sensitive cryptographic keys in Federally-certified tamper-resistant hardware, and accelerate digital signatures by offloading cryptographic processing from the host server to a dedicated peripheral. Proven to be among the most secure cryptographic key management products in the world, the nFast/CA provides high-quality key generation and storage functions in tamper-resistant hardware. nCipher's solutions provide customers with the highest levels of cryptographic security, while simultaneously increasing the performance of applications using digital signatures.

''We are committed to delivering total security solutions to our worldwide customers who have unique security needs and require comprehensive solutions,'' said Bob Heard, Senior Vice President, Marketing and Business Development, Entrust Technologies Inc. ''When additional levels of performance and protection are required, our customers turn to hardware. Our partnership with nCipher helps us secure the enterprises and operations of our customers in a way that meets their needs, and complements their business processes.''

The integration of the Entrust and nCipher technologies is designed to ensure root-signing keys are generated and stored on a hardware device to reduce the risk of jeopardizing security. nCipher's award-winning key management technology combines encryption and digital signature capabilities with Entrust's security solutions expertise to offer fully automated key management to customers worldwide.

''Global financial institutions and major corporations have identified the need for high-quality hardware for secure key generation, storage and back up. nCipher's nFast/KM and nFast/CA products add the extra level of security, speed and scalability required by Entrust's customers worldwide,'' said Rich Kosinski, Senior Vice President, Worldwide Sales and Marketing at nCipher Inc. ''The nCipher-Entrust Technologies partnership will provide our mutual customers with proven solutions to many of their network security challenges.''

About Entrust

Entrust Technologies Inc. is a global leader in providing products and services that allow e-businesses to manage trusted, secure electronic transactions over today's advanced networks, including the Internet, extranets and intranets. Since 1994, Entrust Technologies has been providing award-winning solutions to global enterprises, government entities, small to mid-sized businesses and individuals. Over four million Entrust Technologies users have been licensed with digital certificates to date. Entrust Technologies Inc. is headquartered in Plano, Texas with offices in Canada, the United States, the United Kingdom, Switzerland, Germany and Japan. For additional information please visit entrust.com.

About nCipher

nCipher develops products that simplify the use of cryptography in applications such as Internet security and electric commerce. Brothers Alex van Someren and Dr. Nicko van Someren founded the company in 1996. The company's nFast 300 cryptographic accelerator was recently awarded Network Computing's 1999 Editor's Choice award and was proven to be the fastest accelerator available. nCipher is the only vendor capable of shipping strong cryptography solutions worldwide. The company has offices in Cambridge, UK; Boston, MA; New York, NY; and San Mateo, CA. nCipher's nFast/CA is the only combined key management and cryptographic accelerator solution to be certified under U.S. Government Federal Information Processing Standard (FIPS) 140-1, Level 3.



To: Happy Harry who wrote (214)6/15/1999 1:02:00 PM
From: caly  Read Replies (1) | Respond to of 1205
 
This link was just posted on Yahoo. I agree with the poster that I usually don't try to read too much into insider selling, but this is a lot of shares.

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