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Gold/Mining/Energy : Certicom Corporation (TSE:CIC, NASD:CERT) -- Ignore unavailable to you. Want to Upgrade?

To: J.W. who wrote (2285)	11/15/1999 8:23:00 AM
From: Factfinder	Read Replies (1) \| Respond to of 4913

Another interesting market niche for Certicom. This is a very security minded customer. newswire.ca

To: J.W. who wrote (2285)	11/15/1999 8:49:00 AM
From: Tom Drolet	Read Replies (2) \| Respond to of 4913

J.W.: Hate to give ENTU space here-- but it is a biggy.--From the National Post this am. Entrust poised to cross Web frontier Deal with Nokia to provide wireless e-commerce security Jill Vardy Financial Post OTTAWA - Entrust Technologies Inc. is partnering with the world's biggest mobile phone maker to develop software to let people use their mobile phones for secure electronic commerce. Entrust and Nokia are announcing today a plan to bridge one of the last Internet frontiers -- allowing electronic commerce transactions over the air between cellular or digital phones, pagers or personal digital assistants and the Internet. The announcement is the latest in a series of good news that has sent Entrust stock up by about $8 (US) in recent days. On Friday alone, it soared 18% or $5.88 to $39.13 in heavy trading (all figures in U.S. dollars). Entrust is a spinoff of Nortel Networks Corp., which is still its largest shareholder. Entrust's global headquarters is in Texas, but it has a large employee base in Ottawa. The partnership with Nokia, which owns 22% of the world's market for digital mobile devices, opens a new market for Entrust's security software. That software makes sure electronic commerce transactions over the Internet are safe from hackers and other security breaches. Eventually, mobile phone users will be able to access the Internet to buy goods and services, buy and sell stock, make bank account balance inquiries, pay bills and do other business and consumer transactions. Entrust's contribution will be the behind-the-scenes system to make sure those transactions are secure. Other corporate partners include e-Scotia.com, the Internet division of Bank of Nova Scotia, Entrust distributor Secom.co Ltd. of Japan and Sonera, the Finnish wireless operator that runs networks in Scandinavia, Finland and Asia. Nortel Networks Ltd.'s Asia-Pacific subsidiary is also a partner, building e-commerce applications for wireless carriers in Hong Kong. Entrust already supplies some of these partners with its Internet security software. The partners will help Entrust create and sell software and services that can be used by banks, e-commerce merchants and network companies to offer e-commerce features on mobile digital appliances. Michel Ranger, Entrust's director of strategic planning, said the first phones equipped with the necessary processors for secure wireless e-commerce will be on the market next year. "The uptake and the impact on Entrust's and our partners' revenues is going to be a function of how quickly electronic commerce Web sites see the demographics of mobile phones driving their business," Mr. Ranger said. Analysts are already bullish on Entrust's prospects in its existing markets. Bear Stearns & Co. Inc. reiterated a "buy" rating on the stock on Nov. 11 after meeting with John Ryan, the company's CEO, and David Thompson, Entrust's new CFO. "We continue to believe business remains strong and is poised to accelerate in 2000 as demand for end-to-end Internet security solutions for business to business e-commerce takes off," the brokerage house said. Entrust's new business line will work much like its more traditional security certificates, developed and sold through subsidiary Entrust.net. Entrust sells digital certificates that ensure Web servers are legitimate, registered sites for electronic commerce. Simply put, when a shopper goes on to a company Web site to buy a product, the shopper will be provided with a certificate ensuring that Web site is genuine and secure. The certificate gets automatically checked against a list of certificate numbers -- called root keys in the industry -- already built into the shopper's browser, such as Netscape or Internet Explorer.