Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : VeriSign (VRSN) -- Ignore unavailable to you. Want to Upgrade?

To: Norm Demers who wrote (812)	12/13/1999 5:50:00 PM
From: Patriarch	Respond to of 1285

U.S. to delay until January encryption export rules WASHINGTON, Dec 13 (Reuters) - The Clinton administration will delay by about a month the release of new rules easing export of computer data-scrambling products, missing a previously announced December 15 deadline, sources familiar with the rules said on Monday. In September, the administration announced it would dramatically relax export restrictions on encryption products, which have become an increasingly critical means of securing global communications and electronic commerce on the Internet. The announced easing of export restrictions reflected the growing importance of encryption in commercial, non-military industries, as well as the growth of non-U.S. companies willing and able to meet market demand for encryption products. But a draft of the new administration rules issued last month drew widespread criticism from high-tech companies and Internet advocacy groups, who complained the proposal was unworkable and fell short of the promises announced in September. Sources familiar with the new rules said the administration needed more time than expected to revise the draft rules. Software vendors like Microsoft Corp. (NasdaqNM:MSFT - news) and Network Associates Inc.(NasdaqNM:NETA - news), hardware makers like IBM Corp. (NYSE:IBM - news) and Cisco Systems (NasdaqNM:CSCO - news) along with privacy and Internet advocacy groups have been lobbying for years for easier encryption exports.