Big News on DATM!! B2B Time Stamp solution
Monday January 17, 10:10 am Eastern Time
Company Press Release
SOURCE: Datum eBusiness Solutions
Datum eBusiness Solutions Pioneers Trusted Time(TM)
Partners With Entegrity Solutions to Provide World's First Secure and Auditable Electronic Time Stamp
Booth # 842 at RSA 2000
SAN JOSE, Calif., Jan. 17 /PRNewswire/ -- Today at RSA 2000, Datum (Nasdaq: DATM - news) eBusiness Solutions, a leading provider of secure time reference and information distribution solutions, announced Trusted Time(TM), the first solution to provide e-business with a secure and auditable time stamp. Trusted Time enables any electronic event -- from digital signatures to stock purchases to document filings to invoice payments -- to have a certifiable, traceable, and verifiable time stamp. End-user organizations, Time Stamp Authorities, or Certificate Authorities will be able to deploy a world-class, secure time stamp solution within their IT infrastructure to create the first non-repudiatable electronic audit trail for time stamps.
``Simply put, e-business is flourishing, yet little work has been done to create online legal guidelines for conducting business. Currently, there aren't any mechanisms to produce a time stamp that cannot be disputed globally,' said Mark Hastings, President of Datum eBS. ``Our latest solution, Trusted Time, fills this gap by offering enterprises conducting e-business a certifiable, and by effectively utilizing Public Key Infrastructure technology (PKI), a secure audit trail for time stamps in their electronic transactions. This allows tracing of the time path from a National Time Authority down to the time stamp source. As more business is conducted online, verification and validation of when activities occur will become an essential part of the online world.'
Trusted Time's security and audit features significantly improve the authenticity, traceability and verification of electronic time stamps. The Trusted Time solution is comprised of specialized software and secure network timing devices; Datum Trusted Master Clocks and Trusted Local Clocks, that are linked to a National Timing Authority, such as the National Institute of Standards and Technology (NIST) in the U.S.
Trusted Time ensures that the transmission of time from the National Time Authority to the local time stamp system is precise and secure. This system performs a thorough accounting of time stamp records by storing all transactional information associated with the source of time and the issuing of time stamps.
In order to meet the demanding security and auditing requirements to produce trusted time stamps, Trusted Time is integrating best of breed PKI technology from Entegrity Solutions. ``Entegrity is pleased to partner with Datum eBS and deliver critical business-to-business (B2B) security technology and services to this world-class Trusted Time Solution' said Art Goldberg, Vice President of Business Development and Co-Founder of Entegrity Solutions. ``Datum's quality, reputation, and extensive history in the precision time source business, enhanced with the PKI security necessary in the B2B e- Commerce market, will provide a premier time stamping solution to our global partners and clients'.
Additionally, Trusted Time incorporates industry standard security and cryptographic technologies for key exchange, authentication, and integrity of the time stamp information.
Availability
Trusted Time is being demonstrated at the RSA 2000 Show with a Microsoft Outlook email application and Datum eBS Confidential Courier© secure information distribution software. The Trusted Time solutions will be available by May 2000. A fully functional implementation would be comprised of a Trusted Master Clock, Trusted Local Clock and Trusted Time software module. Prices will vary based on the number of modules and time references required.
About Datum eBusiness Solutions (Booth 842 at RSA)
Datum eBusiness Solutions is a leading provider of secure time and information distribution solutions. The rapid evolution of ``paper to bits' and e-commerce has created a need for secure electronic time stamping, the synchronization of IT components, and the protection of easily proliferated electronic information. Datum solves these issues with Trusted Time(TM) secure time stamping solutions, TymServe(TM) NTP system independent time servers, and Confidential Courier information distribution software -- all critical parts of a successful e-business infrastructure. Additional information about Datum eBusiness Solutions is available at www.datum.com .
About Entegrity Solutions (Booth 941 at RSA)
Founded in 1996, Entegrity Solutions secures standard, custom and legacy applications for the business-to-business (B2B) e-commerce needs of the Global 1000. Based on a comprehensive, standards-based secured application platform, Entegrity-Enabled(TM) applications work together in an open directory and public key infrastructure (PKI). Entegrity's product lines include solutions for securing enterprise messaging and Web applications. The Entegrity core secured application platform, Entegrity SDP(TM), as well as Entegrity AssureWeb(TM), Entegrity AssureMail(TM), Entegrity Secrets(TM), Entegrity SafePages(TM) and Entegrity Security Consulting Services are offered worldwide. Headquartered in San Jose, California, the company has sales, operations and R&D facilities in Sweden, the UK, Germany and the US. For more information please visit the Entegrity Web site at www.entegrity.com.
This press release contains forward-looking statements. The forward- looking statements, which reflect management's best judgment based on factors currently known, involve a number of risks and uncertainties, including the following: uncertainty of acceptance of Datum's products and technology, uncertainty of intellectual property protection, and competition. These factors and other risks inherent in Datum's business are described from time to time in the Company's SEC filings, including its Annual Report Form 10-K for the year ended December 31, 1998 and form 10-Q for the quarter ended Sep. 30, 1999. Actual results may vary materially. Datum undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Confidential Courier is a registered trademark of Digital Delivery, Inc., a wholly owned subsidiary of Datum Inc. The Datum name and logo are trademarks of Datum Inc. All other trademarks are the property of their respective owners.
SOURCE: Datum eBusiness Solutions |