Motorola and VeriSign Unveil Plans to Deliver Secure E-Commerce To Wireless Market
January 18, 2000 08:31 AM
SAN JOSE, Calif., Jan. 18 /PRNewswire/ -- At the RSA Conference 2000, Motorola MOT and VeriSign, Inc., VRSN today announced they have signed a Memorandum of Understanding that outlines a strategic relationship with the intent to jointly develop and market solutions to enable secure and trusted e-commerce transactions to users of Internet-enabled wireless devices.
As an example, consumers will be able to purchase items using their Internet-enabled wireless phone with the confidence that the merchant is who they say they are and their purchase information is private and secure. Merchants will likewise be confident that consumers' identities are valid.
VeriSign is the world's leading provider of Internet security services (also known as trust services), which include authentication, validation, and payment. Security has increased confidence in Internet commerce. By bringing the same trusted transaction capabilities which exist in the wired world to wireless users, confidence in e-commerce over Internet-enabled wireless devices is expected to grow.
"The continued growth in wireless voice and data communications has opened up a broad new frontier for mobile e-commerce applications and services," said Janiece Webb, Senior Vice President and General Manager of the Personal Networking Group for Motorola. "By using VeriSign's global trust infrastructure we expect to deliver unparalleled solutions to new and existing customers and consumers. We plan to enable people to perform critical secure transactions where and when they want to do them. We will bring the Internet to wireless and power to the person with complete `end-to-end' solutions through the carrier or service provider."
"By building the foundations for secure, standards-based, wireless e-commerce, we will enable a broad range of new services for consumers, carriers, and service providers," said Richard Yanowitch, Executive Vice President of Marketing for VeriSign. "By combining Motorola's leadership in the wireless communication market with VeriSign's proven experience in developing trust services for the Internet, we are accelerating the time when wireless e-commerce is a common, everyday occurrence."
To enable secure and trusted wireless transactions, Motorola and VeriSign intend to jointly fund development of a broad range of solutions for wireless device manufacturers, carriers, consumers, and e-commerce service providers (such as financial institutions, media companies, ASPs -- Application Service Providers, and Business-to-Business and Business-to-Customer exchanges).
Motorola and VeriSign intend to develop solutions that:
1) Ensure that the subscribers are really who they claim to be -- AUTHENTICATION 2) Verify that subscribers are authorized to conduct particular transactions -- VALIDATION 3) Protect sensitive information from compromise as it passes between devices, carriers, gateways, and service providers -- ENCRYPTION 4) Ensure that transactions can not later be contested -- NON-REPUDIATION 5) Facilitate settlement of transactions between buyers and sellers -- PAYMENT
The solutions may include:
-- Server-side solutions -- supporting Wireless Application Protocol (WAP)traffic secured using the Wireless Transport Layer Security (WTLS) standard. -- End-to-End Client Authentication Solutions -- enabling mobile users to reliably identify themselves and to sign in a way that can be verified throughout the entire communications channel. -- Directory and Validation services -- enabling appropriate parties throughout the communication channel to find appropriate users and validate transactions and individuals.
The combined technologies of Motorola and VeriSign will be used to enable a broad range of secure wireless solutions. For example, today a Motorola WAP Server incorporating a Class 2 implementation of WTLS that utilizes VeriSign-signed certificates allows Internet-enabled wireless devices to make secure e-commerce transactions.
About VeriSign
VeriSign, Inc. is the leading provider of Internet trust services -- including authentication, validation and payment -- needed by Web sites, enterprises and e-commerce service providers to conduct trusted and secure electronic commerce and communications over IP networks. VeriSign's trust services for Web sites, developers and individuals are available through www.verisign.com and through a growing number of ISPs and Web hosting companies. The company's digital certificate services for enterprises and electronic commerce service providers are available through regional account representatives, resellers, and global affiliates.
About Motorola
Motorola is a global leader in providing integrated communications solutions and embedded electronic solutions. These include: software-enhanced wireless telephone, two-way radio, messaging and satellite communications products and systems, as well as networking and Internet-access products, for consumers, network operators, and commercial, government and industrial customers. Sales in 1998 were $29.4 billion. Additional information is available at www.motorola.com.
Except for historical information, all of the expectations and assumptions contained in the foregoing are forward-looking statements involving risks and uncertainties. Important factors that could cause actual results to differ materially from such forward-looking statements, include, but are not limited to, delays and difficulties in product development, changes in customer requirements, failure to develop or maintain strategic partner relationships, technological changes in the computer industry, the competitive environment for our products, changes of rates of all related services and legislation that may affect the industry. For additional information regarding these and other risks associated with Motorola's and VeriSign's business, refer to the Motorola's and VeriSign's reports filed with the SEC. Neither Motorola nor VeriSign assumes any obligation to update the forward-looking information contained in this press release.
NOTE: All rights reserved. VeriSign is a registered trademark exclusively licensed to VeriSign, Inc. VeriSign OnSite service mark of VeriSign, Inc. Motorola is a registered trademark of Motorola, Inc. All other trademarks are properties of their respective owners.
SOURCE VeriSign, Inc.
|
