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


To: Happy Harry who wrote (597)3/17/2000 10:39:00 AM
From: Rick Escher  Respond to of 1205
 
John Ryan on CNNFN this morning. Here is a partial transcript courtesy of tveyes.com.

Moving on.

>>> Entrust technologies makes software that protects the privacy of internet communications. The company recently announced their acquisition of silicon valley-based cignacom, a company that provides internet security systems to the federal government. And this week, the company announced its alliance with ibm to provide e-business solutions to customers in over 160 countries. The street seems to approve. Shares rose almost 15 points yesterday, to close at 114. Our guest now is the man who runs entrust technologies john ryan who joins us the president and ceo from dallas, texas happy st. Patrick's day.

>> Thank you, jack.

Jack: How ya doing. The street likes what are you doing the stock of up yesterday give me an idea how you provide internet security to company how does the company work.

>> Sure in a nutshell entrust technologies actually may be internet safe for ebbs. For e-business we are global rider for secureing e-business relationship we do that by bringing trist to communication that companies conduct with customer and business and supplies even internal users.

Jack: Safety of doing business on the internet absolutely key to the successes of this venture fleeblly is it not. If consumer and users ever get idea that it is not a safe place to do business the whole thing is in a lot of trouble.

>> Certainly. Save they is one of critical underpinning and you know entrust uniquely positioned as we've seen estimates as much as 7 trillion dollars of business will migrate to internet by year 2003. And on. We believe you cannot achieve those type of lowest goals without trust of trading partners and customer that is type of solution we provide

>> tell me about the company cignacom solution that you acquired. What is this specialty niche they occupy why are they part of your business plan.

>> Cignacom splutions and a 50 pro sig the specialize in 69ing and implementing tequila -- security systems

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...travel but nobody wanting to know where a general is going either all sim we deliver help them modernize not only internal use but as government reaches out become one of business to business entities that we deal with.

Jack: All right and the other deal they alluded to was the arrangement with ibm tell us about that.

>> We have been partners with ibm back to 1996. Entrust technologies has had a number of strategic relationships with them. And now we've partnered with ibm global services organization they can deliver our solution globally it their customers extension of long standing relationship we've had. When added to announcement of prior week with ariba we think particular we can deliver procurement and business-to-business system to our customer globally with world-class partners.

>> When you look toward future, other acquisition and co-deals you see ahead for your company. Tell us what look at down the road.

>> We're very focused on this exploding business-to-business market. Believe we're uniquely positioned to address it as we look at some technology to round out portfolio like authorization and rights management will be important down the roimpd will continue to invest in check out technologies in those areas and otherwise we think we have the complete swoourt of portfolio todayed to to deliver those solution to customers.

>> You are also active overseas and the growth of the internet is tending to lag a little bit in most of overseas market from where it is in the united states.

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....announcing ability to integrate technology in wireless arena we feel global aspect of business is very important. And the emerging area of wireless will help accelerate europe japan and asia quickly into internet world.

Jack: All right, john thank you.

>> Thank you so much for your time jack.

Jack: All right john ryan president and ceo of entrust technologies joining us from texas.