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.

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

To: Frank Ferrari who wrote (3500)	6/5/2000 10:31:00 AM
From: Frank Ferrari	Respond to of 4913

More partner news (maybe more blinds?) Visa International Selects Baltimore Technologies to Provide Secure e-Commerce Infrastructure Baltimore Technologies' Secure Web Access Solution Offers Flexibility in Meeting Consumer Demands for Secure Online Payment Programs Dublin, Ireland -- June 5, 2000--Visa International has selected Baltimore Technologies' (NASDAQ:BALT; London:BLM) secure web access solution to provide the infrastructure necessary to secure, protect and authenticate online payment transactions for member banks, their customers, and online merchants worldwide. This Baltimore secure web access solution enables Visa to operate its own digital certificate management system and issue Visa-branded digital certificates-online credentials that validate a person's online identity. "Validating a digital certificate is the electronic equivalent of a consumer looking for the Visa acceptance flag in a merchant's store window, or a merchant checking the consumer's signature on the back of a Visa card," said Tom Manessis vice president of Internet and Acceptance Channels at Visa International. "Our Visa-branded digital certificates give our Member banks the confidence and security they need to deliver digital certificates to their own merchants and consumers. They help ensure that transaction information remains secure and confidential and that only authorized parties can participate in the transaction. Baltimore Technologies' secure web solution helps build this strong chain of trust that is essential to Visa and our member banks." Visa digital certificates provide improved protection of card numbers and other confidential information sent across the Internet. By using sophisticated cryptographic techniques, these digital certificates make cyberspace a safer place for conducting business and will boost consumer confidence in electronic commerce by making Internet transactions as safe as those made "face-to-face" in brick and mortar merchant locations. After an extensive review of competitive vendors, Visa selected the Baltimore Technologies secure web access solution, which met or exceeded Visa's strongest requirements. Visa is also committed to the adoption and development of public key infrastructure technology (PKI) - software and systems that issue and manage digital certificates - in which Baltimore Technologies products play a critical role. Baltimore Technologies' proven technology lets Visa deploy new electronic commerce initiatives in a secure manner that meet the online payments market demands of Visa and its worldwide membership of financial institutions. "Baltimore Technologies products and services help Visa and its member banks transition into the e-commerce economy without compromising the security that their customers have known in the brick- and-mortar world," said Paul Paget, vice president of business development, Baltimore Technologies Americas. "Visa's Baltimore-based certificate authority-will continue to solidify Visa as a recognized and trusted leader in the Web marketplace." About Baltimore Technologies Baltimore Technologies develops and markets security products and services to enable companies to develop trusted, secure systems for e-business, the Internet and mobile commerce. Its products include a wide range of Public Key Infrastructure (PKI) products and services, wireless e-security solutions, cryptographic tool-kits, security applications and hardware cryptographic devices. Baltimore's global professional services organisation offers a wide variety of consulting, training and deployment support to its customers worldwide. Baltimore Technologies markets and sells its solutions worldwide directly and through the TrustedWorld Channel program. TrustedWorld includes many of the world's leading technology companies and a wide variety of global, regional and local business alliance partners. Baltimore Technologies employs over 700 people worldwide and operates from over 20 cities with headquarters in Dublin, Ireland; London, UK; Boston, USA and Sydney, Australia. Baltimore Technologies plc is a public company with dual listings on NASDAQ (BALT) and the London Stock Exchange (BLM). Intel Corporation is a minority shareholder in the Company.

To: Frank Ferrari who wrote (3500)	6/5/2000 11:08:00 AM
From: whitephosphorus	Respond to of 4913

CERT:B-Spec;CERTICOM TARGETS WIRELESS VPN MARKET, FORGERS MULTIPLE ALLIANCES Dain Rauscher Wessels a division of Dain Rauscher Incorporated * Certicom announces a new VPN client for wireless and mobile markets. * Major industry players are expected to incorporate and promote Certicom's ECC technology. * We believe this latest round of support from significant players further validates Certicom's unique and superior offering and underlines its leadership position in the rapidly expanding wireless security market. * We reiterate our Buy-Speculative rating on CERT shares with a 12-month price target of $65. Certicom Corp. NASDAQ:CERT Rating: Buy Risk: Speculative Price Target: $ 65 Jun 5, 2000 _____________________________________________________________________________ Price: $50.12 \| Fiscal Yr Prev EPS P/E 52-Wk Range: $166-$7 \| Apr/2000E ($0.87) NM Tr. 12 ROE: NM \| Apr/2001E ($1.42) NM 3 Yr EPS Gr: NM \| Apr/2002E ($1.10) NM Shares Out: 12.75 million \| 2000 Q4 ($0.41) Book Value: \| Market Cap: $639.09 million\| _____________________________________________________________________________ Calendar Yr Prev EPS P/E 1999A ($0.71) NM 2000E ($1.41) NM 2001E ($1.24) NM _____________________________________________________________________________ Fiscal Yr Prev Revenue* MC/Rev Apr/1999A $4.04 NM Apr/2000E $11.76 54.3x Apr/2001E $20.53 31.1x Apr/2002E $33.70 19.0x Calendar Yr Prev Revenue* MC/Rev 1999A $8.88 71.9x 2000E $17.37 36.8x 2001E $28.67 22.3x __________________________________________________________________________ INTERNET INFRASTRUCTURE AND APPLI Stephen Sigmond (612) 313-1223 ssigmond@dainrauscher.com CERT:B-Spec;CERTICOM TARGETS WIRELESS VPN MARKET, FORGERS MULTIPLE ALLIANCES Details: \|\|Certicom announced a new VPN client for wireless and mobile devices. Targeted at corporate users, the software client is expected to enable easy incorporation of standard wireless and mobile devices into enterprise VPNs. The client is designed to provide interoperability with current VPN products by supporting a wide range of encryption algorithms (including Certicom's high-performance ECC technology targeted at wireless VPNs). Alliances were also announced to achieve interpretability with offerings from major VPN vendors including Cisco, Check Point, Nortel, Alcatel, AXENT Technologies, Enterasys Networks, Intel, Qualcomm, and Spring Tide Networks. In addition, the new client will enable existing IP-enabled handheld devices to be covered by VPN service providers. Under these alliances, Certicom is expected to enjoy a preferred technology provider status with its partners. Furthermore, the partners are expected to re-engineer their wireless offerings to incorporate Certicom's ECC technology. A beta version of the new client is expected later this month with a production version available towards the end of this year. The client will initially support Palm OS, followed by WinCE, and EPOCH operating systems. \|\| \|\|Analysis: \|\|We believe the new product announcement and alliances offer a win-win proposition for all parties involved-with significant strategic advantages for Certicom. We believe both the wireless device manufacturers (e.g., Palm) and service providers (e.g., Qualcom) are seeing increased demand from corporate customers for wireless VPNs. The superior performance of Certicom's ECC-based offering (up to 100x faster in VPN applications compared to traditional solutions) and the new software client would offer a quick and efficient realization of wireless VPN using standard wireless devices. We believe Certicom stands to benefit three-fold from its product and alliance initiatives. First, by proactively introducing the industry's first software client to secure standard wireless devices, Certicom is not only securing its leadership position but also expanding its market opportunity. Second, the alliances with major industry players and their willingness to re-engineer products are firm validations of Certicom's technology and product offerings, and would result in valuable co-branding opportunities. Finally, the new alliances provide Certicom access to a huge installed base of wireless and mobile devices. \|\| \|\|While revenue impact is not expected until the early part of next year, we believe that seeding future revenue streams via a wide installed base is critical at this stage of the game. As end-users initiate security for their wireless devices, Certicom expects to earn yearly subscription fees for each device deploying its technology. Stock Opinion We reiterate our Buy-Speculative rating and 12-month price target of $65 on CERT shares. Our target is based on a 29x multiple of our calendar 2001 revenue estimate of $28.7 million, a valuation that is in line with comparable Internet companies. Company Description Certicom Corp. is the leading encryption technology company specializing in security solutions for mobile computing and wireless data markets.