Speaking of VRSN, here's some TMWD news....
TMWD : TUMBLEWEED COMMUNICATIONS CORP (NASDAQ)
All Headlines
Tumbleweed to Integrate Verisign's Payment Services With Secure Communications Platform to Enable Electronic Statement Presentment and Payment
REDWOOD CITY, Calif., Jun 29, 2000 (BUSINESS WIRE) --
Solution Combines Secure Online Statement Delivery with one-click
Payment Purchasing
Tumbleweed Communications Corp.(R) (NASDAQ: TMWD chart, msgs), a leading provider of advanced e-mail solutions for business communications, and VeriSign, Inc. (NASDAQ: VRSN chart, msgs), a leading provider of Internet trust services, today announced that VeriSign's Payment Services will be integrated with Tumbleweed Integrated Messaging Exchange(TM) (IME(TM)) secure communications platform to provide a complete solution for electronic statement presentment and payment. The solution will be available to customers such as financial institutions, retailers, telecommunications and healthcare companies, in the third quarter of 2000. VeriSign and Tumbleweed also intend to collaborate on next-generation services such as digital receipts and solutions tailored to wireless networks.
Through the integration of VeriSign's Payflow Pro payment service with the IME platform, Tumbleweed will provide customers with the ability to deliver online statements to end-users and process corresponding payments with the ease and simplicity of "one-click". Tumbleweed IME is a platform and set of applications for creating secure communications channels between a business and its customers, partners, and suppliers. VeriSign's Payflow Pro service is a seamless payment processing solution that enables companies to authorize and manage credit card, debit card, purchase card, automated clearing house (ACH) and electronic check payments online.
"Electronic statement delivery is poised to enjoy phenomenal growth," said Jeffrey C. Smith, president and CEO, Tumbleweed Communications Corp. "We are pleased to work with VeriSign to deliver a powerful solution that will send millions of statements to customers who can pay over the Internet using virtually any type of payment device."
"As banks, brokerages, retailers and other service providers leverage electronic statement delivery to better serve their customers, the need for a trust infrastructure remains mission-critical," said Richard Yanowitch, executive vice president of worldwide marketing for VeriSign. "Through the combination of our Payment Services and Tumbleweed's IME, customers now have the a highly scalable, secure communications platform that provides secure, anytime anywhere statement delivery and flexible online payment."
Tumbleweed Communications Corp.
Tumbleweed Communications Corp. is a leading provider of advanced e-mail solutions for business communications. Our products and services enable businesses to create and manage secure online communication channels that leverage established e-mail networks and enterprise applications. Tumbleweed Integrated Messaging Exchange is a platform and set of applications for creating secure communications channels between a business and its customers, partners, and suppliers. Tumbleweed Messaging Management System is a comprehensive solution that extends internal e-mail systems to the Internet through centralized security, policy enforcement, filtering and archiving. Used together, Tumbleweed IME and Tumbleweed MMS automatically apply security policies and redirect sensitive e-mail for secure, trackable delivery. Companies that rely on Tumbleweed IME or MMS products include American Express, Chase Manhattan Bank, Datek Online, Daiwa, the European Union's Joint Research Council, the Food and Drug Administration, Mitsui & Co., Nippon Telephone and Telegraph, Northern Trust, Pitney Bowes, TD Waterhouse, Travelers Property Casualty, UPS, and the United States Postal Service.
About VeriSign
VeriSign, Inc. (Nasdaq: VRSN chart, msgs) is the leading provider of Internet trust services -- including domain name registration, authentication, payment, validation and network infrastructure services -- to Web sites, enterprises, electronic commerce service providers and individuals, enabling trusted and secure electronic commerce and communications over the Internet. VeriSign's trust services for enterprises and electronic commerce service providers are available through regional account representatives, resellers, and VeriSign affiliates worldwide. The company's e-commerce services for Web sites, developers and individuals are available through verisign.com or through the company's Network Solutions subsidiary at www.networksolutions.com.
Except for the historical information contained herein, the matters discussed in this press release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected, particularly with respect to the potential growth of Tumbleweed's market. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. For further cautions about the risks of investing in Tumbleweed, we refer you to the documents Tumbleweed files from time to time with the Securities and Exchange Commission, particularly Tumbleweed's Form 10-K filed March 30, 2000, proxy statement filed April 17, 2000 and Form 10-Q filed May 15, 2000. Tumbleweed assumes no obligation to update information |
