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

To: Sharck who wrote (713)	10/2/2000 10:24:02 AM
From: Ron Schier	Read Replies (1) \| Respond to of 1205

Oberthur Card Systems Partners With Entrust Technologies; Working Together to Develop E-Commerce, M-Commerce and Card Management Solutions MONDAY, OCTOBER 2, 2000 9:14:00 AM EST LOS ANGELES, Oct 2, 2000 (BUSINESS WIRE) -- Oberthur Card Systems, the innovator in the smart card industry, today announced a partnership with Entrust Technologies Inc., a global leader in PKI (Public Key Infrastructure) products and e-business security. The partnership brings together Oberthur's expertise in the field of advanced card-based e-business and wireless technology and Entrust's proven expertise in providing PKI and Certificate Authority solutions to trusted, secure e-business and m-commerce. "Oberthur and Entrust share a common mission and have partnered to provide the most secure electronic and mobile commerce solutions for mobile operators and financial institutions to governments and the healthcare industry," said Marc Bertin, director of e-business for Oberthur Card Systems. The Entrust and Oberthur partnership enables financial institutions and telecom operators to quickly and easily deploy the infrastructure needed to enable fixed and wireless transactions for any device using smart card technology. Oberthur provides the technology and security of a card-based system, and Entrust provides the technical expertise and solutions from its Global Wireless Solutions and core PKI groups. The integrated offering includes e-commerce, wireless and card management solutions. Integrating Oberthur's advanced Card Management System with Entrust ensures that the PKI and certificates are not simply added into products at a later stage, but are incorporated into the manufacturing process from the beginning of the cards' lifecycles. The partnership between Entrust and Oberthur will also meet the increasing demands of e-business by providing the necessary security to ensure strong authentication of users together with trustworthy and convenient digital signatures on transactions. These integrated capabilities will improve the security, reliability and scalability of e-business initiatives. "Oberthur and Entrust are together seeking to create wholly secure and trusted online and wireless business environments," commented Richard Kirk, vice-president of global wireless solutions for Entrust Technologies. "We are providing financial institutions and banks with easily implemented solutions, which meet the highest security requirements. "Entrust is strategically positioned in the security market as a leading provider of PKI products and services. By joining forces with Oberthur, a leading innovator in smart card technology, we will bring greater integration in the implementation of reliable and secure end-to-end e-business solutions. This will lead to greater efficiency, cost savings and a faster time to market for our customers." The initial projects to be embarked upon jointly will be to develop solutions for putting WAP (Wireless Application Protocol) digital certificates onto all Oberthur smart card products, including SIM/WIM cards for telecommunications, banking and authentication. In addition, Entrust.net's WAP root key certificates will be embedded within Oberthur's SIM/WIM cards setting the foundation for delivery of trusted services. The solution is designed to meet the high scalability and performance requirements of Oberthur Card Systems, a high volume manufacturer producing several millions of cards per month. All solutions conform to open standards including Identrus standards. About Oberthur Card Systems Oberthur Card Systems (Paris Stock Exchange - Code SICOVAM 12413), a global leader and the innovator in the smart card industry, is shaping the future through offering the ultimate in SIM, WAP, UMTS, e-wallet technologies & card management systems coupled with a firm commitment to open standards. World No. 1 supplier of MasterCard and Visa cards, No. 1 in banking, e-commerce, m-commerce and pay-TV, Oberthur is also the No. 1 in Java(TM) and GSM technologies. Employing 3,000 people worldwide, Oberthur Card Systems has an international reach ensured by 30 sales offices and 13 manufacturing sites across the five continents. Oberthur Card Systems had sales of 185.8 million of Euros in 1999. Internet sites: oberthurcs.com; oberthurusa.com About Entrust Inc. Entrust Technologies, Inc. ENTU is a global leader in solutions that bring trust to e-business relationships by securing and managing the transactions that constitute e-business. Through the industry's most comprehensive portfolio of trusted e-business infrastructure solutions, Entrust Technologies enables customers to secure their B2B, B2C and internal enterprise transactions and communications, as well as to manage the e-business portals and wireless portals through which these transactions take place. Today Entrust serves more than 1,500 customers worldwide. Entrust Technologies pioneered the public-key infrastructure (PKI) and digital certificate solutions that provide security for business transactions and communications over the Internet. Entrust Technologies has R&D labs in Silicon Valley, CA; Ottawa, Canada, and Zurich, Switzerland, as well as representation and offices in over 40 countries around the world. For additional company information visit www.entrust.com.