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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: Glenn McDougall who wrote (5576)	7/20/1998 11:12:00 AM
From: zbyslaw owczarczyk	Respond to of 18016

Monday July 20, 10:34 am Eastern Time Company Press Release Digital Insight Speeds Up Internet Home Banking With nFast nCipher Accelerators to Speed Transactions for More Than 300 Banks ANDOVER, Mass.--(BUSINESS WIRE)--July 20, 1998--nCipher, Inc., the leader in secure electronic commerce solutions, today announced that Digital Insight Corporation will be using nFast300 cryptographic accelerators to speed up secure electronic transactions on servers that host Internet home banking operations for more than 300 banks and credit unions nationwide. Digital Insight, based in Calabasas, Calif., is the leader in providing real-time, Internet home banking solutions. With more than 50 million hits per month on its secure web servers from bank and credit union customers, Digital Insight needed a solution that would ensure consistent high-performance for its servers and connection lines and selected nFast300 cryptographic accelerators. ''Convenient Internet home banking is booming and we are adopting cutting-edge technologies to ensure that our customers' transactions happen quickly and securely,'' said Ole Eichhorn, vice president of development at Digital Insight. ''The nFast300 cryptographic accelerator is a cost-effective alternative that ensures high-performance--without us having to add expensive web servers to handle the load.'' ''The cryptography required for electronic banking transactions is highly processing-intensive. The nFast300 offloads this processing, ensuring that Digital Insight customers don't have to wait to conduct their transactions,'' said Greg Dunne, vice president of U.S. sales for nCipher. ''Using the nFast300, Digital Insight speeds up its service while reducing costs.'' Digital Insight worked closely with nCipher to develop the IBM RS-6000 compatible version of nFast, serving as a test site for the new accelerator. About Digital Insight Digital Insight (www.diginsite.com) is a developer of real-time, Internet-based transaction services for financial institutions. The fast-rising Internet company developed AXIS, a Web-based home banking system for financial institutions, and PRIZM(tm), a Web-based cash management solution for small businesses. Along with Internet home banking services for over 150 financial institutions which includes over 170,000 active customers, Digital Insight provides Web site creation, maintenance and server hosting facilities for more than 290 financial institutions throughout the country. Digital Insight was founded in 1995. About nCipher nCipher develops products that simplify the use of cryptography in applications such as Internet security and electronic commerce. Its nFast line of products was recently named a Hot Product for 1998 by Data Communications magazine. nFast is the proven fastest accelerator product line available and the only accelerator solution available to customers in North and South America, Europe and Asia. The company has offices in Boston, Massachusetts; Silicon Valley, California and in Cambridge, England. nCipher, which was founded in 1996, is partially funded by Canada's Newbridge Networks Corporation (NYSE:NN - news; NYSE: NN - news) and Security Dynamics, Inc. (NASDAQ: SDTI - news). nCipher has partnerships with leading computer security and electronic commerce companies, including RSA Data Security, Netscape and C2Net. More details on nCipher and its products are available at ncipher.com, or by sending electronic mail to: sales@ncipher.com. nCipher, nFast, nFast/KM and nFast/CA are trademarks or registered trademarks of nCipher, Inc. in the United States and certain other countries. All other trademarks and registered trademarks are the property of their respective owners. Contact: nCipher, Inc. Steve Cohn, (978) 691-6495 steve@ncipher.com or Schwartz Communications, Inc. Bryan Scanlon, Bill Keeler (781) 684-0770 bryans@schwartz-pr.com billk@schwartz-pr.com More Quotes and News: Newbridge Networks Corp (NYSE:NN - news) Related News Categories: banking,