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.

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

To: zbyslaw owczarczyk who wrote (9092)	1/18/1999 11:10:00 AM
From: zbyslaw owczarczyk	Read Replies (2) \| Respond to of 18016

From an affiliate of Newbridge Networks,TimeStep: TimeStep Corp. - Ameritech Selects TimeStep to Provide IPSec Security for ANX Service Selection represents second Certified Service Provider (CSP) to choose TimeStep's Internet Protocol Security (IPSec) solution for the Automotive Network eXchange(R) (ANX(R)) service SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 18, 1999-- At the RSA Conference, TimeStep Corp., a leader in secure virtual private network (VPN) solutions, announced today that Ameritech, one of three ANX CSPs, has selected TimeStep to provide the necessary Internet Protocol security element in their AutoVAN networking solution that forms part of the ANX service. This marks the second CSP to select TimeStep's PERMIT Enterprise VPN solution for this groundbreaking initiative. The ANX, an Automotive Industry Action Group (AIAG) project, will form the world's largest extranet linking automotive trading partners quickly and securely. When fully deployed the ANX network is anticipated to save the auto industry at least one-billion dollars per year by enabling mission-critical electronic commerce applications. ''As the ANX Overseer, Bellcore is pleased that through ANX CSPs and ANX Certified IPSec products, the automotive industry will benefit from an integrated industrial strength trading partner network service that offers unprecedented reliability, performance and security,'' said Bryan Whittle, general manager of the ANX Overseer business at Bellcore. TimeStep's innovative PERMIT™ Enterprise VPN solution is scalable, reliable, and offers unique features that would facilitate management of the numerous companies subscribing to the network service. TimeStep's PERMIT Enterprise solution provides technology that exceeds even the stringent demands of the massive trading partner network. ''As an ANX Certified Service Provider, Ameritech recognizes that comprehensive security is crucial in order to offer the level of service required for the ANX network,'' says Tim Hember, TimeStep's President and CEO. ''We believe that PERMIT Enterprise is an ideal fit and we're extremely pleased that Ameritech has selected our IPSec product for this groundbreaking trading partner network.'' About the ANX The ANX is a TCP/IP network service comprised of trading partner subscribers, Certified (Internet) Service Providers and network exchange points providing a dedicated business network service for the automotive industry. The ANX allows creation of user-specific VPNs with a high level of service quality, including reliability, performance and security. By improving trading partner communications for supply-chain processes, simplifying data network connections, and providing a foundation for future network and electronic commerce applications growth, it is anticipated that the ANX network will save the auto industry over one-billion dollars per year when fully deployed. About TimeStep Since its inception, TimeStep Corporation, an affiliate of Newbridge Networks, has focused on developing network security solutions that are simple, powerful, and compatible with today's networking technologies. TimeStep's flagship product line, PERMIT Enterprise, recently won Data Communication's ''1998 Hot Product of the Year'' and Network Computing's ''1998 Well Connected'' awards. Using sophisticated IPSec technology, the PERMIT Enterprise secure VPN solution enables business users to exchange information over shared corporate and public networks, such as the Internet, with total privacy, confidentiality and integrity. TimeStep Corporation headquarters is located at 362 Terry Fox Drive, Kanata, Ontario, K2K 2P5, Canada. For more information on TimeStep Corporation and the PERMIT Enterprise product suite, contact info@timestep.com or visit the corporate Web site at timestep.com. TimeStep, PERMIT, and PERMIT Enterprise are trademarks of TimeStep Corporation. Newbridge is a registered trademark of Newbridge Networks Corporation. All other company and product names are trademarks or registered trademarks of their respective holders.