Strong Demand in Mobile, Wireless Infrastructure Fuels Worldwide Expansion
LONDON and HAYWARD, Calif., January 30, 2001 - Certicom (Nasdaq: CERT; TSE: CIC) a leading provider of mobile e-business security, today announced the grand opening of a European office in London. The new office will help Certicom more effectively serve the rapidly growing mobile and wireless enterprise infrastructure markets in Europe.
The Hayward, California based company expanded its European presence in response to growing customer demand. Certicom has been active in Europe for several years and boasts a strong presence with key partners and customers including Digital Mobility (Dynamical Research Ltd.), Motorola, Schlumberger, Sony, Systor AG and TTPCom. The company recently announced new partnerships with Lucent Technologies, a global leader in providing the core technologies that deliver broadband and the mobile Internet, and Symbian, the leading software platform provider for wireless information devices (WIDs).
Certicom is a leading provider of information security software and services, specializing in solutions for mobile e-business. Certicom's suite of products extend standard Internet security to highly resource-constrained devices such as smart cards, mobile phones and handheld computers.
Leading Certicom's business development efforts in Europe will be Dr. James Semple, who is responsible for promoting Certicom's security solutions, such as WTLS Plus(tm) for WAP implementations, Security Builder(r) cryptographic toolkit, Trustpoint(tm) PKI products, MobileTrust(tm) managed certificate service and Certicom's VPN handheld client.
"Certicom has a track-record of providing state-of-the-art security technology to leading customers," said Semple. "This is a very exciting opportunity to deliver our security solutions in Europe's dynamic wireless industry."
"The launch of this office in London reflects Certicom's strong commitment to our European customers and the immense potential of the wireless market overseas," said Richard Depew, Certicom's executive vice president. "This is the first in a number of planned initiatives targeted at increasing our global presence."
Certicom is a leading provider of information security software and services, specializing in solutions for mobile e-business. The company's products and services are specifically designed to address the challenges imposed by a wireless data environment. Certicom's solutions incorporate its proprietary encryption technology and are based on industry
standards for information security that utilize public key cryptography. Certicom's products are currently licensed to more than 150 customers including ePocrates, Inc., Motorola, Inc., NeoPoint, Inc., Nortel Networks, Openwave Systems, Inc., Palm, Inc., Pixo, Inc., QUALCOMM, Inc., Research In Motion Ltd. and Sony International (Europe) GmbH. Certicom's headquarters and worldwide sales and marketing operations are based in the Silicon Valley in Hayward. For more information, visit Certicom's Web site at http://www.certicom.com.
Certicom, MobileTrust, Security Builder, Trustpoint and WTLS Plus are trademarks and/or registered trademark of Certicom Corp. All other companies and products listed herein are trademarks or registered trademarks of their respective holders.
Except for historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Factors that might cause a difference include, but are not limited to, those relating to the acceptance of mobile and wireless devices and the continued growth of e-commerce and m-commerce (mobile e-commerce), the increase of the demand for mutual authentication in m-commerce transactions, the acceptance of Elliptic Curve Cryptography (ECC) technology as an industry standard, the market acceptance of our principle products and sales of our customer's products, the impact of competitive products and technologies, the possibility of our products infringing patents and other intellectual property of third parties, and costs of product development. Certicom will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect Certicom's financial results is included in the documents Certicom files from time to time with the Securities and Exchange Commission and Canadian securities regulatory authorities including Certicom's current Annual Report on Form 10-K.
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