CERTICOM TO ACCELERATE E-COMMERCE AND HANDHELD SECURITY FOR LEADING INTEL PROCESSORS

Work with Intel will Help Boost the Speed of E-Commerce and M-Commerce Transactions 

HAYWARD, Calif., October 23, 2001 - Certicom (Nasdaq: CERT; TSE: CIC), a leading provider of mobile e-business security, today announced that it is working with Intel Corporation to optimize Certicom's cryptographic and security software to achieve greater performance using Intel's Itanium™ and Intel® XScale™ processors. The software, which will be available in the new versions of Certicom's Security Builder® (ECC) and SSL Plus™ software (for the Itanium processor), is designed to boost the speed of e-commerce and m-commerce transactions. 

"The lack of speed and reliability in security is one of the roadblocks to large-scale adoption of e-commerce," said Vaughn Mackie, Intel Director of Enterprise Platform Marketing. "Certicom's delivery of high-performance cryptographic software can enhance the breakthrough secure transaction performance that Intel's Itanium and Intel XScale processors deliver to enable scalable and protected e-business transactions." 

Certicom is working closely with Intel to optimize its Security Builder and SSL Plus security software for developers using the Intel Itanium and Intel XScale processors. Intel's Itanium processor family architecture incorporates unique features to provide breakthrough performance on ECC algorithms, especially in the commonly used SSL authentication process for establishing secure e-commerce transactions. The Intel XScale microarchitecture is Intel's next generation Intel® StrongARM* architecture, designed for better multimedia processing and improved performance with lower power requirements for cellular and handheld devices. 

"Intel is well known for its leadership in providing products that are used in so many of the leading computing products worldwide," said Prakash Panjwani, Senior Vice President, Business Development, Certicom. "Today's announcement represents yet another example of the benefits of Certicom's solutions to enable strong security for e-business or the wireless world." 

About CerticomCerticom 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 efficient 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 200 customers including Cisco Systems, Inc., Handspring Inc., Motorola, Inc., Nortel Networks, Openwave Systems, Inc., Palm, Inc., QUALCOMM, Inc., Research In Motion Ltd., Sony International (Europe) GmbH and Verizon Communications Inc. 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, Security Builder and SSL Plus are trademarks or registered trademarks of Certicom Corp. Intel is a registered trademark and Itanium and XScale are trademarks of Intel Corporation. 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, 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 principal 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 fourth 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. 

For further information, please contact:

Lorraine Kauffman Carol Paterson
Corporate Communications Lois Paul & Partners (for Certicom)
Certicom Corp. (415) 262-1908
(510) 780-5417 carol_paterson@lpp.com
lkauffman@certicom.com