Strategic Relationship Will Provide True Authentication of Wireless Devices Utilizing Client-side Digital Certificates
RSA CONFERENCE, SAN FRANCISCO, Calif. April 10, 2001 - Certicom (Nasdaq: CERT; TSE: CIC), a leading provider of mobile e-business security, and Motorola, Inc. (NYSE:MOT), a global leader in providing integrated communications solutions and embedded electronic solutions, today announced the expansion of their alliance to provide the market with advanced levels of security for trusted wireless transactions. Consumers using Motorola's WAP server and a broad range of mobile products will be able to perform high value wireless transactions with advanced levels of authentication.
As part of the agreement, Certicom's MobileTrust™ will be a provider of wireless digital certificates and certificate root keys for Motorola Web-enabled wireless devices and Motorola WAP gateways. MobileTrust is the first Certificate Authority (CA) in the industry to provide both RSA and ECC digital certificates. Certicom's Elliptic Curve Cryptography (ECC) is a preferred algorithm for wireless transactions because it can deliver commercially viable security and performance in wireless environments.
Client certificates on Motorola devices will be used in order to further the possibilities of wireless e-commerce for such services as e-brokerage, e-banking, e-healthcare, e-media and other B2C applications. Client certificates are used to identify both parties involved in a wireless e-transaction, thus reducing fraud or misuse of sensitive information. Certicom enables client certificates by using the Trustpoint™ PKI Portal, which is the industry's first PKI solution to bridge the wired and wireless worlds.
"This agreement with Certicom, the leader in ECC wireless security technology, will enable us to provide the market with advanced levels of security for m-commerce transactions," said Yvonne Verse, vice president and director - Data Solutions Platform Technology and 3rd Party Developer Support, Internet Software and Content Group, Motorola, Inc. "Used together with our enhanced WAP gateway and innovative Web-enabled devices, digital certificates from Certicom's MobileTrust Certificate Authority provide authentication capability and added levels of security for our customers."
Motorola is committed to delivering products that enable a world without wires. Analysts estimate that over 1 billion people will have access to the wireless Internet by 2003. The company's goal is to harness the power of m-commerce to give people the ability to access real-time financial data, make purchases and conduct business commerce anytime, anywhere.
"It is very key for Certicom to work with Motorola, one of the world's largest cellular phone manufacturers, to enable the most advanced levels of security for the new world of mobile commerce," said Richard Depew, executive vice president, Certicom. "This strategic agreement cements Certicom's position as a leader in providing wireless security solutions by enabling true mutual authentication with the use of client-side certificates for efficient wireless high value transactions."
Motorola Inc. (NYSE: MOT) is a global leader in providing integrated communications and embedded electronic solutions. Sales in 2000 were $37.6 billion. More information can be found at Motorola's company Web site: www.motorola.com.
Motorola's Applications Global NETwork (MAGNET) supports application developers who want to work with Motorola products. For more information about the MAGNET and its Regional Application Development Center offerings, please visit the web site at www.motorola.comdevelopers/wireless/.
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 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 150 customers including ePocrates, Inc., Motorola, Inc., NeoPoint, Inc., Nortel Networks, Openwave Systems, 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 is a 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.
For further information, please contact:
|Lorraine Kauffman||Elizabeth Safran
|Certicom Corporation||Lutchansky Communications for Certicom
|(510) 780-5417||(408) 938-9050 x25