Certicom's Leading Elliptic Curve Cryptography (ECC) Provides Increased Levels of Efficient Security for Wireless Internet Transactions
HAYWARD, Calif., June 5, 2001 - Certicom (Nasdaq: CERT; TSE: CIC), a leading provider of mobile e-business security, today announced that Openwave Systems Inc., has licensed Certicom's Security Builder® toolkit to provide increased levels of efficient security for Openwave's market leading products, including the Openwave™ Mobile Browser (formerly the Openwave UP.Browser™) and the Openwave™ Mobile Access Gateway (formerly the Openwave UP.Link Server™). By taking advantage of Certicom's high performance Elliptic Curve Cryptography (ECC), a main feature of the Security Builder Toolkit, Openwave's microbrowser and gateway products can offer enhanced, state-of-the-art wireless security to consumers purchasing goods and services using mobile phones and the wireless Internet.
Security Builder enables advanced security by incorporating ECC technology as well as support for other encryption algorithms, including RSA, 3DES and AES. By using Certicom's ECC technology, battery, storage and processing power limitations of current mobile devices are minimized, allowing proven desktof Public Key Infrastructure (PKI) security to be delivered straight to the mobile device. ECC, the industry's smallest, fastest, and most efficient security algorithm that is commercially standardized, is used by leading OEMs such as Motorola, Sony, Palm and RIM to provide advanced security for wireless devices, gateways and content servers.
"Certicom's global leadership in cryptography enables Openwave to provide its customers with the most advanced end-to-end security available," said Bruce Martin, VP of Technology for Openwave. "Certicom's toolkits enhance Openwave's position in the market by enabling high performance security solutions throughout the Openwave Services OS family of products."
As the market leader for the mobile Internet, Openwave software has been deployed in more than 70 percent of the world's Internet-enabled phones. Over 80 network operators worldwide have licensed the Openwave Mobile Access Gateway. Additionally, components of the Openwave™ Services OS™ have been deployed today by mobile operators who service more than 50 percent of the world's mobile subscribers, including four of the tof five mobile operators in the United States.
As previously announced, Openwave will offer MobileTrust™ digital certificates as optional features of the Openwave Mobile Browser. Inclusion of Certicom's MobileTrust root key in the security architecture enables secure, authenticated transactions such as stock trading, mcommerce, and banking.
"Openwave, a key Certicom partner, is a leading provider of communication infrastructure software that enables the delivery of mobile- and Internet-based services to mass-market wireless devices," said Richard Depew, Certicom's executive vice president. "This partnership provides enhanced convenience and efficiency to Openwave customers and the general subscriber seeking additional security for high-value wireless transactions."
Openwave Systems Inc. is the worldwide leader of open IP-based communication infrastructure software and applications. Openwave is a global company headquartered in Redwood City, California. For more information, please visit www.openwave.com.
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