HAYWARD, Calif., July 25 - Certicom (Nasdaq: CERT; TSE: CIC), a leading provider of mobile e-business security, today announced that Verizon Communications Inc. (NYSE: VZ), the nation's largest telecommunications company, has licensed its leading SSL Plus™ security technology. Verizon has deployed Certicom's SSL Plus to build a secure software layer into their infrastructure.
Certicom's SSL Plus toolkit is used by leading companies such as Agilent, BEA Systems, Citrix, Juno, Netscape, Nortel, Oracle and Sybase to build security into a wide range of applications and products for the Internet, intranets, and corporate networks, from traditional Web browsers and servers to home banking products, handheld devices, and legacy mainframes.
"Certicom is pleased to be working with Verizon, a renowned leader in today's telecommunications and high tech world," said Richard Depew, executive vice president of Certicom. "Certicom provides strong and efficient security to protect and maintain valuable enterprise information as it is updated, stored and utilized during critical operational functions. We look forward to providing Verizon with additional advanced security solutions as it continues to set new milestones in the years ahead."
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 of 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 VeriSign 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 and SSL Plus are trademarks 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, the number of options tendered by employees for exchange under the proposed plan, future stock price fluctuations, the impact of issuing shares of the company's Common Stock, 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.
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