Market-leading European mailroom equipment and logistics systems company to embed ECC for Increased Speed and Security in Digital Postage Marks
MISSISAUGA, Ontario – February 16, 2004 – Certicom Corp. (TSX: CIC), a leading provider of wireless security solutions, has licensed its Elliptic Curve Cryptography (ECC) to Neopost, the leading European and number two worldwide supplier of mailing solutions. Neopost is using the Security Builder® Crypto™ toolkit to embed ECC-based security into its mailing systems to create a secure, cost-effective way to generate Digital Postage Marks (DPMs) that meet the stringent requirements of the North American postal officials. In addition to being the only technology providing digital signatures that meet the small footprint requirements for DPMs, ECC enables Neopost’s systems to perform smaller signatures at a faster speed than competing systems.
The need for strong security in mailing systems has grown dramatically with the emergence of DPMs. In the digital era, security is a key concern in verifying a DPM. With Security Builder Crypto, Neopost has integrated an ECC-based digital signature to authenticate a DPM in its digital mailing systems. Because ECC uses smaller key sizes to offer equivalent security, the machine can produce a signature notably smaller than competing schemes. This is a major consideration impacting the final size of the mark and the space it occupies on a piece of mail.
Commenting on the agreement, Thierry Le Jaoudour, R/D manager at Neopost, said: “Neopost is proud to be meeting the security requirements of the US and Canadian postal authorities by integrating Certicom’s ECC technology into some of our key mailing systems for the North American market. Not only is the security built into our machines strong and reliable, but it also gives us considerable competitive edge due to its efficiency in signature size and speed.”
“We are pleased to add Neopost to the growing list of market-leading companies that has endorsed ECC-based security for its size and strength. This is a significant recognition of our intellectual property and validates our cryptographic toolkits as the most efficient security implementations for constrained environments,” said Roy Pereira, director, product management at Certicom. “Our Security Builder toolkits enables Neopost to integrate ECC digital signatures and other security mechanisms quickly and easily into their mailing systems in order to conform with the strict demands of the North American postal officials.”
Neopost ranks number one in Europe and number two worldwide in mailroom equipment and logistics systems. The company sells mailing, document and logistics systems, and provides customised mail processing solutions covering both letters and parcels to a wide range of customers in the corporate, public and professional sectors. Neopost offers the most advanced solutions for online or off-line postage, large volume mail insertions, occasional parcel delivery and logistics management and traceability. Visit www.neopost.com
About Security Builder Crypto and ECC
Security Builder Crypto is a flexible, standards-based cryptography toolkit that enables developers to integrate encryption, public-keys and other security mechanisms, including FIPS-approved algorithms, into any application or device. With support for over 30 platforms, Security Builder Crypto’s optimized code dramatically improves processing speeds and bandwidth utilization, while minimizing storage and battery requirements. Security Builder Crypto has the most efficient implementations of ECC, which provides smaller key sizes with the highest strength-per-bit of any known public key system today. Other toolkits in the Security Builder suite include Security Builder® GSE (a FIPS 140-2 validated cryptographic module), Security Builder® PKI™ (a digital certificate management toolkit), and Security Builder® SSL™ (a complete Secure Socket Layer protocol toolkit). Visit www.certicom.com/securitybuilder.
Certicom is a leading provider of wireless security solutions, enabling developers, governments and enterprises to add strong security to their devices, networks and applications. Designed for constrained devices, Certicom’s patented technologies are unsurpassed in delivering the strongest cryptography with the smallest impact on performance and usability. Certicom products and technologies are currently licensed to more than 300 customers including Cisco Systems, Motorola, the National Security Agency, Palm, Research In Motion, Sony Ericsson and Texas Instruments. Founded in 1985, Certicom is headquartered in Mississauga, ON, Canada, with offices in Ottawa, ON; Herndon, VA; San Mateo, CA; and London, England. Visit www.certicom.com.
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Except for historical information contained herein, this news 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 Canadian securities regulatory authorities.
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For further information, please contact:
|Tim Cox||Brendan Ziolo|
|(650) 369-7784||(613) 254-9267|