Cloakware Corporation, Certicom, Communication Intelligence Corporation (CIC) and Neomar Team to Deliver the Industry's First Biometric-Enabled PKI Solution for Mobile e-Commerce
Wireless Security Demonstration Given to Attendees at RSARSA CONFERENCE, SAN FRANCISCO, Calif., April 10, 2001 -
Innovative technology companies Cloakware Corporation, Certicom
(Nasdaq:CERT; TSE:CIC), Communication Intelligence Corporation (CIC)
and Neomar, today demonstrated the industry's first
biometric-enabled end-to-end PKI security solution that safeguards
e-business transactions using wireless devices.
Today's
demonstration illustrates how Cloakware's Tamper Resistant Software
(TRS) technology is used to protect biometric signature verification
software from Communication Intelligence Corp., which in turn, is
used to release a digital certificate using Certicom's wireless
Public Key Infrastructure (WPKI). This real-world application
demonstration was performed using a standard Palm VII and the Neomar
WAP-enabled browser enabled with WPKI from Certicom.
"The
solution provides a user experience that is as natural and secure as
signing a credit card slip which ties the individual to the
transaction, rather than the device to the transaction," says
Fariborz Fallah, Cloakware's President & CEO. "Cloakware's TRS
is the enabling technology offering the market the first solution
for a "me"-commerce society".
"The ability for consumers to
use their own handwritten signatures to gain access to mobile
commerce and financial services makes these services easier to use,
while also enhancing security," said Greg Wolfond, Chairman, 724
Solutions Inc. "This biometric PKI solution is made possible through
the cooperation of some great companies and their winning
technologies, and 724 Solutions is proud to have been the catalyst
that brought these key players together."
The biometric PKI
solution is the culmination of research and development of secure
software-based cryptographic key storage with biometric access
control first undertaken by 724 Solutions with Cloakware and CIC in
1999. "Adding a biometric component to Certicom's leading PKI
solution further safeguards m-commerce transactions," said Prakash
Panjwani, Vice President of Business Development of Certicom.
"Certicom continues to provide its leading security for the
industry's most cutting edge solutions that address the critical
issues associated with today's wireless economy." This secure
wireless solution is completely unique and offers various benefits
for today's brokerage firms, trading exchanges, and e-businesses.
The need for up-to-the minute secure mobile access for those needing
to make transactions quickly, no matter their location is one
example, but the benefits for e-businesses include lower operational
costs such as a 75% savings in credit card service charges as a
result of the reduced fraud risk. "Our partners and customers need
to deploy a wireless solution that offers end users peace of mind
that their transactions are absolutely secure, and this solution
provides them with that peace of mind," said William R. "Butch"
Winters, Neomar CEO. "Neomar has demonstrated its commitment to
delivering secure solutions by being the first company to deploy
WPKI in our browser, which enables digital signatures on wireless
devices to become a reality."
"A higher level of
non-repudiation protection can be provided through the use of
biometric technology, stated Guido DiGregorio, CIC's President &
CEO. "Combining tamper resistant software, biometrics and
cryptography protects users from fraud in the most vulnerable of
environments and makes the implementation of electronic transactions
and correspondence as natural as signing your name."
About Cloakware
Cloakware
Corporation is the world's leading provider of tamper-resistant
software (TRS) technology and applications. Cloakware TRS technology
protects software applications and platforms from modification and
reverse engineering attacks by hackers. Cloakware TRS compliments
today's security infrastructures by extending trust to software and
it is a key infrastructure technology for the future of E-commerce.
Cloakware is working with leading OEMs to co-develop and embed its
patent-pending TRS technology into products for several high-growth
markets including mobile commerce, privacy applications, interactive
Digital TV (iDTV) and Digital Rights Management (DRM). Cloakware
Corporation (http://www.cloakware.com/) is a
privately-held software company headquartered in Ottawa,
Canada.
About Certicom
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 |
| lkauffman@certicom.com | elizabeth@lcomm.com |
