GeoTrust Announces True Credentials for Convenient, Cost-Effective, Secure E-business Transactions, Messaging and Network Access

Fully Managed Enterprise Security Solution with GeoTrust Digital Certificate Technology Reduces Infrastructure Costs While Providing Secure User Communications, Authentication and Enrollment

Feb 2004, Maidstone, London UK. GeoTrust Europe, a leader in identity and security solutions for e-business and the world’s second largest certificate authority, today announced True Credentials™. GeoTrust’s fully managed enterprise security solution, backed by GeoTrust digital certificate technology, gives companies a convenient, cost effective way to conduct secure e-business. Client certificates enable secure paperless transactions, messaging and network access, with minimum technology investment required and at half the cost of market alternatives. GeoTrust manages the technology and digital certificate delivery underlying the services, which dramatically reduces customers’ infrastructure costs. GeoTrust also announced today that Currenex, Inc., the leading online global currency trading platform, has licensed True Credentials for secure currency exchange (see related release).

True Credentials is a fully managed solution that verifies the identities of e-business participants and safeguards electronic communications between employees, vendors, trading partners, customers and remote users. At the heart of the solution is GeoTrust’s proven authentication, e-signature and digital certificate technology. It provides the same high level of security and confidence demanded in the off-line business world—and at a fraction of the cost of alternative client certificate-based enterprise security solutions. True Credentials reduces operational and infrastructure costs by eliminating the need for internal expertise and additional hardware and software purchases. It also allows businesses to extend the use of existing applications to external parties one application at a time, and offers a flexible enrollment process that supports the range of identities involved in e-business transactions.

“True Credentials enables Currenex to offer our customers an easy-to-use and completely secure method to conduct online currency exchange,” said Bruce Carmedelle, executive vice president and chief financial officer of Currenex. “True Credentials eliminates the headaches and costs associated with technology implementation and management, yet provides the highest levels of security and confidentiality required in financial transactions.”

“With GeoTrust True Credentials, companies can quickly, easily and cost effectively take advantage of powerful security technology to fully safeguard e-business transactions—without the high costs typical of other certificate management solutions,” said John Adams, CTO of GeoTrust. “True Credentials is scalable, so a company need only use as much functionality as it is ready for. It requires the least dollar investment in new technologies compared to similar solutions on the market today, delivers proven ROI and makes it quicker, more efficient and cost effective for companies to interact with their constituents.”

Secure, Efficient and Cost-Effective Enterprise Security

True Credentials certificates enable three mission-critical applications:

• Secure Access to enterprise networks and applications, thus helping organizations extend their business applications with suppliers, trading partners and other remote users in both intranet and extranet environments.
• Secure Messaging to secure highly confidential information that is passed through email.
• Paperless Transactions to offer new business efficiencies, cost savings and revenue growth through minimized use of paper-based documents, real-time customer service initiatives and increased transaction completion rate. Digital signatures allow for applications to be completed, accepted and signed online.

True Credentials offers the following benefits:

• Fast and easy client certificate deployment.
• Greater scalability and cost-effectiveness than similar in-house products.
• Lowest total cost of ownership on the market.
• Proven return on investment.
• Next-generation technology, including patent-pending automation technology, open heterogeneous digital certificate support and industry-recognized secure certificate authority facilities
• Centralized administration, seamless communication with internal databases, built-in process integration.

True Credentials is available through www.geotrusteurope.com now.

About GeoTrust

GeoTrust is a leading provider of next generation information security services that address the fundamental need for e-business security and confidence. Our award-winning next generation technology delivers secure e-commerce transactions, identity verification and trust authentication services to the global web community - an important step toward leveraging the full business potential of the Internet. More than 70,000 customers in 140 countries use GeoTrust security services to conduct business efficiently and cost-effectively over the Internet and wireless networks - including Fortune 1,000 companies throughout every industry. GeoTrust provides e-business security that helps drive revenue, profitability and growth, while maintaining business continuity. GeoTrust is the second largest digital certificate provider in the world and has offices in the U.S., Europe and Japan.

GeoTrust Europe can be reached at www.geotrusteurope.com or +44 (0) 1622 764789.

GeoTrust is a registered trademark of GeoTrust, Inc. QuickSSL, QuickSSL Premium, Enterprise SSL, True BusinessID, are trademarks of GeoTrust, Inc. All other product names are trademarks or registered trademarks of their respective owners.