Netcraft Data Shows
GeoTrust Surpassing VeriSign’s
Digital Certificate Products in North American SSL
Certificate Market
GeoTrust Continues to Have Strongest Growth
Among
U.S. Certificate Authorities According to Latest Netcraft
Survey
WELLESLEY, Mass. - July 1, 2004 - GeoTrust, Inc.,
a leader in identity and security solutions for e-business
and the world’s second largest certificate authority,
today announced that a recent market survey shows
that it has surpassed each of VeriSign’s individual
certificate brands—including RSA Data Security,
VeriSign Trust Network and Thawte—in North America.
Additionally, the company announced that its SSL (secure
sockets layer) certificates are experiencing the strongest
growth among the largest U.S.-based certificate authorities.
GeoTrust draws its data from a May 2004 study conducted
by Netcraft (http://www.netcraft.com/), an independent
authority on market share of Internet technologies,
commerce and content.
GeoTrust had already been leading two VeriSign brands:
VeriSign Trust Network certificates, which had typically
been sold by that company’s affiliates, and
Thawte certificates, which are provided by an independently
managed VeriSign company. However, May marked the
point at which GeoTrust certificates became more commonly
purchased for use on e-business sites than certificates
available directly from VeriSign.com.
GeoTrust offers digital certificates to enable organizations
and individuals to quickly and cost-effectively secure
e-business transactions by verifying the identity
of entities doing business online. Digital certificates
are also rapidly increasing in use within large enterprises
to secure network access and online communications.
More recently, companies have begun using certificate
technology to digitally sign documents and application
code to confirm the integrity of document-based information
and code traveling across networks.
The market for digital certificates is expanding
as more businesses make products and services available
online. In this market alone, according to Netcraft,
GeoTrust gained 2,847 Web customers in May. GeoTrust
is also enjoying fast growth in the enterprise market,
which cannot be measured by third-parties such as
Netcraft because SSL certificates are used behind
corporate firewalls. This market is driven by the
desire of an increasing number of corporations to
open their networks to customers and partners using
applications such as secure portals. These companies
are choosing easy-to-implement SSL certificates to
control access to sensitive data, documents and applications.
Neal Creighton, president and CEO of GeoTrust, Inc.,
said: “Web hosting providers, ISPs and corporations
are increasingly turning to GeoTrust for digital certificates
for a few fundamental reasons. Our product is easier
to acquire—we turn around requests within 10
minutes, compared to three or more days for VeriSign,
and have never issued a certificate in error. GeoTrust
makes it simple for Web hosting providers to work
with us, and the streamlined process directly benefits
their customers. Finally, GeoTrust certificates are
competitively priced. Taken together, these factors
are naturally causing North American companies to
migrate to GeoTrust.”
About GeoTrust, Inc.
GeoTrust, Inc., a leader in Identity and Trust Services,
helps organizations of all sizes secure e-commerce
transactions, trusted identities and fully managed
trusted environments for conducting e-business. GeoTrust’s
Web Security Services offer hosting providers and
businesses with world-class digital certificates for
fast transaction security and patent-pending smart-seals
to ensure a trusted identity on the Web. GeoTrust
also offers managed security services for large enterprises.
With more than 70,000 companies in over 140 countries
using its technology for transaction security, GeoTrust
is the second largest digital certificate provider
in the world. GeoTrust can be reached at www.geotrust.com
or 800-944-0492.
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GeoTrust®, QuickSSL®, QuickSSL® Premium,
True BusinessID®, True BusinessID® Wildcardis
a registered trademarks and and Enterprise SSL™
is a trademarks of GeoTrust, Inc. All other products
and services mentioned are trademarks of their respective
companies.
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