GeoTrust on Track to Take 30% of Online Transaction Security Market in 2002

GeoTrust's QuickSSL Secures Online Transactions for 25,000 Leading Businesses including BlueCross BlueShield, Staples, PeopleSoft, Peachtree Software, and US Department of Commerce

March 11, 2002 - Wellesley, MA. - GeoTrust, Inc.(www.geotrust.com), a leader in identity and security solutions for e-business, today announced that it has gained significant marketshare for QuickSSL™, its security product that provides near-instantaneous delivery of commercial quality, 128-bit, SSL digital certificates for securing online communications and transactions. Since QuickSSL was released in October 2001, GeoTrust has issued over 25,000 digital certificates in 80 countries, making GeoTrust the second largest digital certificate supplier in the world.

Because QuickSSL uses patent-pending automated authentication technology, it can issue SSL certificates within 10 minutes upon receiving a valid request, as opposed to 4 days, the typical waiting period required by GeoTrust's competitors. The rapid provisioning of GeoTrust's QuickSSL Web Server Certificates and lower price point has accelerated its widespread adoption by businesses that need to quickly automate their secure e-commerce capabilities to drive transactions. Because GeoTrust's provisioning process is entirely automated, it also reduces manual overhead and operational costs, significantly increasing margins for web hosting providers. Unlike competitive solutions, there is no manual intervention required by GeoTrust, which means that web hosting providers also experience much faster, nearly instantaneous delivery of their certificates.

GeoTrust has emerged as the leading innovator in the 3As - authentication, authorization and administration - sector of the Security Market, which IDC projects to grow to $9.5-billion by 2005. According to SecuritySpace.com (www.securityspace.com), GeoTrust garnered 9.31% market share in the digital certificate market in February 2002 seizing share from existing industry leaders.

"The rapid adoption of QuickSSL has validated our belief that retailers and web hosting providers needed a faster, more efficient way to secure transactions online," said Neal Creighton, CEO of GeoTrust. "Our patent-pending automated provisioning system has proven to be faster and more cost-effective than competitive offerings, allowing us to capture significant marketshare every month. We predict to gain 30% marketshare in the digital certificate industry by the end of the year."

About QuickSSL

QuickSSL is a secure sockets layer product that provides near-instantaneous delivery of commercial quality, 128-bit SSL digital certificates for encrypting communications between Web browsers and servers - the technology that activates the lock symbol in user's browsers. Based on patent-pending authentication technology, QuickSSL can provide SSL certificates within 10 minutes of a valid request, providing airtight Internet protection to authorized recipients.

About GeoTrust, Inc.

GeoTrust, Inc.(www.geotrust.com), GeoTrust, Inc., an emerging 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 Trust 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. With more than 25,000 companies in over 80 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.

QuickSSL is a trademark of GeoTrust, Inc.