Register.com Teams With GeoTrust To Provide Security
Solutions
Leading Domain Registrar and Second Largest
Certificate Authority To Offer Authentication and
Security For Site Registration To Over One Million
Customers
June 10, 2002 - New York, NY and Wellesley, MA -
Register.com (Nasdaq: RCOM), a leading provider of
global domain name registration and Internet services
and GeoTrust, Inc.,
a leader in identity and security solutions for e-business,
today announced a strategic relationship designed
to provide a full service offering for identity verification,
secure transactions, and site registration. Under
the terms of the agreement, Register.com will offer
GeoTrust's QuickSSL, True Site and True
BusinessID solutions to customers across all
its market segments, including the Company's Global
Partner Network, Corporate Services and Retail channels.
"As a leading registrar, we are always looking
for new products to best serve our customers' growing
needs," said Richard Forman, president and CEO
of Register.com. "Security is a great concern
for many of our customers who conduct business over
the Internet. We believe that by adding GeoTrust's
QuickSSL and True Site products to our suite of service
offerings we will be providing our customers with
a more cost-effective and streamlined solution for
authenticity, identity and secure online transactions.
The alliance will allow Register.com customers to
conduct secure transactions by using GeoTrust's QuickSSL
product, which offers commercial quality, 128-bit,
SSL digital certificates in as little as 10 minutes.
SSL is the technology that activates the lock symbol
in a user's browser by encrypting communications between
Web browsers and servers. Also available to Register.com
customers will be GeoTrust's True Site identity solution,
which ensures a site's legitimacy with a dynamically
generated time/date stamp that cannot be copied. True
BusinessID is a combination solution of traditional
SSL certificates and the True Site product.
"Conducting secure transactions over the Internet
requires that participants know who they are doing
business with", stated Matthew Kovar, director,
Security Solutions & Services research and consulting
at the Yankee Group. "The combination of Register.com,
providing the validated domain, and GeoTrust, providing
the authenticated authorization for the secure communication,
will enable organizations to conduct the secure transactions
required from their e-commerce environments."
"Register.com is a key partner to GeoTrust,"
said Neal Creighton, president and CEO of GeoTrust.
"With our combined offerings, businesses will
now have an alternative solution that includes domain
name management, transaction security, identity verification
and authentication. This partnership provides the
most innovative and cost-effective solution available
in the market today."
GeoTrust has emerged as a leading innovator in the
3As - authentication, authorization and administration
- sector of the Security Market. According to SecuritySpace.com
(www.securityspace.com), GeoTrust garnered 11.15%
market share in the digital certificate market in
April 2002, seizing even more market share from existing
industry leaders.
QuickSSL offers 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. It provides the strongest automated authentication
process available for provisioning SSL certificates
to prevent online fraud. QuickSSL provides SSL certificates
in as little as 10 minutes of receipt of a valid request,
allowing Web hosting companies, small and medium businesses,
and enterprises to obtain SSL certificates quickly
and easily.
True Site is an identity solution for business Web
sites. It provides information to the consumer to
ensure a site's legitimacy, making e-commerce more
secure. With True Site, consumers can avoid being
tricked by a spoofed or hijacked Internet site. Businesses
are given an active digital icon for their Web sites.
Consumers considering a transaction with an online
business will know, from the digital icon, the Web
site is legitimate and will have access to information
about that enterprise. Unlike other identity icons,
True Site has a dynamically generated time/date stamp,
and is not able to be right-clicked and copied.
True BusinessID is a bundled package of 128-bit
SSL encryption and True Site that delivers browser
and server recognition as well as access protection
and fraud prevention.
About Register.com
Register.com, Inc. (www.register.com) is a leading
provider of global domain name registration and Internet
services for businesses and consumers that wish to
have a unique address and branded identity on the
Internet. The first registrar to compete in the domain
registration market after U.S. government deregulation,
Register.com has over three million domains under
management. Register.com has built a brand based on
quality domain name management services for small
and medium sized businesses, large corporations, as
well as ISPs, telcos and other online businesses.
About GeoTrust, Inc.
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.
Statements in this announcement other than historical
data and information constitute forward-looking statements
that involve risks and uncertainties that could cause
actual results to differ materially from those stated
or implied by such forward-looking statements. The
potential risks and uncertainties include, among others,
uncertainty of future revenue and profitability, increasing
competition across all segments of the domain name
registration business, uncertainty regarding the introduction
of new top level domains, customer acceptance of new
products and services offered by the company in addition
to or as enhancements of its registration services,
uncertainty of regulation related to the domain registration
business and the Internet generally, the rate of growth
of the Internet and online commerce, and other factors
detailed in our filings with the Securities and Exchange
Commission, including our Quarterly Report on Form
10-Q for the period ended March 31, 2002.
GeoTrust is a registered trademark of GeoTrust,
Inc. QuickSSL, True BusinessID, True Site and True
Credentials Express are trademarks of GeoTrust, Inc.
All other product names are trademarks or registered
trademarks of their respective owners.
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