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[Certicom Logo]
Attention Business Editors:
Certicom Partners with MoneyStream Services to Provide Advanced
Security for New E-Commerce Solutions and Innovative Banking Services
LEADING CANADIAN E-COMMERCE & TRANSACTION PAYMENT PROVIDER TO UTILIZE
CERTICOM'S SSL PLUS, ECC AND MOBILETRUST OFFERINGS
HAYWARD, CA, May 1 /CNW/ - Certicom, a leading provider of m-commerce
security, and MoneyStream Services, Canada's only full service electronic
payment processing company, today announced that MoneyStream has licensed
Certicom encryption technology to provide highly secure, innovative online
financial services to its customers. Under the agreement, MoneyStream will use
Certicom's SSL Plus(TM) technology to secure its powerful electronic payment
gateway technologies. Also announced today is MoneyStream's agreement to enable
trusted financial transactions utilizing Certicom's MobileTrust service.
"Security is a critical business standard that is paramount to our
success in meeting our customers' e-business requirements," said Joey Roa, vice
president of technology for MoneyStream. "It is essential that our payment
processing solution provide for optimal end-to-end security. Certicom's proven
SSL Plus will provide a premier security protocol. In addition, we view
Certicom's MobileTrust service as an important piece of our infrastructure that
will enable signed business transactions."
Certicom's SSL Plus toolkit is the industry's most widely deployed
commercial Secure Sockets Layer (SSL) product, due largely to its ease of use,
rapid development time, and support for RSA, DSA/Diffie-Hellman, and elliptic
curve cryptography (ECC) - the only commercial SSL product with that capability.
MoneyStream is using Certicom's SSL Plus to provide a secure link for its
clients that perform financial transactions utilizing the Internet.
Headquartered in Calgary, Alberta, MoneyStream is dedicated to
delivering a full suite of online financial solutions. MoneyStream's secure,
reliable and cost effective e-commerce and transaction processing solutions
offer users a one-stop, full-service alternative to administering all facets of
e-business payment processing.
"MoneyStream is on the cutting edge of delivering convenient electronic
financial services to businesses and consumers," said Rick Dalmazzi, president
and CEO of Certicom. "A very exciting part of this announcement is MoneyStream's
adoption of the MobileTrust CA service which will provide an added security
backbone to MoneyStream's offerings, so its customers can be assured that their
financial transactions are secure."
MoneyStream, serving as a Registration Authority to MobileTrust, will
issue digital certificates using MobileTrust to authenticate e-business
transactions as well as to protect the integrity and privacy of payment
information exchanged online. MobileTrust is a digital certificate service that
enables service providers, such as MoneyStream, to deliver their transaction
processing solutions to a wide variety of platforms, including mobile devices.
About MoneyStream Services Inc.
MoneyStream Services was founded in 1993 as Canada's only full service
electronic payments processing company. With the proliferation of the
Internet-enabled economy, MoneyStream has evolved and refined its offerings to
satisfy its customers with the most comprehensive selection of electronic
payment processing services. Leveraging the power of the Internet, MoneyStream's
solutions simplify the way its customers move money.
About Certicom
Certicom is an encryption technology company specializing in security
solutions for mobile computing and wireless data markets, including m-commerce.
Major computing and communications companies, such as Palm, Inc., BellSouth
Wireless Data, Motorola, Pitney Bowes, and QUALCOMM incorporate Certicom's
technology into electronic commerce software, wireless messaging applications,
and smart cards. Certicom provides a complete range of OEM security products and
services, including cryptographic toolkits, custom implementations, and security
integration services and consulting. Certicom's worldwide sales and marketing
operations are based in Hayward, California, with cryptographic research and
product development in Toronto, Canada. For
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more information, visit Certicom's Web site at http://www.certicom.com.
SSL Plus, MobileTrust and Certicom are registered 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 Registration Statement on
Form F-10.
/For further information: Lorraine Kauffman, Public Relations, Certicom
Corp., (510) 780-5417, lkauffman(at)certicom.com; Brandin Asuchak, Marketing
Manager, MoneyStream Services Inc., (403) 296-0250 ext106; Jessica Johannes,
Lutchansky Communications for Certicom, (408) 938-9050 x 15,
jessica(at)lcomm.com/
(CIC.)