ValiCert Announces GeoTrust to Adopt ValiCert B2B Express for Secure B2B Transaction Infrastructure
Latest Member of ValiCert Affiliate Network Offers Solution to Reduce Risk In B2B Transactions
MOUNTAIN VIEW, Calif., March 14 /PRNewswire/ — ValiCert, Inc. (Nasdaq: VLCT), a premier provider of trust solutions for business transactions, today announced that GeoTrust, Inc. has joined the ValiCert Affiliate Network(TM) and has selected the ValiCert B2B Express(TM) solution to provide e-Marketplace and financial service institutions with a way to establish and validate online identities.
As key components of ValiCert B2B Express, the ValiCert Validation Authority(TM) (VA) and ValiCert Digital Receipt Solutions(TM) will be key components of GeoTrust’s global, open authentication service. The non-proprietary nature of the solution will enable GeoTrust to work with virtually all existing certificate authorities to validate the issuing of digital certificates while providing a legal-grade audit trail in the event dispute resolution is required. GeoTrust’s solution will deliver e-Marketplace participants a fast, open, and secure way to authenticate trading partners and reconstruct transactions in a binding and auditable manner.
“GeoTrust has a strong understanding of the importance of trust solutions in business-to-business trading,” said Sathvik Krishnamurthy, vice president of marketing and business development for ValiCert. “By adopting our VA and Digital Receipt capabilities, they can offer the necessary components for secure, trusted transactions regardless of authentication methods and certificate authorities involved.”
“ValiCert has a deep knowledge of working with different certificate authority technologies. Their B2B Express solution allows our customers to use any CA, while offering robust identity and non-repudiation services for B2B marketplaces,” said Jothy Rosenberg, president and chief operating officer of GeoTrust. “Together we can further remove the risks now involved in global online trading.”
About GeoTrust, Inc.
GeoTrust, Inc. is a leader in the emerging field of online trust. With its suite of services and strategic alliance partnerships, the company reduces the risk within b-to-b digital marketplaces by providing buyers and sellers with instant access to a participant’s online identity in b-to-b transactions. Built upon a comprehensive collection of participant-disclosed data, third-party and transaction feedback data that encompasses business policies, practices and performance history, these True Credentials value the risk of entering an online transaction for trading partners.
GeoTrust will be speaking at the “Platforms for Communication Forum,” March 28th in Scottsdale, AZ. The forum is sponsored by Esther Dyson’s EDventure Holdings. The forum brings together online business-to-business trading industry heavyweights to consider the state of the market and expected future developments. GeoTrust was also recently selected as one of the 15 companies showcased at the Forrester Research Executive Forum in Boston. Forrester chooses companies that represent important emerging trends, such as online trust. More information about GeoTrust can be found on the company’s Web site at www.geotrust.com.
About ValiCert
ValiCert is a leading provider of trusted transaction infrastructure products and managed services for conducting business safely over the Internet. The company’s open and neutral security solutions are designed to enable enterprises and service providers to protect all phases of the transaction lifecycle, regardless of which certificate authorities, payment vendors or applications are used. ValiCert’s products and services are available through its direct sales force, resellers and global affiliate network.
ValiCert has technology and marketing alliances with a range of security, e-Commerce and wireless companies, as well as systems integrators. The company’s customers include Global 2000 organizations in financial services, telecom, healthcare and government sectors. ValiCert is headquartered in Mountain View, California and has offices through out the U.S., Canada, Europe and Asia. ValiCert is available on the World Wide Web at www.valicert.com.
NOTE: ValiCert, ValiCert B2B Express, ValiCert Affiliate Network and ValiCert Validation Authority are trademarks of ValiCert, Inc. All other product and brand names are trademarks or registered trademarks of their respective owners.
Except for historical information, this press release includes forward-looking statements concerning the company’s current expectations regarding future events, including the company’s relationship with GeoTrust. These statements are denoted by such words as “expected” and other similar words. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ from those stated in this release. These risks and uncertainties include the company’s relationship with GeoTrust, the integration of the company’s products with GeoTrust’s products, as well as those reflected in the company’s filings with the Securities and Exchange Commission, particularly the company’s final prospectus dated July 27, 2000. The company undertakes no obligation to update the information contained in this press release.