Register.com to issue Baltimore Digital Certificates making e-security accessible to All e-businesses
Using Baltimore's e-security solutions, Register.com will offer customers the highest level of security available
(EMAILWIRE.COM, November 20, 2000 ) New York, NY and Dublin, Ireland -- November 20, 2000 Register.com (Nasdaq: RCOM), one of the leading domain name registrars on the Internet, and Baltimore Technologies (NASDAQ:BALT; London:BLM), a global leader in e-security solutions, today announced an agreement to offer Baltimore digital certificates to Register.com customers worldwide. Register.com will expand its business offering to provide digital certificates to its customers, allowing them to conduct business online with the highest level of security (128-bit) available.
Scheduled for launch in December 2000, Register.com customers will soon be able to purchase a digital certificate while registering a domain name, further expanding Register.com's role as an online business partner and extending Baltimore's security solutions into the mainstream market of small to medium-sized businesses.
"Register.com has always been committed to providing its customers with the tools they need to build their business online, and digital certificate technology has become an integral part of a successful e-commerce strategy," said Richard Forman, President and CEO of Register.com. "By teaming up with Baltimore Technologies, we're confident we can provide Register.com customers with a better option than what's currently on the market -- one that combines quality, affordability and easy accessibility."
Digital certificates allow web merchants to secure online communication and transactions by verifying the site's authenticity and encrypting private information such as credit card numbers. They act like "electronic passports" enabling companies worldwide to offer secure services for a wide variety of e-business applications such as accessing control of personalized end-user services, voting electronically, authorizing bank transactions, and purchasing goods and services online.
Fran Rooney, Chief Executive Officer of Baltimore Technologies said, "This agreement brings our certificate products to the widest possible audience. Now companies going online can buy world class security at the same time as establishing their web presence. We're proud to partner with an industry leader such as Register.com and further reinforce our position as a leading provider of security solutions that are enabling e-businesses worldwide."
The market for digital certificates has experienced dramatic growth over the last two years and is forecasted to continue this trend. International Data Corporation (IDC) has predicted that the market for digital certificates will grow from $148.9 million in 2000 to $726.4 million in 2003. Baltimore root certificates are installed in millions of browsers worldwide allowing Register.com to offer its customers one of the most competitive product offerings for small businesses. Through the use of Baltimore UniCERT PKI technology and Baltimore's embedded root digital certificates, companies can now expand their business offering to provide trusted e-commerce services.
"Based on customer surveys, over half of all register.com customers see digital security as an important part of conducting business online, and thanks to today's alliance with Baltimore Technologies, we're in a great position to fulfill this burgeoning need," said Ronald Fried, Senior Vice President of Business Development at Register.com. "By generating a more competitive environment, we hope to do with the digital certificate market what we did with the domain registration market and make obtaining online security services easier and more affordable than ever before."
About Register.com
Register.com, Inc. (www.register.com) provides domain name registration and other Internet services for individuals and businesses that wish to have a unique address and a branded identity on the Internet, including domain name resale services through its subsidiary, Afternic.com. Register.com also provides telcos, ISPs and other online businesses and communities with the ability to offer, brand and manage their own unique version of the register.com domain registration and Web site creation services.
The first registrar to compete in the domain registration market after the US government deregulated the industry in 1999, Register.com has processed over 3 million domain registrations across over 230 top level domain extensions. The company was founded in 1994 and is based in New York City. For investor information, visit our Web site at http://investor.register.com.
About Baltimore Technologies
Baltimore Technologies develops and markets security products and services to enable companies to develop trusted, secure systems for e-business, the Internet and mobile commerce. Its products include a wide range of Public Key Infrastructure (PKI) products and services, wireless e-security solutions, cryptographic tool-kits, access control & authorization, content security (MIMEsweeper products), security applications and hardware cryptographic devices. Baltimore's global professional services organization offers a wide variety of consulting, training and deployment support to its customers worldwide. Baltimore Technologies markets and sells its solutions worldwide directly and through the TrustedWorld channel program. Baltimore TrustedWorld includes many of the world's leading technology companies and a wide variety of global, regional and local business alliance partners.
Baltimore Technologies employs over 1000 people worldwide and operates from over 30 cities, with headquarters in Dublin, Ireland; London, UK; Boston, USA and Sydney, Australia. Baltimore Technologies plc is a public company with dual listings on NASDAQ (BALT) and the London Stock Exchange (BLM).
For further information and press releases on Baltimore Technologies, please visit http://www.baltimore.com.
####
Baltimore Technologies, Telepathy, KeySteps, TrustedWorld, PKIWorld and Baltimore product names including UniCERT, UniCERT Options, MailSecure, KeyTools, SolutionsPlus, SureWare, SelectAccess, MIMESweeper are all trademarks of Baltimore Technologies plc and Content Technologies Limited. All other trademarks are the property of their respective owners.
Certain statements that are not historical facts including certain statements made over the course of this document may be forward-looking in nature. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance and achievements of the Company to be materially different from any future results, performance or achievements implied by such forward-looking statements.
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, volatility in Register.com's stock price, uncertainty of future revenue and profitability, uncertainty regarding the introduction of new top level domains and multilingual domain names, increasing competition across all segments of the domain name registration business, 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 and 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 September 30, 2000.
Scheduled for launch in December 2000, Register.com customers will soon be able to purchase a digital certificate while registering a domain name, further expanding Register.com's role as an online business partner and extending Baltimore's security solutions into the mainstream market of small to medium-sized businesses.
"Register.com has always been committed to providing its customers with the tools they need to build their business online, and digital certificate technology has become an integral part of a successful e-commerce strategy," said Richard Forman, President and CEO of Register.com. "By teaming up with Baltimore Technologies, we're confident we can provide Register.com customers with a better option than what's currently on the market -- one that combines quality, affordability and easy accessibility."
Digital certificates allow web merchants to secure online communication and transactions by verifying the site's authenticity and encrypting private information such as credit card numbers. They act like "electronic passports" enabling companies worldwide to offer secure services for a wide variety of e-business applications such as accessing control of personalized end-user services, voting electronically, authorizing bank transactions, and purchasing goods and services online.
Fran Rooney, Chief Executive Officer of Baltimore Technologies said, "This agreement brings our certificate products to the widest possible audience. Now companies going online can buy world class security at the same time as establishing their web presence. We're proud to partner with an industry leader such as Register.com and further reinforce our position as a leading provider of security solutions that are enabling e-businesses worldwide."
The market for digital certificates has experienced dramatic growth over the last two years and is forecasted to continue this trend. International Data Corporation (IDC) has predicted that the market for digital certificates will grow from $148.9 million in 2000 to $726.4 million in 2003. Baltimore root certificates are installed in millions of browsers worldwide allowing Register.com to offer its customers one of the most competitive product offerings for small businesses. Through the use of Baltimore UniCERT PKI technology and Baltimore's embedded root digital certificates, companies can now expand their business offering to provide trusted e-commerce services.
"Based on customer surveys, over half of all register.com customers see digital security as an important part of conducting business online, and thanks to today's alliance with Baltimore Technologies, we're in a great position to fulfill this burgeoning need," said Ronald Fried, Senior Vice President of Business Development at Register.com. "By generating a more competitive environment, we hope to do with the digital certificate market what we did with the domain registration market and make obtaining online security services easier and more affordable than ever before."
About Register.com
Register.com, Inc. (www.register.com) provides domain name registration and other Internet services for individuals and businesses that wish to have a unique address and a branded identity on the Internet, including domain name resale services through its subsidiary, Afternic.com. Register.com also provides telcos, ISPs and other online businesses and communities with the ability to offer, brand and manage their own unique version of the register.com domain registration and Web site creation services.
The first registrar to compete in the domain registration market after the US government deregulated the industry in 1999, Register.com has processed over 3 million domain registrations across over 230 top level domain extensions. The company was founded in 1994 and is based in New York City. For investor information, visit our Web site at http://investor.register.com.
About Baltimore Technologies
Baltimore Technologies develops and markets security products and services to enable companies to develop trusted, secure systems for e-business, the Internet and mobile commerce. Its products include a wide range of Public Key Infrastructure (PKI) products and services, wireless e-security solutions, cryptographic tool-kits, access control & authorization, content security (MIMEsweeper products), security applications and hardware cryptographic devices. Baltimore's global professional services organization offers a wide variety of consulting, training and deployment support to its customers worldwide. Baltimore Technologies markets and sells its solutions worldwide directly and through the TrustedWorld channel program. Baltimore TrustedWorld includes many of the world's leading technology companies and a wide variety of global, regional and local business alliance partners.
Baltimore Technologies employs over 1000 people worldwide and operates from over 30 cities, with headquarters in Dublin, Ireland; London, UK; Boston, USA and Sydney, Australia. Baltimore Technologies plc is a public company with dual listings on NASDAQ (BALT) and the London Stock Exchange (BLM).
For further information and press releases on Baltimore Technologies, please visit http://www.baltimore.com.
####
Baltimore Technologies, Telepathy, KeySteps, TrustedWorld, PKIWorld and Baltimore product names including UniCERT, UniCERT Options, MailSecure, KeyTools, SolutionsPlus, SureWare, SelectAccess, MIMESweeper are all trademarks of Baltimore Technologies plc and Content Technologies Limited. All other trademarks are the property of their respective owners.
Certain statements that are not historical facts including certain statements made over the course of this document may be forward-looking in nature. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance and achievements of the Company to be materially different from any future results, performance or achievements implied by such forward-looking statements.
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, volatility in Register.com's stock price, uncertainty of future revenue and profitability, uncertainty regarding the introduction of new top level domains and multilingual domain names, increasing competition across all segments of the domain name registration business, 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 and 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 September 30, 2000.
Contact Information:
Baltimore Technologies
Joseph Nchor
Tel:
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Baltimore Technologies
Joseph Nchor
Tel:
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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