Intel Developer Forum, San José, Sept. 10, 2002 - Intel Corporation and VeriSign, Inc. (Nasdaq: VRSN), the leading provider of digital trust services, today announced they will work together to improve wireless security for corporate notebooks based on Intel's upcoming Banias processor.
The collaboration aims to deliver more secure notebooks via enhanced hardware-software optimizations between the two companies' technologies. Intel and VeriSign's goal is to deliver a more secure computing environment, which will enable improved security enhanced remote access and messaging, single sign-on and trusted peer-to-peer computing in an enterprise computing environment.
With increased cyber-attacks on corporate systems, many enterprise customers are paying even more attention to network security issues. This is particularly true as the corporate workforce brings mobility and wireless communications into their work environment. As the notebook market segment continues to grow and diversify, and wireless Local Area Networks (LANs) become more commonplace, Banias-based notebooks with integrated wireless connectivity are expected to help fuel new levels of mobility and increase growth. Indeed, according to the industry analyst firm International Data Corp., mobile security software is estimated to grow to $1 billion by 2006.
"Our work together will enable a new generation of safer, mobile wireless computing, bringing a wide range of security enhanced applications and software for future Banias PC users," said Anand Chandrasekher, vice president and general manager, Intel's Mobile Platforms Group. "This is a significant step in addressing authentication and security issues ¾ both of which are critical for end users who desire increased mobility."
"Enterprise customers are increasingly striving to help mobile employees become more productive by making trusted, wireless access as simple as possible," said Anil Pereira, executive vice president and general manager of VeriSign's enterprise and service provider division. "Our collaboration with Intel will enable employees to use security enhanced Banias processor-based notebook PCs to remotely access their corporate network much more easily, with fewer steps for authentication and without a separate hardware token."
"As a founding member of the Trusted Computing Platform Alliance (TCPA) and the first PC manufacturer to ship PCs containing TCPA-compliant Trusted Platform Modules (TPMs), IBM is squarely behind efforts to enhance PC security based on industry standards. We welcome the plans announced by Intel and VeriSign to further enhance PC security with technologies based on TCPA standards," said Fran O'Sullivan, general manager, PC products and services, IBM Personal Computing Division.
Under the multi-year agreement between Intel and VeriSign, VeriSign will optimize its digital certificates and Personal Trust Agent (PTA) for future mobile computing platforms based on Intel's next generation mobile processor, codenamed Banias. VeriSign's PTA is software that transparently handles digital certificate functions, such as key management and storage, while providing a greatly enhanced experience for the end user. The collaboration will enable PC Original Equipment Manufacturers (OEMs) to integrate VeriSign's PTA and digital certificates into Banias processor-based notebook PCs. This integration will provide IT managers with a platform that can be deployed with VeriSign's Public Key Infrastructure services to enable strong authentication, authorization, digital signatures, encryption and more secure messaging.
By incorporating digital certificate functionality into TPM chips that support Banias processor-based notebook PCs, a user's digital certificates and attributes can be stored in hardware, making it much more difficult to compromise the certificates and attributes via traditional network or Internet connections. This also transforms any TPM-enabled Banias processor-based notebook PC into a "digital credential" that can then be used to perform many e-business functions in the corporate IT environment, such as single sign-on, more secure remote access, and trusted peer-to-peer computing.
About VeriSign
VeriSign, Inc. (NASDAQ: VRSN) is the leading provider of digital trust services that enable everyone, everywhere to engage in commerce and communications with confidence. VeriSign's digital trust services create a trusted environment through four core offerings -- Web presence services, security services, payment services, and telecommunications services -- powered by a global infrastructure that manages more than seven billion network connections and transactions a day. Additional news and information about the company is available at www.verisign.com.
Statements in this announcement other than historical data and information, constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause VeriSign's actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, VeriSign's limited operating history under its current business structure, the risk that businesses of previously-acquired companies as well as other businesses will not be integrated successfully and unanticipated costs of such integration; uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results; the ability of VeriSign to successfully develop and market new services and customer acceptance of any new services; the risk that VeriSign's announced strategic relationships may not result in additional products, services, customers and revenues; increased competition and pricing pressures; risk that the company may not be able to achieve anticipated cost savings from the restructuring; and risks related to potential security breaches. More information about potential factors that could affect the company's business and financial results is included in VeriSign's filings with the Securities and Exchange Commission, including in the company's Annual Report on Form 10-K for the year ended December 31, 2001 and quarterly reports on Form 10-Q. VeriSign undertakes no obligation to update any of the forward-looking statements after the date of this press release.
Intel is 's werelds grootste chipfabrikant en een vooraanstaand producent van personal computer-, netwerk- en communicatieproducten. Meer informatie over Intel is te vinden op: http://www.intel.com/pressroom/.
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