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Verisign, Sun, iPlanet and Gemplus to Deliver Easy-to-Deploy E-commerce Solution for Financial Institutions
CIBC First to Select End-to-End Identrus Enabled E-Commerce Solution for Trusted Online Transactions
January 23, 2001 – VeriSign, Inc. (Nasdaq: VRSN), the leading provider of Internet trust services, iPlanet™ E-Commerce Solutions, a Sun-Netscape Alliance, and Gemplus, the world's number one provider of smart card-based solutions, today announced their intent to provide a complete e-commerce solution for Identrus participants. The companies also announced today that Canadian Imperial Bank of Commerce (CIBC) is the first customer to adopt the integrated solution, which will provide financial institutions with an Identrus enabled technology platform that helps them to operate as trusted third parties for issuing digital certificates to their corporate customers. Digital certificates serve as unique, forge-proof online credentials, authenticating the identity of each individual and identifying privileges and attributes for authorized access to private online information.
“We are pleased to be the first to adopt this exciting initiative, which is another step in our ongoing effort to work with industry leaders to offer our corporate customers a secure global framework to verify the identity of their trading partners around the world,” said Ms. Susan Frostad, General Manager, Identrus Project Team, Electronic Commerce, CIBC. “By leveraging this integrated solution, we are now able to use this e-commerce security infrastructure to certify our corporate customers as trusted trading partners on the Internet. Once certified, these trading partners can conclusively identify one another online, ensure their communications are secure, and compile an indisputable record of commercial activities.”
Identrus, formed by leading financial institutions, has established the necessary components, both technological and operational, to enable financial institutions to leverage their unique positions as the traditional agents for commercial collaboration to add a legal and business framework to traditional Public Key Infrastructure (PKI). Digital certificates issued by Identrus participant institutions will offer customers the certainty they require to conduct negotiations, forge agreements and arrange for payments in a trusted and more secure manner, merging these traditionally separate processes.
VeriSign, iPlanet and Gemplus are teaming to provide financial institutions with certificate-based services and software that meet with the Identrus specifications, designed to enable financial institutions to deploy an Identrus infrastructure at less cost and in a shorter timeframe. In addition, VeriSign, iPlanet, and Gemplus are pleased to announce a Test Drive program for the Identrus system. This is a trial program that allows financial institutions to try-out VeriSign, iPlanet and Gemplus technologies over the Internet with minimum effort and no cost.
“Under the Identrus program, financial institutions are the ideal providers of identification and identity risk management in the virtual world, as they have the experience and the infrastructure needed to facilitate trusted e-commerce,” said Kristin Kupres, COO of Identrus. “We're pleased that leading technology providers such as VeriSign, iPlanet, and Gemplus, are teaming up to provide a fast, easy and affordable way for financial institutions to quickly deploy Identrus applications and infrastructure.”
By utilizing the Test Drive program for the Identrus system, financial institutions can quickly and easily try out an Identrus infrastructure without implementing complex solutions in their test labs. To help financial institutions familiarize themselves with the Identrus framework, the Test Drive gives companies access to free trial software over the Internet. This will enable financial institutions to test the following components:
crypto-secured digital identities called Identrus Global IDs; provided through VeriSign proven 24X7 digital certificate architecture
smart card-based digital signature, processed by Gemplus’ GemSAFE™ IS Workstation technology, which includes PKI smart cards storing user private keys and Identrus Global IDs, smart card readers and signing interface software
real-time validation of Identrus Global IDs; provided through VeriSign validation services including real-time certificate validation
an iPlanet test purchasing application developed for the Test Drive, which provides a ‘real life’ experience using a live, Identrus enabled service
Identrus Certificate Status Check; processed by the iPlanet Trustbase™ Transaction Manager, which provides the implementation of the Identrus Transaction Coordinator.
Sun’s powerful servers running the Solaris™ Operating Environment will provide the robust enterprise network-computing platform for the Test Drive program. Of great importance to financial institutions, the Solaris Operating Environment delivers the five critical requirements for Internet-based systems – scalability, availability, manageability, security and connectivity.
“As much as businesses rely on Identrus participants to provide them with the high level of trust necessary for secure e-commerce to happen, financial institutions rely on companies like us to help them simplify their PKI infrastructure deployment process and ongoing operations,” said Mary Anderson, vice president of enterprise marketing for VeriSign. “By providing financial institutions with a fast and easy way to deploy their integrated technology platform based on Identrus systems, financial institutions will now be able to support their customers to securely move critical business processes on the Internet and engage in trusted Internet commerce.”
“iPlanet, Gemplus, and VeriSign are all market leaders that are working with Identrus to provide solutions for their member financial institutions,” said Shabber Jaffer, General Manager of Trustbase Product Group, iPlanet E-Commerce Solutions. “Identrus and its member financial institutions are making strides toward a complete, easy-to-use system that meets the new economy needs of an increasing number of worldwide financial institutions and their customers. We expect that this new integrated technology platform will speed the adoption of Internet-based financial transactions for financial institutions, as well as increasing the comfort level of those institutions making business to business transactions and speed the adoption of open digital marketplaces."
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Pricing and Availability
The Test Drive for the Identrus system is available free of charge. For more information about the Test Drive for the Identrus system program, please contact Globalid@VeriSign.com.
Register for the test drive program
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About Gemplus
Gemplus (www.gemplus.com) is the world's number one provider of smart card based solutions for security, wireless and e-business applications. Offering consulting services, design, software, hardware, personalization and full implementation, Gemplus works with its customers around the world to deliver comprehensive, integrated and tailor-made smart card based systems. The Group's customers use Gemplus memory and microprocessor smart cards, smart contactless cards, electronic tags, smart objects and magnetic stripe cards to simplify and secure a wide range of applications. From Web based and mobile commerce to financial transactions, loyalty, transportation, education healthcare, identity, pay TV and physical and logical access control, Gemplus provides intelligent end-to-end solutions that bring security, convenience and ease-of-use to millions of people worldwide. Founded in 1988, Gemplus had sales of over 767 millions of Euro ($US 817 millions) in 1999, and employs almost 6,300 people in 17 manufacturing facilities, 7 R&D centers and 44 sales and marketing offices located in more than 37 countries.
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About VeriSign
VeriSign, Inc. is the leading provider of trusted infrastructure services to Web sites, enterprises, electronic commerce service providers and individuals. The company's domain name, digital certificate and payment services provide the critical web identity, authentication and transaction infrastructure that online businesses need to conduct secure e-commerce and communications. VeriSign's services are available through its websites (www.verisign.com and www.netsol.com) or through its direct sales force and reseller partners around the world.
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About iPlanet E-Commerce Solutions
iPlanet E-Commerce Solutions, a Sun-Netscape Alliance, was established in March 1999 by America Online, Inc. (NYSE: AOL) and Sun Microsystems, Inc. (NASDQ:SUNW) to power the next wave of the net economy through thought leadership, technical innovation, expert services and the creation of exceptional customer satisfaction. The iPlanet™ Internet Service Deployment Platform is the industry's leading software environment designed to enable rapid assembly and deployment of scalable Internet services. Based on best-of-breed, open and proven technologies, the platform includes the world's #1 Messaging, Directory, Web and Application Servers. For more information, consult the iPlanet E-Commerce Solutions Web site at www.iplanet.com.
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Contacts
Gemplus, Marielle Bricman
tel: 33 4 42 36 55 96
email: marielle.bricman@gemplus.com
Verisign, Muriel Jaouich
tel: 1 650-429-3546
email: mjaouich@verisign.com
iPlanet, Amy Raimundo
tel: 1 503-221-2351
email: araimundo@kvo.com
©2001 Gemplus All rights reserved. Gemplus,
the Gemplus logo and GemSense are trademarks and service marks of Gemplus
S.A. and are registered in certain countries. All other trademarks and
service marks, whether registered or not in specific countries, are the
property of their respective owners.
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