ANZ Bank Selects Baltimore for E-commerce Security Initiative.Business Editors, High-Tech Writers SYDNEY, Australia --(BUSINESS WIRE)--Oct. 9, 2000 ANZ ANZ Australia and New Zealand ANZ Australia and New Zealand Banking Group Limited ANZ Air New Zealand (NZ national airline) and Baltimore Technologies Baltimore Technologies was an internet security firm founded in 1976 by Michael Purser. It was acquired in 1996 by a team financed by Dermot Desmond and led by Fran Rooney, who became CEO. To Provide Digital Certificates for Secure, Authenticated Banking in Australia Baltimore Technologies (Nasdaq:BALT BALT bronchus-associated lymphoid tissue. BALT Bronchiole-associated lymphoid tissue, see MALT ; London:BLM BLM n abbr (US) (= Bureau of Land Management) → les domaines ), a global leader in e-security, today announced that ANZ (Australian and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. Banking Group Ltd) has chosen its technology, hosting facilities and consulting services to support two strategic e-security systems that will enable trusted e-commerce for its online business customers. Baltimore's digital certificate technology will enable the ANZ Bank to provide a more secure and trusted online environment for its business customers and business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) transactions globally. Using Baltimore UniCERT Certificate Management System, ANZ is able to issue unique identities in the form of digital certificates to business customers so they can confidently interact with the bank and other trading partners. "The international banking and finance market for secure online transactions is growing rapidly. ANZ has a well-founded reputation as a proactive innovator of technology and a clear vision to lead in the provision of online banking services. We look forward to working with ANZ to help fulfill this vision," said John Palfreyman, Managing Director, Asia Pacific, Baltimore Technologies. These e-security systems will be one of Australia's first large-scale applications of Public Key Infrastructure (PKI (Public Key Infrastructure) A framework for creating a secure method for exchanging information based on public key cryptography. The foundation of a PKI is the certificate authority (CA), which issues digital certificates that authenticate the identity of ) technology in the banking sector. PKI solutions employing digital certificates are the globally accepted means by which online authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. , robust e-security and non-repudiable electronic transactions are achieved. "Our digital certificate technology initiative will enable our business customers to more easily trust and identify potential trading partners across the world," said ANZ Head of Business eCommerce, Mr. Mike Irvine. "Potentially, this facilitates companies opening new markets and carrying out numerous B2B commerce activities -- not just financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. -- with lower transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). ." Further commenting, Irvine said, "We chose Baltimore after an extensive evaluation of competing suppliers. Baltimore offered the most internationally proven, flexible and scaleable PKI technology. And with over 100 staff on the ground in Australia, we have access to experts on a one-on-one basis." Through the use of digital certificates, ANZ's business customers will also be able to conduct transactions with the Federal and State Governments. Baltimore Technologies was the first technology supplier to gain accreditation under the Australian Federal Government's PKI Strategy -- Gatekeeper In an H.323 IP telephony or video environment, a gatekeeper is a device that manages domains and provides call control. It is used to translate user names into IP addresses, to authenticate users and to manage network resources. . The nature of Baltimore Technologies' solutions means the ANZ can issue digital certificates directly, or enable other partners and third parties -- potentially, other financial institutions to issue them. Baltimore's solutions can be scaled to support millions of transactions daily on a national or international basis. Baltimore Technologies will host ANZ's Certificate Authorities at its high security purpose-built PKI data centre in Australia. Although hosted by Baltimore, ANZ owns and controls the technology platform. About Baltimore Technologies in Australia Baltimore Technologies Pty Ltd PTY LTD Propriety Limited (company structure in Australia) . employs over 100 people in Australia which includes a team of staff engaged in research and product development for the global market and a team of professionals engaged in e-security consulting, integration, training and support for customers and partners throughout the Asia-Pacific region. Baltimore also operates a digital certificate hosting service, Baltimore Certificates Australia Pty Ltd., for the local market and was the first company to achieve accreditation under the Federal PKI Strategy -- Gatekeeper. Australian customers include Telstra, the Australian Tax Office, Australian Payments Clearing Association The Australian Payments Clearing Association (APCA) sets, manages and develops regulations, procedures and standards governing payments clearing and settlement within Australia. The APCA is a public company owned by banks, building societies and credit unions. and the Health Insurance Commission. 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, security applications and hardware cryptographic devices. Baltimore's global professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. organisation 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. 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 800 people worldwide and operates from 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 London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (BLM). On September 14, Baltimore Technologies announced its definitive agreement to acquire Content Technologies, developers of the MIMEsweeper range of products and the market leader in content security solutions http://www.contenttechnologies.com. On October 4, Baltimore Technologies announced its agreement to acquire Nevex, an innovator in policy-driven authorization technology for secure e-business deployments. For further information and press releases on Baltimore Technologies, please visit www.baltimore.com. Baltimore Technologies, e|security, Telepathy telepathy, supposed communication between two persons without recourse to the senses. The word was formulated in 1882 by Frederic William Henry Myers, English poet, essayist, and a leading founder of the Society for Psychical Research in London. , KeyTools, TrustedWorld, PKIWorld and Baltimore product names including UniCERT, UniCERT Options, MailSecure, PKI-Plus and J/CRYPTO are all trademarks of Baltimore Technologies plc. 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. |
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