AuthentiDate, ChoicePoint Create Strategic Alliance.Business Editors/High-Tech Writers SCHENECTADY, N.Y.--(BUSINESS WIRE)--Oct. 9, 2003 AuthentiDate Holding Corp. (Nasdaq:ADAT (Alesis Digital Audio Tape) A digital audio recording technology from Alesis, LLC, Cumberland, RI (www.alesis.com). In 1992, Alesis introduced the first 8-track digital tape recording system. ) and ChoicePoint (NYSE NYSE See: New York Stock Exchange :CPS (1) (Characters Per Second) The measurement of the speed of a serial printer or the speed of a data transfer between hardware devices or over a communications channel. CPS is equivalent to bytes per second. ) today announced the companies will jointly build an identity portal to create a new level of trust and security for Internet transactions. Under the agreement, AuthentiDate will develop a Web-based 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. portal to allow Internet users Internet user n → internauta m/f Internet user Internet n → internaute m/f to apply for a verified digital identity, creating a general-purpose tool that allows corporations to trust the identities of its employees, customers and partners when transacting business over the Internet. ChoicePoint, the leading provider of identification and credential verification services, will provide a set of unique questions to an applicant that only he or she can answer about their personal property, credit, driving or insurance history. Once the applicant successfully completes the questionnaire, their identity is authenticated au·then·ti·cate tr.v. au·then·ti·cat·ed, au·then·ti·cat·ing, au·then·ti·cates To establish the authenticity of; prove genuine: a specialist who authenticated the antique samovar. and they could be issued a digital identity. AuthentiDate, a third-party provider of services that protect the integrity of data enabling the transition from paper-based to electronic-based applications, has implemented many desktop- and browser-based signing solutions. Providing a trusted identity brings additional value to these solutions. The new AuthentiDate and ChoicePoint identity portal will provide a simple and inexpensive process to obtain a trusted electronic identity. The convenience of the portal will provide another access for the adoption of AuthentiDate's e-signing solutions. The portal will be available as a service solution. Corporations and digital identity providers will be able to utilize these new authentication services, invoking their own requirements under their own brand. "ChoicePoint is committed to the responsible use of information to help make better decisions, but in a way that respects privacy and protects an individual's identity," said Michael Reene, vice president and general manager, ChoicePoint Public Records Group. "This new portal will help bring more confidence to Internet transactions, proving the positive power of information to identify and authenticate (1) To verify (guarantee) the identity of a person or company. To ensure that the individual or organization is really who it says it is. See authentication and digital certificate. (2) To verify (guarantee) that data has not been altered. individuals in previously risky transactions." "The portal developed by AuthentiDate, using ChoicePoint's data, should prove beneficial to the corporate world," said John Botti Raphael Jose Botti (born February 23, 1981) simply known as Botti, is a Brazilian professional footballer. He plays as a midfilder for Vissel Kobe. Botti is a hard-working and talented player who may not get on the scoresheet too often – just 14 times in his five years , AuthentiDate chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Through its use, corporations will have a higher degree of confidence in their electronic transactions because they can trust the identity of those with whom they are conducting business." AuthentiDate and ChoicePoint noted that their new agreement was electronically signed by both parties using the desktop-signing application recently developed by AuthentiDate. About AuthentiDate Holding Corp. AuthentiDate Holding Corp. (AHC AHC Appalachian Hardwood Center AHC American Heritage Center (University of Wyoming, Laramie, WY) AHC American Horse Council AHC Association for History and Computing AHC Australian Heritage Commission AHC Assault Helicopter Company ) is the holding company of five business units; DocStar, AuthentiDate International AG, AuthentiDate, Inc., DJS Marketing Group/Computer Professionals International and Trac Medical Solutions, Inc. DocStar sells a complete line of proprietary document imaging products. AuthentiDate and AuthentiDate AG provide the authentication of digital data through its proprietary and patent pending technology. AuthentiDate intends to establish itself as the authority on "content security" as it is a growing sector of the electronic network security infrastructure market. DJS delivers professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. centered around technology systems integration projects, staff augmentation AUGMENTATION, old English law. The name of a court erected by Henry VIII., which was invested with the power of determining suits and controversies relating to monasteries and abbey lands. , out-tasking, outsourcing services and resells computer-related products. Trac Medical uses the AuthentiDate service in the medical supply business. About ChoicePoint ChoicePoint (NYSE:CPS) is the leading provider of identification and credential verification services for making smarter decisions in a world challenged by increased risks. Serving the needs of business, government, non-profit organizations A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. and individuals, ChoicePoint works to create a safer and more secure society through the responsible use of information while ensuring the protection of personal privacy. For more information, visit the company's Web site at www.choicepoint.com. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Act of 1934. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect," and similar expressions identify such forward-looking statements. Such statements regarding future events and/or the future financial performance of The Company are subject to certain risks and uncertainties, which could cause actual events or the actual future results of the Company to differ materially from any forward-looking statement. Such risks and uncertainties include, among other things, the availability of any needed financing, the Company's ability to implement its business plan for various applications of its technologies, the impact of competition, the management of growth, and the other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. ChoicePoint is a registered trademark of ChoicePoint Asset Company. |
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