Baltimore Technologies and iS-One Announce Strategic Partnership in China.

Business Editors/High-Tech Writers

BEIJING--(BUSINESS WIRE)--Dec. 2, 2002

Baltimore and iS-One Team up to Deliver Web Access Control and PKI Based Security Solutions in China

Baltimore Technologies (London: BLM), a global leader in e-security, today announced its entry into the Chinese market through a strategic partnership with Information Security One (iS-One), a leading provider of integrated network security solutions and services in China. The partnership brings together Baltimore's leading security technology and iS-One's strength in delivering security solutions to create a strong force for deploying Web Access Control and public-key based security solutions in China.

Under the terms of the partnership both companies will collaborate to leverage the benefits of strong authentication and secure access by supplying e-security solutions to the Chinese banking, financial and telecommunications markets. The partnership will initially focus on deploying secure Web Access Control solutions and will expand to the deployment of Baltimore's public key based products as well as Baltimore's recently released Trusted Business Suite.

"Baltimore Technologies is the ideal partner for iS-One and, as two leaders in the security solutions market, we look forward to working together capturing the huge growth in China that the increase in Internet usage is generating in the region," commented Paul Cheng, Chairman and CEO for International Security One Limited. "Baltimore's strong authentication and authorisation products are the perfect complement to our own network security solutions and services, which will further enhance our leading position as a one-stop solution provider."

"Baltimore is at the forefront of delivering high-powered, e-security products to the world's leading companies and we are delighted to be partnering with a company that has iS-One's track record in deploying security solutions," said Gavan Egan, Senior Vice President Asia Pacific for Baltimore Technologies plc. "Our teams have been collaborating for some time now in preparing solutions that leverage the strength of both our companies to specifically address the e-security needs of the Chinese market. Entering the Chinese market today is a natural extension of our strong presence in the Hong Kong market for many years and underpins our long-term commitment to the region."

Baltimore's Asia Pacific headquarters are located in Hong Kong and key customers in the region include Hong Kong Post, JETCo and Tradelink in Hong Kong, TaiwanCA, TradeVan and the Legislative Yuan in Taiwan, Macau government in Macau, and Chochung Bank and Kica in Korea. iS-One is Baltimore's first partner to be appointed in China and significantly strengthens the company's position in the Asia Pacific region.

Today Baltimore also announced that it has developed a PKI-based security infrastructure in compliance with Chinese state cryptographic legislation in cooperation with Jinan Dean Computer Technology Ltd.

About Baltimore Technologies

Baltimore Technologies' products, services and solutions address the fundamental security needs of e-business in distributed environments. Baltimore's e-security technology enables companies to verify the identity of electronic counterparties and securely manages which resources and information users can access through open networks. Many of the world's leading organisations in Finance and Government have deployed Baltimore's e-security technology to enable e-business over fixed and wireless networks. Baltimore also offers worldwide support for its authorization management and public key-based authentication products.

Baltimore's products, services and solutions are sold directly as well as through its worldwide partner network, Baltimore TrustedWorld(TM). Baltimore Technologies is a public company, listed on the London Stock Exchange (BLM). For more information on Baltimore Technologies, please visit http://www.baltimore.com

About iS-One

Established in 1997, Information Security One Limited (iS-One) is a leading provider of integrated network security solutions and services in China and Hong Kong. iS-One provides best-of-breed network security solutions and security products, as well as consultancy and educational services. iS-One is recognised as a dominant service provider in China, and has captured more than two-thirds of the IDnA market share. Specialising in network security for telecommunications and the banking industry, iS-One has secured an impressive list of clients including five of the largest telcos in China, the People's Bank of China and major commercial banks in the territory.

Today, iS-One has over 180 employees, a team of elite professionals with widely recognised international qualifications in network security, and widespread business operations both in China and Hong Kong. In June 2000, iS-One Security Laboratory was created to maintain the company's leading role in the industry and to support on-going research and development.

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.