Baltimore Technologies in Partnership With S&T TechnoServ Leasing Moscow to Provide Security Solutions for Russian Banks & Financial Institutions.DUBLIN, Ireland--(BUSINESS WIRE)--Oct. 11, 1999-- S&T TechnoServ Leasing Moscow joins Baltimore TrustedWorld(TM) Partner Program 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. (London:BLM BLM n abbr (US) (= Bureau of Land Management) → les domaines ), a global leader in e-security solutions, today announced a partnership with S&T TechnoServ Leasing Moscow o.o.o, a leading Russian systems integrator. Under this agreement, S&T TechnoServ Leasing Moscow will use Baltimore 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 products and cryptographic development tools to deliver e-commerce and enterprise security solutions to the financial community in Russia. The relationship with S&T TechnoServ Leasing Moscow was officially announced in the presence of the Irish Prime Minister, Bertie Ahern, who was visiting Moscow with an Irish Trade delegation. E-Security will enable Financial Institutions to confidently implement new, more efficient methods of business practice, attract new customers and suppliers, create new markets, while at the same time reducing costs. Through the use of digital certificates, encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. and PKI-enabled applications, Banks and Financial Institutions can deploy a highly secure, trusted and 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. framework for secure email, web and Virtual Private Networks (VPNs). "S&T TechnoServe Leasing Moscow is excited to partner with Baltimore Technologies and we strongly believe that this alliance will enable us to accelerate the adoption of electronic business by Russia's financial community," said Alexi Ananiev, Chief Executive Officer of S&T TechnoServ Leasing Moscow o.o.o. "Security is an important ingredient for a successful e-commerce offering. By incorporating Baltimore Technologies' security products into our portfolio we are uniquely positioned to ensure our Russian customers have access to proven security solutions for e-commerce that have been deployed by leading organizations worldwide." Baltimore Technologies provides a complete e-Security framework for organizations that wish to maximise return from e-business. Banks and Financial Institutions worldwide are deploying security infrastructures to build confidence in their online offering and to provide a framework for trust and identity. Baltimore UniCERT, Certificate Authority (CA) system, issues and manages digital certificates that act as "digital passports" or "digital IDs" and will attest To solemnly declare verbally or in writing that a particular document or testimony about an event is a true and accurate representation of the facts; to bear witness to. To formally certify by a signature that the signer has been present at the execution of a particular writing so as to the identity of users and data for a variety of e-commerce applications. "Information security, including PKI, enables business and customers to embrace the new market opportunities created by the Internet with the same levels of confidence and trust displayed in the traditional paper-based world. This partnership with S&T TechnoServe Leasing Moscow brings many mutual benefits through the combination of Baltimore's complete range of security products and S&T TechnoServe Leasing Moscow's extensive integration capabilities and strong market knowledge. We look forward to working with them in the Russian market," commented Andy Cash, Vice President Strategic Alliances at Baltimore Technologies. Through this partnership, TechnoServ will become a member of the Baltimore TrustedWorld Partner Program, enabling them to take advantage of business opportunities in the growing security market. The Baltimore TrustedWorld program offers customers complementary solutions and services for enabling truly secure electronic transactions Secure Electronic Transaction (SET) is a standard protocol for securing credit card transactions over insecure networks, specifically, the Internet. SET is not itself a payment system, but rather a set of security protocols and formats that enables users to employ the existing . About Baltimore Technologies Baltimore Technologies develops and markets security products and services for a wide range of e-commerce and enterprise applications. Its products include Public Key Infrastructure (PKI) systems, cryptographic toolkits, security applications and hardware cryptographic devices. Baltimore UniCERT is a modular, scalable, multipurpose mul·ti·pur·pose adj. Designed or used for several purposes: a multipurpose room; multipurpose software. multipurpose Adjective Certificate Authority (CA) which issues and manages digital certificates for a wide range of applications including email, browsers and virtual private networks. Baltimore PKI-Plus is a developer toolkit to PKI-enable legacy and new applications by providing support for a wide range of cryptographic, directory, smartcard and CA systems. Baltimore's PKI products are available directly and via global TrustedWorld partners. All products are supported by professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. comprising of system integration and consulting. Baltimore Technologies was formed by the merger in January 1999 of Zergo Holdings plc and Baltimore Technologies Ltd. It has customers in over forty countries worldwide including some of the world's leading financial, e-commerce, telecommunications companies See telecom company. and government agencies. Baltimore Technologies plc is a public company quoted on 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). Intel Corporation (company) Intel Corporation - A US microelectronics manufacturer. They produced the Intel 4004, Intel 8080, Intel 8086, Intel 80186, Intel 80286, Intel 80386, Intel 486 and Pentium microprocessor families as well as many other integrated circuits and personal computer networking is a minority shareholder in the Company. Baltimore operates from 21 cities worldwide with main offices in London, Dublin, Boston and Sydney. Baltimore Technologies made e-commerce history in 1998 when President Clinton and Ireland's Prime Minister Ahern digitally signed Any message or key that has been encrypted with a digital signature. When a user's public key is digitally signed by a certification authority (CA), it is known as a digital certificate or digital ID. See digital signature and digital certificate. an inter-governmental communique using security technology provided by Baltimore. For further information and press releases on Baltimore Technologies, please visit http://www.baltimore.com |
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