Clearstream Services - Now Baltimore Secured.Business/High-Tech Editors LUXEMBOURG--(BUSINESS WIRE)--Nov. 7, 2000 Baltimore Technologies' e-Security Technology Singled Out by Clearstream to Establish an Infrastructure for Secure Electronic Communications 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. (Nasdaq:BALT BALT bronchus-associated lymphoid tissue. BALT Bronchiole-associated lymphoid tissue, see MALT )(LSE LSE - Language Sensitive Editor :BLM BLM n abbr (US) (= Bureau of Land Management) → les domaines .), a global leader in e-security, today announced that Clearstream Services in Luxembourg, the largest International Clearing, Custody and Settlement Provider, has chosen its award winning e-security technology to implement a trusted infrastructure to support its next generation of e-business applications. In the first phase of the project, Clearstream Services has used Baltimore UniCERT, the Certificate Management System, in conjunction with Baltimore MailSecure and Baltimore KeyTools to provide secure messaging within the company. Baltimore KeyTools enables developers to easily and cost-effectively build security into e-business applications such as messaging, web and XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. systems. Baltimore's e-security solution uses digital certificates to provide strong 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. that guarantees the identity of the correspondents, encryption to protect confidentiality and digital signature techniques to ensure that message content cannot be altered by unauthorised persons. "As a result of a rigorous selection procedure, we have chosen Baltimore's e-security technology to implement the cornerstone of the IT security architecture. In particular, this infrastructure will be used to secure the transport of sensitive data over open networks by supporting the implementation of state of the art cryptographic services," commented Steve Purser PURSER. The person appointed by the master of a ship or vessel, whose duty it is to take care of the ship's books, in which everything on board is inserted, as well the names of mariners as the articles of merchandise shipped. Rosc. Ins. note. 2. , Senior Manager IT Security at Clearstream Services. "Providing access to cryptographic services through the security architecture will simplify the development of new applications, achieve standardization and allow us to exploit economies of scale in the production environment." Clearstream will use Baltimore UniCERT and its new family of e-security products - Baltimore KeyTools - to issue digital certificates to its staff base in order for them to securely access sensitive data over internal networks. These digital certificates will act as electronic passports meaning that only those who can 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. their identities using these certificates will be able to access the information. "Baltimore believes that security should be a seamless, easy-to-use component of all e-business applications," said Pierre Bury, Manager of Business Development, Belgium and Luxembourg at Baltimore Technologies. "We are delighted that Clearstream has chosen Baltimore's open, standards based technology as the framework for their security infrastructure to ensure the integrity and privacy of confidential data and we look forward to working closely with Clearstream in the future as their e-security needs evolve." About UniCERT Baltimore UniCERT is a world leading certificate management system, used in 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 systems to provide full strength security for a wide variety of e-commerce and enterprise security systems. UniCERT provides key management, authentication, and non-repudiation facilities for services such as Secure Email, Internet commerce, secure Web Banking, Online Trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. and Virtual Private Networks (VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. ). UniCERT is sold in over 40 countries both directly and through Baltimore's TrustedWorld* Partner Program and powers Commercial Certificate Authority (CA) systems throughout the world. 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, access control & authorization, content security (MIMEsweeper products) 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. organization 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 1000 people worldwide and operates from over 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). For further information and press releases on Baltimore Technologies, please visit www.baltimore.com. About Clearstream International Clearstream International A European clearing corporation, this organization supports over 2500 different companies in 80 locations worldwide. Notes: Another clearing house, only this one is international. Clearstream International is the largest international clearing and settlement organisation offering a comprehensive service covering equities and bonds both domestic and cross-border. The company, which was formed following the merger last autumn of Cedel International and Deutsche Borse Clearing, currently has over 9,7 trillion euros of assets under custody and expects to handle in excess of 150 million transactions this year. Its shareholders comprise the world's major financial institutions. Clearstream International has three divisions - Clearstream Banking Frankfurt, Clearstream Banking Luxembourg and Clearstream Services. Clearstream Banking Luxembourg contains the core clearing and settlement business and has been assigned short and long-term ratings of top F-1+ and AA+ respectively by Fitch IBCA IBCA International Braille Chess Association IBCA Institute of Burial and Cremation Administration IBCA Integrated Business Communications Alliance IBCA International Barbeque Cookers Association IBCA Department of Interior Board of Contract Appeals and A-1+ and AA+ respectively by Standard and Poors. Standard and Poors also assesses the outlook for the international bond and equities clearer as "stable". Clearstream Services brings together the IT Development and Operations functions of the organisation and provides securities processing services to the Clearstream Banking units and the industry. Baltimore Technologies, 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. , KeySteps, TrustedWorld, PKIWorld and Baltimore product names including UniCERT, UniCERT Options, MailSecure, KeyTools, SolutionsPlus, SureWare, MIMEsweeper are all trademarks of Baltimore Technologies plc and Content Technologies Limited. 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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