Critical Path Helps Businesses Protect and Secure the Delivery of Digital Information.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--Oct. 11, 2001 New Registered Mail Server Eliminates Cost of Physical Delivery and Protects Important Digital Information; Application Expands the Critical Path Communication Platform Critical Path, Inc., (Nasdaq:CPTH), a global leader in communication technology and integrated messaging solutions for wireless and wireline carriers, service providers and corporations, today demonstrated its ongoing dedication to protecting the communication of digital information with the launch of Critical Path Registered Mail Server (RMS (1) (Record Management Services) A file management system used in VAXs. (2) (Root Mean Square) A method used to measure electrical output in volts and watts. 1. RMS - Record Management Services. 2. ). RMS enables businesses and individuals to deliver, track and receive documents directly over a secure Internet connection, ensuring the integrity of information, while seeking to significantly reducing business costs and increasing productivity. With RMS, service providers, enterprises and Trusted Third Parties In cryptography, a trusted third party (TTP) is an entity which facilitates interactions between two parties who both trust the third party; they use this trust to secure their own interactions. TTPs are common in cryptographic protocols, for example, a certificate authority (CA). eliminate the expense of sending information via physical certified mail certified mail n. Uninsured first-class mail for which proof of delivery is obtained. certified mail (US) n → Einschreiben nt , courier, overnight express, or fax. "From basic email to 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. contracts to multimedia content, the value of digital communications Transmitting text, voice and video in binary form. See communications. is increasing all the time," said Mike Serbinis, chief technology officer and vice president of Engineering for Critical Path. "With RMS, Critical Path helps businesses securely communicate and send sensitive material over the Internet, at the scale the Internet demands, while enabling service providers to roll out revenue generating services and increase their value to customers." From Physical To Digital Delivery A recent study(1) states that companies are spending $300 billion annually on services such as certified mail, courier, overnight express, and fax to protect paper-based assets such as payment remittances, credit reports, bills, statements, loan origination 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. documents, and other types of paper correspondence. Previously, given the complexity of available secure electronic delivery alternatives, businesses looked to these physical delivery services, for delivering confidential information Noun 1. confidential information - an indication of potential opportunity; "he got a tip on the stock market"; "a good lead for a job" steer, tip, wind, hint, lead quickly and securely. Registered Mail Server ensures the same level of protection to digital communication as paper-based communication in an easy-to-deploy, user-friendly system. "Secure messaging is a critical component of any communication infrastructure," said Sara Radicati, president of the Radicati Group. "With RMS, Critical Path is enabling businesses to easily implement secure messaging to protect digital assets." RMS enables enterprises such as financial institutions, pharmaceutical houses and insurance brokerages to reduce these costs and transmit sensitive information such as loan applications, prescription approvals and insurance policies without the expense of traditional information delivery services. Service providers leveraging RMS, such as carriers, can offer customers value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. like secure delivery and create a new revenue stream. Postal authorities A postal authority organises collection and delivery of domestic mail (US), or post (UK), within its area of control, or in the case of foreign mail, delivery to or receipt of mail from other postal authorities. Payment for the service has been performed in many ways. , such as Poste Italian can utilize RMS services to streamline efficiency by shifting physical delivery processes online. Key Features of RMS RMS is available for insourcing (1) Doing work with inhouse employees. Contrast with outsourcing. (2) Creating jobs in your country by an organization that is foreign owned. Contrast with outsourcing. , mid-sourcing and providing Critical Path's target customers with complete flexibility. RMS secure delivery services include: -- Store and Notify Delivery Technology: Allows senders and recipients to communicate directly with RMS over an SSL-protected HTTP connection. -- Advanced Delivery Options: Enables senders to increase delivery security by setting expiration times for message pick-up. Also supports certified timestamp options. -- XML (SOAP) API Integration: Automate the secure delivery of important information from internal systems to individual users or partner applications over the Internet, reducing postage, printing and records management fees when sending orders, statements and trade confirmations to individual users. The Critical Path Communication Platform Critical Path's Communication Platform enables wireless and wireline service providers, enterprises, and Trusted Third Parties to build a foundation for the delivery of communications services in the evolving digital communications market. The standards-based platform is a powerful three-layer architecture that provides a broad range of messaging, identity management and access services, supporting the delivery of an integrated and secure experience for end users across a variety of communication services and devices. Through the platform, Critical Path's customers minimize costs, reduce time to market and increase revenues. About Critical Path, Inc. Critical Path, Inc. (Nasdaq:CPTH) is a global leader in communication technology and complete messaging solutions for wireless and wireline carriers, service providers and corporations through its integrated platform of messaging applications and directory infrastructure. Critical Path is headquartered in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , with offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Asia and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . More information on Critical Path can be found at http://www.cp.net./. 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. This press release contains forward-looking statements by the Company and others regarding expected future business, financial and product performance, including our customers' and industry analysts' testimonials and the Company's statements regarding endorsements of our product and services offerings by our customers, our belief as to the ability of our products to ensure performance, security, scalability and reliability and the market for outsourced services like ours. The words "will," "expect," "plan," "believe," "seek,""strive for," "anticipate," "estimate" and similar expressions are intended to identify the Company's forward-looking statements. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These risks include, but are not limited to, our evolving business strategy and the emerging and changing nature of the market for our products and services, our ability to deliver on our sales objectives, the ability of our technology and our competitors' technologies to address customer demands, changes in economic and market conditions, unplanned system interruptions and capacity constraints, software and service design defects. These and other risks and uncertainties are described in more detail in the Company's filings with the U.S Securities and Exchange Commission (www.sec.gov) made from time to time, including Critical Path's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended December 31, 2000, as amended, and the Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. for the quarters ended June 30, 2001 and March 30, 2001, both as may be amended from time to time. Note to Editors: Critical Path and the Critical Path logo are the trademarks of Critical Path, Inc. All other trademarks are the property of their holders. (1) Report from Aberdeen Group Aberdeen Group is a provider of business-related research services. It has its headquarters in Boston, Massachusetts and belongs to the Harte-Hanks group. Founded in 1988, Aberdeen's research is used by over 2. -- www.aberdeen.com |
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