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Greenmail.


Greenmail greenmail, payment, by a corporation that is a takeover target, of a premium price for the shares of its stock that have been accumulated by the potential buyer. In exchange, the potential buyer stops the takeover bid.  is a cut above ordinary email because it makes messages safe using bespoke be·spoke  
v.
Past tense and a past participle of bespeak.

adj.
1. Custom-made. Said especially of clothes.

2. Making or selling custom-made clothes: a bespoke tailor.
 encryption technologies, prevents spam junk mail See spam and junk faxes. , stops people sending mail to the wrong recipient, tells the sender when their message has been read, and gives a genuine recall facility if the sender gets it wrong--which can save red faces all round! Greenmail doesn't require the users email addresses See Internet address.  to be changed: it can be configured to pick up mail from existing POP or web mail accounts. As well as making email private and safe, Greenmail aims to reduce paper usage, postage costs

Comment

Paul Mustoe, 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.  of Link Information Systems, explains: Normal email systems are green but they aren't sufficiently safe for carrying important postal items which, for example, may contain sensitive personal and financial infomation-We've probably all heard of the recent, well-publicised scams on banks and credit card processors--which is why banks have been reluctant to go greener and save money by communicating with customers electronically.'

'Greenmail changes this situation by making email trustworthy and secure. It encourages users to send important items by email rather than post, which they might have been reluctant to do previously.

http://wwwgreenmail4me.com
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Title Annotation:IT News
Publication:Software World
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 1, 2006
Words:195
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