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PGP Corporation and element 5 Partner on E-Commerce and Secure Messaging.


PALO ALTO Palo Alto, city, California
Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries.
, Calif., & COLOGNE, Germany -- E-Commerce for PGP Corporation This article or section is written like an .
Please help [ rewrite this article] from a neutral point of view.
Mark blatant advertising for , using .
 Now Driven by element 5's Global System; element 5's Electronic Messaging See e-mail and messaging system.  Now Secured by PGP (Pretty Good Privacy) A data encryption program from PGP Corporation, Palo Alto, CA (www.pgp.com). Published as freeware in 1991 and widely used around the world for encrypting e-mail messages and securing files, PGP is available for commercial use and as freeware for  Universal

PGP Corporation, a global leader in digital information security, today announced that it has selected element 5, a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Digital River, Inc., as its worldwide e-commerce solutions partner. All online purchasing of PGP products and services is now powered by element 5's global commerce systems, including Crystal Reports(R) from Business Objects(R).

"Global reach is critical to our success. This is true in our channel strategy, our market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market
penetration - the act of entering into or through something; "the penetration of upper management by women"
 strategies and our numerous partnerships around the world," said Phillip Dunkelberger, president and 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. , PGP Corporation. "Partnering with element 5 will help broaden our global reach and improve operational efficiencies of our online store."

Not only is PGP Corporation using element 5 as its e-commerce partner, but element 5 has also deployed PGP(R) Universal to secure email communications between the company and its customers.

"Data security is a hot topic for our software publisher customers," said Gerrit Schumann, president of element 5. "PGP Universal enables us to confidently offer encrypted email communications to our customers, increasing our overall data security."

PGP Universal

PGP Universal provides practical, wide-scale deployment of secure messaging. By moving email encryption responsibility away from users to the network, encryption, decryption (cryptography) decryption - Any procedure used in cryptography to convert ciphertext (encrypted data) into plaintext.  and digital signatures are automatic and user-transparent. Messages are encrypted to individual keypairs and secured even when recipients have no keys. PGP Universal can quickly and cost-effectively secure up to 100 percent of an enterprise's users -- both inside and outside the organization. PGP Universal supports both OpenPGP and X.509 + S/MIME See MIME.  standards and delivers low-cost deployment through its self-deploying, proxy-based architecture. Keys are created dynamically, allowing IT control over bidirectional The ability to move, transfer or transmit in both directions.  policy enforcement.

E-commerce Partner Selection Criteria

element 5's e-commerce outsourcing system meets critical PGP Corporation criteria:

--"Self-service" -- PGP Corporation can add new products and pricing to its Web commerce site directly.

--element 5 does business in 18 currencies and manages all money conversions.

--Unlike U.S. banks, element 5 accepts localized payment methods, including local debit and credit cards, wire transfers and more.

About PGP Corporation

A recognized worldwide leader in secure messaging and information storage, PGP Corporation develops, markets and supports products used by a broad installed base of enterprises, businesses, governments, individuals and cryptography experts to secure proprietary and confidential information.

During the past ten years, PGP(R) technology has built a global reputation for open and trusted security products. The PGP Corporation family of products includes PGP Universal -- an automatic, self-managing, network-based solution for enterprises -- as well as desktop, mobile and SDK (Software Developer's Kit) See developer's toolkit and Windows SDK.

SDK - Software Developers Kit (or "Software Development Kit").
 solutions. Venture funding is provided by DCM-Doll Capital Management and Venrock Associates. Contact PGP Corporation at www.pgp.com or 650-319-9000.

About element 5 Inc. and Digital River, Inc.

element 5 Inc., a wholly owned subsidiary of Digital River, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: DRIV DRIV Drive (street type) ), is an outsourcing partner for software publishers in more than 150 countries. The company offers e-commerce solutions and marketing services to help publishers increase the worldwide sales of their products over the Internet and through online channel partners.

Digital River, Inc., a global leader in e-commerce outsourcing, builds and manages online businesses for more than 40,000 software publishers, manufacturers, distributors and online retailers. Its multi-channel e-commerce solution, which supports both direct and indirect sales, is designed to help companies of all sizes maximize online revenues as well as reduce the costs and risks of running an e-commerce operation. The company's comprehensive platform offers site development and hosting, order management, fraud prevention, site merchandising, advanced reporting and analytics, product fulfillment, e-marketing and multi-lingual customer service.

Founded in 1994, Digital River is headquartered in Minneapolis with offices in Chicago, Mountain View, Calif., London and Cologne, Germany. For more details about Digital River, visit the corporate Web site at www.digitalriver.com or call 952-253-1234.

PGP is a registered trademark and the PGP logo is a trademark of PGP Corporation. Product and brand names used in the document may be trademarks or registered trademarks of their respective owners. Any such trademarks or registered trademarks are the sole property of their respective owners.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 30, 2004
Words:691
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