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Sun-Netscape to Enable iPlanet ECXpert with Digital Receipt from Receipt.com.

Digital Receipt Provides Positive Proof of Online Transactions

MOUNTAIN VIEW, Calif., Nov. 15 /PRNewswire/ -- Receipt.com (formerly Differential Inc.), a pioneer of trusted transaction and secure document delivery services over the Internet, today announced that Sun-Netscape is enhancing iPlanet ECXpert, an Internet commerce exchange application, with Digital Receipts. Empowered with XML-based Digital Receipt's, ECXpert will enable customers to exchange legally-binding, auditable transactions over the Internet. Digital Receipts provides positive proof of e-transactions as well as detailed reports on information transfer and receipt.

"The Sun-Netscape Alliance is enabling customers to establish international trading communities, with access to the multitude of business data dependent only on the availability of a web browser," said Jim Adkins, vice president of the Sun-Netscape Alliance commerce exchange division. "With the integration of Receipt.com's Digital Receipts into iPlanet ECXpert, we will offer our customers a more complete solution for conducting business over the Internet. Our customers will be able to retain auditable proof of transactions, and be more secure in the delivery and receipt of highly confidential information."

This capability will be available within the ECXpert 4.0 release, scheduled for release in April 2000.

"We are excited that the Sun-Netscape Alliance has chosen Receipt.com to deliver secure provable online transactions," says David Jevans, president and cofounder of Reciept.com. "Digital Receipts are becoming a critical element in removing impediments of conducting mission-critical transactions online. Digital receipts offer tamper-proof electronically notarized receipts for verification in dispute resolution and regulatory compliance."

Digital Receipts

Digital Receipts is Receipt.com's next generation of products that create secure, provable, and reconcilable Digital Receipts using technology that is based on the emerging XML standard. The service, Receipt.com, provides a trusted third party for electronic notarization and archiving of digital receipts.

Receipt.com, the service, provides customers with a Trust Report(TM), which utilizes the products' patent-pending hierarchy of trust technology(TM) and verifies that the contents of a customer's Digital Receipts have not been corrupted.

About Receipt.com(TM)

Receipt.com is a pioneer of trusted transaction and secure document delivery services over the Internet for Global 2000 companies. Receipt.com(TM) services and solutions are based on XML digital signature standards to create XML digital receipts for secure and provable transactions.

The company's customers include Aetna, Apple Computer, Blue Cross/Blue Shield, CNET, Dell Computer, DHL, Dun & Bradstreet, EDS, Gap, Inc., Hong Kong Telecom, The National Association of Securities Dealers, Netscape, and a number of leading U.S. banks. Receipt.com(TM) is headquartered in Mountain View, California and is available on the World Wide Web at http://www.receipt.com .

About the Alliance

In March 1999, America Online, Inc., the world's leading provider of branded interactive services, and Sun Microsystems, Inc., a leader in network computing products and services, unveiled their vision for strategic collaboration between the two companies, now referred to as the Sun-Netscape Alliance. The Sun-Netscape Alliance ("The Alliance") helps companies realize their Net Economy vision-putting the power of the Internet in their hands with the broadest and best Internet infrastructure and e-commerce software and professional services.

NOTE: Receipt.com(TM) is the name of both the company and the third-party trust services provided by the company. Receipt.com(TM), Digital Receipts(TM), FileDrive(TM), Extranet Creator(TM) are all trademarks of Receipt.com(TM) Inc. All other product and brand names are trademarks or registered trademarks of their respective owners.
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Publication:PR Newswire
Geographic Code:1USA
Date:Nov 15, 1999
Words:566
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