First XCert (nice guys, and all, but...) do WOT in X.509. Now Sonera does
X.509 in PGP.
The ganglia twitch...
Cheers,
RAH
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Friday February 25, 10:47 am Eastern Time
Company Press Release
Sonera SmartTrust Announces A New Technology For
Issuing Personalized Certificates Securely For
PC's, Internet And Digital Television
Innovation Opens Totally New Channels For Global E-commerce By Securing It
With Digital Signatures
NEW YORK--(BUSINESS WIRE)--Feb. 25, 2000-- Sonera SmartTrust Ltd., the
leading provider of security solutions for wireless e-commerce based on
Public Key Infrastructure (PKI), today announced that it has developed a
solution for issuing mobile certificates for PC/Internet and set-top
boxes/digital television.
Patents for the technology are pending in the USA.
Sonera SmartTrust's converging technology provides customers a means to use
an already issued and certified mobile identity to create other identities
for other PKI based applications. This will create a convergence for secure
e-commerce with wireless devices, PCs and the Internet, set-top boxes and
digital television. The technology functions with any certification platform
or system - it provides a new distribution channel for all major
Certification Authorities and technologies.
Consumers today are both confused and irritated by multiple user codes and
passwords used only in limited context. From the customer's point of view,
using a single mobile identity for creating multiple electronic identities
with one certificate ensures the necessary convenience and ease-of-use.
``The potential of this new solution is enormous. It does not limit secure
e-commerce to wireless devices, now it will be possible to conduct any
transactions that require maximum security in almost any device that
consumers have at their disposal. This will bring secure e-commerce to every
PC, the Internet, set-top-boxes and digital television. Value-added services
such as secure banking, stock trading and other personalized services, which
require a high level of security and privacy, may now be used with only one
single certificate and digital signature,'' said Mr. Harri Vatanen, CEO and
President of Sonera SmartTrust Ltd. ``The new secure e-commerce business
model is now complete. Consumers will be able to do legally binding,
completely private, encrypted and secure transactions between all parties
with almost any device at their disposal. The trust, which this solution is
going to build between consumers and service providers, will unleash the
potential of global e-commerce.''
The advantages of this technology are clear. The solution can be used with
current Internet certificate based applications. It eliminates the hassle
associated with traditional physical or virtual certification. The method
has the ability to increase anonymity and privacy but most importantly,
however, identification is no longer location dependent on existing
applications.
The new Sonera SmartTrust solution has been tested against Pretty Good
Privacy (PGP) application together with Mr. Philip Zimmermann, the creator
of PGP. Pretty Good Privacy is the most widely used software in the world
for the encryption of electronic mail. The software uses public key
cryptography to let you communicate securely with people you've never met,
without the prior exchange of keys over secure channels.
``Sonera has developed a solution that allows millions of PGP users to have
their PGP keys reliably signed by widely-trusted Certificate Authorities,
with very little extra work by the users. This will accelerate the already
global penetration of the PGP PKI'', said Philip Zimmermann the creator of
PGP.
Sonera SmartTrust was the first in the world to develop secure digital
signature technology for wireless networks based on the SIM card of a mobile
phone in 1999. SmartTrust`s interoperable Public Key Infrastructure (PKI)
technology, 1024 bit RSA algorithm for encryption and digital signature
solution enables users to conduct their business securely via mobile
communication networks.
The Sonera SmartTrust innovation includes an advanced, patented technology,
which uses mobile communication media to digitally sign transactions,
contracts and messages. This enables the service provider to identify the
customer accurately and encrypt the content of messages. The technology is
compatible with Wireless Application Protocol (WAP), the current GSM
standard and the future generations of mobile communication networks. The
solution is also independent of operators, SIM card and telephone
manufacturers. Now this technology is available for PC`s and set-top boxes
as well.
Sonera SmartTrust is presenting the concept and demo at CeBIT in address
Hall 25, Stand B66.
About Sonera SmartTrust
Sonera SmartTrust Ltd., a wholly owned subsidiary of Sonera, is a global
leader in wireless e-commerce services and solutions based on Public Key
Infrastructure (PKI). More information on Sonera SmartTrust to be found at
http://www.smarttrust.com.
About Sonera
Sonera Corporation (HEX: SRA, NASDAQ: SNRA) is an international forerunner
in mobile communications and mobile-based services and applications. By
combining its expertise in mobile communications, the Internet and service
provision, Sonera aims to develop into a global communications operator and
provider of transaction and content services. In 1999, Sonera's revenues
amounted to EUR 1.85 billion and profit before extraordinary items and taxes
was EUR 0.5 billion. Information about Sonera can be found on the Internet
at http://www.sonera.com.
----------------
Contact:
Sonera SmartTrust Ltd.
Ms Sari Laitinen
Manager, PR
tel. +358-40-511 8108
[EMAIL PROTECTED]
or
Hill and Knowlton
Ms Michele Daly
tel. 212-885-0660
[EMAIL PROTECTED]
or
Hill and Knowlton
Mr Robert Martin
tel. 212-885-0415
[EMAIL PROTECTED]
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More Quotes and News: SONERA CORP (NasdaqNM:SNRA - news)
Related News Categories: computers, internet, publishing, telecom
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