The new offering will enable financial institutions to rapidly create a secure environment for high-value transactions on the Windows 2000 server family — at a fraction of the cost of packages available today.

B2B sales will hit $8.53 trillion by 2005, according to leading industry analysts. The new Trusted Community Solution will provide organizations with the Public Key Infrastructure (PKI) security technology and professional services required to take full advantage of B2B e-commerce.

The Trusted Community Solution was developed in an alliance among Unisys, Microsoft, Baltimore Technologies and Identrus.

After installing and testing Kyberpass on the Unisys ES7000 running Microsoft Windows 2000 Datacenter Server, Unisys selected the Kyberpass e-Transaction TrustPlatform to be an important component of Trusted Community Solution, said Sunil Misra, managing principal, Unisys Worldwide Enterprise Security Practice. The ease of installation and deployment of Kyberpass will help us to implement an Identrus infrastructure for a financial institution on the Windows 2000 platform in under 60 days.

This strategic agreement enables Unisys, with its leading presence in the financial IT marketplace, to install the Kyberpass e-Transaction TrustPlatform for the Identrus system as part of the turnkey Windows 2000 Trusted Community Solution, which was announced in May 2001.

Microsoft’s business strategy has always been to seek out strong partnerships and offer our customers the best market solution possible, said Bill Hartnett, general manager of commercial industries at Microsoft. The Trusted Community Solution is the result of such a partnership with leaders in trusted digital identity like Kyberpass.

Kyberpass is committed to helping financial institutions rapidly establish a trust infrastructure with greatly reduced capital costs, said Ron Walker, president and CEO of Kyberpass Corporation. Our Identrus compliant products for the Windows platform provide an unmatched combination of great performance, ease of deployment and unrivaled value. We are extremely pleased to be working with Unisys to deliver these products to financial institutions around the world.

To create trust in a trading partner’s identity, Identrus financial institutions certify their corporate customers as trading partners on the Internet. These trading partners use the Identrus system to conclusively identify one another through their financial institutions, ensure their communications are secure, and create an indisputable record of their transactions. With these capabilities, they can conduct Internet business with confidence, opening new markets around the world and lowering transaction costs. The infrastructure is open to financial institutions, their corporate customers, solution providers and security vendors around the world.

We are thrilled to see such a strong commitment to the Identrus systems from both Unisys and Kyberpass, said Guy Tallent, president and CEO of Identrus. Their combined solution facilitates our customers’ ability to offer an integrated, cost-effective means to bring more value to e-marketplaces.

SOURCE; COMPANY PRESS RELEASE