Customers to Achieve
Significant Cost Savings from Local Administration and Management of
Digital Certificates
MOUNTAIN VIEW, Calif. and CUPERTINO, Calif. -July 16, 2001-
VeriSign Inc. (Nasdaq: VRSN), the leading provider of Internet trust
services, and Oblix Inc., a leading developer of e-business infrastructure
software, today announced a technology partnership to provide enterprises
with a unified solution for the management of digital certificate issuance
within the lifecycle management process of a user's digital identity.
The partnership entails combining Oblix NetPoint's Web single sign-on
and identity management capabilities with VeriSign OnSite's ability
to provide digital certificates for employees, customers or business
partners.
Available now, customers can deploy the integrated
VeriSign and Oblix solution throughout their extended enterprise to
provide secure delivery of e-business information to authorized users.
Trusted delegated administrators can manage passwords and digital certificates
for intranets and extranets from the NetPoint Identity System while
at the same time providing a secure, convenient user experience for
employees, customers, partners, and suppliers.
The combined solution enables companies to minimize
administrative work through automated and centralized user identity
lifecycle management that is tightly integrated with PKI deployment.
"VeriSign's second generation PKI services
are extending the advantages of digital certificates beyond the enterprise.
Obilix NetPoint Identity System integrated with OnSite will enable enterprises
to securely and cost effectively service their partners and customers
online. We are pleased to assist Oblix in jointly enabling these next
generation e-commerce services," says John Weinschenck, vice president
of Enterprise Service Group, VeriSign.
Once activated, Oblix NetPoint 5.0 can manage the
issuance, renewal and revocation of digital certificates delivered by
VeriSign. For the first time, certificate management becomes tied to
multi-step workflow processes within a delegated administration framework.
The certificate management and approval process can be tailored to each
customer's specific business practices.
"We are pleased to extend our partnership with
VeriSign, the world leader in digital certificates. Their approach to
outsourcing the infrastructure for digital certificates has been well
accepted by the market," says Gordon Eubanks, president and chief
executive officer, Oblix. "Our integration with VeriSign OnSite
makes it easy and cost effective for companies to control and update
the granting of digital certificates within the broader identity management
processes."
Under the technology partnership agreement, Oblix
and VeriSign will share revenue generated from digital certificates
managed through Oblix NetPoint.
About Oblix
Inc.
Oblix Inc. is a leading developer of e-business infrastructure software
that
securely connects the right people to the right resources on e-business
networks.
The company's flagship product, Oblix NetPoint, is a Web access management
solution that provides single sign-on and access control capabilities
in addition
to a rich set of identity management functionality. Global corporations
such as
Amdahl, APL, Applied Materials, Hitachi, i2 Technologies, Intuit, Kinko's,
Medtronic, Norsk Hydro, Stanford University, Tellabs, Xerox and many
more rely on Oblix solutions. Oblix investors include Kleiner Perkins
Caufield & Byers, Patricof & Co., Van Wagoner Capital Management,
Cisco Systems, Intel 64 Fund, Focus Ventures, Credit Suisse First Boston,
JP Morgan, Sumitomo Corporation and Novell, Inc. Oblix is headquartered
in Cupertino, California and has offices in North America and Europe.
To reach Oblix, please call (408) 861-6800 or visit www.oblix.com.
About VeriSign,
Inc.
VeriSign, Inc. (Nasdaq:VRSN) is the leading provider of trusted infrastructure
services to Web sites, enterprises, electronic commerce service providers
and individuals. The company's domain name, digital certificate and
payment services provide the critical Web identity, authentication and
transaction infrastructure that online businesses require to conduct
secure e-commerce and communications. VeriSign's services are available
through its Web site (www.verisign.com)
or through its direct sales force and reseller partners around the world.
Statements in this announcement other than
historical data and information constitute forward-looking statements
that involve risks and uncertainties that could cause actual results
to differ materially from those stated or implied by such forward-looking
statements. The potential risks and uncertainties include, among others,
potential volatility in VeriSign's stock price, uncertainty of Internet
privatization, increased competition in the domain name registration
business including price competition, customer acceptance of new products
and services offered by the company in addition to or as enhancements
of its registration services, risks associated with the company's international
business, uncertainty of future revenue and profitability and fluctuations
in its quarterly operating results. More information about potential
factors that could affect the company's business and financial results
is included in VeriSign's filings with the Securities and Exchange Commission,
especially in the company's Registration Statement on Form S-4 filed
on April 12, 2000, as amended, Annual Report on Form 10-K for the year
ended December 31, 1999 and Quarterly Report on Form 10-Q for the period
ended September 30, 2000.
VeriSign is a registered trademark of VeriSign,
Inc. Oblix Inc., the Oblix logo and Oblix NetPoint are trademarks of
Oblix Inc. in the United States and other countries. All other company
and product names mentioned are the trademarks or registered trademarks
of their respective companies.
###
Contacts:
For Oblix: John Oh, 408-861-6654, joh@oblix.com
For VeriSign: Brian O'Shaughnessy, 650-426-5270, boshaughnessy@verisign.com
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