Equifax Secure eBusiness ID(TM) Organizational
Certificates Authenticate and Secure
High Value, Business-to-Business Transactions Over VPNs, Extranets
SAN JOSE, Calif., Jan. 18 /PRNewswire/ -- RSA CONFERENCE 2000 -- Equifax
(NYSE: EFX) Secure Inc., a unit of Equifax Inc., today announced the immediate
availability of Equifax Secure eBusiness ID(TM) Organizational Certificates,
the latest addition to the Equifax Secure suite of digital certificate
solutions for e-commerce transactions. Equifax Secure eBusiness ID
Organizational Certificates are the first in the industry to enable businesses
to identify trusted parties for transactions initiated over public or private
networks without the administrative burdens and costly infrastructure
associated with authentication and certificate management.
eBusiness ID Organizational Certificates present a significant opportunity
for businesses who aim to decrease costs by moving connections from dedicated
lines to secure Internet accessed systems. Specific business-to-business
applications in an extranet environment include order procurement, healthcare
account access and financial account access.
"Our agreement with NYBOR.com provides a total certificate authority
infrastructure along with our secure and efficient web server authentication
process to issue and manage digital certificates to legitimate businesses,"
said Jeff Johnson, general manager of Equifax Secure. "This infrastructure is
critical to securing e-business applications when organizations engage in
transactions over multiple networks."
How Organizational Certificates Work
An organizational certificate is a client certificate used to authenticate
corporate identification. The certificate verifies the user to be an official
representative of the organization, acting as an agent on its behalf. The
certificate does not seek to achieve personal identification. It is the
corporate seal of the organization as carried by those the organization has
approved. The Equifax Secure eBusiness ID Organizational Certificate offers a
unique advantage to the market by providing a complete outsourced solution for
the customer, so the customer won't have to perform authentication and
certificate management.
Security to Enable Exponential Growth of Extranets
Over the next two years, experts predict business-to-business e-commerce
to outpace the growth of consumer e-commerce. In a recent report entitled
"Building a Commerce API," Forrester Research projected annual
business-to-business e-commerce to soar to $1 trillion by 2003, while the
consumer market swells to $108 billion. Forrester also reports that
73 percent of Fortune 1000 companies are moving away from private networks and
61 percent are looking to virtual private network (VPN) for business-to-
business extranet links ("Virtual Private Networks and the Enterprise").
Secure digital certificates will support and propel this growth.
Pricing and Availability
eBusiness ID Organizational Certificates will have a suggested retail
price of $225 per certificate on a sliding scale based upon purchase volume.
eBusiness ID Organizational Certificates are available from Equifax Secure at
http://www.equifaxsecure.com/ebusinessid.
Separately today, Equifax Secure announced its first implementation for
organizational certificates in the healthcare market via a strategic
partnership with NYBOR.com, an Internet and Intranet solutions provider
specializing in the healthcare industry. Under the agreement, Equifax Secure
will issue 5,000 organizational certificates on behalf of NYBOR.com's
corporate customers. NYBOR.com will immediately begin referring their
Web-hosting customers to Equifax Secure for server certificates that provide
low-cost security for e-commerce sites.
About Equifax
Equifax Secure, Inc., a unit of Equifax Inc., provides outsourced
e-commerce solutions to enable enterprises to authenticate consumer identity,
secure business applications and manage digital certificates and directories
for highly secure, private e-commerce over the Internet and other networks.
Equifax (http://www.equifax.com), a worldwide leader in shaping global commerce,
brings buyers and sellers together through its information management,
transaction processing and knowledge-based businesses. Atlanta-based Equifax
(NYSE: EFX) serves the financial services, retail, credit card,
telecommunications/utilities, transportation, information technology and
healthcare industries and government. Equifax adds knowledge, expertise,
convenience and security to provide value-added solutions and processes for
its customers wherever they do business, including the Internet and other
networks. Entering its second century in business, Equifax employs more than
13,000 associates in 17 countries with sales in almost 50 and has more than
$1.7 billion in revenue.
Statements in this press release that relate to Equifax's future plans,
objectives, expectations, performance, events and the like are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Future
events, risks and uncertainties, individually or in the aggregate, could cause
actual results to differ materially from those expressed or implied in these
statements. Those factors could include changes in worldwide and U.S.
economic conditions that materially impact consumer spending and consumer
debt, changes in demand for the Company's products and services, risks
associated with the integration of acquisitions and other investments, and
other factors discussed in the "Forward-looking Information" section in the
management's discussion and analysis included at Part II, Item 7 in the
Company's annual report on Form 10-K for the year ended December 31, 1998, and
in the "Year 2000 Information" section in the management's discussion and
analysis included at Part I, Item 2 in the Company's report on Form 10-Q for
the third quarter of 1999.
SOURCE Equifax Secure Inc.
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Company News On-Call:
http://www.prnewswire.com/comp/142844.html or fax,
800-758-5804, ext. 142844
CONTACT:
Alan Boyer of Equifax, 404-885-8676, or
alan.boyer@equifax.com
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