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Verisign & IBM Launch First E-Business Security Services Developed Through Global Alliance

New Access Management Service and Trusted Integration Solution Provide Customers with Faster, More Cost Effective Ways to Secure E-Business Applications

Gartner Symposium IT Expo, ORLANDO, Fla. - 07 Oct 2002: VeriSign, Inc. (Nasdaq: VRSN) and IBM today unveiled the first set of jointly developed security services and solutions to emerge from a global alliance the two companies forged earlier this year.

The new services are specifically designed to help companies build security and trust into e-business applications, enabling enterprises to more securely extend proprietary, legacy or Web-based applications to more customers, partners, suppliers and employees.

The new services include:

"Underlying the VeriSign-IBM global alliance is a common commitment to provide customers with solutions for leveraging existing IT investments to significantly accelerate the deployment of trusted e-business applications," said Anil Pereira, executive vice president and general manager of VeriSign's enterprise and services provider division. "The introduction of VeriSign AMS and our Trusted e-business Integration Solution can enable enterprises to reduce costs, boost revenues, streamline processes, mitigate risks and improve business collaboration."

"Customers of all sizes can tap IBM and VeriSign's security expertise to build innovative portals, extranets and other business applications that connect users within the enterprise or outside the firewall, without compromising security," said Arvind Krishna, vice president of security products, Tivoli Software, IBM. "This new method of delivering enterprise-class security means more options for large organizations and opens new opportunities for small-and medium-sized customers with secure e-business requirements."

VeriSign Access Management Service
VeriSign AMS enables IT managers to maximize the scope, effectiveness and efficiency of security policy implementations through a single, Web-based console. The service is also fully integrated with VeriSign's portfolio of Authentication, Authorization, and Administration (AAA) services, including identity verification, public key infrastructure (PKI) and validation services.

By employing this fully managed service, organizations of all sizes can leverage the enterprise-class automated authorization capabilities of IBM Tivoli Access Manager, which provides integration with a broad range of e-business applications, portals, directories and Web services technologies.

Access management helps companies define and centrally administer security policies. VeriSign Access Management Service features a single sign-on feature for authorized users, allowing them to quickly gain access to a wealth of network applications and services, which can save organizations considerable time and money on help desk support.

Kontiki, based in Sunnyvale, Calif., plans to be the first company to provide Web services applications capable of utilizing VeriSign's AMS (see separate press release issued today by Kontiki).

"The beauty of VeriSign's Access Management Service is that it can be seamlessly integrated within weeks to provide authentication and authorization services to virtually any Web application or resource, enabling an enterprise to enforce security policies system wide," said Mike Homer, chairman and CEO of Kontiki. "We believe this will be a great service for enterprises looking to securely deliver applications and services to customers, partners and suppliers via corporate extranets."

IBM-VeriSign Trusted e-business Integration Solution
IBM-VeriSign Trusted e-business Integration Solution is a breakthrough offering for securely integrating heterogeneous internal and external applications -- including new, legacy, back-end and Web-based systems.

Built on VeriSign's Authentication Services and IBM Tivoli Access Manager, the offering provides state-of-the-art security services for customers utilizing IBM WebSphere MQ. The solution provides authentication, encryption, digital signing and access control. The support for non-repudiation and audit logging services can help reduce fraud and mitigate risk by maintaining an electronic record of each on-line transaction.

The solution also gives customers added assurance that messages traveling through enterprise infrastructures will reach their intended destinations.

As financial institutions, government agencies and other organizations move to extend complex business processes to an Internet-based environment, they face complex challenges in connecting multiple applications in a secure and seamless manner. Customers can utilize this powerful new solution and leverage their existing infrastructure investments to reduce costs, boost revenues, streamline processes, mitigate risk and improve collaboration with business partners, suppliers and preferred customers.

Designed for reliability, scalability, and ease of integration, the IBM-VeriSign Trusted e-business Integration Solution enables financial institutions and other enterprises to cost-effectively and rapidly integrate select applications within a single department or hundreds of applications operating across multiple business channels, trading partners and Web customers.

Availability
The VeriSign Access Management Service and the IBM-VeriSign Trusted e-business Integration Solution are both available immediately through the VeriSign and IBM direct sales forces. See http://www.verisign.com/products/ams/index.html for more information about VeriSign's AMS. For more information about the IBM-VeriSign Trusted e-business Integration Solution and other collaborations between the two companies, see http://www-3.ibm.com/software/alliances/verisign/ .

Contact(s) information

Cas Purdy
IBM Media Relations
+1-512-286-3208
cpurdy@us.ibm.com

Steven Gatoff
Verisign
+1-650-426-4560
sgatoff@verisign.com

David Berkowitz
Verisign
+1-650-426-5526
berkowitz@verisign.com

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