GeoTrust
and GMO Group Sign Multi-Year Distribution Contract
[January 18, 2005]
NEEDHAM,
Mass., Jan 18, 2005 /PRNewswire via COMTEX/ -- GeoTrust,
Inc., a leader in identity verification solutions for
e-business and the world's second largest issuer of
SSL (secure sockets layer) certificates for web security,
today announced that it signed a multi-year distribution
contract with GMO Group, one of the largest divisions
of Global Media Online Inc. (Tokyo Stock Exchange: 9449).
The continuing contract extends the companies' successful
partnership, which began in 2002 and grants GMO Group,
GeoTrust Japan continued exclusivity as the in-country
distributor of GeoTrust identity verification and e-security
solutions in Japan. GMO Group, GeoTrustJapan markets
GeoTrust's products under the GeoTrust Japan brand.
"Online security is a very important
component of e-business for the web hosting marketplace
and for our enterprise customers," stated Ichiro
Chujo, CEO of GeoTrust Japan." The Japanese e-business
market is growing very rapidly and GeoTrust's products
allow us to deliver high-quality solutions to our customers
more quickly than competitive solutions. We are pleased
to be able to extend our successful relationship with
GeoTrust."
GeoTrust Japan offers a full line of
GeoTrust products, including digital certificates for
identity verification, client certificates for secure
access and SSL certificates for e-commerce and web services
security. GeoTrust's patent-pending domain control vetting
has revolutionized the SSL certificate issuance process
by offering 128-bit encryption certificates that are
issued in 10 minutes or less, against competitors' hours
or days. And GeoTrust's branded seals, which are displayed
on tens of thousands of web sites worldwide, convey
to consumers that the site has been verified by a leading
certificate authority and is safe for the exchange of
confidential data.
"In the two years that GMO Group,
GeoTrust Japan has been our partner in Japan, our market
share has grown from less than 1% to over 13%, according
to the latest survey released from Netcraft, an Internet
market research company," stated Neal Creighton,
CEO and co-founder of GeoTrust. "They have done
an excellent job at creating new markets for our products,
while also taking market share from VeriSign. We are
honored to have them as our partner in this very strategic
market."
About
GeoTrust, Inc.
GeoTrust is a leader in identity verification and trust
services for e- business. Its products include web security
services for secure e-commerce transactions, identity
verification, managed security services and TrustWatch
(http://www.trustwatch.com),
a free toolbar and search site that helps consumers
recognize whether a site has been verified and is safe
for the exchange of confidential information. With more
than 70,000 companies in over 140 countries using its
technology for online security, GeoTrust has rapidly
become the second largest digital certificate provider
in the world. Visit http://www.geotrust.com or call
800-944-0492 for more information.
About
GMO Group
Since
starting an Internet business in 1995, the GMO Group
has been consistently tackling the theme "Internet
For Everyone." The GMO Group sees its mission as
developing infrastructure and infrastructure for services,
i.e., providing space on the Internet, for the betterment
of society, and has been pushing forward with this mission.
Now, the GMO Group offers all of the various services
needed by Internet businesses, including Internet access,
domain registration, server hosting, website construction,
security, online credit card payment processing, consulting,
and Internet advertising media. As of September 2004,
GMO Group was providing services to 420,000 corporate
clients and 17 million individual clients. Visit http://www.gmo.jp/en/
for more information.
GeoTrust and QuickSSL are registered
trademarks of GeoTrust, Inc. All other product names
are trademarks or registered trademarks of their respective
owners. |