San Jose, CA, RSA Security Conference January 18, 2000 InfoSpace (NASDAQ:INSP), a leading provider of infrastructure services for Web sites, merchants and wireless devices, VeriSign, Inc. (NASDAQ:VRSN), the world's leading provider of Internet trust services, and Gemplus, the leading provider of smart card-based solutions, today announced they will be working together to deliver personalized secure wireless Internet services for commerce and other applications on wireless networks. The companies will demonstrate their trusted solution at the RSA 2000 Data Security Conference in the VeriSign booth.
InfoSpace's wireless commerce solution is unique because it provides fully integrated secure wireless Internet services such as promotions and one-click buying, creating end-to-end trust between end users and sources of secure information on the Internet, such as banks and financial institutions. Working together with VeriSign and Gemplus, InfoSpace plans to deliver first-in-class wireless security by providing end-to-end encryption and digital signatures in the Short Message/SIM Application Toolkit environment.
VeriSign will make its renowned Certificate Authority (CA) capability available with InfoSpace's wireless commerce services. VeriSign's OnSite technology will be integrated with InfoSpace's Secure™ architecture providing end users and Internet content sources with secure transactions over wireless networks.
Gemplus subscriber identification module (SIM) technology will be integrated with InfoSpace's secure service architecture, providing client authentication for secure mobile commerce.
InfoSpace's wireless Internet services will offer the best security features available in current wireless and Internet technology. The security achieved with this solution includes encryption, and-for the first time in wireless applications-server side authentication. With this development, trust is established between individuals and companies by ensuring that in any mobile transaction their mutual identities have been securely established.
In addition, VeriSign's wireless digital certificate technology is used in conjunction with Gemplus SIM cards, simplifying implementation of the trust infrastructure and making it easy for users to experience the level of trust needed to engage in wireless commerce. InfoSpace has applied its trusted wireless commerce solution to the financial sector by bringing to North America the first mobile banking application using the SIM Application Toolkit.
"InfoSpace is the first company to provide a global end-to-end wireless security architecture for services," said Naveen Jain, chairman and CEO, InfoSpace. "The security offered by our wireless Internet services will enable mobile users to access any Internet application or engage in any transaction using their wireless device thus making secure mobile commerce a reality."
"VeriSign is delighted that InfoSpace is ensuring the wireless Internet will deliver the same level of trust and security as the wired Internet," said Anil Pereira, vice president of Internet services group at VeriSign. "Providing mobile customers with trusted commerce is essential for the advancement of wireless transactions in e-banking, e-healthcare and other applications."
"By adding public key infrastructure (PKI) to the GemXplore SIM Card features, Gemplus is providing a large community of wireless developers using GemXplore CASE the ability to extend Internet PKI in their mobile services," said Remy de Tonnac, president, Gemplus Americas. "We are proud to be among the pioneers like InfoSpace to further the convergence of the wireless and Internet technologies."
About InfoSpace, Inc.
InfoSpace is a leading global Internet information infrastructure company. InfoSpace provides infrastructure services to consumers, merchants and wireless devices. InfoSpace's affiliate network consists of more than 2,100 Web sites. The Company's affiliates include AOL, Microsoft, Disney/InfoSeek's GO Network, NBC's Snap, Lycos, go2net Inc., DoubleClick, Dow Jones (The Wall Street Journal Interactive Edition) and ABC LocalNet, among others. In addition, the Company provides services to a network of wireless Internet devices including PCs, cellular phones, pages, screen telephones, television set-top boxes, online kiosks, and personal digital assistants. These include relationships with Acer America, AT&T Wireless, Nokia, Nextel, Sprint, Mitsui, Lucent and @Home.
About VeriSign
VeriSign, Inc. (Nasdaq:VRSN) is the leading provider of Internet trust services and digital certificate solutions needed by Web sites, enterprises and individuals in order to conduct trusted and secure electronic commerce and communications over IP networks. VeriSign's digital certificate services for Web sites and consumers are available through the company's Web site at www.verisign.com and a growing number of ISPs and Web hosting companies. The company's digital certificate services for enterprises and electronic commerce service providers are available through regional account representatives, resellers, and global affiliates.
About Gemplus
Gemplus S.C.A. (www.gemplus.com) is the world's leading provider of plastic and smart card-based solutions with 37 % market share (by units sold, source: Dataquest 1998). Gemplus sells magnetic stripe cards, memory and microprocessor-based smart cards, smart contactless cards, electronic tags and smart objects. The company designs and markets software, development tools and readers. Gemplus also provides consulting, training and personalization services to deliver the industry's most comprehensive and flexible card-based solutions to its developers, distributors, partners and customers.
With sales of over $US648 million in 1998, Gemplus employs more than 4,300 people in ten manufacturing facilities, five R&D centers and 41 sales and marketing offices located in 27 countries around the world. Founded in 1988, Gemplus has successfully implemented portable and secure smart card-based solutions to simplify applications such as public and wireless communications, financial transactions, loyalty, transportation, education, healthcare, identity, physical access control, pay TV, electronic commerce, Internet security, logical access control and information technology. For more information: www.gemplus.com/wireless.
This release contains forward-looking statements relating to the development of InfoSpace's products and services and future operating results, including statements regarding the Company's agreement with Gemstar and VeriSign, that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect the Company's actual results include the progress and costs of the development of our products and services and the timing of market acceptance of those products and services. A more detailed description of certain factors that could affect actual results include, but are not limited to, those discussed in InfoSpace's Annual Report on Form 10-K, in the section entitled "Factors Affecting InfoSpace's Operating Results, Business Prospects and Market Price of Stock." Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. InfoSpace undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.