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RSA Security Software Supports Trintech`s Leading Financial Institution Customers-RSA BSAFE(R) SSL-C Enables Trintech`s Customers to Reduce Exposure To Financial Charge Backs
PR NEWSWIRE, 1/30/2001 8:01:00 AM

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BEDFORD, Mass., Jan 30, 2001 /PRNewswire via COMTEX/ -- RSA Security Inc. (Nasdaq: RSAS) today announced that Trintech (Nasdaq: TTPA), a leading provider of secure electronic payment infrastructure solutions, has licensed RSA BSAFE(R) SSL-C encryption software. Trintech will incorporate this technology into its PayWare(R) eAcquirer(TM) payment gateway infrastructure solution for financial institutions, payment processors, e-commerce service providers and card organizations, allowing Trintech`s customers to securely authorize, capture, route and settle all card-based transactions originating from both the physical and virtual worlds of commerce. Equipped with the RSA BSAFE software, PayWare eAcquirer provides the technology infrastructure necessary to securely take advantage of global-based business-to-consumer (B2C) and business-to-business (B2B) opportunities.

"As the only provider of end-to-end ePayment infrastructure solutions, we have deployed PayWare eAcquirer in more than 50 leading financial institutions worldwide," said John Harte, senior vice president of sales and marketing for Trintech. "We believe that adding RSA Security software capabilities to our range of solutions provides a strategic advantage for our customers, as it will help them reduce credit card charge back exposure. RSA Security is a leader in its field, and Trintech will continue working with RSA Security as we continue to pursue our aggressive global strategy."

"Security plays a critical role in the B2C and B2B marketplaces, and Trintech has addressed this need by adopting recognized and widely used security software," said Scott Schnell, senior vice president of marketing and corporate development at RSA Security. "We are excited about the growth in electronic commerce and look forward to the market continuing to expand as other enterprises like Trintech begin to adopt reliable security solutions."

The RSA BSAFE(R) line of security software is embedded in today`s most successful Internet applications, including Web browsers, wireless devices, commerce servers, email systems and virtual private network products. Built to provide implementations of standards like SSL, SMIME, WTLS, IPSec and PKCS, RSA BSAFE products can save developers time and risk in their development schedules.

About Trintech

Trintech is a leading provider of secure electronic payment infrastructure solutions for real-world, Internet and wireless transactions. The company, founded in 1987, offers a complete range of payment software products for credit, debit, commercial and procurement card applications. Trintech`s secure product range is deployed in over 35 countries worldwide and covers the payment requirements of consumers, card issuing banks, merchant acquiring institutions, merchants, eMerchants, telcos, wireless operators, ISPs/CSPs, Portals and large corporations. Trintech`s range of scaleable, open systems architecture solutions for UNIX(R) and Windows NT(TM) platforms covers consumer, merchant and financial institution requirements for all card-based payments, including e-commerce and the emerging world of mobile commerce. Trintech can be contacted at 2755 Campus Drive, San Mateo, CA 94003 (Tel: 650-227-7000). Trintech can be reached on the Web at www.trintech.com.

About RSA Security Inc.

RSA Security Inc., the most trusted name in e-Security(TM), helps organizations build secure, trusted foundations for e-business through its RSA SecurID(R) two-factor authentication, RSA BSAFE(R) encryption and RSA Keon(R) digital certificate management systems. With more than a half billion RSA BSAFE-enabled applications in use worldwide, more than seven million RSA SecurID users and almost 20 years of industry experience, RSA Security has the proven leadership and innovative technology to address the changing security needs of e-business and bring trust to the new, online economy. RSA Security can be reached at www.rsasecurity.com.

NOTE: RSA, BSAFE, Keon and SecurID are registered trademarks, and The Most Trusted Name in e-Security is a trademark of RSA Security Inc. All other products and services mentioned are trademarks of their respective companies.

This press release contains forward-looking statements relating to the integration of RSA Security`s products with Trintech`s products and relating to the expansion of the electronic commerce market. Such statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are operational delays in implementation of the integration, technical difficulties, software bugs and errors, changes in customer requirements and industry standards, market acceptance of new technologies, technological changes in the computer industry, competitive pressures, general economic conditions and the risk factors detailed from time to time in RSA Security`s periodic reports and registration statements filed with the Securities and Exchange Commission, including without limitation RSA Security`s Annual Report on Form 10-K filed on March 15, 2000 and Quarterly Report on Form 10-Q filed on November 13, 2000.

SOURCE RSA Security, Inc.
 
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