CertiPath, the identity management and secure information-sharing authority for A&D, has been established to address one of today's biggest challenges -- for partners and customers to electronically share critical information with trust, confidence, and security. The CertiPath PKI Bridge allows A&D organizations to do business across organizational and geographic boundaries electronically, with digital identities based on uniformed requirements for medium and high assurance certification for identity issuance. CertiPath's cross-certification process enables A&D organizations to become a member of the CertiPath Trust Fabric. VeriSign's Managed PKI service provides a PKI solution that's deployed against the stringent requirements of CertiPath's certificate policy (CP).
VeriSign's Managed PKI service provides a flexible, hosted platform to manage the complete lifecycle for digital identities including the ability to issue, renew, and revoke certificates; escrow and recover private keys; and create Certificate Revocation Lists (CRLs). VeriSign has made significant investments to build a secure infrastructure, develop detailed polices and procedures, and achieve numerous accreditations (e.g. WebTrust, Shared Service Provider) that meet the rigorous standards for identity-management required by the global A&D community and U.S. Federal Government. As a managed service, organizations can take advantage of VeriSign's PKI experience and expertise to produce a robust PKI solution while avoiding high costs and heavy burdens of an in-house CA deployment. VeriSign has operated key ceremonies, directory services, and managed the root CA for the CertiPath PKI Bridge since 2006.
"The CertiPath PKI Bridge offers defense and aerospace companies a way to collaborate in a trusted environment, and we're proud to support that environment with the VeriSign's Managed PKI Service," said Adam Geller, Vice President, Enterprise and Government Authentication at VeriSign. "What have kept many enterprises from deploying PKI are the burdensome costs and infrastructure requirements of traditional solutions. VeriSign solves this with a managed offering that makes PKI cost-effective, quick to deploy and easy to manage."
"Every company in A&D has a need for high-assurance credentials, but only a fraction has the resources available to build and manage the infrastructure needed," said Jeff Nigriny, President of Virginia-based CertiPath. "With the introduction of a co-sourcing for the CertiPath community, the market gains a much needed way to achieve greater access and more importantly -- identity assurance."
VeriSign has provided security solutions and services to thousands of commercial and government customers since its inception in 1995. VeriSign provides mission-critical security and infrastructure services for the Internet and thousands of commercial and government organizations. For more information, visit: http://www.verisign.com/authentication/enterprise-authentication/managed-pki/index.html
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CertiPath provides the aerospace and defense industry's only public key infrastructure (PKI)-based communications bridge where information can be shared widely, securely, effectively and affordably between partners, suppliers and customers -- regardless of the size and scope of the supply chain. CertiPath's disruptive solution tears down the burdensome and costly company, employee and program-centric approaches to identity assurance. Today, organizations in the U.S., U.K. and Europe including Boeing, BAE Systems, EADS, Lockheed Martin, Northrop-Grumman, Raytheon and the U.S. Federal Bridge (FBCA) are members of this fast-growing community. For more information, visit CertiPath on the web at http://www.certipath.com.
Statements in this announcement other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause VeriSign's actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, the uncertainty of future revenue and profitability; potential fluctuations in quarterly operating results due to such factors as the risk that VeriSign's announcements may not result in additional products, services, customers, profits or revenues; and increased competition and pricing pressures. More information about potential factors that could affect the company's business and financial results is included in VeriSign's filings with the Securities and Exchange Commission, including in the company's Annual Report on Form 10-K for the year ended December 31, 2008 and quarterly reports on Form 10-Q. VeriSign undertakes no obligation to update any of the forward-looking statements after the date of this press release.
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