VeriSign pending acquisition of low assurance SSL provider GeoTrust puts VeriSign in position to fulfill on the promise of its `Trusted Commerce Initiative`

Released on = May 25, 2006, 11:20 pm

Press Release Author = Comodo Group Inc

Industry = Computers

Press Release Summary = Comodo challenges VeriSign to end the practice of issuing
low assurance, non-business authenticated SSL certificates without any means to
establish true Internet and identity assurance as demanded by consumers,
organizations and regulators.

Press Release Body = Jersey City, NJ (May 25, 2006) - Comodo, a global leader in
Identity and Trust Assurance Management solutions, believes VeriSign's announcement
to acquire GeoTrust is a positive first step toward VeriSign fulfilling its promise
to ensure the highest standards in identity assurance for all online merchants. With
this announcement, Comodo believes that VeriSign, by curtailing the dispersion of
non-validated low assurance SSL certificates, can deliver identity assurance for
previously unverified eCommerce sites.

With the news of this acquisition, consumers, organizations and regulators can soon
expect more SSL certificates to provide critical identity assurance for websites,
thus creating trust online. Since most GeoTrust certificates are currently domain
validated only without any business authentication, they significantly undermine the
efficacy of the padlock icon as a trust indicator. In contrast, Comodo provides a
balanced portfolio of SSL certificates solutions, all of which provide the means to
establish critical identity assurance. Our SSL certificate solutions scale to meet
the needs of businesses of all sizes and include:

Enterprise SSL - a high volume, enterprise class solution that provides high level
security with management tools for ease of use;

Instant SSL - the eCommerce SSL certificate that provides highly secured encryption
with full business validation; and

Positive SSL - domain validated SSL with optional free business verification in
IdAuthority, one of the world's largest online directories of authenticated
ebusinesses managed by Comodo.

Comodo's focus is Identity and Trust Assurance (ITA) and has been a core business
driver since Comodo's inception as a Certification Authority in 2001. As a result of
this focus, Comodo has innovated with new technologies (e.g. patented web content
verification for site assurance) and free consumer security tools to expand the pool
of confident online consumers. In addition, Comodo led the establishment of the CAB
Forum - a consortium of the major browser providers and leading Certification
Authorities for developing guidelines that will drive future SSL certification
practices.

"As a leading CA, Comodo has been aggressively pushing to strengthen identity
assurance certification on the Internet," said Melih Abdulhayoglu, CEO and Chief
Security Architect of Comodo. "We have invested significantly in authentication
processes and technologies for every SSL certificate under the Comodo brand. We are
hopeful that with its acquisition of GeoTrust, VeriSign will raise the level of
Internet assurance for all VeriSign SSL certificates."

About Comodo

Comodo is a leading global provider of Identity and Trust Assurance services on the
Internet, with over 200,000 customers worldwide. Headquartered in Jersey City, NJ
with global offices in the UK, Ukraine and India, the company offers businesses and
consumers the intelligent security, authentication and assurance services necessary
to ensure trust in online transactions.

As a leading Certification Authority, and in combination with the Digital Trust Lab.
Comodo helps enterprises address digital ecommerce and infrastructure needs with
reliable, third generation solutions that improve customer relationships, enhance
customer trust and create efficiencies across digital ecommerce operations. Comodo\'s
solutions include integrated Web hosting management solutions, infrastructure
services, digital e-commerce services, digital certification, identity assurance,
customer privacy and vulnerability management solutions. For additional information
on Comodo - Creating Trust OnlineT - please visit: www.comodo.com.

Web Site = http://www.comodo.com

Contact Details = Address: 525, Washington Blvd., Jersey City
United States

Phone Number: +1 888 266 6361
Email: media-relations@comodo.com

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