Released on = May 2, 2007, 7:07 am

Press Release Author = Comodo Group

Industry = Computers

Press Release Summary = Financial Institutions Are Displacing Ineffective and Hard
to Implement First Generation Solutions Such as Matrix Cards, Fraud Analysis, Tokens
or Challenge Response Models with Newer, Highly Flexible Second-Generation Digital
Certificate Solutions.

Press Release Body = Jersey City, NJ (May 2nd, 2007) - Comodo, a global
Certification Authority and leading provider of Identity and Trust Assurance
Management solutions, announced today that Comodo TF continues to receive widespread
adoption by financial institutions as a disruptive technology solution changing the
future of the authentication industry. Comodo meets the criteria presented in the
three-point Christensen Disruptive Technology test - 1) being inexpensive, 2)
technologically simple and 3) a technology that doesn\'t require replacement of
existing systems. This PKI-based authentication solution provides groundbreaking
improvements to solve the FFIEC-preferred two-factor solution easily for financial
institutions without costly deployment or customer adoption challenges.

The challenge for many mid-sized institutions is to deploy a compliant, secure, yet
customer-friendly authentication solution that can accommodate a wide variety of
networking architectures from back-office infrastructure to web-hosting service
providers. The solutions that service providers typically offer their customers
relied on first generation technologies which could be unreliable (e.g. cookies),
difficult for customers to use (e.g. matrix cards) and/ or expensive to deploy (e.g.
tokens). Therefore, as institutions understand the value of a seamless digital
certificate solution, many financial institutions and service providers are adopting
Comodo TF to take advantage of the security and configurability of a Public Key
Infrastructure (PKI) solution.

Comodo TF adoption is being driven by its user-friendly interface, ease of
deployment, ease of customer adoption and inexpensive cost model. This presents a
significant improvement in authentication performance substantially altering the
competitive landscape. Comodo TF delivers on key performance milestones:

* Continuous, secure and authenticated online financial interactions through a
PKI- based solution well-recognized for high performance and security. This
solution provides a mutual authentication solution for any regulatory-intensive
industry such as healthcare, insurance, education and government agencies
* Bringing the power of the PKI platform to a regulatory intensive business
community, creating a low-cost and highly flexible solution that scales
effortlessly
* Advances in authentication technology that could extend the institutions\'
ability to provide additional services and features
* Quantum leap in customer adoption since it doesn\'t require customers to alter
their banking behavior once their Digital-ID has been created. Users can simply
continue to use their existing usernames and passwords

\"Working with our partners in the financial sectors, Comodo has been creating a new
level of performance and ease of deployment in authentication that is unmatched by
more traditional solutions,\" says Melih Abdulhayoglu, CEO and Chief Security
Architect of Comodo. \"As customers begin to deploy authentication solutions,
customers and service providers are taking a new look at Comodo\'s PKI approach.
Comodo TF, as a second generation solution, presents measurable advantages with an
increased ROI over existing approaches.\"

Compared to other authentication approaches, Comodo TF delivers a strong, flexible
approach that provides a scalable foundation for future possible regulatory
requirements while delivering measurable ROI today:

* The only PKI-based two-factor solution from a CA that delivers digital
certificates - one of the strongest forms of authentication available for online
security.
* The most cost-effective authentication solution on the market due to Comodo\'s
mature PKI infrastructure.
* Can be deployed in days and is highly flexible
* Requires virtually no bank side integration
* A platform that will support future authentication requirements

Comodo TF Solution Description:

FFIEC recommendations suggest that financial institutions use two factor
authentication solutions because single factor authentication is not strong enough
and too easy for fraudsters to attack. Comodo TF delivers Client Digital
Certificates to a user\'s PC, thus turning the PC into a \"smart token\" and allowing
the bank to authenticate the user. By transforming the PC into a \"what you have\"
factor\" in addition to the \"what you know\" user name/ password factor creates a
fully compliant two-factor solution. This approach is a significant improvement over
other weaker, \"multi layered\" solutions such as the challenge/ response solutions of
matrix cards. Digital Client certificates are an easy to deploy and secure solution
that uses a proprietary certificate management tool for easy certificate issuance,
management and revocation. Digital Client certificates can be stored directly on a
user\'s PC or, for portability, they can be stored on smart cards or tokens for
mobile applications.

The most recent win for Comodo TF is Canandaigua National Bank and Trust, a large
community bank with over $1 billion in assets. For more information, please visit
www.comodo.com/banking

About Comodo

Comodo, through its group of Internet security companies, is a leading Certification
Authority and global provider of Identity and Trust Assurance services on the
Internet. Comodo secures and authenticates online transactions and communications
for over 2,000,000 businesses and consumers.

With a global presence Comodo offers businesses and consumers third-generation
solutions for intelligent security and authentication technologies that create trust
online. Comodo\'s technological expertise includes PKI digital certification, Code
signing certification, integrated authentication infrastructure services, Web
Content authentication, Secure messaging solutions, regulatory compliance
solutions, and digital e-commerce services .
For additional information on Comodo - Creating Trust OnlineT visit
http://www.comodo.com

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

Contact Details = +1 888 266 6361
media-relations@comodo.com