Comodo charts future with industry leaders to establish online trust through new class of EV SSL Certificates

Released on = November 15, 2006, 4:06 am

Press Release Author = Comodo Group

Industry =

Press Release Summary = CA/B Forum - a Comodo initiated industry organization of
Certification Authorities and Browsers - is committed to provide online businesses
with new Extended Validation (EV) SSL Certificates - the first SSL certificate
supported by major browsers to offer identity trust indicators for a trusted online
experience.

Press Release Body = Jersey City, NJ (November 14, 2006) - As the Internet continues
to evolve, Comodo, a leading global Certification Authority and provider of Identity
and Trust Assurance Management solutions, is continuing to take the lead in
promoting higher levels of identity authentication through the launch of a new SSL
certificate called Extended Validation (EV) SSL certificates. Emergence of EV SSL
certificates was the result of Internet industry\'s acknowledgment that there was a
need to provide consumers with better identity assurance when they shop online.

With threats from online fraud evolving quickly on the Internet, consumers needed
better ways to confirm the identity of online entities to be sure they are safe.
Comodo started the CA/B Forum specifically to identify these \"trust\" threats because
consumers did not feel safe shopping online. Studies confirm that 20% or more of all
consumers will not do business online at all because they feel they cannot establish
true e-identity of online merchants. This erosion in trust has even caused the
trusted Internet padlock to come under attack so that this symbol\'s efficacy has
deteriorated, leaving consumers vulnerable to phishing and fraud.

In keeping with Comodo\'s commitment to provide new and innovative technologies to
authenticate digital identities for individuals, websites, organizations and
business entities, the new EV SSL certificates offer e-merchants identity assurance
that will be confirmed by the browser when a consumer moves to a secure page. To
obtain this type of certificate an e-merchant will be authenticated using Comodo\'s
proprietary and highly scalable authentication engine that adheres to the highest
possible vetting standards. EV SSL certificates are one more solution within
Comodo\'s integrated Identity and Trust Assurance(tm) (ITA) solution that enable an
integrated, proactive defense against online fraud.

\"The introduction of these next generation SSL certificates is the culmination of
over 18 months of work by the CA/B Forum,\" said Melih Abdulhayoglu, President and
CEO of Comodo. \"Comodo has been actively partnering with other industry stakeholders
to address the diverse and evolving nature of online threats, and EV SSL
certificates represent a significant improvement in empowering consumers to defend
themselves against phishers. We, as technology providers, owe it to consumers to
enable them to do better risk assessment in deciding whom to trust when doing
business online through better identity assurance tools.\"

Additional information about the availability of EV SSL certificates:

* EV SSL certificates are about to emerge under new validation guidelines to
strengthen identity verification processes and issuance policies.
* Starting in 2007, updated releases of web browsers, starting with Microsoft
IE7, will give consumers the ability to instantly tell if a website has an EV
SSL certificate because most major browsers are expected to provide consumers
with a consistent green color address bar if the browser detects an EV SSL
certificate.
* Microsoft IE7 will be the first browser to be \"EV Enabled\" beginning very
early 2007.

About Comodo

Comodo is a leading global provider of Identity and Trust Assurance services on the
Internet, with over 200,000 customers worldwide. With global offices in the US, 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
(DTL), 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.comodogroup.com.

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

Contact Details = 525 Washington Blvd. Jersey City, NJ 07310
email: media-relations@comodo.com
web: www.comodo.com

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