SEVEN MORE FINANCIAL INSTITUTIONS JOIN 'LIVE' IDENTRUS GLOBAL TRUST SYSTEM Tuesday 27 February 2001 PDF Print …New members enhance value and scope of expansive business-to-business Internet trading community… Seven of the most prominent global financial institutions, with profits totaling more than $3.6 billion, have joined Identrus™ LLC, the world's leading provider of identity trust for global business-to-business Internet commerce. The new financial institutions join 35 existing Identrus financial institutions that are acting as Identrus Certificate Authorities and have corporate customers in more than 133 countries. The new Identrus Certificate Authorities are in the process of establishing capabilities to certify their corporate customers as trusted trading partners for business-to-business commerce on the Internet. The new Identrus Certificate Authorities are: AIB Group (Ireland), Bank of Ireland, The Bank of Tokyo-Mitsubishi Ltd., Banco Sabadell (Spain), Banesto (Spain), Crédit Lyonnais (France) and The PNC Financial Services Group, Inc. (United States). Because Identrus launched its fully active global trust system in 2000, these financial institutions will be able to issue secure, crypto-enabled Identrus Global IDs as soon as their internal security infrastructures are ready. "Our new Identrus Certificate Authorities can quickly assist their corporate customers in profiting on the Internet through identity certainty, application security and risk management," said Identrus President and CEO Guy S. Tallent. "And now that member financial institutions are already deploying Identrus Connected services, both the roadway and the roadmap to profit are clear." Identrus Global IDs will enable customers to participate in business-to-business Internet commerce as trusted trading partners within a global community of similarly certified trading partners. Identrus certified trading partners or systems can conclusively identify their counterparts, lower their transaction costs, extend their market reach, and compile an auditable record of their transactions. The new Identrus Certificate Authorities expand the universe of such trading partners, exponentially increasing the value of the system. Identrus Connected services on the Internet will enable trading partners to carry out a virtually infinite range of business-to-business Internet commerce activities, not just financial services. Financial institutions are steadily going live, certifying their corporate customers and providing Identrus Connected services. About Identrus As the Internet's only global trust system, Identrus LLC for the first time lets companies manage their business-to-business e-commerce risks through a trusted relationship with their financial institution. Identrus also eliminates the time, cost and complexity of building trust relationships with customers and suppliers around the globe. The world's most prominent financial institutions and technology companies are deploying a growing number of applications for secure e-mail, e-marketplaces, international trade, contract signing, online payments, commercial banking and more on the open Identrus infrastructure. For more information, please visit www.identrus.com Contacts: Corporate Laura Rime Identrus +1 212.551.7897 email@example.com Press Stefanie Guzikowski Beaupre & Co. Public Relations, Inc. +1 603.559.5836 firstname.lastname@example.org This press release was distributed by ResponseSource Press Release Wire on behalf of Pleon in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.