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Almost all member states of the European Union have met the target of
implementing the EU Digital Signature Directive by the July 19, 2001
deadline. The EU Directive 99/93 on electronic signatures specifies minimal
requirements for certificates, certification service providers and signature
creation and verification devices. The cornerstone of the law is the
advanced electronic signature, which requires the use of “qualified
certificates” to have the same legal effect as a handwritten signature.
GlobalSign, a leading Trust Service Provider for Internet-based and mobile
transactions, is today ready to deliver qualified certificates that meet the
requirements of the EU Directive on Electronic Signatures.

The legal framework for electronic signatures will have a positive effect on
e-commerce. Confidence and Trust are key issues in today’s e-business
environments, as communication and transactions via Internet pose several
threats to companies and individuals like intrusion, modification,
repudiation and fraud. As businesses, government agencies, and non-profit
organisations are IT-intensive and totally dependent on their information
systems to operate on operational, tactical, and even strategic levels,
e-security grows more and more in importance.

“PKI (Public Key Infrastructure) - the framework in which digital
certificates are used for several types of applications - is regarded
worldwide as the key element in the success of e-business. There is strong
tendency in sectors where highly confidential information is exchanged, to
outsource their PKI-infrastructures instead of running it themselves for
obvious reasons such as the complexity of PKI, lack of PKI-specialists and
time to market, “ says Henry Minassian, Managing Director of GlobalSign.

He adds: “The implementation of the EU Directive on Electronic Signatures in
all member states of the European Union opens therefore huge perspectives
for our company. Thanks to our collaboration in numerous projects with the
EU (e.g. FP5-CSP- Certificates for Public Procurement, PKI-CUG- Certificates
for Public Administration, etc), our participation in fora and discussion
groups (e.g. EESSI, EEMA, etc) and due to various government-projects (e.g.
PKI Overheid in The Netherlands, AGORA in Belgium, etc), we are well
positioned to meet pan-European expectations on the delivery of services
that meet the requirements of the electronic signatures Directive. In that
perspective, we are probably the best positioned company to become the
pre-eminent European authority in the field of electronic signatures.”

In a PKI-model, a crucial role is played by the Certification Authority,
which identifies all parties and elements (individual, company or software)
involved in a transaction. GlobalSign is the premier Certification Network
in Europe and manages a global Network of Trust, providing individuals and
organisations with the opportunity to exploit PKI technology for secure
electronic communication and transactions.

About GlobalSign:

GlobalSign, a pioneer in the PKI business since 1996, is a fast-growing
international Trust Service Provider, headquartered in Brussels. GlobalSign
is active worldwide as a Certification Authority. GlobalSign develops
flexible outsourced PKI-solutions, and offers certification services for e-
and m-business. GlobalSign has developed an international Network of Trust
throughout Europe, Asia and the Americas. GlobalSign is also the official
Certification Authority for the European Commission and works with strategic
groups and associations such as, among others, EESSI and EEMA. GlobalSign’s
shareholders are Vodafone Group Plc, Ubizen, ING-Barings, Bruficom, GIMV,
Technicom and KBC Bank. GlobalSign has been ranked in the TORNADO Top-100
representing Europe’s top emerging private IT companies (TORNADO-INSIDER

About GlobalSign outsourced PKI solutions

GlobalSign provides Trusted Third Party Services with unparalleled expertise
in designing, building, implementing and operating high-end, managed
PKI-solutions. Its position is clearly that of a PKI service provider,
serving the market with complete and customised PKI solutions for e- and
m-business. GlobalSign uses its international network to manage Trust

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