The Huntington National Bank Uses HP For Internet Banking Security Solution; Same End-to-end Security Solution Used by Security First Network Bank

Business Wire, June 3, 1996

PALO ALTO, Calif.--(BUSINESS WIRE)--June 3, 1996--Hewlett- Packard Company today announced that it helped launch The Huntington National Bank's Internet banking solution by supporting The Huntington with the same federally approved technology pioneered by Security First Network Bank (SFNB), FSB. The Huntington is the second U.S.-based financial-services institution to use the technology.

The Huntington introduced the Huntington Web Bank today.

Financial transactions in the Huntington Web Bank are protected by HP's web-security technology, known as Virtual Vault, which is based on a trusted operating system developed in conjunction with SecureWare, Inc., of Atlanta.

Sitting atop the web-security technology is a banking application developed by Atlanta-based Five Paces, Inc. This application, the Virtual Bank Manager, enables banks and other financial institutions to customize their product offerings as well as the look and feel of their virtual branches.

HP's trusted operating system has been used for years by the U.S. Department of Defense to safeguard certain military information. In addition to a trusted operating system, HP's Web-security technology features Netscape Commerce Server software with security features based on the Secure Sockets Layer (SSL) protocol.

"The Huntington's Internet bank is built on proven and tested end-to-end security technology, which should give customers the utmost confidence that their on-line transactions are being protected," said Peter E. Grier, executive vice president, Consumer Services."

The Huntington has established itself as a pioneer in using technology to enhance customer service and operating efficiency. During the past five years, The Huntington has introduced innovative, technology-based solutions that meet customer needs for 24-hour banking convenience, such as its 24-hour, seven-day-a-week telephone banking center, Huntington Direct, and fully automated Huntington Banks Access offices. These offices provide a customer-driven banking experience that incorporates two-way video access to personal bankers and advanced-function ATMs in a protected environment, anytime, day or night.

"Visionary institutions such as The Huntington are moving aggressively to provide any customer with any product through any channel at any time," said Ruann F. Ernst, general manager of HP's Financial Services Business Unit. "We believe that HP's Internet banking security solution will help The Huntington attract new customers while providing existing account holders with additional choice and convenience."

The Huntington's customers may access the Huntington Web Bank through the Internet at http://www.huntington.com, where they can open accounts, check balances, pay bills and perform other personal-finance transactions.

Security First Network Bank says that since it opened its doors on Oct. 18, 1995, it has opened accounts for more than 2,000 customers across 49 states. SFNB attributes its highest yielding certificate-of-deposit rates in the United States to its low operating costs.

Huntington Bancshares Incorporated (NASDAQ:HBAN; http:\\www.huntington.com) is a regional bank holding company headquartered in Columbus, Ohio, with assets in excess of $20 billion. The company's banking subsidiaries operate 335 offices in Ohio, Florida, Indiana, Kentucky, Michigan and West Virginia. In addition, Huntington's mortgage, trust, investment banking and automobile finance subsidiaries manage 80 offices in the six states mentioned as well as Georgia, Illinois, Maryland, New Jersey, North Carolina, Pennsylvania, Texas and Virginia.

Five Paces, Inc., Atlanta, <http://www.fivepaces.com> is a wholly owned subsidiary of Security First Network Bank (NASDAQ: SFNB), the world's first Internet Bank. Five Paces offers a turnkey solution dedicated to helping financial institutions offer products and services over the Internet in a secure environment. In addition to developing on-line banking and financial management applications, Five Paces also provides marketing support, training, implementation, project management and outsourcing, allowing banks of all sizes to offer their services over the Internet, without allocating extensive financial and employee resources.

HP's Financial Services Business Unit, part of the company's Computer Systems Organization, works closely with world-class partners to design and build industry-specific and customized open computing solutions for banks, insurance companies, securities firms and other global financial-services organizations. The FSBU's clients include some of the largest, most profitable and most respected institutions in the world. HP's solutions for the financial-services industry are on the Internet's World Wide Web at http://www.hp.com/go/fsi.

Hewlett-Packard Company is a leading global manufacturer of computing, communications and measurement products and services recognized for excellence in quality and support. HP has 108,300 employees and had revenue of $31.5 billion in its 1995 fiscal year.