Litronic Provides Smart Card Issuance and Digital Signature Verification Products For Identrus Global Trust Infrastructure

Business Wire, April 25, 2000

IRVINE, Calif.--(BUSINESS WIRE)--April 25, 2000

ProFile Manager(R) and NetSign(R) GT Are

Two Key Products Used For B2B E-Commerce

Litronic Inc. (Nasdaq:LTNX), a leading provider of public key infrastructure (PKI)-based Internet security solutions, Tuesday announced it will provide smart card issuance and electronic identity verification to companies doing business on the global internetwork of trust created by Identrus, the world's leading provider of identity trust for business-to-business Internet commerce.

Litronic's ProFile Manager, a management tool for deployment of smart card and public key infrastructure (PKI) security solutions, and NetSign GT (Global Trust), a client-side software package that enables smart card-based digital signatures, will enable Identrus trading partners to transact business over the Internet.

"Litronic's range of technology gives trading partners an important ingredient for success in business-to-business commerce on the Internet -- deployment and identity verification," said Kristin Kupres, Identrus' chief operating and technology officer.

"We enthusiastically welcome Litronic as an innovative solution provider deploying secure e-commerce applications on our open, global identity trust infrastructure."

ProFile Manager provides issuance and lifecycle management for smart cards by centralizing deployment control and content for every user's digital credentials. It streamlines policy profiling for certificates, credentials, PIN (personal identification number) rules, key generation and key backup and recovery, and allows customization to organizations by offering personalization of smart cards. ProFile Manager offers a simple, open solution for organizations issuing smart cards and PKI technology company-wide.

Litronic's NetSign GT brings the power and simplicity of smart cards to a wide variety of Web-based transactions. NetSign GT, which implements the Identrus specifications for requesting real-time digital signatures, enables leading B2B applications to incorporate smart cards. It enhances security by integrating universal digital certificates with smart cards for strong authentication and transaction signing.

Specifically developed to meet Identrus requirements, NetSign GT is designed with digital signatures on the browser, providing identity verification over the Web and strong non-repudiation required for financial institutions working with Identrus.

"Identrus is a leader in the development of interoperable security standards for organizations transacting over the Internet and acknowledges that PKI-based digital signatures are the most robust method for identity verification," said Kris Shah, president and CEO of Litronic Inc.

"Litronic's PKI solutions support interoperability with secure, yet easily deployable technology for business requiring strong authentication of users."

Identrus, founded in April 1999 by eight of the world's largest global financial institutions, is creating a worldwide network of trusted financial institutions to remove the final obstacle to business-to-business e-commerce: trust in a trading partner's identity. To supply this trust, Identrus financial institutions certify their corporate customers as trading partners on the Internet.

These trading partners use the Identrus infrastructure to conclusively identify one another through their financial institutions, ensure their communications are secure, and create an indisputable record of their transactions. With these capabilities, they can conduct Internet business with confidence, opening new markets around the world and lowering transaction costs. The infrastructure is open to financial institutions, their corporate customers, solution providers and security vendors around the world.

About Litronic

Litronic provides professional Internet data security services and develops and markets software and microprocessor-based products needed to secure electronic commerce business transactions and communications over the Internet and other communications networks based on Internet protocols.

Litronic's data security products use an advanced form of computer security technology referred to as public key infrastructure (PKI). Litronic's Internet security products can be used with World Wide Web browsers, including Netscape Communicator and Microsoft Internet Explorer. Additional information on Litronic is available on the company's Web site at http://www.litronic.com.

Safe Harbor Statement under the Private Securities Litigation

Reform Act of 1995

With the exception of historical information, the matters discussed in this news release relating to the projected growth of e-commerce and of the Internet security market; and to Litronic's ability to penetrate the Internet security market and to integrate its June 1999 acquisition of Pulsar and to transition to commercial markets are forward-looking statements that involve a number of risks and uncertainties, including competition from companies with greater financial and technical resources than Litronic, the difficulty in continuing technical innovation (particularly in light of the competitive market for technical personnel), the effect of differing corporate cultures on the integration of Litronic's June 1999 acquisition of Pulsar and the acceptance of Litronic's products in the commercial marketplace. Other risks inherent in Litronic's business are described in its Securities and Exchange Commission filings, including the company prospectus. Litronic undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.