Baltimore E-security Set to Drive Growth in ASP Market

Business Wire, Oct 9, 2000

Business Editors/High Tech Writers

DUBLIN, Ireland--(BUSINESS WIRE)--Oct. 9, 2000

Baltimore's New Strategy Enables Application Service Providers to

Aggressively Execute E-commerce Strategies

Baltimore Technologies (NASDAQ:BALT)(London:BLM), a global leader in e-security, today announced a new program aimed at Application Service Providers (ASPs). As part of this program, Baltimore will now offer an integrated suite of e-security solutions that will enable ASPs to provide a broad range of services including secure PKI hosting, VPN, secure web access and content filtering.

Market research group Gartner predicts the worldwide Application Service Provider (ASP) market will reach more than $25.3 billion by 2004. ASPs provide software hosting services so customers save time and resources by removing the necessity to install and manage it themselves. Security is a fundamental requirement to enable the provision of such e-services. Through the use of Baltimore's e-security technology, ASPs can now build digital certificate and security functionality into their existing e-service applications. In addition, with Baltimore's new ASP solution suite, they can create new revenue streams through the provision of secure hosted services.

According to Tom Fawcett, Senior Research Analyst at Frost & Sullivan, "The ASP market is poised for tremendous growth but one of the main inhibitors is the fundamental requirement for an underlying secure infrastructure upon which the service can be based. Moving into this area is a natural progression for Baltimore Technologies given their depth of experience in providing secure hosted services and the flexibility of their e-security product suite. The recent acquisitions of Content Technologies and Nevex further strengthens Baltimore's position in this market."

A combination of Baltimore, Content Technologies and Nevex's leading-edge technologies will enable ASPs to aggressively execute their e-commerce strategies. These combined solutions will provide ASPs with a complete security infrastructure to offer enhanced protection of customer data. This security infrastructure will control who accesses the data; what privileges they have; which resources or services they are accessing and what information is transferred in or out of the network.

"ASPs give customers the option to choose the e-business infrastructure that best suits their needs and resources," commented Aidan Gallagher, Executive Vice President of Global Business Development at Baltimore Technologies. "Baltimore has always been committed to providing customer choice with offerings that include UniCERT Options and SolutionsPlus. This ASP initiative further underlines Baltimore's ability to meet the constantly evolving business requirements. This new offering also creates new markets and business opportunities for our customers and partners."

Baltimore's ASP solution is also targeted at the rapidly emerging wireless application service provider (WASP) market. Through the provision of wireless e-security, Baltimore will enable network operators, B2B exchanges, and content providers to provide secure hosted m-commerce services. According to a new study by IDC, the wireless application outsourcing market will grow substantially during the next few years, producing revenue of $732 million by 2004. WASPs help organizations design wireless transaction services such as confirming a reservation, ticketing and payments through a wireless Internet connection.

About Baltimore Technologies

Baltimore Technologies develops and markets security products, services and solutions to enable companies to develop trusted, secure systems for e-business, the Internet and mobile commerce. Its products include a wide range of Public Key Infrastructure (PKI) systems, wireless e-security solutions, cryptographic toolkits, security applications and hardware cryptographic devices. Baltimore's global professional services organization offers a wide variety of consulting, training and deployment support to its customers worldwide. Baltimore Technologies markets and sells its solutions worldwide directly and through the TrustedWorld(TM) channel program. Baltimore TrustedWorld includes many of the world's leading technology companies and a wide variety of global, regional and local business alliance partners.

Baltimore Technologies employs over 800 people worldwide and operates from over 30 cities with headquarters in Dublin, Ireland; London, UK; Boston, USA and Sydney, Australia. Baltimore Technologies plc is a public company with dual listings on NASDAQ (BALT) and the London Stock Exchange (BLM).

On September 14, Baltimore Technologies announced its definitive agreement to acquire Content Technologies, developers of the MIMEsweeper range of products and the market leader in content security solutions http://www.contenttechnologies.com

On October 4, Baltimore Technologies announced its agreement to acquire Nevex, an innovator in policy-driven authorization technology for secure e-business deployments.