Hongkong Post Selects Baltimore Technologies For Secure Mobile Commerce in Hong Kong

Business Wire, Jan 29, 2001

Business Editors/High-Tech Writers

BOSTON--(BUSINESS WIRE)--Jan. 29, 2001

Memorandum of Understanding Details Initiative to Allow Businesses and

Individuals in Hong Kong to Conduct Secure Mobile Commerce Via the

Postal Service

Hongkong Post and Baltimore Technologies (NASDAQ:BALT)(LSE:BLM.), today jointly announced they have signed a Memorandum of Understanding (MOU) to provide the first mobile certification authority (CA) service in Asia.

Today's agreement further extends the strong relationship between Hongkong Post and Baltimore Technologies, enabling customers in Hong Kong to conduct online transactions, such as bill payments, securely via mobile devices.

"Through our alliance with the leading global e-security solutions provider, Baltimore Technologies, Hongkong Post will issue mobile digital certificates for use in wireless communications, which will allow the full potential of mobile commerce to be realized," said P C Luk, Postmaster General, Hongkong Post. "More importantly, this agreement reaffirms the Hongkong Post's commitment to allowing the people of Hong Kong the broadest possible choice in conducting electronic transactions with safety, confidentiality, integrity and non-repudiation with whatever device they choose."

Speaking from Hong Kong, where he attended the announcement ceremony, Baltimore Technologies' Chief Executive Officer, Mr Fran Rooney, said, "This joint announcement marks the beginning of a pioneering e-security project that will shape the future of mobile commerce in Hong Kong. Security is one of the great hurdles in the growth of e-commerce and m-commerce and we are proud to be working with Hongkong Post to strive towards setting standards for both the industry and the region."

Hongkong Post, the only recognized certificate authority in Hong Kong, provides CA services throughout all segments of public and private sectors. In addition to expanding its e-Cert services, Hongkong Post is seeking to provide additional certificate types to address the unique commercial and organizational needs of institutions such as banks and mobile operators.

Hongkong Post will use Baltimore Technologies' Telepathy products for its Mobile Root CA. The CA is also likely to be the first in Asia to conform to a new standard - called Wireless Transport Layer Security (WTLS) - designed by the WAP Forum to provide a secure communications channel for wireless devices.

About Baltimore Technologies

Baltimore Technologies develops and markets security products and services 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) products and services, wireless e-security solutions, cryptographic toolkits, access control & authorization, content security (MIMEsweeper products) 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 channel program. 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 1000 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).

For further information and press releases on Baltimore Technologies, please visit www.baltimore.com

Baltimore Technologies and Baltimore Telepathy are trademarks of Baltimore Technologies plc. All other trademarks are the property of their respective owners.

Certain statements that are not historical facts including certain statements made over the course of this document may be forward-looking in nature. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance and achievements of the Company to be materially different from any future results, performance or achievements implied by such forward-looking statements.