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GeoTrust Posts Solid Gains in Education; Company Tapped by Leading Education Institutions for Strong Network Security Solutions

12 July 2006

GeoTrust, Inc., a leader in identity verification solutions for e-business and a leading issuer of digital certificates for web security, today announced it has gained nearly 200 customers in education in the past year, which accounts for a 61 percent growth in revenue in the education market. The company counts more than 80 percent of the 50 largest universities, as well as thousands of smaller academic institutions, among its customers. GeoTrust's education customers include universities such as Columbia University, Duke University and Penn State, as well as municipal school districts including Los Angeles.


An increasing number of colleges and universities worldwide are turning to GeoTrust's Enterprise SSL certificates for network security, True Credentials digital certificates for identity management and certified document security solutions because they provide the cost-effectiveness, ease-of-deployment and flexibility that this community requires.


"The Internet has delivered many benefits to the higher education environment, but has also posed significant challenges in protecting the university and those communicating with the university," says Nicholas Davis, PKI Administrator at the University of Wisconsin-Madison. "The university uses GeoTrust True Credentials client certificates for securing email, digital signing and document encryption for increased privacy. With GeoTrust we've found a solution offering superior value combined with the highest level of security to protect members of the university community."


The recently released 2006 IT Issues Survey from EDUCAUSE, the association for information technology in higher education, confirms that security is a top concern for IT professionals in education. The annual survey identifies and ranks the issues that IT leaders in higher education see as their most critical challenges. For the first time ever, Security and Identity Management has topped IT funding as the number one IT-related issue in terms of its strategic importance to the institution. The survey results also indicate that Security and Identity Management is the number one issue expected to become even more significant next year.


GeoTrust's security and identity management solutions are flexible, easy- to-deploy and cost-effective. All GeoTrust solutions feature a simplified user environment that leverages GeoTrust's managed PKI certificate services. These solutions provide all the benefits of PKI, such as ubiquity and strong cryptographic encryption, without requiring an organization to have dedicated in-house resources or expertise. GeoTrust makes it easy for organizations to integrate GeoTrust's managed digital certificate functionality into their own operating environments for greater flexibility, accountability and automation of certificate deployments, registration and enrollment processes.


"Duke has always maintained a semi-decentralized model for purchasing SSL server certificates," said Chris Cramer, IT Security Officer at Duke University. "GeoTrust helped us set up a custom ordering solution that allowed us to purchase certificates in bulk and provide central authorization, while allowing individual departments the flexibility to provision the certificates as needed."


"Today it is more critical than ever before for colleges and universities to take a proactive approach to securing their networks," said Neal Creighton, CEO of GeoTrust. "Many institutions of higher education are turning to GeoTrust because we have extensive experience in deploying highly secure systems in unique campus environments. We can help them stay within the constraints of their budget without sacrificing any of the functionality or security required to meet their identity management needs."


For more information about GeoTrust's strong authentication solutions, contact GeoTrust at http://www.geotrust.com or call 1-800-944-0492.


About GeoTrust, Inc.


GeoTrust is a leader in identity verification and trust services for e-business, and the fastest growing Certificate Authority, according to market research firm Netcraft. Its products include web security services for secure e-commerce transactions, identity verification, managed security services and TrustWatch (http://www.TrustWatch.com), a free toolbar and search site that helps consumers recognize whether a site has been verified and is safe for the exchange of confidential information. With more than 100,000 companies worldwide using its technology for online security, GeoTrust has rapidly become the second largest digital certificate provider in the world. Visit http://www.geotrust.com for more information.


EDUCAUSE, the association for information technology in higher education, has just published the results of the 2006 Current IT Issues Survey in the summer issue of EDUCAUSE Quarterly (EQ). (http://www.educause.edu/ir/library/pdf/eqm0622.pdf)


Media Contacts:


Sara Kiriakos


GeoTrust, Inc.


781-292-4157


skiriakos@geotrust.com


Liz Serotte


Schwartz Communications, Inc.


781-684-0770


geotrust@schwartz-pr.com

Source: prnewswire


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