News Archive 2001

06.09.2001
Privador and Valimo begin co-operation
Companies partner to start co-developing and cross-marketing

September 6, 2001 - Finnish security software company Valimo Wireless and Estonian security service and technology company Privador today announced having signed a co-operation agreement. The companies target the emerging Baltic wireless PKI (Public Key Infrastructure) market, which includes for example transaction time-stamping and validation services.

Privador specializes in PKI services and technologies, including technologies designed to provide time-stamping and notarisation services. Privador’s TrueSign architecture gives long-term proof value to digital data in a cost-effective manner. Any type of digital data can be used as legal proof material when it has been signed and protected within TrueSign architecture.

Valimo specializes in developing software for conducting secure transactions with mobile devices. The company’s main software product Valimo Validator is a Public Key Infrastructure (PKI) solution providing strong authentication, network security and validation of transactions. This enables high-value services to be offered over mobile networks, preventing unauthorized access and guaranteeing information confidentiality and non-repudiation of transactions.

"For us, the co-operation with Privador provides great opportunity to deliver even more complete solution to our customers. We see the partnership as a new and attractive way to broaden our product range and increase our offer in the European and global market place.” comments Jarkko Elonen, CEO, Valimo Wireless.

"Privador is clear leader in the Baltic PKI solutions market and actively participates in various national level PKI initiatives. We believe that mobile services in numerous fields of business and everyday life will undergo big growth in the near future, and we are happy to conclude our partnership with Valimo to provide cutting-edge authentication and validation solutions to our existing and future customers using technology developed by Privador and Valimo ", says Indrek Kasela, CEO, Privador.

About Privador: Privador AS is an Estonian information security company specializing in communication security technology. The company offers a comprehensive suite of data communication security products and a mobile smartcard terminal; Privador PKI product suite includes cutting edge technology for long-term validation of digital signatures. Established in early 2000 on basis of the leading info security research institution in the Baltic countries, Privador is entering the European as well as global markets. Privador has its office in Tallinn, Estonia. For additional information about Privador, please visit www.privador.com.

About Valimo: Valimo Wireless Ltd, founded in April 2000, specializes in securing mobile business enabling security software development. The company is owned by its employees and the venture capital companies Menire Oyj and Eqvitec Partners Oy. The company's main product is Valimo Validator, the software that integrates mobile terminals into payment, billing, and authentication systems. Validator is a highly scalable and open Public Key Infrastructure (PKI) software, with which the identity of the user can be authenticated and secured. For additional information about Valimo, please visit www.valimo.com.

Further information:

Privador
www.privador.com
Indrek Kasela, CEO
Tel: +372 50 64 642
indrek.kasela@privador.com

Valimo Wireless
www.valimo.com
Jarkko Elonen, CEO
Tel: +358 (0) 50 541 9373