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AddTrust operation continues

Press information 2003-02-05
  • AddTrust future secured
  • AddTrust controlled by partner - ScandTrust
  • Expanding Market for secure digital transactions
AddTrust future and operation is secured, as a European company producing digital identities and PKI solutions.

AddTrust has unique range of offerings with flexible and scaleable solutions to meet increasing business demand of e-commerce. As of today ScandTrust takes control of AddTrust and will continue operations of exiting products and planned expansions.

The market for digital identities - certificates has, during the last six months, started to accelerate. This as a result of both governmental support by legislation and 24h service and the B2B market needs of proper identification when utilizing the possibilities of Internet.

The AddTrust model have proved that easy administration and distribution is possible together with a price model making volume distribution of certificate possible. The co-branding possibility also utilizes the cooperation with a third trusted party (TTP). This is one of the most important factors to achieve general/global acceptance and trust for the use of certificates

“As a natural step in our European expansion of safe digital transactions, ScandTrust has taken control over AddTrust. The AddTrust operation will be continued as an integrated part of ScandTrust product offerings. We see great potential in the AddTrust brand and customers, as well as product offerings”
Stefan Käck - ScandTrust

Se also information from ChamberSign (www.chambersign.se), a partner to ScandTrust, utilizing AddTrust service offerings.

About AddTrust
AddTrust, a European company based in Malmö (Sweden), operates a unique business concept for outsourced Public Key Infrastructure (PKI) services. These services are built on recognized top-level European expertise in the legal, technical, security and standards fields. AddTrust services are delivered through global services network of Trust Service Providers (TSP). AddTrust digital certificates are compliant with most PKI-enabled standard products on the market and the operation of AddTrust Services is set up to meet legal requirements for electronic signatures in Europe. For more information, visit www.addtrust.com

About ScandTrust
ScandTrust is active on the European market and provides PKI-based services and products. ScandTrust is extending the PKI framework into practical business value by delivering secure transactions as a service, based on PKI. By delivering the use of PKI as a service, secure transactions can be implemented and integrated in a wide spectrum of applications and solutions, delivering business value in both large and small companies.

Contact

Stefan Käck, ScandTrust                +46 (0)733 45 98 90
 
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