Nexor and EuroSignCard announce strategic alliance to deliver enhanced PKI solutions to the European banking community

Alliance drives the use of European digital signatures with leading edge PKI and directory technology

London, UK - Smartcard 2001 Exhibition, 20 February 2001 - Nexor, the leading provider of secure messaging and directory solutions, today announced a strategic alliance with EuroSignCard SA, a trust centre with operations in Luxembourg serving the financial sector. The partnership will enhance the EuroSignCard PKI offering with the secure messaging capability of Nexor. This will be marketed to the European Union, with particular concentration in the Benelux area of operations.

'We are delighted to be working with a company that markets the highest calibre of secure messaging products, products demanded by our customers,' reports E J Lorang, Managing Director of EuroSignCard SA. 'Nexor's record of achievement with financial institutions in the European Union speaks for itself.'

Nexor's directory products will create a PKI repository for EuroSignCard's PKI trust centre in Luxembourg, enabling EuroSignCard to deliver enhanced PKI solutions to the European banking community. Nexor will also work towards interoperability and compatibility testing of digital signatures conforming to the new European Union Digital Signature Directive. Nexor was selected as the preferred directory vendor because of the scalability, throughput and proven interoperability of its products.

'EuroSignCard is a driving force in the adoption of European digital signatures and we are extremely pleased to be working with the company to deliver solutions that meet the needs of modern financial institutions,' reported Ed Harrington, Vice President for Strategic Alliances at Nexor. 'This alliance can only strengthen both parties' capabilities and considerable reputation in European finance.'

Nexor's directory technology is currently utilised by most European federal banks, including Deutsche Bundesbank and the European Central Bank.

About EuroSignCard SA

With headquarters in Luxembourg, EuroSignCard SA provides security technology for electronic transactions to commercial and government organisations. Its products include Public Key Infrastructure (PKI) architectures, smart cards and cryptography techniques. EuroSignCard was formed in 1999 and received a cash infusion of €1,500,000 in July 2000. The firm specialises in technology that complies with EU Directive 1999/93. Corporate website: www.trusttheweb.com or www.eurosigncard.com.

For further information, please contact Wendy Draper.