Alier partners with Structured Arts to deliver Strong Cryptographic Security to Financial Application Integration Community

Alier Solution Leverages Industry-standard Public Key Infrastructure (PKI)

Berkeley, CA, April 13, 1999 - Alier, Inc., the leading provider of high-performance solutions for Financial Enterprise Application Integration (EAI), announced today a comprehensive agreement with Structured Arts Computing Corporation to deliver secure, PKI-based, financial communications solutions both within financial enterprises and in business-to-business contexts via the Internet.

"This agreement covers a wide range of joint development initiatives, including digitally signed XML data messages and financial integration components, Secure Sockets Layer (SSL) data transport encryption outside the scope of browsers, as well as X.509 digital ID authentication mechanisms," said Thane Plambeck, President of Structured Arts. "We're excited to be partnering with Alier in the financial arena."

"Although public-key infrastructure has been enabled in web servers and browsers for several years, the financial community has been left to its own devices in leveraging these same strong cryptographic standards in their non-HTTP-based messaging and trading systems," said Alex Osborne, President of Alier. "By working with Structured Arts, we plan to deliver the best-of-breed data security solutions that banking customers need to build secure financial systems both in-house and between business partners over the Internet."

According to recent studies by Jupiter Communications, security remains the number one concern for conducting transactions over the Internet. With the agreement announced today, Structured Arts and Alier are working together to eliminate this barrier, fueling the growth of global business-to-business e-commerce by offering the next generation of financial-focused Internet security solutions. This new initiative will lead to faster development and deployment of secure financial applications within the contexts of market data, trading, back office, and risk analytics contexts.

About Alier

Alier, Inc. is the leader in Application Integration for the Financial Enterprise. Alier's complete integration solutions and client services are in use by financial institutions worldwide for integrating trading and risk management systems, enabling straight through processing, and automating connections between organizations and their customers.

About Structured Arts

Structured Arts builds leading edge security solutions with X.509 digital certificates and related public key infrastructure (PKI) software. These solutions enable institutions to secure data both within the enterprise and in business-to-business e-commerce. The company's CertKit (TM) product line has been adopted by leading PKI vendors such as VeriSign, Inc.

Headquarters

Alier Inc.
2550 Ninth Street
Suite 201
Berkeley, CA 94710
voice:  510 549 9474
fax:    510 549 9475
Info@alier.com



London Office

Alier UK Ltd.
150 Minories
London
EC3N 1LS
UK
voice:  +44 (0) 171 264 2001
fax:    +44 (0) 171 265 1703



Structured Arts

Structured Arts Computing Corporation
20111 Stevens Creek Blvd, Suite 145
Cupertino, Calif 95014
voice: 408 873 7500
fax: 408 873 7590
info@structuredarts.com
http://www.structuredarts.com