[announce] FW: OASIS Member News: Vordel releases TalkXML V3.0,the security framework for Web services, to industry acclaim

[Hugh Carroll <hugh.carroll@vordel.com>]

Vordel releases TalkXML V3.0, the security framework for Web services, to
industry acclaim

19 November, 2001, Dublin, Ireland – Vordel, the Web services security company,
today announced the release of TalkXML (tm) Version 3.0, to the acclaim of
technology and industry visionaries.

TalkXML enables companies to securely use the new generation of integration
technology: Web services. It allows organizations to extend their automated
business services over the Internet for access by other companies, and ensures
these organizations can exploit the opportunities presented by Web services to
generate increased returns on their existing investments.

Pete Lindstrom, Director of Security Strategies at Hurwitz Group, has described
Vordel as “a leader in the Web services security space with its unique TalkXML
technology.”

Speaking at the announcement, David Ryan, CEO of Vordel, said, "this latest
product introduces a new generation of TalkXML. The product allows financial
services institutions to securely route information throughout a Web services
environment, as well as to easily and inexpensively integrate their systems with
those of any of their partners.

“TalkXML gives companies the confidence to expose critical business services and
processes to their partners and clients,” said Ryan.

Dr Alastair MacWillson, joint global CEO for beTRUSTed, an e-security business
of PricewaterhouseCoopers, commented that “Vordel has demonstrated with TalkXML
the power of providing scalable applications that enable companies to maximize
the commercial potential of digital certificate based security infrastructures.”

TalkXML V3.0 has been hailed as “a product that enables disparate systems to be
integrated, and delivers the security framework essential to successfully deploy
Web services” by Ed Simon, co-author of the XML Signature and XML Encryption
specifications.

About Web services
Web services reduce the complexity of exposing business processes to partners
and customers. They represent an industry wide effort to define the way in which
companies integrate applications across the firewall using open web standards
and protocols. According to research from Gartner, Web services will help reduce
costs and improve the efficiency of IT projects by 30%.

About TalkXML
Vordel TalkXML provides the security, integration, tracking and performance
capabilities required to deploy high value Web services. TalkXML integrates with
the diverse clients, servers and internal systems that arise in Web services
environments. TalkXML can be deployed in a webserver or application server
environment and is designed for speed, with emphasis on optimizing XML and
security cryptographic processing.

The product supports the secure transfer of data over public networks, enabling
companies to accelerate their entry into new markets, extend services to reach
and retain customers and streamline operating efficiencies.

For further information about TalkXML Version 3.0, please refer to
http://www.vordel.com/products/

About Vordel
Vordel, the Web services security company, develops products that provide
security, auditability, integration and performance for business transactions
over the Internet.

Vordel's flagship product, TalkXML (tm) enables companies to integrate business
applications and systems securely over the Internet, ultimately allowing them
run their businesses more efficiently.

Vordel is a privately held company headquartered in Dublin, Ireland with offices
in Boston, MA and London, England.

Institutional investors in Vordel include DrKW, Elderstreet VC, ICC Venture
Capital, the Intel IA64 fund, and the Powerscourt Fund.

Additional information about Vordel is available at www.vordel.com

Vordel Press Contact:
Hugh Carroll
T: +353 1 215 3333
E: press-info@vordel.com
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