PRNewswire-FirstCall
DALLAS
(:ENTU)
Dec 18, 2007

DALLAS, /PRNewswire-FirstCall/ -- ICICI Bank, one of India's largest private sector banks with assets of more than $92 billion, has selected Entrust, Inc. [Nasdaq: ENTU] to provide standard SSL certificates -- a key component of a layered security approach -- to protect their valuable customer data when conducting transactions on the institution's Web site.

As part of the agreement, ICICI Bank standardized on Entrust SSL certificates for a five-year contract period. In addition, IndusFace Consulting -- a local registration authority (LRA) of Entrust in India -- will provide the verification services for issuing the certificates, as well as provide local support to meet the needs of ICICI Bank. ICICI Bank cited Entrust SSL certificates as being more cost-effective and included the ability to easily manage certificate lifecycles through the Entrust Certificate Management Service.

"ICICI Bank understands the value of providing a trusted environment that helps protect against online fraud schemes," said Entrust Chairman, President and Chief Executive Officer Bill Conner. "We applaud ICICI Bank for taking a proactive step to help address fraud by implementing cost-effective SSL certificates that better serve the needs of their overall security approach. Based on their current purchase they have the ability to upgrade to extended validation SSL certificates when the time is right."

The Entrust Certificate Management Service features a self-service tool that helps streamline the procurement and administration of SSL certificates. Acting as a centrally managed, self-service system, the Certificate Management Service reduces administrative hassles and lessens the risk of inadvertent certificate expiration by allowing customers to synchronize and control the timing of SSL certificate expiration. The Certificate Management Service also enables administrators to "re-use" or "recycle" their SSL certificates to maximize usage and minimize costs.

ICICI Bank is India's second-largest bank with total assets of $92 billion. ICICI Bank is the most valuable bank in India in terms of market capitalization and is ranked third amongst all the companies listed on the Indian stock exchanges in terms of free-float market capitalization. The bank has a network of about 950 branches and 3,300 ATMs in India and presence in 17 countries. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels, specialized subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital and asset management.

ICICI Bank's equity shares are listed in India on the Bombay Stock Exchange and the National Stock Exchange of India Limited, and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE).

About Entrust

Entrust [NASDAQ: ENTU] secures digital identities and information for consumers, enterprises and governments in 1,650 organizations spanning 60 countries. Leveraging a layered security approach to address growing risks, Entrust solutions help secure the most common digital identity and information protection pain points in an organization. These include SSL, authentication, fraud detection, shared data protection and e-mail security. For information, call 888-690-2424, e-mail entrust@entrust.com or visit http://www.entrust.com/.

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SOURCE: Entrust

CONTACT: Brooke Hamilton, Media Relations of Entrust, Inc.,
+1-972-713-5915, brooke.hamilton@entrust.com

Web site: http://www.entrust.com/