Godo Chooses Comodo to Deliver Proactive Security and Authentication to Online Banking Customers

Released on = July 19, 2007, 10:26 am

Press Release Author = Comodo Group

Industry = Software

Press Release Summary = Leading Credit Union Makes Proactive Move in Non-Regulated
Industry to Maintain and Expand Member Base

Press Release Body = Jersey City, NJ (July 19, 2007) - Comodo, a global leader in
Identity and Trust Assurance Management solutions, announced today that Godo, a
leading credit union headquartered in Suriname, has chosen Comodo to deliver
authentication to its online banking customers, as its online function prepares to
launch. Godo will utilize Comodo\'s Two Factor Authentication for authenticating the
user to the institution, Comodo\'s Content Verification Certificate (CVC) to protect
key content from being spoofed by a phisher, and an EV SSL certificate for online
visual authentication of the site\'s identity. Banking in Suriname is a non-regulated
industry, so authentication is not a requirement, nevertheless Godo has chosen to
proactively deliver authentication as online consumers seek greater protection.

\"We chose to employ Comodo\'s Authentication Solutions to clearly demonstrate our
commitment to securing our customers\' trust,\" said Jerry Robles de Medina. \"We felt
it was an important decision that will help stimulate our growth. Online customers
are demanding authentication more and more, and if we want to keep the customers we
have and bring in more new members, Comodo Authentication Solutions are optimal
solutions.\"

Comodo Authentication Solutions are effective low-cost solutions with little
integration that are easily configured and quickly deployed. Because Comodo
Authentication Solutions are based on an established PKI infrastructure and digital
certificate lifecycle management processes, operating costs are greatly reduced.
Further, PKI is recognized by industry leaders around the world as a best practice
in online security and authentication. Motivated by these factors, Godo made a
strategic business decision to deploy Comodo solutions to both maintain its current
member base and to attract new customers.

\"By choosing Comodo Authentication Solutions, Godo recognizes the competitive
advantages of adopting a best practices approach to online security.\" said Igor
Seletskiy, Comodo\'s Director of Technology. \"This sets a precedent for many other
organizations to follow and shows that digital authentication is no longer an
optional add-on but a core growth requirement.\"

Godo plans to have its online banking arm in full operation by September. For more
information on Comodo Authentication Solutions, please visit
http://www.comodo.com/banking.
About Godo

Godo Credit Union was established December 10, 1971 and is now, with more than
40,000 members, the biggest credit union in Suriname. As a credit union, they
provide several services to their members, including loans, deposits, ATM, telephone
banking and, later this year, Internet banking.
About Comodo

Comodo, through its group of Internet security companies, is a leading Certification
Authority and global provider of Identity and Trust Assurance services on the
Internet. Comodo secures and authenticates online transactions and communications
for over 3,000,000 businesses and consumers.

With a global presence Comodo offers businesses and consumers third-generation
solutions for intelligent security and authentication technologies that create trust
online. Comodo\'s technological expertise includes PKI digital certification, Code
signing certification, integrated authentication infrastructure services, Web
Content authentication, Secure messaging solutions, PCI compliancy scanning, SSL
digital certificates including our flagship InstantSSL brand, HackerGuardian,
Banking solutions including Two Factor Authentication, and digital e-commerce
services.

For additional information on Comodo - Creating Trust OnlineT visit
http://www.comodo.com

For more information, media representatives should contact

Cooperatieve Spaar- en kredietbank
G.A.
Attn: Jerry Robles de Medina
Keizerstraat 139-143
Paramaribo, Suriname

Judy Shapiro
Comodo
(201) 963-9471
Email: judy.shapiro@comodo.com

Web Site = http://www.comodo.com

Contact Details = +1 888 266 6361
media-relations@comodo.com

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