New York, June 8th 2004 - Comodo, the leading provider of information security, management and communication technologies, today announced that its certification services authority, Comodo CA, was the only Certificate Authority in the world to increase its market share in May 2004.
The independent research carried out by Esoft inc analyzed secured servers worldwide and found that Comodo CA were in the unique position of enjoying an increased market share during May. This growth contrasts with the fortunes of the other major certification authorities who all suffered a decline in market share during the same period.
Since its inception in 1998, Comodo has consistently impressed the IT industry with its range of cost effective certification and validation technologies. Both their InstantSSL and EnterpriseSSL brands have proved themselves to be increasingly popular amongst businesses and webhosts looking to assure their customer base and secure online transactions. The successful launch of security and certification services for professionals at the beginning of June for Registrypro also serves to strengthen the future success of the group and highlights why Comodo was chosen to exclusively provide certificates for the new .pro, top level domains.
The Security Space survey indicates that the CA market is undergoing a long term reformation away from the historically higher priced market leaders towards genuinely cost effective, fully validated certificates. Steve Roylance, Technical Marketing Director at Comodo, believes this success has its roots in a dedication to consumer satisfaction -
"The continuing growth of Comodo CA is directly attributable to our fresh, customer orientated approach to the certification market. Whilst other major vendors struggle to respond to client needs, we have always taken the requirements of our end-users into account when formulating our business model. Our daily analysis of the market enables us to produce certificates that are highly secure yet cost effective and accessible to a wide range of business needs"
Comodo reinforce their customer-centric approach by offering an innovative range of free-of-charge security and validation tools. These provide effective protection against threats such as Phishing and website spoofing and include TrustToolbar, Free Email Certificate.
"Businesses are voting with their feet. The Esoft research clearly shows that the Comodo philosophy of 'customer first' is a valid and successful one. We have been the fastest growing CA for the past 18 months and our research and development team will continue to develop market driven certification and validation technologies to improve security and trust whilst maintaining the highest levels of customer interaction"
The Comodo companies provide the infrastructure that is essential in enabling e-merchants, other Internet-connected companies, software companies, and individual consumers to interact and conduct business via the Internet safely and securely. The Comodo companies offer PKI SSL, Code Signing, Content Verification and Email Certificate; award winning PC Security software; Vulnerability Scanning services for PCI Compliance; secure e-mail and fax services.
Continual innovation, a core competence in PKI, and a commitment to reversing the growth of Internet-crime distinguish the Comodo companies as vital players in the Internet's ongoing development. Comodo secures and authenticates online transactions and communications for over 200,000 business customers and 3,000,000 users of our desktop security products.
For additional information on Comodo - Creating Trust Online® visit Comodo.com
For more information, reporters and analysts may contact:
Office: +1 (888) 266-6361