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Comodo reassure SSL customers with price freeze declaration amidst competitor's SSL price hikes

Kent, UK. Comodo, the Internet security specialist, has today announced price freezes on its InstantSSL (InstantSSL - SSL Certificate Authority) SSL Certificate brand - a move made to reassure the market that amidst recent price hikes from its competitors, it will not be increasing the cost of its SSL Certificates.

The last 3 months have seen substantial price increases from Verisign subsidiary Thawte, and more recently GeoTrust. Whilst the Thawte price increases were announced by Verisign many weeks in advance, the GeoTrust price increases have been unexpected to much of the market, especially as GeoTrust CEO Neal Creighton was quick to comment on Thawte's increased pricing in his letter aimed at Thawte resellers.

In August 2002, the Thawte price for a 128 bit SSL Certificate was increased from $125 to $199. Earlier this week GeoTrust raised the price of their flagship SSL Certificate, QuickSSL, from $119 to $139, with their Wildcard Certificate increasing 50% in price from $499 to $750 even though GeoTrust SSL Certificates provide a lower browser ubiquity than competing Verisign, Thawte and Comodo certificates. Comodo's InstantSSL Certificates retail at P.O.A., with Wildcard Certificates available at P.O.A. and boast a 99% browser ubiquity.

"We want to assure all our customers that our prices remain frozen," states Paul Tourret, Managing Director of Comodo Limited, "We launched InstantSSL several months ago as the market leader in low-cost, fully validated, fully supported high quality SSL Certificates. The recent price increases from Thawte and GeoTrust only strengthen our unique position in this market - through InstantSSL we ensure that high quality SSL webserver security will remain affordable."

It has been commented by industry analysts that the entry of Comodo into the SSL providers market has intensified competition and enlivened the industry. According to the monthly Netcraft (netcraft.com) secure server survey (netcraft.com/survey), Comodo has quickly established a 1% market share within the first few months of launching its InstantSSL brand.

InstantSSL has been well received by customers, resellers, ISPs and web hosting companies since its launch. By combining essential factors such as industry standard 128-bit SSL, full validation, full support, 99% browser ubiquity and low prices, InstantSSL occupies a unique position in the SSL providers market.

Paul Tourret is the Managing Director of Comodo Limited and may be contacted at paul.tourret@comodogroup.com, + 1.888.266.6361 or + 1.703.581.6361.

Editors: for further information on this subject, please contact steven.waite@comodogroup.com

About Comodo

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. 

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