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ARTICLE · 08 OCTOBER 1997

VeriSign Gets Export Approval

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United StatesIntellectual Property
As reported in the attached article, Verisign has received a license to export certificates that will enable Netscape and Microsoft web servers used by approved financial institutions and subsidiaries of U.S. companies to communicate using 128-bit encryption with client software worldwide.

As you will recall, Netscape and Microsoft announced last month that they had received approval to export client and server software containing 128-bit SSL encryption for home banking uses. Digital certificates would be issued to the banks using these servers, and the exported client-side 128-bit encryption would operate only with institutions that have such certificates.

This license obtained by Verisign is the final approval that was needed for these plans to be implemented. The fact that the Verisign approval also includes foreign subsidiaries of U.S. companies indicates that the government has made the decision to extend to U.S. companies with overseas offices the same favorable

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