Tumbleweed Partners With Wachovia to Launch an Innovative Secure Email Communications Platform
July 10 2006 - 9:00AM
Business Wire
The Message Center Provides Comprehensive Email Protection and a
Secure Communications Environment for Wachovia's Commercial and
Retail Customers Tumbleweed(R) Communications Corp. (NASDAQ:TMWD),
a leading provider of email security, managed file transfer, and
identity validation appliance and software products, announced
today that Wachovia Corporation (NYSE:WB), one of the nation's
largest diversified financial services companies, has implemented
the Tumbleweed MailGate(R) email security suite to power the
Wachovia Message Center by providing secure, encrypted email
communications between Wachovia's internet customers, partners, and
relationship managers. Wachovia, the 4th largest financial
institution in the United States, exchanges more than 30,000
different types of email messages per day with commercial and
retail customers, as well as other financial services partners.
These messages often contain highly sensitive financial or personal
identity information, making the security and privacy of these
communications of paramount importance. And because customers and
partners depend on this information to make important business and
financial decisions, reliable delivery and tracking of these
messages is critical. To address these communications needs,
Wachovia created the Message Center, a secure and extensible
communications platform powered by Tumbleweed email security
products. The Message Center inspects outbound email messages, and
encrypts and securely delivers any that contain sensitive or
confidential information. "Today, email remains the primary way
online for people to exchange sensitive information and facilitate
resolution of customer service issues," said Ilieva Ageenko, SVP,
Director of Emerging Applications at Wachovia. "Tumbleweed's secure
messaging products are highly secure and flexible, ensuring the
safety of sensitive customer data and financial information, while
allowing us to leverage secure communications across multiple lines
of businesses within our organization." The Message Center inspects
outbound email messages, and encrypts and securely delivers any
that contain sensitive or confidential information. Wachovia has
chosen an implementation approach that can be used universally by
any customer or partner with an email account and Web browser. It
pulls customers to a secure (SSL) website to pick up their messages
and documents, and can be branded for use by many different
business units within Wachovia. The Message Center is tightly
integrated into Wachovia's IT infrastructure to leverage (rather
than re-create) systems such as single sign-on/access management,
LDAP, and Wachovia's Subscription Alert system. While Wachovia is
deploying this Message Center platform first for the Wholesale
Banking division, they have architected this platform to support
the secure messaging requirements of all of their business units.
"Tumbleweed works with many organizations in the financial services
industry, but we have found Wachovia to be one of the most
innovative and forward-looking of our customers," said James P.
Scullion, Tumbleweed CEO and Chairman. "It is particularly
impressive that Wachovia has taken the communications challenges
facing the banking industry today (phishing attacks, identity
theft, data privacy breaches, etc.) and come up with a secure
communications strategy that does the right thing for their
customers and turns these issues into a competitive advantage for
Wachovia. And they have done this in a way that makes it very easy
for customers to use, and is transparent to employees within the
bank -- this is quite a rare feat for a secure communications
solution." Wachovia Wins Customer Innovation Award at Tumbleweed
WorldSecure User Conference This past May, at Tumbleweed's annual
worldwide user conference, Wachovia was announced as the winner of
the WorldSecure Customer Innovation Award for its Message Center
deployment. The WorldSecure Customer Innovation Award is designed
to recognize and honor breakthrough applications of Tumbleweed
products and technologies. SAFE HARBOR STATEMENT Tumbleweed
cautions that forward-looking statements contained in this press
release are based on plans and expectations as of the date of the
press release, and that a number of factors could cause the actual
results to differ materially from the guidance given at this time.
These factors are described in the Safe Harbor statement below.
Except for the historical information contained herein, the matters
discussed in this press release may constitute forward-looking
statements that involve risks and uncertainties that could cause
actual results to differ materially from those projected,
particularly with respect Wachovia's continued use of Tumbleweed's
products and services. In some cases, forward-looking statements
can be identified by terminology such as "may," "will," "should,"
"potential," "continue," "expects," "anticipates," "intends,"
"plans," "believes," "estimates," and similar expressions. For
further cautions about the risks of investing in Tumbleweed, we
refer you to the documents Tumbleweed files from time to time with
the Securities and Exchange Commission, particularly Tumbleweed's
Form 10-K filed March 16, 2006 and Form 10-Q filed May 10, 2006.
Tumbleweed assumes no obligation to update information contained in
this press release. Although this release may remain available on
Tumbleweed's website or elsewhere, its continued availability does
not indicate that Tumbleweed is reaffirming or confirming any of
the information contained herein. About Tumbleweed Communications
Corp. Tumbleweed provides security solutions for email protection,
file transfers, and identity validation that allow organizations to
safely conduct business over the Internet. Tumbleweed offers these
solutions in three comprehensive product suites: MailGate,
SecureTransport(TM) and Validation Authority(TM). MailGate provides
protection against spam, viruses and attacks, and enables
policy-based message filtering, encryption and routing.
SecureTransport enables business to safely exchange large files and
transactions without proprietary software. Validation Authority is
the world-leading solution for determining the validity of digital
certificates. Tumbleweed's enterprise and government customers
include ABN Amro, Bank of America Securities, Catholic Healthcare
West, JP Morgan Chase & Co., The Regence Group (Blue Cross/Blue
Shield), St. Luke's Episcopal Healthcare System, the US Food and
Drug Administration, the US Department of Defense, and all four
branches of the US Armed Forces. Tumbleweed was founded in 1993 and
is headquartered in Redwood City, Calif. For additional information
about Tumbleweed go to www.tumbleweed.com or call 650-216-2000.
Tumbleweed, the Arrows logo, MailGate, SecureTransport, and
Validation Authority are either registered trademarks or trademarks
of Tumbleweed Communications Corp. in the United States and/or
other countries. All other trademarks are the property their
respective owners.
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