Comodo reassure SSL customers with price freezes amidst competitor’s SSL price increases

"Security will remain affordable" states Comodo.

HostReview.com
Tuesday, November 12, 2002; 12:00 AM

11/12/2002 - Kent, UK. Comodo (www.comodogroup.com), the Internet security specialist, has today announced price freezes on its InstantSSL (www.instantssl.com) 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 $49, with Wildcard Certificates available at $449 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 (www.netcraft.com) secure server survey (www.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, US (720) 904-9120 or Europe +44 (0) 1622 832700.

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

About Comodo:
Comodo (www.comodogroup.com) is a leading Internet security specialist and provides next generation E-commerce Security Solutions. Through a growing range of products, services and applications developed by its dedicated research lab, Comodo provides software, hardware and certificate based security to home and business users. For product information please contact US (720) 904-9120 or Europe +44 (0) 1622 832700 or visit the Comodo Home Page at www.comodogroup.com.

About InstantSSL Certificates:
InstantSSL Certificates (www.instantssl.com) are digital credentials that enable websites to secure customer transactions using the industry standard security protocol known as SSL. By allowing websites to create an encrypted secure tunnel between the site and the customer, SSL has fuelled the growth and confidence in conducting online transactions. The majority of Internet users now know to look for the 'little gold padlock' indicating an SSL secure session in their browser before entering critical personal information such as credit card numbers and passwords.

For more info: http://www.comodogroup.com

Steven Waite Comodo Black Barn Offices, Sheephurst Lane Marden , KentTN12 9NSUnited Kingdom steven.waite@comodogroup.com www.comodogroup.com