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Baltimore Technologies: The Price for Security

Published by: webmaster 2009-01-09

With billions of dollars of transactions running across B2B systems, there is an obvious need for security. Of course, investors have been attuned to this and placed hefty market caps on security companies.

Annapolis Park Place nabs HQ - Baltimore Business Journal:::
spin-off from companies that want to be close to the National Security Agency. the asking price of $30 a square foot for one of downtown Baltimores newest
http://baltimore.bizjournals.com/baltimore/stories/2006/03/13/story4.html
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One is Baltimore Technologies . Even though there was a fall in the stock, the market cap is still $4 billion.

Baltimore Technologies is an amalgam of different companies. In January 1999, Baltimore Technologies Ltd. merged with Zergo Holdings plc (Zergo purchased Security Domain in March 1998). As for Baltimore Technologies Ltd., it was founded in 1976 in Dublin, Ireland.

The result is a company with 700 employees and a global presence (there are 26 offices across the world).

Over the years, Baltimore Technologies has developed a comprehensive suite of critical technologies for security. The solutions protect virtually any type of system: Internet, extranet or intranet.

CEO change coming at Urban Trust Bank - Baltimore Business Journal:::
Security trap: In response to robberies, Associated adds vestibules Price: $1,700,000. Building Size: 2,700 SF. Use Type: Sale. More Baltimore Real Estate
http://baltimore.bizjournals.com/baltimore/stories/2007/10/01/daily20.html?from_msn_money=1
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Here are some of the products:

1.Telepathy: This is built for wireless devices. Basically, it allows for secure mobile commerce.

Find New Homes & Home Builders in Baltimore, Maryland at iNest.com::
Search & compare new homes from Baltimore area home builders & get 1% cash back following your real estate purchase. Thats $2,000 on the purchase of a $200,000 home!
http://www.internest.com/indexbaltimore.asp
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Data breach law puts businesses on notice to safeguard information ::
Baltimore > Print Edition > Industries > High Tech - Networking Security numbers, financial accounts and the like -- that with a security code
http://baltimore.bizjournals.com/baltimore/stories/2007/12/17/focus2.html
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2. X/Secure: This provides security for XML documents. This is critical for B2B applications.

3. MailSecure: As the name implies, companies can secure email transmissions.

Baltimore Technologies has definitely been able to attract major customers. There are more than 500 (which span 40 countries). Examples include Bank of Ireland, Visa International and the Australian Tax Office. One of the more interesting customers is CommerceOne, which is using Baltimore Technologies to secure transactions for its online B2B marketplaces.

In the past quarter, Baltimore Technologies had $24.6 million in revenues, which was a 221% gain from the same period last year and a 72% sequential increase. The company had losses of $6.7 million.

Interestingly enough, the U.S. recently passed legislation to validate digital signatures for commerce. Other countries are following suit. And, of course, Baltimore Technologies has the products to ride the wave across the globe.


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