Baltimore Technologies signed a deal with mobile phone operator Orange yesterday and unveiled a suite of software applications which it hopes will turn around the company's business performance.
The Dublin-based firm, which is struggling to generate a profit before it runs out of cash, introduced its "Trusted Business Suite" at an event in London. The software is designed to remove the cost and complexity of implementing the security technology, public-key infrastructure.
Public-key infrastructure technology enables firms to transfer data securely and privately across public networks by using digital certificates and signatures to authenticate users' identities.
Baltimore's new products are targeted at the corporate sector and will offer firms a much cheaper way to implement public-key infrastructure technology to secure information. It offers applications for business such as document encryption, e-mail encryption and securing virtual private networks for the workplace.
Each module is built on top of a core platform - the Baltimore applied solutions engine - which packages its core authentication and authorisation technology.
Mr Paul Parke, Baltimore's director of business development, said the latest products would reduce the cost of implementing public-key infrastructure technology dramatically.
"With the new suite of applications, it will cost companies tens of thousands of euros to implement, not hundreds of thousands," he said. The applications would be a lot simpler and take a matter of days to implement, he added.
The launch of the products represents a change in strategy for Baltimore which previously focused on delivering large infrastructure projects. But the market for this type of multimillion euro deals collapsed causing Baltimore to change direction.
