Mobile Specifications

RNS Number:6139Z
Ericsson(L.M.)(Telefonaktiebolaget)
27 February 2001


MeT Initiative releases first specifications for secure mobile transactions

The specifications define how secure electronic transactions will be
performed on a mobile phone

San Diego, California February 27, 2001 - MeT, the initiative sponsored by
Ericsson, Motorola, Nokia, Panasonic, Siemens and Sony, has today
announced the public release of its first set of mobile e-commerce
specifications. In less than a year of existence, the MeT initiative has
led to the introduction of new specifications on mobile phone
functionality for mobile e-commerce. In addition to the specifications, a
document on ticketing and several usage scenarios were presented for
discussion purposes. The specifications can be downloaded free of charge
at www.mobiletransaction.org.

"The MeT initiative is very pleased with the fast development of the
specifications. With these specifications we are complementing the work of
other industry standardization bodies and preparing the market for trusted
mobile e-commerce services globally. The initiative is inviting all
interested parties to give feedback and comment on the specifications,"
said Martti Granberg, Chairman of the MeT initiative.

The MeT Associate Members, including security vendors, systems
integrators, and mobile network operators, reviewed the specifications in
the first Associate Member Summit in early February. The first
specifications consist of 5 main documents: MeT Core Specification, MeT
Personal Trusted Device Definition, PTD Security Requirements, MeT
Consistent User Experience, and MeT Terminology. The impact of the release
will be seen in the mobile phone products and other solutions that will be
launched by various MeT initiative sponsors and members during this year.

The MeT technologies and concepts will work on all networks, with all
services, and from all mobile devices. They will draw on existing industry
standards such as Wireless Application Protocol (WAP), Wireless Transport
Layer Security (WTLS), Wireless Identification Module (WIM), Public Key
Infrastructure (PKI), and Bluetooth. Privacy and security will be ensured
with digital signatures and cryptography services for transaction
verification, confidentiality, authentication, and non-repudiation.
Examples of MeT based applications include secure access for e.g.
financial and corporate services and use of mobile payment mechanisms such
as credit cards, debit cards, loyalty schemes, and ticketing.

More information can be found at www.mobiletransaction.org.

About Ericsson
Ericsson is the leading communications supplier, combining innovation in
mobility and Internet in creating the new era of Mobile Internet. Ericsson
provides total solutions covering everything from systems and applications
to mobile phones and other communications tools. With more than 100,000
employees in 140 countries, Ericsson simplifies communications for
customers all over the world. For more information about Ericsson, visit
the Website at www.ericsson.com/pressroom.

About Motorola, Inc.
Motorola, Inc. (NYSE:MOT) is a global leader in providing integrated
communications solutions and embedded electronic solutions. Sales in 2000
were $37.6 billion. For more information about Motorola, visit the Website
at www.motorola.com.

About Nokia
Nokia is the world leader in mobile communications. Backed by its
experience, innovation, user-friendliness and secure solutions, the
company has become the leading supplier of mobile phones and a leading
supplier of mobile, fixed and IP networks. By adding mobility to the
Internet Nokia creates new opportunities for companies and further
enriches the daily lives of people. Nokia is a broadly held company with
listings on six major exchanges.
For more information about Nokia, please visit www.nokia.com.

About Matsushita
Matsushita Communication Industrial Co., Ltd., a consolidated subsidiary
of Matsushita Electric Industrial Co., Ltd., best known for its Panasonic-
brand products, is one of the world's leading manufactures of mobile
phones for the global market. The company's contributions to the mobile
communications industry include W-CDMA wireless infrastructure products,
information platforms, and terminal products for mobile multimedia. For
more information about Panasonic's mobile communications, please visit
http://www.mci.panasonic.co.jp/english.

About Siemens IC Mobile
The Siemens Information and Communication Mobile Group (26,000 employees,
sales of 6 billion EUR in first 9 months of FY 2000) offers a complete
range of mobile telephone products including devices, infrastructure and
applications. Devices include mobile phones, ISDN phones, mobile
organizers, cordless and corded phones. The infrastructure portfolio
includes the complete range of network technologies from base stations and
switching systems to applications and intelligent networks. For more
information about Siemens, please visit http://www.siemens.de/ic/mobile.

About Sony
Sony Corporation is a leading manufacturer of audio, video, game,
communications and information technology products for the consumer and
professional markets. With its music, pictures, computer entertainment and
on-line businesses, Sony is uniquely positioned to be a leading broadband
entertainment company in the world. Sony recorded consolidated annual
sales of more than $63 billion for the fiscal year ended March 31, 2000.
Sony's Home Page URL: www.world.sony.com

For further information, please contact:

Bo Albertson, Marketing Director Communications
Ericsson Mobile Communications AB
Tel. [phone], [e-mail]

Patrick Hamilton, Motorola
Tel. [phone], [e-mail]

Pekka Isosomppi, Nokia
Tel. [phone], [e-mail]

Yasuharu Enda, Matsushita Communication Industrial Co., Ltd.
Tel. [phone], [e-mail]

Georg Wolf, Siemens ICM Mobile Devices
Tel. [phone] - 32 431, [e-mail]

Ted Kanno, Public Relations Department, Sony Corporation
Tel. [phone], [e-mail]

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