Certicom Corp., the Canadian data security company, joined with Pitney Bowes Inc. in endowing research chairs at the University of Waterloo, Ontario.

Certicom has been promoting the elliptic curve method of data encryption as an alternative to standards based on RSA Data Security Inc. programs. To educate the market and raise awareness, Certicom also recently followed RSA's practice of challenging cryptographers and mathematicians to break its code, with monetary rewards to the code-breakers.

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