Entrust Technologies Inc., the data authentication company spun off by Northern Telecom of Canada, said the Swift international banking communications network has chosen its public key infrastructure as the basis for its security system.

Belgium-based Swift, the Society for Worldwide Interbank Financial Telecommunication, is Entrust's "first major win outside North America," said Terry Schoen, managing director of the recently formed Entrust Technologies Europe. "Swift's choice of Entrust sets an important precedent that the whole financial services community will take notice of."

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