By Sonya Rabbitte, 7 June 2000 13:04
NEWS E-security providers Baltimore Technologies are to provide encryption software to Intel for use in their Internet Authentication Services (IAS). Intel IAS offers authentication products for Internet healthcare services, with customers including Internet health Web sites and healthcare provider organisations. Mariah Scott, general manager of Intel IAS, said in a statement: "Intel is developing a managed authentication service that allows healthcare service providers to focus on their core competencies and outsource an important piece of their Internet security system." The agreement comes as Baltimore faces relegation from the FTSE top 100 just three months after it entered the index. Baltimore shares rose to 1,375 pence in March after entering the FTSE, but dropped to 364.50p in May as technology, telecom and media stocks slumped. Following today's FTSE review, Baltimore - with a market capitalisation of £2.3bn - has fallen to 118th position among the top stocks.
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