Business Law1

            
            
            
             The full name of the first company I chose is Entrust Technologies Inc. The state and year of incorporation is Texas in 1996. The company was a spin-off of Nortel Networks. The worldwide headquarters for the corporation is 4975 Preston Park Blvd Suite 400 Plano, Texas 75093. The Chief Executive Officer and President of the company is John Ryan. The number of shareholders is in the 26, 000 range and the stock is traded on the NASDAQ. The ticker symbol for the corporation is ENTU. The CUSIP number is _________. The price range of Entrust Technologies from 1998 – 1999 was $24 upon opening on January 1, 1998 and it’s close was $60 on December 31, 1999 (See chart 1.1, attached to back of paper full year price range). The corporation has many subsidiaries that it recognizes: Entrust Technologies Limited, Entrust.net, Entrust Technologies (United Kingdom, Switzerland, Japan), Entrust Technologies GmbH (Germany) and CygnaCom Solutions.
             “Entrust Technologies Inc. provides products and services to ensure secure electronic communications and transactions over the Internet, Extranets and Intranets.” (http://biz.yahoo.com/p/e/entu.html) The company is ahead of its game in the Internet business. A lawsuit was filed against the company in February of 1999 by Surety technologies, Inc. The lawsuit involved the supposed infringement of patent rights on the part of Entrust Technologies. Surety said they developed a digital – timestamping method using hash – and - sign. They claim it was their method and only theirs. The United States District Court for the Eastern District of Virginia ruled for Entrust claiming that the patent covering the “special” hash -and- sign method used by Surety was not a new thing. Any company could use the technology to better their communication systems by timestamping electronic documents. The lawsuit and verdict proved to the rest of the world that Entrust Technologies is...

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Business Law1. (2000, January 01). In MegaEssays.com. Retrieved 18:56, April 19, 2024, from https://www.megaessays.com/viewpaper/46462.html