Certicom Corp. announces exercise of over-allotment option

Apr 10, 2001, 01:00 ET from Certicom Corp.

    HAYWARD, CA, April 10 /PRNewswire/ - Certicom Corp. (Nasdaq: CERT; TSE:
 CIC), a leading provider of mobile e-business security, today announced that
 the syndicate of investment dealers led by Yorkton Securities Inc., and
 including BMO Nesbitt Burns Inc., CIBC World Markets Inc., HSBC Securities
 (Canada) Inc. and TD Securities Inc., has exercised its over-allotment option
 in connection with Certicom's recently completed common share offering. As a
 result, the company will issue an additional 500,000 common shares for gross
 proceeds of Cdn$6,250,000 (approximately US$4,002,562).
     The common shares have not been registered under the United States
 Securities Act of 1933, as amended, and may not be offered or sold within the
 United States or to, or for the account or benefit of, U.S. persons absent
 U.S. registration or applicable exemptions from U.S. registration
 requirements.
 
     About Certicom
 
     Certicom is a leading provider of information security software and
 services, specializing in solutions for mobile e-business. The Company's
 products and services are specifically designed to address the challenges
 imposed by a wireless data environment. Certicom's solutions incorporate its
 efficient encryption technology and are based on industry standards for
 information security that utilize public and key cryptography. Certicom's
 products are currently licensed to more than 150 customers including
 ePocrates, Inc., Motorola, Inc., NeoPoint, Inc., Nortel Networks, Openwave
 Systems Inc., Palm, Inc., Pixo, Inc., QUALCOMM, Inc., Research In Motion Ltd.
 and Sony International (Europe) GmbH. Certicom's headquarters and worldwide
 sales and marketing operations are based in the Silicon Valley in Hayward. For
 more information, visit Certicom's Web site at http://www.certicom.com.
 
     Certicom is a trademark of Certicom Corp. All other companies and
 products listed herein are trademarks or registered trademarks of their
 respective holders.
     Except for historical information contained herein, this press release
 contains forward-looking statements that involve risks and uncertainties.
 Actual results may differ materially. Factors that might cause a difference
 include, but are not limited to, those relating to the acceptance of mobile
 wireless devices and the continued growth of e-commerce and m-commerce (mobile
 e-commerce), the increase of the demand for mutual authentication in m-
 commerce transactions, the acceptance of Elliptic Curve Cryptography (ECC)
 technology as an industry standard, the market acceptance of our principal
 products and sales of our customer's products, the impact of competitive
 products and technologies, the possibility of our products infringing patents
 and other intellectual property of third parties, and costs of product
 development. Certicom will not update these forward-looking statements to
 reflect events or circumstances after the date hereof. More detailed
 information about potential factors that could affect Certicom's financial
 results is included in the documents Certicom files from time to time with the
 Securities and Exchange Commission and Canadian securities regulatory
 authorities including Certicom's current Annual Report on Form 10-K.
 
 

SOURCE Certicom Corp.
    HAYWARD, CA, April 10 /PRNewswire/ - Certicom Corp. (Nasdaq: CERT; TSE:
 CIC), a leading provider of mobile e-business security, today announced that
 the syndicate of investment dealers led by Yorkton Securities Inc., and
 including BMO Nesbitt Burns Inc., CIBC World Markets Inc., HSBC Securities
 (Canada) Inc. and TD Securities Inc., has exercised its over-allotment option
 in connection with Certicom's recently completed common share offering. As a
 result, the company will issue an additional 500,000 common shares for gross
 proceeds of Cdn$6,250,000 (approximately US$4,002,562).
     The common shares have not been registered under the United States
 Securities Act of 1933, as amended, and may not be offered or sold within the
 United States or to, or for the account or benefit of, U.S. persons absent
 U.S. registration or applicable exemptions from U.S. registration
 requirements.
 
     About Certicom
 
     Certicom is a leading provider of information security software and
 services, specializing in solutions for mobile e-business. The Company's
 products and services are specifically designed to address the challenges
 imposed by a wireless data environment. Certicom's solutions incorporate its
 efficient encryption technology and are based on industry standards for
 information security that utilize public and key cryptography. Certicom's
 products are currently licensed to more than 150 customers including
 ePocrates, Inc., Motorola, Inc., NeoPoint, Inc., Nortel Networks, Openwave
 Systems Inc., Palm, Inc., Pixo, Inc., QUALCOMM, Inc., Research In Motion Ltd.
 and Sony International (Europe) GmbH. Certicom's headquarters and worldwide
 sales and marketing operations are based in the Silicon Valley in Hayward. For
 more information, visit Certicom's Web site at http://www.certicom.com.
 
     Certicom is a trademark of Certicom Corp. All other companies and
 products listed herein are trademarks or registered trademarks of their
 respective holders.
     Except for historical information contained herein, this press release
 contains forward-looking statements that involve risks and uncertainties.
 Actual results may differ materially. Factors that might cause a difference
 include, but are not limited to, those relating to the acceptance of mobile
 wireless devices and the continued growth of e-commerce and m-commerce (mobile
 e-commerce), the increase of the demand for mutual authentication in m-
 commerce transactions, the acceptance of Elliptic Curve Cryptography (ECC)
 technology as an industry standard, the market acceptance of our principal
 products and sales of our customer's products, the impact of competitive
 products and technologies, the possibility of our products infringing patents
 and other intellectual property of third parties, and costs of product
 development. Certicom will not update these forward-looking statements to
 reflect events or circumstances after the date hereof. More detailed
 information about potential factors that could affect Certicom's financial
 results is included in the documents Certicom files from time to time with the
 Securities and Exchange Commission and Canadian securities regulatory
 authorities including Certicom's current Annual Report on Form 10-K.
 
 SOURCE Certicom Corp.