Stock Watch: Entrust Lifted by Amazon Pact

Entrust Technologies, Inc. (Nasdaq: ENTU) gained 3 1/4 to close at 52 3/8 Monday after the security software company said Amazon.com would use its products and services in its internal systems.

Amazon and Entrust said they will review the agreement and consider expanding it. Entrust President and Chief Executive Officer John Ryan called the contract with the world’s largest e-tailer “a strong endorsement of our innovation, our proven solutions, and our ability to provide trust for our customers.”

Also Monday, Entrust said Tibco Software (Nasdaq: TIBX) would use its products to secure transactions for B2B customers.

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