10 March 2004, Singapore - CommerceNet Singapore (CNSG) today announced that the National Trust Council (NTC) has appointed CNSG as the Authorised Code Owner (ACO) for business-to-business (B2B) eBusiness(s). CNSG was also appointed as the ACO for Business-to-Consumer (B2C) eBusinesses in November last year.

Following the appointment, CNSG will be authorised to award the TrustSg seal to business-to-consumer (B2C) web-based retailers who are accredited under its ConsumerTrust Global Reliability Programme and award the TrustSg seal to Business-to-Business (B2B) eBusinesses that are accredited under its BusinessTrust Global Reliability Programme. The TrustSg seal will be accompanied by the ConsumerTrust trustmark for the B2C ebusinesses and displayed by licensees of ConsumerTrust on their websites. Accredited B2B ebusinesses will now display the BusinessTrust Trustmark with the TrustSg seal.

The ConsumerTrust Code of Practice and the BusinessTrust Code of Practice are based on the international practices of trustmarks established in the Organisation for Economic Cooperation and Development (OECD), Global Business Dialogue on Electronic Commerce (GBDe) guidelines and several other global regulatory standards.

Issued by CommerceNet Singapore Ltd
For Further information, please contact:

CommerceNet Singapore Limited
35, Selegie Road,
#09-25, Parklane,
Singapore 188307
Tel: 65 - 6337 2368   Fax: 65 - 6337 7108
Email: trustmarks@cnsg.com.sg