Certicom Names New Independent Director



    MISSISSAUGA, ON, Oct. 22 /CNW/ - Certicom Corp. (TSX: CIC) today
announced the election of J. Ian Giffen to its board of directors. "Ian Giffen
brings impressive technology and financial expertise to the board," said
Jeffrey S. Chisholm, Chairman of the Board of Certicom. "We believe his
experience and his many relationships in the high tech community will serve
Certicom well as the company evolves into a supplier of comprehensive security
solutions on a global scale."
    Mr. Giffen is a chartered accountant with an extensive technology
background. Since 1996 he has acted as a senior advisor and Board member to
software companies and technology investment funds. From 1992 to 1996,
Mr. Giffen was Chief Financial Officer at Alias Research Inc., until it was
sold for approximately $500 million. Mr. Giffen is currently Chairman of the
Board of Descartes Systems Inc. and a director of MKS Inc., Corel Corporation
Inc. and Ruggedcom Inc.
    Mr. Giffen was elected at the Corporation's Annual General Meeting of
Shareholders held on September 24, 2008.

    About Certicom

    Certicom manages and protects the value of content, applications and
devices with government-approved security. Adopted by the National Security
Agency (NSA) for government communications, Elliptic Curve Cryptography (ECC)
provides the most security per bit of any known public-key scheme. As the
global leader in ECC, Certicom's security offerings are currently licensed to
hundreds of multinational technology companies, including IBM, General
Dynamics, Motorola, Oracle and Research In Motion. Founded in 1985, Certicom's
corporate offices are in Mississauga, Ontario, Canada with worldwide sales and
marketing headquarters in Reston, Virginia and offices in Europe and Asia.
Visit www.certicom.com

    Certicom Safe Harbor Statement

    Except for historical information contained herein, this news release
contains forward-looking statements that involve risks and uncertainties.
Forward-looking information includes information concerning Certicom's future
financial performance, business strategy, plans, goals and objectives. When
used in such documents, the words "plans", "expects", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates", "will", "believes" or
variations of such words and phrases often, but not always, identify forward
looking statements. Factors which could cause actual results or events to
differ materially from current expectations include, among other things: the
ability of Certicom to successfully implement its strategic initiatives and
whether such strategic initiatives will yield the expected benefits; the
ability of Certicom to develop, promote and protect its proprietary technology
security breaches or defects in Certicom's products; competitive conditions in
the businesses in which Certicom participates; changes in consumer spending;
the outcome of legal proceedings as they arise; general economic conditions
and normal business uncertainty; consolidation in Certicom's industry and by
its customers; customer preferences towards product offerings; the risk that
customers may cancel their contracts with Certicom; reliance on a limited
number of customers; demand for ECC-based technology; performance of
Certicom's management team and Certicom's ability to attract and retain
skilled employees; operating Certicom's business profitably; fluctuations in
revenue and foreign currency exchange rates; interest rate fluctuations and
other changes in borrowing costs; the ability to develop and maintain
strategic relationships; and other factors identified under the heading "Risk
Factors" in Certicom's annual information form dated July 21, 2008 and filed
on SEDAR at www.sedar.com.

    %SEDAR: 00003865E




For further information:

For further information: John Callahan, Certicom, (703) 234-2357,
jcallahan@certicom.com

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CERTICOM CORP.

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