Nexland Inc.
Exchange: OTCBB
XLND
nexland.com
... designs, develops and supplies... shared Internet
access solutions for the office and home markets.
... product family allows multiple users on a local area network (LAN)
to share the same Internet connection simultaneously
... optimizing each user's access speed and providing firewall security.
... ISB product family is a flexible and scalable platform
that provides firmware-based routing functionality
to deliver Internet-enabled applications and services.
... support existing analog phone lines, as well as ISDN
and emerging access technologies such as xDSL, cable modems
and wireless connections.
... enable multiple users to safely and securely access
the Internet simultaneously through either regular phone lines,
analog modems, or highspeed digital connections.
... support VPNs (the pass-through of VPN protocols like IPSec, L2TP and PPTP).
========================
3 August 2000
========================
Last Trade 1.75
Bid 1.50
Ask 1.88
52 Wk High 4.00
52 Wk Low 1.38
52-week Range 1 - 8 1/2
Shares Outstanding 36 Million
Volume 3,100
Avg Daily Vol 10,000
Recent News
1 Aug 2000 - Retains Porter, LeVay & Rose as Investor Relations Counsel
17 Jul 2000 - Open Letter to Shareholders
MIAMI, July 17 /PRNewswire/
Dear Shareholder:
... November 17, 1999, Nexland became a public company,
and over the past 8 months we have been working diligently.....
Nexland, Inc. is a technology company that designs, develops
and supplies Internet sharing and secured firewall devices.
The company is currently positioned as a leader in our field
with such end-users as Conseco, Hewlett Packard, Agilent Technologies,
Xerox, Alaska Telephone Company (ACS), Bell Canada,
and over 100 other customers.
We provide low-cost Internet Sharing/Firewall devices
that fully support the use of VPN (Virtual Private Networking),
which enable "Work at Home" employees of medium to large corporations
to securely connect to their company's servers.....
... to utilize the Internet as a replacement to costly T1
or Frame Relay (expensive direct phone) connections
is saving Fortune 500 companies millions of dollars per year.
With our patent pending multi-session IPsec/PPTP (Internet protocol
security/point-to-point tunneling protocol) and L2TP "Pass Through"
support, Nexland's devices permit telecommuters to access the corporate
headquarters, while maintaining a complete firewall and encryption of
the sensitive data.
... by visiting our Web site at www.nexland.com
Very truly yours, Gregory S. Levine, President
Forward-looking statements in the release are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of l995.
These forward-looking statements are subject to certain risks and
uncertainties detailed in the Company's filings with the Securities
and Exchange Commission.
Contact: Greg Levine, President of Nexland, Inc., 305-358-7771.
07/17/2000 12:49 EDT prnewswire.com |
