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Microcap & Penny Stocks : FaxSave (FAXX)

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To: InvestorFacts who wrote (111)2/5/1999 2:09:00 PM
From: Skywatcher   of 162
 
I think it's obvious you are not the only one noticing...
UP ONE and a quarter
FaxSav Granted Patent for Method of Authenticating Email Sender's Identity
Edison, NJ--(BUSINESS WIRE)--Feb. 5, 1999--FaxSav (NASDAQ NM: FAXX - news), the New Jersey-based global leader in Internet Fax, has been granted a United States patent for electronic ''stamps'' that enhance the security of Internet messages by validating the sender's identity.
The patent was granted in January 1999 to two FaxSav development engineers, James C. Kaufeld and Matthew B. Stone. The invention of an electronic ''stamp'', consisting of six internationally universal
characters, authenticates the identity of the originator of an email or Internet Fax and validates their right to access an account.
''Protecting one's identity is of paramount concern to anyone conducting commerce on the Internet today,'' said Thomas F. Murawski, FaxSav's President and Chief Executive Officer, ''This rational fear
may stymie the anticipated growth of many online businesses. We are pleased that the U.S. Patent Office has publicly recognized that ''stamp'' technology can contribute to the protection of one's electronic identity.''
The stamp technology was originally created to authenticate whether email or faxes were originated by authorized customers of FaxSav's email-based fax delivery system, known as FaxMailer. FaxMailer
enables any email account to deliver a document to a fax machine by assigning each fax machine an email address.
''We created an affordable and simple way to thwart electronic fraud,'' stated Kaufeld, FaxSav's Vice President of Engineering. ''By inserting a clear-text code or stamp known only to the sender, into the body of a message, we confirm the sender's identity. With the stamp, the transmission goes through. Without it - it doesn't. ''
FaxSav is the global leader in Internet Fax, an emerging industry recently forecasted by the Dataquest/Gartner Group to grow from 44 million pages carried in 1997 to 5.6 billion pages by the year
2001. FaxSav provides enterprise-wide fax solutions to business customers in 150 countries worldwide, helping them fax more easily, efficiently, and economically. Contact FaxSav at 800-828-7115 or visit
www.faxsav.com
chris
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