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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ

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To: justaninvestor who wrote (2233)5/13/1999 9:57:00 AM
From: justaninvestor  Read Replies (2) of 3086
 
Press Release - this alliance is a result of the FOSE conference that JAWS attended in Washington, DC back in March.

JAWS SIGNS ALLIANCE WITH WIMSCO, INC. TO PROVIDE INTEGRATED SECURITY SOLUTIONS TO FEDERAL GOVERNMENT AGENCIES

CALGARY, Alberta, May 13, 1999 - JAWS Technologies Inc. (NASD-OTC BB: "JAWZ"), a provider of the best in information security technologies and practices, announced today the formation of a strategic alliance with Worldwide Information Management Systems Company, Inc. (WIMSCO, Inc.), a leading systems integrator of IT solutions for US Federal Government and HealthCare Agencies.

The objectives of this agreement are to 1) grow both organisations' presence in the Federal Government IT Sector by accessing an estimated $3.9 billion market; 2) to deliver better integrated security solutions to existing Government Thin-Client/Server Customers; 3) to introduce improved policy-based security methodologies to large government agencies and 4) develop a strong VAR channel specializing in the government industry vertical.

"Because of WIMSCO's 10 years of solid government-based systems integration experience in LAN, WAN, Y2K and large-scale IT project management, they are perfectly suited to facilitate our growth into this market segment," states Robert Kubbernus, CEO, JAWS Technologies Inc.. "Their stature as an A+ Authorized Service Center demonstrates their commitment to excellence. These are the qualities we look for in our alliances."

"We work with only the best because our clients demand it. We selected JAWS Technologies to be our security specialist because they have the products and services combined with a rigid determination to address security issues across the board," states Thomas Wims, Founder and President, WIMSCO, Inc.. "This means our joint clients will be getting the best overall protection because security is not about any one product but it is an ongoing effort to find and fix the weakest link in the security processes. WIMSCO is a value-added reseller (VAR) for COMPAQ computers," he adds. "This means that the JAWS/WIMSCO team has access to total computer security solutions; from the encryption software, computer hardware and the systems integration skills."

About WIMSCO, Inc.

WIMSCO, a Maryland Corporation, has successfully been in business since 1989 specializing in software and systems engineering, management and consulting services and training. Some of the Specific Technical Strengths and Areas of Expertise include Mission Critical Computer Systems (MCCS) development, rehosting and upgrading of MCCS to state-of-the-art computer platforms and software conversion to modern languages and operating systems. WIMSCO professionals have successfully completed large re-engineering and reuse of legacy software systems for Year 2000 compliance. WIMSCO has extensive experience in all aspects of client-server environments as well as Local and Wide Area Network (LAN/WAN) design, configuration and installation. Their facilities management skills include help desk support. For more information contact Thomas Wims at twims@hotmail.com

About JAWS Technologies
JAWS Technologies, Inc. (NASD-OTC BB: "JAWZ") is dedicated to the development and integration of information risk management strategies for secure business practices on a global scale. JAWS Technologies offers an extensive security consulting practice that addresses explicit business requirements. The JAWS IT Security Practice, performed by a team of high calibre security experts, encompasses a robust series of IT audit routines. JAWS Technologies is at the forefront of the cryptography industry with uncompromised security technologies. The sophistication of proprietary security technology solutions coupled with leading edge packaged data encryption software products provides JAWS clients fast, strong and easy-to-use security management tools. For more information, visit the company's web site at jawstech.com. Forward all investment inquiries to invrel@jawstech.com or call 1-888-301-5297.

Forward-looking statements and comments in this press release are made pursuant to safe harbor provisions of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the companies to complete the transaction and enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.

JAWS TECHNOLOGIES INC. (NASD-OTC BB: "JAWZ")
1013 17th Avenue SW / Calgary, Alberta T2T 0A7
Phone (403) 508-5055; (888) 301-5297 / Fax (403) 508-5058

Barrie Einarson
Director Investor Relations
JAWS Technologies Inc.
1-888-301-5297
1-403-508-5055
Hours: 8:00AM - 5:PM MST
Contact me @ mailto:invrel@jawstech.com
Website: jawstech.com

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