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

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To: Buckey who wrote (2859)2/16/2000 9:39:00 AM
From: j.oil   of 3086
 
Attention Business Editors:

JAWS Technologies Becomes LUCENT FULL CIRCLE PROGRAM ALLIANCE PARTNER

CALGARY, Feb. 16 /CNW/ - JAWS Technologies Inc. (JAWZ: OTC-BB) is pleased
to announce it has accepted an invitation to join Lucent Technologies' Full
Circle Program. In joining this alliance, JAWS will help lead the drive in
next generation broadband service applications including information security.
The Lucent Full Circle Program is designed to facilitate development on
Lucent platforms including marketing support programs tailored to application
service providers (ASPs) and a comprehensive suite of services to enable it's
deployment.
``JAWS fully supports Lucent's initiative to enable next generation
networks,' said Robert Kubbernus, Chairman and CEO at JAWS Technologies Inc.
``We are committed to working with Lucent to accelerate the development of
end-to-end information security solutions for next generation networks and the
ASP industry. With JAWS' leading security software products, consulting
services and secure Internet and remote data storage, this partnership will
enable customers to manage information on world-class data networks.'
According to Forrester Research, the total opportunity for the ASP market
is estimated to grow to over $20 billion in 2001. The ASP industry is a
targeted vertical market for JAWS in which it will continue to advance ASP
related security technologies and develop strategic relationships with leading
ASP companies.
JAWS is a founding member of the ASP Industry Consortium, an
international advocacy group formed to promote the application service
provider industry by sponsoring research and articulating the strategic and
measurable benefits of this evolving delivery model.

About JAWS Technologies: ``Information is Power. Protect It.'
JAWS Technologies is a leader in secure information management solutions
including security software products, consulting services and secure Internet
and remote data storage services for key client groups including governments,
law enforcement, healthcare, legal and accounting, financial services,
e-commerce, internet service providers and application service providers.
JAWS' western business unit is in Calgary, Canada, its eastern business unit
is located in Toronto, Canada, and the company has offices in Fairfield, New
Jersey and Pasadena, California. JAWS has over one hundred employees, twenty
five strategic partners, approximately 100 corporate clients, over 300
authorized re-sellers and has distributed approximately 580,000 copies of
JAWS XMAIL, a secure messaging email software program. JAWS Technologies is
traded on the NASD-OTC BB, under the symbol JAWZ. For more information, visit
the company's website at www.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.

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For further information: Kerk Hilton, Investor Relations and
Communications, JAWS Technologies Inc., Toll Free: 1.888.301.5297,
khilton@jawstech.com
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