***NEWS RELEASE 6/29/98 JAWS L5 Data Encryption Software Passes The $5,000,000 Break the Code Challenge. Contest Deadline Extended.
PR Newswire - June 29, 1998 17:15
CALGARY, June 29 /CNW-PRN/ - JAWS Technologies Inc. (NASD-OTC BB: ''JAWZ'') is pleased to announce that the L5 Data Encryption software product has passed its first industry test. As of Sunday, June 28, 1998, close of the $5,000,000 Break the Code Challenge, there have been no contest entrants who have successfully broke the code to decrypt the winning message. To support its claim of having a statistically unbreakable encryption product, JAWS Technologies has extended the official challenge deadline another 30 days to Tuesday, July 28, 1998.
''We wanted to have the best in the world attempt to break our code in order to validate that our product with 4096 bit encryption is the strongest there is.'' said Mr. Robert Kubbernus, President of JAWS Technologies. ''Extending the contest deadline to July 28, 1998 illustrates our confidence in the strength of the JAWS L5 Data Encryption software and allows us to further validate this claim.''
JAWS Technologies Inc. is the owner and developer of what is considered to be the world's strongest encryption software, JAWS L5 Data Encryption. With its numerous programming enhancements and abilities, JAWS L5 is fully developed security software that is ideal for both personal and corporate security use. With the explosion of Internet commerce and the skyrocketing use of computer data systems, computer security has risen to become a primary concern for leading edge IT professionals. JAWS Technologies Inc. is moving forward with its flagship ''L5'' products as well as further research and development in the information security field. The company anticipates several world-class product launches within the next 24 to 48 months.
Security has become the single most important issue in the current IT paradigm shift. As the rapid change from private system computing to public system computing continues, the opportunities for intruders and the need for improved security escalates. Amateur and highly paid professional hackers are out-pacing the abilities of the security solution providers. Billions of dollars of information could wind up in the wrong hands. Such security issues will become even more pronounced in the future.
SOURCE: JAWS Technologies Inc.
/CONTACT: JAWS Technologies, (888) 301-JAWS, Website: www.jawstech.com/ |
