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

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To: j.oil who wrote (2397)6/14/1999 9:48:00 AM
From: j.oil  Read Replies (1) of 3086
 
NEWS
Jaws Technologies Signs Sales Contract With Thomson Kernaghan For Full Suite of Security Products

CALGARY, June 14 /CNW/ - JAWS Technologies Inc. (NASD-OTC BB: ''JAWZ''),
a provider of the best in information security technologies and practices, is
pleased to announce that the company has signed a sales contract with Thomson
Kernaghan & Co. Ltd. for the delivery of the suite of JAWS security products.
Thomson Kernaghan has selected JAWS Technologies as its information
security partner drawing on JAWS' security expertise and technologies to
protect confidential and highly valuable business and client information.
JAWS has been contracted to implement and train Thomson Kernaghan employees in
the use of the JAWS suite of security products and services.
''This purchase and implementation of the suite of JAWS security products
by Thomson Kernaghan illustrates the need for information security tools
across a variety of computing channels. This contract further validates JAWS
product value in the financial sector,'' states Robert Kubbernus, CEO, JAWS
Technologies Inc. ''Banks, brokerage firms, investment bankers are all
beginning to recognize just how serious the threat of intrusion is and just
how important privacy for their clients is as many institutions move into
online services for their clients and partners. Maintaining client confidence
is essential in the electronic age. Thomson Kernaghan has recognized this and
taken significant steps to ensure their clients' information is never
compromised. By selecting JAWS we believe Thomson Kernaghan has made a
commitment to stay on the leading edge of security products and services.''
''We handle substantial amounts of highly sensitive information each day
from client records to business proposals and financial data.'' says Chris
Everest, Credit and Information Systems Manager at Thomson Kernaghan. ''The
liability and business repercussions associated with this information falling
into the hands of the wrong people is a very real concern. We are adopting
JAWS' security solutions to mitigate these risks. It was important that we
could go to one vendor for all our security requirements. JAWS has certainly
demonstrated this.''

About Thomson Kernaghan

Thomson Kernaghan & Co. Ltd. was originally established in Toronto,
Canada, in 1949. Thomson Kernaghan is one of the oldest privately-owned
investment dealers in Canada, providing a wide range of brokerage services to
its corporate, institutional and retail clients.

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
caliber security experts, encompasses a robust series of IT audit routines.
JAWS Technologies is at the forefront of the security 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.

-30-
For further information: Robert Kubbernus - CEO, JAWS Technologies
Inc., Barrie Einarson - Director Investor Relations, (888) 301-5297
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