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CYPOST OPENS PARTNERSHIP DISCUSSIONS IN JAPANS
RELATED SYMBOLS: (POST)
DOVER, Del., Jul 20, 1999 /PRNewswire via COMTEX/ -- CyPost Corporation (OTC Bulletin Board: POST) has entered into partnership discussions with several Japanese firms and put two representatives in place to represent the interests of CyPost as the company moves to open an affiliate office in Japan.
CyPost is putting in the foundation for a global role in the growing privacy and protection market. CyPost's chairman, Robert Sendoh, has initiated the relationships in Japan to build a CyPost affiliate that will encourage CyPost's position in the growing Asian Pacific Market.
"The Internet market in Asia holds vast opportunities for those companies with the cross cultural awareness and ability to localize their products," said Steve Berry, president and chief executive of CyPost. "We are in an extremely strong position with Mr. Sendoh leading this drive into Asia, based on his historical success in this area. "
"CyPost has purchased two Internet service providers and signed a letter of intent with a third over the past two months in North America, " said Mr. Berry. "We are taking our business model east, developing a strong Internet backbone through existing ISPs and providing the finest in privacy and protection technology available through proprietary products and strategicpartnerships."
CyPost will be represented in Japan by Jiro Miyamoto and Ibuki Tsuchiya. Miyamoto and Tsuchiya both bring extensive experience in trading and international business consulting. Mr. Miyamoto's career has encompassed both trading and engineering firms. He has represented Japanese companies in North America, Singapore and other Southeast Asian countries. Ms. Tsuchiya beganher business career with Ito-chyu, and is currently the president of BlueBell Corporation, consulting on international business.
About CyPost CyPost Corporation www.cypost.com provides broad-based privacy and protection solutions for individuals, business professionals and corporations. The company also develops complete privacy and protection management, including encryption technology, anti-virus software and content management applications, for use at entry points and gateways to the Internet. For more information please call toll-free 877-CyPost1.
Except for historical matter contained herein, the matters discussed in this press release are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect CyPost Corporation's business and prospects and cause actual results to differ materially from these forward looking statements.
SOURCE CyPost Corporation (C) 1999 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Peg McNicol, Marketing Communications Manager of CyPost Corporation, 877-297-6781, or fax, 604-904-4433, or pmcnicol@cypost.com WEB PAGE: cypost.com GEOGRAPHY: Delaware Japan INDUSTRY CODE: CPR SUBJECT CODE: OTC
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