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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: scouser who wrote (4503)7/21/1999 9:58:00 AM
From: SSP  Read Replies (1) of 150070
 
CHAT !!! NEWS

ChatCom, Inc. Ready To Sign Agreement On New Security System
CHATSWORTH, Calif.--(BUSINESS WIRE)--July 21, 1999--ChatCom, Inc. (Nasdaq Bulletin Board:CHAT - news) announced today that they are on the verge of signing a license agreement with the developer of a signature verification and authorization system that is virtually foolproof.

The system has never been beaten under all tests and Beta site trials. ChatCom will include the new security system with its complete line of servers with deliveries commencing in 60 to 90-days. Markets would include any requiring a high degree of security such as government agencies, banks, credit card issuers and the internet. The addition of this unique capability further enhances the already powerful and flexible ChatCom server line.

The new security system will allow users to protect selected files and information from all others on the system be it internet or intranet. It will also verify credit card users and protect banks from accepting invalid checks. CEO Roche admits that IBM is the recognized leader in the server marketplace but even IBM doesn't have this technology. As one of ChatCom's board members might say ''Houston we have a launch.''

''This is a major step forward for any server company and we are very fortunate to have this technology. I can only foresee substantially improved performance by the company,'' said new CEO Roche.

Statements contained in this letter which are not historical facts are forward looking statements under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Although the Company believes the expectations reflected in such forward looking statements are based upon reasonable assumptions, it can give not assurances that its expectations will be attained. Forward looking statements involve known and unknown risks that could cause the Company's actual results to differ materially from expected results, including the need to raise additional capital and those risks described in the Company's various filings with the SEC, including Form 8K filed April 1999.

--------------------------------------------------------------------------------
Contact:

James P. Roche, 818/998-5298
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