JCGear.Com, Inc. Completes Acquisition Of Iceptur And
All Derivative Technology
PR Newswire - August 02, 1999 10:57
LIGHTHOUSE POINT, Fla., Aug. 2 /PRNewswire/ -- JCGear.Com, Inc. (OTC Bulletin Board:
JCGR), after considerable time and due diligence, is proud to announce the acquisition of Iceptur, a
division of Innoval System Solutions, Inc.
JCGear.Com, Inc. has acquired all rights to Iceptur products and derivative technology. In addition to
the acquisition of Iceptur, JCGear.Com, Inc. also acquired Iceptur Senior Programmers and Senior
Executive with 25- plus years of experience in the industry, including many years with IBM.
Iceptur technology sits between any internet tool and the internet itself. It patrols the internet. The
software has sophisticated rules that monitor the content and determines if content is appropriate. In
addition, this technology allows the monitoring of e-mail and chatrooms. Two years in development,
Iceptur is the most advanced filter on the market today. SafeTweb will utilize Iceptur's engine and
databases and the combination of the two represents unmatched technology available today. Iceptur's
actual software value is projected at $28 million gross revenue (3-year value on the shelf). The actual
value of Iceptur will increase with the integration of SafeTweb.com.
I will post my own thoughts tomorrow its 2:40 am and that pillow looks good right about now :) |
