Hey Boss Fan, regarding your stock CHAT, I found this news. Interesting. I may dabble a little.
ChatCom Feels the Time has Come for ''Signature Verification''; Is ''ChatLok'' the Answer?
CHATSWORTH, Calif.--(BUSINESS WIRE)--Sept. 1, 1999--ChatCom Inc. (OTC BB:CHAT) has been preparing to announce its new "Signature Verification System" called "ChatLok"; however, due to a recent glitch in Microsoft's Internet software, ChatCom felt it was time to make its new system known to the public.
CEO James P. Roche believes that this current mishap can be avoided if everyone's computer is protected by a true password usable only by the holder: their signature. Hotmail subscribers would not have had to worry if their system was protected by ChatLok. Although ChatCom had originally intended to couple its new security system with its servers it is apparent that there is now more than ever a need for a foolproof security system for Internet users. ChatLok has been extensively tested and never failed under test conditions. Maybe it's time the ISP's look a little closer at the potential problem for its users. Does ChatLok provide the answer everyone has been looking for? Remember, the Internet is the gateway to your privacy.
ChatCom is in the process of finalizing a licensing agreement with the Licensor and is preparing to launch the new product within the next 30 days. It is expected deliveries will start in about 60 to 90 days. It is simple, inexpensive and works every time. First came the chip, then the computer, software, the Internet, AOL and now the final item we all have been waiting for and just before entering the 21st century, "Security on the Internet". ChatCom's Key to the Internet is ChatLok.
Statements contained in this news release 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 no 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:
ChatCom, Chatsworth
James P. Roche
626/821-4040
KEYWORD: CALIFORNIA
BW0065 SEP 01,1999
5:17 PACIFIC
8:17 EASTERN
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