Attention Business Editors:
JAWS Announces Alliance Agreement with TELUS Advanced Communications
CALGARY, Feb. 1 /CNW/ - JAWS Technologies Inc. (JAWZ: OTC-BB) is pleased
to announce today that it has signed a memorandum of understanding with TELUS
Advanced Communications (TELUS), to investigate joint business development
opportunities, including the delivery of JAWS information security solutions
to TELUS' business customers across Canada.
``We are pleased to have the opportunity to work with a major North
American telecommunications company such as TELUS,' said Robert Kubbernus,
Chairman and CEO at JAWS Technologies Inc. ``This alliance demonstrates TELUS'
leadership in recognizing the needs of their customers to have the best in
information security solutions.'
``Together with JAWS, TELUS intends to customize JAWS' comprehensive
security solutions for our e-Business customers,' said Craig Richardson,
Director, e-Business Solutions at Telus Advanced Communications. ``We are
particularly excited about JAWS' Professional Services offerings, their best
of breed secure messaging products and recent innovations with Data
Vaulting.'
``This agreement with TELUS is an important part of our ISP (Information
Service Providers) strategy for JAWS comprehensive security solutions. The
ISP market is one of a selected number of business verticals which we expect
will provide significant growth opportunities for JAWS,' said Mr. Kubbernus.
The Information Service Providers' role in secure messaging is
substantiated by Jupiter Communications which states, ``In 1999, email volume
was projected at 335 million messages daily, or 1,315 messages per user per
year. By the year 2002, email volume is projected to rise to 576 million
messages per day, or 1,604 messages per user per year.' Relating to business
to business (B2B) transactions, International Data Corp. (IDC) forecasts B2B
e-commerce to increase from $80 billion in 1999 to $1.1 trillion in 2003.
About JAWS Technologies: ``Information is Power. Protect It.'
JAWS Technologies is a leader in secure information management solutions
including security software products, consulting services and secure Internet
and remote data storage services for key client groups including governments,
law enforcement, healthcare, legal and accounting, financial services, e-
commerce, internet service providers and application service providers. JAWS'
western business unit is in Calgary, Canada, its eastern business unit is
located in Toronto, Canada, and the company has offices in Fairfield, New
Jersey and Pasadena, California. JAWS has over one hundred employees, twenty
five strategic partners, approximately 100 corporate clients, over 300
authorized re-sellers and has distributed approximately 580,000 copies of JAWS
XMAIL, a secure messaging email software program. JAWS Technologies is traded
on the NASD-OTC BB, under the symbol JAWZ. For more information, visit the
company's website at www.jawstech.com or call 1-888-301-5297.
About Telus
TELUS is Canada's second largest telecommunications company and provides
a full range of advanced communication services and products connecting
Canadians with the world. TELUS shares trade on the Toronto stock exchange
under the stock symbols BTS (Common) and BTS.A (Non-Voting). For more
information about TELUS, visit www.telus.com.
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 Companies from time to time
with the Securities and Exchange Commission in the future or with provincial
securities commissions in the case of TELUS. |
