JAWS Technologies to begin trading on NASDAQ National Market
TORONTO, Apr 18, 2000 /CNW-PRN via COMTEX/ -- JAWS Technologies Inc. (JAWZ:
NASDAQ), a leading provider of end-to-end information security solutions,
announces that it has received approval to be listed on the NASDAQ National
Market under the symbol ``JAWZ'. JAWS' common stock will begin trading on the
NASDAQ at the opening of markets on Wednesday, April 19, 2000.
``This is an exciting event in the history of JAWS. Our move to the NASDAQ
National Market was an important corporate goal for our company and the next
logical step in the development of our business plan. Being added to NASDAQ
validates the market's acceptance of JAWS' business model and is a credit to the
hard work of our dedicated employees,' said Robert Kubbernus, Chairman and CEO,
JAWS Technologies Inc.
Riaz Mamdani, Chief Financial Officer, JAWS Technologies Inc. states, ``I
believe our NASDAQ listing will benefit our many loyal shareholders with
increased liquidity and the company with increased credibility and access to
international capital markets. The exposure that a NASDAQ listing provides will
also allow greater numbers of institutional and retail shareholders to be part
of JAWS exciting future.'
Kubbernus added, ``JAWS future growth will be accelerated through trading on the
NASDAQ. As we continue to aggressively develop into a major player in the
international Information Security market, our listing provides us with enhanced
opportunities to acquire and integrate companies of increasing size and
geographic coverage.'
About JAWS Technologies: ``Information is Power. Protect It.'
JAWS Technologies is a leader in secure information management solutions which
includes security software products, consulting services, managed security
services and secure Internet 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' international headquarters are in Toronto, Canada, and
its western business unit is located in Calgary, Canada. JAWS also has regional
and sales offices in Edmonton, Boston, Fairfield, Chicago and Pasadena. JAWS has
over one hundred forty employees, twenty-five strategic partners, approximately
100 corporate clients. For more information, visit the company's website at
www.jawstech.com or call 1-888-301-5297.
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 company 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 Company from time to time with the Securities and
Exchange Commission in the future.
SOURCE JAWS Technologies Inc.
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