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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ
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To: Senator949 who wrote (3001)10/31/2000 5:13:12 PM
From: Shaw   of 3086
 
And late today: (sorry if the formatting sucks).

We didnt get any numbers in the PR but I guess now we have some.

By Andy Georgiades
> Of DOW JONES NEWSWIRES
>
> TORONTO (Dow Jones)--Jawz Inc. (JAWZ) sees revenue generation of about
> $20
> million next year from its alliance with Verizon Communications (VZ), a
> Jawz
> spokesman said.
> "It shows we have the right products and the right services mix to be
> able
> to attract pretty significant clients," said Ed Baer, vice-president of
> investor relations for Jawz.
>
> On Nasdaq Tuesday, Jawz shares are up 5/8, or 53%, to 1 13/16 on about
> 3.2
> million shares.
> Earlier Tuesday, Verizon said it selected Jawz, a secure information
> management services company, to provide information security services for
> Verizon's large-business customers.
> Last week, Toronto-based Jawz received a $10.6 million contract from
> CU-Connection Ltd., Baer added.
> Baer said the company anticipates total revenues of about $12 million
> for
> 2000 and between $40 million and $60 million next year.
> "Verizon obviously represents significant business for the company," he
> said. "And I think in the months and days to come, you're probably going
> to
> see that this strategy is going to develop and other people are going to
> join
> in having Jawz serve their needs."
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