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Technology Stocks : CKYS - CyberKey Solutions, Inc.

CKYS 0.000001000

-90.0%

Jun 3 11:26 AM EST

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From: jmhollen	8/30/2005 2:31:12 AM
	of 63

CYKC: To Revolutionize Textbook Industry w/ New Giga-Books USB Division [delayed] Ridgeland, MS, AUG 08, 2005 (EventX/Knobias.com via COMTEX) -- CyberKey(r) Corporation (CYKC) announced its plan to revolutionize the multi-million dollar text book industry with its second industry-specific marketing division. The division will focus on the electronic delivery of text, commonly referred to as e-books, and software via a CyberKey storage device. The new division will be known as the Giga-Books(tm) "USB" Division. The company's initial industry specific division, MedKey(tm), targets the medical industry. The Giga-Books(tm) "USB" division has initiated discussions with several publishers interested in distributing their books via CyberKey's secure USB flash memory device. Textbooks and reference books are particularly well suited for distribution in an electronic form. The formation of a dedicated division is expected to provide for a focused marketing effort and rapid response to possible vendor relationships. Jim Plant, CEO, CyberKey says "The beauty in using an e-book format for distributing college textbooks concerns costs, stocking requirements, updates, and the reader's ability to cut and paste when creating reports and presentations. The electronic delivery of textbooks should provide a retail cost saving of $20 to $40 on a $100 book. A bookstore can reduce its stocking requirements, as e-book supply is effectively unlimited. Publishers can provide updates to existing texts for authorized e-book owners and the ability to cut and paste directly from a digital document provides for easier and more accurate research papers." .

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