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Gold/Mining/Energy : MYT - Mytec Technologies

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To: oss who wrote (802)1/9/1998 7:55:00 PM
From: oss  Read Replies (1) of 1535
 
As per your e-mail request. This is the news release left on Canada news wire.

Friday January 9, 3:20 pm Eastern Time

Company Press Release

Mytec Appoints European, UK Distributor

MYTEC'S TOUCHSTONE PRODUCT TO BE DISTRIBUTED BY
AEROTECH WORLD TRADE CORPORATION

TORONTO--(BUSINESS WIRE)--Jan. 9 1998-- (TSE:MYT. - news) Mytec Technologies Inc. today
announced an agreement with Aerotech World Trade Corporation of Maidenhead, England for the
distribution of Mytec's Touchstone biometric technology in the UK, Europe and the Middle East.

This distribution agreement gives Aerotech World Trade the ability to enhance its secure networking
product line. Aerotech will distribute Mytec's newly launched Touchstone devices throughout Europe
and the Middle East.

As part of Mytec's distribution strategy, this relationship will enhance and expedite the widespread
adoption of Mytec's finger-imaging technology as a log-on replacement for PINs and passwords.

''This relationship benefits both parties as Mytec now has the added value of a respected supplier in
the UK and European financial communities and Aerotech now has the capability of adding biometrics
to its product offering'' says Tom Grecco, President and CEO of Mytec Technologies Inc.

Mytec offers a high security enhancement of current security solutions that corporations need to
operate a secure network in today's environment. By expanding Mytec's relationships with first-class
distributors the Company is certain to increase the demand for Mytec's Touchstone device.

Aerotech World Trade is an independent and privately owned company operating world-wide
specializing in the provision of professional services and the delivery of advanced technology products
and integrated multi-technology systems.

''Our international presence and technical skills allow us to select and support appropriate technologies
and quality products, such as Touchstone from Mytec, to meet the needs of our customers in the
delivery of integrated multi-technology solutions'' says Charles Bass, Business Manager - Security
Products, Aerotech World Trade Corporation.

Aerotech provides a range of professional services covering the design and integration of IT security,
computer networking and multimedia communications products and systems. It has been serving the
UK, European and Middle East markets for over 50 years and maintains a number of quality approvals
awarded by National/International approving authorities and manufacturers including ISO9002, Civil
Aviation Authority, Westland Helicopters, British Aerospace and GEC.

Mytec is a public company listed on The Toronto Stock Exchange under the trading symbol MYT.
Headquartered in Toronto, Ontario with a U.S. sales office in Atlanta, Georgia, Mytec develops and
markets biometric authentication solutions and security applications such as Mytec Biometric Logon
for Windows NT software. Through its wholly owned subsidiary, Counterforce, Mytec also provides
alarm monitoring service to over 600 partner/dealers within North America who sell, install and service
security alarm systems.

Contact:

Aerotech:
44-0-1628 634555 (Tel.),
44/0-0168-781070 (FAX)
e-mail: UKHQ@aerotech.uk.com
or
Mytec Technologies Inc.
Brenda Lawless, 416/467-9738
416/467-5368 (FAX)
e-mail: blaw@mytec.com
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