Mytec has within the past week updated its web site at:
mytec.com
The following is an abstract from its Update page, which although it does not say anything different from what is currently known may be a good place to obtain current information in the future. This depends on the frequency of updates.
Update On Mytec
January 15, 1998
Mytec Technologies Inc. understands the importance of keeping our
investors on top of current issues. One of the ways for us to demonstrate
our commitment is to update and inform you of our progress and coming
events. We hope that you will benefit from this Update, which will be
distributed on a regular basis beginning with this issue.
TOUCHSTONET - The first shipment
Shortly after Mytec launched the TouchstoneT product on December 1,
1997, TRW, an aerospace and electronics company in Ohio, received its
first shipment three weeks later, on December 23. TRW will be
implementing Touchstone for use in secure network access and password
management. Mytec looks forward to its ongoing relationship with TRW in
1998.
DISTRIBUTION AGREEMENT IN THE UK
On January 9, 1998, we announced an agreement with Aerotech World
Trade Corporation of Maidenhead, England, for the distribution of
TouchstoneT throughout Europe and the Middle East. Aerotech is a
highly approved company that has been serving the British, European, and
Middle East markets for more than 50 years. By expanding Mytec's
relationships with first-class distributors, the company is certain to increase
the demand for Mytec's TouchstoneT device.
BIOMETRIC ENCRYPTIONT - The scientific details
On January 15, 1998 at the RSA Conference in San Francisco, Mytec
presented, for the first time, the scientific details of its patented Biometric
EncryptionT algorithm - a highly advanced encryption key management
process.
Dr. Colin Soutar, Mytec's Director of Research and Development,
presented technical details of the Biometric EncryptionT algorithm, and
discussed the importance of encryption key management. Dr. Soutar also
demonstrated how Biometric EncryptionT can be used with any existing
encryption key algorithm (including RSA) for a higher level of data
security. Dr. Soutar has a Ph.D. degree in physics from the University of
Abertay Dundee in the UK and has previously worked for NASA's
Johnson Space Center.
MYTEC TO BEEF UP MARKETING AND SALES
Mytec, in the process of hiring a new Director of Marketing, will also be
hiring an additional salesperson in the following months. This will allow us
better coverage of our sales divisions - Direct Sales Canada, Direct Sales
US and Channel Sales Canada.
WE'RE MOVING
Effective January 16, 1998, Mytec and Counterforce will be moving to a
new office located at Leslie and Sheppard. The timing of this move
couldn't be better, as the five-year lease at our current location has ended.
The new office will provide a better use of space, an improved phone
system, and upgrades to the Counterforce station, all of which will improve
overall operational costs. Look for our Mytec sign as you drive along the
401 near Leslie!
MYTEC HAS A NEW WEB SITE
Starting in February, you will be able to access our new and improved web
site at www.mytec.com. Mytec has developed the new site to include
graphic enhancements, up-to-date information, a monthly President's letter,
and new hotlinks.
STAY IN TOUCH
Your comments on this newsletter and its contents would be most
welcome. Please send them via e-mail cbis@mytec.com or fax
416-467-5368 c/o Christina Bissonette. |
