Friday May 15, 1:13 pm Eastern Time
Company Press Release
Advanced Encryption Technologies, Inc. Signs Multi-Licensee Agreement With Canadian Based Solar Technologies, Inc.
LONGBEACH, Calif.--(BUSINESS WIRE)--May 15, 1998--Steve Fox, President, Advanced Encryption Technology of America, Inc. (OTC - Bulletin Board: AETI) announced today the signing of a Multi - Licensee agreement with Solar Technologies, Inc. of Sudbury, Ontario, Canada.
''I am pleased to announce that AETI will partner with Solar Technologies to secure all of their corporate confidential information by utilizing the Access Denied suite of products. Our NT based product provided the level of confidence necessary to solidify this agreement, and I look forward to a long and mutually beneficial relationship.'' Says Steve Fox, President of AETI.
''Solar Technologies, Inc. is a software company specializing in the promotion and manufacturing of photo realistic 3D authoring and rendering software for the PC/Desktop engineering and architectural markets. We as a company have been evaluating Access Denied Disk Encryption Software for three weeks. The software has been used to protect our development source code, and our financial and sales registry data. The software integrated seamlessly into our existing NT
environment and security procedures and has provided our company the highest standard of network security only available to the largest corporations. Being a medium sized firm, high level network security was necessary but not cost effective, and AETI presented to us a solution that fit our application and was cost effective. We are placing an order for the Access Denied product suite and we anxiously anticipate the Win95 product to facilitate our entire corporate needs. In short, using Access Denied has allowed me to sleep much better at night knowing that the data security issue is no longer an issue.'' Adds Jess Gilmore Director of Software Development, Solar Technologies, Inc.
Advanced Encryption Technology of America, Inc. is a developer, manufacturer, licenser/licensee and supplier of cryptographic software and hardware solutions to militaries, governments, and fortune 500 customers. The company's Access Denied suite of products capitalizes on leading-edge smartcard and software technology which presents customers with cost-effective, general purpose security tokens, plug-in cryptographic subsystems (APIs and libraries) and off-the-shelf cryptographic controls for user identification, network access for authentication, digital signatures for integrity, and date encryption for confidentiality. Advanced Encryption Technology holdings has sales offices in Mississauga, Ontario: Ottawa, Ontario; Long Beach, California; and Amsterdam, Holland.
Contact: Steve Fox, President, Advanced Encryption Technology. 800-292-2384, or Brokers and Analysts: Columbia Financial Group,Inc. 888-301-6271.
(AETI) |
