SPECIAL JAWZ CONFERENCE CALL TODAY!!!!!!!
I have just learned that TODAY, AUGUST 3, 1998, there will be a SPECIAL TELECONFERENCE CALL with JAWS TECHNOLOGIES INC. The conference call will be held at 4:15pm EST (3:15 CST, 1:15pm PST).
If you are not familiar with the company, I am cutting and pasting their current overview onto this posting. This is an extremely impressive company that I and other JAWZ investors have great faith in. If you find this company interesting, please join all of us on the JAWZ discussion board. And please e-mail your feedback to me, at AFDAWN@AOL.com
As for the conference call, to participate from the U.S. and Canada, simply dial 1-800-860-3035 and ask to be connected with the JAWS TECHNOLOGIES teleconference call. From Europe dial 1-847-413-3749.
If you miss the conference call, the digital replay line is at 1-800-749-9947, though I strongly recommend that all of you attend live!! This digital replay of the conference call will be available 24-hours per day, until the day of the next conference call.
I urge all of you who are going to attend to E-mail me at AFDAWN@AOL.COM, and let me know if you can make it. That way, when the next conference call is announced, and when I have breaking news, I can let you know through an e-mail as soon as I find out. I want to work as a team, and share everything I find out as soon as I find out -- My knowledge of JAWZ is up to the minute! I also want to hear YOUR FEEDBACK -- Let me know your opinions of the conference call.
If you have any questions or connection problems, please feel free to call the company sponsoring the conference call, at (310) 789-1132.
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JAWS TECHNOLOGIES INC.
(JAWZ)
CURRENT OVERVIEW
JAWS TECHNOLOGIES VALIDATES ITS CLAIM OF HAVING THE WORLD'S STRONGEST ENCRYPTION - $5,000,000 US BREAK THE CODE CHALLENGE ENDS WITH MONEY IN THE BANK
CALGARY, Alberta -- July 28 -- JAWS Technologies Inc. (JAWZ) bet the bank and issued a worldwide challenge to all would-be hackers to crack the company's very strong 4096 bit encryption key. At the
official close of the contest at noon (MST) on Tuesday, July 28, 1998, a reported 569 entrants attempted to break the code and decrypt the message. At the completion of the 62 day contest, none of the challengers had successfully broken the code to relinquish this impressive reward.
The challenge was initiated by the organization to support its claim of having a statistically unbreakable encryption key. This scientifically acclaimed encryption product is the world's strongest commercially available software of its kind, powerfully driven by a 4096 bit key. The nearly 600 contest entrants, originating from over 10 countries, downloaded the encrypted file protected by the JAWS L5 Data Encryption code. Entrants employed any tools or methodologies they could in an attempt to decrypt the message. Despite these no-holds barred hacking rules, the plain text message remained scrambled. The file was created and encrypted by a representative of Ernst & Young. The message, in a sealed envelope stored in an independent safety deposit box, will be revealed 48 hours following the close of the contest. Visit the (JAWZ) web site [www.jawstech.com/pfm] at this time to review the detailed results of the challenge.
JAWS TECHNOLOGIES UNVEILS INDUSTRY'S MOST SOPHISTICATED SECURITY ENCRYPTION SOFTWARE
CALGARY, Alberta -- July 27 -- JAWS Technologies (JAWZ) announced today the world's strongest security encryption software to address the increasing frequency of unauthorized access to digital information. JAWS L5 Data Encryption is the industry's first encryption software product with 4096-bit key encryption strength. The most advanced encryption software currently on the market, JAWS L5 is described by experts as being statistically unbreakable. The JAWS L5 software application quickly encrypts files as a means to control access to confidential information stored on desktop PCs, handheld devices and networks and to ensure security of Internet transactions and remote file access. JAWS L5 is available for $49.95 on-line and directly from the company, and can be found in retail outlets and through resellers in September.
THE COMPANY
JAWS Technologies Inc. (JAWZ) is the owner of what is believed to be the world's strongest encryption software, JAWS L5 Data Encryption (4096 Bit). With its numerous programming enhancements and abilities, JAWS L5 Data Encryption is fully developed security software that is unbeatable for both personal and corporate security use. (JAWZ) announces the first, virtually-unbreakable suite of public and private-key encryption schemes known. Using a Base 13 algorithm, the routine uses the keys as a portion of the formulae to decrypt, making it mathematically impossible given a large enough key. Several world class product launches and marketing efforts are anticipated in the coming months.
THE MARKET AND CONDITIONS
Security has become the single most important issue in the current IT paradigm shift. As the rapid change from private system computing to public system computing continues, the opportunities for intruders and the need for improved security escalates. Amateur and highly paid professional hackers are out-pacing the abilities of the security solution providers. Billions of dollars of information could wind up in the wrong hands. Such security issues will become even more pronounced in the future.
The market is defined as any information system that requires data to be secured from intrusion. Encryption markets are undergoing rapid expansion. In the past, cryptography was used primarily by governments and large financial institutions for internal transactions. As a result of increased electronic fraud the need for encryption software is exploding into all aspects of computer programming including credit cards, payment cards, cellular phones and pagers. (JAWZ) states it has isolated two specific markets:
International Personal Computer Units Sold in 1997........... 79,938,000
North American Personal Computers Sold in 1997........... 31,477,000
The market for digital information security products is now in the early stages of rapid growth. This growth is a direct consequence of the growth in the Internet, public networks, smart card usage and other electronic commerce applications. Evidence from the revenue growth of these markets can be drawn from the records of public companies which provide security services.
FUTURE DEVELOPMENT
On its website, (JAWZ) states, "Work is near completion for the next level of encryption - 16,384 bit. We will remain at the forefront of our industry with continued product development.
"Negotiations have begun with a microchip manufacturer in an effort to transform our security software into a hardware product. Such a development will allow us to be both an 'OEM' manufacturer and a retail, consumer driven sales and marketing company. The first PC and laptop manufacturers to offer 'JAWS ONBOARD' or security built into their systems will gain significant market share over those competitors not offering security."
MANAGEMENT
Robert Kubbernus, CEO and Chairman, oversees the team of software and security product developers, provides executive direction and develops key contacts with governments, corporations, funders, clients, insurance underwriters and the investment community. Since 1992, Mr. Kubbernus has also been President and CEO of Bankton Financial Corporation, heading up a team of corporate financial consultants who specialize in the placement of debt instruments with institutional and private lenders. Prior to 1992, Mr. Kubbernus was the Chief Financial Officer as well as the Chief Development Officer, Bankers Capital Group. His responsibilities included the development of new products and markets as well as overseeing the financial controls of the corporation. With Bankton Financial Corporation and Bankers Capital Group, Mr. Kubbernus has raised more than $475 million in debt financing for his long-term corporate client base.
Cameron Chell, Vice-President, Finance, focuses on the development and financing of high tech corporations. He fully understands technologies and creates teams to bring them to market. Mr. Chell has enabled the formation of the strategic relationships necessary for (JAWZ) to commercialize its fully-developed software and security products. He has also taken responsibility for reviving the testing criteria of the products and working with the beta sites. His "high tech" and corporate affiliations have allowed the (JAWZ) Team to quickly open doors. Realizing that security is a significant issue in network solutions, Mr. Chell has supported numerous security initiatives within FutureLink Distribution Corp.'s network systems using (JAWZ) technology. Mr. Chell is currently CEO and Chairman of FutureLink. In this role, his primary responsibilties have been to assemble a leading edge professional technology and business team and act as the primary financer of the corporation.
Mitch Tarr, Vice-President of Marketing and Sales, worked for IBM Corporation from 1981 to 1986, where he specialized in direct sales to business in all industries across Alberta and Saskatchewan. From 1986 to 1988, in the employ of Applied Data Research (ADR), a subsidiary of Ameritech Inc., he broadened his sales experience to selling relational data bases and programming tools to Information Systems (IS) managers across Western Canada, including Manitoba and BC. In the past decade, Mr. Tarr has specialized in sales consulting and direct sales in the high tech industry with a number of firms, including his own. From 1986 to 1989 he sold financial software for mainframe computers with Management Science America; 1989 to 1994, his own sales consultancy and 1994 to 1996, with Petroleum Information Canada. His most recent experience with Calgary-based AccuMap EnerData Corp and QC Data has prepared him to take the on the most exciting challenge of his 20 year career. He is building top-level sales and distribution channels for (JAWZ) to deliver its product to market.
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