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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ

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To: Sai P. yandamuri who wrote (995)10/5/1998 5:16:00 PM
From: justaninvestor  Read Replies (1) of 3086
 
Hello Sai - The latest figures I have for outstanding shares and float are 8.7M and 4-5M respectively. I'll tell them to update their website.

Chris McNeill's firm handles IR for Jaws (888-301-5297) - they make calls to brokers and send out packages. Robert Kubbernus, the president, is involved with setting up longer term financing and institutional calls.

The most obvious way that Jaws differentiates itself from its competitors is the combination of strength, speed and size of its encryption algorithm. Generally, the stronger the encryption, the longer it takes to encrypt a file - but Jaws at 4096 bit compares very favourably in speed even when it goes up against less strong encryption , e.g. 128 bit. And Jaws is still sufficiently "small" to be used in Smart Card applications, cell phones, etc.

Another advantage is the fact that it is a Canadian company - there are no restraints as to where they can sell their software. US companies are still hamstrung by the US encryption law which prevents them from exporting anything greater than 56 Bit.

How competent is the software? Well, for 2 months, the company offered a prize of $5M to whoever could decrypt a secret file - and nobody did it. And remember, Jaws had to convince an insurance company to put up the $5M. (The insurance company did so because of a report done by SNC Lavalin, which basically gave Jaws top marks.)

Hope that helps.

Barrie Einarson
bbruin@home.com
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