Hi R. Lui - You have asked a lot of questions - I'll attempt to answer some of them.
1) What kind of certifications does JAWZ have in order to beat their competitors, a proof to the public about its product quality?
If the question is "Has someone like Bruce Schneier evaluated the product?", then the answer is no. That doesn't rule out the possibility that he or someone else will do an evaluation in the future. I've said this before on this thread - Bruce Schneier wants $50,000 for an evaluation plus he has a potential conflict of interest with his Blowfish/Twofish encryption software. Jaws has been tested by SNC Lavalin. I also should point out that this has not been a stumbling block for Jaws; i.e. no company has said "Come back when you have had it evaluated by __________". I'm not saying that will never happen, just that it's been a non-issue to date.
2) In general, does 4096 bit technology be an advantage for JAWZ on
getting the contracts with the big financial firms, government,
military?
This is just my opinion, but I would have to assume that any company would want the strongest encryption available.
3) Does JAWZ has a flexibility to suit the customer's different needs?
Yes, Jaws' programmers work to tailor L5 to the customer's needs.
4) What is their marketing strategy to get more contracts & expand
the market? Any specific market that they are looking at?
As a startup company, they ran a contest to get their name out there, along with a media tour. That brought in a lot of leads, which they are currently working on. Also, the 2 board members, Julia Johnson and Art Wong, have introduced Jaws to many opportunities. They will be participating in various trade shows, the last one was the High-Tech Expo in NY 2 weeks ago.
Jaws is looking at many markets, but I know one that they think has a lot of potential is the hospital market.
5) the estimate eps?
I think that it's way to early to be looking at projected EPS - remember, it's a startup. As an example, Certicom (CIC) still hasn't reported any earnings and its IPO was in December/95 and it was a private company several years before that.
6) Any financial group interested on its technology?
I'm not exactly sure what you mean by that. I do know that one of the Big 6 CA firms is very interested in doing something with Jaws - we should hear about that soon.
7) Any specific company interested on working with them for product promotion & development?
Yes, but I'm not at liberty to give any specifics right now.
8) Beside 4096 bit, any other technology that they have can give them an edge in the industry?
Jaws claims that its software is not only very strong, but it's fast and small, which is an excellent combination. The fact that Jaws is a Canadian company enables them to sell its encryption anywhere in the world - they are not hamstrung by US encryption laws. At this stage, this is the only product that Jaws has.
Hope that helps.
Barrie Einarson
Investor Relations
bbruin@home.com
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