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Microcap & Penny Stocks : Advanced Encryption Technology (AETI) Goes Public w/a Bang

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To: R.Lui who wrote (399)11/5/1998 11:15:00 AM
From: Moosie   of 518
 
Hi R.Lui,
Just a couple things to add from the call. These are not quotes, only my own recall and some short notes taken during the call. I did call the conference call center asking if a replay was available, there isn't but the Columbia Financial Group did have a recording made so they might replay it for you. I didn't time it but I think it lasted about half an hour.

>Ken Andruski, President of AETI Canada discussed his background in the field, both military and private industry

>AETI has 11 people working in Canada on Research and Development.

>In Ken's opinion the biggest difference between his product and all of his competitors, is it's very user friendly, it's transparent meaning it's working in the background with nothing in view, all of the others interrupt the work in progress to ask the user to make selections and generally get in the way.

>interest from China,Siact(NYSE), Netherlands Military, 5th largest bank in U.S.

> Ken discussed that the Royal Bank connection could have a major impact on the sales of the unit. He felt that if one major bank comes on board, it could lead to the other major banks buying the product as well, not just Canadian banks either, major U.S. banks as well

And for anyone who's interested here's a pretty good page about FIPS-140-1
csrc.nist.gov

moosie
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