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JAWS Announces Beta Release of JAWS L5 E-mail Encryption Software for
Microsoft(R) Outlook(TM) 98 Users
CALGARY, Alberta, Canada, Dec. 1 /CNW/ - JAWS Technologies Inc. (NASD-OTC
BB: ''JAWZ'') is rapidly expanding its family of security products with the
beta release of JAWS L5 E-mail Encryption for Microsoft(R) Outlook(TM) Users.
This software is currently available for beta testing to select accounts who
desire to implement easy to use, fast, secure e-mail solutions.
''We have found that our corporate clients have security issues to solve
right now,'' said Robert Kubbernus, CEO of JAWS Technologies Inc ''Hundreds of
millions of e-mails are sent every day that are vulnerable to misuse because
they are sent unencrypted. Our L5 E-mail Encryption solution means that
companies today can protect their e-mail contents and attachments with one
button encrypt/decrypt. This is the first product of its kind in a market
that is demanding security today. Our Outlook 98 e-mail encryption product
coupled with other strategic product announcements to follow, will clearly
place JAWS as one of the leaders in this markets.''
In a recent product review, Outlook 98 beat out the competition,
including Netscape Messenger and Qualcomm Eudora, with PC MAGAZINE(R)
declaring that Outlook 98 ''is setting a new standard for Internet e-mail''
and CNET(TM) stating that it ''tops the Internet e-mail class.'' JAWS estimate
that over 4.9 Million users have actively obtained Microsoft Outlook 98 since
its release. The uptake is expected to accelerate even further as
organizations begin integrating Microsoft Exchange Server. JAWS target is to
reach 3% of these users through direct, channel, and on-line store sales in
1999. If successful this translates into revenues of $2.19M at a retail price
of $14.95.
About JAWS Technologies
JAWS Technologies, Inc. (NASD-OTC BB: ''JAWZ'') JAWS Technologies Inc. is
dedicated to the development and integration of information risk management
strategies for secure business practices on a global scale. JAWS Technologies
is at the forefront of the cryptography industry with leading edge security
technologies that provide JAWS clients fast, strong and easy-to-use risk
management tools. JAWS Technologies offer an extensive security consulting
practice, driven by a team of high caliber security professionals, that
addresses explicit business requirements. For more Information, visit the
company's web site at www.jawstech.com.
Outlook and Exchange Server are registered trademarks of Microsoft
Corporation. Eudora is a registered trademark of Qualcomm Incorporated. All
other trademarks are the property of their respective owners.
Forward-looking statements and comments in this press release are made
pursuant to safe harbor provisions of the Securities Exchange Act of 1934.
Such statements relating to, among other things, the prospects for the
companies to complete the transaction and enhance operating results, are
necessary subject to risks and uncertainties some of which are significant in
scope and nature. These risks may be further discussed in periodic reports
and registration statements to be filed by the Company from time to time with
the Securities and Exchange Commission in the future.
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For further information: Mitch Tarr, Vice President Marketing &
Alliances, Phone: 1 (888) 301-5297, E-mail: mitch@jawstech.com
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