Press Release
For Release On
December 15, 1998
For more information, contact:
Nika Herford
Vice-President, Public Relations
Net Nanny Software Inc.
Telephone: (425) 688-3008
Email: <mailto:NikaH@netnanny.com> PR@netnanny.com
Brad McLean
Investor Relations
Net Nanny Software International Inc.
Telephone: (604) 662-8522
Email: <mailto:IR@netnanny.com> IR@netnanny.com
NASD Approves Trading of Net Nanny Software on the OTC Bulletin Board
Bellevue, Washington, December 15, 1998 - Net Nanny Software International
Inc. (NNS-V, NNSWF) is pleased to announce that the common shares of the
Company have now been approved for trading on the OTC Bulletin Board. The
lead market maker is Knight Securities, Inc., of Jersey City, New Jersey.
Additionally, the Company is pleased to announce the appointment of Mr. Art
Beroff, of New York, as the Company's Merchant and Investment Banking
Advisor in the United States. Mr. Beroff has been involved in a wide array
of community, civic and political organizations.
Mr. Beroff holds a B.A. in Economics from Brooklyn College and an M.B.A. in
Finance from St John's University. He specializes in mergers and
acquisitions and the improvement of existing businesses through innovative
management techniques. Mr. Beroff is the co-author of Raising Money, a
column published monthly in Entrepreneur Magazine and serves on The National
Advisory Council of the U.S. Small Business Administration. Additionally,
Mr. Beroff is a trustee for the Securities Industry Association/ New York
District Economic Education Foundation. He was also elected to Community
School Board #27 in 1996 which serves a student population of 34,000 and
covers a vast geographical area in South and Central Queens.
NET NANNY SOFTWARE INTERNATIONAL INC.
In January 1995, Net Nanny Software International Inc. introduced the first
filtering software product of its kind. Today, Net Nanny* and NNPro* for
networks continue to be the preferred choice for parents, schools, and
businesses that want flexible, editable software tools and free databases
for protecting their families, their organizations and their digital data.
The products control more than just the Internet - they are the only tools
that work at the operating system level, monitoring, auditing, and/or
blocking material in every Windows application, online or offline, in real
time. This unique approach allows the products to also patrol the most
potentially dangerous online environments - email, chat rooms and one-on-one
instant messaging programs - in which children tend to be at the most risk.
The Company also holds an exclusive patent on keystroke dynamics, a
biometrics security and access control technology. Totally software-based,
BioPassword* uses a patented process, owned exclusively by Net Nanny
Software International Inc., which utilizes keystroke dynamic technology
developed by top engineers at Stanford Research Institute. It uses
biometric (body characteristic) measurements and a proprietary algorithm to
record an individual's unique typing rhythm. The technology can be used
with any keypad, from computer keyboards to ATM machines to telephones.
Net Nanny is on the advisory committee of the U.S. Congressional Internet
Caucus and a member of the Association for Interactive Media, a trade
association that lobbies Congress on behalf of the Internet industry.
For additional information, visit Net Nanny's Web site: <www.netnanny.com>
www.netnanny.com, BioPassword's: <http://www.biopassword.com>
www.biopassword.com or call the Company directly at (425) 688-3008, or (604)
662-8522.
On behalf of the Board of Directors
Net Nanny Software International Inc.
Gordon A. Ross
President and CEO
Note to Readers
Certain statements identified as "forward looking statements" in this Press
Release are not based on historical facts, but are instead based upon a
number of assumptions concerning future conditions that may ultimately prove
to be inaccurate. Actual events and results may materially differ from
anticipated results described in such statements. The Company's ability to
achieve such results is subject to certain risks and uncertainties,
including but not limited to, adverse business conditions in the industries
served by the Company and the general economy, competition, new laws and
regulations impacting the products that the Company provides, and other risk
factors affecting the Company's business beyond the Company's control.
The Vancouver Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or the accuracy of this Press Release.
|
