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Gold/Mining/Energy : NET NANNY SOFTWARE NNS-V

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To: tom pavlish who wrote (1508)12/19/1998 6:30:00 PM
From: philip trigiani  Read Replies (1) of 1681
 
Press Release

For Release On
December 18, 1998

For more information, contact:
Nika Herford
Vice-President, Public Relations
Net Nanny Software Inc.
Telephone: (425) 688-3008
Cell Phone: (206) 601-3616
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

Net Nanny's Award-winning PC and Internet Filtering Software
Now Being Distributed by GTE to new Subscribers of its GTE.net Service

Bundling arrangement gives consumers efficient way to try out and then
purchase
child protection software

BELLEVUE, WA. December 18, 1998 -- Net Nanny Software International Inc.
(NNS.V, NNSWF), announced today that GTE Internetworking will distribute a
fully-functional 30-day evaluation copy of Net Nanny® v3.1 software to all
new GTE.net subscribers through their Internet access CD's. Customers can
also purchase this software online through GTE.net's home page at
<http://www.gte.net/hotlinks/safety/nanny.html>
gte.net.

Net Nanny® is filtering software that works on as well as off the Internet.
The program supplies lists of "good" and "bad" online addresses and also
allows users to develop their own personalized screening lists containing
site addresses, words, phrases and subjects. By filtering out content which
is objectionable, users may help prevent children from exposure to material
that is meant for mature adults, and provide a safer environment with
content that is more appropriate for children to view.

"GTE is a leader among a growing number of ISPs and other concerned parties
who understand the importance of getting software such as ours directly into
the hands of their customers," said Gordon Ross, President and CEO of Net
Nanny. "Child advocates, law enforcement, Congress, state legislatures and
ISPs all agree that filtering software can be an important tool for parents
to have at their fingertips as their children go online. GTE's large and
growing subscriber base now has an easy and risk-free way to benefit from
the control and flexibility that Net Nanny provides."

GTE will derive a percentage of the sales revenue from each purchase
generated through this direct sales URL program. The distribution deal,
which is expected to generate healthy sales and increased visibility for Net
Nanny, is a renewable, one year agreement and marks an important step in
giving parents easy access to flexible and powerful tools for protecting
their children from receiving inappropriate content on the Internet.

"GTE considers child safety and freedom of choice very serious matters -
that's why we chose to bundle Net Nanny software on GTE.net's Internet
access CDs," said David Schnitzer, marketing manager for GTE
Internetworking. "Net Nanny provides our subscribers with control over
their Internet experience and allows them to choose which information can be
sent or received from their own computers. Providing Net Nanny is another
way that GTE sets itself apart from other ISPs who do not offer filtering
alternatives or offer a 'one-size-fits-all' solution."

Net Nanny® can be easily downloaded to your computer for only $26.95 per
copy. The program provides the following benefits:

* Blocks or screens objectionable adult material on the Internet.
* Prevents your Address, Phone and Credit Card numbers from being
given out on the Internet.
* Provides members with free "can go" and "can't go" site lists to
download into their Net Nanny® databases. The lists are updated frequently.
* Prevents downloading of files.
* Masks inappropriate words, phrases or language in email, chat and
instant messaging programs.

Legislative Update

In October 1998, the U.S. Congress passed two measures (Child Online
Protection Act (CDA II) - Commerce, State, Justice Appropriations Bill - and
Title 11, Sections 1100-1104 of the Omnibus Budget Appropriations Bill -
"Moratorium on Certain Taxes") with language requiring Internet Access
Providers to offer their subscribers free or fee-based filtering software,
and/or information about such software.

About GTE Internetworking

GTE Internetworking, a unit of GTE Corporation (NYSE:GTE) offers customers,
from consumers to Fortune 500 companies, a full spectrum of integrated
Internet services using IP networking technologies. GTE Internetworking
delivers complete network solutions, including dial-up and dedicated
Internet access, high-performance Web hosting, managed Internet security,
network management, systems integration, and Web-based application
development for integrating the Internet into business operations. GTE.net,
the dial-up Internet access provider for GTE Internetworking, was launched
in the summer of 1996. GTE.net currently has over 600 nationwide local
points of presence and services over 700,000 dial-up accounts. GTE
Internetworking draws upon its expertise in funded research and development
of advanced technologies, including satellites, digital radio, multigigabit
routers, security, and speech, and GTE's strong existing telecommunications
services, including local and long distance, wireless, paging, video, and
Internet. GTE is one the world's largest telecommunications companies and a
leading provider of integrated voice, video and data services. More
information about GTE Internetworking and GTE Corp. can be found on the
Internet at gte.com.

About 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.
Currently, over 400 online partners concerned with the safety of children
and digital data bundle and/or distribute our software. The software is also
available in retail stores and directly from the Net Nanny Web site. The
Company also holds an exclusive patent on keystroke dynamics, a biometrics
security and access control technology, that can identify individuals by the
way that they type. For more information, visit the Net Nanny Web site at
www.netnanny.com <http://www.netnanny.com> or call 604-662-8522.

On behalf of the Board of Directors

Net Nanny Software International Inc.

Gordon A. Ross
President and CEO

Note to Readers
¹ 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.

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