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Alert: Last night your President stated that he want to be able to secure transactions on the internet. Several stocks are moving up based on this statement that provide this technology.
Here is a possible winner for your. TVCN
Another tip from your Uncle Ernie!!!!!
TVCN
0.240000
+0.052500
delayed 20 mins - disclaimer
Tuesday January 19, 8:12 am Eastern Time
Company Press Release
InterOmni Services Inc. Announces Technology to Protect Online Privacy
InterOmni Wallet will Both Protect Consumer Privacy and Allow Consumers to Benefit From Selling Some or All of Their Data
DENVER--(BUSINESS WIRE)--Jan. 19, 1999-- InterOmni Services Inc., a wholly-owned subsidiary of TV Communications Network Inc. (OTC BB: TVCN), Tuesday announced that it is developing the InterOmni Wallet(tm), a digital software profile system that allows consumers to control, own and protect their personal profile data from Web sites and marketers.
The InterOmni Wallet software will store a consumer's personal data profile including the consumer's medical and financial records, purchasing behavior and demographic data. The InterOmni Wallet will be able to track Web surfing to determine tastes and preferences for TV shows, movies, music, books, magazines, and newspapers.
In addition, the InterOmni Wallet will be able to record every interaction with an electronic device. Protected with strong encryption, the InterOmni Wallet will permit only the owner to have unrestricted access to this sensitive data.
The development of the InterOmni Wallet will coincide with increased spending for online advertising that Forrester Research forecasts will reach $15 billion by 2003, with Internet commerce sales reaching as high as $3.2 trillion in the same period. But, along with this growth in online advertising and Internet commerce comes growing concerns over online consumer privacy.
''We believe that true privacy exists when an individual has complete control over the flow of their personal data,'' said Jad Duwaik, President of InterOmni Services. ''The InterOmni Wallet will give this control back to the individual and allow them to profit from sharing some or all of their data or to benefit from the privacy created by completely closing access to advertisers.''
InterOmni Services expects to launch the free InterOmni Wallet from its Web site (www.InterOmni.com) by the fourth quarter of 1999. The InterOmni Wallet will follow and enforce the Federal Trade Commission's Fair Information Principles.
InterOmni Services and its sister company, Planet Internet Corp., are wholly owned subsidiaries of TV Communications Network (TVCN), a publicly owned company since 1987. InterOmni is located at 910 16th Street, Suite 801, Denver, Colo., 80202. InterOmni can be reached by phone at 303/892-1631, by fax at 303/892-1570 and on the Internet at interomni.com.
This news release contains forward-looking statements. These forward-looking statements are subject to risks and uncertainties. Actual results may differ materially from such forward-looking statements as a result of these risks and uncertainties. Please consult the company's SEC filings for more information about the company.
Editors Note: InterOmni Services Inc., InterOmni Wallet and IO Wallet are trademarks of InterOmni Services Inc. All other trade or brand names mentioned herein are the property of their respective owners.
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Contact:
InterOmni Services Inc., Denver
Jad Duwaik, 303/892-1631
www.InterOmni.com
jad@plinet.com
or
Pathway Communications
Theresa Smith, 818/704-8481
www.pathwaypr.com
tls@pathwaypr.com
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More Quotes and News: TV Communications Network Inc (OTC BB:TVCN - news)
Related News Categories: computers, internet, telecom
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