Tuesday March 9, 2:41 pm Eastern Time
Company Press Release
SOURCE: Digital Armor Inc.
Digital Armor's New CD Armor For Software Discs Passes Independent Testing
CALGARY, Alberta, March 9 /PRNewswire/ -- Digital Armor Inc. (OTC Bulletin Board: DGTL - news) is pleased to announce that it has received the results of an independent laboratory testing of its New CD Armor for the Software Market.
The test results validate the suitability of the new CD Armor for software.
The tests were conducted using both a Gateway computer as well as a DELL computer. The CDs installed in the computers were a TEAC 8X CD-ROM and a Sony 40X CD-ROM. The CD software used in the testing were Microsoft Corp. Windows NT 4.0 Workstation and Life, The Face of Life, loaded with large MPEG files. The tests as reported show gigabytes of information transferred from the CDs with zero errors.
The testing was independently conducted by The Technology House, LTD of Solon, Ohio, USA (TTH). TTH is a leader in project management, product design and development. (http://www.tth.com)
Mr. Ian Tweedie, President and CFO of Digital Armor stated, ''We are pleased with the results of these recent independent tests. With the high cost of PC software and PC games, the new CD Armor product for this CD category will be a welcome addition to homes and businesses.''
CD Armor consists of two optically clear protective shields which are attached to the CD to protect it at all times from scratches and damage. The shields have a patented interlocking clasp system and are attached to each side of the CD using the proprietary CD Armor Installer. If scratches damage the protective shield, it may be removed and replaced with a new shield.
The current CD Armor product is designed and recommended for music CDs. In 1998, an estimated 2.5 Billion Music CDs will be sold worldwide, with the United States accounting for 30 percent of the market. The Company estimates the installed base of music CDs will approach 20 Billion by the year 2000. The annual average growth rate of other CD formats such as CD-ROM, Sony PlayStation, CD-R, CD-RW and DVD is projected to experience better than 12 percent to 15 percent per annum growth for the next five years from a 1998 base of over 2 Billion.
More information is available on the Digital Armor Web site at digitalarmor.com.
This release contains ''forward looking statements'' within the meaning of Section 27A of the Securities Act and Section 21B of the Exchange Act. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, or future events of performance (often, but not always, using words or phrases such as ''expects,'' or ''does not expect,'' ''is expected,'' ''anticipates,'' or ''does not anticipate,'' ''plans,'' ''estimates,'' or ''intends,'' or stating that certain actions, events, or results ''may,'' ''could,'' ''would,'' ''might,'' or ''will'' be taken, occur or be achieved) are not statements of historical fact and may be ''forward-looking statements.'' Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. These include, but are not limited to, competition from larger firms, lack of cash flow, need for additional financing, product obsolescence, and/or lack of market acceptance. Although the Company believes that the expectations reflected in such forward looking statements are reasonable, it can give no assurance that such expectations will prove to be correct.
SOURCE: Digital Armor Inc. |