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Technology Stocks : CYPOST (POST) Data Encryption

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To: Jetta who wrote (14)5/26/1999 10:02:00 AM
From: caly   of 77
 
This release is incredibly significant. I'm in...

Friday May 21, 3:05 pm Eastern Time

Company Press Release

CyPost Partners with Industry Leaders for Federal Government Security Solution Proposal

DOVER, Del.--(BUSINESS WIRE)--May 21, 1999--CYPOST CORPORATION (OTC BB:POST - news), a leading developer of easy to use privacy and protection software, is pleased to announce the inclusion of Navaho Lock and ZipSafe in Computer Generated Solutions, Inc. proposal for a Virtual Private Network for The Defense Advanced Research Projects Agency (DARPA).

Computer Generated Solutions, Inc. has gathered industry leaders to provide a total managed security solution for DARPA. Included are: CyPost, providing Navaho Lock and ZipSafe, Digex, providing the national backbone, Security Dynamics, providing SecurID® authentication tokens, and Check Point Software, providing the firewall.

''This team demonstrates the value of partnerships.'' Said Carl Whitehead, director of strategic alliances at CyPost. ''It allows each partner to build on the others' technology and while contributing their unique strengths.''

''CyPost is pleased to be offering their technology to this total managed security solution for DARPA, '' said Mr. Whitehead. The network will allow DARPA and its workforce more flexibility and security in its network.

''The design that CGS, Inc. has come up with is flexible, secure and cost-effective. The interface is easy to use with virtually no learning curve. It represents what CyPost as a company stands for,'' said Mr. Whitehead.

About CyPost

CyPost Corporation (OTC BB:POST - news) develops and markets Internet privacy and protection systems. CyPost specializes in making state-of-the-art cryptography and encryption solutions accessible for both business and personal use.

CyPost's flagship product, Navaho Lock v2.3 www.navaholock.com, is an easy to use e-mail encryption, file compression, and storage program. Simply click on the file, drag it to the Navaho Lock window, and drop it in.

Navaho Lock permits both individual and business clients to keep their electronic information, whether stored on a personal computer, used on a network, or sent across the Internet, completely private and protected.

About DARPA

The Defense Advanced Research Projects Agency (DARPA) is the central research and development organization for the Department of Defense (DoD). It manages and directs selected basic and applied research and development projects for DoD, and pursues research and technology where risk and payoff are both very high and where success may provide dramatic advances for traditional military roles and missions and dual-use applications.

About Computer Generated Solutions, Inc.

Headquartered in New York, Computer Generated Solutions, Inc. (CGS), is a leading provider of information technology services to businesses worldwide.

CGS offers The Composite Solution(tm), an integrated suite of technology services that include: Year 2000 Solutions, Networking Services, On-Site & Remote Help Desk, Systems & Hardware Integration, Legacy Systems Outsourcing, Application Development, Call Center Management, Technical & End User Training, Document Management, Enterprise Software Solutions and Professional Staffing.

Founded in 1984 as a system integration and management consulting firm, CGS is more than 1,300 people strong in 15 locations nationwide.

About Digex

Digex is a leading provider of Web and application hosting services for some of the world's leading companies that rely on the Internet as a critical business tool. Digex also offers value-added enterprise and professional services including performance and security testing, monitoring, reporting and networking services.

Digex customers, from major corporations to emerging businesses, leverage Digex's services to deploy secure, scalable, high performance business solutions, including electronic retailing, online banking, on-line procurement and customer self-service applications. Digex, Incorporated is a wholly-owned subsidiary of Intermedia Communications (NASDAQ: ICIX - news).

About Security Dynamics

Security Dynamics is a leading provider of enterprise network and data security solutions that help companies conduct business securely, protect corporate information assets and facilitate business-to-business electronic commerce.

With more than 4 million users of its SecurID® authentication technology, Security Dynamics is the world leader in two-factor user identification and authentication.

RSA Data Security, Inc., a wholly owned subsidiary of Security Dynamics, is a leading supplier of software components that secure electronic data, with more than 400 million copies of RSA encryption and authentication technologies installed worldwide.

RSA technologies are part of existing and proposed standards for the Internet and World Wide Web, ISU, ITU-T, ANSI, IEEE, and business, financial, and electronic commerce networks around the globe. Secure Dynamics and RSA can be found on the World Wide Web at www.securitydynamics.com and www.rsa.com, respectively.

About Check Point Software Technologies

Check Point Software Technologies Ltd. (Nasdaq: CHKP - news) is the worldwide leader in secure enterprise networking solutions. The company's integrated architecture includes network security (FireWall-1, VPN-1, Provider-1 and Open Security Manager), traffic control (FloodGate-1 and ConnectControl) and IP address management (Meta IP).

Check Point solutions enable customers to implement centralized policy-based management with enterprise-wide distributed deployment. Via the OPSEC Alliance, Check Point's products seamlessly integrate with ''best-of-breed'' products from more than 200 leading industry partners.

The company has U.S. headquarters in Redwood City, Calif. and international headquarters in Ramat-Gan, Israel. For more information, please call 800/429-4391 or 650/628-2000 or visit checkpoint.com or opsec.com.

Except for historical matter contained herein, the matters discussed in this press release are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

These forward-looking statements reflect assumptions and involve risks and uncertainties which may affect CyPost Corporation's business and prospects and cause actual results to differ materially from these forward-looking statements.
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