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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ -- Ignore unavailable to you. Want to Upgrade?


To: ChinuSFO who wrote (2390)6/10/1999 9:46:00 AM
From: j.oil  Respond to of 3086
 
An Article From The Financial Post.

Article on Jawz in the Financial Post today!
pg. C5 ... here is the article (basically a re-hash of yesterday's news release)

Thursday, June 10, 1999

Jaws' XMail guards e-mail
Encryption technology: Software protects
messages from illegal access

Carol Howes
Financial Post

CALGARY - Borrowing from the highly popular X-Files,
market-savvy Jaws Technology Inc. has developed a low-cost,
simplified software known as XMail that protects e-mail messages
from unauthorized access.

Robert Kubbernus, chief executive, said yesterday the company is
in discussions with a number of Internet service providers, including
BCT.Telus Communications Inc. and Virginia-based PsiNet Inc., to
offer the encryption software free with Internet access.

Jaws, which has developed the strongest encryption technology on
the market, bought the rights to use the XMail name from British
Telecom PLC for $5,000. Acquiring the XMail brand name and
being able to play on the slogan "Trust No One" were key to
releasing the product, Mr. Kubbernus said.

"British Telecom believed in our approach and understood the
importance of this initiative," Mr. Kubbernus said. "It's one thing to
have an incredibly strong or powerful product, but to also control an
international brand name helps ensure market ownership."

The company, which went public last year, has drawn wide-spread
attention for its impenetrable technology. Last year, Jaws offered
$5-million to anyone who could break the code of its software.
More than 600 hackers tried and failed.

Jaws' technology is based on an encryption algorithm that uses
4,096 keys to scramble data. The strongest currently used
commercially in the United States is 128-bit key encryption.

Its new $20 e-mail program can be downloaded from the Internet
and is compatible with most e-mail systems.

John Taylor, president of Tech Marketing Associates, a
Mountainview, Calif.-based high-tech marketing firm, said the
potential for the product is large.

Tech Marketing is negotiating with Jaws for the rights to market and
distribute XMail in the United States.

Mr. Taylor said his private firm's cryptologist was one of about 200
cryptologists who recently broke through the 128-bit key
encryption system but has failed to penetrate Jaws' technology.

"The information security market is expected to reach $4-billion by
the year 2004," said Greg Naderi, a security industry analyst with
Frost & Sullivan. "I definitely think Jaws has the right idea and
they're moving in the right direction. Jaws has been a pioneer in this
market."

Mr. Kubbernus said Jaws hopes to achieve a base of 10 million
users of the product within 18 months. The company is also
preparing to role out an e-mail "shredder" to ensure the complete
destruction of e-mails.



To: ChinuSFO who wrote (2390)6/10/1999 9:59:00 AM
From: j.oil  Respond to of 3086
 
NEWS
TELUS Advanced Communications Provides Application-Hosting Service for JAWS XMAIL
CALGARY, June 10 /CNW-PRN/ - JAWS Technologies Inc. (NASD-OTC BB: ''JAWZ''), a provider of the best in information security technologies and practices, is pleased to announce TELUS Advanced Communications as the application-hosting provider for JAWS XMAIL - JAWS Technologies' secure email messaging solution.

TELUS Advanced Communications will support the North American distribution/availability of JAWS XMAIL by providing complete hosting services for the product's certificate server. TELUS' commitment to a robust, secure, scaleable and fully-redundant service complete with 24x7 surveillance and monitoring will ensure that JAWS XMAIL customers have full time access to email security capabilities.

''Our commitment to providing the best in information security solutions is predicated on our ability to work with business partners with superior standards,'' says Robert Kubbernus, CEO, JAWS Technologies Inc. ''Our relationship with TELUS enhances our ability to deliver a stable, high quality JAWS XMAIL security product to our customers. Relationships with companies like TELUS will allow us to meet our very aggressive international objectives. The advancement of secure email is in everyone's interest considering the signficant weaknesses being discovered.

''TELUS Advanced Communications is delivering an essential backbone extension service for its impressive JAWS XMAIL security solution. JAWS XMAIL customers will benefit from higher than standard product performance given JAWS Technologies use of the most advanced network communication tools in the world,'' says Craig Richardson, Senior Manager, Internet Application Hosting Services, TELUS Advanced Communications.

According to the research firm eMarketer, approximately 3.4 trillion email messages were delivered in the United States alone in 1998. Forrester Research estimates that there were more than 66 million corporate email users in the United States in 1998, a number projected to double by the year 2000. ''Once you add the tens of millions of home-users and travelers, it has now become a mission critical security issue. It is estimated that only 2 per cent of emails use any type of security; consequently, we can quickly understand why JAWS XMAIL will be a success. The partners we have surrounded ourselves with will contribute to this success. JAWS XMAIL is a powerful, cost-effective solution that will enable anyone to secure and protect their information from prying eyes,'' says Kubbernus.

JAWS XMAIL is a powerful email encryption solution addressing the vulnerabilities of insecure email transactions. The JAWS XMAIL solution is a unique combination of strong encryption technology (4096 bit) integrated with enhanced certificate management to create secure email messaging. The official product launch of JAWS XMAIL was held June 9, 1999.

About TELUS

TELUS is Canada's second largest telecommunications company and provides a full range of advanced communications services and products connecting Canadians with the world. The company's shares are traded on the Toronto and Montreal stock exchanges under the stock symbols BTS (Common) and BTS.A (Non-Voting).

For more information about TELUS Advanced Communications, please visit their Web site at www.tac.telus.com.

About JAWS Technologies

JAWS Technologies, Inc. (NASD-OTC BB: ''JAWZ'') is dedicated to the development and integration of information security strategies for secure business practices on a global scale. JAWS Technologies offers an extensive security consulting practice that addresses explicit business requirements. The JAWS IT Security Practice, performed by a team of high caliber security experts, encompasses a robust series of IT audit routines. JAWS Technologies is at the forefront of the security industry with uncompromised security technologies. The sophistication of proprietary security technology solutions coupled with leading edge packaged data encryption software products provides JAWS clients fast, strong and easy-to-use security management tools. For more information, visit the company's web site at jawstech.com. Forward all investment inquiries to invrel(at)jawstech.com or call 1-888-301-5297.

Forward-looking statements and comments in this press release are made pursuant to safe harbor provisions of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the companies to complete the transaction and enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.

SOURCE: JAWS Technologies Inc.



To: ChinuSFO who wrote (2390)6/10/1999 6:48:00 PM
From: j.oil  Respond to of 3086
 
Was anyone at the Xmail launch?
And what did they think about it?
J.oil



To: ChinuSFO who wrote (2390)6/11/1999 12:20:00 AM
From: j.oil  Read Replies (1) | Respond to of 3086
 
Another write up
technologypost.com
j.oil



To: ChinuSFO who wrote (2390)6/14/1999 1:16:00 AM
From: j.oil  Read Replies (1) | Respond to of 3086
 
A brief update from the interview.
-Jaws up to 40 employees.
-Bought the name from British Tel because it was internationally recognized,Xmail is Jaws own creation.
-Program is Strong,fast and very simple to use.
-expect to have 10 million users within 12-18 months and could see 20 million within 2yrs.
-They will have many upgrades including Shredder which is ready to go now but won't be launched for a few months.
-Other products on the market are weak awkward and slow,JAWZ is seamless.
-Jaws are business people first and developers second so they know what the public needs.
-JAWZ will self pollinate very quickly.
-The market is right as it is in a fear sell mode right now and people will buy what ever is thrown at them.
-I liked this part Robert said they are in negotiations with UUNET and British Telecom.
The interviewer I thought really liked what he heard.
J.oil