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Technology Stocks : CHAT Chatcom -- Ignore unavailable to you. Want to Upgrade?


To: Investor Clouseau who wrote (172)7/13/1999 11:06:00 AM
From: SSP  Respond to of 177
 
CHAT is where it's AT ;-)



To: Investor Clouseau who wrote (172)7/21/1999 10:02:00 AM
From: Investor Clouseau  Read Replies (2) | Respond to of 177
 
CHATSWORTH, Calif.--(BUSINESS WIRE)--July 21, 1999--ChatCom, Inc.
(Nasdaq Bulletin Board:CHAT) announced today that they are on the
verge of signing a license agreement with the developer of a signature
verification and authorization system that is virtually foolproof.
The system has never been beaten under all tests and Beta site
trials. ChatCom will include the new security system with its complete
line of servers with deliveries commencing in 60 to 90-days. Markets
would include any requiring a high degree of security such as
government agencies, banks, credit card issuers and the internet. The
addition of this unique capability further enhances the already
powerful and flexible ChatCom server line.
The new security system will allow users to protect selected
files and information from all others on the system be it internet or
intranet. It will also verify credit card users and protect banks from
accepting invalid checks. CEO Roche admits that IBM is the recognized
leader in the server marketplace but even IBM doesn't have this
technology. As one of ChatCom's board members might say "Houston we
have a launch."
"This is a major step forward for any server company and we are
very fortunate to have this technology. I can only foresee
substantially improved performance by the company," said new CEO
Roche.
Statements contained in this letter which are not historical
facts are forward looking statements under the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. Although the
Company believes the expectations reflected in such forward looking
statements are based upon reasonable assumptions, it can give not
assurances that its expectations will be attained. Forward looking
statements involve known and unknown risks that could cause the
Company's actual results to differ materially from expected results,
including the need to raise additional capital and those risks
described in the Company's various filings with the SEC, including
Form 8K filed April 1999.

--30--jar/sf*

CONTACT: James P. Roche, 818/998-5298

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
TELECOMMUNICATIONS

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