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Gold/Mining/Energy : MYT - Mytec Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Robert Bachynski who wrote (1363)1/21/2000 8:40:00 PM
From: Ian A.  Read Replies (2) | Respond to of 1535
 
I've read about Anna on this thread, but do not know of her relationship with Mytec, or is it an inside joke.

Will the run up continue on Monday. Mytec's NR just out:

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NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

FOR: MYTEC TECHNOLOGIES INC.

TSE SYMBOL: MYT

JANUARY 21, 2000

Mytec comments on stock activity and appoints new
Executive Vice President

TORONTO, ONTARIO--Mytec Technologies Inc. (MYT:TSE) at the request
of the TSE reports that there are no material corporate
developments that the company is aware of to account for the
recent stock activity. Recent media attention in the computer
encryption industry may have attracted attention to Mytec's
patented Biometric Encryption process, along with their unique
Bioscrypt-related products. Mytec develops, distributes and plans
to license its technology to Original Equipment Manufacturers.

In addition, Mytec announced today the appointment of Frank K.C.
Chen as an Executive Vice President - Corporate and Business
Development, effective immediately. Mr. Chen's background as a
consultant includes over 25 years as a financial consultant,
investment management and banking experience. Mr. Chen shall be
responsible for all Investor and Public relations and Investment
Banking activities in the Asian financial arenas. Mr. Chen will
also provide assistance in the development of the Asian and Global
markets for Mytec's products and patented technologies.

Mytec is a leading provider of fingerprint-based biometric
solutions to organizations requiring a high level of security for
network and physical access. Mytec provides strong authentication
through the use of a unique, robust finger pattern recognition
algorithm, operating in a trusted device. Mytec's products are
designed to enable secure transmission of information across the
Internet and to eliminate fraud associated with unauthorized use
of health, credit and financial services cards.

Mytec Technologies Inc., the Mytec logo, Mytec, Bioscrypt and
Touchstone are trademarks or registered trademarks of Mytec
Technologies Inc. All other trademarks or registered trademarks
are the property of their respective companies.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Mytec Technologies Inc.
Shamit Khosla
Chief Financial Officer
416-467-3309
or
Mytec Technologies Inc.
Dennis Hollingshead
President & CEO
416-467-3930

Visit our website: www.mytec.com