To: Randy Ellingson who wrote (95813 ) 3/8/2000 2:07:00 PM From: mike machi Read Replies (1) | Respond to of 164684
AbsoluteFuture.com Reports on Strategy and Prospects BELLEVUE, Wash., Mar 8, 2000 /PRNewswire via COMTEX/ -- AbsoluteFuture.com (OTC Bulletin Board: AFTI) reports on its current business activities and future strategy. AbsoluteFuture.com is developing core proprietary software products and technologies, particularly in the areas of security and encryption, databases, and Internet communications. The technologies developed in house are used to: -- Provide solutions to other companies e-commerce and Internet problems; -- Develop its own e-businesses, Internet Interview.com and SafeMessage. Client Work AbsoluteFuture.com's consulting work provides specialist help to companies using the skills and proprietary software, which is tailored to meet the client's particular needs. SafeMessage SafeMessage provides a high-security, limited-persistence, guaranteed-status messaging service that is aimed at the growing market of people who like the convenience and speed of email but are concerned about its security. The product is aimed not only at the corporate intranet market, but is also designed for anyone desiring enhanced communication security. SafeMessage is at an advanced stage of development and patent applications will be filed shortly. A beta version will be launched in May with a full commercial launch expected in the third quarter of 2000. InternetInterview.com InternetInterview.com is a specialized recruiting site for companies searching for IT personnel. It incorporates powerful software tools for searching its own proprietary database of technical personnel and rapidly finding the exact match with the recruiters' job specifications. InternetInterview.com has a growing database of "TechnoBios(TM)," the detailed summaries of the candidate's skills and capabilities. AbsoluteFuture.com is in discussion with other parties in the recruitment field to joint venture the InternetInterview.com product to utilize its proprietary database and powerful software in broader markets. Future Prospects Graham Andrews, President and CEO of AbsoluteFuture.com said, "The products and expertise that the Company has developed within the vital and fast growing areas of security, databases and communications for the Internet provide a basis for rapid growth. The development and launch of SafeMessage is a key priority for the coming months, because of the high demand for the product. In addition, the software tools that have been developed will be exploited in new areas, both for clients and in additional e-commerce opportunities for AbsoluteFuture.com." Financial Status and Listing Following the share placing carried out at the beginning of the year, AbsoluteFuture.com is now in a sound financial position, with sufficient cash in the bank and positive current assets. Given the current rate of growth and the high potential of several of the company's products, AbsoluteFuture.com expects to file for a listing on the Nasdaq market during the course of the year 2000. For more information, see the web site: www.absolutefuture.com. Certain information included in this communication as well as information included in oral statements or written statements made or to be made by AbsoluteFuture.com contains statements that are forward-looking. Such as statements relating to the future anticipated direction of the Company and its business, plans for future expansion, various business development activities, planned capital expenditures, future-funding requirements, anticipated sales growth and earnings, and potential contracts. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated. The NASD has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.