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To: Greg from Edmonton who wrote (187)	6/21/2000 11:58:00 AM
From: caly	Read Replies (2) \| Respond to of 206

Yet another hacker enters the corporate world... Wednesday June 21, 9:39 am Eastern Time Company Press Release SOURCE: itemus inc. itemus inc. Hires World Renowned Internet Security Expert Chris Davis to spearhead Internet security team for itemus inc. OTTAWA, June 21 /CNW-PRN/ - itemus inc. (TSE: ITM, OTCBB: ITMUF) today announced the hiring of Chris Davis, one of the world's most respected and widely known Internet security experts. In his new position, Mr. Davis will assume the role of Security Director for itemus inc. and will work to ensure the network integrity of itemus member companies and clients. ``itemus is helping to devise Internet 2.0, with security as a key priority. Our ability to attract people like Chris will help us achieve that goal,'' said Jim Tobin, President and CEO of itemus Inc. ``Chris brings to itemus his global network of clients, partners, and talent.'' Through its growing base of investee companies, customer relationships and experts such as Mr. Davis, itemus is aiming to establish itself as a preeminent player in Internet security testing, systems, processes and maintenance. itemus clients will soon be able to use their level of security to differentiate themselves within the increasingly crowded Internet marketplace through a commitment to the integrity of their customers' personal data. ``Many organizations that practice eCommerce struggle with how to secure their information,'' said Chris Davis. ``Despite the billions of dollars being spent on brand exposure and to establish an Internet presence, most corporations have yet to understand that unless their information is secure, people won't do business with them.'' ``Security is also an ongoing process and not an event. Essentially, businesses need to commit to the long term protection of their clients' personal information. itemus is unique in understanding this fully and committing to security leadership throughout its ever-growing set of interests.'' A self-identified ethical hacker, Mr. Davis gained worldwide headlines when his work lead directly to the capture of the infamous online credit card thief ``Curador.'' Mr. Davis now has the mandate to build a security team within itemus and manage its overall market direction. About itemus itemus Inc. is a New Economy corporation that creates revolutionary applications and business models for the Internet. Canadian based, but global in scope and scale, itemus participates in all stages of the value creation process: early stage incubation, smart venture investment, converting bricks- and-mortar to dot-com companies and unlocking the hidden value in public technology enterprises. With development, hosting and business service infrastructure in several cities, itemus focuses on opportunities in next generation networking, financial intermediation for e-commerce and rich media. For more information, please visit www.itemus.com. SOURCE: itemus inc.