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

To: David Barnes who wrote (632)	7/27/1998 10:20:00 AM
From: Jerry Miller	Respond to of 3086

Monday July 27, 8:02 am Eastern Time Company Press Release JAWS Technologies Unveils Industry's Most Sophisticated Security Encryption Software Leading Encryption Company Debuts 4096-Bit Encryption Software; JAWS L5 Encryption Ideal for Corporate and Personal Data Security Application CALGARY, Alberta--(BUSINESS WIRE)--July 27, 1998-- JAWS Technologies (NASDAQ:JAWZ - news) announced today the world's strongest security encryption software to address the increasing frequency of unauthorized access to digital information. JAWS L5 Data Encryption is the industry's first encryption software product with 4096-bit key encryption strength. The most advanced encryption software currently on the market, JAWS L5 is described by experts as being statistically unbreakable. The JAWS L5 software application quickly encrypts files as a means to control access to confidential information stored on desktop PCs, handheld devices and networks and to ensure security of Internet transactions and remote file access. JAWS L5 is available for $49.95 on-line and directly from the company, and can be found in retail outlets and through resellers in September. The JAWS L5 application employs recursive mathematics to make backward analysis impossible, and takes advantage of a complex algorithm utilizing a random number generator to create a unique encryption ''key,'' meaning no two encryption codes are the same. A quick and simple, yet powerful encryption application, the program itself takes up only 1MB of disk space and can encrypt a 1MB file in less than two seconds. ''As organizations store more and more sensitive information in digital format, data security has become a top priority,'' said Robert Chomentowski, analyst at Frost & Sullivan. ''JAWS Technologies1 L5 Data Encryption program, through its unique encoding algorithm, provides the highest level of encryption on the market and is ideal for safe-guarding digital information.'' Digital technology has evolved to the point where bills can be paid on-line, networks can be accessed from thousands of miles away, and business documents can be delivered in seconds via e-mail. As digital information continues to replace paper-based records at a rapid pace, security limitations continue to directly increase in proportion. According to the Computer Security Institute (CSI), 65 percent of respondents to its 1997 CSI/FBI Computer Crime and Security Survey acknowledged that they had experienced unauthorized use of their computer systems within the last 12 months, ranging from registered users gaining unauthorized access to secure portions of an enterprise's computing resources, to hackers who have no legitimate access breaking into a network and stealing or corrupting data. Anyone who utilizes digital data, whether it be sensitive business documents or credit card numbers, is vulnerable to data theft. JAWS Technologies' L5 Data Encryption program ensures that any security breach would leave a data thief with unusable information, minimizing the risk of unauthorized access. ''Most people never leave their homes with a back door or window open, for fear of a robbery,'' said Robert Kubbernus, CEO of JAWS Technologies. ''At the same time, many never think that this is what they're doing with their computer files. In many ways, having someone break into your computer files is worse then a physical break-in, because you may not even know that your information has been tampered with or stolen. It can be weeks or months before evidence of stolen credit card or social security numbers, business documents or sensitive files is discovered. With JAWS Technologies' L5, consumers and corporations alike can be assured that they are safe from information theft.'' About JAWS Technologies JAWS Technologies, Inc. (NASDAQ:JAWZ - news) is a leading provider of security technology for the network, PC and portable computing markets. Founded in 1998, JAWS is the first company to develop 4096-bit data encryption software for the best security coding currently on the market. The advanced encryption technology enables individuals and corporations to quickly and securely control desktop, Internet, remote and network access to confidential information. JAWS is headquartered in Calgary, Canada, and distributes its products via retail, OEM and on-line channels. For more information, visit the company's Web site at www.jawstech.com/mp. Contact: McGrath/Power Public Relations Carolyn Rohrer/Kevin Toyama, 408/727-0351 carolyn_rohrer@mcgrathpowerpr.com kevin_toyama@mcgrathpowerpr.com