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

To: Tom Harper who wrote (842)	8/21/1998 10:23:00 AM
From: j.oil	Respond to of 3086

Canada NewsWire JAWS TO PROVIDE SECURITY FOR AXION INTERNET CALGARY, Aug. 21 /CNW/ - JAWS Technologies Inc. (NASD-OTC BB: ''JAWZ'') is pleased to announce that the company has entered into an agreement with Al Axion Internet Communications Inc. (VSE - ''AXN''), a regional Internet Service Provider, to provide Axion and its clientele with information security solutions. Terms of the agreement were not disclosed. Jim Fish, Vice President of Axion says, ''This partnership with JAWS allows our customers to operate their business without fear of someone breaking into their data. Axion now supports its clientele with the most advanced security solutions in the market today.'' Garry Leitch, Vice President of Channel Development with JAWS Technologies added, ''We are committed to providing our customers with total security solutions on a national and world-wide basis. Axion is very forward thinking in providing the technology for privacy and security on the Internet for their customers.'' The major challenge associated with convenient access to information is security. Keeping outsiders from accessing information has largely been a losing battle. Now Axion clientele, because of the alliance with JAWS, can feel secure in their knowledge that all digital information is unusable by anyone other than the intended recipient. Axion is a full service ISP providing Internet connectivity, consultation and web services for over 18,000 clients throughout British Columbia. Through its strategic partnerships with BC Tel, MetroNet, Group Telecom and Westel, Axion is deploying a high performance, modular and redundant provincial network. With this new unparalleled capacity, 155 Mb/sec fiber optic Internet connection and comprehensive corporate services, Axion has built the ''Backbone for Business.'' When the JAWS security service is fully provisioned, Axion will be the only ISP to offer both its corporate and residential clients the most advanced and easy to use security solution in the North American market. JAWS Technologies Inc. is the developer and owner of what is considered to be the world's strongest encryption software, JAWS ''L5'' 4096 Bit Encryption. With its numerous programming enhancements and abilities, JAWS ''L5'' is fully developed security software that is ideal for both personal and corporate security use. In today's digital age, electronic mail can deliver messages and business documents around the world in seconds. Corporate networks allow business travellers to access files from notebook computers as if they were sitting at their desks in an office. The business community is booming with electronic commerce, where consumers can buy anything from a compact disc to a car over the Internet. Security has become the single most important issue in the current IT paradigm shift. As the rapid change from private system computing to public system computing continues, the opportunities for intruders and the need for improved security escalates. Forward-looking statements and comments in this press release are made pursuant to safe harbor provisions of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the companies to complete the transaction and enhance operating results, are necessary subject to risks and uncertainties, same of which are significant in scope and nature. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future. -30- For further information: Chris McNeill, Investor Relations, (403) 508-5055, (888) 301-JAWS, Fax: (403) 508-5058 or visit the website at www.jawstech.com General Inquiries cnw@newswire.ca Technical Issues webmaster@newswire.ca Advertising Opportunities sales@clickthrough.ca