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Gold/Mining/Energy : NET NANNY SOFTWARE NNS-V -- Ignore unavailable to you. Want to Upgrade?


To: JAS who wrote (1459)10/6/1998 6:07:00 PM
From: philip trigiani  Read Replies (1) | Respond to of 1681
 
Net Nanny* Announces BioPassword*, "First of its Kind" Keystroke Dynamics
Security Technology, at Fall Internet World

Much anticipated technology will benefit e-commerce, corporate network,
remote access and home PC security

October 7, 1998, Fall Internet World '98, New York, NY - Net Nanny Software
International Inc. (NNS.V, NNSWF), today announced BioPassword*, an eagerly
anticipated new biometric access control technology. BioPassword® is a
totally software-based technology that uses a patented process to measure
each individual's personal keystroke rhythm. While entering a password, a
user's typing rhythm is used to create an electronic "profile." This
"profile" is stored by the system and authenticates users whenever they
enter their password. Net Nanny will be providing demonstrations of the
technology at booth number 1278.

Passwords are the most widely deployed form of user-authentication today in
both the corporate and consumer markets. BioPassword® occupies a unique
position as the only "keystroke dynamics" security solution of its kind.
Unlike other biometric security products, BioPassword® requires no
additional costly hardware - only a password and keyboard - and is therefore
less costly and less obtrusive than other biometric security products such
as retinal scans, voice- and face-recognition technologies, and fingerprint
scanning. Initially, the BioPassword® technology will be offered through a
Software Development Kit ("SDK") to third-party developers who will be able
to weave it into other security solutions such as encryption,
authentication, and VPN technologies. In the future, the Company plans to
adapt BioPassword® into stand-alone log-in and document security products
that can be purchased by consumers.

"As the Internet becomes a more dominant force in business and consumer
arenas, password protection and authentication will become that much more
important to corporations and individuals worldwide," said Gordon Ross,
President and CEO of Net Nanny. "It's no secret that security breaches have
resulted in millions of dollars in losses for some of the largest companies
in the world. BioPassword* addresses the increasing need, in both corporate
and home environments, to provide cost-effective, reliable, virtually
foolproof password management and access control solutions."

Anticipated applications for BioPassword® range from e-commerce and online
banking to security for networks. Because the technology is keyboard and
software driven, additional uses for the technology include any application
that requires a keyboard or keypad for access such as computers, automated
teller machines, telephone, and keyboard locks.

SYSTEM REQUIREMENTS AND AVAILABILITY

BioPassword* will initially be available, through the licensing of a
COM-based Software Development Kit to third-party developers who wish to
incorporate biometric technology into their own development efforts. The
technology will also be available through the OEM channel and through
downloads from the Company's website - <http://www.biopassword.com>
www.biopassword.com. BioPassword* currently runs on Windows 95, 98, and
Windows NT with plans to develop the technology for deployment within the
Windows CE environment in the future.

The Company also plans to incorporate BioPassword* into Net Nanny's existing
product line, further enhancing the Company's reputation as a leader in
innovative product design and a market leader in the emerging Internet
filtering market.

In August, the Alpha version was made available for download by the media,
analysts, home, and corporate computer users to offer their feedback and
marketing ideas. A demo of BioPassword* remains available for download at
www.biopassword.com.

ABOUT BIOPASSWORD AND NET NANNY SOFTWARE INTERNATIONAL INC.

Totally software-based, BioPassword* uses a patented process, owned
exclusively by Net Nanny Software International Inc., which utilizes
keystroke dynamic technology developed by top engineers at Stanford Research
Institute. It uses biometric (body characteristic) measurements and a
proprietary algorithm to record an individual's unique typing rhythm. The
technology can be used with any keypad, from computer keyboards to ATM
machines to telephones.

Net Nanny is on the advisory committee of the U.S. Congressional Internet
Caucus and a member of the Association for Interactive Media, a trade
association that lobbies Congress on behalf of the Internet industry.

For additional information, visit BioPassword*'s website:
www.biopassword.com, or visit Net Nanny's website: www.netnanny.com, or
call the Company directly at (425) 688-3008 for public relations
information or (604) 662-8522 for technical information.

Net Nanny Software International Inc.

Gordon A. Ross
President and CEO

The Vancouver Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or the accuracy of this Press Release.