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

To: Walter Morton who wrote (1330)	12/3/1998 11:53:00 AM
From: j.oil	Read Replies (2) \| Respond to of 3086

Walter I don't mean to be rude but you are out to lunch. Canada NewsWire Give us your message. We'll give you the world. Other Symbols JAWZ (OTCBB) Attention Business Editors: JAWS Technologies Announces Corporate Security Assessment Division CALGARY, Alberta, Canada, Dec. 3 /CNW/ - JAWS Technologies Inc. (NASD-OTC BB: ''JAWZ'') has established the Corporate Security Assessment (CSA), a division that brings together JAWS core expertise in strong security products with our clients' need to manage the threat of inappropriate use of their data or networks. According to a Computer Security Institute release, ''There is an urgent need to educate executive-level management to the range of potential cyber attacks and related information protection initiatives.'' ''Corporations today are looking for not just strong security products like our suite of L5 encryption software for Microsoft(R) Windows, Microsoft(R) Outlook and 3Com's Palm III(TM) connected organizers but also resources to assess, plan and implement strong security practices,'' states Robert Kubbernus, CEO, JAWS Technologies Inc. ''This division is a logical extension of our existing core expertise and has been asked for by our clients. Our Assessment Methodology has been executed in oil and gas companies, technology service providers and Internet service providers.'' Carol Howes of the National Post reports that ''According to some estimates, more than $400 billion will be spent in 2000 on information technology alone, a large portion of that on system security.'' Mr. Kubbernus further reports, ''Given our current work backlog, contracts under negotiation for 1999, our alliance and partner agreements plus the total size of this rapidly expanding market, we believe that the JAWS CSA division will contribute close to $75 million in revenue by the year 2000 not including product integration income.'' Of the over 1.2 million businesses in North America, JAWS believes it can reach 1% of them in 1999 using a strong VAR program to complement its direct sales and online sales initiatives. About JAWS Technologies JAWS Technologies, Inc. (NASD-OTC BB: ''JAWZ'') JAWS Technologies Inc. is dedicated to the development and integration of information risk management strategies for secure business practices on a global scale. JAWS Technologies offers an extensive security consulting practice that addresses explicit business requirements. The JAWS IT Security Practice, performed by a team of high caliber security experts, encompasses a robust series of IT audit routines. JAWS Technologies is at the forefront of the cryptography industry with uncompromised security technologies. The sophistication of proprietary security technology solutions coupled with leading edge packaged data encryption software products provides JAWS clients fast, strong and easy- to-use security management tools. For more information, visit the company's web site at www.jawstech.com. -30- For further information: Mitch Tarr, 1-888-301-5297, E-mail: mitch@jawstech.com JAWS TECHNOLOGIES INC. has 24 releases in this database. General Inquiries cnw@newswire.ca Technical Issues webmaster@newswire.ca Advertising Opportunities sales@clickthrough.ca j.oil

To: Walter Morton who wrote (1330)	12/3/1998 11:59:00 AM
From: justaninvestor	Read Replies (2) \| Respond to of 3086

Walter .. I'm not trying to be mean, but I'm obviously not explaining this financing in a way that you can understand. The shares are technically issued and placed in an escrow account. Only if and when the company needs money will these shares become free trading. It's done this way so that they don't have to go through a filing process every time they might want to draw down. Just think of it as a line of credit that has been established. As I've said before, the company is looking at other ways to secure financing. There is no doubt that there will be an increase in shares, but the structure should be more secure. And as the company starts to generate more revenue, they will become less reliant on these type of financings. Barrie Einarson Investor Relations bbruin@home.com

To: Walter Morton who wrote (1330)	12/3/1998 12:13:00 PM
From: eric deaver	Respond to of 3086

Walter two points: << in the near future >> Since it is a draw down account (for lack of a better word)what does get exercised will not hit the street all at once. The dilution will be easily trackable through 10Q filings - plenty of time to bail before the float hit anywhere near 50MM shares. <<there will be 50.1 million shares outstanding>> At this point it does not seem likely that the company will ever need to exercise the entire option so it is unlikely the shares outstanding will ever reach 50MM. Someplace over 9MM but not 50MM, IMO. Eric