To: Stock Watcher who wrote (9567 ) 5/25/1999 9:41:00 AM From: Jetta Read Replies (1) | Respond to of 52051
POST news..... Tuesday May 25, 9:00 am Eastern Time Company Press Release SOURCE: CyPost Corporation CyPost Enhances Internet Revenue Base With Second Acquisition DOVER, Del., May 25 /PRNewswire/ -- CyPost Corporation (OTC Bulletin Board: POST - news) is pleased to announce the execution of a letter of intent to acquire all shares of Intouch.Internet Inc. This complements the recent acquisition of Hermes Net Solutions Inc. giving CyPost an expanded presence in the field of Internet communications. ''As CyPost continues to move out of Research and Development into an aggressive marketing phase, this acquisition adds a second revenue opportunity in as many days,'' Said Steve Berry, president and CEO of CyPost. Intouch.Internet Inc. has a 3-year history of providing Web-hosting and access for over 2000 clients. Operating as The InterNet Store, Intouch.Internet Inc. has lead the way in offering boutique solutions for professional, commercial, government and individual clients. ''The approach that The Internet Store has taken in dealing with their clients is an excellent match for CyPost's commitment to providing the most up-to-date privacy and protection technology available through easy to use interfaces. Consumer demand for reliable Web-based communication and applications is still in its infancy, and will experience expediential growth in the coming months,'' said Mr. Berry. CyPost Corporation develops and markets Internet privacy and protection systems. CyPost specializes in making state-of-the-art cryptography and encryption solutions accessible for both business and personal use. CyPost's flagship product, Navaho Lock v2.3 www.navaholock.com, is an easy to use encryption, file compression, and storage program for Internet communications. Simply click on the file, drag it to the Navaho Lock window, and drop it in. Navaho Lock permits both individual and business clients to keep their electronic information, whether stored on a personal computer, used on a network, or sent across the Internet, completely private and protected. The free full working 30-day trial versions of Navaho Lock Personal Edition v2.3 and Navaho ZipSafe 2.0 are available for immediate download at www.navaholock.com/product.html. Navaho Lock Personal Edition v2.3 allows consumers to send and receive email, and e-mail attachments such as Documents, Spreadsheets, Digital Images, Digital Sound, or Business Presentations with complete security using a Drag and Drop style interface and 40-, 56-, 112-, 128- and 168-bit encryption. Navaho ZipSafe provides computer users an affordable and simple solution to secure the sensitive information stored on their local hard drive and portable disks. Except for historical matter contained herein, the matters discussed in this press release are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect CyPost Corporation's business and prospects and cause actual results to differ materially from these forward-looking statements. SOURCE: CyPost Corporation