Sydney, Australia – A Canadian based company JAWS Technologies Inc. was
awarded the Best Show Award for the “Most Outstanding Security Product” at
the Internet World 2000 Show held June 6 – 8 in Sydney, Australia.
Gerald Knapp, Publisher of Internet World presented the award to John
Leckie, Executive Vice President, JAWS Technologies. Knapp said, “JAWS
has made quite an impact at the show with their live demonstration of
the prevention of security invasion techniques, and notably their secure
internet data back-up products and services.”
“We were very pleased with the reception we received in Australia and
are optimistic that this will be a very successful market for JAWS,”
said Leckie. “When presenting the award, Internet World made special
note of the popularity of our booth and our unique approach to combining
products and services for an end-to-end approach to security. This
timely award validates JAWS in the rapidly growing information security
industry.”
Robert Kubbernus, Chairman and CEO, JAWS Technologies stated, “secure
internet data storage and back-up is almost infinitely scaleable due to
the incredible growth rates of data volume that are projected worldwide.
This award is yet another international recognition that JAWS is truly a
leader in comprehensive security solutions, especially when combined
with the unique nature of our secure data storage services specialized
to information critical businesses served by our ASP, Medical, Financial
and Legal Vault services.”
“With the proliferation of bandwidth and international connectivity, we
are negotiating with a number of international partners to participate
in the sales and marketing of our data vaulting products throughout
North America, Europe and Australia and New Zealand. We expect that
these negotiations will result in partnership agreements within the next
few weeks,” said Kubbernus.
In another development on June 8, investment dealer Bear Stearns
released the Comprehensive Internet Security Industry Report forecasting
a $15 billion market for security solutions by 2004. “As corporations
launch e-commerce strategies and begin migrating mission-critical
applications to the Internet, demand for security solutions could
accelerate dramatically over the next several years, potentially
creating a $15 billion market by 2004.” The report also states, “the
deployment of broadband Internet access services over the next few years
could trigger yet another important growth phase for these vendors.
These technologies, which deliver “always on” connectivity, could pose a
whole new set of security challenges for corporations.” The report in
summary says, “we believe the best investment choices in this space can
be found among the firms that can deliver complete end-to-end security
solutions.”
Kubbernus commented that “this type of excellent market recognition from
a very significant institution in the financial community not only
validates the unique need for the type of end-to-end security approach
that JAWS offers, it helps to establish industry wide financial
valuation parameters that security companies can and should be measured
by,” said Kubbernus. “We are optimistic that the trends that Bear
Stearns recognizes, in this report, will positively impact JAWS as our
business plan gains further success and our revenues continue to
increase at industry leading rates.”
JAWS Technologies is a leader in secure information management solutions
including security software products, consulting services and secure
Internet and remote data storage services for key client groups
including governments, cyber crime and forensics, healthcare, financial
services, e-commerce, and telecom suppliers such as Application Service
Providers (ASP) and Information Service Providers (ISP).
JAWS’ International headquarters are located in Toronto, Canada and its
western business unit is in Calgary, Canada, with offices in Edmonton,
Boston, New Jersey, Chicago and California. JAWS has over one hundred
and eighty employees, fifty strategic partners and approximately 150
corporate clients.
