Advanced Encryption Technology, Inc. Signs Co-development Agreement With Major European Military Organization.LONG BEACH, Calif.--(BUSINESS WIRE)--June 23, 1998--Steven Fox, President of Advanced Encryption Technology of America, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:AETI AETI Advanced Education Technology Initiative (USA) ) announced today the signing on June 18, 1998 of a co-development contract with a major European Military organization to enhance their encryption processes. The terms of the contract cannot be made public, however, the duration is for a period of four months. "We are expecting that the project will be completed on schedule and within the required specifications, which would lead to a significant order of the highly successful software encryption package developed by AETI," say Mr. Fox Mr. Fox were a band, part of the British "electric folk" or "folk rock" movement, circa 1970. Members:
Advanced Encryption Technology of America, Inc. is a developer, manufacturer, licenser/licensee and supplier of cryptographic software and hardware solutions to militaries, governments, and fortune 500 customers. The company's "Access Denied" suite of products capitalizes on leading-edge smartcard and software technology which presents customers with cost-effective, general purpose security tokens, plug-in cryptographic subsystems (APIs and libraries) and off-the-shelf cryptographic controls for user identification, network access for authentication, digital signatures for integrity and data encryption data encryption, the process of scrambling stored or transmitted information so that it is unintelligible until it is unscrambled by the intended recipient. Historically, data encryption has been used primarily to protect diplomatic and military secrets from foreign for confidentiality. AETI continues to be the leader in the Cryptographic Field with its Technology Advancements. Advanced Encryption Technology Holdings has sales offices in Mississauga, Ontario For the First Nation, see . Mississauga (pronounced: [ˌmɪsɪˈsɑgə] listen : Ottawa, Ontario: Long Beach, California Long Beach is a city located in southern Los Angeles County, California, USA, on the Pacific coast. It borders Orange County on its southeast edge. It is about 20 miles (30 km) south of downtown Los Angeles. : and Amsterdam, Holland.
CONTACT: Advanced Encryption Technology
Steven Fox, 888/292-AETI (2384)
or
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