Advanced Encryption Technology of America, Inc. Breaks Off Merger Talks With Metisse, Inc.LONG BEACH, Calif.--(BUSINESS WIRE)--June 1, 1999-- Steven Fox, President of Advanced Encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. 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Initiative (USA) ) announced today, that the previously announced merger between AETI and Metisse, Inc. has been rescinded by the parties. Mr. Fox Mr. Fox were a band, part of the British "electric folk" or "folk rock" movement, circa 1970. Members:
rescind v. the merger between AETI and Metisse." Fox continued in saying, "we are currently taking all of the necessary steps to become a fully reporting company and remain in a proactive state to find the appropriate merger candidate." Advanced Encryption Technology of America, Inc. is a distributor and reseller within the field of cryptographic technologies. "With the growth of the Encryption industry and the tremendous need for the technologies that are within our reach, we feel that the we should take our time and fully research any and all merger candidates," said Fox. "As President of AETI, I am aware of the sensitive issues surrounding the encryption industry and the need to find the most qualified company to join us in becoming an industry leader. I will continue my commitment and take all steps to grow our Company, increase shareholder value and bring AETI into the new millennium." |
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