Aladdin Knowledge Systems Completes the Acquisition of EliaShim and eSafe Technologies Inc.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ; TEL AVIV, Israel--(BUSINESS WIRE)--Dec. 21, 1998-- Aladdin Knowledge Systems Aladdin Knowledge Systems NASDAQ: ALDN is a company that provides solutions for software digital rights management and Internet security since 1985. Its corporate headquarters are located in Tel Aviv, Israel. Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ALDNF), a global leader in the field of software information security, today announced it has completed the acquisition of the assets of EliaShim Ltd. and its fully-owned subsidiaries, US-based eSafe Technologies Inc. and eSafe Europe (together "eSafe"). eSafe is the producer of the award-winning eSafe Protect suite of Internet security products. Following the acquisition, Aladdin will form an Internet Security Unit with eSafe at the core, focusing on the development of integrated "desktop-to-gateway" Internet security solutions. Aladdin will present eSafe and its new Internet security products in January at the upcoming RSA Conference in San Jose, CA, January 18-20th. About Aladdin: Aladdin Knowledge Systems Ltd. (NASDAQ/NMS: ALDNF) is a global leader in the field of information security. Aladdin's product range includes HASP (Houston Automatic Spooling Program) A mainframe spooling program that provides task, job and data management functions. HASP - Houston Automatic Spooling Program (R) and Hardlock(R), token-based software security systems that ensure license compliance and provide innovative marketing and distribution solutions for developers and publishers; Privilege(R), a comprehensive software licensing tool for software developers and the award-winning eSafe(TM) line of anti-vandal, anti-virus and security software for the Internet. Aladdin is an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9002 accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. company with headquarters in Tel Aviv, Israel, 7 international offices and distributors in over 40 countries. For more information, visit the Aladdin home page at www.aks.com eSafe Technologies Inc., based in Seattle, WA, was founded in April 1997 as the U.S. division of EliaShim Ltd., a leading supplier of technologically innovative anti-vandal, anti-virus and security software to corporate and government sectors worldwide. Formed in 1987, EliaShim provides unique software solutions to more than four million customers worldwide, including major banks, financial institutions and Fortune 500 corporations. Having been recently picked as Editor's Choice by PC Magazine, eSafe Protect is addressing Internet protection issues for the PC user. To learn more about eSafe Technologies and its innovative security products, visit the eSafe web site at http://www.esafe.com/ or call 1-888-772-3372. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. |
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