CyberSentry, Inc. Adds Seasoned New Board Member Gilbert D. Raker; Develops Cross Ownership Relationship With Fianna Partners, L.P.Business Editors TAMPA, Fla.--(BUSINESS WIRE)--March 23, 2000 CyberSentry, Inc., (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CYBY) announced today that Mr. Gilbert D. Raker, currently Chairman, and Chief Executive Officer of SEMX Corporation (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 :SEMX) has joined the board of directors. His appointment to the board will be subject to shareholder approval, which is scheduled next Friday, March 31, 2000, to be held at The 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 Hyatt, at 42nd Street and Lexington Avenue. Mr. Raker has been credited with a decade of success after he assumed control of SEMX Corp. in 1990. Having received his MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration in production management in 1969 and PH.D. work in finance, his career has covered all aspects of building a public company. "A global thinker, the addition of Mr. Raker will give CyberSentry an added presence in the secure software arena," stated Frank Kristan CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the Company. Moreover, in a related matter, the Company has announced an exchange of shares for limited partnership interests in Fianna Partners L.P. The Company is awaiting final approval from its shareholders at its upcoming meeting on March 31, 2000. Shareholders are to approve an increase of authorized common stock by twenty million (20,000,000) in addition to other corporate business. Additional information about this and other corporate related matters will be included in its upcoming 10K filing. CyberSentry owns Digital Rights Management software that permits global E-commerce distribution on the Internet. CyberSentry provides value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services that distinguish CyberSentry from competitors like InterTrust Technologies, Inc., Baltimore Technologies and Entrust Technologies, Inc. because of CyberSentry's ability to bill the transaction directly to its CyberSentry E-commerce Card, conventional credit cards or the customer's phone bill. CyberSentry is licensed and tarriffed in 40 states, enabling it to provide bundled services of local, long distance, Internet connection, calling cards and E-commerce credit cards to its existing 7,000 accounts. CyberSentry's preferred shareholders include MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. WorldCom, Inc. Sprint Fon Group, and RSL RSL - RAISE Specification Language Communications, Ltd. CyberSentry, Gateway to E-Commerce, is a multi-format Digital Rights Management software and micro-billing provider. Additional information about CyberSentry can be received by contacting our financial public relations Financial public relations Public relations division of a company charged with cultivating positive investor relations and proper disclosure information. firm, Consulting For Strategic Growth, Ltd., at 800/625-2236. Except for the historical information contained herein, the matters discussed in this news release include forward-looking statements that may vary significantly based on a number of factors, including but not limited to, risks in product and technology development, market acceptance of new products, and continuing product demand, the impact of competitive products and pricing, changing economic conditions, both here and abroad, and other risk factors detailed in the Company's most recently filed Form 10, and Form 10A and other filings with the Securities and Exchange Commission. |
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