IBM Recommends Meganet's Virtual Matrix Encryption as the Standard in Computer Cryptography.LOS ANGELES--(BUSINESS WIRE)--Dec. 9, 1997--IBM (NYSE NYSE See: New York Stock Exchange , IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) ) contacted Meganet Corporation last week after reviewing the Virtual Matrix Encryption (VME (Virtual Machine Environment) An operating system from Fujitsu Services (formerly ICL) that runs on its Series 39 mainframes. Introduced in 1975, VME is a comprehensive product that provides a variety of utilities for datacenter operations. ) algorithm and highly recommended the VME technology to be the national standard for 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 . The IBM spokesperson requested immediate submission of VME to the National Institute of Standards & Technology and the Institute of Electrical & Electronic Engineers to facilitate the standardization. Obviously, Meganet's claim that their VME technology is completely impenetrable has garnered much support. Meganet guarantees complete security with VME for any application such as Internet commerce, government communications, banking transactions, and the unlimited expectations of the corporate world. The confidence level is so high that a $1 million reward was posted on the Internet for anyone that could break a VME encrypted file. Over fifty five thousand (55,000) tried with no success. The confidence continued when Meganet challenged IBM, Microsoft, and a host of other computer geniuses to break an encrypted file. This bold approach by Meganet, a San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. software developer, is the topic of discussion in many arenas around the country. No wonder major corporations are interested in pursuing this revolutionary encryption technology. This excitement is aroused because everyone knows absolute security is a necessity. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the FBI, industrial espionage cost U.S. companies $24-100 billion annually. The White House Office of Science & Technology estimates losses to U.S. business from foreign computer hacking at $100 billion a year. $3 billion of additional spending by the Defense Department over the next five years was recommended by an internal panel to improve the security of the nation's telecommunication and computing infrastructure. At least $1 billion is lost every year from information stolen from U.S. banking institutions. These statistics only touch the tip of the iceberg tip of the iceberg n. pl. tips of the iceberg A small evident part or aspect of something largely hidden: afraid that these few reported cases of the disease might only be the tip of the iceberg. . Fortunately, Meganet has the solution with its unbreakable VME. Additional information about this exciting new technology can be found at www.meganet.com . CONTACT: Absolute Results, Inc. Kenny Spitler, 615/843-8710 or Bernie Kiesel, 615/843-8710 Absoluteresults@juno.com or Meganet Corporation Saul Backal, 818/757-3890 matrix@meganet.com |
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