MailKey Plans for Public Listing via Merger with International Travel CD's Inc.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--Sept. 4, 2003 MailKey Security Solutions has agreed to terms to merge with International Travel CD's Inc. (OTB OTB abbr. off-track betting OTB n abbr (US) (= off-track betting) → apuestas hechas fuera del hipódromo OTB n abbr (US) (= off-track betting :ILCD) in a reverse merger transaction. The newly formed entity shall change its name to MailKey Security Solutions. The messaging security company, which was founded to stamp out to put an end to by sudden and energetic action; to extinguish; as, to stamp out a rebellion s>. See also: Stamp spam in emails and on mobile phones, has offices in 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 , London, Singapore and Bangkok. Following the reversal, MailKey Security Solutions shall have 27 million shares in issue and the stock symbol is expected to change along with the name to reflect the new company. The shares shall remain on Nasdaq's junior exchange, the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. . MailKey's founder and 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. Tim Dean-Smith said, "Junk mail See spam and junk faxes. is a problem that is expanding on a global scale and our listing is an indication of how important our solution is to the market. Our investors not only see ours as vital growth market, but they all have first hand experience of the need for a product like MailKey. "Our email anti-spam solution is an industrial strength product that can protect corporate networks, ISPs and individual home users, employing an Enhanced Challenge-Response method that means spam cannot get through to our customers. All MailKey customers can control the level of blocking and filtering, and can use MailKey to protect their existing email accounts." MailKey Security Solutions is investing in additional marketing and product development via its offices in Europe and Asia, and is in the process of establishing relationships with joint-venture and channel partners. "MailKey is also finalising its anti-spam solution for SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. and mobile messaging. In Europe and Asia, mobile phone spam Also called "SMS spam," it is the sending of unsolicited ads to cellphones and pagers via text messaging. Bluetooth phones provide another door for receiving spam (see Bluesnarfing). is already a growing problem; in Japan over 75% of messages sent to mobiles are spam" adds Dean-Smith. "Almost half of all Europeans, and over 70% of people in Asia now own a mobile phone -many of these are minors. The industry has been repeatedly warned about the dangers of a consumer backlash and mobile phone companies are anxious for a solution to stop the mobile messaging experience being ruined by spammers." About MailKey Founded in 2002, with its first product developed in January 2003, MailKey eradicates spam from email inboxes - by blocking it on the way in. While most people try to stop spam by setting up rules in their email program See e-mail program. , or by downloading a filter, MailKey stops spam before it is actually downloaded to a user's computer. This saves time and bandwidth and also reduces the risk from spam-borne viruses. The MailKey solution also integrates the highly regarded AVG Anti-VIRUS system. The Enhanced Challenge-Response system developed by MailKey empowers the recipient to eradicate spam in one step. The system blocks 100% of automated junk mail, but allows all of the user's real mail to be delivered successfully. Individual users can also permit mail to be sent to them by issuing a simple MailKey, a code which they select themselves. www.MailKey.com If you would like an interview with Tim Dean-Smith, or require photography, please contact: Jackie Bissell Reality PR Tel: 020 8663 6111 jackie@realitypr.co.uk |
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