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Here is some recent news:
http://www.investorideas.com/Companies/ViewDocument.asp?ID=1328
Here is the most recent press release:
http://www.investorideas.com/Companies/ViewDocument.asp?ID=1354
News Release
For Immediate Release: For More Information Contact:
April 2, 2002 ECON Investor Relations, Inc.
Toll Free: 888-889-9212
dvanzant@investorideas.com
truehs@investorideas.com
NET NANNY SIGNS ON FOR ELEMENT 5 E-SALES SOLUTION TO FURTHER EXPAND EUROPEAN
MARKET PRESENCE
Bellevue, April 2, 2002 - element 5 Inc., the e-business specialist for
software sales via the Internet, is slated to assist Net Nanny Software
International Inc. (OTCBB: NNSWF) (CDNX: NNS) with enhancing their online
sales in Europe. Net Nanny markets security software used by parents to
define time limits and limit access to certain types of information when
their children are surfing the Web. This publicly traded company based
in the USA chose element 5's e-sales solution in order to significantly
expand their presence in the European market.
element 5's e-sales solution covers ordering, payments, electronic software
shipment, licensing, and customer support. A key factor for Net Nanny
was the use of the "Digital Wrapper", a tool for secure and controlled
downloads. The Digital Wrapper enables Net Nanny to transfer their products
to customers seamlessly and securely by creating electronic "packaging"
around the software, which is released with a license key after the software
is purchased. The license key contains the customer's information; works
only for the software purchased, and is only valid once, preventing unauthorize
d duplication.
element 5 offers numerous advantages to non-European companies planning
to expand their sales activities to Europe: knowledge of the markets,
adaptation of products to local conventions, and customer support in six
languages. These benefits will allow Net Nanny to significantly expand
their presence in the European market with no delays. "The e-sales solution
by element 5 enables us to continue to build our customer base in Europe
more quickly than would have been possible using a conventional software
sales approach. We are in the position to rapidly adapt and expand our
product offering. This gives us a decisive edge over the competition,
whose sales force cannot react as flexibly as ours," confirms Andrew Tull,
Vice President, Sales for Net Nanny.
About element 5 AG
element 5 AG was founded in Cologne, Germany in 1998 and provides an e-business
platform for the fast, secure and efficient buying and selling of software.
Software companies can sell their products via the Internet by managing
orders, payments, deliveries and licensing of their products electronically.
Software buyers can handle all of their software purchasing electronically
via the Internet.
The element 5 e-business platform uses the concept of Software Chain Management
to optimize every process in the software value chain. The focus is on
B2B: More than 5000 software companies market and distribute their products
online in more than 150 countries using element 5. On the buyer's side,
corporate buyers have access to over 20,000 products. The company has
an international presence with customer support in six languages and offices
in Germany, the USA, the UK, Sweden and France.
Additional information is available at http://www.element5.com
About Net Nanny Software International Inc.
Net Nanny Software International Inc., a publicly traded company (OTCBB:
NNSWF), (CDNX: NNS) with headquarters and subsidiaries in the United States
and Canada, specializes in Internet safety and computer security products
for both the home and enterprise markets. The Company's award-winning
Internet safety product, Net NannyÒ, and patented strong user authentication
technology, BioPassword®, address the growing need to control access to
mission-critical computer data and give users the freedom to choose options
that match their individual needs and value system. For more information
on the Company and its products, please visit www.netnanny.com, www.biopassword
.com or call (425) 709-8520.
On behalf of the Board of Directors
Net Nanny Software International Inc.
"Gordon A. Ross"
Chairman and CEO
Note to Readers: Statements in this news release looking forward in time
involve risks and uncertainties, including the risks associated with the
effect of changing economic conditions, trends in the development of the
Internet as a commercial medium, market acceptance risks, technological
development risks, seasonality and other risk factors. The Canadian Venture
Exchange has not reviewed and does not accept responsibility for the adequacy
or the accuracy of this Press Release.
For More Information Contact Trevor Ruehs at truehs@investorideas.com
or Dawn Van Zant dvanzant@investorideas.com or Call Toll Free 888.889.9212
PowerCold Announces Over $1 Million In New Hotel HVAC System Sales
LA VERNIA, Texas, Mar 18, 2002 /PRNewswire-FirstCall via COMTEX/ -- PowerCold
Corporation, (OTC Bulletin Board: PWCL) today announced new design contracts and
projects for its patented Ultimate Comfort Systems hotel heating, ventilating
and air conditioning (HVAC) system. The recent contracts reflect a growing
demand for its energy efficient products.
The company has design contracts and agreements to commence work on several new
systems for hotels in Montana, Colorado, Wisconsin, Wyoming and London, England.
The total value of these new systems is over $1,000,000. Additionally Ultimate
Comfort Systems has in process design and equipment bids over $5,000,000 for
projects in Ohio, Maine, Florida and Texas.
Ultimate Comfort Systems Vice President of Marketing and Sales Bob Yoho said,
"Based upon current pending business, we are highly encouraged about our
prospects in this market. Additionally after our meeting with Hilton personnel
and franchisees Jan 22nd in New Orleans we have had many franchisees contact us
for personal meetings to discuss the design and equipment in newly planned
hotels."
PowerCold's CEO Frank Simola stated, "We are excited about the new and pending
projects for Ultimate Comfort Systems. These systems include not only Ultimate
Comfort's Integrated Piping System Technology, but also our patented evaporative
cooling technologies, which provide as much as 45% savings in energy costs."
Comparing energy-modeling performance of the Ultimate Comfort System with
through-the-wall position terminal air conditioners (PTACs) shows the PowerCold
technology can save up to 45% of a hotel's total HVAC energy costs. It was also
estimated that the project payback on an incremental installation cost of the
Ultimate Comfort System from the energy savings typically would be less than
three years.
The technology has received distinguished recognition in the energy field
including a first place Commercial Buildings Award from the American Society of
Heating Refrigeration and Air Conditioning Engineers (ASHRAE), and the
Department of Energy's "Tomorrow's Energy Today" Award. The technology was also
recognized in the "Hospitality Facilities" category of the 2001 Energy User News
Building Awards. The project being honored saved over 54% in electrical
consumption and 39% in natural gas consumption in its first year of operation
using the Ultimate Comfort System. This was in comparison with the energy
consumption of another building of the same size using through-the-wall position
terminal air conditioners (PTACs).
The innovative aspect of the Ultimate Comfort System is its use of the domestic
hot water lines to distribute the heating for the building and the use of the
fire sprinkler lines to distribute the cooling. Ninety-five percent efficient
hot water heaters and the Nauticon evaporative condenser driven chiller plant
are also used in the system. This Integrated Piping System coupled with the
centralized chiller plant provides a highly energy efficient HVAC system for the
building. The high efficiency evaporative condenser chiller plant is
manufactured by the PowerCold plant in La Vernia Texas.
PowerCold's proprietary Ultimate Comfort System is a heating, ventilation and
air conditioning (HVAC) system for commercial buildings to significantly
decrease maintenance expense and power costs by up to 45% while enhancing
property revenue. PowerCold believes its primary market for this new HVAC
technology is hotels/motels and managed care facilities.
PowerCold markets energy-efficient and environmentally safe equipment to reduce
power costs for heating, air conditioning and refrigeration by up to 45%.
Ultimate Comfort Systems is a wholly owned entity of PowerCold Corporation.
Investors Call:
Econ Investor Relations, Inc. -- 888-948-8632
Dawn Van Zant or Connie Linder clinder@investorideas.com
Company Contact:
Ultimate Comfort Systems, Inc. -- Bob Yoho, VP Marketing and Sales at
727-418-4459.
PowerCold Corporation -- Website www.powercold.com,
E-mail: pwcl@powercold.com
Hawk Associates, Inc. -- Frank Hawkins or Julie Marshall, at 305-852-2383.
Website www.##############.com, Email info@##############.com
Forward-Looking Information:
The statements in this news release contain forward-looking information within
the meaning of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve certain risks, assumptions and uncertainties,
including the inability to generate and secure the necessary product sale, or
the lack of acceptance of the company's products by its customers. In each case
actual results may differ materially from such forward-looking statements. The
company does not undertake to publicly update or revise its forward-looking
statements even if experience or future changes make it clear that any projected
results (expressed or modified) will not be realized.
MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X19687354
SOURCE PowerCold Corporation
CONTACT: Investors, Dawn Van Zant or Connie Linder,
clinder@investorideas.com, both of Econ Investor Relations, Inc.,
+1-888-948-8632; or Bob Yoho, VP Marketing and Sales of Ultimate Comfort
Systems, Inc., +1-727-418-4459; or PowerCold Corporation, pwcl@powercold.com;
or Frank Hawkins or Julie Marshall, both of Hawk Associates, Inc.,
+1-305-852-2383, or info@##############.com, for PowerCold Corporation
URL: http://www.powercold.com
http://www.prnewswire.com
Copyright (C) 2002 PR Newswire. All rights reserved.
News Release for NetNanny
For Immediate Release: For More Information Contact:
March 1, 2002 ECON Investor Relations, Inc.
Toll Free: 888-889-9212
dvanzant@investorideas.com
truehs@investorideas.com
NET NANNY REPORTS SECOND QUARTER FINANCIAL RESULTS
Operating losses down 73% over prior year; Company moves forward with Biometric Keystroke Technology
Bellevue, Washington, March 1, 2002 — Net Nanny Software International Inc. (CDNX: NNS) (OTCBB: NNSWF), today announced its unaudited first six month financial results for the period ended December 31, 2001.
Sales revenues for the quarter were US$585,000 a decrease of $328,000 or 35% over fiscal year 2000’s revenues of $913,000. This decrease was due to reduced sales revenues from decreased activity in retail accounts processed by the Company’s distributor, Macmillan USA. Slowed computer sales reduced demand for the Company’s flagship product Net Nanny. Operating expenses were $1,476,000 a decrease of 67% over the same period last year. Loss per share was $0.04 compared to the prior year’s loss per share of $0.12 as the Company incurred significant sales and marketing expenses for BioPassword. BioPassword is a patented software-only biometric application that uses keystroke authentication to identify users by the way they type. This software only biometric technology is a key focal point of future revenue growth for the Company.
The Company has signed two additional agreements with other companies in December to integrate BioPassword into their applications. The Company expects to begin receive recurring transaction-based revenues from these customers beginning the second half of the fiscal year as these companies begin selling their products and services to end-users. The Company’s new partners were highlighted at the recent RSA Security show in San Jose in February where BioPassword SDK 2.0 was announced and launched.
“There was overwhelming industry reception and interest in BioPassword’s technology as a security solution to software authentication to complex networks as well as securing proprietary data base and software applications” said Andrew Tull, Vice President of Sales. “Keystroke authentication is currently a relatively small segment of the Biometric industry, but companies are beginning to see the software only technology is a solution to the current security issues that can be implemented, quickly, cost effectively and is easy to install. We had a larger than anticipated number of companies request implementation strategies over the next 90 days” he continued.
BioPassword SDK 2.0 provides an easy, transparent solution that can be installed quickly and efficiently and provide improved security, fraud detection and productivity. Significant future business opportunities were created similar to the recently announced agreements with Novell and Authentor.
The following figures are taken from the Company’s unaudited consolidated financial statements:
CONSOLIDATED STATEMENTS OF OPERATIONS
(Expressed in U.S. dollars)
FOR THE YEARS ENDED SEPTEMBER 30, 2001, 2000 and 1999.
2001 2000 1999
Revenue
Sales 585,304 1,016,754 387,747
Cost of Sales 93,106 112,967 16,528
Gross Margin 492,198 800,534 331,570
Expenses
General and Administrative 365,769 1,018,754 418,984
Sales and Marketing 634,939 2,060,754 319,147
Research and development 346,943 1.325,550 201,898
Amortization 128,000 138,666 18,544
1,475,651 4,543,913 958,573
Loss from operations (983,453) (3,743,376) (587,352)
Foreign Exchange and Investment Income 784 1,042,763 10,571
Loss for the year (982,689) (2,700,616) (576,781)
Loss per common share (0.04) (0.12) (0.04)
General and Administrative ("G&A") costs of $365,769 decreased 64% over fiscal 2000 and were 13% less than 1999. The decrease reflected reduced headcount and expense control as the Company focused its efforts on selling BioPassword.
Sales and Marketing costs of $635,000 decreased $1,425,000 or 71% over 2000, due to decreases in staffing, elimination of expenses related to last year’s electronic commerce initiatives and two new product
Launches that took place in 2000. Research and Development costs decreased 74% to $347,000 from
$1,325,000 in 2000 and $201,000 in 1999. The decrease was due to completion of a major upgrade to the
Company’s flagship product, Net NannyÒ, and the commercial release of BioPassword in 2000. Current
Efforts are focused on software development for BioPassword customers and future releases of Net Nanny.
As at December 31, 2001, the Company's unrestricted cash position was $16,000 versus balances of $128,000 in 2000. The Company consumed $320,000 in operations during the period compared to the previous year’s expenditure of $757,000.
Working capital deficit at December 31, 2001 was $(2,480,000), representing a ratio of approximately 0.14:1 in fiscal 2002 compared to .65:1 for the prior fiscal year. The Company increased its deficit by $983,000 since June 30, 2001.
The Company has hired Econ Investor Relations to handle shareholder and investor relations for the Company.
On behalf of the Board of Directors
Net Nanny Software International Inc.
“Gordon A. Ross”
Chairman and CEO
Note to Readers: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the development of the Internet as a commercial medium, market acceptance risks, technological development risks, seasonality and other risk factors. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this Press Release.
For More Information Contact Dawn Van Zant at dvanzant@investorideas, Trevor Ruehs at truehs@investorideas.com or Toll Free 1 888 889 9212
News Release
For Immediate Release: For More Information Contact:
February 6, 2002 ECON Investor Relations, Inc.
Toll Free: 888-889-9214
dvanzant@investorideas.com
truehs@investorideas.com
SYMETRIC SCIENCES LICENSES BIOPASSWORDÒ, NET NANNY'S BIOMETRIC AUTHENTICATION
TECHNOLOGY, FOR CLINICAL TRIALS SOFTWARE
Patented strong user authentication provides reliable way to meet compliance
obligations
Bellevue, Wash., February 6, 2002 - Net Nanny Software International Inc.
(OTCBB: NNSWF) (CDNX: NNSWF), the leader in biometric keystroke authentication
technology, today announced that SyMetric Sciences Inc., of Montreal,
Canada, is now shipping its clinical data management software with BioPasswordÒ
, to help ensure that its customers, in the pharmaceutical and biotechnology
research industries, are properly authenticating individuals with access
to sensitive clinical research data.
"Federal guidelines in the health sciences industry are driving demand
for authentication solutions such as ours," said Andrew Tull, Net Nanny's
VP of sales. "SyMetric, and a growing number of other companies serving
the health care industry, are choosing BioPassword for their authentication
needs, because they are finding that it is the fastest and most effective
way to help solve their security compliance obligations."
Clinical research organizations are mandated to comply with FDA regulations
21 CFR Part 11, which require tracking the activity and ownership of clinical
data in audit trails. BioPassword provides an extra layer of security
to user names and passwords, to ensure that user identities have not been
stolen or otherwise used improperly. SyMetric Sciences licenses clinical
data management software, providing an extended and fully-validated suite
of data management and imaging tools in full compliance with international
regulatory standards.
"Adding BioPassword to our user authentication system not only strengthens
the security features of our clinical data management software, but also
creates unique "digital signatures" conforming to FDA regulations, when
used with our activity tracking technology," said Robert Major, founder
and president of SyMetric Sciences, Inc. "BioPassword is an elegant solution
and since no additional hardware is required, it is easy to deploy and
implement. The software developer's kit (SDK) also gave us a high degree
of flexibility to integrate the BioPassword technology exactly where we
needed it."
Net Nanny will receive a recurring revenue stream based on the number
of seats that SyMetric licenses to its new and existing customer base.
BioPasswordÒ will be demonstrated at the RSA Security Conference, February
19-21, 2002, at McEnery Convention Center, San Jose, CA, in Booth #1702.
About SyMetric Sciences Inc.
SyMetric Sciences is a private company based in Montreal, Canada providing
a comprehensive suite of software tools for the management of data collected
in clinical trials. The clinical data management system "SyMetric" includes
modules supporting double data entry with integrated imaging capabilities,
terminology encoding, data validation and query management. SyMetric
Sciences is also a contract research organization offering clinical data
management services including web-based data collection and biostatistical
expertise to the pharmaceutical and biotechnology industries. For more
information, contact Robert Major, (514) 935-4562, major@symetric.ca,
or visit the website at www.SyMetric.ca.
About Net Nanny Software International Inc.
Net Nanny Software International Inc., a publicly traded company (OTCBB:
NNSWF), (CDNX: NNS) with headquarters and subsidiaries in the United States
and Canada, specializes in Internet safety and computer security products
for both the home and enterprise markets. The Company's award-winning
Internet safety product, Net NannyÒ, and patented strong user authentication
technology, BioPassword®, address the growing need to control access to
mission-critical computer data and give users the freedom to choose options
that match their individual needs and value system. For more information
on the Company and its products, please visit www.netnanny.com, www.biopassword
.com or call (425) 378-3203.
#####
On behalf of the Board of Directors
Net Nanny Software International Inc.
"Gordon A. Ross"
Chairman and CEO
Note to Readers: Statements in this news release looking forward in time
involve risks and uncertainties, including the risks associated with the
effect of changing economic conditions, trends in the development of the
Internet as a commercial medium, market acceptance risks, technological
development risks, seasonality and other risk factors.
The Canadian Venture Exchange has not reviewed and does not accept responsibili
ty for the adequacy or the accuracy of this Press Release.
For More Information Contact Dawn Van Zant at dvanzant@investorideas.com
or Trevor Ruehs at truehs@investorideas.com Call Toll Free 888 889 9212
Great BioPassword article
http://www.insideprivacy.com/bio.htm
WWW.biopassword.com
The EUO news looks good!!
A machine that does both jobs is what the airports need!!!IMO