Todd - Plato: More PLRP news:
PACEL Corp.'s e-Centurion Stops W32/Sircam Virus In Its Tracks
MANASSAS, VA--(INTERNET WIRE)--Aug 02, 2001-- David E. Calkins, president and CEO of PACEL Corp. (OTC BB: PLRP) announced today that the company's e-Centurion security product completely prevented the devastating W32/Sircam virus from executing during extensive testing over the past week.
CW32/Sircam is malicious code that spreads through email and potentially through unprotected network shares. Once the malicious code has been executed on a system, it may reveal or delete sensitive information. Users who receive copies of the malicious code through electronic mail might recognize the sender.
The email message will contain an attachment whose name matches the subject line and has a double file extension (e.g. subject.ZIP.BAT or subject.DOC.EXE). The CERT/CC has confirmed reports that the first extension may be .DOC, .XLS, or .ZIP. Anti-virus vendors have referred to additional extensions, including .GIF, .JPG, .JPEG, .MPEG, .MOV, .MPG, .PDF, .PNG, and .PS. The second extension will be .EXE, .COM, .BAT, .PIF, or .LNK. The attached file contains both the malicious code and the contents of a file copied from an infected system. When the attachment is opened, the copied file is extracted to both the %TEMP% folder (usually C:\WINDOWS\TEMP) and the Recycled folder on the affected system. The original file is then opened using the appropriate default viewer while the infection process continues in the background. (Source: CERT/CC)
"We are very pleased to further validate our claims that e-Centurion is a revolutionary product," stated Calkins. "Simply by using the default configuration for our product--protecting .exe and .bat files--we were able to stopW32/ Sircam cold. Without prior knowledge of the virus signature, e-Centurion prevented it from inserting itself into any of the user's folders or creating any files in order to execute. e-Centurion also protects the address book, soW32/ Sircam wasn't able to propagate through e-mail. When W32/Sircam isn't able to do its dirty work, it simply disappears. In effect, we killed it."
According to Calkins, a limited number of advance copies of e-Centurion will be available via Amazon.com and on the company website once outside testing is complete. "When a program is as powerful as e-Centurion, it must be extensively tested to ensure that it is as stable as possible," he explained.
The "Pacesetter" in Internet security, PACEL Corp. is a software development company headquartered in Manassas, Virginia, a suburb of Washington, D.C. Two subsidiary companies, EBStor.com and Fairfax Communications, Limited, provide Web and e-commerce solutions and goods and services to NATO, respectively. Further information about PACEL and its products will be found at www.pacel.com and at www.childwatch.com.
FORWARD-LOOKING STATEMENTS
When used in this document and in our filings with the Securities and Exchange Commission, in our press releases, or other public or shareholder communications, and in oral statements made with the approval of an authorized executive officer, the words or phrases "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," "or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to certain risks and uncertainties that could cause our actual results to differ materially from our historical results and those we presently anticipate or project. You should not place undue reliance on any forward-looking statements, which speak only as of the date made. Various factors could affect our financial performance and cause our actual results to differ materially from any opinions or statements we express with respect to future periods in any current statements. These factors include, but are not limited to, the following: increases in our operating expenses outpacing our revenues; our inability to expand our sales and distribution channels, the failure of strategic relationships to implement and protect our software products, the failure of third parties to develop software components necessary for the integration of applications using our software; and the use of our intellectual property by others.
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Contact:
Lisa B. Smith
PACEL Corp
703-257-4759
lbsmith@pacel.com
David E. Calkins
PACEL Corp
703-257-4759
investmore@pacel.com
