For Immediate Release: For More Information Contact:
April 2, 2002 ECON Investor Relations, Inc.
Toll Free: 888-889-9212
NET NANNY SIGNS ON FOR ELEMENT 5 E-SALES SOLUTION TO FURTHER EXPAND EUROPEAN
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
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 firstname.lastname@example.org
or Dawn Van Zant email@example.com or Call Toll Free 888.889.9212