Tuesday, October 05, 2010 7:48:33 AM
CLEARWATER, FLORIDA, Oct 5, 2010 (Marketwire via COMTEX) -- US Wireless Online,
Inc. (PINK SHEETS:UWRL) (www.uswirelesscorporation.com) management is pleased to
inform the public of a new merger candidate: a Canada-based encryption software
manufacturer named Encrypt Stick(TM)
EncryptStick(TM) software turns any Flash Drive into a portable Digital Privacy
Manager (DPM). The Digital Privacy Manager allows any user to easily protect,
secure and manage their sensitive digital files and protect their personal
identity from being stolen.
Encrypt Stick(TM) uses the world's strongest and fastest encryption algorithm,
512 bit polymorphic encryption, to protect personal electronic data and
information including online banking information, login ids and passwords. There
have been over 4 million worldwide downloads of the encryption algorithm, and it
has never been compromised in any way.
Consumers can download and run EncryptStick(TM) software from their own flash
drive, or purchase a preloaded 4 GB flash drive from the company.
EncryptStick(TM) software makes proprietary data, personal files, and entire
applications impossible to access, guaranteeing the security of one's
intellectual property even if it is on a laptop or computer that is lost,
stolen, hacked or broken. The software is compatible with both PC and Apple
platforms.
In addition to this unheralded level of protection against data theft and all
types of viruses, a password management tool lets users organize their passwords
in one secure place and access them without fear that those passwords can be
stolen. A military wipe function will permanently delete any file from any
computer.
UWRL is intrigued by the great promise shown by this company, particular
considering the current worry about online threats and intellectual property
theft in business and academic circles. UWRL management and its M&A firm have
worked hard to secure interest in this company and to obtain permission for the
disclosure of the targeted company. Henceforth UWRL management respectfully
requests its shareholders and followers not to contact any representative of
EncryptStick(TM) until the transaction is complete.
Jeff Alan, IR for UWRL said, "Just so that our followers are clear on the
process, UWRL is working hard with its solicitors to complete the Adequate
Disclosure for OTC Markets which should be filed shortly. Hopefully this will
lift the caveat rank from the UWRL quote. Moreover, merger opportunities are
presented to various compatible issuers and each issuer bids for acquisition of
the assets, and in no way does this constitute a "done deal" until such time
that all the paperwork is completed."
UWRL will keep shareholders informed as this merger process continues.
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