Advanced Encryption Technology of America, Inc. Signs Multi Year OEM Agreement With Dynasty Components, Inc.|
LONG BEACH, Calif.--(BUSINESS WIRE)--Oct. 13, 1998--Steven Fox, President, Advanced Encryption Technology of America, Inc. (OTC BB: AETI - news) today announced the signing of an OEM bundling agreement between Dynasty Components, Inc. (Optes Computer Systems Division) and AETI. Optes will incorporate a customized version of AETI's flagship product, ''AccessDenied'', into its line of Secure PCs and Secure Servers.
Chris Egner, Vice President of Business Development for Dynasty Components stated that, ''This new business relationship reflects Optes' ongoing commitment to deliver top-notch security solutions to the corporate world. By incorporating AETI's new ''Phantom Drive'' technology into Optes' ''Business Security System'' and ''Private Office Security System'', we are able to offer one of the most comprehensive security solutions available at both the PC and Server levels.'' Mr. Egner continues to say that, ''the ''Phantom Drive'' technology from AETI is the perfect compliment to the existing security systems offered by Optes, which include several levels of security available on our PC and Server platforms.''
''This new business relationship with Dynasty Components, Inc. reflects AETI's commitment to deliver state of the art solutions to the corporate world. With the signing of this agreement, we expect volumes of 5,000 plus units over the first twelve months, with the first 250 units being shipped in 30 days. This agreement alone will provide AETI with over $500,000 in upgrade revenues'', stated Mr. Fox.
Optes Computer Systems is a world wide leader in Secure PC and Secure Server systems for small business and home office users, as well as large corporate customers, government departments, educational institutions and hospitals. Optes manufacturers a full line of high quality, stand alone personal computers, network computers and servers that ship complete with comprehensive hardware and software security systems fully integrated and ready to use. Optes' computers offer several levels of security which include personal and business firewalls, anti-virus protection, Virtual Private Networks (VPNs), and a whole range of physical security, loss prevention or detection security, and access control systems.
Optes Computer Systems is a division of DCI (TSE: DCI - news). DCI undertakes marketing and distribution of a vast array of high-technology products and services to design engineers and OEMs (Original Equipment Manufacturers). DCI's four main business units include the Representative Group, Distribution Group, Value-Added Services and R&D. For further information visit DCI''s web site at www.dynasty.ca/corporate.
Advanced Encryption technology Inc. is a developer, manufacturer, licenser/licensee and supplier of cryptographic software and hardware solutions to militaries, governments, Fortune 500 customers, and consumers. The company's AccessDenied Suite of products capitalizes on leading edge smartcard and software technology, which presents customers with cost-effective, high performance data security solutions. AET continues to be a leader in the cryptographic field with its technology advancements.
Advanced Encryption technology Holdings has sales offices in Mississauga, Ontario: Ottawa, Ontario: Long Beach, California, and Arnhem, the Netherlands.
News and information are also available on the World Wide Web at aeti.com.
Advanced Encryption Technology of America, Inc.
Steve Fox, 888/292-2384
Advanced Encryption Technology Holdings, Inc.
Ken Andruski, 905/848-3666
Brokers and Analysts:
Columbia Financial Group, Inc. 888-301-6271.