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Technology Stocks : EBIZ Does anyone know anything about this company? -- Ignore unavailable to you. Want to Upgrade?


To: justaninvestor who wrote (4)2/26/1998 12:35:00 PM
From: j.oil  Read Replies (1) | Respond to of 40
 
To all

Wednesday February 25, 9:00 pm Eastern Time

Company Press Release

SOURCE: E-Biz Solutions, Inc.

E-Biz Solutions Acquires Software Developer

CALGARY, Alberta, Feb. 25 /PRNewswire/ - E-Biz Solutions, Inc. (the ''Company'') announces that it has completed
the acquisition of Jaws Technologies, Inc. (''Jaws''), the owner and developer of a ground-breaking new encryption
software.

As a result of the acquisition and effective immediately, the Company has appointed the following new Board of
Directors: Mr. Rob Kubbernus, Mr. Cameron Chell, and Dr. C. J. Weinstein.

Also, Mr. Randy Larson has resigned as President of the Company. Mr. Robert Kubbernus has been appointed as the
new President, effective immediately.

Certain statements in the press release are ''forward-looking statements'' within the meaning of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements made by the company involve known and unknown
risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to
be materially different from the future results, performance or achievements expressed or implied by such
forward-looking statements. Such factors include, but are not limited to, risks associated with international operations,
dependence on governmental regulations, technological changes, intense competition and dependence on management.
Given these uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements. The
company disclaims anyobligation to forward-looking statements contained herein to reflect any change in the company's
expectation with regard thereto or any change in events, conditions, circumstances or assumptions underlying such
statements.

SOURCE: E-Biz Solutions, Inc.

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j.oil