JAWS Technologies Acquires International Intellectual Property Rights and Trade Marks for XMAIL from British Telecom

Business Wire, June 9, 1999

CALGARY, Alberta--(BUSINESS WIRE)--June 9, 1999--

JAWS Technologies Inc. (OTC BB:JAWZ) a provider of the best in information security technologies and practices, announced today that the company has acquired the intellectual property rights and trade marks for XMAIL. JAWS purchased the rights to the fully registered XMAIL name from British Telecom for an undisclosed amount.

"The XMAIL brand and international trade mark was important to the release of our world mass market product JAWS XMAIL. Consistent with the theme of this product `Trust No One', this powerful email security and encryption product needed an international name and brand that will be recognizable for years to come," states Robert Kubbernus, CEO, JAWS Technologies Inc. "British Telecom believed in our approach and understood the importance of this initiative allowing JAWS to acquire the rights from them. Its one thing to have an incredibly strong or powerful product but to also control an international brand name helps ensure market ownership."

JAWS XMAIL is a powerful email encryption solution addressing the vulnerabilities of insecure email transactions. The JAWS XMAIL solution is a unique combination of strong encryption technology (4096 bit) integrated with enhanced certificate management to create secure email messaging. The official product launch of JAWS XMAIL is June 9, 1999.

About JAWS Technologies

JAWS Technologies, Inc. (OTC BB:JAWZ) is dedicated to the development and integration of information risk management strategies for secure business practices on a global scale. JAWS Technologies offers an extensive security consulting practice that addresses explicit business requirements. The JAWS IT Security Practice, performed by a team of high caliber security experts, encompasses a robust series of IT audit routines. JAWS Technologies is at the forefront of the security industry with uncompromised security technologies. The sophistication of proprietary security technology solutions coupled with leading edge packaged encryption software products provides JAWS clients fast, strong and easy-to-use security management tools.

For more information, visit the JAWS web site at www.jawstech.com

Forward-looking statements and comments in this press release are made pursuant to safe harbor provisions of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the companies to complete the transaction and enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.