TAMPA, Fla., Jan. 8, 2003 (PRIMEZONE) -- Global Assets & Services, Inc. (OTCBB:GAST) today announced that ARINC Engineering Services, LLC of Annapolis, MD has signed a non-exclusive contract with Global's teaming partner, GeoSystems, Inc. to market Focus Systems C4 encryption software with chaos theory technology.
Under the contract, ARINC is licensed to distribute Focus Systems C4 software products to a range of end users in the national defense sector and other markets.
ARINC serves a range of network customers in government, transportation, aviation and other industries with mission-critical infrastructure. The C4 software suite can provide such end-users with highly secure connectivity across public or private networks including the Internet, wireless and cellular networks. The choice of encryption levels allows C4 technology to scale to match changing needs of users for years into the future, and across the entire information transmission and storage arena.
"This is a great example of the power of our Omnibus contract, which streamlines the marketing of C4 software to vertical markets through industry leaders, allowing them to use existing relationships, reputations and sales forces to distribute C4 software to end users," said Bert Cutler, Global Assets & Services President.
About C4 Encryption Security Software
The Focus System's C4 product suite delivers world-class encryption protection and speed with selectable 8-bit to 65,536-bit encryption. This is more advanced than technology based on 128-bit encryption which is generally available. The C4 architecture adds another level of security with chaotic signal technology, and a key of variable length, allowing primary and secondary encryption speeds at an average of 480 megabits per second, depending on hardware platform. In addition to its high speed, C4 technology has JAVA compatibility which enables it to be used on multiple operating platforms including IBM mainframes, Windows(r) 95 through XP, Unix, Linux, Windows CE and Palm operating systems. This open systems approach and high speed translate to wide application in broadband networks.
About ARINC
ARINC Incorporated is the world leader in transportation communications and systems engineering. The company develops and operates communications and information processing systems and provides systems engineering and integration solutions to five key industries: airports, aviation, defense, government, and surface transportation. Founded to provide reliable and efficient radio communications for the airlines, ARINC is headquartered in Annapolis, Maryland, with over 3,000 employees worldwide. ARINC is ISO 9001 certified. For more information, visit the ARINC web site at www.arinc.com.
About Global Assets & Services
Global Assets & Services, Inc. (OTCBB:GAST) is a royalty-based technology transfer company that pursues cutting-edge proprietary technologies and emerging opportunities in the United States and internationally, with the goal of facilitating their marketing and development. For more information, visit Global's web site at http://www.globalaas.com/.
About Focus
Focus Systems Corporation (www.focus-s.com) is an independent software company founded in 1977 and publicly listed on the Tokyo JASDAQ Market (Code number: 4662). Focus is a leader in commissioned software development, systems maintenance and management, and recently encryption and security software. Focus Systems Corporation has been heavily involved in the development of software for the telecommunications field. This involvement has led to research into information security issues and the recent development of encryption systems. For more information, visit Focus's web site at http://www.focus-s.com/
About Geosystems
GeoSystems, Inc. is an Information Technology company that sells, installs and maintains telephone and data networking equipment as well as teaches certified Avaya and Cisco classes. GeoSystems is focusing their efforts on applications development for the U.S. arena, marketing and selling the C4 product line in addition to their existing products and services. GeoSystems has assembled an experienced management team that has extensive military backgrounds and expertise in both the Government and commercial information technology and telecommunications fields.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.