TAMPA, Fla., June 18, 2003 (PRIMEZONE) -- Global Assets & Services, Inc. (OTCBB:GAST), announces today that Cybrix Solutions, LLC and Encode Software Corporation have agreed to provide national sales and marketing teams dedicated exclusively to the C4 software products. Cybrix Solutions, LLC and Encode Software Corporation will work closely with Global's teaming partner Cybrix Group, Inc at www.Cybrixgroup.com to establish the channels devoted solely to marketing the C4 software.
Introduction of C4 into the US market will be aided by the successes that C4 Technology, Inc, www.c4t.jp/english, the software's development company, has already achieved. Previous and current successes with C4 software include marketing and selling it to a growing list of major corporations in Japan. Acceptance of C4 in foreign markets lays the foundation for recognition in the US market. C4 Technology, Inc is an affiliate of Focus Systems Corporation. (http://www.focus-s.com)
About C4 Software
The C4 product suite delivers world-class encryption protection and speed with selectable 8-bit to 65,536-bit encryption. The C4 architecture adds another level of security with chaotic signal technology and a key of variable length. This allows primary and secondary encryption speeds at an average of 480 megabits per second depending on hardware platform. C4 is multi-platform and can be used for a variety of applications.
About Cybrix Solutions, LLC www.cybrixsolutions.com Employs experienced sales and marketing representatives in: -- Tampa & Sarasota, FL -- Denver & Colorado Springs, CO -- Rochester, NY -- Hartford, CT -- Louisville, KY -- Philadelphia, PA
Their staff has extensive professional experience in software sales and marketing, providing C4 instant exposure ranging from small business applications to support for Fortune 500 customers.
About Encode Software Corporation,
Encode has established representatives in:
-- Tampa, FL -- Huntsville, AL -- Boston, MA -- Atlanta, GA -- Philadelphia, PA -- Chicago, IL -- New York, NY -- San Francisco, CA
They bring knowledgeable sales professionals to the major functional markets within the United States.
These hubs provide Cybrix with a dedicated, nationally focused sales force that supplies a team of experienced sales professionals who will drive the promotion of C4 software products.
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. Visit Global's site at www.globalaas.com.
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