Industry & Markets

The Company's products are designed to provide security to the computer and internet markets, initially focusing on the Consumer market.

Currently the number of global PC users is approximately 660 to 670 million with over one-third of these estimated to be in North America. The Global market is expected to exceed 1 billion units by 2010 with the North American market growing by approximately 60 million PC's per year.

Internet usage on these PC's in North America is estimated at 229 million users with this market growing at an annual rate of approximately 18%. Worldwide, internet usage exceeds 1 billion users with this market growing at over 30% per year

The Internet has become an appealing place for criminals to obtain identifying data, such as passwords and banking information. In their haste to explore the exciting features of the Internet, many people respond to "spam", unsolicited E-mail, that promises them some benefit but requests identifying data, without realizing that in many cases the requester has no intention of keeping his promise

In other cases, criminals reportedly have used computer technology to 'hack' into computers and obtain large amounts of personal data. Severe financial damage has been caused by these security breaches. This identity theft is a crime which many computer industry observers are predicting will continue to be a major problem

In response to the above, demand for computer security devices is huge. With the public's increasing obsession with privacy and security the timing is right for a product having the Company's attributes.

Increasing use of the Internet coupled with growing consumer acceptance of Internet commerce set the stage for dynamic growth in the computer security field.