KELOWNA, British Columbia, April 15, 2002 (PRIMEZONE) -- Secure Enterprise Solutions Inc. (the "Company") (OTCBB:SETP) is very pleased to announce that it has made an initial cash payment to Edgetech Services Inc. as part of a payment schedule to fully acquire Edgetech Services Inc.
Chris Bunka, CEO of Secure Enterprise Solutions, said: "We are proud to have purchased an initial stake of Edgetech Services Inc. and excited about continuing the process of acquisition of this outstanding company. The team at Edgetech are among the finest and most capable we have ever had the pleasure of working with."
Tae Ho Kim, Co-Founder and Vice-President of Edgetech, said: "We are very excited about our ongoing relationship with Secure Enterprise Solutions and look forward to our bright future together. The synergies between our mutual companies is extraordinary and the market has responded tremendously to our new venture."
Secure Enterprise Solutions has the right to purchase 100% of Edgetech Services through a series of payments.
Secure Enterprise Solutions is rapidly assembling one of the most exciting security-focused companies in the world. It has recently announced partnerships with leading security providers such as BioID AG of Germany; Baltimore Technologies of England; and International e-Business Platform Corporation of New Jersey.
The Company intends to offer a full suite of security audits, installations, integrations, and management products and services both through proprietary internal and licensed technology, and through its world-class partners. Secure Enterprise Solutions is targeting primarily mid-sized and large corporations and government organizations as potential clients of its products and services.
Secure Enterprise Solutions also announces that Edgetech has recently completed its first security audit for a client and is actively engaged in discussions with a variety of potential clients.
The Company confirms that it is currently engaged in other partnering and acquisition discussions and will release additional information on these and other matters as available.
For corporate information contact Chris Bunka, CEO 250-765-6424, or chris.bunka@weprovidesecurity.com or examine the Website at www.weprovidesecurity.com
This press release includes forward-looking statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Inherent risks and uncertainties could cause actual results to differ materially from the forward-looking statements. Such risks and uncertainties are described in the periodic reports the Company files with the Securities and Exchange Commission. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release.