U.S. Department of Defense sanitizing standard now available in an
affordable and easy to use web-based application
Company asks IT consumers, 'Wonder what happens to the data on the hard
disk drive of your retired personal computer? Think deleting files or
reformatting the drive removes sensitive personal information?
Think again!'
HIGHTSTOWN, N.J., Nov. 17, 2003 (PRIMEZONE) -- WindsorTech, Inc, (OTCBB:WSRT) a Data Security and Environmental Compliance service company, has launched EraseYourHardDrive.com(tm), a patent-pending, hard disk drive erasure tool for the individual and SOHO (small office/home office) personal computer markets. The launch news is expected to be carried by WCAU NBC Channel 10, Philadelphia, who is further expected to put the story on the nationwide network feed. WCAU serves over 2.6 million households in the nation's fourth largest market.
EraseYourHardDrive.com is a Department of Defense (DOD) compliant hard disk drive sanitation application which virtually eliminates any risk of consumer identity theft from end-of-life computer storage media. EraseYourHardDrive.com is delivered easily over the internet to consumers and small businesses in a single-use license purchased for $23.95. The company intends to market EraseYourHardDrive.com direct to consumers and via partnership with the nation's PC retailers and distributors.
Studies completed in July 2003 by both the Gartner Group and Harris Interactive indicated that as many as 7 million individuals were victims of identity theft in the previous 12 months.
Marc Sherman, President and CEO of WindsorTech discussed the product launch: "Identity theft is reaching epidemic proportions. Increasingly, personal information such as Social Security numbers, credit card numbers and bank information is being recovered from discarded, sold, or donated personal computers. EraseYourHardDrive.com was developed as an easy to use, affordable, web-based hard drive erasure tool for any one concerned with the security of their data. With more than 150 million disk drives having been retired from primary service in 2002, we see a potential market in excess of $3 billion. Ultimately, we anticipate the joint marketing of EraseYourHardDrive.com to include the nation's leading PC retailers and distributors."
Mr. Sherman continued: "The reuse of IT equipment through resale or charitable donation is a very positive practice, increasing the supply of affordable technology both domestically and worldwide. Reuse of the equipment also prevents lead, cadmium, and arsenic, and other EPA-regulated toxins resident in every piece of IT equipment from polluting our landfills."
"However," warned Mr. Sherman, "there is a very sobering potential downside to the reuse of IT equipment. The reuse of millions of computers each year creates millions of potential instances where personal and/or corporate information still residing on the hard disk drive is released into the secondary market. In the wrong hands, that personal information can create havoc. Considering that perpetrators of identity theft use 'dumpster-diving' and 'trash-picking', digitally rummaging through an improperly secured PC offers a far easier process for their particular brand of larceny. We feel certain that consumers will prefer to invest $23.95 for a copy of EraseYourHardDrive.com, rather than spending approximately $3,000 and 12 months that the typical identity theft victim spends undoing the damage."
EraseYourHardDrive.com is the first consumer product offered by WindsorTech, Inc. and is patent-pending.
About WindsorTech, Inc.
WindsorTech, Inc. is a Data Security and Environmental Compliance Service company offering data security/erasure, environmental compliance, IT asset management consulting, and remarketing services to corporate, public and academic customers. The company offers solutions to the legislative mandates for consumer privacy under HIPPA (Health Insurance Portability and Accountability Act of 1996) and GLBA (Gramm-Leach-Bliley Act) as well as the corporate asset tracking provisions of Sarbanes-Oxley Act of 2002. For more information, visit our website at www.windsortechinc.com.
Statements about WTI's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. WTI intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and WTI's actual results could differ materially from expected results. WTI undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.