_I_ am not joking on this April Fools' day. I picked it up from a stock website. @@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@ Wednesday April 1, 11:00 am Eastern Time Company Press Release SOURCE: Meganet Corporation Meganet Corporation Ships Virtual Matrix Encryption Nationwide; New $1.2 Million Challenge Begins Today LOS ANGELES, April 1 /PRNewswire/ -- Meganet Corporation, who challenged Microsoft (Nasdaq: MSFT - news), Intel (Nasdaq: INTC - news), Dell (Nasdaq: DELL - news), AT&T (NYSE: T - news), NCR (NYSE: NCR - news) and many other high tech companies with their unbreakable encryption is shipping VME98 nationwide. As of today, April 1st, 1998, anyone in the continental United States of America can buy VME98 directly from the Meganet web site at http://www.meganet.com. Prices for the standard edition are only $100 for a fully operational application. After 12 months of Research & Development, Meganet Corporation completed 21 different commercial versions of VME98 last month, and the product is now being sold nationwide through the World Wide Web. Virtual Matrix Encryption is the strongest encryption available today, and the product is available ONLY in the United States of America. For the time being, there are no sales in any other countries, though Meganet Corporation is considering applying for an export license. Meganet Corporation also keeps on working on standardizing VME with the different standards committees. Meganet Corporation is also launching their 3rd challenge which is worth $1.2 million over the next 12 months. Starting today, and for the next 12 months, Meganet Corporation will post a monthly $100,000 challenge for registered users of VME98. This new challenge shows Meganet Corporation has absolute confidence that VME98 is completely unbreakable. Today's date also marks 1 year from the first 1 million dollar challenge that brought Meganet Corporation nationwide recognition. The challenge lasted 45 days and over 55,000 people participated. None have succeeded. Today also marks the end of the second challenge which lasted over 6 months, where Meganet Corporation challenged the top 250 corporations in the U.S. to test and break VME97. None have succeeded. The challenge solution will be posted on the Meganet web site at http://www.meganet.com. Meganet Corporation has a U.S. patent pending for VME. The technology uses a new field of encryption and a new algorithm to encrypt data that is completely different from any existing method. VME is the only algorithm that does not encrypt the data or transfer it. By comparing the data to a random built-in Virtual Matrix, a system of pointers is being created. These pointers are meaningless outside the context of the matrix they belong to, while being repeatedly encrypted in a plethora of algorithms. Even in the unlikely event that the algorithms are compromised, the set of pointers discovered is completely unrelated to the original data, and there is no way to derive the original data out of the pointers set. The Virtual Matrix encryption enables the world's first and only unbreakable encryption. More information about Meganet Corporation and the Virtual Matrix Encryption can be found at http://www.meganet.com. SOURCE: Meganet Corporation More Quotes and News: AT&T Corp (NYSE:T - news) Dell Computer Corp (Nasdaq:DELL - news) Intel Corp (Nasdaq:INTC - news) Microsoft Corp (Nasdaq:MSFT - news) NCR Corp (NYSE:NCR - news) Related News Categories: ISDEX, computer hardware, computers, internet, semiconductors, software, telecom, telecom Hel - Igor.