Blue Steel and Netwinder Sign Memorandum of Understanding to Cooperate

Blue Steel Technology Inc. (BST) and Netwinder Inc. jointly announce the signing of an agreement to cooperate in product development and marketing. Blue Steel Technology Inc. (www.crbn.com) developed advanced infrastructure technology that takes a new approach to IT resource integration. Netwinder Inc. (www.netwinder.net) is a privately held corporation focused on the development of industry leading Internet edge computing networks. Netwinder leverages their expertise in Internet appliances and broadband network infrastructures to provide a complete small office server solution. The marriage of hardware (Netwinder) and software (Blue Steel) technologies will expand the 'defense in depth' available in server security to include back-end behavior-based protection, all in a turnkey package.

Blue Steel and Netwinder Sign Memorandum of Understanding to Cooperate

Ottawa, November 7, 2002 - Blue Steel Technology Inc. (BST) and Netwinder Inc. jointly announce the signing of an agreement to cooperate in product development and marketing. The agreement provides a framework under which both companies will proceed with cooperative efforts in the secure server market space. The marriage of hardware and software technologies will expand the 'defense in depth' available in server security to include back-end behavior-based protection, all in a turnkey package. The business and technology opportunities provided by the alignment of business efforts of both companies will address the growing demand of today's market place for more advanced and sophisticated security capabilities.

Greg Shostakovsky, President and CEO of BST, describes the agreement as very advantageous for both companies, and being an essential stepping stone in equipping today's defense, government and enterprise markets with never before available revolutionary security product.

Winston Morton, President & CEO of Netwinder Inc., acknowledges that mutual focus on the unfulfilled demands of the market provide a unique business opportunity. The addition of BST technology to the Netwinder platform will provide an unprecedented level of security, and advantages of mutual cooperation will greatly benefit the customers.

Blue Steel Technology Inc. (www.crbn.com) developed advanced infrastructure technology that takes a new approach to IT resource integration. This proprietary technology allows solving existing problems that can not be solved using traditional methods. Mastiff, the first of many revolutionary products, extends behavior based security control to the threshold of the disk. Blue Steel Technology Inc. is a privately held corporation.

Netwinder Inc. (www.netwinder.net) is a privately held corporation focused on the development of industry leading Internet edge computing networks. Founded in 2001 by an experienced team of technology entrepreneurs, Netwinder leverages their expertise in Internet appliances and broadband network infrastructures to provide a complete small office server solution as well as turnkey edge computing solutions for the application service provider market.

For contact information:
go to www.crbn.com
or call (613) 591-3688

Mastiff and netMastiff are trademarks of Blue Steel Technology Inc.
Netwinder is a trademark of Netwinder Inc.