Agate and Eutron Establish Alliance for Development and Marketing

Letter of Intent Signed to Explore Technology Integration



Apr 02, 2001, 01:00 ET from Agate Technologies, Inc.

    CERRITOS, Calif., April 2 /PRNewswire/ -- Agate Technologies, Inc.
 (OTC Bulletin Board:   AGTE) and Eutron today announced that they have signed a
 Letter of Intent to develop and market a new product based on Agate's
 Q. technology and Eutron's information security technology.  The alliance
 allows both companies to explore development activities that utilize secure
 data storage and mobility.  Included in this agreement is a provision for
 Eutron to market Agate's Q. USB storage device.
     "Agate and Eutron will work together in the coming months to define,
 develop, and market a product that moves both companies into new arenas of
 information mobility with absolute security," explains John Madigan, President
 and Chief Operating Officer for Agate.
     Michele Leidi, Director of Sales and Marketing for Eutron, echoes this
 confidence. "We are pleased to work with Agate to develop products that
 respond to market interest for secure data management and broaden the
 capabilities of Eutron's range of products."
     The companies intend to formalize this agreement in the second quarter of
 2001.  The Q is available from Eutron beginning in March 2001.
 
     About Agate's Q.
     Agate's Q. USB Hard Drive is a next generation flash memory plug and play
 storage product that plugs directly into a USB port, stores 16/32/64 megabytes
 of data, and does not require cables or power source. Q. shows up as a hard
 drive on the user's system, and the data stored there can be accessed --
 including running programs -- as on any other drive.  Compact and lightweight
 with no moving parts, the Q. can be put into a pocket or on a key ring and can
 be used on any other USB-compatible system.
 
     About Agate Technologies, Inc.
     Agate Technologies, Inc. pioneered hot swapping to IDE peripherals and
 continues to spearhead the move towards a new paradigm in data availability
 and security.  As a premier designer, developer, and marketer of mobile data
 storage and management, Agate is committed to delivering breakthrough
 technology solutions that give users accessibility, mobility, and security of
 data that are cost-effective and user-friendly.  Agate has been licensing hot-
 swap technology to various OEMs since 1997, including HP, NEC, and Siemens.
 Contact us at: Agate Technologies, Inc., 16000 Carmenita Road, Cerritos, CA
 90703, 1-800-98-AGATE, http://www.agatetech.com .
 
     About Eutron
     Eutron is one of the world's leading company for the development of
 Internet and Software Security solutions, which include among the others USB
 tokens for user identification, strong authentication, encryption, secure
 certificate storage, digital signature, software protection, PC access
 control, Internet usage restriction.  Our devices are installed on over
 500,000 personal computers and are chosen by a large number of customers
 worldwide to protect the intellectual property of the software/data, ensure
 privacy of confidential information and guarantee secure Internet access and
 use.  Eutron is headquartered in Northern Italy, with subsidiary offices in
 the Netherlands.  Contact us at:  Eutron S.p.A., Via Gandhi 12, I-24048
 Treviolo (BG), Phone: +39-035-697011. http://www.eutron.com .
 
     Some statements in this release may be "forward-looking statements," and
 as such may include risks and uncertainties that could cause actual results to
 differ from those in the forward-looking statements.  Factors that could cause
 or contribute to such differences include, but are not limited to; factors
 detailed in the company's latest 10Q filings with the SEC.
     Agate and Q. are trademarks or registered trademarks of Agate
 Technologies, Inc.
     Eutron is a trademark or registered trademark of Eutron Company.
 
     For more information, contact:  Corporate Communications, Carol Wipperman,
 1-800-98-AGATE, or cwipperman@agatetech.com , or Public Relations, Himanshu
 Patel, 847-955-0700, or hpatel@sspr.com , both of Agate Technologies, Inc.; or
 Marketing Dept., Daniela Previtali of Eutron Spa, 011-39-035697077, or
 dprevitali@eutron.com .
 
 

SOURCE Agate Technologies, Inc.
    CERRITOS, Calif., April 2 /PRNewswire/ -- Agate Technologies, Inc.
 (OTC Bulletin Board:   AGTE) and Eutron today announced that they have signed a
 Letter of Intent to develop and market a new product based on Agate's
 Q. technology and Eutron's information security technology.  The alliance
 allows both companies to explore development activities that utilize secure
 data storage and mobility.  Included in this agreement is a provision for
 Eutron to market Agate's Q. USB storage device.
     "Agate and Eutron will work together in the coming months to define,
 develop, and market a product that moves both companies into new arenas of
 information mobility with absolute security," explains John Madigan, President
 and Chief Operating Officer for Agate.
     Michele Leidi, Director of Sales and Marketing for Eutron, echoes this
 confidence. "We are pleased to work with Agate to develop products that
 respond to market interest for secure data management and broaden the
 capabilities of Eutron's range of products."
     The companies intend to formalize this agreement in the second quarter of
 2001.  The Q is available from Eutron beginning in March 2001.
 
     About Agate's Q.
     Agate's Q. USB Hard Drive is a next generation flash memory plug and play
 storage product that plugs directly into a USB port, stores 16/32/64 megabytes
 of data, and does not require cables or power source. Q. shows up as a hard
 drive on the user's system, and the data stored there can be accessed --
 including running programs -- as on any other drive.  Compact and lightweight
 with no moving parts, the Q. can be put into a pocket or on a key ring and can
 be used on any other USB-compatible system.
 
     About Agate Technologies, Inc.
     Agate Technologies, Inc. pioneered hot swapping to IDE peripherals and
 continues to spearhead the move towards a new paradigm in data availability
 and security.  As a premier designer, developer, and marketer of mobile data
 storage and management, Agate is committed to delivering breakthrough
 technology solutions that give users accessibility, mobility, and security of
 data that are cost-effective and user-friendly.  Agate has been licensing hot-
 swap technology to various OEMs since 1997, including HP, NEC, and Siemens.
 Contact us at: Agate Technologies, Inc., 16000 Carmenita Road, Cerritos, CA
 90703, 1-800-98-AGATE, http://www.agatetech.com .
 
     About Eutron
     Eutron is one of the world's leading company for the development of
 Internet and Software Security solutions, which include among the others USB
 tokens for user identification, strong authentication, encryption, secure
 certificate storage, digital signature, software protection, PC access
 control, Internet usage restriction.  Our devices are installed on over
 500,000 personal computers and are chosen by a large number of customers
 worldwide to protect the intellectual property of the software/data, ensure
 privacy of confidential information and guarantee secure Internet access and
 use.  Eutron is headquartered in Northern Italy, with subsidiary offices in
 the Netherlands.  Contact us at:  Eutron S.p.A., Via Gandhi 12, I-24048
 Treviolo (BG), Phone: +39-035-697011. http://www.eutron.com .
 
     Some statements in this release may be "forward-looking statements," and
 as such may include risks and uncertainties that could cause actual results to
 differ from those in the forward-looking statements.  Factors that could cause
 or contribute to such differences include, but are not limited to; factors
 detailed in the company's latest 10Q filings with the SEC.
     Agate and Q. are trademarks or registered trademarks of Agate
 Technologies, Inc.
     Eutron is a trademark or registered trademark of Eutron Company.
 
     For more information, contact:  Corporate Communications, Carol Wipperman,
 1-800-98-AGATE, or cwipperman@agatetech.com , or Public Relations, Himanshu
 Patel, 847-955-0700, or hpatel@sspr.com , both of Agate Technologies, Inc.; or
 Marketing Dept., Daniela Previtali of Eutron Spa, 011-39-035697077, or
 dprevitali@eutron.com .
 
 SOURCE  Agate Technologies, Inc.