Released on: April 8, 2008, 11:30 pm

Press Release Author: Abaca technology Corporation

Industry: Internet & Online

Press Release Summary:
Today's spam filters are not accurate and spam volumes are increasing rapidly. This
will cost $42 billion for US alone. Spammers are using more innovation technology to
send spam mails & Today's spam filters are blocking only 80% of spam mails.

Register for a complimentary Webinar conducted by Abaca and Ferris research to know
more about the spammers behind the black market

Press Release Body: Ferris Research and Abaca Technology Corporation hold Anti-Spam
Webinar

When: April 16, 2008, at 11:00 a.m. Pacific Time (2:00 p.m. Eastern Time)
What: Topic - Why Today's Spam Filters Fail
Spam isn't just a big nuisance; it's big business as well. So why is spam persisting?
Ferris Research estimates that spam will cost $140 billion worldwide in 2008, of
which $42 billion will be in the United States alone. If you compare these numbers
with Ferris's 2007 estimates of $100 billion and $35 billion, you'll see that the
cost of spam has increased substantially over 12 months.
This webinar will address a number of issues relating to the proliferation of spam,
including:
* Who are the spammers behind this black market, and how do they operate so
successfully?
* A 95%, 96%, 97%, and even 98% spam catch rate sounds great to organizations being
inundated by spam. But is such a solution really as effective as it seems on the
surface?
* If the catch rate is too low to effectively eliminate spam, are we giving spammers
an economic incentive to continue their attacks?
* An effective solution should result in a measurable decline in spam-and that's not
what's happening worldwide. What's behind the delay?
* As spam volumes continue to grow, the need for a spam filter that consistently
achieves significantly more accurate filtering with very few and easily identifiable
false positives becomes more urgent. Is there such a solution available on the
market today?
* Recipient reputation appears to be a promising new tool in the fight against spam.
When incorporated into a system incorporating real-time centralized message rating,
it is projected that very high levels of accuracy can be achieved. What kind of
catch rate is possible?

Who: Speakers include:

Richi Jennings, Lead Analyst, Email Security Practice of Ferris Research
Richi is Practice Leader for spam and boundary services. His main interests are
Linux, security, spam, viruses (and other malware), large-scale enterprise
deployments, TCO, and wireless. Richi has been involved with messaging and
collaboration technologies since 1985. Previously, he was CTO at Samsung Contact,
where he helped launch Samsung\'s \"Exchange on Linux\" startup. Prior to that, he was
Chief Architect for OpenMail at Hewlett-Packard. Richi has a bachelor of science
degree in cybernetics and computer science from Reading University, England. In
addition to his role at Ferris Research, Richi is an independent technology and
marketing consultant specializing in email, Linux, wireless, and computer security.

Steve Kirsch, Founder and Chairman of the Board of Abaca Technology Corporation

Steve founded Abaca in 2005 with a vision to create the perfect email spam filter.
He has been involved with the Internet and high-tech companies for more than 27
years. Since the early 80s, Steve has founded four successful technology companies.
Prior to Abaca, he founded Propel Software, the leader in Internet and email
acceleration. Prior to that, he founded Infoseek Corporation, which was acquired by
Disney in November 1999. While at Infoseek, Steve was responsible for creating many
of the company\'s award-winning products, including the NetSearch service, Ultraseek
Server, Infoseek Express, GO Guides, and GO Auction. Steve\'s first start-up was
Mouse Systems Corporation. Afterward, he founded Frame Technology, which was
acquired by Adobe. Steve is also an active philanthropist and, with his wife,
Michele, started a $75 million foundation that donates to a wide variety of
charitable causes.


Where: To register for the webinar, please click on the link below.
http://www.surveymonkey.com/s.aspx?sm=LPFKkdkFwOYltiQZtM_2bttw_3d_3d

Upon completion of the registration page, you will receive information for accessing
the webinar.

We look forward to seeing you at the webinar.
To view company backgrounds:
About Ferris Research
Ferris Research is a San Francisco-based market and technology research firm focused
on messaging, content control, compliance, e-discovery, and data leak prevention.
Ferris's information service helps vendors understand the marketplace, and assists
corporate IS organizations with their technology planning. More information is
available at www.ferris.com or by calling +1 650-452-6215.

About Abaca Technology Corporation
Abaca Technology Corporation is an innovator in email protection and messaging
security. Abaca's patent-pending technology, ReceiverNetT, offers an advanced
approach in the fight against spam-providing unprecedented levels of accuracy and
guaranteeing 99 percent spam filtration. Abaca has created a portfolio of innovative
products and services based on this core technology, thereby assuring users
unparalleled messaging protection from spam as well as from viruses and phishing
attacks. Abaca is a privately held company headquartered in San Jose, California.
For more information about Abaca, please visit www.abaca.com.


Web Site:
http://http://www.surveymonkey.com/s.aspx?sm=LPFKkdkFwOYltiQZtM_2bttw_3d_3d

Contact Details: Donna Candelori
Candelori Communications Inc.
408-774-3414
dcandelori@candelori.com