Erik Laykin, President and founder of Online Security, is one of the key authors of The Life and Death of a DOTCOM in China, published in Hong Kong last week. The book focuses on the effect the Internet “boom” has had on China’s State enterprise world, the country’s cash reserves, its regulatory structure, and the nature of alliances between State enterprises and officialdom.

Mr. Laykin was asked to contribute to the project after addressing the American Chamber of Commerce (AMCHAM) in Hong Kong on “Cyber-Terrorism in the Financial Sector.” He will soon depart the United States for Shanghai, Beijing, Singapore and Hong Kong on a three-week promotional tour for the book.

“I am honored to have contributed to this project which is the definitive blueprint for establishing a dot-com business in China,” Laykin said. “Hopefully I have conveyed to investors, the legal community and the business sector the types of security and privacy issues that are inherent to the open architecture of the Internet, and in many instances unique to Asia. This knowledge will save new businesses countless hours of management time and millions of dollars.”

Each of the authors of The Life and Death of a DOTCOM in China is a recognized expert and global authority in a different field related to conducting business in Asia. While on one level a gripping narrative, chronicling a fictitious company dot-com start-up from its torturous creation to its slow, painful death; the book is also a comprehensive legal and business guide, and the first-ever detailed account of Internet investment in China.

“After the recent dot-com shakeout out in the United States, The Life and Death of a DOTCOM in China is an insightful prelude to the steps necessary for establishing a secure and profitable E-Commerce operation in Asia,” James Gordon, CEO of Online Security said.

In addition to the book, Online Security has recently assisted in efforts to combat Internet crime in East Asia by consulting with the Hong Kong Police Department’s Computer Forensics Task Force and the Hong Kong Trade Development Council.

Domestically, on November 8th, OnlineSecurity released its “iProtectÔ Anti-QAZ.Worm,” a highly specialized program that protects corporate and government computer networks against the vicious QAZ.Worm. The virus, also known as the "Chinese Worm,” was first discovered in China in July 2000, and was recently found by the Federal Bureau of Investigation to have reportedly infected Microsoft Corporation (NASDAQ: MSFT) in a widely reported hacking incident which ranks among the most daring Cyber Terrorism attacks ever.

Online Security’s sister company, OnlineLabs, recently developed websites for Shanghai Tang, a high-end department store based in Hong Kong with locations opening worldwide, as well as for the Hong Kong Tourist Association. Since 1992 OnlineLabs has established working relationships with leaders in the business community such as Warner Brothers, Columbia/Tristar, Toyota and OralB.

About Online Security:

Online Security, established in 1997, is a global leader in investigating high technology and Internet crimes and providing for the online protection of corporate and government assets. The company’s services include implementing state of the art network security, investigating Internet and digital thefts and frauds, and in providing high-technology litigation support.

The company pioneered the specialty of “Internet Investigations,” and has full-fledged investigative and forensic practice dedicated to the investigation and protection of digital and online assets. Online Security is developing a suite of products that allow corporations to track and monitor the illegal or improper sale of their online products. These products will enable owners of trademarks, services marks, copyrights and trade secrets, to take a pro-active role in protecting their intellectual property by identifying and locating potential infringement on the Internet. Online Security, through its iProtect Product group, has also developed proprietary methodologies for the identification and tracking of cyber squatters. Online Security’s clients include international law firms, corporations and high technology companies. Additional information about OnlineSecurity is available through its web site at http://www.OnlineSecurity.com, or by email at Laykin@OnlineSecurity.com.

For editorial information please contact

Laykin Communications

Ms. Linda Ekwego

Tel: (852) 2972.2929

Fax: (852) 2577 5817

E-mail: group@onlinesecurity.com

For product information please contact

OnlineSecurity / OnlineLabs, Inc.

Ms. Sharon Balot (x214)

Tel: (310) 470 7833

Fax: (310) 470 2437

E-mail: sharon@onlinelabs.com