email protection and messaging security, and Terra, one of the largest Internet company in Latin America, announced today that Abaca has been selected as the sole anti-spam solution for their 12 million customers in Latin America and the United States.

"Abaca's revolutionary technology is designed to scale seamlessly, enabling large service providers and carriers to protect up to hundreds of millions of email users from spam, virus and phishing attacks," said Leo Jolicoeur, CEO of Abaca Technology Corporation. "Abaca's breakthrough approach to email security based on receiver reputation provides the ISP market with unsurpassed accuracy, scalability and freedom from ongoing tuning and administration. The system actually becomes more accurate and intelligent as more email recipients are added to the Abaca Network. These capabilities make Abaca the obvious email security partner for ISPs that need to protect sizeable communities."

"As the leading Latin American Internet company, we have established very high standards for our network and deliver the best experience for our customers," said the director of technology of Terra in Latin America, Marco Schilling. "Their remarkable performance, combined with Abaca's scalability and flexibility guaranteed the performance we were looking for."

Terra will introduce the Abaca solution to their customers in Latin America and the United States over the next few months. By fall 2008, all 12 million Terra Latin America email customers will be protected by Abaca.

About Terra Latin America

Terra, one of the largest Internet Company in Latin America, is present in 18 countries, including the United States, and has approximately 58 million unique visitors per month; 8 million unique users per month use Terra TV (http://terratv.terra.com.br), with an average of 55 million streamings.

Terra reported net revenue of €300 million in 2006, with portals in Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, United States, Guatemala, Honduras, Mexico, Nicaragua, Panama, Peru, Puerto Rico, Dominican Republic, Uruguay and Venezuela.

About Abaca Technology Corporation

Abaca Technology Corporation is an innovator in email protection and messaging security. Abaca's next generation technology, ReceiverNet™, offers a revolutionary approach in the fight against spam -- providing an unprecedented level of performance and guaranteeing a minimum of 99 percent accuracy. Abaca has created a portfolio of advanced products and services based upon this core technology, thereby assuring users unparalleled messaging protection from spam, as well as viruses and phishing attacks. Abaca is a privately held company headquartered in San Jose, California.

Information Source:    Marketwire