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BOOM's Privacy Policy Statement (PPS)

It has been our policy and priority to safeguard any information provided by our customers. We will strictly comply with the requirements of the Personal Data (Privacy) Ordinance. That means the internationally recognized standards of personal data protection will be followed or even exceeded where possible. It has been our commitment to train and enforce our staff to practise this Privacy Policy.

When you visit our web site, we record your visit only as a "hit" which will be used to prepare general statistics.

Throughout the website, only the necessary information for applications / enquiries will be collected, and the customers will be informed of the purposes and uses, possible transfer and disclosure and the right of access to and correction of the collected information on the respective screens. In order to ensure the security and confidentiality of personal data we collect, encryption techniques have been applied for data transmission. We will not collect any information from customers without notice.

Once we obtain customer's personal information, only the authorized staff will be permitted to access to that information, and it will not be revealed to any external organizations without customer's agreement unless it is required to do so by law . From time to time, we may send promotional materials regarding our products to customers according to the collected information. We will stop sending the materials to customers when they show us their preferences by writing or talking to us.

We will continuously assess ourselves to ensure that our customer privacy is properly respected and protected.


Site Security

While it is true that the internet does not provide an inherently secure environment for simple "surfing" or general email communications, intercepting messages sent over the internet is also NOT a simple task.

With the immense volume of traffic travelling via the internet and the usage of passwords and personal identification numbers (Key Codes), intercepting and deciphering specific messages requires sophisticated equipement as well as a great deal of knowledge about the sender and receivers. Further, with the adaptation of encryption technology to "scramble" messages, the probability of "hackers" deciphering and gaining access to email content is even more remote.

Like other forms of communication, internet communication can be made safe. Internet security is not solely a "technology" issue. Common sense and normal practice in safeguarding passwords and personal identification numbers are of equal importance. "Hackers" need a "door" to get into the system. Often, access through this "door" is provided to "hackers" due to simple carelessness in the physical distribution of sensitive documents and the handling of access codes and passwords. Users should handle sensitive communications over the internet with the same degree of care used to handle sensitive paper documents. It is also of utmost importance that users ensure their counter party on the other end of the transmission treats security equally seriously and has put in place appropriate procedures to safeguard clients' communications.

BOOM takes security matters very seriously. In addition to putting in place redundant safety processess and procedures, we have also invested resources into providing top of the line encryption technology to further enhance security for our clients. BOOM employs four measures of security to protect our clients' instruction messages:

Level one - A unique User ID and Password:
When entered together, the ID and passoword will allow you to browse the BOOM facility. You are required to change your password the first time you log into the BOOM system to ensure confidentiality.

Level two - A separate Personal Identification Number (Key Code):
The Key Code allows you to access the "Virtual Dealing Room" and must be entered before you can send instructions to buy or sell securities. The Key Code is different from the User ID and Password to provide an extra level of security. The Key Code is also sent to users via regular mail rather than email to ensure safety. We strongly recommend that all codes used to access a client's account be kept strictly confidential. These identifiers are similar to passwords or Key Code numbers that accompany automated teller machines; they are the clients' responsibility.

Level three - Encryption:
All communication within BOOM's website is protected via encryption techonology. We use 128-bit encryption, the safest level commercially available by consumer groups, to encode all communications. Encryption enables clients that have securely logged on to the BOOM facilities using their User ID and Password to continuously send encoded information back and forth across the Internet.

Level four - Handling of personal information and other procedures:
Personal information such as client bank details and mailing addresses are kept off line in a separate and non-accessible proprietary computer. Furthermore, although clients may trade freely against their existing balances, there is no direct online access to funds or personal information. For client protection, BOOM requires clients to provide signed instructions by fax or by mail to change personal information or to withdraw from a BOOM account. All cash or stock withdrawal will only be transferred to bank or securities account with the same account name as clients' BOOM account, and BOOM would not process any transfer to a third party.

All information relating to BOOM clients' is strictly confidential.

Clients are responsible for keeping their User ID, Login Password and Key Code confidential. We encourage clients to change passwords periodically. If you suspect a breach in security, please contact BOOM immediately. In the case where a client lets an unauthorized individual obtain access to their User ID, Login Password or Key Code, BOOM cannot be held responsible for any consequences resulting from this action.

Last Update: December 2003.

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