ENGLEWOOD, CO / ACCESSWIRE / February 11, 2015 / Cybergy Holdings, Inc. (OTCQB: CYBG), a national leader in cybersecurity, smart grid technologies and renewable energy, is pleased to announce a joint marketing and licensing agreement with RazorThreat to market and support a specialty cybersecurity technology for detecting unknown cyberattacks. This technology allows Cybergy to provide the highest level of protection to its customer base and helps companies take control of their network activity to protect high value information and critical digital assets.
The agreement grants Cybergy exclusive rights to RazorThreat's two groundbreaking cyberthreat monitoring and managed security platforms: RazorThreat Vision(TM), which provides real-time monitoring of the customer's actual network traffic and sends alerts about all unknown and unauthorized activity; and RazorDetect(TM) a similar appliance-based application geared toward small and medium-sized businesses.
"RazorThreat's powerful technology has the capability of thwarting cyberhacks such as those that occurred at Target and Sony," said Wyly Wade, Chief Technology Officer for Cybergy Labs and Cybergy Partners. "As we continue to work with customers to protect global infrastructure and provide better tools for computer network and electric grid management, RazorThreat's products and services together are a critical component of this effort."
Gregory Guidice, CEO of RazorThreat, said, "RazorThreat has important new technology for detecting unknown targeted cyberattacks and Cybergy has the relationships to enable wider dissemination of that technology. By bringing the two together through this agreement, we are better positioned to protect our clients from experiencing cyberbreaches."
RazorThreat Vision and RazorDetect differ from more traditional perimeter-based network security solutions that block external threats and send alerts regarding what was stopped from entering the network. They provide real-time monitoring of network traffic that has already passed through perimeter-based protections to find what should not be there, and alert the appropriate IT staff. They provide visibility into unknown and unauthorized traffic to find the threats specific to a network no matter where they originate and complement whatever network security systems an organization already has in place.
About Cybergy Holdings, Inc.
Cybergy Holdings, Inc., is a national leader in cybersecurity, smart grid technologies, renewable energy and mission-oriented government services. Headquartered in Englewood, Colorado, Cybergy Holdings' team of approximately 100 employees delivers innovative technical and management services through its 3 divisions: Cybergy Labs, an award-winning developer of specialized cybersecurity software applications, including SmartFile; New West Technologies, which was founded in 1996 and provides clean, smart, and reliable energy solutions and is a 5 time winner of the Inc. 500/5000 fastest growing private companies in America; and Primetrix, which serves U.S. Federal Government contractor firms with contract procurement, compliance, and growth services.
For more information, please visit www.cybergypartners.com
Forward-Looking Statements
This press release, other than historical information, contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and are subject to risks and uncertainties. In some cases, you may identify forward-looking statements by words such as "may," "should," "plan," "intend," "potential," "continue," "believe," "expect," "predict," "anticipate" and "estimate," the negative of these words or other comparable words. These statements are only predictions. One should not place undue reliance on these forward-looking statements. The forward-looking statements are qualified by their terms and/or important factors, many of which are outside the Company's control, involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially from the statements made. The forward-looking statements are based on the Company's beliefs, assumptions and expectations about the Company's future performance, taking into account information currently available to the Company. The Company will update this forward-looking information only to the extent required under applicable securities laws. Neither the Company nor any other person assumes responsibility for the accuracy or completeness of these forward-looking statements. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the Commission are available from commercial document retrieval services and at the website maintained by the Commission at http://www.sec.gov.
Contact Information
Cybergy Holdings, Inc.
Mark Gray, Chairman & CEO
[email protected]
Hayden IR
[email protected]
917-658-7878
SOURCE: Cybergy Holdings, Inc.