Under the Symbol:
Cipherloc and DataPath Update Technology Partnership Progress
Tuesday, July 9, 2019 2:55 PM
Quantum-Safe Technology to Protect Highly Sensitive Mission-Critical Data
SCOTTSDALE, AZ / ACCESSWIRE / July 9, 2019 / Cipherloc Corporation (OTCQB: CLOK), a leading provider of highly-secure, quantum-safe data protection technology, today announced updates on its technology partnership agreement with DataPath, Inc. In accordance with terms of the technology partnership agreement, originally signed on May 19, 2018, the Cipherloc and DataPath executive teams have renewed the agreement through May 16, 2020 as per terms of the original contract.
Additionally, the companies are working together to produce a fully integrated hardware and software solution for Datapath equipment deploying Cipherloc’s best-in-class polymorphic encryption technology.
“I am pleased to continue moving forward with DataPath as we work together to dramatically increase digital security for key customers in the Quantum era,” said Michael DeLaGarza, CEO of Cipherloc. “Together, we have worked closely with DataPath to document a number of additional metrics and tests, including receipt of the FIPS 140-2 certification. As part of this process, we have incorporated numerous change requests, and enhancements identified by DataPath’s engineering team and its customer to meet specific user needs. The latest custom platform will be demonstrated to the DataPath engineering team in mid-July. DataPath can then offer this expanded and enhanced platform to customers with mission-critical data that must be protected at all costs. We anticipate that Cipherloc’s Polymorphic Cipher Engine will become critically important to DataPath in the post-Quantum era where Cipherloc is well positioned to compete and even dominate in the field.”
“In our effort to include innovative technology in the solutions and services we offer to our customers, we selected Cipherloc for its advanced yet extremely spectrum efficient and flexible approach to obtain mission and business critical data,” said Brad Majeres, COO of DataPath. “We are excited to see the contract’s auto-renewal proceed as planned to continue our partnership with Cipherloc. The partnership allows DataPath to deploy, manage, and provision this advanced capability and future product enhancements in a secure manner for both legacy and new networks. We believe DataPath hardware combined with Cipherloc encryption creates the most secure digital communications platform available for mission-critical assets.”
About DataPath Inc.
DataPath excels in advanced and secure communications solutions tailored to the unique requirements of defense, aerospace, broadcast, government, and critical infrastructure clients. Our solutions include a wide range of field communications and information technology products, including satellite communication systems, network management software, and cybersecurity services. All of our offerings are backed by 24x7 customer care and global field support. At DataPath we are committed to helping our clients achieve mission success. For more information, visit www.datapath.com.
DataPath Inc., 2205 Northmont Parkway. Duluth, GA 30096, www.datapath.com.
About Cipherloc Corporation (OTCQB: CLOK)
Cipherloc Corporation is a provider of highly secure, quantum-safe data protection technology. Our highly innovative solutions are based on our patented Polymorphic Cipher Engine which is designed to enable an ironclad layer of protection to be added to existing products, services, or applications. We deliver solutions that are highly secure, synergistic, and scalable. In short, we keep information safe in today’s highly dangerous world.
Cipherloc Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
The information found in this Press Release does not and shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of these securities in any state or jurisdiction based upon the information found in this Press Release.
Cipherloc Investor Contact:
Darrow Associates Investor Relations
DataPath, Inc. Contact
SOURCE: Cipherloc Corporation