Innovative Facial Detection and Tracking Provider and Advanced Encryption Security Leader Sign Joint Reseller Agreements
AUSTIN, TX / ACCESSWIRE / October 29, 2018 / CipherLoc Corporation (CLOK), a leading provider of highly-secure data protection technology, and 2020 Surveillance, a leading provider of computer vision that leverages artificial intelligence with machine learning, advanced predictive analytics and a revolutionary approach to compression algorithms, today announced the joint signing of reseller agreements allowing for the sale of each other's products.
Mark Morris, Co-CEO of 2020 Surveillance, said: "We realize that to take in massive quantities of data, and particularly video data, requires an analysis of this data in a coherent and easily managed way. Current control and video management systems are slow and inefficient at doing this. CipherLoc offers a better than military-grade encryption, that in most cases is faster than today's available encryption algorithms, making their platform a natural fit for our products and our growing customer base. In addition, 2020 Surveillance will leverage CipherLoc data security solutions to protect some of its data in their U.S.-based offices."
"2020 Surveillance has an impressive suite of video surveillance solutions," said Dr. Milton Mattox, Chief Operating Officer of CipherLoc Corporation. "Their platforms leverage artificial intelligence and machine learning to catapult 2020 ahead of similar product offerings in the industry. We look forward to offering their solutions to our customer base and working with them to make available our Polymorphic Encryption Engine solution within their products and as a standalone solution to their customer base."
About 2020 Surveillance, Inc.
2020 Surveillance provides cloud-based, facial recognition solutions that readily integrate with existing cameras and sensors. With a superior compression methodology, 2020 Surveillance provides unrivaled transmission speed and analysis, even while maintaining greater hardware compatibility than any competition. Read more about 2020 Surveillance at www.2020surveillance.com.
About CipherLoc Corporation (CLOK)
CipherLoc Corporation is a data security solutions company whose vision is simple – Protect the World's Data. 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. For further information, please go to www.cipherloc.net.
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.
Darrow Associates Investor Relations
SOURCE: CipherLoc Corporation