CipherLoc Announces Hardware Integration Research
Effort Will Focus on Making Patented Encryption Engine Commercially Available
AUSTIN, TX / ACCESSWIRE / February 6, 2018 / CipherLoc Corporation (CLOK), a leading provider of highly secure data protection technology, today announced that it is beginning the research and prototyping necessary to move its revolutionary polymorphic encryption engine into hardware.
Software applications that integrate CipherLoc are both faster and more secure than those using other software-based implementations of AES or other encryption algorithms. CipherLoc has begun moving into hardware which will allow solutions to be provided to companies unable to make use of the existing software library. Industries that will see a benefit to this support include, but are not limited to, IoT, network appliances (routers, modems), industrial control devices, automotive systems, and crypto currency wallets. In addition, development of a hardware-based CipherLoc will aid in the development of encryption appliances that will make encryption available to an even wider audience. CipherLoc believes that running in hardware will increase the engine speed, as well as overall algorithmic security.
Partners are currently being evaluated to help speed the transition from software to hardware. Upon selecting a partner, the software will be converted, a proof of concept will be developed and tested, and the first commercial product release will be planned. Full hardware commercialization is expected no later than the end of 2018.
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 take existing encryption algorithms and makes them better, faster, stronger, and massively scalable. We deliver easy-to-deploy software solutions that can be added to any existing product, service, or application. In short, we keep information safe in today's highly dangerous world. For further information, please go to www.cipherloc.net.
This 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.
Media Contact
Michael DeLaGarza, mdlg@cipherloc.net
SOURCE: CipherLoc Corporation
