ACCESS Newswire
02 Mar 2021, 04:31 GMT+10
AUSTIN, TX / ACCESSWIRE / March 1, 2021 / Cipherloc Corporation (OTCQB:CLOK) ('CipherLoc'), a developer of advanced encryption technology, today announced that it has completed and passed all phased one testing of its data in motion products with DataPath, a market leader in trusted communications systems delivering end-to-end solutions for mission critical operations at both enterprise and government customers.
'We have worked closely with DataPath to document the capabilities of our platform as part of our commercialization efforts with the PEC, an important step in demonstrating Cipherloc's performance capabilities to DataPath's customers who can ultimately deploy our solutions to meet specific market needs,' said David Chasteen, CEO of Cipherloc. 'We continue to work with our partners and distributors to move Cipherloc's software into revenue-generating sales activity through real performance and results that solve both current and future encryption and data security needs.'
Cipherloc is currently engaged with DataPath in testing its commercial-ready data in motion products. The Company has passed testing to demonstrate that the Polymorphic Encryption Core (PEC) could be used to encrypt and transmit over UDP. The Company is now also expanding testing to demonstrate its ability to implement the PEC to encrypt and transmit data over TCP. In all cases, Cipherloc seeks to demonstrate that its PEC enable encryption suited for increased security in the post-quantum environment while reducing latency.
About Cipherloc Corporation (OTCQB:CLOK)
Cipherloc Corporation provides advanced technology and expertise to secure your data Cipherloc Corporation provides advanced technology and expertise to secure your data and safeguard your privacy with the speed you need today and the agility you'll need tomorrow. Our patented Polymorphic Encryption technology provides a layer of security that is stronger, adaptable, and scalable across a variety of applications and systems. Learn more at www.cipherloc.net.
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 forth 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.
Investor Contact:
Matt Kreps
Darrow Associates Investor Relations
214-597-8200
[email protected]
SOURCE: CipherLoc Corporation
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