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AUSTIN, TX / ACCESSWIRE / July 23, 2021 / Cipherloc Corporation (OTCQB: CLOK) (“Cipherloc”), a developer of advanced encryption technology, today announced the appointment of John Heltzel as Vice President of Business Development.
“John is a recognized leader of business development with extensive experience in the encryption sector and has had success in bringing early-stage technology to wide commercial use. He brings an excellent track record of sales and partnership success to Cipherloc when we deploy our quantum-resistant encryption engine to market, “said David Chasteen, CEO. “We are bringing our existing partnerships into the adoption phase on all major operating platforms. We continue to strive to generate positive cash flow from operations with our available resources and look forward to John contributing quickly to these efforts.”
Heltzel is an operational executive with a track record in developing people, new businesses, markets, and executing company development strategies to meet sales and cash flow goals. He is currently advising startups in the early stages of setting up and implementing sales, business development and product strategies. Previously, he was Vice President of Business Development at NearNow, Director of Business Development at leading security and encryption companies Zix Corporation and Entrust, Inc., and sales and product management roles at SkyTel Communications, Qualix Group and Silicon Graphics.
“I am very excited to lead business development efforts at Cipherloc,” said Heltzel. “David and his team have built a world-class platform that CISOs and cybersecurity professionals are ready to deploy on their existing networks and infrastructures. This is exactly the vision, team, and time to lead the industry into quantum computer encryption and to secure global networks worldwide for generations. ” come.”
Since 2020, Cipherloc has developed commercial applications of its technology by advancing a software development kit (“SDK”) for its polymorphic encryption core. This allows potential customers to integrate and configure the PEC using the SDK. Cipherloc’s technology now supports commercial applications through three different products.
The story goes on
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For data-in-motion applications, Cipherloc Sentinel enables a customer to integrate a post-quantum encryption solution into their product environment.
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Cipherloc Armor uses the Sentinel solution in a hardware appliance that can be deployed in front of any IT system and encrypts the data traffic between paired Armor devices with little setup effort.
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Cipherloc Shield meets the requirements for data at rest by securely encrypting data using the PEC, which is stored on a hard drive or in a database for long-term storage.
About Cipherloc Corporation (OTCQB: CLOK)
Cipherloc Corporation Provides Advanced Technology and Expertise to Protect Your Data Cipherloc Corporation offers advanced technology and expertise to protect your data and protect your privacy with the speed you need today and the agility you need tomorrow. Our patented polymorphic encryption technology provides a stronger, adaptable and scalable layer of security for a wide 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 about future events or future company performance. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. In evaluating such statements, prospective investors should carefully consider the various risks and uncertainties identified in this news release and the matters set out in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those in the forward-looking statements.
Investor contact:
Matt Kreps
Darrow Associates Investor Relations
214-597-8200
mkreps@darrowir.com
SOURCE: Cipherloc Corporation
View source version on accesswire.com:
https://www.accesswire.com/656753/Cipherloc-Appoints-Heltzel-Vice-President-of-Business-Development
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