Deploy Technologies Inc. to develop Internet security software,
hardware
2015-06-22 06:53 ET - News Release
Mr. David Eppert reports
DEPLOY TO ENTER INTERNET SECURITY MARKET
Deploy Technologies Inc. will establish an on-line security division, Deploy Security, which will be developing a proprietary hardware/software solution to combat all levels of on-line threats, effective immediately.
The company believes that in the wake of the rash of security breaches worldwide, the market for a next-generation security platform is tremendous. The company will continue to market its patented fleet data management and weigh system technologies.
"Deploy is about evolving technology and this is certainly the right time to enter the market," commented chief executive officer David Eppert. "It is noteworthy that Raytheon, primarily know as a defence contractor to the U.S. government, has been systematically buying up cybersecurity companies since 2007. Raytheon recently announced they will invest $1.57-billion to develop and market their platforms after most recently agreeing to acquire Websense for $1.9-billion, evidencing the bullishness of the security sector."
Mr. Eppert, who in 2001 founded Think Security, a company that pioneered person-present authentication without the use of a hardware device, said, "This is indeed an exciting new direction for Deploy, one that the board believes will translate into increased shareholder value."
We seek Safe Harbor.
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