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Oculus VisionTech Inc V.OVT

Alternate Symbol(s):  OVTZ

Oculus VisionTech Inc. is a development-stage technology company focused on cybersecurity, data privacy and data protection solutions for Enterprise business customers. Its Forget-Me-Yes data privacy product is a Software-as-a-Service (SaaS) platform developed to specifically address the global Right-to-be-Forgotten (RtbF) and Right-of-Erase (RoE) data subject deletion request legal compliance components. Its ComplyTrust Software-as-a-Service Suite (CTSS) helps to automate and visualize cloud compliance reporting across accounts, regions and services based on a variety of user-definable and data-driven metrics. Its Cloud Document Protection System (Cloud-DPS) technology leverages its digital watermarking technology, enabling it to offer a SaaS-based document management platform for tamper-proof document authentication and protection. It uses digital watermarking technology for streaming video content distribution based on embedded digital watermarking and video-on-demand systems.


TSXV:OVT - Post by User

Bullboard Posts
Post by wiseinvestor2on Feb 09, 2016 11:45am
166 Views
Post# 24539766

Oculus VisionTech finishes alpha testing of cloud DPS

Oculus VisionTech finishes alpha testing of cloud DPS

 

Oculus VisionTech finishes alpha testing of cloud DPS

 

2016-02-09 08:29 ET - News Release

 

Mr. Tom Perovic reports

OCULUS ANNOUNCES COMPLETION OF ALPHA TESTING AND COMMENCEMENT OF FIELD TESTING

Oculus VisionTech Inc. has successfully completed alpha testing of its cloud-based document protection system and has commenced field trials.

The field stage of product testing will focus on the cloud DPS's document protection features and will involve nationwide testing (in the United States) by a selected technology partner of Oculus. For the field testing, Oculus will be interfacing its text-based document protection/security software into the technology partner's Internet-centric software suite, which will initially be aimed at professional users in the legal services sector. The primary goal of the testing will be to evaluate and confirm the document authentication robustness and tamper-proof feature's resilience of the cloud DPS.

Tom Perovic, a director of the company, who is overseeing the testing and launch of the cloud DPS, stated, "The completion of alpha testing of the cloud DPS on time and on budget represents a significant milestone for Oculus. We are excited about the commencement of field testing, which we expect will allow us to turn the cloud DPS into revenue-generating products for Oculus."

New app

The company is also pleased to announce a new mobile application for Apple and Android devices. The OculusVT app provides users with updates on the company and allows users to connect and interact with the company. The app is available for download on the Apple iTunes store and on the Google Play Store.

We seek Safe Harbor.

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