Ecrypt Technologies, Inc. (ECRY) Shares Soar to Year High on Monster Volume Following Recent News
Shares of Ecrypt Technologies set a new 52-week high of $0.39 in today’s morning session, continuing their ascent and soaring more than $141% on monster volume in mid-day trade. The trading activity follows significant recent company news and parallels its upward trajectory in the cyber security market, which is expected to top $155 billion by 2019, according to research firm MarketsAndMarkets.
Ecrypt and marketing partner Cicada Security Technology (CST) earlier this week announced the addition of Cicada II to the Cicada line of data privacy technologies. The value of this news lays in the primary difference between the Cicada platform and traditional technologies: Cicada is the only commercially available technology that goes beyond logical security by detecting and safeguarding against risks caused by computer theft or tampering.
The core of the Cicada protection platform is the Cicada USB device which hosts an internal dedicated management processor to monitor and analyze trigger data – once triggered, the technology’s alarm provides an audible alert to anyone in the immediate area of the incident and interrupts access to system resources, active sessions and stored, cloud or network accessible data. Cicada II further extends this impressive capability to include coverage of Bluetooth-enabled smartphones and tablets in addition to computers.
So how does Ecrypt benefit? As an exclusive worldwide seller and distributor of Cicada Security Technology products, the extended Cicada line ensures that data secured by Ecrypt is protected against exposure at both the physical and logical levels, bolstering the Ecrypt platform.
Ecrypt’s market strategy is to deliver a secure email platform, Ecrypt One, which integrates with the technology of industry innovators such as Cicada Security Technology to meet the complex security challenges of today’s digital world.
Ecrypt remains at the forefront of data security, specializing in military-strength information security solutions for enterprise, government and military. The partnership with Cicada Security Technology is among several collaborations into which Ecrypt has entered as part of its strategic marketing alliance program to advance its business operations and market penetration.
As of 2:52 ET, shares of Ecrypt are up 147% at $0.32, moving on volume of 26.9 million compared to three-month average volume of 23,000.
For more information, visit www.ecryptinc.com
Please see disclaimer on the QualityStocks website: https://Disclaimer.QualityStocks.com