SOURCE: Nicaragua Rising, Inc.

August 25, 2010 08:30 ET

Ceelox Initiates Microsoft Windows® 7 Development for Vault Flash Drive

TAMPA, FL--(Marketwire - August 25, 2010) -   Ceelox, Inc. has begun development modifications of their Ceelox Vault™ flash drive, biometric file and folder encryption software product line to operate with the Microsoft Windows 7 operating system. Ceelox is a majority-owned operating subsidiary of Nicaragua Rising Inc. (OTCBB: NCRG) (the "Company" or "Nicaragua"). 

Ceelox Vault™ is a secure data storage solution for data at rest or in transit. Other encryption solutions use pass­word access, which is easy to copy or hack. Ceelox Vault™ combines a powerful encryption solution with added fingerprint biometric security. Most encryp­tion tools fail because they are too com­plicated and take too long to use. Ceelox Vault™ is as easy as drag and drop.

Ceelox, a biometric software security company offering identity authentication, and data and email encryption, is working to make the proper software modifications to ensure that Ceelox Vault™ flash drives will interoperate with the new Windows 7 operating system. "This will offer our customers increased flexibility by allowing the flash drive to interoperate with XP, Vista, and Windows 7 and giving Ceelox access to the sizeable, multi-billion dollar Windows desktop market. In addition, the user will experience reduced costs and enable them to store encrypted files and folders without fear of exposure to risk while migrating between operating platforms," said Gerry Euston, Ceelox Chief Executive Officer.

About Nicaragua Rising, Inc.

Nicaragua Rising, Inc., through its majority-owned operating subsidiary, Ceelox, Inc., is a developer of biometric security and encryption software solutions for financial institutions, healthcare companies, utilities, government agencies and other organizations for whom information access are key concerns. Its security and encryption tools are easy to deploy, simple to use, cost-effective and affordable for organizations of all sizes. 

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