SOURCE: eCrypt Technologies, Inc.

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June 04, 2015 07:30 ET

Ecrypt Signs Worldwide Exclusivity Deal With Kaspersky Government Security Solutions

Ecrypt Adds Intelligence-Driven Cybersecurity Tools, Products and Services to Its Portfolio

AUSTIN, TX--(Marketwired - June 04, 2015) - Ecrypt Technologies, Inc. (OTCQB: ECRY) has entered into an agreement with Kaspersky Government Security Solutions (KGSS) to be the exclusive provider of its products and services to multiple United States federal government agencies via Ecrypt’s Marketing Alliance Program (MAP).

Under the agreement, Ecrypt will be the exclusive worldwide provider of KGSS’s cyber threat products and services to mutually-agreed upon US government agencies. Products include KGSS’s Malware Indicators Database and Analysis System (MIDAS), Advanced Persistent Threat Analysis & Reporting platform, and various Intelligence Support Products.

Dr. Thomas A. Cellucci, Ecrypt’s Chairman and CEO commented: “We are pleased to add KGSS’s unique solutions to our Marketing Alliance Program portfolio. The global Kaspersky organization is a recognized leader in the cyber-threat information market, especially respected for their cutting edge research. KGSS, an American subsidiary, enables the company’s knowledge and experience to be an integral part of many US government agencies’ efforts to thwart cyber-related issues, and we are proud to use our own experience and deep networks to augment their reach into various applications. We look forward to complementing their capabilities with our unique strengths, leveraging our team efforts to successfully address many vital national security concerns across many sectors.”

KGSS is legally and administratively separated from its parent company, strictly maintains a firewalled Board of Directors composed of only US citizens, and employs a team of experts with the highest levels of security clearances in the US government.

Mr. Adam C. Firestone, President & General Manager of KGSS commented: “Combining Ecrypt’s experience and networks with KGSS’s unique threat information offerings and cybersecurity services provides a unique and powerful advantage to our partners and customers. We’re eager to put this capability to work in a way that helps create and foster a safe, stable and secure cyberspace that promotes national security, fosters innovation and supports strong economic growth.”

About KGSS

KGSS is located in Arlington, VA and is a wholly-owned subsidiary of Kaspersky Lab, Inc. (KL North America), which is headquartered in Woburn, MA. Kaspersky Lab, Inc. is a wholly-owned subsidiary of Kaspersky Lab, Ltd., registered in the United Kingdom.

KGSS designs, implements and delivers holistic, world-class cybersecurity intelligence products, services and solutions. KGSS technology empowers advanced protection for the US government, its contractors and US national critical infrastructure sectors.

Kaspersky Lab is the world’s largest privately held vendor of endpoint protection solutions and is registered in the United Kingdom. Since its inception, Kaspersky Lab has followed a global vision and focused on international markets. This strategy helped the company’s business grow into a globally focused corporation.

For more information, visit www.kasperskygss.com

About Ecrypt Technologies

Ecrypt Technologies, Inc. is a high technology security solutions portfolio provider that assists corporate entities, governments and individuals to protect their organizations against both physical and cyber-attacks through its offering of the most technically-advanced, cost-effective and reliable software, tools and systems.

For more information, visit www.ecryptinc.com

Safe Harbor Statement

This press release contains certain “forward-looking statements,” as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management’s current expectations. The economic, competitive, governmental, technological and other factors identified in the Company’s previous filings with the Securities and Exchange Commission may cause actual results or events to differ materially from those described in the forward looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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