$UBIQ ALERT. Awaiting for more news, shall move $
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IRVINE, Calif., March 10, 2016 /PRNewswire/ -- Ubiquity Inc. (UBIQ) ("UBIQUITY" or the "Company" , a vertically integrated MAAS and SAAS, technology- focused media company, has announced that its licensee: iWebGate Limited has announced it is in the final process of securing additional financing to continue its development, reach, and sales of the Sprocket enhanced iWebgate cyber security platform. The Sprocket OS navigational tool and intelligent search in iWebGate's proprietary secure container technology, solves major problems for enterprise and government agencies and customers of all sizes by providing the scalability needed.
Ubiquity's CEO Chris Carmichael said: "We are pleased that our partner, which is distributing Sprocket to Telstra, Australia's largest telecommunications company, and others, is receiving additional funding to expand all of its customer relationships. Our partnership with iWebGate is going strong and moving forward, we are expecting to enter other markets with them as well."
Tim Gooch, CEO of iWebGate said: "iWebgate is looking forward to putting this financing in place during this exciting phase of the Company's development."
iWebGate's new funding will benefit the Sprocket-iWebGate partnership, which has already successfully begun to include Sprocket through its secure mobile containers to 800,000 users. Ubiquity is committed to "mobile as a service (MAAS)," and the partnership with iWebGate helps bring all those solutions to life.
Read Full Here: http://finance.yahoo.com/news/iwebgate-steps-...00589.html