WRFX 2: https://finance.yahoo.com/news/paranotek-
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Posted On: 06/03/2018 11:30:40 AM
WRFX 2:
https://finance.yahoo.com/news/paranotek-part...00770.html
LOS ANGELES, May 31, 2018 /PRNewswire/ -- Paranotek, LLC a wholly owned subsidiary of WorldFlix, Inc. (WRFX), announces a revenue producing partnership agreement with Ampex Data Systems, a world leader in visual intelligence and data security in rugged environments.
Ampex produces integrated data acquisition and recording systems for commercial aviation. These environmentally hardened systems provide storage, machine learning and security for airborne systems.
International cybersecurity expert and Paranotek CEO, Mick Davis, says, "The partnership with Ampex Data Systems Corporation is a tremendous opportunity for our company to serve the high value intelligent data recording industry and we are elated to be working with Jim Orahood and his world-class commercial and military product design and manufacturing teams."
The Parano™ Protocol is a proprietary combination of mature asymmetric encryption algorithms used as an innovative technique to bring computational resilience. This introduces variable complexity in key exchange to create a multi-dimensional computational problem to resist supercomputer threats.
Simply put, the typical in-band and open text key exchanges that provide cryptographic register shifting or alphanumeric substitutions are exposed to brute force assault rendering the foundational master key or session useless. This weak key exchange permits bad actors the ability to decrypt an entire hard drive or individual files used with those key sets. An agile and dynamic key exchange protocol brings superior resilience to the symmetric message encryption process.
Paranotek is a global innovation company focused on developing and licensing robust technologies that increase personal and corporate information privacy and security through significant advancements in encryption security software.
Brad Listermann, Chairman and CEO of WorldFlix, Paranotek's parent company, added, "This critical partnership has been on the Paranotek roadmap from the start of Mick's vision and leadership, and I am confident and look forward to updating our shareholders on the company's progress."
About Ampex Data Systems
Ampex Data Systems Corporation, a wholly owned subsidiary of Delta Information Systems, Inc., is the market leader in delivering visual intelligence and data security in rugged environments. Ampex is a small business based in Silicon Valley and Colorado that specializes in cybersecurity, data management, and machine learning.
For more information on Ampex Data Systems, please visit www.ampex.com.
About Paranotek, LLC.
Paranotek is a global innovation company focused on developing and licensing robust technologies that increase personal and corporate information privacy and security through breakthrough advancements in encryption. Paranotek's foundation began as a Finnish technology and design company working together with US partners. Paranotek has developed a patent pending encryption process called Parano™ that can be integrated into existing software and apps for everyday life.
For more information on Paranotek, please visit www.paranotek.com .
http://www.ampex.com/ampex-history/
____________________________________________________________
https://backend.otcmarkets.com/otcapi/company...44/content
Investment from National Capital Region
Cleared Defense Contractor to Facilitate
Development of Post Quantum
Computing-Resistant Encryption Integration
Solutions
LOS ANGELES, May 29, 2018 -- Paranotek, LLC a wholly owned subsidiary of WorldFlix, Inc.
(OTC: WRFX), today announced a financial investment from an undisclosed cleared defense
contractor to develop a series of Application Programming Interfaces (API) to its patent pending
Post Quantum-Computing Resistant Encryption Protocol, called Parano™ to license to big data
integrators in the lucrative United States Government big data market.
During a trip to the Washington DC area last week, Paranotek CEO Mick Davis and members of
his security solutions team met with a number of cleared defense contractors serving the United
States Defense Information Systems Agency (DISA), Department of Homeland Security (DHS),
Department of Defense (DoD) and the US Intelligence Community (IC) as well as a senior
technical representative from the United States Naval Air Systems Command (NAVAIR).
Mr. Davis stated, “honoring the strict confidentiality of these partners, the trip was very
productive, and we are pleased to have receive a targeted investment from one of these partner
cleared defense contractors to develop a series of Parano™ Software Development Kits (SDK) to
facilitate the security of their big data and FedRAMP cloud integration solutions”.
In addition to the API investment news, Davis said, “Paranotek is formulating the contract and
technical details to license Parano™ to a world-class aerospace data information system
company including co-developing a revenue generating app for one of their aviation related
products”.
Mick and his team were encouraged to pursue a coveted Cooperative Research and Development
Agreement (CRADA) within a joint agency agreement between the US Navy and Defense
Advanced Research Projects Agency (DARPA) to address a number of security topics to advance data integrity and security within the global aviation community.
https://finance.yahoo.com/news/paranotek-part...00770.html
LOS ANGELES, May 31, 2018 /PRNewswire/ -- Paranotek, LLC a wholly owned subsidiary of WorldFlix, Inc. (WRFX), announces a revenue producing partnership agreement with Ampex Data Systems, a world leader in visual intelligence and data security in rugged environments.
Ampex produces integrated data acquisition and recording systems for commercial aviation. These environmentally hardened systems provide storage, machine learning and security for airborne systems.
International cybersecurity expert and Paranotek CEO, Mick Davis, says, "The partnership with Ampex Data Systems Corporation is a tremendous opportunity for our company to serve the high value intelligent data recording industry and we are elated to be working with Jim Orahood and his world-class commercial and military product design and manufacturing teams."
The Parano™ Protocol is a proprietary combination of mature asymmetric encryption algorithms used as an innovative technique to bring computational resilience. This introduces variable complexity in key exchange to create a multi-dimensional computational problem to resist supercomputer threats.
Simply put, the typical in-band and open text key exchanges that provide cryptographic register shifting or alphanumeric substitutions are exposed to brute force assault rendering the foundational master key or session useless. This weak key exchange permits bad actors the ability to decrypt an entire hard drive or individual files used with those key sets. An agile and dynamic key exchange protocol brings superior resilience to the symmetric message encryption process.
Paranotek is a global innovation company focused on developing and licensing robust technologies that increase personal and corporate information privacy and security through significant advancements in encryption security software.
Brad Listermann, Chairman and CEO of WorldFlix, Paranotek's parent company, added, "This critical partnership has been on the Paranotek roadmap from the start of Mick's vision and leadership, and I am confident and look forward to updating our shareholders on the company's progress."
About Ampex Data Systems
Ampex Data Systems Corporation, a wholly owned subsidiary of Delta Information Systems, Inc., is the market leader in delivering visual intelligence and data security in rugged environments. Ampex is a small business based in Silicon Valley and Colorado that specializes in cybersecurity, data management, and machine learning.
For more information on Ampex Data Systems, please visit www.ampex.com.
About Paranotek, LLC.
Paranotek is a global innovation company focused on developing and licensing robust technologies that increase personal and corporate information privacy and security through breakthrough advancements in encryption. Paranotek's foundation began as a Finnish technology and design company working together with US partners. Paranotek has developed a patent pending encryption process called Parano™ that can be integrated into existing software and apps for everyday life.
For more information on Paranotek, please visit www.paranotek.com .
http://www.ampex.com/ampex-history/
____________________________________________________________
https://backend.otcmarkets.com/otcapi/company...44/content
Investment from National Capital Region
Cleared Defense Contractor to Facilitate
Development of Post Quantum
Computing-Resistant Encryption Integration
Solutions
LOS ANGELES, May 29, 2018 -- Paranotek, LLC a wholly owned subsidiary of WorldFlix, Inc.
(OTC: WRFX), today announced a financial investment from an undisclosed cleared defense
contractor to develop a series of Application Programming Interfaces (API) to its patent pending
Post Quantum-Computing Resistant Encryption Protocol, called Parano™ to license to big data
integrators in the lucrative United States Government big data market.
During a trip to the Washington DC area last week, Paranotek CEO Mick Davis and members of
his security solutions team met with a number of cleared defense contractors serving the United
States Defense Information Systems Agency (DISA), Department of Homeland Security (DHS),
Department of Defense (DoD) and the US Intelligence Community (IC) as well as a senior
technical representative from the United States Naval Air Systems Command (NAVAIR).
Mr. Davis stated, “honoring the strict confidentiality of these partners, the trip was very
productive, and we are pleased to have receive a targeted investment from one of these partner
cleared defense contractors to develop a series of Parano™ Software Development Kits (SDK) to
facilitate the security of their big data and FedRAMP cloud integration solutions”.
In addition to the API investment news, Davis said, “Paranotek is formulating the contract and
technical details to license Parano™ to a world-class aerospace data information system
company including co-developing a revenue generating app for one of their aviation related
products”.
Mick and his team were encouraged to pursue a coveted Cooperative Research and Development
Agreement (CRADA) within a joint agency agreement between the US Navy and Defense
Advanced Research Projects Agency (DARPA) to address a number of security topics to advance data integrity and security within the global aviation community.
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