Wednesday, July 9, 2014

Ecrypt Technologies, Inc. (ECRY) Positioning as Go-To Sector Provider with Key, Strategic/Marketing Alliances as Ecrypt One Rolls Out

Ecrypt Technologies has been on a tear since they turned the corner last month in June, from being a development company to being a revenue-generating firm, with the alpha unit prototype launch of the company’s ground-breaking, simple to use, yet military-strength secure email system, Ecrypt One. The sandbox roll-out of Ecrypt One, which put pre-qualified potential users and integration partners in a virtual testing environment where they could get hands-on experience with the platform, has been successful.

Multiple strategic marketing agreements and marketing alliances have subsequently been signed or entered into as a result of this open evaluation approach and several ‘speed-of-execution’ initiatives Ecrypt Technologies has simultaneously implemented. The increasingly complex, modular hardware/software landscape which has emerged in recent years presents daunting data security concerns for enterprise, government, and military organizations. Ecrypt is rapidly coming to the fore in this hectic environment as a trusted provider of simplified solutions that harness state-of-the-art security capabilities to deliver products like their secure email system.

The market is ripe for a robust yet easy-to-use solution like Ecrypt One and the pedigree of the company’s new CEO, appointed just prior to the alpha unit launch, says a great deal about this already well-connected company, which has two-decade Congressman and former Vice Chairman of Armed Services and Homeland Security Committees, Curt Weldon, as the Board Chairman. Newly appointed CEO, Dr. Thomas A. Cellucci, used to be DHS and White House Chief Commercialization Officer under both Bush and Obama, and brings a long track record of having successfully grown a variety of high-tech companies.

Ecrypt already has a considerable amount of direct contact with multi-billion dollar industries and the spate of deals post the alpha unit launch of Ecrypt One, which the company has steadfastly put together makes the case plainly:

June 23 – Market alliance with business process compliance experts QCR Corp., which has more than 17 years in providing consulting and software tools. Partnership encompasses a worldwide exclusive agreement that has ECRY distributing and selling, as well as promoting QCR’s field-proven, mistake-proofing software to government clients.

June 25 – Strategic alliance with award-winning password replacement system developers Enterprise Sentinel®. Alliance has ECRY doing the same legwork for Enterprise’s authentication products and capabilities as they are doing for QCR. Enterprise’s patented one-time passcode generator system, PassRules, is cost effective to purchase and maintain, making it an excellent addition to the fold. This worldwide arrangement between the two companies brings together two operations that each possess extensive, in-depth expertise with global government and commercial markets, increasing the striking distance of ECRY mightily.

June 26 – Strategic marketing agreement (having similar promotional/sales and distribution by ECRY as previously noted deals) completed with a global leader in unmanned systems and robotics, innoBots. With over two-and-a-half decades in the game, this family-owned robotics shop has established an impressive reputation for delivering critical military applications.

June 27 – Strategic marketing agreement finalized with primarily military/security navigation and communications, hardware/software developer, Genesys Technologies. Genesys is one of the top firms doing secure wireless communications with an emphasis on preventing navigational spoofing or device jamming, particularly in unmanned aerial systems.

July 1 – Strategic marketing agreement with Silanis Technology, whose e-signature solution, e-SignLive™, is the most widely used on earth, with over 600M documents processed per year. The secure and streamlined e-SignLive architecture, which features tight legal and regulatory compliance, dovetails nicely with the highly-anticipated Ecrypt One and is already wildly successful among private entities like top banks and insurance carriers, as well as on the public side with the GSA, USAF and U.S. Army all being satisfied customers.

Ecrypt Technologies is clearly telegraphing how they are getting out ahead of increasingly stringent government data confidentiality regulations like HIPAA (Health Insurance Portability and Accountability Act), as well as prevailing implications from FISMA (Federal Information Security Management Act), and the GLBA (Gramm-Leach-Bliley Act). Ecrypt is positioning itself as a go-to source for secure data communications spanning enterprise, government and military. The emphasis on freeing up organizations to communicate easily without having to monkey around in the deeper technical details, shielding those organizations from liability, competitive threat and damage to reputation associated with data breaches of all sorts, gives ECRY a serious edge and their industry/government contacts will serve the company well as commercial activity accelerates.

Ecrypt One is a well-timed product launch, with increased concerns over data security driven by data breaches and identity theft even at major corporations. A recent survey by Voltage Security indicates that as much as 36% of IT Professionals openly admit to not encrypting sensitive data that is sent around outside the organization. It is glaringly obvious from such a survey that ubiquitous, easy-to-use solutions, with seriously tough back-end encryption capabilities like Ecrypt One, are needed to address the underlying dynamics effectively.


More info on Ecrypt Technologies, Inc. is available at www.EcryptInc.com

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