KELOWNA, British Columbia, Sept. 13, 2018 (GLOBE NEWSWIRE) -- Hilltop Cybersecurity, Inc. (CYBX) (CSE: CYBX) (OTC: CYBXF) entered into a 5-year exclusive contract with WARP LLC the company which has produced such movies as Man on Fire, Mr. and Mrs. Smith and Enemy of the State, among many others. The agreement allows Warp LLC to use Hilltop’s patent-pending CryptoKEEP technology to secure movie, television and even production related IP assets such as dailies, edits, key art, animatics, storyboards, pre-visualization, and behind-the-scenes, marketing content. CYBX products are focused on providing Cyber-Security and Crypto-Security for its business customers and in this case, they are being used to protect entertainment assets just as they can be used to protect crypto-currency.
Corby Marshall said, “As a cyber security company we are focused on protecting our clients and there intellectual property. This deal represents an application of our technology to protect valuable IP assets which would otherwise become easy to pirate and easy to re-distribute. Our technology uses the blockchain to have precise knowledge regarding digital IP assets (such as movie and television IP) and gives the customer immutable proof that they own the asset in question.”
Lucas Foster said, “Protecting our work and providing a great consumer experience are both critical today, and in the decades to come, for content producers. Some people share and re-distribute our valuable IP as if it has no value, or their content is land-locked into an old platform that ages out, providing an unsatisfying consumer experience. Hilltop’s IP protection technology will help us ensure that consumers always have access to the content they have purchased, regardless of the viewing platform or delivery methodologies that continue to evolve in the future.”
Further details about the proposed transaction will be provided in a comprehensive news release, if and when the parties enter into a definitive agreement.
The principals at TwinSoft have worked in the middle east for over 12 years and have several noteworthy energy clients, sovereign funds and international regulatory bodies.
About Hilltop Cybersecurity
Hilltop Cybersecurity (CSE:CYBX) (OTC:CYBXF) is a cybersecurity and cryptocurrency security specialist. The Company has developed a unique, patented, cybersecurity platform, designed to protect businesses from external and internal cyber-attacks, and has also patented its biometric security solution for crypto-currencies.
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Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, the failure of counterparties to perform their contractual obligations, the loss of key directors, employees, advisors or consultants and fees charged by service providers. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertanties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the proposed transaction will occur or that, if the transaction does occur, it will be completed on the terms described above. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.
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