HOUSTON (BUSINESS WIRE) IronClad Encryption Corporation (the “company” or “IronClad”) (OTCQB:
IRNC), a next-generation cyber defense company that secures digital
assets and communications across a wide range of industries and
technologies, announced today it has entered into an agreement with
Charter Trading Corporation (“Charter”) enabling Charter to deploy
IronClad’s ICEmicro to secure Charter’s cyber transmissions from its
Texas headquarters to its operations in Latin America. This deployment
of ICEmicro within Charter’s system is a critical part of Charter’s
process to achieve compliance with the security controls in National
Institute of Standards and Technology (NIST) Special Publication
800-171. Not only will it protect sensitive and proprietary information,
but provide critical feedback on the ICEmicro software under real-world
operating conditions. Under this agreement, Charter will pay IronClad on
a monthly basis for the use of its software and associated technical
support.
“Cyber security is becoming a mandatory requirement for all DoD
contractors, and IronClad’s unique cyber security products will not only
meet these rigorous requirements, but add a level of protection to our
system unmatched in the cyber security world,” said William Comee,
President of Charter Trading Company. “More importantly, many of our
overseas computers still utilize older processors and operating systems
making it a challenge to install compatible cyber security packages.
IronClad’s technology solves that problem as it is universally
compatible with old and new machines alike.”
Charter Trading provides technical support and skilled personnel for
U.S. military operations throughout the world and various international
corporations. Its employees provide command, control, communications,
computer, intelligence, Information Technology (IT) and telecom support
in the field, including combat zones. Over its 30 year history, Charter
Trading has supported operations within the U.S., North America, Latin
America, Eastern Europe, North America and the Pacific region. Since
1989, Charter Trading has worked as a subcontractor to various companies
including Harris, L3 Technologies, Peraton, Dyncorp International, Loral
Hughes Corporation, UltiSat, and AT&T. Its customers have included the
12th Airforce (12AF), AT&T, Cable & Wireless Communications, the Missile
Defense Agency, the Defense Information Systems Agency (DISA), Exxon,
Hondutel, Nokia Siemens, Sirius XM Satellite Radio, SOUTHCOM, and the
U.S. Army South (USARSO).
“This is a great opportunity for Charter to secure its international
communications and for ICEmicro to be showcased as a premiere cyber
security tool within the realm of the DoD,” said JD McGraw, President
and CEO of IronClad. “This will be one of our most important
deployments, one that will give us critical feedback regarding the
performance of ICEmicro under real-world operating conditions. We strive
to create and provide products in markets where there is strong demand
and the potential for sustained revenue and profitability, and we have a
significant technical advantage. Charter’s contracts within the DoD
certainly meet those standards.”
“IronClad continues to pursue relationships with companies specializing
in cloud storage, gateways, medical records, digital currency, physical
access, and industrial control systems that either integrate ICE
technology into client products, such as Charter, or those reselling ICE
products directly through internal sales channels, such as Technologent
and Layer3 Communications,” Mr. McGraw added. “Our agreement with
Charter illustrates our commitment to the effectiveness, durability and
value of our ICE products and how we continue to build critical mass in
a variety of markets.”
About Charter Trading:
Charter Trading has supported warriors since 1987 and is a
service-disabled veteran-owned, and certified small business. The
company specializes in providing highly skilled teams to install,
operate and maintain IT and communications assets used by U.S. military
organizations engaged in counter-narcotics, counter-insurgency and
disaster-relief operations in austere environments. It can rapidly and
efficiently deploy uniquely skilled and highly motivated teams to
provide C4I, C4S, IT and telecom support in a variety of OCONUS
locations.
About IronClad Encryption Corporation:
Ironclad Encryption Corporation (OTCQB: IRNC) is an X-Generation cyber
defense company that secures digital assets and communications across a
wide range of industries and technologies. IronClad Encryption-powered
solutions utilize our patented Dynamic Encryption and Perpetual
Authentication technologies to make all known key-based encryption
technologies virtually impossible to compromise. Dynamic Encryption
Technology eliminates vulnerabilities caused by exposure of any single
encryption key by continuously changing encryption keys and keeping the
keys synchronized in a fault-tolerant manner. Perpetual Authentication
Technology uses multiple virtual channels for encryption so that in the
event one channel is compromised, the other channels maintain encryption
integrity. Together, these technologies not only eliminate the single
point of failure problem created by having keys exposed through brute
force, side channel, or other types of attack, but do so with very low
latency and system performance overhead. Developers, MSPs, MSSPs and IT
organizations can now easily and effectively integrate ultra-secure
authentication and encryption measures across essentially all mediums.
This includes the latest processors and operating systems, legacy
hardware and software, within or between networks and on
compartmentalized data or entire databases. At rest or in-motion,
IronClad Encryption ensures data remains safe, secure and uncompromised.
Visit IronClad Encryption at www.IronCladencryption.com
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements that involve
substantial risks and uncertainties. The information included in this
release should not be used for investment purposes because statements of
intent or projections of financial performance are based on assumptions
that can change. In addition, events or circumstances may arise that we
can neither anticipate or control. Therefore, any statements of intent
or predictions of financial performance are valid only on the date of
this press release. We undertake no obligation to update or revise
publicly any forward-looking statements, except as required by law.
Contacts
INVESTORS:
Porter, LeVay & Rose, Inc.
Michael
Porter, 212-546-4700
ironclad@plrinvest.com
Do you think you can beat this Sweet post? If so, you may have what it takes to become a Sweetcode contributor...Learn More.