PALM SPRINGS, CA--(NewMediaWire - May 16, 2017) - WorldFlix,
Inc. (OTC PINK: WRFX), an entertainment and technology holding
company, announces their new cyber security company, Paranotek, has
developed proprietary encryption technology to create an
innovative, impenetrable data-security assurance with 100% privacy
protection.
Paranotek is a WorldFlix partnership with technology and
encryption design experts based in Finland. Paranotek's unique and
disruptive encryption technology moves the company into the rapidly
growing area of cyber security for both the individual and
corporate client. Paranotek and its suite of security products will
be incorporated into all WorldFlix mobile app development projects,
such as child protection app Swantry, and will open the door for
collaboration as a security integration feature with other
developers looking to enhance the privacy and security of their own
mobile or cloud based applications, storage systems or payment
platforms. In addition to Swantry, Paranotek is developing a
corporate app for companies to protect data and privacy, as well as
an online cloud storage and share system that offers full
impenetrable data protection.
Brad Listermann, Founder, and CEO of WorldFlix, Inc., commented,
"Based on current privacy concerns in the news, we believe it's
time for individuals and companies to have their privacy back and
their data secured. With this philosophy, we develop software and
apps for companies, families and private individuals." Paranotek
makes the message clear that the company not only offers a new
proprietary encryption process but also sets itself apart by never
storing user data. This offers true 100% privacy
protection! "Our mission is to give individuals and companies
back their privacy and security," says Lauri Tunnela, cyber
security expert, and Paranotek Co-founder.
"Recent major attacks on both companies and individuals private
data have begun a scramble for companies to upgrade encryption
privacy not just internally, but for their customers as well. This
opens big opportunities for the WorldFlix, with its new partnership
with Paranotek, to harness our unique encryption technology for
securing areas of private messengers, mobile payments, social
networking, and cloud and data storage. Through strategic
partnerships with development firms who can integrate this enhanced
level of security for their user products and enterprise systems,
the opportunity for new development projects are expected to grow
through 2017."
About WorldFlix, Inc.
WorldFlix, Inc. (OTC PINK: WRFX) operates in a variety of niche businesses
in the technology and entertainment sphere. WorldFlix divisions
include AppFarm, a platform for acquiring, developing, and growing
niche apps for mobile and tablet devices; Drobbits, an interactive
platform that allows users to create, play and monetize their own
video games; Paranotek, a Finnish technology and design company
that incorporates its military-grade, proprietary security and
privacy features when developing software and apps; Swantry,
designed to allow parents to ensure their child is safe on their
mobile device; and WorldFlix Entertainment Management, a television
and movie development and management business. For more information
on WorldFlix, Inc., please visit www.worldflix.co.
About Paranotek
Paranotek is a partnership between WorldFlix, Inc., and
Finnish-based technology and encryption experts.
Lauri Tunnela, CTO, and Johannes Maliranta, CCO, have a combined 20
years of diverse and complementary information technology
experience. Tunnela's thesis on information security
vulnerabilities has been featured in major Finnish technology
magazines. Paranotek's products range from data storage, sharing
and instant messaging services to various software suites, all
based on our disruptive security technology. While other popular
apps, software, and services collect your data, Paranotek's unique
security technology never collects user data, thus providing an
extra layer of enhanced privacy for our users. For more information
on Paranotek, please visit www.paranotek.com.
FORWARD-LOOKING STATEMENTS: "Safe Harbor" statement under the
Private Securities Litigation Reform Act of 1995: This press
release contains forward-looking statements within the meaning of
the Securities Litigation Reform Act of 1995. These statements are
based on current expectations and are to a certain degree
uncertain. Words such as expects, anticipates, intends, believe,
plan, will, and similar words are expressions intended to identify
these forward-looking statements. These statements involve risk and
subsequently are difficult to evaluate. Actual results may vary
from descriptions herein due to many factors including but not
limited to changes in business conditions, changes in laws and
regulations, problems encountered in exploration and obtaining
permits, changes in the competitive environment, technological
advances, shortages of skilled workers, the need for additional
capital and other risks listed in the company's Securities and
Exchange Commission filings under "risk factors" and elsewhere.
Forward-looking statements speak only as of the date they were
made, and the company is under no obligation to update them.
For more information, please visit: www.worldflix.co, www.paranotek.com, www.swantry.com