ZEPHYR COVE, Nev., June 20, 2018 /PRNewswire/ -- VirnetX Holding
Corporation (NYSE AMERICAN: VHC), an Internet security software and
technology company, announced today that it has entered into a
non-exclusive reseller agreement with Above PAR Advisors, a US
based consultancy and advisory firm with practices in Performance
Management, Analytics and Enterprise Resiliency, to sell VirnetX's
Gabriel Collaboration Suite as well as VirnetX's Secure Domain Name
technology.
"We look forward to offering Gabriel Secure Communications to
our clients to provide the utmost in security solutions, especially
our medical/dental and financial sectors within our Enterprise
Resiliency Program," said Philip
Hecht, Above PAR Advisors, CEO. "VirnetX's Gabriel Secure
Communication Platform will allow our clients to register their own
secure domains, have better data protection and more effectively
and efficiently comply with regulatory standards like HIPAA and
GDPR."
"We welcome Above PAR Advisors to our growing family of Gabriel
resellers," said Kendall Larsen,
VirnetX CEO and President. "It is gratifying to have an elite
firm like Above PAR recognizing the superior level of security that
Gabriel provides, and we look forward to working with them as they
bring their clients on board."
About Above Par Advisors
Above Par Advisors is a
Strategy & Innovation Design Consulting Firm helping
C-level executives take on their most difficult business challenges
resulting in increased revenue, reduced cost, or both. By applying
our core principles of Performance Analytics and Resiliency we
drive our elite clientele to become hi performing highly resilient
entities. Our team comprised of experts in Health Care,
Technology, Global Finance and other key verticals, have worked for
over 100 Foreign Governments, the Fortune 25, and mid-market
specialists. We are enabling our clients to fend off attack and
respond to organizational chaos by incorporating substantial
Cyber-Security transformation; not only make them more efficient,
reduce costs, and often raise revenues. Working with a few select
strategic partners, contact us, and see how our unique insight and
innovation can help transform your environment becoming the
benchmark against which your current competitors are now judged.
For more information please visit www.aboveparadvisors.com
About VirnetX Gabriel
Gabriel Connection Technology™
creates private and secure networks using VirnetX Secure Domains
that cannot be publicly accessed through standard
DNS. Gabriel Collaboration Suite™, built on top of
Gabriel Connection Technology, operates within a client's secure
domain as an easy-to-use set of essential applications, that allow
businesses and their employees to easily communicate and
collaborate with their peers in a secure, end-to-end encrypted
environment. The essential applications include Secure Mail, Secure
Messaging, Secure Voice Call, Secure Share & Sync and Secure
Gateway Service, all accessible through an integrated and
easy-to-use interface on mobile or desktop devices. VirnetX's
Gabriel Secure Gateway Service allows users to configure and
remotely access all their private network services without
disclosing private network information or opening special ports
that can make them vulnerable to malicious hacking or
attacks. For more information about our products and
technology and how it can assist with achieving regulatory
compliance including HIPAA, please contact our sales at
sales@virnetx.com or go to
https://www.gabrielsecure.com/
Forward Looking Statements
Statements in this press
release that are not statements of historical or current fact,
including statements regarding the strength of VirnetX's
intellectual property, constitute "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements are based on
expectations, estimates and projections about the markets in which
the Company operates, management's beliefs, and certain assumptions
made by management and involve known and unknown risks,
uncertainties and other unknown factors that could cause the actual
results of the Company to be materially different from the
historical results or from any future results expressed or implied
by such forward-looking statements, including but not limited to
(1) the outcome of any legal proceedings that have been or may be
initiated by the Company or that may be initiated against the
Company, including pending and future inter partes review
proceedings in the Patent and Trademark Office and appeals
therefrom; (2) the ability to capitalize on the Company's patent
portfolio and generate licensing fees and revenues; (3) the ability
of the Company to be successful in entering into licensing
relationships with its targeted customers on commercially
acceptable terms; (4) potential challenges to the validity of the
Company's patents underlying its licensing opportunities; (5) the
ability of the Company to achieve widespread customer adoption of
the Company's Gabriel Communication Technology™ and its secure
domain name registry; (6) the level of adoption of the 3GPP Series
33 security specifications; (7) whether or not the Company's
patents or patent applications may be determined to be or become
essential to any standards or specifications in the 3GPP LTE, SAE
project or otherwise; (8) the extent to which specifications
relating to any of the Company's patents or patent
applications may be adopted as a final standard, if at
all; and (9) the possibility that Company may be adversely affected
by other economic, business, and/or competitive factors. In
addition to statements which explicitly describe such risks and
uncertainties, readers are urged to consider statements labeled
with the terms "believes," "belief," "expects," "intends,"
"anticipates," or "plans" to be uncertain and forward-looking.
The forward-looking statements contained herein are also
subject generally to other risks and uncertainties that are
described from time to time in the Company's reports and
registration statements filed with the Securities and Exchange
Commission, including those under the heading "Risk Factors" in
Company's Quarterly Report on Form 10-K filed with the SEC on
May 10, 2018. Many of the
factors that will determine the outcome of the subject matter of
this press release are beyond the Company's ability to control or
predict. Except as required by law, the Company is under no
duty to update any of the forward-looking statements after the date
of this press release to conform to actual results.
Contact:
Above PAR Advisors
Philip Hecht
CEO & Principal
212.620.2626
info@aboveparadvisors.com
VirnetX Holding Corporation
Investor Relations
775.548.1785
ir@virnetx.com
VirnetX, Gabriel Collaboration Suite, Gabriel Secure
Communications Platform and GABRIEL Connection Technology are
trademarks of VirnetX Holding Corporation. Other company and
product names may be trademarks of their respective owners.
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SOURCE VirnetX Holding Corporation