World Class Cybersecurity Expert Joins
WRFX as CEO of Paranotek
Los Angeles, CA -- October 24, 2017 -- InvestorsHub NewsWire --
WorldFlix, Inc. (OTC: WRFX),
a mobile application and end-to-end encryption software company
focused on corporate data security, today announced that
international cybersecurity expert Mick Davis has been appointed as the new CEO of
Paranotek, the company's wholly owned security subsidiary.
Mr. Davis is a highly respected senior veteran of the
cybersecurity industry with a background in both commercial and
military software and security. After 9-11, Mr. Davis returned to
part-time military service to
bring solutions to meet high value intelligence and diplomatic
mission objectives in information operations and signal processing
encryption and concluded his Intelligence Community career after a
3-year tour as a Senior Advisor at USCYBERCOM at Fort George G. Meade,
Maryland, and with the Defense Intelligence Agency in
Washington, D.C. Mr. Davis' recent experience includes Chief of
Asymmetric Engagements at Celsus Advisory Group and Senior Security
Researcher at Cyber Fidelis, Inc. Mr. Davis has also served as a
Director to the Board of the American Cable Television Association and has been a
guest security expert at various industry conferences and on news
stations to include FOX.
"After many years in the security industry witnessing
organizations dealing with the exploitation and loss of
confidential information to state sponsored actors, organized
criminal enterprises and political hacktivists, I am incredibly
impressed with Paranotek's novel and frankly groundbreaking
approach to encryption technology. Paranotek's suite of solutions
are far ahead of the curve in privacy and encryption technology.
I originally discovered the company during my own research
into messaging privacy solutions and met with the team based in
Finland. I was amazed at the striking insight and progress that
Lauri Tunnela and Johannes Maliranta achieved in applying quantum
information theory to encryption methods. I am excited to be
joining as CEO," stated Mick Davis, new CEO of Paranotek.
"Paranotek's multi-level security and data-centric encryption
software suite is ideal for the long overdue security
transformation necessary for consumer credit data services,
personal health care data, and political campaign information and
donor data, just to name a few. The Quantum Cryptology Market is
forecast to reach over US$2 Billion by 2024. Paranotek's security
solution will work with any existing database software and is
completely scalable, making it easy to integrate and fulfill any
size commercial or government need."
Brad Listermann, Chairman and CEO of WorldFlix, added, "We could
not be happier to have Mick join us as CEO of Paranotek. As a
renowned expert in the cybersecurity field, Mick will bring
invaluable security expertise and years of industry leadership to
the helm as we roll out our premiere security product 'Parano'.
All of us at WorldFlix and Paranotek are pleased to welcome
him aboard."
Paranotek is a security software company that has developed
'Parano' as a post-quantum, cryptographic protocol, designed to
withstand sophisticated security hacks both currently in use and
expected in the future from super and quantum computers. The
company's latest security software solutions will allow
corporations to keep their employees and data safe while also
monitoring and analyzing potential breaches and productivity with
real-time, centralized reporting.
About WorldFlix, Inc. (www.worldflix.co)
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 (www.paranotek.com)
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 complimentary 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.
CONTACT INFORMATION
WorldFlix, Inc. (OTC:
WRFX)
Brad Listermann
Chairman and CEO
(310) 684-2462
brad@worldflix.co