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Building a Billion Dollar App
How a new tech company builds the next great encrypted chat app
 

Los Angeles, CA - June 19, 2017 - InvestorsHub NewsWire - WorldFlix (OTC: WRFX) - In today's world of apps for mobile and smart devices, nothing is trending higher or in more demand than the ability to communicate safely and securely in this highly un-secure, un-private era. Chat apps like WhatsApp that tout triple encryption technology have been bought for billion dollar price tags. This demand for secured communications will only grow and the trend for companies’ value will also grow along with it. Paranotek, a WorldFlix subsidiary, is proud to announce the coming of their new chat app based on their groundbreaking patent pending technology.

Paranotek utilizes a unique combination of encryption technologies, creating perhaps the first technology virtually unhackable by even a supercomputer. Lauri Tunnela, CTO of Paranotek, has made his life mission and passion to study and solve the challenges of encryption in today's quickly evolving tech world. With this new "Parano Protocol" designed into the patent, layers of encryption technology are woven together in a new way creating a new method of securing encryption keys and keeping users’ data private.

Brad Listermann, CEO of WorldFlix, said, "We truly believe we are building a billion dollar technology supported by this groundbreaking patent. We are excited by the tremendous amount of apps and new services we will be able to provide, and the tremendous market needs that will be filled by our technology and products. We are currently finalizing the patent and testing the technology with third parties. Soon thereafter, we will file and announce the name and features of the new chat app.”

This chat app can be previewed in the upcoming release of Swantry, an app that helps parents and guardians to keep children safe on smart devices and tablets. It includes features that parents have asked for, such as geofencing, safe social features, management of contacts and more. Swantry includes a comprehensive chat feature that utilizes the parano protocol technology, ensuring safe and private communications for parent and child. Next up will be a standalone chat app set to rival those out today valued at billions such as WhatsApp and Signal.
 

About WorldFlix, Inc.

WorldFlix, Inc. (OTC: 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 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.swantry.com, www.paranotek.com, www.worldflix.co.

CONTACT INFORMATION

WorldFlix, Inc. (OTC: WRFX)

Brad Listermann

Chairman and CEO  

(310) 684-2462

worldflix@live.com

SOURCE WorldFlix, Inc.

Related Links

http://www.worldflix.co