ZEPHYR COVE, Nev., May 17, 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 TITAN Commerce Continental
Services GmbH, a German based seller and marketer of international
products and services in the European and African markets, to sell
VirnetX's Gabriel Collaboration Suite as well as VirnetX's Secure
Domain Name technology to its international customer base.
"For years TITAN Commerce has been successfully selling quality
networking products and services to our international customers,"
said Hans-Georg Bieschke, TITAN
Managing Director/ Geschäftsführer. "We are excited to be
able to offer them a premiere security platform, the Gabriel Secure
Communications Suite. The Gabriel suite along with Secure
Domain Names will provide our customers with exceptional security
for all their communications."
"TITAN Commerce is a successful, progressive company and they
are the perfect partner to introduce Gabriel in Europe and Africa," said Kendall
Larsen, VirnetX CEO and President. "With their vast
networking and technology experience, we are confident that TITAN
will aggressively penetrate these critical continents in our
worldwide Gabriel rollout."
About TITAN Commerce
TITAN Commerce Continental
Services GmbH is a German based company and was founded in 2000.
TITAN Commerce Continental Services GmbH is your professional
partner in the marketing of international products in the European,
Eastern European and African markets with the main focus on network
technology for professional users.
With many years of experience our team consisting of sales,
marketing, support and logistics experts ensures that we can always
provide powerful high-end networking products with a great
price-performance ratio.
Thanks to cooperation with well-known partners such as VirnetX,
Datacom Systems, Hot Lava, US Robotics and Packet Design as well as
the own development of tailor-made solutions, you will always find
the right solution for your needs for network security, network
taps, switches and other network technology. Connect with us and
benefit from our expertise! For more information, please
visit us at http://www.titan-commerce.com/de/
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:
Investor Relations
VirnetX Holding Corporation
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