Does it get any better.....right from the filing......filings are golden......everything in them is solid.....I heard that somewhere....
Our Business
Cipherloc Corporation is a Technology and Services based Solutions Company for the rapidly expanding Cloud based Cyber Security industry. Cipherloc is based in Henderson, Nevada.
The company has introduced an innovative and revolutionary new type of encryption technology with five international patents and two US patents pending and is the industry’s first “Polymorphic Cipher Engine”, called CipherLoc ® . It is the first secure commercially viable advanced “Polymorphic Key Progression Algorithmic Cipher Engine” (PKPA). This morphing cipher can be used in any commercial data security industry and/or in sensitive applications.
The company will start generating revenues as soon as October, 2016. We are planning to launch our first wave of products in September, 2016. These initial products will be focused on protecting “data in motion” and will consist of three different offerings: CipherLoc EDGE (for mobile platforms), CipherLoc ENTERPRISE (for desktops, laptops, & tablets), and CipherLoc GATEWAY (for servers). The summaries for each of these products can be found on our website. However, the end goal with the release of these products is to offer end-to-end data security (i.e. data can be securely sent to/from any mobile device, any PC, and any server).
We will be pursuing a Business to Business model. One of the reasons for the delay in the product release is because we originally planned on a Business to Consumer model. However, the end result of moving to a B-to-B model is that it is a far more scalable model because rather than trying to sign up individual clients, we will instead be pursuing businesses directly who will embed our technology within their own product offering. We will be offering these potential clients a fairly standard software licensing - maintenance model under which they will license our software for use within their own products. Any company today that is currently using encryption technology becomes a potential customer for us. By targeting companies who are already building solutions that have encryption built-in to their products, we are planning to achieve scale much faster.
We have recently hired very well qualified personnel in Marketing and Sales as well as a highly qualified technical staff. We are also working with a third party and plan to engage with many more once our products are out on the market.
