Thursday, October 19, 2017 12:09:25 PM
AUSTIN, TX--(Marketwired - March 17, 2016) - Bravatek Solutions, Inc. (OTC PINK: BVTK) is in discussions with firms about the potential licensing of its patent-pending software, an acquisition deal, and potential spin-offs for Ecrypt One.
Ecrypt One is a game-changing cybersecurity email solution designed to replace traditional email servers which require additional security products and services to be secured.
The company is ramping up resources to meet the Telecom services demand for its current customers. In addition, management is in negotiations for work involving the massive FirstNet program, whereby Congress made history by allocating valuable spectrum and up to $7 billion in funding for the construction of the FirstNet network. This can provide Bravatek with a truly nationwide footprint.
Bravatek Solutions, Inc.'s Chairman & CEO, Thomas A. Cellucci, PhD, MBA commented: "The innovative components in Ecrypt One make it attractive to well-established firms targeting cybersecurity applications. Coupled with its ingenuity, it is an attractive target for acquisition or a spin-off. Our motivation for this move is simple and straightforward: our Telecom group is demanding management's full attention and these kinds of business solutions would allow for the software to be utilized more fully, faster and should yield a higher and quicker return-on-investment for our shareholders. With our Telecom group growing aggressively as our small company is negotiating contracts for new work with large firms, it needs to devote its energies to satisfy demand -- and deliver excellence -- period."
"Ecrypt One is expertly engineered to address the weakest parts of information networks," said Bravatek's VP of Software, Ian Treleaven. He continues: "It's a new and effective take on what a secure email system should be. Our technology has amazing potential, and it's exciting to participate in the business opportunities that are being discussed."
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