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Wednesday, 04/11/2018 7:54:39 AM

Wednesday, April 11, 2018 7:54:39 AM

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Ron Pitcock on Board!!! Paranotek Attracts Leading Industry Experts for Billion Dollar Revenue RoadmapDr. Ron Pitcock is Next to Join the Team to Drive International Retail and Commercial Sales of Patent-Pending..

LOS ANGELES, Dec. 04, 2017 (GLOBE NEWSWIRE) -- WorldFlix, Inc. (OTC:WRFX) and its cybersecurity software subsidiary Paranotek today announced the next addition to their world class executive team. Dr. Ron Pitcock, an international sales executive and cybersecurity expert, has joined Paranotek as the new President of Global Sales. Recently, Mr. Mick Davis, a senior cybersecurity expert with a background in leading edge commercial and military information services and security innovations, was appointed CEO of Paranotek.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/e7f3a4b0-b0bf-42af-8581-ac8503b78ab1

About Dr. Ron Pitcock

With over 20 years serving as CEO or President in the IT industry managing multi-million-dollar technology organizations, Dr. Pitcock brings a wealth of sales and operational experience and key industry relationships to the helm of Paranotek.

Dr. Pitcock has:

Launched a technology company IPO reaching a market cap of $2.5 billion
Oversaw M&A, new product development and a 500% increase in market presences at a US broadband and voice data company and obtained 1 Million subscribers within two years
Escalated revenue to 100% year-over-year at fast growing security products company thru successfully targeting new sales markets
Turned $20 million loss into $12 million profit at international ICT company thru increasing customer volume, expanding sales of high-margin products and creating additional sales avenues
Authored various technology publications to include “Evaluating the Cyber Security Capabilities of Senior Manager Employed by Companies in the Unites States”
Earned his Bachelors from Texas A&M, Masters of Science from Denver University and Doctorate in Business Administration from Jones International University
Honorably served in the US Army to rank of Major
“Paranotek is attracting top industry talent, and we are thrilled to have Ron join us to drive our global retail and commercial sales with plans of reaching sales in the millions by next year. Ron is a seasoned technology industry executive with an excellent revenue and sales record. He has already started executing his sales strategies with our CEO Mick Davis for our flagship cybersecurity product ‘Parano’ with exciting revenue goals for 2018. We could not be more pleased to have Ron on the team,” stated Brad Listermann, Chairman and CEO of WorldFlix.

Paranotek is a global innovation company focused on developing and licensing robust technologies that increase personal and corporate information privacy and security through significant advancements in encryption security software. The company has developed a patent pending innovation known as ‘Parano’ 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.