Two of Enigmai’s largest clients include:
·
Isracard - among the largest Credit Card companies in Israel branded by Mastercard (500 seats)
·
Clal - One of the largest Insurance companies in Israel (700 seats)
Intellectual Property
Our software and most of the underlying technologies are built using a client-server architecture. Our proprietary algorithms (which is the most sensitive part of the software) are stored separately and only accessible by select team members. We rely on a combination of code segregation, individual access management, copyright, trademark laws, non-disclosure agreements and other contractual provisions to establish and maintain our proprietary intellectual property rights.
Customers license the right to use our software products on a non-exclusive basis.
While we believe that our intellectual property as a whole is valuable and our ability to maintain and protect our intellectual property rights is important to our success, we also believe that our business as a whole is not materially dependent on any particular trademark, license, or other intellectual property right.
Software Development
We design, develop, test, market, license, and support new software products and enhancements of current products. We continuously monitor our software products and enhancements to remain compatible with standard platforms and file formats.
Government Regulation
We do not believe that we are subject to any governmental regulations or approval requirements affecting our products or services. Complying with the regulations and requirements applicable to our business does not entail a significant cost or burden. We believe that we are in compliance in all material respects with all applicable governmental regulations.
Human Resources
As of June 30, 2022 we have one employee and have consulting agreements with two of our officers. Enigmai has signed an agreement with Aurora View to provide support service for existing clients and software development services. The size of the team is adjusted based on the project we are working on and the work load
Personal relationships with our existing customers are an important part of our business, and our customers have come to rely on the personal service and knowledge of our workforce across all functional areas. When selecting talent, we consider education, experience, diversity, and the likelihood that a candidate will espouse our values of integrity, collaboration, dedication, creativity, and superior customer service.
We are committed to fostering a diverse and inclusive workforce that attracts and retains exceptional talent. In addition, we pride ourselves on an open culture that respects co-workers, values employees’ health and well-being and fosters professional development.
DESCRIPTION OF PROPERTY
The Company’s corporate office is at 2803 Philadelphia Pike, Suite B #565, Claymont, DE 19703, which space is provided free of charge by one of our officers for executive management. Our subsidiary, Enigmai Ltd. occupies shared office facilities 156 Menachem Begin Rd., H Tower recital, 18th Floor, Tel Aviv, Israel, which is provided free of charge by the Company’s legal counsel.
Additional space is expected to be required as we expand our operations. We do not foresee any significant difficulties in obtaining any required additional space. We currently do not own any real property.
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