ZEPHYR COVE, Nev., June 20, 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 Above PAR Advisors, a US based consultancy and advisory firm with practices in Performance Management, Analytics and Enterprise Resiliency, to sell VirnetX's Gabriel Collaboration Suite as well as VirnetX's Secure Domain Name technology.
"We look forward to offering Gabriel Secure Communications to our clients to provide the utmost in security solutions, especially our medical/dental and financial sectors within our Enterprise Resiliency Program," said Philip Hecht, Above PAR Advisors, CEO. "VirnetX's Gabriel Secure Communication Platform will allow our clients to register their own secure domains, have better data protection and more effectively and efficiently comply with regulatory standards like HIPAA and GDPR."
"We welcome Above PAR Advisors to our growing family of Gabriel resellers," said Kendall Larsen, VirnetX CEO and President. "It is gratifying to have an elite firm like Above PAR recognizing the superior level of security that Gabriel provides, and we look forward to working with them as they bring their clients on board."
About Above Par Advisors
Above Par Advisors is a Strategy & Innovation Design Consulting Firm helping C-level executives take on their most difficult business challenges resulting in increased revenue, reduced cost, or both. By applying our core principles of Performance Analytics and Resiliency we drive our elite clientele to become hi performing highly resilient entities. Our team comprised of experts in Health Care, Technology, Global Finance and other key verticals, have worked for over 100 Foreign Governments, the Fortune 25, and mid-market specialists. We are enabling our clients to fend off attack and respond to organizational chaos by incorporating substantial Cyber-Security transformation; not only make them more efficient, reduce costs, and often raise revenues. Working with a few select strategic partners, contact us, and see how our unique insight and innovation can help transform your environment becoming the benchmark against which your current competitors are now judged. For more information please visit www.aboveparadvisors.com
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 firstname.lastname@example.org 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.
Above PAR Advisors
CEO & Principal
VirnetX Holding Corporation
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