IRVINE, Calif., March 3, 2016 /PRNewswire/ -- Ubiquity Inc. (OTCBB: UBIQ) ("UBIQUITY" or the "Company"), a vertically integrated, technology-focused media company, has announced that its licensee: iWebGate Limited through Sprocket HK Ltd., has been cited as a case study by the Australian Government, and Department of Defense. The 2016 Defense Industry Policy Statement titled: "Business and Government working together for success," states:
"The business (iWebGate)'s potential and the significance of its technology for both commercial and Defense applications was recognized and it was agreed to pursue parallel and complementary paths of assistance for the company. iWebGate continues to receive strong and ongoing support from the Australian Government as it enters into a new stage of business growth and international commercialization."
At the same time iWebGate has begun to distribute Ubiquity's Sprocket through its mobile containers.
"Ubiquity's Sprocket brings an ease of use and experience to iWebGate's security platform by creating a user interface with a single sign on access point. The Sprocket in iWebGate's container will be commercialized on a per user based revenue model. The Sprocket platform now has a wide range of opportunity with its ability as Mobile as a Service ("MaaS") and Software as a Service ("SaaS") to enable its customers of all sizes to be scalable and deliver the best possible experience to both the network and the end user," stated Ubiquity's CEO Chris Carmichael.
iWebGate's software technology is solving these problems:
- The Virtual Services Platform (VSP) is made available for organizations of all sizes including government agencies. The VSP fortifies networks better by quickly and easily establishing a secure network environment around an organization's entire range of networks to deal with in-bound and out-bound attacks.
- The Virtual Invisible Network (VIN) delivers better performance and overcomes the numerous security and functional shortfalls associated with traditional Virtual Private Network (VPN) technologies.
- The Virtual Application Container (VAC) establishes a secure container on PC, Laptop, Tablet and Smartphone devices. The container is an isolated place where an application can run without affecting the rest of the system and without the system affecting the applications. This is where the user experience comes to life.
"We are delighted to co-announce our work with Ubiquity (California, USA) and their Sprocket technology. It makes the user experience of our technology completely engaging to the point they don't even know top level Fortune 500 security capacity is working underneath the Sprocket. Including the Sprocket as part of our user interface and single-sign-on experience adds an exciting dimension to our container technology. When used in combination, iWebGate's three abstraction layers create an advanced delivery platform. This platform intensifies the way enterprise solutions are delivered across networks, with security being a standout feature. The team at iWebGate remains focused on delivering to market through its strategic partners," stated Tim Gooch, iWebGate's CEO.
About Ubiquity, Inc. (OTCBB: UBIQ)
Based in Irvine, CA, Ubiquity is a vertically integrated, technology-focused media company. Ubiquity is focused in five specific areas with a robust portfolio of patents and intellectual property. The Company has developed an intuitive user interface making access to all content from any device in a simple, consistent format. Ubiquity enables the search and identification of any object and image in all video and digital media and has developed a platform for mobile transaction including the integration of payments, money transfers, coupons and gifts. Ubiquity has also developed an industry-leading, intuitive, immersive consumer experience for all web-based activity. Finally, the company allows for the personalization of all content, whether public or private, in a unique accessible way. Ubiquity's intellectual property and unique cloud-based technology combines Mobile as a Service ("MaaS") with Software as a Service ("SaaS") to enable its customers to structure their content and data in a mobile cloud to deliver innovative user experiences to their multiscreen communities and audiences worldwide. Through Ubiquity Labs the company is leveraging an extensive portfolio of intellectual property spanning Web 3.0, immersive advertising, video compression, content distribution, e-commerce, and mobile applications to support the commercialization of new technologies. In addition, Ubiquity intends to pursue strategic licensing opportunities. Ubiquity, Inc. owns 51% of Sprocket Hong Kong Ltd., and receives 60% of the revenue generated from Sprocket HK Ltd. For more information go to www.ubiquitycorp.com
About iWebGate (ASX: IWG)
iWebGate Limited (IWG) is a technology company, focused on cyber and mobile security, which provides sophisticated network solutions to organizations of all sizes. IWG was founded in 2004 in Perth, Australia, has a global operations office in Maryland, USA and has recently established operations in Europe. The Company has won a number of prestigious awards, including the worldwide winner of the Global Security Challenge, and has earned the highest NIST Compliance rating awarded by CyerRx. IWG's software creates a new network communication environment that sits on top of, and in front of, the traditional firewall set-up. This acts as a virtual, secure and collaborative "reception area" for all connected networks. To compliment this innovation, IWG has also created an interlinking technology for connecting and commanding related devices, application and users to the network via this best practice design. This allows for the virtualized segmentation of connected networks. The software enables organizations to connect, implement and manage 3rd party security and Software as a Service (SaaS) applications and procedures via IWG's platform. IWG's software is currently available through the Telstra Marketplace with imminent plans to rapidly expand its offerings in the US and Europe.
Forward-Looking Statements
This news release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this news release, the words "estimate," "project," "belief," "anticipate," "intend," "expect," "plan," "predict," "may," or "should," and the negative of these words or such variations thereon or comparable terminology, are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the failure of the business strategy, the integrity of the Company's patents, proprietary intellectual property, and competition. The Company cautions that the foregoing list of risk factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events, including the risk factors set out in the Company's 10K/A for the year ended December 31, 2014. See the sections entitled "Risk Factors" in Ubiquity's quarterly and annual reports as filed by Ubiquity from time to time with the Securities and Exchange Commission. The Company has assumed that the material factors referred to above will not cause such forward-looking statements and information to differ materially from actual results or events.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE SECURITIES LEGISLATION.
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SOURCE Ubiquity Inc.
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