SALT LAKE CITY, April 10, 2017 /PRNewswire/ --
Continuing its selective expansion into all facets of IT & IP Risk Management, IP Risk Control (OTC: APHD) acquired enterprise cloud data classification and governance leader, ClassiDocs.
As per the terms of the transaction, Mr. Jason Remillard will be appointed President of IP Risk Control and will lead product management, field and channel sales enablement, and OEM/distribution partnerships with leading partners in DLP, identity and access governance, end point security, and data encryption.
"Mr. Remillard has broad experience in major enterprise - producing, selling, and procuring high-end technology solutions - which brings great value back to the company," commented Chief Executive Officer, Mr. Robert Sargent. "Cross product sales, partnerships, and development continue to be a major focus for IP Risk Control and this is the latest step in that direction."
"The team at IP Risk Management has the focus, product set, and market approach that complements ClassiDocs very well," added Mr. Remillard. "I look forward to working with our joint customers, investors, development, and sales teams to grow an organization combining technology and services that enable and protect our clients' business operations."
Mr. Remillard has over 25 years' experience in high-tech security and software product management, enterprise security consulting, marketing, and sales enablement. His most recent role was as Vice President Security Architecture for Deutsche Bank and he has held numerous roles with some of the world's largest brands - including TD Bank, Dell Software, Quest Software, and IBM. The completion of the acquisition of ClassiDocs represents the fifth consecutive successful startup exit for Mr. Remillard.
Data Classification and Governance is a key foundation technology and approach that is fundamental to any enterprise's security program. ClassiDocs was developed specifically to rapidly communicate to data stewards 'what data is where' - in a fast to deploy, easy to understand approach.
The ability to classify data sets in myriad platforms - with an accurate and up-to-date classification system - is integral for any organization (health care, financial services, manufacturing, government) with private, customer or financial information to protect. ClassiDocs represents a departure from the regular approaches - with its focus on end-user adoption, simple and rapidly deployable architecture and native integrations with leading SIEM, EndPoint Security and Governance and Compliance toolsets.
IP Risk Control delivers global 'best-of-breed' products and technologies to bring complete holistic solutions to combat the annual $1.7 trillion counterfeiting and pirating of global goods.
Terms of the transaction were not disclosed.
About Appiphany Technology Holdings Corp.
Appiphany Technologies (IP Risk Control) (http://www.ipriskcontrol.com) commenced operations in June of 2009. The scope of the business was based around the use of new technologies in the consumer market. Appiphany has now completely diversified its offerings to deliver global 'best-of-breed' products and technologies to bring complete holistic solutions to combat the annual $1.7 trillion counterfeit and pirating of global goods. Diversifying its involvement in the various industries where technologies blend with entertainment. The evolution of the Company will be the expansion of our suite of products to include brand protection, risk management and brand integrity consultancy, Internet monitoring as well as support services that will augment our current core software creation.
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Appiphany's filings with the SEC, which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
SOURCE Appiphany Technology Holdings Corp