IRVINE, Calif., March 10, 2016 /PRNewswire/ -- Ubiquity Inc. (OTCBB: UBIQ) ("UBIQUITY" or the "Company"), a vertically integrated MAAS and SAAS, technology- focused media company, has announced that its licensee: iWebGate Limited has announced it is in the final process of securing additional financing to continue its development, reach, and sales of the Sprocket enhanced iWebgate cyber security platform. The Sprocket OS navigational tool and intelligent search in iWebGate's proprietary secure container technology, solves major problems for enterprise and government agencies and customers of all sizes by providing the scalability needed.
Ubiquity's CEO Chris Carmichael said: "We are pleased that our partner, which is distributing Sprocket to Telstra, Australia's largest telecommunications company, and others, is receiving additional funding to expand all of its customer relationships. Our partnership with iWebGate is going strong and moving forward, we are expecting to enter other markets with them as well."
Tim Gooch, CEO of iWebGate said: "iWebgate is looking forward to putting this financing in place during this exciting phase of the Company's development."
iWebGate's new funding will benefit the Sprocket-iWebGate partnership, which has already successfully begun to include Sprocket through its secure mobile containers to 800,000 users. Ubiquity is committed to "mobile as a service (MAAS)," and the partnership with iWebGate helps bring all those solutions to life.
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.
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SOURCE Ubiquity Inc.