TITUSVILLE, Fla., and ZEPHYR COVE, Nev., April 25, 2017 /PRNewswire/ -- Global Situational Awareness Center, Kennedy Space Center -- The International Association of Certified ISAOs, a provider of Cyber Threat Analysis and Intelligence, and VirnetX™ Holding Corporation (NYSE MKT: VHC), a leader in Internet communication security software and technology, jointly announced today that they have entered into a Teaming Agreement whereby The International Association of Certified ISAOs (IACI) would market and promote VirnetX's Gabriel Collaboration Suite for private and secure communications to its member Information Sharing & Analysis Organizations (ISAO).
The International Association of Certified ISAOs (IACI) provides guidance and assistance to the development of Information Sharing and Analysis Organizations (ISAO) in accordance with the Department of Homeland Security and Executive Order 13691.
"IACI is excited to have a world-class company like VirnetX providing secure communications to our member ISAOs," said Mike Echols, IACI CEO. "New exploits are undermining the security of the simplest communications and we believe VirnetX's Gabriel product will add a trusted layer of confidence when sensitive information is being transmitted, or when networks need to be secured."
"The International Association of Certified ISAOs is an important entity to assist the Department of Homeland Security in their mission of implementing Executive Order 13691," said Kendall Larsen, VirnetX CEO and President. "We look forward to partnering with them to demonstrate how Gabriel can provide ISAOs with crucial secure communications and data transmission."
About International Association of Certified ISAOs (IACI)
The International Association of Certified ISAOs (IACI) charged with assisting the development of ISAOs, is a 501(c)6 non-profit with offices at Kennedy Space Center, Titusville, Florida, USA and Vienna, Austria. IACI was founded by the Defense Industrial Base Information Sharing and Analysis Center, Webster University, and the Global Institute for Cyber Security Research.
The IACI promotes information sharing through guidance, by assuring awareness of threats and providing management services supporting Government and Industry reduction of cyber risks. This coordinated development of partnerships allows all entities across the world the opportunity to become cyber resilient. For more information please visit https://www.certifiedisao.org/
Under Executive Order 13691, The Secretary of Homeland Security was called on to strongly encourage the development and formation of information Sharing and Analysis Organizations (ISAOs). ISAOs are entities formed to share cyber threat information with its community of trust. As part of the Executive Order, Department of Homeland Security was to enter into agreement with a nongovernmental organization to serve as the ISAO Standards Organization.
ISAOs, Information Sharing & Analysis Organizations, are owners and operators of critical infrastructure, relevant agencies, and other public- and private-sector stakeholders through a voluntary consensus standards development process to identify a common set of voluntary standards and guidelines for the creation and functioning of ISAOs. These standards address, but are not be limited to, contractual agreements, business processes, operating procedures, technical specifications, and privacy protections. ISAOs advise on best practices and lessons learned from existing Information Sharing and Analysis Centers and other information sharing organizations.
The establishment of ISAOs allows communities of interest to share cyber threat information with each other on a voluntary basis, resulting in an effective ISAO Ecosystem. ISAOs may also, if they choose, participate in existing federal cybersecurity information sharing programs, providing access to near-real-time cyber threat indicators. The goal is to create deeper and broader networks of information sharing nationally that foster the development and adoption of automated mechanisms for the sharing of information to elevate the security of the Nation. For more information, please visit https://www.isao.org/
About VirnetX Gabriel Collaboration Suite
The Gabriel Collaboration Suite™ is a set of easy to use, essential applications, that allow businesses and users to 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 Video 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, e.g. web cameras, home security monitoring systems, or personal data storage (movies, photographs, etc.), without disclosing private network information or opening special ports that can make them vulnerable to malicious hacking or attacks.
Built on top of the Gabriel Secure Communication Platform™, it uses VirnetX's patented Gabriel Connection Technology™ to automatically perform user authentication, cryptographic peer device authentication and security policy enforcement over an 'invisible network' created by using a unique virtual encrypted secure communications infrastructure. For more information, please visit www.gabrielsecure.com
VirnetX Holding Corporation is an Internet security software and technology company with patented technology for secure communications including 4G LTE security. The Company's software and technology solutions, including its secure domain name registry and Gabriel Connection Technology™, are designed to facilitate secure communications and to create a secure environment for real-time communication applications such as instant messaging, VoIP, smart phones, eReaders and video conferencing. The Company's patent portfolio includes over 115 U.S. and international patents and over 50 pending applications. For more information, please visit www.virnetx.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; (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-Q filed with the SEC on March 16, 2017. 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.
The International Association of Certified ISAOs
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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