IRVINE, Calif., March 14, 2016 /PRNewswire/ -- Ubiquity Inc. (OTCBB: UBIQ) ("UBIQUITY" or the "Company"), a vertically integrated, technology- focused media company, has announced that its licensee: iWebGate Limited has secured additional funding of $8.575 million to accelerate customer growth. iWebGate is well funded to accelerate and execute its growth strategy for its cyber security platform technology products and rapidly expand its relationship with Telstra, which includes Ubiquity's Sprocket. The Sprocket is the navigational tool in iWebGate's proprietary container technology, which resolves major problems for enterprises and government agencies of all sizes.
Ubiquity's CEO Chris Carmichael said: "We are pleased that our licensee, which is distributing Sprocket to Telstra, Australia's largest telecommunications company, 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."
iWebGate's new funding will benefit the Ubiquity-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," and the partnership with iWebGate helps bring those solutions to life.
Tim Gooch, CEO of iWebGate said: "We will be utilizing the additional support to expand our customer base to include government, enterprise and small business customers, as well as the successful work we are doing with Ubiquity to serve the telecommunications industry. iWebGate and its products and platform 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; and we believe that there is an extensive potential customer base looking for the most secure mobile options available."
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.