eCrypt Technologies, Inc. (ECRY.OB) Secures Financing - Update

BOULDER, Colo., July 2 /PRNewswire-FirstCall/ -- Further to the financing press release issued on July 1st, 2010, eCrypt Technologies, Inc. (OTC Bulletin Board: ECRY) (the "Company") is pleased to announce that it has received financing pursuant to a financing agreement signed in April 2010.  

To date the Company has received $400,000, with the potential to receive up to an additional $1,600,000 within the next 30 months, in the event the investor elects to exercise its rights under warrants that it acquired.  For further details pertaining to this financing agreement, investors are encouraged to refer to the Company's Form 8-K filed with the Securities and Exchange Commission  on April 20, 2010.

About eCrypt Technologies

eCrypt Technologies, Inc. is an information security firm with a focus on the wireless industry. Its flagship product "eCrypt" is a first-of-its-kind encryption software for wireless email on BlackBerry® smartphones, and is available under a perpetual license or on a pay-per-use basis. Using the strongest encryption algorithms available for the BlackBerry® smartphone OS, eCrypt software prevents unwanted access to email messages during transmission and storage on servers and PCs. Users may communicate freely with each other knowing that no one has access to the content of their emails.

eCrypt is a member of the BlackBerry® Alliance Program and has successfully obtained a Mass Market Status for its product from the U.S. Department of Commerce, Bureau of Industry and Security. This status allows eCrypt to export and re-export the software under section 742.15(B)(2) of the Export Administration Regulations, and is recognized by the Wassenaar Arrangement.

eCrypt is available for BlackBerry® Internet Service and BlackBerry® Enterprise Server customers.

For further information, go to: ecryptinc.com or www.yourprivacyisourbusiness.com.

The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited.

Safe Harbor Statement

This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations.  The economic, competitive, governmental, technological and other factors identified in the Company's previous filings with the Securities and Exchange Commission may cause actual results or events to differ materially from those described in the forward looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward- looking statements, whether as a result of new information, future events or otherwise.

    
    
    
    Contacts
    eCrypt Technologies, Inc.
    Investor Relations:
    Brad Lever, 1-866-405-0141
    or
    Media Relations:
    Bradley Shende, 1-866-241-6868
    
    

SOURCE eCrypt Technologies, Inc.