“Open source has always provided a number of benefits, including easing adoption costs, propagating a better understanding of the technology, and allowing for faster evolution and commercialization of products and services based on it,” noted Terry Woloszyn, Founder & CEO, Leeward Security Ltd., in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “This is clearly evident with the OpenStack and CloudStack,” Woloszyn continued, “and others that have been quickly commercialized as...| By Marketwire . | Article Rating: |
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| February 8, 2013 06:00 PM EST | Reads: |
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BOULDER, COLORADO -- (Marketwire) -- 02/08/13 -- eCrypt Technologies, Inc. (OTCQB:ECRY) announced today a correction to its press release issued on Monday, September 13, 2010 entitled "eCrypt Technologies, Inc (ECRY.OB) Increases Potential Market by Over 4,800%".
In the press release, the Company reported that it expanded its potential market by over 4,800% through the development of an email privacy solution compatible with all internet enabled devices, including smartphones, laptops and desktop computers. Through a subsequent review the Company identified a calculation error resulting in an overstatement of the increase. The increase in potential market share should have been reported as "over 3,800%" (3,840%), not "over 4,800%" (4,835%).
While the increase in the potential market share with the development of eCrypt Me was significant at over 3,800% in 2010, it is even greater today at over 4,400%.
"In 2010 the Radicati Group reported the total number of email users world wide to be approximately 1.8 billion. Today it is reported that number sits at over 2.1 billion. The opportunity for eCrypt Me is still considerable," commented eCrypt CEO, Brad Lever. "We wish however, that we identified our error earlier, and for this we apologize."
About eCrypt Technologies - eCrypt Technologies, Inc. is at the forefront of data security, specializing in military grade email encryption and file storage products for individuals, small business and enterprise. eCrypt empowers people and organizations with the freedom to communicate fully and openly without risk of liability, reputation damage, competitive threat and other negative outcomes. eCrypt is the trusted first choice for those looking to keep their communications confidential.
eCrypt Technologies, Inc. (OTCQB:ECRY)
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:
Media Contact
eCrypt Technologies, Inc.
Chris Neary
1.866.200.1065
chris.neary@ecryptinc.com
www.ecryptinc.com
Published February 8, 2013 Reads 470
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New, "Super-Sized" 4-Day Cloud Computing Bootcamp is a brief introduction to cloud computing carefully created and devised to help you keep up with evolving trends like Big Data, PaaS, APIs, Mobile, Social and Data Analytics. Solutions built around these topics require a sound cloud computing infrastructure to be successful while assisting customers harvest real benefits from this transformational change that is happening in the IT ecosystem.
As enterprises deploy private IaaS clouds into production they are reevaluating their future application delivery models. SUSE and WSO2 believe that private PaaS will leverage the automation and scalability of Private IaaS solutions, such as OpenStack-based SUSE Cloud, to deliver the secure, standardized development environments that will make migrating to an agile, serviceoriented delivery model possible.
In their session at the 12th International Cloud Expo, Chris Haddad, VP of Technology Ev...
“Trust is an ongoing journey and sits at the foundation of any vendor relationship – the companies that don’t consistently earn trust won’t be around long,” noted Henrik Rosendahl, Senior VP of Cloud Solutions at Quantum, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “As they do more with cloud, trust will organically grow – maybe it’s just about meeting SLAs or seeing firsthand that data is there when you need it,” Rosendahl continued.
Cloud Computing Journal: The move ...
Our more interconnected planet is accelerating the adoption and convergence of next-generation architectures, in the form of cloud, mobile and instrumented physical assets. Organizations that can effectively balance optimization and innovation, will be in a position to leverage new systems of engagement, out maneuver their peers and achieve desired outcomes. In the Opening Keynote at 12th Cloud Expo | Cloud Expo New York, IBM GM & Next Generation Platform CTO Dr Danny Sabbah will detail the crit...
Cloud enables SMBs to access new, scalable resources – previously only available to enterprises – in flexible and cost-effective ways. McKinsey’s SMB Cloud Report projects the public cloud market to reach $40-$50 billion by 2015, with SMBs comprising 65% of public cloud spending in 2015. But selling cloud to SMBs raises the questions of who, what and how.
In this session Manjula Talreja, VP of Cisco’s Global Cloud Business Development Team, will discuss the importance of knowing who SMB...
Analyzing Hadoop jobs and speeding them up is often a tedious and time consuming effort that requires experts. In his upcoming session at 12th Cloud Expo | Cloud Expo New York [10-13 June, 2013], Michael Kopp will be showing how proven APM techniques can be used to speed up Hadoop jobs at the core, without going through tons of log files, beyond just adding more hardware and within minutes instead of hours or days.
At pennies per virtual machine-hour, the economics of cloud computing are both compelling and daunting to replicate. Whether you are building your own cloud infrastructure, building a public cloud or choosing a cloud service, there are key strategy and technology decisions that make the difference between success and failure.
This session will share industry best practices for deploying cloud infrastructure that maximize the benefits of cloud economics, agility and interoperability. Learn how...
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