BlackBook2 Enters Revenue Sharing Agreement with WidePoint Subsidiary Protexx to Market Advanced Cyber Security Protection to Over 20 Million Members
WASHINGTON--(BUSINESS WIRE)--WidePoint Corporation (NYSE AMEX: WYY), an information technology company specializing in wireless mobility and cyber security services, said today that its subsidiary Protexx has entered into a revenue sharing agreement in which BlackBook2 will market Protexx’s cyber-security encryption product Data Guard Dog to its more than 20 million members.
Data Guard Dog, which is designed to eliminate hacking and identity theft on the Internet, enables individuals and firms to protect their personal and business data and information. The agreement goes into effect January 2010. More information about Data Guard Dog may be found at website http://www.thedataguarddog.com.
Protexx President Peter Letizia said, “Internet users generally have a false sense of security. They are unaware of the major threat of data vulnerability. With electronic data theft becoming more common every day, it is no longer a question of if, but rather when one will become a victim of computer hacking. Most computer users have some awareness of this issue and have attempted to take steps to secure their data with protective software such as anti-virus, anti-phishing, spyware protection or protective firewalls. What they do not know is that they have not really protected themselves and remain at serious risk of data theft.”
“Popular software products such as Norton, McAfee and AVG only protect `data at rest,' that is, data residing on someone’s computer. But once information is actually sent over the Internet and becomes `data in motion,' it becomes vulnerable to theft. When using an Internet hot spot, connecting at home through DSL or broadband, using a satellite service or even applying 128 bit protection for online banking, virtually all data in motion remains at risk. To offset this risk, our Data Guard Dog technology provides Advanced Encryption Standard (AES) 256 based protection that gives users exceptional protection for data in motion,” Letizia said.
BlackBook2 President Amy Nalewaik said, “BlackBook2 is extremely excited to be entering into an agreement with Protexx. This agreement will allow us to continue to offer information and solutions to our members that make a difference. When using the World Wide Web we understand the importance of security. This is just one more product we can offer our members so they can take steps to secure their private information no matter where they are."
About BlackBook2
BlackBook2 is an industry leading social and business networking community offering a suite of services to its members. BlackBook2 presently serves over 20 million members and receives over 60,000 new registrations per day. It ranks as one of the highest search engine optimization websites garnering over 11 million page hits per day.
About Protexx
Protexx is a WidePoint company that specializes in the remote authentication of users to ensure complete confidentiality by providing cyber-security encryption solutions protecting all data in motion. Protexx’s Data Guard Dog software virtually eliminates the risk of online data theft with AES 256 level data encryption. The AES 256 encryption standard has been effective as a government standard since 2002 and is approved by NSA for use with Top Secret information.
About WidePoint
WidePoint is a leading provider of advanced information technology products and services including identity assurance and information management and protection services, forensic informatics and wireless technology services. WidePoint has several wholly owned subsidiaries holding major contracts, Operational Research Consultants, Inc. (ORC), iSYS, LLC, Protexx, and WidePoint IL. WidePoint enables organizations to deploy fully compliant IT services in accordance with government-mandated regulations and advanced system requirements. For more information, visit http://www.widepoint.com.
An investment profile about WidePoint may be found at http://www.hawkassociates.com/profile/wyy.cfm.
For investor relations information regarding WidePoint, visit http://www.hawkassociates.com or contact Frank Hawkins, Hawk Associates, at 305-451-1888, e-mail: widepoint@hawkassociates.com. To receive notification of future releases via e-mail, subscribe at http://www.hawkassociates.com/about/alert/.
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