TMCnet News
VirnetX Signs Distribution and Service Agreement with IP DreamZEPHYR COVE, Nev., May 23, 2019 /PRNewswire/ -- VirnetX™ Holding Corporation (NYSE AMERICAN: VHC), an Internet security software and technology company, and IP Dream, a Japanese based strategic technology developer and service provider, announced today that on April 18, 2019, they signed a non-exclusive Distribution and Service Agreement for IP Dream to sell VirnetX's Gabriel Collaboration Suite as well as VirnetX's Secure Domain Name technology to its clients in Japan and greater Asia. "We look forward to presenting VirnetX's secure communication technology to our major partners," said Jiro Shimoyama Representative Director, President of IP Dreams, Inc. "This secure communication technology is needed, and we feel that our partners will embrace it. We already have a Memo of Understanding from a leading Japanese office/home security company expressing that they imminently plan to use Gabriel for their services involving surveillance cameras and their company's own security needs. This company has the largest market share in Japan and has global presence fulfilling similar needs outside of Japan." "IP Dream is an excellent company and a perfect partner to represent us in Japan and the rest of Asia," said Kendall Larsen, VirnetX CEO and President. "IP Dream is a recognized Japanese leader in technology development and services with an impressive, tier one client list that we look forward to introducing and implementing Gabriel." About IP Dream We, the Unprecedented Dream (IP Dream), provide the IT services needed in the world market with the slogan, "First from the world." In order to provide services to companies worldwide, we modularize the necessary services and technologies and provide what is needed in each market in a way that suits the market. In addition, since its inception, we operate as a leading-edge technology company that consistently provides R & D to technology and service provision, and contributes to the service construction of many global market partners. We provide services in Japan, the United States, India, Canada, Australia, New Zealand, the United Kingdom, etc. In addition, service provision to East Asian markets such as Hong Kong, Taiwan, China, etc., and preparation for South American markets such as Brazil, Mexico etc. are lso ready, and our technology and service provision area is expanding steadily. For more information about IP Dream please visit our website: www.ip-dream.co.jp/ja/ About VirnetX VirnetX Holding Corporation is an Internet security software and technology company with patented technology for secure communications including 4G LTE and 5G 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 Contact: View original content:http://www.prnewswire.com/news-releases/virnetx-signs-distribution-and-service-agreement-with-ip-dream-300855781.html SOURCE VirnetX |