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Paranotek Partners with AMPEX Data Systems to Ensure the Security of Future Digital Recorders
[May 31, 2018]

Paranotek Partners with AMPEX Data Systems to Ensure the Security of Future Digital Recorders


LOS ANGELES, May 31, 2018 /PRNewswire/ -- Paranotek, LLC a wholly owned subsidiary of WorldFlix, Inc. (OTC: WRFX), announces a revenue producing partnership agreement with Ampex Data Systems, a world leader in visual intelligence and data security in rugged environments.

Ampex produces integrated data acquisition and recording systems for commercial aviation. These environmentally hardened systems provide storage, machine learning and security for airborne systems.

International cybersecurity expert and Paranotek CEO, Mick Davis, says, "The partnership with Ampex Data Systems Corporation is a tremendous opportunity for our company to serve the high value intelligent data recording industry and we are elated to be working with Jim Orahood and his world-class commercial and military product design and manufacturing teams."

The Parano™ Protocol is a proprietary combination of mature asymmetric encryption algorithms used as an innovative technique to bring computational resilience. This introduces variable complexity in key exchange to create a multi-dimensional computational problem to resist supercomputer threats.

Simply put, the typical in-band and open text key exchanges that provide cryptographic register shifting or alphanumeric substitutions are exposed to brute force assault rendering the foundational master key or session useless. This weak key exchange permits bad actors the ability to decrypt an entire hard drive or individual files used with those key sets. An agile and dynamic key exchange protocol brings superior resilience to the symmetric message encryption process.

Paranotek is a global innovation company focused on developing and licensing robust technologies that increase personal and corporate information privacy and security through significant advancements in encryption security software.

Brad Listermann, Chairman and CEO of WorldFlix, Paranotek's parent company, added, "This critical partnership has been on theParanotek roadmap from the start of Mick's vision and leadership, and I am confident and look forward to updating our shareholders on the company's progress."



About Ampex Data Systems

Ampex Data Systems Corporation, a wholly owned subsidiary of Delta Information Systems, Inc., is the market leader in delivering visual intelligence and data security in rugged environments. Ampex is a small business based in Silicon Valley and Colorado that specializes in cybersecurity, data management, and machine learning.


For more information on Ampex Data Systems, please visit www.ampex.com.

About Paranotek, LLC.

Paranotek is a global innovation company focused on developing and licensing robust technologies that increase personal and corporate information privacy and security through breakthrough advancements in encryption. Paranotek's foundation began as a Finnish technology and design company working together with US partners. Paranotek has developed a patent pending encryption process called Parano™ that can be integrated into existing software and apps for everyday life.

For more information on Paranotek, please visit www.paranotek.com.

About WorldFlix, Inc.

WorldFlix, Inc. (OTC PINK: WRFX) is a Nevada corporation focused on entertainment, software and security company. Through our subsidiary co-investment holdings and affiliate partnerships, we provide a variety of tools and software applications including our own proprietary mobile applications as well as innovative resources for partners to enhance and secure their existing platforms.  WorldFlix, Inc., the parent company, also works in innovating video production and entertainment.

For more information on WorldFlix, Inc., please visit www.worldflix.co.

FORWARD-LOOKING STATEMENTS: "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. These statements are based on current expectations and are to a certain degree uncertain. Words such as expects, anticipates, intends, believe, plan, will and similar words are expressions intended to identify these forward-looking statements. These statements involve risk and subsequently are difficult to evaluate. Actual results may vary from descriptions herein due to many factors including but not limited to changes in business conditions, changes in laws and regulations, problems encountered in exploration and obtaining permits, changes in the competitive environment, technological advances, shortages of skilled workers, the need for additional capital and other risks listed in the company's Securities and Exchange Commission filings under "risk factors" and elsewhere. Forward-looking statements speak only as of the date they were made, and the company is under no obligation to update them.

For more information, please visit: www.worldflix.co

 

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SOURCE Paranotek, LLC


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