Get the Latest Investment Ideas Delivered Straight to Your Inbox.

News Update

TICKERS: CYBX; CYBXF

Online Security Firm Enters Contract with Crypto-Mining Technology Provider
News Update

Source:

The agreement revolves around the company's cryptocurrency security product.

Hilltop Cybersecurity Inc. (CYBX:CSE; CYBXF:OTCQB) entered into a definitive agreement to provide cybersecurity products and services to an ASICS 7-nanometer chip provider, it announced in a news release.

The transaction terms outline that Hilltop will license its products and provide cybersecurity services to Island Mining SEZC in the various locales in which it operates today and in which it will operate in the future, including the Cayman Islands (its headquarters), Japan and Canada.

Island Mining will pay Hilltop CA$1.25 million for a master license for its cryptoKEEP offering. Subsequently, the two entities will pursue a white label arrangement.

"We see this transaction as a validation of Hilltop's technology and our sales strategy," said the corporation's CEO Corby Marshall in the release.

[NLINSERT]

Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are sponsors of Streetwise Reports: Hilltop Cybersecurity. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own shares of Hilltop Cybersecurity, a company mentioned in this article.




Want to read more about Technology and Cryptocurrency / Blockchain investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe