Boulder, CO – November 30, 2010 – On September 12 of 2010 eCrypt Inc (OTC BB:ECRY) announced that the company was preparing to release an email privacy solution compatible with all devices able to access the internet. The Company is pleased to announce today that it has finalized a go to market plan, which incorporates an initial Alpha phase roll out to a targeted user base which will be launched in January of 2011.
“The purpose of the Alpha phase is to give the Company the opportunity to fine tune the solution to meet the desires and requirements of our users.” commented Brad Lever, President and CEO of eCrypt Inc. “We have been using the solution internally, and everyone is very pleased with its performance, functionality, and ease of use.”
In addition to email encryption, the solution will offer additional privacy and security features such as anti-spam, anti-phishing, and anti-malware. The solution will be compatible with all internet-connected devices, such as smartphones, laptops, and desktop computers.
The Radicati Group estimates that there are currently over 1.8 billion email users worldwide. Based on market research completed with Vision Critical earlier this year, the Company concluded that of the total potential market of 1.8 billion, it has an immediately addressable market of over 463 million users worldwide for this unique solution.
For the Alpha phase the Company is targeting notable online technology personalities and influencers. On successful completion of the Alpha phase, the company will progress to the Beta phase by expanding its product availability to a select number of users from the general public, as well as those invited by Alpha participants. The company expects to complete both phases by end of Q2 of 2011, and will release an update on the successful completion of the Alpha phase.
Parties interested in participating in either the Alpha or Beta phase are urged to contact eCrypt Inc’s Support team.
About eCrypt Inc. (ECRY.OB):
eCrypt Technologies, Inc. is an information security firm with a focus on the wireless industry. Its flagship product eCrypt Mobile Mail Privacy is a first-of-its-kind encryption software for wireless email on BlackBerry® smartphones, and is available under a perpetual license. Using the strongest encryption algorithms available for the BlackBerry® smartphone OS, eCrypt software prevents unwanted access to email messages during transmission and storage on servers and PCs. Users may communicate freely with each other knowing that no one has access to the content of their emails.
eCrypt is BlackBerry® Alliance Associate Member and has successfully obtained a Mass Market Status for its product from the U.S. Department of Commerce, Bureau of Industry and Security. This status allows eCrypt to export and re-export the software under section 742.15(B)(2) of the Export Administration Regulations, and is recognized by the Wassenaar Arrangement.
eCrypt Mobile Mail Privacy is available for BlackBerry® Internet Service and BlackBerry® Enterprise Server customers.
For further information go to: www.eCryptinc.com, or www.YourPrivacyIsOurBusiness.com
The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited.
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.