KELOWNA, British Columbia, Oct. 23, 2017 /CNW/ --Hill Top Security Inc, ("HTSI" or the "Hill Top") and Big Wind Capital Inc. (the "Company") (CSE: BWC) announces that HTSI signed a sales and product development partnership agreement with GuardSight, a specialist in Managed Security Services and Tactical Cyber Security Operations. Under the terms of the agreement, GuardSight, a cyber security services company with a strong customer base of Fortune 1000 companies, will act as a distributor and services partner for Hill Top's military-grade cyber security platform.
"The partnership with Hill Top Security brings a core military-grade, cyber weapons system into the GuardSight cyber arsenal," GuardSight CEO, John McGloughlin, stated. "Hill Top's platform provides GuardSight analysts with an expert system to assist our customers with safeguarding their digital assets and reputations against online threats."
Corby Marshall, CEO of Hill Top Security, said, "This partnership combines Hill Top Security's patented, military-grade cyber security platform, with GuardSight's managed security services and tactical cyber security expertise. The result is a solution that completely fills the gaps in modern day cyber defences employed by businesses, both large and small."
- Operations: Managed detection and response, cyber weapons inspections, tactical experts
- Assessments: Asset security posture evaluations, risk assessments, control recommendations
- Response: BreachMasters™ incident response, containment, after action reporting, IR planning
- Intelligence: Closed and open source cyber intelligence collection, log management and analysis
Hill Top's Cyber Security Platform
- Military-grade cybersecurity platform, called Vauban, aimed at small to medium-sized businesses (SMB)
- Unique, world-leading ability to analyze and validate potential system threats - both internal and external
- Patent filing entitled 'Computerized System and Method for Providing Cybersecurity Detection and Response Functionality' covers Vauban's multi-layered threat assessment system and processes
- Vauban has been developed by a team of security experts with substantial military and commercial experience and the company holds a Top-Secret clearance based on the work it currently carries out for the US government
Completion of the previously accounted transaction with HTSI (the "Transaction") is subject to a number of other conditions, including but not limited to acceptance by the CSE and completion of mutual due diligence. There can be no assurance that the Transaction will be completed as proposed or at all. Further details regarding the proposed Transaction will be provided in a news release, if and when the parties enter into a definitive agreement.
Certain statements included in this news release constitute forward-looking information or statements (collectively, "forward-looking statements"), including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions to the extent they relate to the Company or its management or the negative thereof or similar variations. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company.
All information in this news release concerning HTSI has been provided for inclusion herein by HTSI. Although the Company has no knowledge that would indicate that any information contained herein concerning HTSI is untrue or incomplete, the Company assumes no responsibility for the accuracy or completeness of any such information
Investors are cautioned that, except as disclosed in the listing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon.
Statements about the closing of the Transaction, expected terms of the Transaction, and the parties' ability to satisfy any and all other closing conditions, and receive necessary regulatory and CSE approvals in connection therewith, are all forward-looking information. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the Transaction will occur or that, if the Transaction does occur, it will be completed on the terms described above. Big Wind assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company's forward-looking statements.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities law and may not be offered or sold in the "United States", as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
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Big Wind Capital Inc.
SOURCE Big Wind Capital Inc.