Xelleon PLC (Frankfurt: XLL) Announces It Has Received Approval As A Contractor For NATO
Online, August 2, 2011 (Newswire.com)
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Xelleon PLC received formal approval and confirmation as a Contractor in the Central Contractor Registration (CCR) system for the North Atlantic Treaty Organization or NATO, an intergovernmental military alliance based on the North Atlantic Treaty.
NATO comprises 28 members: Albania, Belgium, Bulgaria, Canada, Croatia, Czech Republic, Denmark, Estonia, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Lithuania, Luxemburg, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Turkey, the United Kingdom, and the United States.
Xelleon PLC www.xelleon.com is a dynamic new IT security software company trading on the Frankfurt Stock Exchange - stock trading symbol XLL and is made up of some of the worlds brightest and most sought after security, software and technology experts. The company's core competency lies in the development of cognitive scripting encryption systems that thwart hacker's attempts to decrypt data.
Xelleon has developed revolutionary technologies being applied in the fields of Digital Rights Management, Document Security, Government and Institutional Communications, Web Server and Data Flow Security, Financial Transaction Security and Cloud System Security.
Becoming a registered contractor for NATO will offer Xelleon the ability to replace more obsolete technologies and inferior security system operations and bid on multi-million dollar military and government network and anti-piracy security projects.
Using Xelleon's anti-piracy file protection on files, data or documents being transmitted between government offices or items being stored or archived on government servers would significantly lower theft of highly sensitive classified documents and leaked information. This is due to the fact that the Xelleon technology deems any Impervio protected data unusable when it's not within its intended environment.
"Our anti-piracy technologies can offer the ultimate protection for cyber security," said Dale Scott Marion, Founder and President of Xelleon, "The perimeter isn't what needs securing. With our technology, we can offer an anti-crypt shelf life on any document or data secured with our technology of over 400,000 years at the highest intrusion level known today."
Shelf life in this case refers to a files ability to withstand decryption.
Given the recent hacking of top secret, sensitive files and information at the Pentagon, and various military and government organizations within the member countries of NATO, Xelleon plans to immediately start contacting the Pentagon, and various other military and government organizations within NATO because they are very desperate for a secure anti-piracy solution.
For example the Pentagon has long worried about the vulnerability of its computer systems. The concern has grown as the military becomes more dependent not only on its own computers but also on those of its defence contractors, including providers of the fuel, electricity and other resources that keep the military operating globally. One of the Pentagon's worst fears is that eventually a terrorist group will acquire the ability to not only penetrate U.S. computer networks to steal data but to attack them in ways that could cause severe damage to U.S. defences or even cause a huge number of deaths in a terrorist attach to American civilians and military personal.
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Tags: military, Military Contracts, Top Secret, Xelleon PLC