LAS VEGAS, Nov. 3, 2015 (GLOBE NEWSWIRE) -- In response to explosive sales interest and the need for future development, Cipherloc Corporation (OTCQB:CLOK) announces the upcoming opening of its new Office of Development and Sales location in Texas, near Austin.
Austin is sometimes referred to as the "Silicon Hills", mainly due to the large number of technology companies who make their home there. The Austin area includes such top companies as 3M, Dell, Apple Inc., Hewlett-Packard, Google, Facebook, AMD, Applied Materials, Cirrus Logic, Cisco Systems, eBay/PayPal, Bioware, Blizzard Entertainment, Hoover's, Intel Corporation, National Instruments, Samsung Group, Silicon Laboratories, Oracle Corporation, Hostgator, and United Devices that have operations in this Central Texas technology hot spot.
"This is the next logical step for Cipherloc. Our new facility positions us right in the midst of this high-tech hot spot. Austin is the perfect place for such an endeavor, and the timing couldn't be more perfect, as Cipherloc, whose newly patented, and never seen before technology, was deemed to be "unable to be hacked" by CyberDin earlier this year, offers unparalleled security options that are becoming necessary and will shortly be in high demand," says Michael DeLaGarza, CEO. "We are excited about the future, and this next step makes us highly accessible, by cutting commute time for our future customers."
The new center will open in March of 2016, and will serve as the Texas hub, for future development and sales to high tech companies.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward- looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.