Transition Marks Ongoing Progress of Emerging Data Security Company
Raleigh, N.C., June 8, 2018 (Globe Newswire) – Data443 Risk Mitigation, Inc. (OTCPK: LDSR), a leading data security company, today announced it has achieved non-shell status with the OTC Markets. Previously LandStar, Inc., Data443 formed in December 2017 with a mission to identify whitespace existing in the security offerings of competitors and fill those gaps with self-developed or acquired technologies. The transition to non-shell status is a significant step in the company’s ongoing progress and underscores its sustained ability to deliver industry-leading, next-generation cybersecurity products and services.
“Our entire team, from research and development to finance and sales and marketing, has worked diligently to move Data443 rapidly beyond its initial shell status,” said Jason Remillard, CEO and founder of Data443. “I am enthusiastic about our prospects as we push forward to expand our product offerings and customer base. It is extremely validating to be recognized by the OTC Markets as having achieved this important milestone within just months after rebranding as a market leader in data security.”
Data443 is actively focused on delivering data protection, management, and cybersecurity offerings. The company recently released rapid-implementation and blockchain versions of its award-winning data classification, governance, and eDiscovery product ClassiDocs™, which enables organizations to fast-track data security and compliance response to privacy regulations such as the EU’s General Data Protection Regulation. Additionally, the company continues to maintain a stream of active Proofs of Concept and has engaged sales and marketing partnerships with solutions and technology partners in the U.S., Canada, and Europe.
About Data443 Risk Mitigation, Inc.
Data443 Risk Mitigation, Inc. (OTCPK: LDSR) enables secure data – across local devices, network, cloud, and databases – at rest and in flight. ClassiDocs™, our award-winning data classification and governance technology, supports over 200 file types and 400 databases with a user-first, user-centric design that speeds ease of use and compliance-policy conformance without training. Data443 delivers classification, discovery, governance, GDPR compliance, and DSAR management coupled with DLP, CASB, SIEM, and cloud solutions to provide user-enabled, governance-enabled, up-to-date security for every data point, every time.
The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue,” and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding LandStar’s plans, objectives, future opportunities for LandStar’s services, future financial performance and operating results and any other statements regarding LandStar’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond LandStar’s control, which could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to the operations of LandStar; results of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; ability to hire and retain personnel; loss of, or reduction in business with, key customers; difficulty with growth and in integrating acquisitions; product liability; cybersecurity risk; and, anti-takeover measures in our charter documents.
Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained, from time-to-time, in LandStar’s filings with the Securities and Exchange Commission and postings on the OTC Markets news and information website. LandStar undertakes no obligation to publicly update or revise any forward-looking statement.
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