In a growing digital world, security and encryption are some the most important aspects that we cannot forget about. Although the internet has massive amounts of useful information and tools, there are still lots of illegal and criminal activity aimed to hurt consumers. These tactics include but not limited to viruses, phishing sites and keyloggers.
Cyberfort Software Inc. (OTC:CYBF) is a cyber security technology based company which aims to protect end users and organization in an online environment. Cyberfort Software targets the worldwide market through “specializing in the acquisition and development of security software, content filtering and ad-blocking technology.”
In a press release on Thursday, August 16, 2018, Cyberfort Software announced their signed letter of intent to acquire Just Content Software and their Just Content App. The acquisition would give Cyberfort 100% interest in the Just Content App, Just Content Software’s core product. The Just Content App is already listed and available on the Apple App Store.
This acquisition is in line with Cyberfort Software’s primary focus as the Just Content App is essentially an ad-blocking tool. The app is designed to protect the end user from “unsafe links, adult content, phishing sites and inflammatory hate speech found on the Internet with its proprietary ‘Home Safe Filter’ and ‘Business Filter’ products.” The application works for families and single users as well businesses and corporations.
The acquisition is still in development, waiting upon “a due diligence review” and should anticipate “a final determination regarding this acquisition… within weeks.
CYBF is currently trading at $2.00 a share and is following a solid uptrend since the stock split on April 19th of this year.