Senetas Corporation announced it has signed a nonbinding memorandum of understanding with Vietnam Information Security Laboratories (VISL), an agency of Vietnam's Ministry of Defence to distribute Senetas CypherNet high speed network encryption products. Under the terms of the MOU, the Company will partner with VISL to provide training, support, implementation, marketing programs and technology transfer for information security products and services for VISL and its customers. Senetas will also provide, on a fee for service basis, engineering support and development services to VISL engineers on key projects nominated by VISL and future R&D collaboration could include a purpose-built encryption platform for the Vietnamese Defence Ministry.
SEN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
