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I would say the development work going on is building a combined...

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potgut

18,133 Posts.

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16/05/16

15:29

Post #: 17779440
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Originally posted by Greenhaven ↑

Zyber signs reseller agreement with leading security services provider

Secure file sharing software provider Zyber Holdings (ASX:ZYB) announced it had signed an expanded partnership agreement with Redcore.

The agreement will enable Zyber to resell Redcore’s Key Vault product.

Key Vault is a zero footprint, two factor authentication product used to secure access to high value web services. It provides active defences against malware threats and can be embedded in mobile device applications running on Android or iOS systems.

It has already been used by a major Australian bank and government agencies in Australia and New Zealand and has 1 million plus users.

The agreement provides Zyber software users with a simple way to add strong user authentication to their existing environments.

“Our partnership with Redcore will provide expanded product offerings and additional security layers for Zyber customers. We are strengthening the way organisations authenticate remote user access to the Zyber centralised file sharing framework based on our customers’ needs,” said Clay Zyber CEO Clay Epstein.

“An off the shelf approach does not always work for security, so at Zyber we are customising our platform to meet customer-specific security, risk and compliance needs. We are very pleased to expand our partnership with a security leader like Redcore that has significant expertise in developing strong authentication solutions across global industries.”

Redcore founder and co-owner Joseph Failia believes the synergy between the companies will help Redcore develop additional products based on Zyber’s file sharing platform.

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I would say the development work going on is building a combined product offering .
Regarding the reseller agreement ,,ZYB must be incorporating some of the Key Vault product into the POC work hence the need to formally sign a reseller agreement .
As for todays trading ,,,T+2 fools exiting ,,,i smell smoke from here

ZYB Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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