Visium Technologies Inc - VISM stock

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OTC Symbol: VISM | OTC Tier: Pink Current

Introduction

Visium Technologies Inc (OTC: VISM) is a technology company that specializes in providing cybersecurity solutions and services to organizations in various industries, including government, healthcare, and finance. The company's mission is to help clients protect their sensitive information and systems from cyber threats through innovative technology and expertise. Visium Technologies offers a wide range of cybersecurity solutions, including network security, cloud security, identity and access management, threat detection and response, and compliance and risk management. The company's solutions are designed to help clients identify and mitigate security risks, protect their critical assets, and comply with regulatory requirements.

In addition to cybersecurity solutions, Visium Technologies also provides consulting services to help clients assess their security posture, develop security strategies, and implement security controls. The company's consulting services are designed to help clients achieve their security objectives while minimizing the impact on their operations. Overall, Visium Technologies is a leading provider of cybersecurity solutions and services that help organizations protect their valuable information and systems from cyber threats.

TruContextTM

TruContextTM is an artificial intelligence-driven cybersecurity platform that can analyze network traffic in real-time to detect and respond to threats. It can also provide comprehensive visibility into network activity and provide actionable insights to help organizations improve their overall cybersecurity posture. The news release notes that this agreement is a significant milestone for Visium Technologies Inc., as it demonstrates the value and effectiveness of the TruContextTM platform. The company is committed to continuing to develop and enhance its cybersecurity solutions to meet the evolving needs of its customers.

Partnerships and Contracts

ISSC and GB Global

Visium Technologies Inc. secured partnership agreements with the Innovation Science and Security Center (ISSC) and GB Group Global. These partnerships are aimed at enhancing Visium's ability to provide cutting-edge cybersecurity solutions and services to its customers. The ISSC is a non-profit organization that focuses on developing and promoting best practices in the areas of innovation, science, and security. Through this partnership, Visium Technologies Inc. will have access to the ISSC's network of experts, resources, and knowledge to help further develop and enhance its cybersecurity solutions. GB Group Global is a consulting firm that specializes in risk management, security, and crisis management. Through this partnership, Visium Technologies Inc. will be able to leverage GB Group Global's expertise in these areas to enhance its own cybersecurity solutions and services. The company believes that these partnerships are a testament to Visium Technologies Inc.'s commitment to providing the best possible cybersecurity solutions and services to its customers. The company is dedicated to collaborating with industry experts and leaders to stay at the forefront of the rapidly evolving cybersecurity landscape.

Apex Petroleum

In January, 2023 Visium Technologies Inc. announced a contract with Apex Petroleum to provide its TruContext platform for cybersecurity. Apex Petroleum is a Texas-based fuel distribution company that operates a network of retail gas stations and commercial fueling facilities across the United States. The TruContext platform is an artificial intelligence-driven cybersecurity solution that can analyze network traffic in real-time to detect and respond to threats. It can provide comprehensive visibility into network activity and offer actionable insights to help organizations improve their overall cybersecurity posture. Under the terms of the contract, Visium Technologies Inc. will provide Apex Petroleum with its TruContext platform to help enhance the company's cybersecurity defenses. The platform will be used to monitor Apex Petroleum's network traffic and detect any potential security threats in real-time. This contract is a significant milestone for Visium Technologies Inc. as it demonstrates the value and effectiveness of the TruContext platform. The company is committed to continuing to develop and enhance its cybersecurity solutions to meet the evolving needs of its customers.

TruContextTM License Agreement

In January, 2023 Visium Technologies Inc. secured a $15 million multi-year license agreement for its TruContextTM cybersecurity platform. The agreement is with a large government contractor, and the TruContextTM platform will be used to provide enhanced cybersecurity capabilities to the contractor's government customers.

Republic of Djibouti

Visium Technologies Inc. landed a master services agreement with the Republic of Djibouti in late 2022. The agreement covers a wide range of technology services, including cybersecurity, artificial intelligence, software development, and other related areas. The Republic of Djibouti is a small country in the Horn of Africa that has a strategic location at the entrance to the Red Sea. The country is strategically important for international trade and commerce, making it an attractive target for cyberattacks and other security threats. Under the terms of the agreement, Visium Technologies Inc. will provide the Republic of Djibouti with a range of technology services to help enhance the country's cybersecurity defenses and improve its overall technological infrastructure. The company will work closely with the government of Djibouti to develop and implement customized solutions that meet the country's unique needs. The agreement is a significant milestone for Visium Technologies Inc. as it demonstrates the company's ability to provide high-quality technology services to government clients. The company is committed to continuing to develop and enhance its technology solutions to meet the evolving needs of its customers, including the Republic of Djibouti.

Patents

In April 2022 Visium announced the filing of a provisional patent application for its TruContextTM technology platform. The platform is an artificial intelligence-driven cybersecurity solution that can analyze network traffic in real-time to detect and respond to threats. It can also provide comprehensive visibility into network activity and offer actionable insights to help organizations improve their overall cybersecurity posture. The provisional patent application covers the underlying technology and processes used in the TruContextTM platform. This includes the algorithms and models used to analyze network traffic, as well as the data structures and storage mechanisms used to store and process network data. The filing of the provisional patent application is a significant milestone for Visium Technologies Inc. as it demonstrates the company's commitment to innovation and intellectual property protection. The company is dedicated to developing and enhancing its technology solutions to meet the evolving needs of its customers, and this patent application is a key step in that process.

Products

Visium Share

A new mobile app called Visium Share was launched in October, 2021. The app is designed to provide secure and easy file sharing capabilities for mobile devices. It is available for both iOS and Android platforms and can be downloaded from the App Store and Google Play. The Visium Share app leverages the TruContext platform, which is an artificial intelligence-driven cybersecurity solution that can analyze network traffic in real-time to detect and respond to threats. The platform can also provide comprehensive visibility into network activity and offer actionable insights to help organizations improve their overall cybersecurity posture.

The Visium Share app is designed to provide users with a secure and easy way to share files between mobile devices. It uses end-to-end encryption to ensure that files are transmitted securely and can only be accessed by authorized users. The app also includes a range of features, such as automatic file synchronization, file versioning, and granular access controls. The launch of the Visium Share app is a significant milestone for Visium Technologies Inc. as it demonstrates the company's commitment to innovation and developing solutions that meet the evolving needs of its customers. The app is an important addition to the company's cybersecurity portfolio and will help organizations improve their mobile security posture.