Sollensys Corp Completes Acquisition of Abstract Media, LLC

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Integrating next-generation blockchain-based cybersecurity to protect companies’ most important assets: people and training

PALM BAY, FL /ACCESSWIRE/February 9, 2022/ Sollensys Corp (OTC PINK:SOLS), the first major cybersecurity company based on blockchain technology, today announced the completion of its acquisition of Abstract Media, LLC, a cutting-edge AR/VR (augmented reality/VR) well established. virtual reality company). This acquisition reinforces Sollensys’ mission to create a safe and immutable environment for enterprise data or high-tech training experiences, and accelerates Sollensys’ ability to integrate cybersecurity into one of the world’s most important assets of the company: the training of people, whether employees or customers.

“The acquisition of Abstract Media is part of our goal to end cybercrime by preventing cybercriminals from hijacking or corrupting a single usable piece of corporate training data or training materials,” said said Sollensys CEO Don Beavers. “By purchasing Abstract Media, we believe we can realize this vision securely, freely and confidentially. The Abstract Media team will continue with Sollensys after the transaction.

Abstract Media is based in Magnolia, Texas, a booming entrepreneurial hub nestled just north of Houston. Abstract Media has created exclusive training modules for major organizations such as Rolls Royce, Eaton Corporation, Schlumberger and Texas A&M University.

“Our goal has always been to combine creativity and emerging technology to solve what seem like impossible business challenges,” said Brian Bogus, CEO of Abstract Media. “Being part of Sollensys allows us to confidentially protect our customers’ mission-critical training data, which not only creates insights and efficiencies, but also competitive advantages for each of them. Until Sollensys, protecting digital video and training assets and mitigating ransomware on the blockchain was inconceivable.

ABOUT ABSTRACT MEDIA

For nearly a decade, Abstract Media has worked with companies across multiple industries on emerging technologies such as augmented reality, virtual reality, and machine learning and how they can solve problems in their industries. The truth is, there’s a time and a place for every technology, and that’s where abstract media comes in.

For more information, please visit: https://www.abstract.tech

ABOUT SOLLENSYS CORP

Sollensys Corp is a math, science, technology and engineering solutions company that provides products that ensure the integrity of customer data through collection, storage and transmission. Our innovative flagship product is the Blockchain Archive Server, a turnkey, out-of-the-box blockchain solution that works with virtually any hardware and software combination in commercial use today, with no need to replace or upgrade. eliminate part of the customer’s data. security that is used. The company recently launched its second product offering, the Regional Service Center, which offers small businesses the same cutting-edge technology that was previously only available to large or very well-financed businesses.

The Blockchain Archive Server encrypts, shards and distributes data across thousands of secure nodes every day, making it virtually impossible for hackers to compromise. Using blockchain technology, the Blockchain Archive Server maintains a redundant, secure, and immutable backup of data. Redundant backups and the blockchain work together to ensure not only the physical security of the database, but also the integrity of the information it contains.

The Blockchain archive server protects customer data from “ransomware” malware that infects your computer and displays messages demanding payment of fees to get your system working again. Blockchain technology is a state-of-the-art tool for data security, providing an additional layer of security against data loss due to all types of software specifically designed to disrupt, damage or gain unauthorized access to a computer system (c i.e. malware).

Uniquely, the Blockchain Archive Server is a turnkey solution that can stand alone or integrate seamlessly into an existing data infrastructure to quickly recover from a cyberattack. The Blockchain Archive Server is a server preloaded with blockchain-based cybersecurity software, which can be delivered, installed and easily integrated into a customer’s IT systems.

For more information, please visit: https://www.sollensys.com

Forward-Looking Statements: Certain information contained in this press release contains forward-looking statements. All statements other than statements of historical fact included herein are forward-looking statements. In some cases, forward-looking statements may be identified by words such as “believe”, “expect”, “anticipate”, “plan”, “potential”, “continue” or similar expressions. These forward-looking statements involve risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements. These factors, risks and uncertainties are discussed in the Company’s filings with the Securities and Exchange Commission (the “SEC”). You should carefully consider these factors, risks and uncertainties described and other information contained in the reports we file or provide to the SEC before making any investment decision regarding our securities. Readers should not place undue reliance on forward-looking statements as they involve known and unknown uncertainties and other factors which are, in some cases, beyond the Company’s control and which could, and likely will, materially affect actual results, activity levels, performance or achievements. Any forward-looking statements reflect the Company’s current views with respect to future events and are subject to such risks, uncertainties and assumptions regarding operations, results of operations, growth strategy and liquidity. The Company is under no obligation (and expressly disclaims any such obligation) to publicly update or revise these forward-looking statements for any reason, or to update as to why actual results may differ materially. anticipated in these forward-looking statements, although new information will become available in the future.

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THE SOURCE: Sollensys Corp.

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https://www.accesswire.com/688009/Sollensys-Corp-Completes-Acquisition-of-Abstract-Media-LLC

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