TRANS-PACIFIC AEROSPACE COMPANY, INC. INITIATES INDUSTRY-LEADING STRATEGY TO SECURE CORPORATE COMMUNICATIONS
Resource from: Marketwired Likes:239
Sep 01,2015
Trans-Pacific Aerospace Company, Inc. (OTC: TPAC) is pleased to announce that it has selected Kryptos Communications, Inc. to provide the company and its strategic partners with secure calling technology in order to reduce the company's exposure to industrial espionage threats.
The U.S. State Department estimates that there are over 700,000 eavesdropping devices sold each year. The State Department also reports that over 6,500 incidents of industrial espionage occur in the United States each year with an average economic impact of $1.25 million. An annual report to Congress in 2004 on Foreign Economic Collection and Industrial Espionage estimates that such activities cost anywhere from $100 to $250 billion annually.
Bill McKay, CEO of TPAC, stated: "I believe that most companies really underestimate the threat of industrial espionage and the impact that it can have on their business. TPAC is leading the way in taking the necessary steps to minimize the company's exposure to such threats by using readily available technology to combat such threats."
TPAC would like to raise awareness of the invasive threats to personal and corporate security that are present in the world today. In addition to awareness, TPAC encourages other corporations and individuals to secure their own communications. In an effort to provide ready access to secure calling technology to TPAC partners and others, TPAC is now a distributor of Kryptos through the QxStart portal. Those interested in purchasing a Kryptos subscription or for distributorship opportunities, please visit http://tpac.qxstart.com
Kryptos is a leader in encrypted communications technology. Kryptos utilizes 256 bit AES military grade encryption to provide secure, encrypted voice communications between users of iPhones, iPads, Android mobile phones and tablets as well as Blackberry smart phones. Kryptos is a secure, encrypted Voice Over IP (VoIP) application that provides secure, encrypted VoIP connectivity for secure calling over several networks including 3G, 4G and WiFi. https://youtu.be/lBbfgjSvwu8
TPAC uses its proprietary aerospace bearing technologies at its facility in China to manufacture and sell component parts for both new commercial and general aviation aircraft and for spares for the existing commercial fleet. The component parts are referred to as self-lubricating spherical bearings and they help with several flight-critical tasks including aircraft flight controls and landing gears. TPAC is the first and only manufacturer in China to qualify under SAE-AS81820 and 81934. About Kryptos Communications, Inc.
Information About Forward-Looking Statements
This press release contains or incorporates by reference "forward-looking statements" including certain information with respect to plans and strategies of Trans-Pacific Aerospace Company, Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words "believes," "suggests," "anticipates," "plans," "expects," and similar expressions are intended to identify forward-looking statements. There are a number of events or actual results of Trans-Pacific Aerospace Company, Inc. operations that could differ materially from those indicated by such forward looking statements.
Trans-Pacific Aerospace Company, Inc.
Bill McKay
CEO
626-755-1211
(Marketwired)
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