VANCOUVER, British Columbia, Jan. 04, 2018 (GLOBE NEWSWIRE) -- Premier Managed Services Provider, VirtualArmour International Inc. (the “Company”) (CSE:VAI) (3V3:F) (OTCQB:VTLR) is pleased to announce that its common stock has become eligible for deposit at The Depository Trust Company ("DTC").
DTC eligibility allows for VirtualArmour shares to be more easily and economically transferred between brokerage accounts electronically. DTC is the largest securities depository in the world and acts as a clearinghouse for brokers, providing various required services.
"The ability for VirtualArmour shares to be electronically transferrable between brokerages in the US brings increased convenience and reductions to the costs incurred when trading shares.” said Christopher Blisard, Chairman and Co-Founder, VirtualArmour. “Making it more efficient and economical for brokers to buy and sell VTLR shares has advantages for business. Not only will it save shareholders cost and time, but we also expect it to facilitate increased trading in the open market and enable us to expand our shareholder base as we continue to grow the business."
About VirtualArmour
VirtualArmour is a global cybersecurity and Managed Services provider that delivers customized solutions to help businesses build, monitor, maintain and secure their networks.
The Company maintains 24/7 client monitoring and service management with specialist teams located in its US and UK-based security operation centers (“SOC”). Through partnerships with best-in-class technology providers, VirtualArmour delivers only leading hardware and software solutions for customers that are both sophisticated and scalable, and backed by industry-leading customer service and experience. VirtualArmour’s proprietary CloudCastr client portal and prevention platform provides clients with unparalleled access to real-time reporting on threat levels, breach prevention and overall network security.
VirtualArmour services a wide range of clients - which include those listed on the Fortune 500 - within several industry sectors, in over 30 countries, across five continents. Further information about the Company is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, the OTC Markets website, www.otcmarkets.com and on its website www.virtualarmour.com
Company Contact:
Nick Dinsmoor
Vice President Strategy and Marketing
Office: 720-644-0913
nick.dinsmoor@virtualarmour.com
Media Contact
Josh Stanbury
Office: 416-628-7441
josh@sjspr.co.uk
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Section 27A of the Securities Act of 1933 (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934 and Canadian securities legislation. All statements, other than statements of historical facts, included herein concerning, among other things, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward looking statements. These forward looking statements are identified by their use of terms and phrases such as may, expect, estimate, project, plan, believe, intend, achievable, anticipate, will, continue, potential, should, could, and similar terms and phrases. The forward-looking information is based on certain key expectations and assumptions made by the management of VirtualArmour. Although VirtualArmour believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information as VirtualArmour cannot provide any assurance that it will prove to be correct. Among these risks are those set forth in VirtualArmour’s audited annual financial statements and management discussion and analysis filed on SEDAR on May 1, 2017. It is important that each person reviewing this release understand the significant risks attendant to the operations of VirtualArmour. These forward-looking statements are made as of the date of this press release and VirtualArmour disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the Company’s securities in the United States. The securities described herein have not been, and will not be, registered under the Securities Act, or any state securities laws, and may not be offered or sold except in compliance with the registration requirements of the Securities Act and applicable state securities laws or pursuant to exemptions therefrom.