RALEIGH, N.C., July 11, 2018 (GLOBE NEWSWIRE) -- LandStar, Inc. (OTCPK:LDSR) has completed its acquisition of Data443™ Risk Mitigation, Inc., a leading data privacy and security company. Data443™ will now operate as a wholly owned subsidiary of LandStar, Inc. With the strength of the multiple-award-winning data privacy, classification, and governance product ClassiDocs™ and The GDPR Framework, the combined organizations will accelerate to build and acquire relevant, valuable, and profitable cybersecurity product offerings.
“The completion of this long planned acquisition is the culmination of significant efforts from the whole team and reflects our dedication to execute on our existing business plan, activate our strategy, and bring value to our shareholders,” said Jason Remillard, CEO of LandStar and founder of Data443. “This step in our evolution clearly supports our follow-on activities within the market and underscores the relevance of our plan to grow the business both through future acquisitions and product development activities.”
About LandStar, Inc.
LandStar, Inc. (OTCPK:LDSR), through its wholly owned subsidiary DATA443™ Risk Mitigation, Inc., enables secure data – across local devices, network, cloud, and databases – at rest and in flight. ClassiDocs™, the company’s award-winning data classification and governance technology, provides GDPR compliance, and DSAR management coupled with DLP, CASB, SIEM, and cloud solutions to provide user-enabled, governance-enabled, up-to-date security for every data point, every time. The WordPress-based GDPR Framework enables organizations of all sizes to comply with the GDPR and other privacy frameworks. ClassiDocs™ for Blockchain provides an active implementation for the Ripple XRP that protects blockchain transactions from inadvertent disclosure and data leaks.
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See LandStar, Inc.’s filings with the SEC, which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
For Further Information
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Contacts
Main Press Contact:
Susan Payne
Susan.Payne@data443.com
Office: 919.526.1070 Ext. 103
Investor Relations:
ir@data443.com
Office: 919.858.6542
SOURCE: LandStar, Inc. and DATA443™ Risk Mitigation, Inc.
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