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Amwest Announces Acquisition & Scheduled World Wide Launch of www.LokDrop.com(December 06, 2011)
EVANSVILLE, IN -- (Marketwire) -- 12/06/11 -- Amwest Imaging Incorporated (OTCBB: AMWI) is pleased to announce they have acquired www.LokDrop.com, and is planning a large scale launch of this new technology.
www.LokDrop.com is a virtual Cloud based 256 bit key secured digital safe deposit box where users can access, store, share, transfer and backup digital information in an ultra secure Cloud based, private and encrypted location. Users will be able to access and share critical data of virtually any size without FTP requirements or lengthy uploads instantaneously from anywhere in the world.
"With headline reports from Security News Daily like '2011 Set to be the Worst Year Ever for Security Breaches,' and the list of already breached companies including Sony, RSA, Lockheed Martin, Epsilon, JP Morgan Chase, Fox Broadcast network, NSA, PBS, and giants like Citigroup, it seemed a virtually mandatory to source and acquire an asset that can me make available for both personal, corporate, and industrial uses for an extremely low price," stated CEO Jason Gerteisen.
Amwest's anticipated retail launch of LokDrop will be Feb 06, 2012 with annual pricing being set $99 per year. It is Amwest's continued goals to provide the highest quality products at a price that every corporate, government, retail, industrial, or personal user can afford to target as much of this multi-billion dollar sector as possible while providing the best products available.
Competitive advantages of www.LokDrop.com that sets it apart is that users will be able to distribute large files to associates, collaborate with people or groups World Wide while working on the same file, securely access documents away from an office and reduce network load by eliminating the need for large email attachments, all while utilizing 256 bit key encryption whether by single side, or dual users interacting with respective keys uniquely combining to create an unbreakable, hackable, or recoverable code.
Secondary pricing for Terabyte storage is anticipated in the first quarter of 2012.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words or phrases "would be," "would allow," "intends to," "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
For Further Information Contact:
Amwest Imaging Incorporated
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