Paranotek Attracts Leading Industry Experts for Billion Dollar Revenue Roadmap

December 03 13:30 2017 Print This Article

LOS ANGELES, Dec. 04, 2017 (GLOBE NEWSWIRE) — WorldFlix, Inc. (OTC:WRFX) and its cybersecurity software subsidiary Paranotek today announced the next addition to their world class executive team.  Dr. Ron Pitcock, an international sales executive and cybersecurity expert, has joined Paranotek as the new President of Global Sales.  Recently, Mr. Mick Davis, a senior cybersecurity expert with a background in leading edge commercial and military information services and security innovations, was appointed CEO of Paranotek.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/e7f3a4b0-b0bf-42af-8581-ac8503b78ab1

About Dr. Ron Pitcock

With over 20 years serving as CEO or President in the IT industry managing multi-million-dollar technology organizations, Dr. Pitcock brings a wealth of sales  and operational experience and key industry relationships to the helm of Paranotek.

Dr. Pitcock has:

  • Launched a technology company IPO reaching a market cap of $2.5 billion
  • Oversaw M&A, new product development and a 500% increase in market presences at a US broadband and voice data company and obtained 1 Million subscribers within two years
  • Escalated revenue to 100% year-over-year at fast growing security products company thru successfully targeting new sales markets
  • Turned $20 million loss into $12 million profit at international ICT company thru increasing customer volume, expanding sales of high-margin products and creating additional sales avenues
  • Authored various technology publications to include “Evaluating the Cyber Security Capabilities of Senior Manager Employed by Companies in the Unites States”
  • Earned his Bachelors from Texas A&M, Masters of Science from Denver University and Doctorate in Business Administration from Jones International University
  • Honorably served in the US Army to rank of Major

“Paranotek is attracting top industry talent, and we are thrilled to have Ron join us to drive our global retail and commercial sales with plans of reaching sales in the millions by next year.  Ron is a seasoned technology industry executive with an excellent revenue and sales record.  He has already started executing his sales strategies with our CEO Mick Davis for our flagship cybersecurity product ‘Parano’ with exciting revenue goals for 2018.  We could not be more pleased to have Ron on the team,” stated Brad Listermann, Chairman and CEO of WorldFlix.

Paranotek is a global innovation company focused on developing and licensing robust technologies that increase personal and corporate information privacy and security through significant advancements in encryption security software. The company has developed a patent pending innovation known as ‘Parano’ a post-quantum, cryptographic protocol, designed to withstand sophisticated security hacks both currently in use and expected in the future from super and quantum computers.  The company’s latest security software solutions will allow corporations to keep their employees and data safe while also monitoring and analyzing potential breaches and productivity with real-time, centralized reporting.

About WorldFlix, Inc. (www.worldflix.co)

WorldFlix, Inc. (OTC PINK:WRFX) operates in a variety of niche businesses in the technology and entertainment sphere. WorldFlix divisions include AppFarm, a platform for acquiring, developing, and growing niche apps for mobile and tablet devices; Drobbits, an interactive platform that allows users to create, play and monetize their own video games; Paranotek, a Finnish technology and design company that incorporates its military-grade, proprietary security and privacy features when developing software and apps; Swantry, designed to allow parents to ensure their child is safe on their mobile device; and WorldFlix Entertainment Management, a television and movie development and management business. For more information on WorldFlix, Inc., please visit www.worldflix.co.

About Paranotek (www.paranotek.com)

Paranotek is a partnership between WorldFlix, Inc. whose foundation began as a Finnish technology and design company working together with US partners. Paranotek has developed software and apps for everyday life in the public sector, companies, families and private individuals. Paranotek’s products range from data storage, virtual private networks, file sharing and instant messaging services to various software suites, all based on our disruptive security technology. While other popular apps, software and services collect your data, Paranotek’s unique security technology never collects user data, thus providing an extra layer of enhanced privacy for our users. For more information on Paranotek, please visit www.paranotek.com.

FORWARD-LOOKING STATEMENTS: “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. These statements are based on current expectations, and are to a certain degree uncertain. Words such as expects, anticipates, intends, believe, plan, will and similar words are expressions intended to identify these forward-looking statements. These statements involve risk and subsequently are difficult to evaluate. Actual results may vary from descriptions herein due to many factors including but not limited to changes in business conditions, changes in laws and regulations, problems encountered in exploration and obtaining permits, changes in the competitive environment, technological advances, shortages of skilled workers, the need for additional capital and other risks listed in the company’s Securities and Exchange Commission filings under “risk factors” and elsewhere. Forward-looking statements speak only as of the date they were made, and the company is under no obligation to update them.

For more information, please visit: www.worldflix.co, www.paranotek.com, www.swantry.com.

CONTACT INFORMATION

WorldFlix, Inc. (OTC:WRFX)

Brad Listermann

Chairman and CEO

(310) 684-2462

[email protected]

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Jonathan Yaniv
Jonathan Yaniv

Jonathan is the founder and editor-in-chief of TrustedNerd.com. Covering major tech shows such as CES, Jonathan is always there for the latest tech news. Want your gadget to be reviewed or have a release you’d like to be considered for publishing? Send Jonathan an email, jonathan [at] trustednerd.com

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