SoLVBL Solutions Inks Its First Technology Integration Pilot Agreement with a Leading UK Multi Branded CBD Health & Wellness Group to Deploy Its Flagship Q by SoLVBL Cybersecurity Technology
Toronto, Ontario--(Newsfile Corp. - September 26, 2022) - SoLVBL Solutions Inc. (CSE: SOLV) (OTCQB: SOLBF) ("SoLVBL" or the "Company"), an innovative cybersecurity company that provides immutable data authentication using advanced cryptography on a SaaS based model, is pleased to announce that on September 22, 2022, the Company entered into a technology integration Pilot Agreement (the "Agreement" or the "TIA") with a view to integrate its Q by SoLVBL cybersecurity technology throughout one of the UK's leading distributors of CBD infused health and wellness products, the Healthy Habit Limited (the "Healthy Habit", operating under SurePure, "surepure.co.uk" and NewU "new-u.co.uk" labels).
Kaiser Akbar, President & CEO SoLVBL commented "we are pleased to announce our highly anticipated first roll out of the Q by SoLVBL™ technology. The integration of Q by SoLVBL™ into Healthy Habit's customer management system and e-commerce platform will showcase our leading-edge cyber security technology. The team at Healthy Habit have been working diligently with our team to understand the need to protect their customer data and for SoLVBL to provide them with a seal of security in their competitive marketplace. We look forward to expanding our footprint in the healthcare vertical, and now markets in Europe - that have been brought to us by our partners at Darkhorse. Having recently announced a potential transaction with Darkhorse, the team there has immediately started to introduce the Q product to their eco systems in Europe and North America, and we look forward to pursuing further sales opportunities with them."
James McNichol of The Healthy Habit commented "As a leading online retailer of both CBD infused and non-CBD health and wellness products, we are constantly looking to offer our consumers innovative approaches and technologies. It is clear that enhanced digital security is one of the innovations needed, specifically with regard to our consumers' personal data, so that they can feel more safe and secure when shopping online. After speaking with SoLVBL, we learned that while there is no online retail platform that can be 100% secure from a data breach, the Q software is able to securely encrypt data and can detect any breach. We have made the clear and simple decision to integrate the Q by SoLVBL cybersecurity software across our ecosystem. Especially now, as our group transitions from the private sector into the Public Marketplace, we can now operate our business with the added comfort that should we ever have a cyber or ransomware attack our systems and customer data is without doubt securely protected."
About The Healthy Habit Limited
The Healthy Habit & Its Group of Companies are committed to improving your health and lifestyle. We operate a "B2B" and digital shop front "DTC" business offering our customers a CBD and non-CBD infused range of premium health and wellness products, both online and instore. Whether it's muscle pain, tiredness or sensitive skin, we aim to enhance your quality of life. Making sure you have confidence in your body is a key focus for us and we are here to help you achieve transformative results. The company offers its consumer base access to purchase a wide range of CBD infused products including CBD oil drops; skin care and edibles, in addition our Non-CBD range includes specialty formulated vitamin patches; premium skin creams and muscle balms. For details, please visit surepure.co.uk or new-u.co.uk.
SoLVBL Solutions Inc.
SoLVBL is an innovative cybersecurity and data authentication company. The Company's mission is to empower, better, faster decisions by developing a universal standard for establishing digital record authenticity. Q by SoLVBL™, is a proprietary technology platform of the Company, designed to be easy to use and adopt, economically priced and provide digital record authentication at very high speed. Q by SoLVBL™ allows organizations to establish trust in their data. The Company is currently pursuing the following verticals: chain of custody for digital evidence; including, NG-911, data used in the financial sector, medical applications and critical IoT infrastructures.
For Further Information, Contact:
SoLVBL Solutions Inc.
Kaiser Akbar, President & CEO
100 King Street West, Suite 5700
Toronto, ON, M5X 1C7
Cautionary Note Regarding Forward-looking Information
The CSE has neither approved nor disapproved the contents of this press release.
NEITHER THE CSE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the ability of the Company to successfully achieve its business objectives, including, the implementation and success of Q by SoLVBL™, and expectations for other economic, business and/or competitive, factors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, SoLVBL assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
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