For protecting identity and private information online, TruState International Inc. is the first company to market with a cost-effective solution. Its completion of the asset purchase of TruState LLC was announced by the company. Along with the company's assets and liabilities, effective as of February 29th, 2008, this acquisition includes all intellectual property.Gary Bartholomew, CEO and Chairman for TruState, declared: "We've successfully executed the transaction and the company is structured to move forward on our globalization strategy". "We're in the process of rolling out SecureView to our pilot partners in all major economies around the world with the view to establishing it as a global standard for protecting users in online environments."
TruState's strong, two-factor authentication security platform is named SecureView. This patent-pending solution addresses vulnerabilities inherent to web-based interaction and protects against online identity theft. with SecureView, being easy to use, cost effective, and scalable to any size organization, reducing capital expenditures, while also removing exposure of its private information and that of its customers, companies are able to apply security quickly. SecureView is a fast and simple solution that will restore trust in e-commerce and support the Software-as-a-Service (SaaS) revolution.
With SecureView, TruState is setting a new standard for secure Internet transactions; a cost-effective authentication solution that safeguard's against web-based identity theft. The company, headquartered in Bridgetown, Barbados, is embarking on its strategy to establish localized operating subsidiaries in all major economies, as well as emerging markets.