People value safety almost as much as they value food or water. For instance, housing is essential in society. It provides both security and shelter for you to safely enjoy your food and water. Security is invisible in the internet and it is as visible as an F-22 Raptor flying.
The simple fact is that people want to feel secure everywhere they go. These security companies are looking to develop and provide all types of ways to make you feel safe:
Public Events? Covered.
Liberty Defense Holdings Ltd. (SCAN.V) is an up and coming security company shedding spotlight on its HEXWAVE product. The product covers virtually every need that security systems should have. HEXWAVE utilizes non-invasive and deep learning, 3D imaging to snuff out any potential threats.
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Liberty has been spreading the word on their product. They have had appearances on WSB-TV as well as on FOX News. In addition, the company is looking to test their product in Utah to gain further exposure. Liberty Defense is also focused on promoting strong internal company growth.
The recently added Mit Shah to their Board of Advisors. He is a part of other company boards and brings additional expertise to this security company.
Internet Attack? Fear Not.
Cyren (CYRN) is a cybersecurity company that sells its services to companies such as Microsoft and Google. They incorporate a cloud-based approach to cybersecurity from threat detection to email security and even anti-malware protection.
The company recently announced their Q1 financials and saw a 41% annual increase in revenue. The revenue climb was from $4.8 million to $6.8 million. Lior Samuelson, Chairman of the Board at Cyren, stated, “We experienced continued demand for Cyren’s email security solutions, which translated to solid year-over-year top line growth. More importantly, I feel like we have built a solid foundation for future growth, and look forward to working with Cyren’s next CEO to take the company to new heights.”
Overseas Crisis? Handled.
LRAD Corporation (LRAD) creates and sells multidirectional sound devices across the globe. Their long range acoustic hailing devices (AHDs) are bought by other defense companies as well as governments and their defense programs. The technology can be used for hailing, preventing potential problems, and to save lives.
The company recently announced that they received $4.75 million from the Indian Navy. The payment is for maintenance over 5 years for their AHDs. Richard S. Danforth, CEO of LRAD, explained, “Under the agreement, established in-country maintenance centers will continue to service the LRAD systems deployed by India’s naval fleet in 2012,” he expanded on this, “This agreement succeeds our $5.5 million seven-year maintenance contract that expired earlier this year.”
