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FGA Partners to Form Strategic Partnership with Cybersecurity Crypviser GmbH via Megahoot and Acquire Minority interest in Crypviser’s Blockchain and Cybersecurity Business
AUGUST 22, 2019 – NEW YORK AND GERMANY – Private Equity firm FGA Partners “FGA” and cybersecurity company Crypviser GmbH today announced the signing of a Partnership Agreement under which FGA has agreed to set up a strategic partnership with Crypviser via FGA’s subsidiary Megahoot, LLC and acquire a minority interest in the company. Following the completion of the transaction Crypviser and Megahoot will collaborate extensively in various areas that will incorporate both cybersecurity and blockchain technology.
Crypviser is an innovative cybersecurity technology company based out of Germany that is poised to develop and bring to market various platforms that integrate blockchain and cybersecurity technology to provide the highest level of security on all of its platforms and products. The company simplifies and introduces a wide range of encrypted products for the business to consumer and business to business markets.
Currently Crypviser offers a truly innovative and highly secure messenging product that allows users to privately message text, photos and video with the option of utilizing the ephemeral messenging option which permanently deletes the message, make encrypted voice and video calls with more options to follow. This is all based on integration of encryption and blockchain technology which provides users with the utmost privacy suitable for government officials, celebrities, business leaders and any party requiring the highest level of privacy and security when communicating via their mobile devices.
“We are very excited about this partnership as it will allow Megahoot to have true partners in the cybersecurity arena in Crypviser as they are one of the most innovative companies in this space, It will allow us to develop highly secure platforms and systems across many industries such as automotive, smart homes, aviation to name a few as well as cross over into other technology arenas. Vadim and his team are visionaries so we look forward to the future prospects and growth.” Stated Louis Velazquez, Megahoot CEO.
“On behalf of Crypviser, I can say that we are all excited and ready to move forward. This partnership with Megahoot, a technology company focusing on highly secure private collaboration platforms for business and personal use, is the perfect fit for Crypviser. With Crypvisers Automated Encryption, and Blockchain DPKI, their technology is primed and ready to be implemented into the IoT Industry, M2M industry, Smart Homes, Medical Devices, and more, all of which, Megahoot are involved in. Crypviser GmbH will not only bring to the partnership its groundbreaking technology, but also a highly professional tenacious team.” Stated Mark Babbitt, Crypviser COO.
Megahoot’s will work closely with the Crypviser team in order to develop highly secure platforms and products and produce enterprise level solutions for small, mid-sized and large global companies.
The highly secured platforms will provide enterprise clients with the scalable collaboration tools that they need to not only protect their vital enterprise data but also to provide their internal users with the highest level of security that will allow them to share sensitive information without the fear of being hacked.
The platforms that will be introduced will not only have enterprise level solutions but also have a level for general public use, providing the general public with a free version that will allow them to collaborate with their peers, fans and basically the world in the securest way possible while protecting their data.
The secure collaboration platforms will span from digital document sharing and execution, secure digital safekeeping, blockchain induced email and messenging solutions to housing secure data that is geared toward the financial, medical, pharmaceutical, auto, government and also for personal use.
Crypviser GmbH, a Cybersecurity Company based in Germany, has solved the four decade old problem of Man in the Middle attacks with Crypviser’s Blockchain Decentralized Public Key Infrastructure. The company has also developed “Automated Encryption”, which takes the complexity out of encryption so that everyone can benefit from the highest level of security. This technology is very adaptable and can be easily implemented into the IoT field, M2M field, Autonomous Vehicles, Smart Homes, and more.
Crypviser has already taken their technology and has created the most secure and private instant messaging product on the market. The Crypviser Secure Messenger is immune to Man in the Middle Attacks, and self contained within its own ecosystem. Even with a compromised mobile phone, the messages, data, photos, audio and anything within the Crypviser Secure Messenger remains secure. Unlike so many other technological products on the market, for Crypviser, security is a prerequisite, not an afterthought. This becomes clear once a person uses the Crypviser Secure Messenger with its plethora of security and privacy features, and yet still easy enough to use for the average individual. For more information please go to www.crypviser.network
The Crypviser Team
Vadim Andryan, CEO/CTO
Vadim has experience as both an entrepreneur and a cryptography expert. Vadim has build several companies in the past and he has built up Crypviser from the beginning. He has worked as a cryptography expert for the past 15 years. Mr. Andryan has the CCNA and CCNP degrees of IT security and cryptography. He has broad experience and knowledge in computer security and data encryption fields. He has worked in government and military projects focusing on cyber-security and social engineering. Since 2007 he has founded several telecommunication companies that are still successfully operating in several countries. In 2013, Mr. Andryan decided to bundle his extensive technical and business expertise, which he has accumulated over more than 10 years in the development of the innovative Crypviser project. Today, as the CTO of Crypviser he is responsible for all cryptographic and security models.
Waldemar Konradi, Managing Director
Mr. Konradi has extensive practical experience in the telecommunication industry. In 2004, he started at Euphony GmbH as Sales Manager. Since April 2008 until 2009 he managed the IT company Enete GmbH as Executive Director. Due to strategic thinking and strong leadership skills, Waldemar Konradi proved himself as fitting Executive Manager for Crypviser. In 2015, he became co–founder and since February 2016 he has been appointed to Managing Director.
Manuel Schütz, COO (Chief Operations Officer)
Manuel studied Mechatronics at DHBW Mannheim and finished with a Bachelor of Engineering. During that time he developed a deep passion for entrepreneurship, software businesses and start- ups. Manuel has been following Crypviser’s development from an early stage and joined the company in early 2017. Starting as Assistant Manager of the CEO and supporting him in various day-to-day activities. Over time he took on more tasks from the CEO with increasing responsibility and is now one of the key figures in the business. He is involved in setting up, defining and improving internal processes. Strong analytical and problem-solving skills are what sets him apart. He is steadily looking to grow personally and professionally within the company. In September 2019 he will join the Part-Time MBA Program at Business School Mannheim, Germany’s leading business school, according to rankings.
Yudhistira Attry, Director of Software Development
Yudhisthira is an expert in mobile application development, having worked on multiple domains and technologies which included multimedia technology, consumer electronics, blockchain and cyber security. He has close to 12 years of experience working with start ups and big technology giants. He has experience in working through entire life cycle of small and large scale projects, involved in requirement specification, design & architecture, software implementation, large scale beta and performance monitoring in field. Experience of working directly with third-party vendors, customers, business partners and teams spread across various geographies. He has worked on different mobile and TV platforms like Android, iOS, Windows, Palm OS, Amazon fire TV etc.In Crypviser he is currently involved designing and architecting Crypviser Secure Messenger for Android and iOS. He is mentoring and guiding people on technical and beyond technical areas and playing a key role in the entire development ecosystem. Prior to joining Crypviser, Yudhisthira held technical lead and architect positions at 8fit, DISH / ECHOSTAR and Samsung.
Sergey Sidorov, Legal Manager
Sergey oriented himself on law and rights of industrial sector during his law studies early on. That’s why he studied law at the Philipps University of Marburg in Germany with the focus on commercial and contract law. During the internship at several middle size companies and law firms he collected his first experience in establishing the legal framework for companies and working on cases related to companies matters. Later on he deepened his knowledge in International and European law at Heinrich Heine University in Düsseldorf in Germany which he successfully graduated from. During that time Sergey worked on cases to protect and enforce companies’ rights involving German and International Law. In a key project at the University involving the law firm Clifford Chance he has an in-depth look in legal management of cases which were solved through arbitration and working in a highly professional environment. With growing experience and having enough inside in company’s business he developed the passion for working on start-up related matters. His experience helps him to manage the legal challenges for the company by analyzing the weak points and involving the right setup of lawyers and strategies to solve the problem. From the earliest days he proved himself as a great professional and has demonstrated quality skills in the ability to negotiate, support public relations and finding situations without reputation risks for the company.
Mark Babbitt, CCO (Chief Communication Officer)
A published writer and public speaker with over 20 years of teaching experience, mentoring Business Professionals, to CEOs, and Public Officials. He has worked in numerous fields such as the Legal Industry, Education Industry, Pharmaceutical Industry, Music Industry, Automotive Industry. A native of Seattle Washington, living overseas for the past 20 years has given him a unique insight about global issues. Through his years of teaching he has had the opportunity to create relationships with people of countless nationalities, working with Chinese, French, German, Russian, Japanese, Mexican, etc. This experience has given his a glance into the different customs and business mentalities from around the world. One of Marks biggest assets is his ability to see things through common sense tinted glasses. His ability to connect to others, listen to their issues and find common ground is definitely one of his strong points. Creative, driven and unyielding, would be the words to best describe Mark.
About Megahoot LLC
Megahoot is a Technology Company focused on secure private collaboration platforms for business and personal use, incorporating ephemeral messaging, high security, use of cryptography and secure mobility. Products include the Megahoot Vault which is a digital vault for highly secure holding of various cryptocurrencies, loyalty tokens and soon digital documents. With the use of blockchain technology Megahoot will be venturing into various industries from smart homes to health care and more utilizing its blockchain technology platform that will allow corporations globally to create dedicated blockchain networks for their businesses for everything from accounting, logistics, supply chain management, security, education and much more. Megahoot LLC is a wholly owned subsidiary of FGA Partners. For more information on Megahoot please go to www.megahoot.com.
About FGA Partners
FGA Partners, formerly Falcon Global Acquisitions, was founded in 1998 and is a private equity firm with a keen focus on technology driven companies in the cybersecurity, smart technologies and blockchain technology arenas. The focus is on companies that have synergy with current FGA subsidiaries, companies that may have been mismanaged, may have little to no access to additional capital or may have been stunted due to lack of organic growth. For more information please go to www.fgapartners.com
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in which such offer, solicitation or sale would be unlawful, and qualification under the securities laws of any such state.
This press release contains forward-looking statements. The use of any of the words “anticipate”, “believe”, “expect”, “plan”, “intend”, “can”, “will”, “should”, and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein are based on certain key expectations and assumptions made by the Company, including but not limited to expectations and assumptions concerning the receipt of required regulatory approval. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
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The Evolution is Digital and Cryptocurrency is Dead Center, Are You Ready?
ARTICLE: (October 19, 2018) Since the surge of Bitcoin the cryptocurrency arena started to boom and opened the door wide for both good and bad projects to come to light. From hard forks to the Initial Coin Offering “ICO” craze, it’s been a wild wild west environment but I believe that is all about to change. Investors have been flocking to ICO’s like someone dying of thirst to the tune of over $12 billion in 2018 alone, way up from the year before.
The question that I always have is this, are investors really understanding what they are investing in?
Do they understand the functionality of their cryptocurrency investment, is it just a coin with hopes of distribution for liquidity or does it actually have a function that is scalable. Any digital asset platform in its essence should be more than just a coin, the platform has to serve a purpose and fill a need that is out there currently. Let’s take a look at Ripple the company, they are creating magic at the company by creating various platforms to make moving money easier, cheaper and secure. Their coin XRP is not the main objective, it’s a store of value of course but the true value is what the company itself does.
Bitcoin and other like cryptocurrencies are like a shell company trading on a stock exchange; yes the shares can be traded but that doesn’t mean there is an underlying company creating value through their business endeavors. That is the problem that I see in this space because without these projects creating value there is no question that in the near future a majority of these coins will be going bye bye.
Bitcoin will not be disappearing so don’t worry about that one, it has distribution value and that’s all it needs to be viable, I can’t say the same about many coins that are out there today. Regulators are trying to figure out how to regulate this new industry but with financial institutions like Goldman Sachs and now Fidelity Investments creating platforms to bring true security and transparency to the space, it’s starting to get the mainstream respect that it deserves. Institutional involvement in the cryptocurrency arena is essential to its continued growth and success.
This will allow viable projects to either find institutional funding or get the distribution that brings with it the security of a financial institution like Fidelity Investments. The point is that this is only the beginning of the mapping out process for the expansion of the cryptocurrency markets. Mike Novogratz of Galaxy Digital is one of the biggest public voices supporting and growing the cryptocurrency market. He benched the creation of a fund that would solely hold cryptocurrency but that doesn’t mean that it will not come to pass at some point when this space is more mature and it will be getting there.
John McAfee , founder of McAfee Associates the antivirus company, has dove head first into the cryptocurrency market with the belief that this will be an evolution more than a revolution. This is a man who has been followed by much controversy but that hasn’t slowed him down a bit, his involvement in the cryptocurrency market could very well bring attention to the table that will have the mainstream taking the time to learn more about this space and that is what is needed, for people to understand it.
When we took over the Pecu Novus Digital Asset Network project it wasn’t an overnight decision, we looked long and hard at what it was all about. Looking at the functionality and the true purpose of the original developers of the platform, why was it created in the first place? The purpose was simple, to create a cost effective, efficient, secure and simple way for businesses to transact business globally without horrendous banking fee’s or potential financial fraud. The proprietary Pecu Novus Escrow System is what was the most interest to us as this was solving a problem in global business, the potential to virtually eliminate letters of credit or bank escrow accounts that lock up funds and are costly in most cases.
Since we became the custodians for the Pecu Novus Digital Asset Network the entire network has been redesigned, functions tightened up and the layers of function in development will make Pecu Novus much more viable to the mainstream in the coming months and years. The functions such as the proprietary escrow system are not limited to businesses but can be used by anyone for any type of transaction in any amount actually. Allowing the general public to transact securely, efficiently, cost effectively, quickly and transparently.
We went that extra mile with the launch of the Megahoot Vault, in its simplest form it is similar to an actual bank vault but digital where vault holders can hold their digital assets such as Pecu Novus and other digital assets such as Bitcoin which will be onboarded late November 2018. But it doesn’t end there, vault holders will be able to lodge digital documents into their safety deposit boxes within the Megahoot Vault that are digitally stamped, signed and sealed. This will be a game changer for industries such as real estate, import/export and any other industry that requires agreements to be signed. This is only the beginning for the Pecu Novus Digital Asset Network and what Megahoot is bringing forward to layer on the network.
Exchanges such as Coinbase, Gemini and others have allowed for commodities exchanges CBOE and CME to create futures contracts for Bitcoin however it’s all about hedging your bets as with any options exchange. So that alone doesn’t create what’s needed, it is a good start but now with Fidelity Investments and Bitgo developing a cryptocurrency custodian environment, I see this as a game changer. It will allow for institutions to finally start making true investments in this space and create the value that they have done with so many publicly traded companies over the decades.
There are a number of viable projects that are going to change the landscape of the cryptocurrency market and once they get the funding they need then that is when the magic begins.
Investitute’s Jon Najarian has a long history of trading options very successfully, between him and his brother Pete Najarian, both former NFL players and floor traders, they have built an empire. Now Jon is putting a keen focus on the cryptocurrency market and I believe it’s because he see’s the future.
I see the future just as many others see it, with financial leaders such as Lee Cooperman seeing the bond market in a bubble it should make people think of what’s to come. The stock market has been on fire for the past couple of years and the appetite of investors is growing for more new opportunities and those opportunities are coming in the form of game changing situations, such as the cryptocurrency market.
As with any growth situation, there will be growing pains but once that is gone through then the true value will be unlocked and the next evolution will be in full swing. The digital age is here to stay and its just getting warmed up so prepare yourselves for the future where cryptocurrency is dead center.
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