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4-Traders Homepage  >  Equities  >  OTC Bulletin Board - Other OTC  >  WORLDFLIX    WRFX

WORLDFLIX (WRFX)
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WORLDFLIX : New Swantry App Aimed at Billion Dollar European Child Protection Market

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05/18/2017 | 02:31pm CET

PALM SPRINGS, CA / ACCESSWIRE / May 18, 2017 / Swantry (www.swantry.com), a cutting-edge monitoring and control app that provides Parents, Schools, and Caregivers a secure way to monitor and set controls on children's smartphones and tablets, is set for release in both the US and Europe and is expected to fulfill the exponentially growing need for child protection and privacy online. Swantry has been developed by WorldFlix (OTC PINK: WRFX), along with its subsidiary Paranotek, and includes sought after privacy, monitoring and control features such as geofencing, internet boundary features, real time notifications and alarms and end-to-end encryption cybersecurity.

Theresa May, UK's Prime Minister, recently stated that she would push to require social media providers such as Twitter and Facebook to allow anyone under the age of 18 to be able to delete their online history, according to Bloomberg. May, and her Conservative Party, are making this stand in an effort to protect children online, the same primary objective as Swantry. Notably, May is pressing for regulation that would fine companies if they break proposed rules on hate speech, pornography and other content that is particularly harmful to children. According to May, child abuse online is devastating and a global issue, as interacting with children online from anywhere in the world is as simple as a click of a mouse or the push of a button.

"We have been aggressively marketing Swantry across the US and are now expanding our efforts into the UK and the rest of the European market. We see the protection and privacy of children online as not only a priority to anyone who is a parent or caregiver but also as a huge global market, worth billions of dollars globally over the next 10 years. Agencies such as COP, or Child Online Protection, endorsed by the UN and countries around the world, and growing regulations in both the US and Europe will continue to support and enforce rules to protect children from online dangers and predators. Our app Swantry is ready to provide the protection those regulators are looking for. Swantry even monitors the child while still protecting their privacy. Other apps currently on the market just do not do that as well as we do. In fact, some of those other apps would violate some of the privacy laws in the US and Europe. Swantry is positioned perfectly for the European market while other apps do not have the functionality in place to meet the regulations for both protection and privacy," stated Brad Listermann, Chairman and CEO of WorldFlix. "We are pushing Swantry to the front of both the US and European markets and are ready to expand the app's backend capacity as our user base grows."

About WorldFlix, Inc.

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

Paranotek is a partnership between WorldFlix, Inc., and Finnish-based technology and encryption experts. Lauri Tunnela, CTO, and Johannes Maliranta, CCO, have a combined 20 years of diverse and complimentary information technology experience. Tunnela's thesis on information security vulnerabilities has been featured in major Finnish technology magazines. Paranotek's products range from data storage, 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 PINK: WRFX)
Brad Listermann
Chairman and CEO
(310) 684-2462
[email protected]

SOURCE: WorldFlix, Inc.


© Accesswire 2017
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