San Francisco, CA, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Cyberfort Software, Inc. (OTCPINK: CYBF) today announced that it signed a letter of intent (LOI) to acquire Just Content Software. A due diligence review is underway and a final determination regarding this acquisition is anticipated within weeks.
By the LOI’s terms, CYBF will acquire 100% interest in the Just Content App, software and underlying source code. Just Content is an efficacious and multi-functional ad blocking App currently available on iTunes (https://itunes.apple.com/app/id1031003372), that safeguards families and business, for example, from unsafe links, adult content, phishing sites and inflammatory hate speech found on the Internet with its proprietary “Home Safe Filter” and “Business Filter” products.
“CYBF aims to become a leader in developing cutting edge ad-blocking protective software that keeps the Internet safe for families and business, which in our highly technological and immediate information-access society, is a significant concern. Acquiring Just Content furthers CYBF’s commitment to provide the best and most effective ad-blocking software in the marketplace,” said Daniel Cattlin, CYBF’s CEO.
Under the terms of the LOI, Cyberfort Software will tender shares of its stock for Just Content and provide the capital to develop a Just Content App and further develop another exceptional synergistic product, Enterprise Suite, through the calendar year of 2018 and a negotiated development budget for 2019.
“Signing this LOI with Just Content is another strategic step forward for CYBF, as we continue to offer superior software solutions that create a safer online environment or both individuals and businesses.”
About Cyberfort Software, Inc.
Cyberfort Software Inc. is a Cyber Security Technology Company dedicated to improving the digital lives, privacy and security of end users and organizations. It targets the worldwide Cyber Security market by specializing in the acquisition and development of security software, content filtering and ad-blocking technology.
This press release contains statements that are forward-looking and which involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in question are based on Cyberfort Software Inc’s current expectations and projections about future events, based on information currently available. The forward-looking statements found in this press release may also include statements relating to Patriot Berry Farms, Inc. and Cyberfort Software Inc.’s anticipated financial performance, business prospects, new developments, strategies, and similar matters. Cyberfort Software, Inc. provides no assurance regarding the actual outcome of the events contemplated by any forward-looking statements included in this release. Cyberfort Software, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.
Source:Cyberfort Software, Inc.