MTOUCHE (0092) - mTouche partners Celcom to offer mobile communication app
April 16, 2015 : 8:06 PM MYT
KUALA LUMPUR (Apr 16): mTouche Technology Bhd has teamed up with Celcom Axiata Bhd to provide the latter's mobile subscribers with mTouche's fully Malaysian developed encrypted and secured mobile communication application, with a range of features such as Chat, E-Mail and Voice Calls.
In a filing with Bursa Malaysia today, mTouche (fundamental: 1.35; valuation: 0) said its wholly-owned subsidiary MTB Securenet Sdn Bhd has signed a master application and content provider agreement with Celcom's unit Celcom Mobile Sdn Bhd for the purpose.
"The mobile application allows subscribers to communicate safely and confidentially, preventing data from security breach," the ACE Market-listed company said.
"(It) will enable secured information flow, thus enhancing the comfort of information shared between subscribers," it added.
The application is a first-in-Malaysia application for smartphones, utilising the AES-256 encryption technology, based on state-of-the-art encryption algorithms. In the future, the application would be made available for tablet computers as well.
“The increasing number of data breaches, hacking and cyber intrusions making headlines around the world today clearly reflects the need for an application like this,” mTouche group chief executive officer Zakhir Mohamed said in a statement.
mTouche shares closed unchanged at 20.5 sen today, bringing a market capitalisation of RM44.17 million.
http://www.theedgemarkets.com
April 16, 2015 : 8:06 PM MYT
KUALA LUMPUR (Apr 16): mTouche Technology Bhd has teamed up with Celcom Axiata Bhd to provide the latter's mobile subscribers with mTouche's fully Malaysian developed encrypted and secured mobile communication application, with a range of features such as Chat, E-Mail and Voice Calls.
In a filing with Bursa Malaysia today, mTouche (fundamental: 1.35; valuation: 0) said its wholly-owned subsidiary MTB Securenet Sdn Bhd has signed a master application and content provider agreement with Celcom's unit Celcom Mobile Sdn Bhd for the purpose.
"The mobile application allows subscribers to communicate safely and confidentially, preventing data from security breach," the ACE Market-listed company said.
"(It) will enable secured information flow, thus enhancing the comfort of information shared between subscribers," it added.
The application is a first-in-Malaysia application for smartphones, utilising the AES-256 encryption technology, based on state-of-the-art encryption algorithms. In the future, the application would be made available for tablet computers as well.
“The increasing number of data breaches, hacking and cyber intrusions making headlines around the world today clearly reflects the need for an application like this,” mTouche group chief executive officer Zakhir Mohamed said in a statement.
mTouche shares closed unchanged at 20.5 sen today, bringing a market capitalisation of RM44.17 million.
http://www.theedgemarkets.com
