ESPRE Solutions harnesses the power of collaboration to extract the benefits of visually connecting global work groups and individuals to create, share, and deliver live video content over the Internet. At the core of ESPRE Solutions is the revolutionary video encoding and decoding (codec) services provided by the patented wavelet based Lightning Strike LSVX™ Codec. ESPRE’s business strategy focuses on building strong partnership and investing in companies that define the leading edge of video collaboration.
ESPRE Solutions CEO, Pete Ianace states that, “ESPRE has an unlimited right to use license for OpenVPN Technologies’ VXN technology which is the backbone for ESPRE’s VUELive and OpenACircle.com service offerings being launched over the summer and fall. OpenVPN Technologies' established brand and open source OpenVPN community are complementary to ESPRE’s.
Additionally, OpenVPN Technologies has the proven ability to bring to market enterprise grade open source software, which will greatly enhance ESPRE’s service and applications deployment.” Mr. Ianace continues, “OpenVPN Technologies has the leadership and commitment to innovation that will help ESPRE’s move into a leading position in the developer and on-line video collaboration markets. Integration with OpenVPN Technologies VXN and OpenVPN technologies will only serve to bolster the strength of our platform.”
OpenVPN Technologies VXN and ESPRE software technologies are immediately available today. OpenVPN security software is also available as free open source and available under the GPLv2 license. OpenVPN Technologies is currently working on enterprise version of OpenVPN software that will be an optional component within the VXN package. “Our OpenVPN software will optimize security in live media and content delivery while simplifying the complexities of installation, configuration, and management,” said Francis Dinha, CEO of OpenVPN Technologies, Inc. OpenVPN Technologies VXN and Espre Solutions licensing is available immediately.
About OpenVPN Technologies, Inc.
OpenVPN Technologies is a privately held company based in Silicon Valley, California, integrating a suite of leading-edge networking and software technologies. OpenVPN Technologies has designed and deployed a Virtual eXchange Network (VXN) that provides secure, reliable, and scalable communication services, not only fulfilling the requirements of the traditional virtual private network (VPN) market, but also addressing the demands of real-time media exchange and distribution applications. OpenVPN, our award-winning open source VPN product, has established itself as a de-facto standard in the open source networking space, with over 2.5 million downloads since inception. OpenVPN Technologies is the provider of next-generation secure and scalable communication services, implementing its business plan through strategic partnerships with key application software providers and marketing its product to SMB market place through its OpenVPN web site that is experiencing more than 200,000 new SMB users, prospects, and customers per month. Learn more about OpenVPN Technologies at https://openvpn.net.
About ESPRE Solutions, Inc.
Plano, Texas-based ESPRE Solutions is a public company ((EPRT.OB) that is reinventing how enterprises work and exchange information and ideas by providing a truly viable solution for live, high-quality multi-media video collaboration. ESPRE Solutions harnesses the power of collaboration to extract the benefits of visually connecting global work groups and individuals to create, share, and deliver live video content over the Internet. At the core of ESPRE Solutions is the revolutionary video encoding and decoding (codec) services provided by the patented wavelet based Lightning Strike LSVX(TM) Codec. ESPRE's business strategy focuses on building strong partnerships, investing in companies that define the leading edge of video collaboration. To learn more about ESPRE Solutions, or to experience the company's pioneering video compression technology, visit www.espresolutions.com
Forward-looking statements made in this release made pursuant to the "safe harbor" provision of the Private Securities Reform Act of 1995. Forward-looking statements made by ESPRE Solutions, Inc. are not a guarantee of future performance. For more information about ESPRE Solutions, Inc. visit http://www.espresolutions.com
PRESS CONTACTS:
OpenVPN Technologies, Inc.
Francis Dinha
pr@openvpn.net
ESPRE Solutions, Inc.
Pete Ianace
pete@espresolutions.com
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to the integration of acquisitions; the ability of the Company to effectively compete; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company's growth and international operations; adverse results in litigation; the dependence on key personnel as well as other factors contained in in our most recent Quarterly Report on Form 10-Q (copies of which may be accessed through the Securities and Exchange Commission's website at http://www.sec.gov), including those found therein under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations". In addition, the forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.