CORTELCO Signs Sollensys to Provide Blockchain-Powered Cybersecurity Safety Net to its Customers – Yahoo Finance

PALM BAY, FL / ACCESSWIRE / March 1, 2022/ Sollensys Corp (OTC PINK:SOLS), one of the first major cybersecurity companies specializing in ransomware recovery built on blockchain technology, today announced entry into a strategic reseller agreement with CORTELCO, an IT solutions for digital transformation company specializing in tailored solutions for businesses ranging from security to data centers.
"The future of advanced and reliable cybersecurity recovery is happening today in Palm Bay, Florida," said Juan Carlos Ramos, President of CORTELCO Puerto Rico. "Don Beavers, along with his talented team of engineers, has harnessed the brilliance of blockchain technology into a cybersecurity juggernaut that we are 100% confident will give our customers an advantage, providing them business continuity in the event of a cyber attack."
Rather than starting with penetrable endpoints, Sollensys begins with securing a copy of what the hackers want most to hold hostage and corrupt: organizations' digital intellectual property and operational data. Sollensys exists to ensure companies and institutions never pay a ransom and their business can continue swiftly by safeguarding an immutable and uncorrupted copy of your data.
"The mission of Sollensys is to create a next generation blockchain cybersecurity company that makes the world safer for all of us by creating a ransomware safety net which is becoming more essential as each day passes," said Don Beavers, CEO of Sollensys Corp. "We are honored to partner with CORTELCO, as it has a rich history of delivering proven IT solutions for over 1,500 companies across Puerto Rico for almost 60 years."
About Sollensys
Sollensys understands that cybersecurity is one of the biggest threats to our way of life. Destabilization, financial loss, data leaks, and corporate espionage create ripple effects that can be devastating. We are constantly reimagining technology to create a safer, better world to safeguard infrastructure, prevent disruptions to industry, and protect personal health, wealth, and well-being. Sollensys is based in Palm Bay, Florida and is publicly traded under the symbol SOLS. For more information please visit: https://www.sollensys.com
About CORTELCO Systems Puerto Rico
CORTELCO Systems Puerto Rico, Inc. ("CPROF") is a leading provider of Collaboration, Data Center and Security solutions and services in Puerto Rico. With almost 60 years of experience in technology, CPROF works with strategic customers in the government, healthcare, banking, education, hospitality, and manufacturing sector. CPROF has partnered with strategic suppliers and utilizes a direct consultant's force to design its solutions and services, which are installed by CPROF technicians. To find out more information about CPROF and its solutions, visit www.cortelcopr.com, or call 787-704-0000.
Cautionary Statement Regarding Forward-Looking Information
Certain information in this press release contains forward-looking statements. All statements other than statements of historical facts included herein are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in Sollensys' filings with the Securities and Exchange Commission (the "SEC"). You should carefully consider these factors, risks and uncertainties described in, and other information contained in, the reports we file with or furnish to the SEC before making any investment decision with respect to our securities. Readers should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond Sollensys' control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects Sollensys' current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Sollensys is under no obligation (and expressly disclaim any such obligation) to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Investor Relations:
Sollensys Corp
866.438.7657
www.sollensys.com
info@sollensys.com
https://www.linkedin.com/company/sollensys-corp/
SOURCE: Sollensys Corp.

View source version on accesswire.com:
https://www.accesswire.com/690944/CORTELCO-Signs-Sollensys-to-Provide-Blockchain-Powered-Cybersecurity-Safety-Net-to-its-Customers

Related Quotes
The semiconductor growth stock fell hard along with the sector amid heightened Russia-Ukraine tensions.
Shares of SoFi Technologies Inc. were soaring 14% in after-hours trading Tuesday after the financial-technology company exceeded expectations with its earnings outlook.
As of 10 a.m. ET, Nio stock is down 3.4%. Nio reported a 10% increase in the number of cars delivered in comparison to February 2021 — which sounds like good news. Problem is, in January Nio reported a 34% increase in deliveries year over year.
Yahoo Finance's Ines Ferre breaks down Nordstrom's latest earnings beat as shares soar.
Investors have a reason to be optimistic about Novavax's fortunes — at least over the near term.
Shares of iQiyi (NASDAQ: IQ) charged sharply higher on Tuesday, surging as much as 39.4%. For the fourth quarter, iQiyi generated revenue of 7.39 billion yuan (roughly $1.2 billion), which was essentially flat year over year. The company reported an operating loss of 975.2 million yuan ($153 million), much improved from its loss of 1.3 billion yuan in the prior-year period.
Shares of several large bank stocks based in the U.S. struggled today, as broader markets continued to be impacted by Russia's ongoing invasion of Ukraine, which is leading to a number of larger economic implications. Shares of JPMorgan Chase (NYSE: JPM) traded roughly 5.3% down as of 1:37 p.m. ET today. Shares of Bank of America (NYSE: BAC) traded 4.8% down and shares of Wells Fargo (NYSE: WFC) traded nearly 6% down.
Maersk joins global shipping boycott cutting off Russia Explainer: How the West's sanctions are hurting Russia FTSE 100 slides 1.7pc as Ukraine jitters linger Ambrose Evans-Pritchard: It is time to drop an energy cluster bomb on the Kremlin Sign up here for our daily business briefing newsletter
Yahoo Finance's Pras Subramanian details the Q4 earnings miss from Lucid Motors as the EV manufacturer forecasts expected supply chain pressures.
Shares of Alcoa (NYSE: AA), one of the world's largest aluminum companies, rose as much as 13.5% on Tuesday. The move appears to be a response to the company's presentation at an industry conference, from which there was one really notable takeaway. Alcoa is a vertically integrated aluminum maker, offering the aluminum inputs bauxite and alumina as well as finished aluminum.
U.S. stock indexes end sharply lower Tuesday, with the Dow Jones Industrial Average posting the sharpest decline, as Russia steps up its attacks on Ukraine.
Investors might have been disappointed with Novavax’s (NVAX) latest quarterly results, but Jefferies analyst Roger Song thinks a “transformational year” could be in the cards for the vaccine maker. “While next few Q's commercial/regulatory/clinical execution remains key, we could start to see big promise coming to fruition,” the analyst opined following the Q4’s print. That is despite misses on both the top-and bottom-line. Revenue declined 20.5% year-over-year to $222.2 million, falling $109.59
Cleveland-Cliffs stock had its Relative Strength (RS) Rating upgraded from 88 to 91 Tuesday. Decades of market research reveals that the market's biggest winners often have an RS Rating of at least 80 at the beginning of a new climb. Is Cleveland-Cliffs Stock A Buy?
First Solar stock plunged as the solar products company reported quarterly results that fell short on revenue, as did the outlook for 2022.
Tight supplies and soaring prices for new cars continue to have ripple effects on the market for used vehicles, and the companies that sell them.
Consumer-focused digital healthcare, GoodRx Holdings Inc (NASDAQ: GDRX) shares are plunging after the company's Q4 FY21 earnings came in below expectations. Several analysts have downgraded the stock with reduced price targets in reaction to the earnings. SVB Leerink maintains GoodRx with an Outperform and lowers the price target from $49 to $33. Goldman Sachs maintains GoodRx with a Buy with a price target of $30, down from $43. RBC Capital maintains GoodRx with an Outperform and price target l
Shares of the clinical-stage biotech Axsome Therapeutics (NASDAQ: AXSM) are up by a healthy 14.3% as of 1:22 p.m. ET on Tuesday. The drugmaker's shares are pushing higher today in response to the company's 2021 fourth-quarter and full results. The Food and Drug Administration (FDA) has held off on making a final call regarding AXS-05's MDD regulatory review for over five months now due to two technical issues.
Loveland-based Workhorse Group has inked a multi-year supply agreement with a Canadian manufacturer as it plans to cease production on its flagship vehicle following a costly recall announced late last year.
Cassava Sciences (SAVA) hogged the headlines last year both for good and bad reasons. The company’s Alzheimer’s disease (AD) candidate simufilam showed exceptional results in clinical trials – after 6 months, 9 months, and a 12-month analysis following treatment, patients’ cognitive behavior improved – impressing in what has always been a notoriously difficult to treat condition. But then the tables turned on the company, as accusations of data manipulation and unsound practices were made. So, w
Until now, gaming has been the company's unstoppable growth engine, but it may be running out of gas.

source