CyberloQ Technologies, Inc. Issues Shareholder Update on Technology Status
Sarasota, FL, May 04, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — CyberloQ Technologies, Inc. (“CyberloQ” or the “Company”) ( CLOQ ) is pleased to announce the following update on the Company’s business and information objectives going forward.
By way of analogy, if software were a truck, we are wrapping up the engineering and development of the chassis, engine, transmission and the drive train – in other words, the “power plant” that is the core foundation of the truck. “In software, we refer to this as the Back-End architecture and capability,” stated Shawn Watts, who’s leading the development team.”
Continuing the analogy, once the power plant is complete, we will turn our full attention to the design and development of the suspension and steering, exterior body, and everything in the passenger cabin – in other words, the operational functionality and stylistic design that is the “driving experience” of the truck. In software, this is the Front-End functionality and user experience.
With that back-end / front-end focus in mind, our initial team of developers was selected specifically for their back-end expertise and ability to deliver the core processing engine API – the secure, fast and scalable “engine” that will power the Platform.
As we get close to wrapping up the engineering and development of our back-end “power plant,” we are beginning the transition to design and development of the front-end capabilities that the back-end will power – all of the business logic and user interfaces for delivering our customer-facing cybersecurity capabilities.
In order to make this transition, we will be enhancing our DEV team to include software engineers and developers specifically skilled in front-end work through a partnership with several global players. These Companies bring an established track record, a global presence, and the depth of resources required for long-term 24/7 Platform support using both stateside and overseas resources. “The hard part is almost over, getting the ‘Infrastructure’ done correctly is the only way a Company like ours can scale once we get to market in the fall,” stated Chris Jackson, the Company President.
Shareholders, look for a corresponding VIDEO on our YouTube channel in the days ahead featuring Shawn and Chris expanding in greater detail on this very subject.
From time to time, the Company may issue news releases that contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be “forward-looking statements.” “Forward-looking statements” are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.
The Company discourages any and all promotional activity by non-Company actors, and encourages investors and potential investors to review the Company’s public filings, its website and its press releases, and to discuss these matters with their personal legal and financial advisors. Non-Company newsletters/recommendations, websites or general stock symbols/classifications or other identifiers regarding our securities, whether positive or negative, should not be relied on because these items are simply opinions/policies of a third party. These third parties are, in many instances, paid by the publisher or other third parties and the Company believes that they profit from the publication of this literature and the results on the market. These materials should not be a substitute for investors’ research and/or independent decision-making.