World News: 13:35 GMT Monday 14th January 2019. [DATA443 Risk Mitigation Inc. via Globe Newswire via SPi World News]
RALEIGH, N.C., Jan. 14, 2019 (GLOBE NEWSWIRE) -- LandStar, Inc. () (“LandStar” or the “Company”), the parent company of Data443™ Risk Mitigation, Inc. (“Data443”), a leading data security and privacy company, announced the filing of Form-10 with the Securities and Exchange Commission.
“As we continue the journey we have communicated throughout 2018, the filing of the Form-10 is a significant milestone for the Company. The culmination of work from many organizations, this latest step in our continued evolution will open opportunities for greater visibility in other markets and attract a larger investment community that has not been able to invest and be part of our story until now,” stated Jason Remillard, CEO and President of LandStar, Inc.
The filing follows the previous release of audited financials for 2016 and 2017 on November 16, 2018 as posted on OTC Markets website. The increased market presence, potential support of institutional investors and wider reach of different markets will all be utilized to support the continued company growth and acquisition strategy the company is actively executing.
“We look forward towards 2019, armed with our new product lines, customer base and financial capabilities to capture the significant opportunities in not just cyber security, but the forthcoming California Consumer Privacy Act and heightened awareness in business and consumer markets for Data Privacy and Governance. We continue to license, acquire and develop customer base, products set and technical capabilities for these advanced requirements that continue to expand across the globe,” concluded Mr. Remillard.
The Company plans to continue its multi-pronged approach to the market – which starts with deep analysis of market needs and concludes with product development/acquisition, marketing and sales enablement with its large and growing reseller and distribution sales channel. Data Security, Governance and Privacy requirements continue to grow in urgency and complexity and The Company is executing to take advantage of this. The Company launched many new products and services in 2018, including capabilities in Digital Rights Management, Open Source CCPA/GDPR Compliance, Data Classification, Data Governance, eDiscovery, Identity Governance and Identity Privacy for medical and Cannabis markets.Consistent with the Form 10 process, the Form 10 is not yet effective and, as is customary, will be updated as additional information about the Company becomes available.The Form 10 can be found at
Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained, from time-to-time, in LandStar’s filings with the Securities and Exchange Commission and postings on the OTC Markets news and information website. LandStar undertakes no obligation to publicly update or revise any forward-looking statement.
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Investor Relations Contact: Matthew Abenante Porter, LeVay & Rose, Inc. 212.564.4700
Globe Newswire: 13:35 GMT Monday 14th January 2019
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