One company that has started to receive attention from investors is eCrypt Technologies. Located in Boulder, Colorado, eCrypt Technologies is an information security firm with a focus on the wireless industry. Today, eCrypt announced that it has realized larger than expected growth potential from the preliminary results of the Vision Critical research report.
Vision Critical is a strategic interactive research company that has gained a stellar reputation by combining interactive technology, strategic researchers and global panels. Vision Critical was retained by eCrypt Technologies to ascertain primarily early adopters, price point, awareness in the market, and initial market size for the Company’s email privacy solutions which will enhance eCrypt’s flagship product, the “eCrypt” email privacy software for Blackberry smartphones.
The preliminary results of the Vision Critical research report indicate 88% of respondent are interested in email privacy software for smartphones, almost 75% of respondents are interested in the privacy and security of emails sent via the smartphone and 77% of those who download apps infrequently are interested in email privacy software, reinforcing the widespread appeal.
Leading the way at eCrypt Technologies is Brad Lever who serves as the young company’s CEO. Commenting on what these results will mean to the future of eCrypt, Lever was quoted as saying, “We’ve begun to tabulate the results provided to us by Vision Critical and the preliminary numbers indicate that the market demand for our product is much greater than we originally projected. We never had any doubt that the market was ready for a solution like ours, and now have credible data which clearly indicates that we have entered a rapidly growing market, with the right product, at the right time. We’re in the process of implementing our business plan, and with this new data, are confident that we will exceed our original projections.”
Currently, eCrypt is trading in the $0.52 range. With the strong results from the Vision Critical report and a number of positive happenings in their pipeline, eCrypt Technologies is a company to keep an eye on. To learn more about eCrypt Technologies, visit their website at: www.ecryptinc.com.
Let us hear your thoughts below: