Visium Technologies, Inc. reports developments in AI-powered cybersecurity, advanced analytics and situational-awareness technology. Company news centers on the TruContext platform and related modules such as Tru-InSight for video intelligence and TruTrack for IoT asset tracking, along with applications in public safety, critical infrastructure, data centers, healthcare operations and enterprise security.
Recurring updates also cover strategic collaboration frameworks, market-development activity in African digital infrastructure and technology sectors, governance matters, capital-structure actions, material agreements, and operating or financial disclosures tied to the company’s AI-focused business plan.
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Visium Technologies (OTC PINK: VISM) announced two upcoming webcasts on December 12 and 14, 2022, focusing on their TruContext technology for cybersecurity. The presentations will highlight the benefits of context-aware cybersecurity, featuring insights from Derrick A. Butts, CEO of technology partner Continuums Strategies. Registration links for both sessions are available, and attendees will learn about advanced analytics and predictive modeling to enhance cyber resilience.
Visium Technologies, Inc. (OTC PINK: VISM) has secured a Master Services Agreement with the Republic of Djibouti to deploy its TruContext technology platform. This multi-year initiative aims to enhance the country’s security capabilities across various sectors including cybersecurity, law enforcement, and port security. CEO Mark Lucky emphasized the plan's alignment with Djibouti’s Vision 2035, anticipating significant economic diversification and regional integration benefits. The ports of Djibouti are vital for trade, handling approximately 2,500 vessels daily.
Visium Technologies has announced the development of its first mapping of crypto and blockchain transactions, focusing on the Ethereum blockchain. Utilizing its TruContext platform, the company automated data extraction from Etherscan, enabling analysis and visualization of transaction relationships over a decade. This innovation aims to enhance understanding for investigators and consumers alike, potentially unlocking new markets. Visium specializes in cybersecurity and data analytics, employing advanced algorithms to protect valuable data assets.
Visium Technologies, Inc. (OTC PINK: VISM) announced the filing of a provisional patent application with the USPTO for its TruContext™ Platform. This innovative technology facilitates real-time ingestion and analysis of diverse data types, enhancing cybersecurity posture. Key features include a no-code interface for intuitive use and the ability to layer context onto critical data, thereby supporting large data volumes efficiently. CEO Mark Lucky highlighted that this patent strengthens the company’s intellectual property portfolio, contributing to their objective of increasing shareholder value.
Visium Technologies, Inc. (OTC PINK:VISM) has announced a partnership with IREX AI, enhancing video security through its TruContext technology integrated with IREX's Ethical AI platform. This collaboration aims to improve public safety solutions, enabling real-time analytics and faster crime-solving capabilities by overlaying threat detection and geolocation data. The intelligence, surveillance, and reconnaissance market is valued at $86 billion annually, indicating significant growth potential. Both companies aim to leverage their advanced technologies to support city governments and law enforcement.
Visium Technologies (OTC PINK: VISM) issued an update from CEO Mark Lucky, highlighting the company's advancements in sales and marketing, despite being pre-revenue. The firm is preparing for an uplisting to NASDAQ, which aims to attract institutional investments and enhance market exposure. This follows a $10 million capital raise through H.C. Wainwright to strengthen its financial position. A successful NASDAQ listing requires adherence to exchange standards. Visium remains optimistic about the demand for its TruContext products, developed in collaboration with Carahsoft.
Visium Technologies, Inc. (OTC PINK: VISM) has announced a webcast on February 22, 2022, at 2 PM EST to introduce its TruContext technology in partnership with Carahsoft. This event aims to showcase how TruContext enhances cybersecurity analytics by integrating various data formats, providing real-time insights into cyber threats. The collaboration with Carahsoft expands Visium’s reach in the public sector, facilitating improved access to its industry-leading cybersecurity solutions. Investors can stay updated through the company's website.
Visium Technologies, Inc. (OTC PINK: VISM) has appointed Solomon Adote, a seasoned Chief Security Officer with over 20 years of experience, to its Board of Directors. Mr. Adote will enhance product development and advise on business opportunities. His extensive background in cybersecurity, including leading global IT security at FMC, Inc., positions him to significantly impact Visium's customer solutions. Adote emphasizes the urgent need for cybersecurity support among state and local governments, asserting that Visium's TruContext technology can fulfill this critical demand.
Visium Technologies (OTC PINK:VISM) announced a partnership with Carahsoft Technology Corp. to enhance public sector cybersecurity solutions. Carahsoft will serve as Visium's Master Government Aggregator, enabling the availability of Visium's TruContext platform through various government procurement channels. The platform offers real-time insights into cyber threats and system vulnerabilities, utilizing the MITRE Att&ck framework for enhanced security. This collaboration aims to improve access to advanced cyber monitoring and analytics for federal, state, and local agencies.