Visium Technolog Stock Price, News & Analysis

Visium Technologies announced the appointment of Reggie Reed as the new Vice President of Global Channel Sales and Alliances, effective June 15, 2021. Reed, an experienced sales leader with a robust background in building partner ecosystems, will focus on increasing revenue through global systems integrator partnerships. CEO Mark Lucky highlighted Reed's extensive experience in various technology sectors, expecting him to drive significant growth. Visium operates in cybersecurity and machine learning, aiming to enhance data protection for enterprises amid rising cybersecurity threats.

Visium Technologies has appointed Keith Scott as Vice President of Sales and Client Success, effective immediately. With over 20 years in technology and cybersecurity sectors, Scott aims to enhance revenue by expanding Visium's market presence and sales infrastructure. CEO Mark Lucky expressed confidence in Scott's ability to drive growth, highlighting his successful track record in sales operations. Scott's initiatives include doubling the North American sales team and optimizing the company's TruContext^TM platform for improved customer experiences.

Visium Technologies, Inc. (OTCPINK:VISM) announces the launch of TruContext^TM, a platform designed for real-time data conditioning, analytics, and visualization. This versatile technology supports various industries, including cybersecurity, health care, manufacturing, financial services, retail, and public safety. Key benefits enable users to visualize machine data, enhance fraud detection, and streamline operations without requiring advanced technical skills. The platform aims to facilitate quicker decision-making and improve the security posture of organizations.

Visium Technologies, Inc. (OTCPINK:VISM) released an update detailing recent developments aimed at enhancing its cybersecurity and data analytics capabilities. Key highlights include the launch of a revamped website, enhancements to its CyGraph platform for real-time data analysis, and strategic technology partnerships to boost market reach. The company is also pursuing a lawsuit related to a past bankruptcy filing deemed in bad faith. Additionally, an S-3 registration statement has been filed to facilitate capital raising. Visium remains focused on improving customer experience and driving growth.

Visium Technologies, Inc. (OTC PINK:VISM) announced on March 10, 2021, that it will not proceed with the previously approved reverse stock split. The Board of Directors made this decision to align with current conditions and enhance shareholder interests. CEO Mark Lucky expressed confidence in the company's direction and support from stakeholders. Visium specializes in global cybersecurity and technology solutions to safeguard enterprise data and applications.

Visium Technologies, Inc. (OTC PINK:VISM) announced the launch of its redesigned website, emphasizing user experience with a modern design and improved functionality. This initiative is part of key strategic growth projects aimed at enhancing access to information for clients and potential partners. CEO Mark Lucky highlighted the website's role in showcasing Visium's commitment as a dynamic and innovative company. The site will be regularly updated with industry insights, corporate news, and resources. Visium focuses on cybersecurity and technology automation for data protection.

Visium Technologies (OTC PINK:VISM) has entered an exclusive advisory agreement with Donald Capital, an investment banking firm. This partnership aims to secure capital for product development and support strategic goals. The funds will enhance Visium's sales, marketing, and engineering capabilities. CEO Mark Lucky highlighted Donald Capital's experience in cybersecurity, which aligns with Visium's growth plans. The upcoming funding round will also support the company's ambitions for listing on a national exchange.

Visium Technologies, Inc. (OTC PINK:VISM) has announced the planned integration of a GraphBLAS engine into its CyGraph® platform, enhancing its real-time analytics capabilities significantly. This integration aims to expedite cybersecurity analysis through linear algebra, improving the speed and efficiency of threat identification and prediction. The upgraded CyGraph® will facilitate machine learning results and address multiple real-time use cases, including data threat identification and root cause analysis. The platform is now available via Amazon Web Services.

Visium Technologies (OTC PINK:VISM) has successfully repaid $77,000 owed to noteholders related to toxic convertible debt, utilizing $150,000 from new unsecured promissory notes with an 8% interest rate. This repayment aims to mitigate dilution and alleviate downward pressure on share prices. The company anticipates significant revenue from its cybersecurity platform, CyGraph, in the coming weeks, which provides real-time visibility of network security. The repayment and CyGraph's launch are seen as pivotal for the company's growth strategy.