updated 5/13/2011 7:46:02 AM ET 2011-05-13T11:46:02

BOULDER, Colo., May 13, 2011 (GLOBE NEWSWIRE) -- Reaching millions of viewers on the Fox Business Network, eCrypt Technologies (OTCBB:ECRY) CEO Brad Lever appears on Today's Business Report to discuss the risks of cybercrime and the products eCrypt is developing to help businesses and individuals battle this growing global concern.

Cybercrime is one of the largest problems the world faces today, costing US businesses in excess of $1 trillion annually. The threats are various and widespread, and are rapidly transcending yesterday's techniques and technologies, forcing businesses to be more reactive than proactive. A key element to combating cybercrime is securing communications using encryption. Existing solutions however are costly, and require IT resources to implement and manage, and don't protect businesses from internal threats such as unscrupulous employees.

In a special segment on Today's Business Report airing on the Fox Business Network on Sunday, May 15 of 2011, eCrypt's CEO Brad Lever outlines the realities of the problem and how eCrypt products offer a practical option to individuals, and businesses large and small to proactively defend against threats such as identity theft, data leakage, and corporate espionage.

"People need to know that falling victim to cybercrime is not a matter of if, but a matter of when and to what scale," commented Rear-Admiral Jay Cohen, member of eCrypt's Board of Directors. "This is the reality. eCrypt is a pioneer in their approach to securing communications – a cornerstone of cyber security – by taking the complexity out of a complicated technology."

eCrypt solutions use military-grade encryption while maintaining simplicity. Easy to use and affordable, they do not require any IT support or resources to deploy or manage, enabling businesses to realize an immediate return on their investment.

The Today's Business Report segment will air on Fox Business Network, on Sunday, May 15, 2011 at 5 PM EDT and will be re-broadcast on other partner stations at a later date. To locate the channel in your area, go to www.foxbusiness.com/channel_finder.html .

About eCrypt Technologies ( www.ecryptinc.com )

eCrypt Technologies, Inc. is an information security firm focused on ease of use and end user control. Using the strongest encryption algorithms available, eCrypt solutions prevent unauthorized access to email messages during transmission and storage on servers and PCs. Users may communicate freely with each other knowing that no one -- not even eCrypt -- has access to the content of their emails.

To date, the Company has launched eCrypt One on One, an email encryption software for use on BlackBerry smartphones, and eCrypt.me is the easiest and most secure way to send and receive messages, and store files anywhere on the internet.

eCrypt.me is compatible with all devices able to browse the Internet, including smartphones, tablets, iPhones, PCs and Macs. This easy to use solution offers a spam and phishing free environment, and allows users to keep their existing email accounts. You and your contacts are encouraged to register today for free at www.eCrypt.me as the first step in protecting yourself against cyber crime.

TheBlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited.

The eCrypt Technologies Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8369

         Tris Hussey
         Brad Lever

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved


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