SAN GERONIMO, Calif., May 11, 2011 (GLOBE NEWSWIRE) -- T3, a subsidiary of Virogen Inc (Pink Sheets:VRNI), a technology holding company, today announced that the Company has added a sales team for its wholly-owned subsidiary, Tiger Team Technologies "T3," in Minneapolis, MN.
T3, based in California, plans to continue expanding its salesforce by adding teams in San Francisco, New York, Chicago and Dallas within the next three months. The Company has chosen Minneapolis as its first target market because the city has a very large number of Fortune 500 company headquarters. T3's copyrighted proprietary security software and hardware solutions are designed to provide enterprise level clients with an unprecedented level of data and document security, encryption, tracking and liability protection.
"We are excited to begin strategically building our salesforce to market our unique suite of data and document security solutions to the largest enterprise companies in the US. Minneapolis is an ideal place to begin because of the high density of Fortune 500 companies, particularly those in the medical and financial fields, which require the highest level of security in addition to the insurance and legal industries," commented CEO of Virogen, Inc., Paul Hogan.
"Within the next few months, the company plans to continue expanding our salesforce into the largest markets for our solutions in the US. Once this groundwork is laid, we believe that the sales process will grow rapidly due to the unique and superior capabilities of level of our data security and tracking solutions that none of our competitors can match. Additionally, our solutions offer a unique and extremely high level of liability protection for our clients which is of the utmost importance to them and also offer a tremendous value proposition due to our pricing model," continued Hogan.
About Virogen, Inc.
Virogen, Inc. is a technology holding company. The company's wholly owned subsidiary, Tiger Team Technologies "T3," has developed a very unique suite of copyrighted tools to address the network and database security needs of enterprise level companies and corporations. T3's risk management offering provides an unprecedented level of security and liability protection, positioning it as the only company with a comprehensive solution to data security breaches for its clients. T3's primary markets include medical service providers, financial services firms, brokerages and currency transaction platforms, consumer credit card companies, banking entities, retailers, defense and government related operations.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Virogen, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions the occurrence of unanticipated events or changes to future operating results.
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