Market Overview

ZitoVault Licenses CryptoScale™ Patent to IBM


CryptoScale Provides Secure Communications Fabric for IoT and
Cloud-Based Applications

ZitoVault LLC, an innovative provider of security solutions, announced
today that it has settled the patent infringement case against IBM
brought on by ZitoVault, LLC before the U.S. District Court for the
Northern District of Texas (Dallas). Pursuant to the settlement, the
lawsuit will be dismissed. As part of the settlement, IBM has licensed a
ZitoVault patent, US6484257 B1, also known as CryptoScale™, for use with
IBM Cloud Based Services (Softlayer). All other aspects of the
settlement and license were not disclosed.

"This agreement highlights the need for ZitoVault's CryptoScale
technology within cloud services platforms, which provide systems and
methods for maintaining a number of simultaneous cryptographic sessions
using a distributed computing environment," stated Tim McElwee Managing
Director of ZitoVault, LLC. "This successful resolution will allow
ZitoVault to continue focusing on developing security platforms which
provide secure endpoint, detection and response which are enabled by

Additionally, IBM has granted ZitoVault a cross license agreement to
patent US 9.053,446B2 - Dynamically Quantifying the Demand of Each
Software Component of Each Software Stack Deployed in the Cloud
Environment. The combined patents along with the other ZitoVault patents
will further enable ZitoVault to provide global virtual distributed
cloud computing security frameworks.


ZitoVault's mission is to safeguard communications among large numbers
of connected devices such as the Internet of Things. We preserve the
integrity of IoT ecosystems, devices, and users by providing a secure
communications fabric between connected devices and cloud-based
applications. CryptoScale, our patent-protected technology, is unique
because it's designed to efficiently establish secure connections at
massive scale. Contact
to learn more.

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