Cipherloc Appoints Gino J. Mauriello as Chief Financial Officer
AUSTIN, TX / ACCESSWIRE / May 21, 2019 / Cipherloc Corporation (OTCQB: CLOK), a provider of highly secure, quantum-safe data protection technology, today announced the appointment of Gino J. Mauriello as Chief Financial Officer effective May 19, 2019. Mr. Mauriello will report to CEO Michael De La Garza and be responsible for Cipherloc's corporate finance functions. Mauriello replaces Jim Sullivan, who resigned as CFO on May 16, 2019, while within a contractual 90-day review period.
Mr. Mauriello is a Certified Public Accountant and has run his own CPA firm since 2003, concentrating on tax and audit work for individuals and corporations. He previously served as a Director and CFO for Cipherloc during 2016 and 2017. He is currently Cipherloc's controller, managing accounting entry and working with the outside auditors in preparing statements. He is a 1999 graduate in Accounting from the University of Nevada, Las Vegas.
'We are delighted to have Gino expand his role at Cipherloc as we continue to move forward toward commercialization and revenue expansion,' said Michael DeLaGarza, Chairman and Chief Executive Officer. 'His deep experience in managing our books will enable him to swiftly step into the role of CFO as we focus on both commercial and government rollouts ahead.'
Said Mr. Mauriello, 'There has never been a more exciting opportunity than today for Cipherloc. The company is advancing multiple commercial implementations and deeply engaged with government and military sector parties seeking this exciting and innovative security and encryption technology. We are excited to scale the business and continue to enhance our governance initiatives and internal controls to support the company as it moves into this new and exciting stage.'
About Cipherloc Corporation (OTCQB: CLOK)
Cipherloc Corporation is a data security solutions company whose vision is simple - Protect the World's Data. Our highly innovative solutions are based on our patented Polymorphic Cipher Engine, which is designed to enable an ironclad layer of protection to be added to existing products, services, or applications. We deliver solutions that are highly secure, synergistic, and scalable. In short, we keep information safe in today's highly dangerous world. For further information, please go to www.Cipherloc.net.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
The information found in this Press Release does not and shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of these securities in any state or jurisdiction based upon the information found in this Press Release.
Darrow Associates Investor Relations
SOURCE: Cipherloc Corporation
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