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8-K - CURRENT REPORT - SOLLENSYS CORP. | sols_8k.htm |
Exhibit 99.1
Sollensys
Corp Finalizes Acquisition of Lab Facility
Company Acquires 35,793 Sq. Ft. Building as New
Headquarters
PALM BAY, FL / ACCESSWIRE / June 11, 2021 / Sollensys Corp
(OTC:SOLS), a Florida-based blockchain solutions company offering
products that ensure its clients' data integrity through
collection, storage and transmission, has contracted to purchase a
state-of-the-art scientific research laboratory situated in the
Foundation Research Park in Palm Bay, Florida.
The new
facility features:
●
Building Size:
36,810 total sq. ft.
●
Land: 3.7 +/-
acres
●
Back-up emergency
power generation
●
Sensitive
Compartmented Information Facility (SCIF) communications
area
●
Power:
3-phase
●
HVAC: 100% air
conditioned
●
Fire sprinkler
system
●
Eave Height:
16'
●
Parking: 114
spaces
●
Purchase Price:
approximately $2.5MM
Don
Beavers, Chairman and CEO of Sollensys Corp., stated, "We are very
pleased that we have been able to acquire this amazing facility.
This expansion allows us to better service our growing client base.
We have placed heavy emphasis on planning the expansion of our
infrastructure to handle the growing need for blockchain services
in the market."
More information and images of the building can be found online
at: https://www.loopnet.com/Listing/1470-Treeland-Blvd-SE-Palm-Bay-FL/16626243/
About Sollensys Corp
Sollensys
Corp is a math, science, technology, and engineering solutions
company offering products that ensure its clients' data integrity
through collection, storage, and transmission. Our innovative
flagship product is the Blockchain Archive Server, a turn-key,
off-the-shelf, blockchain solution that works with virtually any
hardware and software combinations currently used in commerce,
without the need to replace or eliminate any part of the client's
data security that is being utilized. The company recently
introduced our second product offering-the Regional Service Center,
which offers small businesses the same state of the art technology
previously available only to large or very well-funded
companies.
Headquartered
in Palm Bay, Florida, the Company's primary product is the
Blockchain Archive Server-a turn-key, off-the-shelf, blockchain
solution that works with virtually any hardware and software
combinations currently used in commerce, without the need to
replace or eliminate any part of the client's data security that is
being utilized.
The
Blockchain Archive Server encrypts, fragments and distributes data
across thousands of secure nodes every day, which makes it
virtually impossible for hackers to compromise. Using blockchain
technology, the Blockchain Archive Server maintains a redundant,
secure and immutable backup of data. Redundant backups and the
blockchain work together to assure not only the physical security
of the database but also the integrity of the information held
within.
Blockchain
Archive Server protects client data from "ransomware"-malicious
software that infects your computer and displays messages demanding
a fee to be paid in order for your system to work again. Blockchain
technology is a leading-edge tool for data security, providing an
added layer of security against data loss due to all types of
software specifically designed to disrupt, damage, or gain
unauthorized access to a computer system (i.e.,
malware).
Uniquely,
the Blockchain Archive Server is a turn-key solution that can stand
alone or seamlessly integrate into an existing data infrastructure
to quickly recover from a cyber-attack. The Blockchain Archive
Server is a server that comes pre-loaded with the
blockchain-powered cybersecurity software, which can be delivered,
installed and integrated into a client's computer systems with
ease.
Sollensys Corp
(866)
438-7657
www.sollensys.com
info@sollensys.com
https://business.facebook.com/Sollensys/
https://www.linkedin.com/company/sollensys-corp/