Vancouver, British Columbia--(Newsfile Corp. - December 1, 2020) - Oculus VisionTech Inc. (TSXV: OVT) (OTCQB: OVTZ) (FSE: USF1), announces preparation for the launch of their "Forget Me Yes™". data privacy compliance platform.
The launch of the "Forget Me Yes™" (FMY) platform, in conjunction with its Data Protection System (DPS), will allow Oculus VisionTech to offer a line of security and regulatory required product(s) that target the fast growing market for cloud native and hybrid cloud business.
"The "FMY™" platform will be a business-critical component for most databases that operate with Customer Relationship Management (CRM) software tools. This would mean businesses in countries where Data Privacy regulation have been implemented (including Canada's newly proposed C-11 draft to PIPEDA) are potential customers of Oculus VisionTech.," stated Rowland Perkins, CEO of Oculus VisionTech.
International Data Corporation () forecasts that the worldwide data privacy market grew 60.29% in 2019 and is expected to be a multi-billion market by 2023.
In addition, OVT advises that our wholly owned subsidiary OCL Technologies Corp. has recently been featured on Blocks & Files () regarding our FMY™ Software-as-a-Service API Platform (). No financial nor share consideration was paid for this blog, and OVT is not aware as to whether B&F currently have any share ownership.
The "Forget Me Yes™" (FMY) service manages both organizational and individual Right-to-be-Forgotten (RtbF) and Right-of-Erase (RoE) compliance of structured data for California Consumer Privacy Act (CCPA), Nevada SB220, Washington Privacy Act (WPA), Brazil's LGPD and Europe's GDPR. Features include easy integration for Salesforce and other third parties, in-time compliance, automated persistent re-query delete including an audit trail for continuous compliance.
About Oculus
Oculus, , is a cyber security company that creates systems for document and multimedia protection to combat tampering and digital piracy. Utilizing proprietary technology originally created for embedding digital watermarking video-on-demand (VOD) systems, Oculus has created a Cloud-based document protection system based on embedded digital watermarking. The Company's systems, services and delivery solutions include document, still image and motion video digital watermark solutions and documents, photographs (still image) and video content protection. Headquartered in Vancouver, British Columbia, Canada, Oculus was founded by experts in image processing and is operated by an experienced management team.
Learn more about Oculus at or follow us on Twitter () or Facebook ().
About OCL
OCL Technologies , a wholly owned subsidiary of Oculus, is specifically focused on providing enterprise organizations and individuals with highly-secure data privacy tools that provide sustained and continuous global regulatory compliance of data subject rights. Headquartered in San Diego, California, OCL Technologies was founded by industry veteran storage technology experts and is operated by an experienced management team.
Learn more about OCL Technologies at .
For further information, contact:
Anton Drescher
Telephone: (604) 685-1017
Fax: (604) 685-5777
Website:
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