Bits Republic (Vancouver) and CloudTerrain (Hong Kong) Reach Distributor Agreement

VANCOUVER, BC, January 12, 2011 (Press-News.org) Bits Republic Technologies, Inc. (http://www.bitsrepublic.com), the Vancouver-based online security software developer, and CloudTerrain Limited (http://www.cloudterrain.com), a leading cloud data services integrator in Hong Kong have reached an agreement for CloudTerrain to act as a distributor of Monet by Bits republic, the secure browser-based Document Management and Sharing System.

CloudTerrain will offer Monet as part of its present suite of cloud-based Platform-as-a-Service, Infrastructure-as-a-Service and Software-as-a-Service offerings. The Monet application is currently available in the CloudTerrain Cloud Applications Marketplace and as such may be bundled with a variety of related online document creation, backup and collaboration services designed for medium-sized enterprises.

Key features of Monet include:

- File and folder sharing 'in the cloud' with privacy that is so complete that only authorized users have access to secure data. Not even Bits Republic or CloudTerrain as application and storage hosts have access to their users' files;
- Secure file access and control from anywhere, and the ability to set sharing and collaboration permissions for anyone with no loss of security, right through a browser (no install required);
- Compliance with HIPAA, SOX, GLB and other privacy-related guidelines and legislation;
- File version availability and user access tracking through an online interface; and
- Support for client-side 'managers' that act as account-wide system administrators, assuring that corporate data remain under corporate control.

"We are very excited to work with Bits Republic" stated Edward Ng, Business Director, CloudTerrain. "Our pre-release of the product has garnered significant interest from clients in several industries. We believe this is the wave of the future. Those who understand the vulnerability of email and standard collaboration solutions really appreciate that their data is locked up tight with this system, they like that they can brand the product with their own corporate colors and logos, and they have found the service to be easy to use as well, which is really important."
Monet uses the patent-pending Bits republic security engine which provides a very flexible platform for client-side encryption and server side 'blind' hosting and management. This technology assures that only authorized users are able to access secured data and metadata, and that not even the application or storage hosts have access to it themselves.

About Bits Republic Technologies
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Bits Republic Technologies is a software development firm specializing in online privacy and security. Bits republic was founded in 2007 through private funding as well as support of the Canadian Federal National Research Council. Bits Republic is located in downtown Vancouver, BC with development offices in Burnaby, BC at the Simon Fraser University Center for Integrated Research in Mathematics and Computer Science (IRMACS). Bits Republic has developed a unique (patent-pending) approach to online security and privacy and has deployed several products that run on a common security platform.

About CloudTerrain Limited
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CloudTerrain is a full service IT vendor based in Hong Kong since 2009. CloudTerrain provides cloud computing advisory, integration, and deployment services to diverse organizations extending from small businesses to professional services (such as clinics and accounting firms) to Fortune 500 companies primarily in the telecom, finance, banking, and manufacturing industries. CloudTerrain enables its customers with expertise in network infrastructure, data storage and planning, resource optimization, IT security, identity management and business application and aggregation efforts and provision.

For more information, please contact: David Sussman, VP Marketing
David.Sussman[at]Bitsrepublic.com 778.371.5505 x347