VirtualArmour Announces Private Placement Pursuant to Regulation A+

Premier Managed Services Provider, VirtualArmour International Inc. (the “Company”) (CSE:VAI) (3V3:F) (OTCQB:VTLR) announced today it will be conducting a private placement via Offering Circular prepared pursuant to Regulation A+ of the Securities Act of 1933 for gross proceeds of up to US$3,000,000.

“This offering is key in our continued expansion as we enhance our sales, innovation and investment relations efforts and ensure that VirtualArmour is poised for growth in a rapidly expanding industry,” said Christopher Blisard, Chairman and Co-Founder, VirtualArmour.

About VirtualArmour

VirtualArmour is a global cybersecurity and Managed Services provider that delivers customized solutions to help businesses build, monitor, maintain and secure their networks.

The Company maintains 24/7 client monitoring and service management with specialist teams located in its US and UK-based security operation centers (“SOC”). Through partnerships with best-in-class technology providers, VirtualArmour delivers only leading hardware and software solutions for customers that are both sophisticated and scalable, and backed by industry-leading customer service and experience. VirtualArmour’s proprietary CloudCastr client portal and prevention platform provides clients with unparalleled access to real-time reporting on threat levels, breach prevention and overall network security.

VirtualArmour services a wide range of clients – which include those listed on the Fortune 500 – within several industry sectors, in over 30 countries, across five continents. Further information about the Company is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and on its website www.virtualarmour.com.

Company Contact:

Nick Dinsmoor
Vice President Strategy and Marketing
Office: 720-644-0913
nick.dinsmoor@virtualarmour.com

Media Contact

Josh Stanbury
Office: 416-628-7441
josh@sjspr.co.uk

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation. The forward-looking information is based on certain key expectations and assumptions made by the management of VirtualArmour.  Although VirtualArmour believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information as VirtualArmour cannot provide any assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release and VirtualArmour disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Click here to connect with VirtualArmour International Inc (CSE:VAI,OTCQB:VTLR) for an Investor Presentation.

Source: globenewswire.com