WILMINGTON, Del., Jan. 24 /PRNewswire-FirstCall/ -- Ludvik Capital, Inc (OTC Pink Sheets: LDVK) announced today that it has completed a software licensing agreement with Synertech (http://www.synertechglobal.com/).
Synertech Global has granted Ludvik Capital a five year, renewable license to use, distribute and sell the Synertech products under a mutually agreed upon private label brand. The company projects that the license agreement will net approximately five million dollars in royalties to Ludvik in the first year of operations.
Synertech is a Georgia company based in Atlanta. The Company has secured the co-ownership of the patent and exclusive worldwide marketing rights to the Legitimi Cyber Security Technology, a ground-breaking software-based authentication technology that allows users - for the first time - to safely make online transactions from their personal computers and wireless devices. This technology provides an unparalleled solution to the problem of Cyber fraud and identity theft. Synertech's Legitimi Technology is the industry's latest and most advanced online security innovation that exceeds FFIEC federal mandate for online banking.
Frank Kristan, the Chairman and CEO of Ludvik said "We are very excited that we have completed the Synertech licensing agreement. We looking forward to working with Synertech to further market the software."
Safe Harbor Statement: Except for historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and are subject to the safe harbor provisions of that Act. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement. These risks and uncertainties, and assumptions concerning the Company's future operations and performance, could prove inaccurate and, therefore, there can be no assurance that the forward-looking statements will prove to be accurate.
About Ludvik Capital, Inc
Ludvik Capital, Inc makes investments in public and private companies. It provides long-term equity and debt investment capital to fund growth, acquisitions and recapitalizations of small and middle-market companies in a variety of industries. (http://www.ludvikcapital.com/). The investments and development of the properties are subject to risks and uncertainties which include, but are not limited to, those relating to permitting, financing, the actions of federal, state, or local governments and agencies. Ludvik Capital, Inc may be affected by some or all of these factors and other risks and uncertainties, many of which are beyond Ludvik Capital, Inc's control. Except for historical statements contained herein, the statements made in this release constitute forward-looking statements that involve risks and uncertainties.
