LANDSTAR
INC ANNOUNCES
THE FILING OF FORM 10 REGISTRATION STATEMENT WITH THE SECURITIES
AND EXCHANGE COMMISSION
Will
Become
a
Fully
Reporting
Company upon
Effectiveness
RALEIGH, NC --
January
14, 2019
--
InvestorsHub NewsWire -- LandStar, Inc. (OTCPK:
LDSR) ("LandStar"
or
the "Company"),
the parent company of Data443 Risk Mitigation, Inc.
("Data443"),
a leading data security and privacy company, announced the filing
of Form-10 with the
Securities
and
Exchange Commission.
"As we continue the
journey we have communicated throughout 2018, the filing of
the
Form-10 is a significant
milestone
for the Company. The culmination
of work
from many organizations, this latest step in our continued
evolution
will open
opportunities for greater visibility in other markets and attract a
larger investment community that has not been able to invest
and be
part of our story until
now," stated
Jason
Remillard, CEO and
President of LandStar, Inc.
The filing follows
the previous release of audited financials for 2016 and 2017 on
November 16, 2018 as posted on OTC Markets website. The increased
market presence, potential support
of institutional
investors and wider reach of different markets will all be utilized
to support the continued company growth and acquisition
strategy the company is
actively executing.
"We look forward
towards 2019, armed with our new
product lines, customer base and financial capabilities to capture
the significant opportunities in not just cyber security, but the
forthcoming California Consumer Privacy Act and heightened
awareness in business and consumer markets for Data Privacy and
Governance. We continue to license, acquire and develop customer
base, products set
and
technical capabilities for these advanced requirements that
continue to expand across the globe," concluded Mr.
Remillard.
The Company plans to
continue its multi-pronged approach to the market which starts with
deep analysis of market needs and concludes with product
development/acquisition, marketing and sales enablement with its
large and growing reseller and distribution sales channel. Data
Security, Governance and Privacy requirements continue to grow in
urgency and complexity and The Company is
executing to take advantage of this. The Company
launched many new
products
and services in 2018, including
capabilities in Digital Rights Management, Open Source
CCPA/GDPR
Compliance, Data
Classification, Data Governance, eDiscovery, Identity
Governance and Identity
Privacy for medical and
Cannabis markets.
Consistent with the
Form 10 process, the Form 10 is not yet effective and, as is
customary, will be updated as additional information about the
Company becomes available.
The Form 10 can be
found at
https://www.sec.gov/Archives/edgar/data/1068689/000149315219000470/0001493152-19-000470-index.htm
About
LandStar, Inc.
LandStar, Inc.
(OTCPK:
LDSR), through its wholly
owned subsidiary DATA443 Risk Mitigation,
Inc., enables secure data across local devices,
network, cloud, and databases at rest and in
flight. ClassiDocs, the
company's award-winning data
classification and governance technology, supports CCPA,
LGPD
and GDPR
compliance. The market leading ARALOC platform is a highly
secure, cloud-based platform for the management, protection and
distribution of digital content to the desktop and mobile devices,
which protects an organization's confidential
content and intellectual property assets from leakage
malicious
or accidental without impacting
collaboration between all stakeholders. The WordPress GDPR
Framework enables organizations of all sizes to comply with the
GDPR and other privacy frameworks. ClassiDocs for Blockchain
provides an active implementation for the Ripple XRP that protects
blockchain transactions from inadvertent disclosure and data leaks.
For more information, please visit http://www.data443.com
Forward-Looking
Statements
The statements
contained in this release that are not historical facts are
forward-looking statements as defined in the Private Securities
Litigation Reform Act of 1995. Words such as "may,"
"will,"
"could,"
"should,"
"expect,"
"plan,"
"project,"
"intend,"
"anticipate,"
"believe,"
"estimate,"
"predict,"
"potential,"
"pursuant,"
"target,"
"continue,"
and
similar expressions are intended to identify such forward-looking
statements. The statements in this press release that are not
historical statements, including statements regarding
LandStar's plans, objectives,
future opportunities for LandStar's services, future
financial performance and operating results and any other
statements regarding LandStar's future
expectations, beliefs, plans, objectives, financial conditions,
assumptions or future events or performance that are not historical
facts, are forward-looking statements within the meaning of the
federal securities laws. These statements are subject to numerous
risks and uncertainties, many of which are beyond
LandStar's control, which
could cause actual results to differ materially from the results
expressed or implied by the statements. These risks and
uncertainties include, but are not limited to the operations of
LandStar; results of litigation, settlements and investigations;
actions by third parties, including governmental agencies;
volatility in customer spending; global economic conditions;
ability to hire and retain personnel; loss of, or reduction in
business with, key customers; difficulty with growth and in
integrating acquisitions; product liability; cybersecurity risk;
and, anti-takeover measures in our charter documents.
Additional
information concerning factors that could cause actual results to
differ materially from those in the forward-looking statements is
contained, from time-to-time, in LandStar's filings with the
Securities and Exchange Commission and postings on the OTC Markets
news and information website. LandStar undertakes no obligation to
publicly update or revise any forward-looking statement.
Data443,
ClassiDocs, ARALOC
are
registered trademarks of Data443 Risk Mitigation, Inc.
All product names,
trademarks and registered trademarks are property of their
respective owners. All company, product and service names used in
this website are for identification purposes only. Use of these
names, trademarks and brands does not imply endorsement.
All
other trademarks cited herein are the property of their respective
owners.
For
Further Information
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Investor Relations
Contact:
Matthew
Abenante
Porter,
LeVay & Rose, Inc.
data443@plrinvest.com
212.564.4700
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