OptioLabs Announces Release of PrivateEye Enterprise 5.0

OptioLabs, which creates technology products that make mobile devices more secure, today announced the release of PrivateEye Enterprise 5.0, a major upgrade to the company’s data security and compliance software product that protects computer screens against data leakage and insider threats while enabling employees to work normally.

As mobile use of laptops becomes the norm for most organizations, it has become increasingly difficult for enterprises to control data used in the field. PrivateEye Enterprise helps organizations secure their data where it is most vulnerable – over the last two feet from the display to the user. The software helps to limit the visibility of enterprise data to only authorized users, and prevents unauthorized leakage. In contrast to screen savers and plastic filters, PrivateEye software actively protects the screen and produces an audit trail showing proof-of-compliance.

PrivateEye Enterprise bolsters compliance, security and privacy against insider threats. By providing the ability to record intruder and eavesdropper incidents, an organization can use PrivateEye Enterprise to proactively deal with personnel issues before they become a data breach.

"Enterprise data is already secure when at rest with disk encryption and in motion through VPNs, but there are no IT solutions for securing data while in use,” said OptioLabs Chief Product Officer Bill Anderson. "Traditional security tools only look inside the machines and networks, but in the mobile world the threats are also outside devices, walking around and looking at our many open displays.”

PrivateEye Enterprise 5.0 will be released on July 20^th. This major upgrade is designed to improve functionality, performance and stability by incorporating major advances in threat detection technology, new reporting capabilities, broader platform support, and an enhanced user experience. Features include:

1. Eavesdropper Prevention – Detects and alerts the user whenever eavesdroppers try to read the display.

2. Screen Protection – Automatically protects the screen whenever the user looks away. Instantly clears it again when the user looks back.

3. User Recognition –Unlocks the screen automatically for the authorized user. Detects and prevents intruders.

4. Compliance Logging - Time-stamped logs of all access, protection, and security events are maintained, including pictures of intruders and eavesdroppers.

5. Policy Management - Security policies are centrally controlled through a Microsoft Group Policy plug-in.

6. Designed for Mobile - Optimized for Windows 8 and the Microsoft Surface tablet with support for touchscreen interfaces, and automatic tablet orientation switching.

PrivateEye Enterprise works with Windows operating systems and requires a standard embedded or USB webcam. More information about PrivateEye Enterprise can be found on the product website, www.privateeyeenterprise.com. The software is part of a portfolio of products developed by OptioLabs that make mobile devices more secure. To learn more, visit www.optiolabs.com.

OptioLabs, has offices in Baltimore and Nashville, Tennessee, and is a subsidiary of Allied Minds (LSE: ALM).

About OptioLabs
OptioLabs develops transformational security products for the mobile enterprise and embedded systems. Led by a world-class team of technologists, and leveraging innovations developed for national security protocols, OptioLabs has pioneered game-changing advanced security solutions for the world's leading mobile platforms. With offices in Baltimore and Nashville, Tennessee, OptioLabs customers include federal agencies, commercial enterprises, and device manufacturers. More information can be found at www.optiolabs.com.

About Allied Minds
Allied Minds (LSE: ALM) is an innovative U.S. science and technology development and commercialization company. Operating since 2006, Allied Minds forms, funds, manages and builds products and businesses based on innovative technologies developed at leading U.S. universities and federal research institutions. Allied Minds serves as a diversified holding company that supports its businesses and product development with capital, central management and shared services. More information about the Boston-based company can be found at www.alliedminds.com.

Allied Minds Forward-Looking Statement
This press release contains statements that are or may be forward-looking statements, including statements that relate to the company's future prospects, developments and strategies. The forward-looking statements are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results, performance and achievements to differ materially from current expectations, including, but not limited to, those risk and uncertainties described in the risk factors included in the company's regulatory filings. These forward-looking statements are based on assumptions regarding the present and future business strategies of the company and the environment in which it will operate in the future. Each forward-looking statement speaks only as at the date of this press release. Except as required by law, regulatory requirement, the Listing Rules and the Disclosure and Transparency Rules, neither the company nor any other party intends to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150707006487/en/