PCTEL, Inc. (NASDAQ: PCTI), a leader in simplifying wireless and site solutions for private and public networks, announced today that it had engaged Wunderlich Securities, Inc. to advise them on potential directions for PCTEL Secure LLC and its security solution called ProsettaCore™. Wunderlich will assist PCTEL in raising equity, establishing distribution partners, or finding other ways to optimize the value of the PCTEL Secure assets.
“We’ve developed an outstanding security solution,” said Marty Singer, PCTEL’s Chairman and CEO. “It is clear, however, that there is a mismatch between our traditional distribution channels and the various government, military, enterprise, and SCADA markets for ProsettaCore™. Wunderlich is accelerating the introduction of PCTEL Secure to companies with an established interest in both the security and the mobile device management market,” added Singer.
ProsettaCore includes a behavioral-based security monitor and other specialized software which runs on a smartphone and a myriad of other devices. It also includes a Policy Server which provides secure software downloads and Mobile Device Management (MDM) capabilities. The ProsettaCore solution allows a mobile device such as a phone, tablet, or tactical radio, to run in multiple modes, and to enforce multiple security policies, all without any specialized hardware. For example, a phone could have a "Personal Use" mode, and a "Secure" mode, each having different configuration files, apps, access privileges, and more. Security policies can be both pre-configured and updated in the field using a mobile management solution. ProsettaCore keeps separate the data and applications for different modes, effectively turning a single-purpose device into a multi-use device with multiple security levels. In addition, there are non-security applications for this capability.
PCTEL Secure LLC, a wholly owned subsidiary of PCTEL, reports into the company’s RF Solutions Group. An updated Investor Presentation, that reflects this structure and other changes, has been posted to the PCTEL website under the Investor Relations tab.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV