OptioLabs Unveils New Anti-Malware Product, OptioGrizzly, at RSA

OptioLabs, which creates technology products that make mobile devices more secure, will be showcasing an updated beta version of OptioGrizzly, a mobile anti-malware application that proactively analyzes, mediates and notifies end-users of malicious application behavior, at the 2015 RSA Conference in San Francisco on April 20-24.

OptioLabs will be part of a CyberMaryland delegation with the Maryland Department of Business & Economic Development (DBED) that will be exhibiting at the RSA conference. Gregg Smith, CEO of OptioLabs, will also be the featured speaker at the DBED-hosted Cyber Investment Breakfast on Monday, April 20, at the Courtyard by Marriott, San Francisco.

OptioGrizzly is based on OptioCore technology, embedded in the Binder of Android’s operating system, and provides control of application and system behavior. At this deep level, OptioCore is able to view all interprocess communication (IPC) within an Android mobile device to monitor for unexpected application and user behaviors and prevent malware infiltration.

“We are excited to unveil an updated version of OptioGrizzly at RSA next week,” said Gregg Smith, Chief Executive Officer of OptioLabs. ”This product offers a new approach to malware concerns by garnering user behavior in a way that is far superior to any other method.”

The RSA conference is the nation’s premier information security conference, attracting world leaders in the IT security industry and setting the international information security agenda. The annual conference draws more than 20,000 attendees, features renowned speakers, and includes exhibits by many of the world’s leaders in cybersecurity.

OptioGrizzly is a simple application that can be integrated into any Android-OS handset. It provides a first-of-its-kind "Intrusion Prevention & Remediation Solution (IP&RS)" that tackles security problems at the source by identifying potentially malicious application behavior, reacting by automatically removing the threat from the mobile device, informing the end-user of the attack, and inserting protections to prevent future infections. The system is also sophisticated enough to meet regulatory demands of the finance, healthcare, and other industries.

More information about OptioLabs and its products can be found at www.optiolabs.com. The company, which has offices in Baltimore and Nashville, Tennessee, is a subsidiary of Allied Minds (LSE: ALM).

More about RSA2015 can be found at http://www.rsaconference.com/events/us15.

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.

ArcPoint Strategic CommunicationsChristine Dunn, 617-484-1660, [e-mail]