Fobi AI Partners with Verifiction to Enhance Data Verification and Cyber Security Protection

VANCOUVER, BC, May 08, 2024 (GLOBE NEWSWIRE) -- Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the "Company" or "Fobi"), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce a new strategic partnership with Verifiction, a pioneer in data verification and authentication technology. This partnership is aimed at revolutionizing data verification and authentication to empower entities to safeguard their digital assets, ensuring the integrity and credibility of their work.

PROVIDING INNOVATIVE SOLUTIONS TO VERIFY AUTHENTICITY AND OWNERSHIP OF DIGITAL ASSETS

In today's digital landscape, cybersecurity threats and the proliferation of digital media content have become increasingly prevalent. Businesses and individuals face significant challenges in verifying the authenticity and integrity of data, including music, art, video content, and of course, personal data. This strategic partnership between Fobi AI and Verifiction aims to address these challenges head-on by providing innovative solutions that empower businesses and content creators to safeguard their digital assets against data manipulation, forgery, and unauthorized use.

Rob Anson, CEO of Fobi AI, states: “We are thrilled to collaborate with Verifiction as we have been actively seeking a trustworthy solution to fortify our Fobi Data Exchange against potential cyber threats. Verifiction's state-of-the-art technology not only offers essential security measures for business operators but also has the potential to become the modern-day equivalent of Norton AntiVirus, guaranteeing the protection of personal identities and valuable assets for the general public. With their cutting-edge verification technology that provides a safe haven for digital media, content creators and of course the production and distribution of media, we are very confident in the strength and reliability of our partnership and our future-proofed collaborative business solutions.''

Fobi AI and Verifiction will work together to develop innovative plug-in solutions, specifically tailored to the cybersecurity and digital media industries. These solutions will enable businesses and content creators to verify the authenticity and ownership of digital media assets, such as music, art, and video content, ensuring protection against unauthorized use, copyright infringement, and tampering.