VST ENTERPRISES SELECTED FOR PUBLIC SECTOR PROCUREMENT CONTRACT G-CLOUD11

TECHNOLOGY FIRM ACCEPTED ONTO UK GOVERNMENT CLOUD SERVICES INFRASTRUCTURE 

MANCHESTER 3RD JULY 2019

Manchester based cyber tech security company VST Enterprises Ltd (VSTE) has secured another major recognition of its ground breaking cyber technology services after being awarded a public sector procurement contract for the UK Government’s latest cloud based infrastructure G-CLOUD 11. 

The G Cloud framework is an agreement between the UK Government and private sector suppliers who provide technology cloud based hosting, software or support services. Public sector organisations can use and access this digital marketplace to buy services more quickly and cheaply than if they had to enter into individual procurement contracts with each supplier.

VSTE – which recently appointed veteran city banker and Chairman Of UK Finance Robert “Bob” Wigley as its new Chairman – is one of the fast rising stars of the tech world having developed ground breaking cyber DNA technology.  The unique “VCode®” and “VPlatform®” technology allows genuine users to authenticate themselves in a secure and encrypted way across online transactions and interactions. The company is paving the way in financial technology, counterfeiting, anti piracy, financial authentication and secure ID services.  

As a part of this acceptance protocol for G-CLOUD 11, it will mean that the basic terms of use have already been agreed between the Government and private sector suppliers in advance. This means that public sector buyers can purchase services directly from VSTE without the need to run a full Office Journal Of The European Union (OJEU) procurement process each time.  This will allow public sector organisations to not only get value for money for the tax payer but also access to the latest cutting edge technology services in a more efficient and streamlined service.

Having a presence on the G-CLOUD 11 network is the best possible way for innovative businesses like VSTE to provide public sector organisations with its outstanding cyber tech security services. VSTE counts some of the biggest global brands and blue chip companies in its client base who are currently using its technology in their financial, security and IT systems infrastructure, as well as business marketing, promotion, sales and supply chain logistics. 

VSTE is actively working with and providing services to the UK Government and a number of foreign Government organisations including those in law enforcement, military and defence providing technology services.

In 2014 the EU commission passed legislation stating that all items entering into the EU must prove their provenance. A report by the European Innovation Network (EIN) identified “VCode®” as the only standalone technology that could address the issue and accordingly VSTE was awarded the EU Seal Of Excellence for its solution.

One of the key remits of the G-CLOUD 11 framework is to encourage smaller British private sector firms to pitch for Government business. In doing so this gives public sector organisations access to the very best and innovative businesses providing cutting edge technology and services.

There are several elements to the “VCode®” and “VPlatform®” technology that are highly valuable to the public sector enterprises. The technology can be used to authenticate the identity of users, provide secure transaction data, increase the security and protection of personal information, sensitive data and confidential records.  The system also allows complete traceability, end to end transparency and encryption whilst at the same time helps authorities to tackle counterfeiting, piracy, financial and benefit fraud as well as improving tax and excise practices.

The procurement process for G-CLOUD 11 was led and executed by VSTE Director Nicole Davis who successfully secured the procurement tender. This is now the second year running that VSTE has been awarded this recognition.

Commenting on the announcement today VSTE Director Nicole Davis said; 

“VSTE are pleased to have been selected as one of the top cyber tech companies in the UK to be accepted onto the G-CLOUD 11 framework.  Britain is leading the way as innovators and creators of digital technology and cyber services. As the UK Government continues to make the procurement process more accessible between the public and private sector, it can only benefit to stimulating the economy and the growth of SME’s. At same time G-CLOUD 11 gives the public sector access to cutting edge technologies and expertise. Ultimately by having a more diverse and unique technology supply chain means better value of technology services for the Government.

ENDS 

For further information on VST Enterprises & Hon Louis James Davis 

Gerard Franklin Head Of PR & Media  

M: 07885 388398  e: gerard@vstenterprises.com 

VST Enterprises Ltd | Regency Court | 62-66 Deansgate | Manchester | M3 2E

VETERAN CITY BANKER ROBERT “BOB” WIGLEY APPOINTED CHAIRMAN OF UK CYBER SECURITY TECH COMPANY VST ENTERPRISES LTD

Robert “Bob” Wigley the former Merrill Lynch banker and Chairman of UK Finance has joined the board of leading cyber security tech company VST Enterprises Ltd (VSTE).

Wigley who will join the board as Chairman – effective today 17th June 2019 – will be responsible for overseeing the global growth and development of the Manchester based cyber security and consumer tech company. His role as Chairman will be to work closely alongside VSTE CEO and founder Louis-James Davis and will focus on developing the VSTE business with large corporates, Government organisations and the public sector. 

Wigley – a twenty-five year veteran of the banking industry –  is one of the city’s most influential and highly respected figures. Chairman of UK Finance (which represents over 250 UK financial services businesses) he is also a committed investor into growth businesses. Robert is an Honorary Fellow of Cambridge University’s Judge Business School & visiting Fellow of Oxford University’s Said Business School and a dedicated philanthropist.

VSTE which was formed and conceived in 2012 by former professional musician and pop star Louis-James Davis has developed a unique ground breaking coding technology – “VCode®” and “VPlatform®” – which he believes is set to become the cyber equivalent of human DNA science. The company – which is headquartered in Manchester, England and operational in over 16 countries – is already being viewed by industry insiders as one of the most exciting tech start up companies in recent years. 

VCode® was awarded the EU Seal of Excellence for its anti-counterfeiting and end-to-end supply chain and traceability capabilities and has been commended by UK Prime Minister Theresa May. The technology provides a completely secure means of verification; information held within the VCode® can be set and tracked in real-time in the cloud-based tracking portal, VPlatform®. VSTE’s unique technology means it can be used in a wide range of business, financial and Government applications in every-day life. 

VCode® can be used to provide ultra secure financial transactions, virtual mobile wallet payments as well as providing secure identification services and authentication. The technology is also being widely used in combatting counterfeiting, piracy and the exploitation of conflict minerals. Its wider commercial applications include the use of its technology in supply chain logistics, retail, distribution, sales promotion and marketing platforms.  

Last year VSTE founder  Hon. Louis-James Davis was named as the new Science and Technology Ambassador to the Zimbabwean Government by President Emmerson Mnangagwa. The ambassadorship was granted at the World Economic Forum in Davos, Switzerland and followed by a formal ceremony in the capital of Zimbabwe attended by Ministers and Government officials. 

VSTE is providing technology to help with the economic recovery of Zimbabwe. VSTE will be implementing VCode® to tackle illegal mining, counterfeiting and issues with border control, as well as introducing identity cards and tax collection for informal businesses to provide life-changing benefits – such as new infrastructure, schools and a boost in the economy – for the entire population. 

VSTE counts some of the biggest global brands and blue chip companies in its client base who are currently using its technology in their financial, security and IT systems infrastructure, as well as business marketing, promotion, sales and supply chain logistics.  The company is actively working with the UK Government and a number of foreign Government organisations including those in law enforcement, military and defence providing technology services. 

Commenting on his new appointment as Chairman of VSTE Robert “Bob” Wigley said; 

“I am delighted to be taking up the role of Chairman of VST Enterprises and working closely with its founder Louis-James Davis, Nicole Davis and the team to develop and share our vision. VSTE is a shining example of British technology and innovation at its best. Britain excels in this sector and has been a global leader in cyber technology from the earliest days of the codebreakers. Alan Turing was one of the greatest British pioneers and innovators of computer science and technology. Today the UK has some of the brightest and gifted minds like Louis-James who can follow in his footsteps and take those early advancements and technologies forward as we progress in the digital world. I am thrilled to be playing a part in this exciting future for VSTE.”

An investor and committed philanthropist with a prolific city career, Wigley was the former Chairman of Merrill Lynch for EMEA – Europe, the Middle East and Africa. Wigley was also a non Executive Director of Royal Mail and Chairman of its audit committee for three years, he was also  a member of the Court of the Bank of England and of its risk policy and audit committees. Wigley was also a member of the International advisory board of British Airways and  is a regular adviser to UK and foreign Governments,  He is currently advising the UK Government on its public private partnerships through the Economic Crime Strategy Board. He recently supported the National Crime Agency’s launch of its Serious and Organised Crime Report alongside the NCA’s Director. Foreign governments and financial institutions he has advised include the Qatar Government and Finance Ministry on the Qatar Financial Centre whose audit committee he Chairs as well as the Sri Lankan Prime Minister in the creation of the Columbo Financial Centre. 

In 2017, Wigley advised Victoria Beckham on securing £30 million of equity to develop her fashion business as her acting Chairman.

Today he is committed to backing young entrepreneurs and growth businesses as an adviser, investor and incubator. A philanthropist and supporter of many charitable causes, Wigley is a lecturer and Visiting Fellow at both the acclaimed Oxford University Saïd Business school and an Honorary Fellow at Cambridge University’s Judge Business School. 

Commenting on the appointment VSTE Founder and CEO Louis-James Davis said; 

“We are excited and honoured to have Robert “Bob” Wigley as Chairman of VST Enterprises. Bob brings an incredible wealth of knowledge and many years of experience in the financial services and business sectors.  He is a highly respected entrepreneur, business adviser and veteran of the city. His vision to help support and grow incubator businesses is also vital to the UK’s economy.  Bob’s knowledge of the financial services sector and his work as a Government advisor is unrivalled and will be a valuable asset to the growth and development of VSTE. Most importantly he also shares a passion for developing growth businesses in the tech world.” 

ENDS 

For further information on VST Enterprises & Hon Louis James Davis 

Gerard Franklin Head Of PR & Media    e: gerard@vstenterprises.com 

VST Enterprises Ltd | Regency Court | 62-66 Deansgate | Manchester | M3 2E

FOUNDER OF CYBER SECURITY TECH COMPANY TAKES BACK CONTROL OF VSTE

The founder of Manchester based cyber security tech company VST ENTERPRISES LTD has taken back strategic control of the company he founded following a unanimous decision of the main shareholders board.

Hon Louis-James Davis who created and founded VSTE, has been re appointed  some 18 months later by the main shareholders board following the exit of former MD Paul Greaves. 

VSTE – which is headquartered in Manchester England and operational in over 16 countries – is already being viewed by industry insiders as one of the UK’s fastest rising cyber tech companies.

The company is expected to make a series of significant announcements on its expansion plans in the coming months including the appointment of a former investment banker and city high flyer as its new Chairman. The twenty-five year veteran of the banking industry is one of the city’s most influential and highly respected figures. 

VSTE – now back under the control of Louis-James Davis – has already signed a contract with an International Government service provider based in the United States Of America to provide identity systems to generate unique ID codes in Indonesia, the Philippines, Mexico and South Korea as part of the Sustainable Development Goals (SDG) initiatives laid down by the United Nations.

VSTE which has developed unique coding technology – “VCode®” and “VPlatform®” is being hailed as the cyber equivalent of DNA science. The company is at the forefront of developing groundbreaking technology for secure online transactions. The VCode® technology which is being used in the banking and financial sectors, allows genuine users to authenticate themselves across a variety of transactions and interactions. 

VCode® is used to provide ultra secure financial transactions, virtual mobile wallet payments as well as providing secure identification services and authentication. Its wider commercial applications include the use of its technology in supply chain logistics, retail, distribution, sales promotion and marketing platforms. The technology can also be used in combatting counterfeiting, piracy and the exploitation of conflict minerals.

VCode® was awarded the EU Seal of Excellence for its anti-counterfeiting and end-to-end supply chain and traceability capabilities and has been commended by UK Prime Minister Theresa May. The technology provides a completely secure means of verification, information held within the VCode® can be set and tracked in real-time in the cloud-based tracking portal, VPlatform®. VSTE’s unique technology means it can be used in a wide range of business, financial and Government applications in every day life. 

Last year VSTE founder  Hon. Louis-James Davis was named as the new Science & Technology Ambassador to the Zimbabwean Government by President Emmerson Mnangagwa. The ambassadorship was granted at the World Economic Forum in Davos, Switzerland.  He will be presented to the President Of Zimbabwe in an official ceremony later this year and which will be attended by Ministers and Government officials. 

VSTE is now actively providing technology in country to help with the economic recovery of Zimbabwe. The company will be implementing VCode® to tackle illegal mining, counterfeiting and issues with border control, as well as introducing identity cards and tax collection for informal businesses to provide life-changing benefits – such as new infrastructure, schools and a boost in the economy – for the entire population. 

VSTE counts some of the biggest global brands and blue chip companies in its client base to provide its VSTE technology in their financial, business marketing, sales and supply chain. The company is also working with a number of domestic and overseas Government organisations including those in law enforcement, military and defence. 

ENDS 

For further information on VST Enterprises & Hon Louis James Davis 

Gerard Franklin Head Of PR & Media  

e: gerard@vstenterprises.com 

VST Enterprises Ltd | Regency Court | 62-66 Deansgate | Manchester | M3 2E