Covata Limited (ASX:CVT) has been granted an ASX trading halt in relation to a material transaction granting a global licence to a major industry participant and the conversion of performance shares.
The halt will last until the earlier of the announcement being made or the start of trade on Friday, 27th March 2015.
Covata has a new, patented approach to IT security.
Its method protects data wherever and whenever it travels. It encrypts and protects the data itself, rather than trying to protect the system that contains the data.
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