archTIS Ltd's (ASX:AR9) substantial shareholder SG Hiscock & Company (SGH) has demonstrated confidence in the company's online security strategy by increasing its stake in the company to 8.95% from 7.37%.
On April 11 the investor acquired a further 772,104 archTIS shares for a total consideration in excess of $93,800.
SG Hiscock & Company now holds more than 11.047 million shares.
archTIS has this week commercially launched the Kojensi Gov information sharing platform which holds classified information up to the protected level and was inspired by the 9/11 attacks.
Kojensi Gov allows for communication and collaboration between select personnel in an agency or across agencies and system users can be granted differential access to different versions of a document in line with their respective security clearances.
archTIS managing director Daniel Lai said that the company was on a clear pathway to scalable commercialisation across multiple industry sectors.
He said: “We have been working tirelessly to deliver a secure content collaboration platform government – it solves a real problem in the market place where government and industry need to share information to deliver services and build capability.”