Hong Kong Applied Science and Technology Research Institute (ASTRI) and Advanced Security Technology and Research Laboratory Company Limited (AdvSTAR) held a licensing agreement signing ceremony today (19 August) to license ASTRI’s SecShare Software System to AdvSTAR.

The licensing agreement was signed by ASTRI’s CEO Dr. Frank Tong and AdvSTAR’s Chairman Mr. Cliff Zhang under the witness of ASTRI’s Chief Administrative Officer Ms. Elaine Wong, Senior Advisor of AdvSTAR Dr. Lui Sun-wing and Chief Commercial Officer of Hong Kong Science and Technology Parks Corporation Mr. Andrew Young.

Developed by ASTRI as an Innovation and Technology Fund Project, the SecShare Software System is an automated web-based software system which is able to collect, consolidate and categorize cyber security intelligence. In his remarks, Dr. Frank Tong said, “By signing the licensing agreement today with AdvSTAR, we believe that ASTRI’s cyber security technologies can be further promoted and applied to the industries, thereby enhancing their effectiveness in their fight against cyber attacks.”

Mr. Cliff Zhang said in his remarks, “To stay ahead of cyber attack and defend ourselves, the only way is for all the industries to work together, sharing useful and updated information. ASTRI’s SecShare Software System is a proven technology that allows cyber threat information to be exchanged in a secured manner.”

Dr. Frank Tong, ASTRI’s CEO (front left) and Mr. Cliff Zhang, AdvSTAR’s Chairman (front right) today sign an agreement to license ASTRI’s SecShare Software System to AdvSTAR. At the back are witnesses of the ceremony (from the left): ASTRI’s Chief Administrative Officer Ms. Elaine Wong, Hong Kong Science and Technology Parks Corporation’s Chief Commercial Officer Mr. Andrew Young and AdvSTAR’s Senior Advisor Dr. Lui Sun-wing.