Welcome to our dedicated page for Sekur Private news (Ticker: SWISF), a resource for investors and traders seeking the latest updates and insights on Sekur Private stock.
Sekur Private Data Ltd. (OTCQB: SWISF) is described as a Swiss-hosted cybersecurity and private communications platform focused on secure email, messaging, VPN and related tools for governments, businesses and individuals. The news and press releases associated with Sekur highlight product developments, distribution agreements, capital raising activities and business development initiatives across multiple regions.
Company news has detailed the launch and evolution of Sekur’s core offerings, including SekurMail encrypted email with SekurSend and SekurReply features, SekurMessenger secure chat with Chat-by-Invite, SekurVPN for privacy-focused browsing, SekurRelay as an enterprise email add-on and, in government-focused communications, SekurVoice for encrypted voice and video. Updates also discuss bundled business, corporate, premium and small business plans built around these services.
Recent announcements have covered non-brokered private placements intended to fund sales, business development and working capital, as well as marketing and distribution partnerships. Examples include a distribution agreement to promote Sekur’s Swiss-hosted privacy communications solutions in Portugal, the Republic of Ireland and Spain, and marketing engagements aimed at expanding corporate and business subscriptions in the United States.
Sekur’s news flow also describes efforts to build a presence in Africa, particularly in Angola and the Democratic Republic of Congo, through participation in regional digital innovation events and responses to requests for proposals for Sekur SMB bundle licenses. In addition, the company has reported on the creation of a Sekur National Security Team in partnership with Quaestor Federal Consulting to introduce its secure communications capabilities into the United States national security environment.
Investors and observers reviewing Sekur-related news can follow updates on product features, geographic expansion, government and corporate sales initiatives and capital markets activities, as the company positions its Swiss-hosted platform as a response to Business Email Compromise attacks and other cyber risks.
Sekur Private Data Ltd. (OTCQX:SWISF) has announced a budget for fiscal year 2023 amounting to CA$3,200,000 (US$2,360,000), a reduction of approximately 50% from 2022. The company anticipates gross sales between CA$800,000 and CA$900,000 (US$590,000 to US$670,000), a 70% increase from the estimated CA$475,000 (US$350,000) for 2022. Sekur reported cash reserves of CA$4,050,000 (US$3,000,000) with no debt, negating the need for external funding. CEO Alain Ghiai highlighted the growth in B2B relationships in Latin America and the USA as a key driver for anticipated sales increases.
Sekur Private Data Ltd. has announced the cancellation of 16,540,000 stock options held by management and insiders. This action was formalized through a Notice of Cancellation filed with the CSE on December 13, 2022. The company specializes in cybersecurity and offers solutions for secure communications and data management using Swiss-hosted technology. Their offerings include encrypted emails, secure messengers, and secure cloud storage for consumers, businesses, and governments worldwide.
Sekur Private Data Ltd. (OTCQX:SWISF) has entered a Reseller Agreement with Nobleus, an e-commerce platform, to distribute secure communications services in the U.S. The partnership aims to enhance Nobleus' market presence with Sekur's Swiss-hosted privacy technology. Nobleus will integrate Sekur's billing system and is onboarding over 2,500 e-store owners to resell Sekur solutions. Sekur emphasizes its commitment to data privacy, offering services hosted in Switzerland. This collaboration seeks to expand consumer access to secure communications.
Sekur Private Data Ltd. (OTCQX:SWISF) has issued a clarification regarding a prior news release from December 8, 2022, which was requested by the Investment Industry Regulatory Organization of Canada. The announcement reveals that the independent research report from FRC Research Corp. is a paid report, costing CA$24,000, which covers a full year of research and distribution.
Sekur is a provider of cybersecurity and internet privacy solutions, offering a suite of secure communication tools and cloud services to various sectors globally.
Sekur Private Data Ltd. (SWISF) announced an updated analyst report from Fundamental Research Corp., valuing the company at CA$0.83 (US$0.61) per share with a BUY rating. The report notes a conservative approach to subscriber forecasts due to a shift towards lower marketing expenditure and enhanced return on investment. CEO Alain Ghiai expressed confidence in the company’s liquidity and upcoming solutions in 2023, asserting strong market momentum despite challenging public conditions.
Sekur Private Data Ltd. (OTCQX:SWISF) announced a multi-platform advertising contract with Salem Media Group beginning November 1, 2022. The contract includes a comprehensive advertising plan for 2023 featuring Sekur commercials, educational segments on privacy, and sponsorships of popular podcasts, like those by Charlie Kirk and Dinesh D'Souza. The plan aims to increase direct-to-consumer sales by at least 100%. Despite a reduction in the advertising budget by CAD 3 million, the company anticipates significant growth in subscriber trends. The campaign is vital for promoting Sekur's secure communication solutions.
Sekur Private Data Ltd. (OTCQX:SWISF) reported a remarkable 160% increase in sales for Q3 2022 compared to Q3 2021, showcasing robust post-pandemic momentum. The active recurring paid user count surged 230% during the same period. Sekur is enhancing its subscription growth by marketing to SMBs in the USA and launching new solutions. Currently, over 5,000 active paid users utilize Sekur's secure communications services. CEO Alain Ghiai expressed confidence in sustaining growth despite economic challenges, emphasizing Sekur's unique, privacy-focused offerings.
Sekur Private Data Ltd. (OTCQX: SWISF) has exceeded its paid users' target for 2022, showcasing strong sales momentum amid recessionary concerns. The company plans to enhance its offerings with solutions like SekurShare and SekurVPN, targeting SMBs and enterprises. CEO Alain Ghiai highlights the growing demand for privacy and security in communications. The innovative SekurMessenger allows secure chatting without requiring phone numbers, thus mitigating privacy risks. With services hosted in Switzerland, Sekur ensures stringent data protection under Swiss law.
Sekur Private Data Ltd. (OTCQX:SWISF) is launching an enterprise version of SekurMessenger in October 2022, targeting businesses and government organizations. This version includes new features like SekurArchive, enabling message archiving to meet regulatory requirements, and mass onboarding for rapid user registration. The company aims to provide a secure alternative for industries facing data privacy concerns, like finance and healthcare. Sekur’s services are based in Switzerland, ensuring high privacy standards.
Sekur Private Data Ltd. announced the expansion of its Chat-By-Invite feature to 61 countries, now accessible to a total population of 3.4 billion. This allows SekurMessenger users to invite non-users for secure chats without requiring registration or app downloads. The feature, available on iOS, Android, and web platforms, enhances privacy and security by eliminating the need for phone numbers. CEO Alain Ghiai highlighted the importance of this milestone in offering secure communications globally, targeting various sectors including legal and finance. Sekur's privacy solutions are hosted in Switzerland, ensuring stringent data protection.
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