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Sekur Private Data (SWISF) Stock News, Nov 2020-Mar 2021

SWISF OTC

Sekur Private Data Ltd. reports developments in Swiss-hosted cybersecurity and private communications for consumers, businesses, government, defense and enterprise customers. Its updates center on encrypted email, secure messaging, VPN and secure communications tools, including product work around SekurVoice and Controlled Unclassified Information-focused encrypted voice capabilities.

Recurring news also covers government procurement channels, defense and intelligence market expansion, strategic advisory and technology leadership appointments, distributor relationships in international markets, and capital actions such as private placements used for sales, business development and working capital.

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GlobeX Data Ltd. (OTCQB:SWISF) is experiencing increased inquiries for its Sekur platform following the recent Microsoft Exchange cyberattack, allegedly by a Chinese-backed group, affecting over 60,000 businesses globally. The company emphasizes that Sekur is not linked to Big Tech, employing military-grade encryption and Swiss data storage for enhanced privacy. GlobeX plans to launch SekurMessenger in partnership with América Móvil and is targeting a broader market release in Q2 2021. This strategy aims to attract businesses seeking secure communication solutions amid rising cyber threats.

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GlobeX Data Ltd. (OTCQB:SWISF) is set to launch its multi-currency Sekur platform globally in April 2021, as announced by CEO Alain Ghiai. The platform will support various currencies including USD, CAD, and EUR, with plans for a Japanese launch later in 2021. GlobeX's data privacy solutions are hosted in Switzerland, ensuring high levels of data protection as per Swiss laws. The company caters to consumers, businesses, and governments worldwide, providing secure communications and data management solutions.

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GlobeX Data Ltd. (OTCQB:SWISF) is set to launch a multi-currency platform for its Sekur secure communications solution, aimed at global markets in April 2021. The platform will cater to privacy enthusiasts and businesses, providing various plans in multiple currencies including USD, CAD, and EUR. Upcoming features of Sekur include secure messaging, email, and video conferencing options. The company is undertaking targeted digital marketing to optimize its outreach. With recent messaging app breaches raising security concerns, GlobeX is well-positioned to attract users seeking privacy-focused solutions.

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GlobeX Data Ltd. (OTCQB:SWISF) has announced it is nearing a distribution agreement with a major South Asian telecom operator, which serves over 150 million subscribers. This contract aims to promote GlobeX's Sekur solutions, including encrypted email and messaging services. Completion of the agreement is expected within the next two to four weeks. The company already partners with América Móvil and aims to generate revenue from this deal in Q2 or Q3 of 2021, expanding its reach in emerging markets significantly.

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GlobeX Data Ltd. (OTCQB:SWISF) has announced the expansion of its Sekur platform for secure communications into Australia, following a rise in cyberattacks in the region. CEO Alain Ghiai highlighted Australia's substantial market potential due to recent security breaches affecting multiple sectors. The company’s offerings are fully hosted in Switzerland, ensuring high data privacy standards under Swiss law, which prohibits unauthorized data processing. GlobeX aims to enhance its global footprint by targeting vulnerable markets.

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GlobeX Data Ltd. (OTCQB:SWISF) has signed its first distribution agreement for its Sekur secure communications solution in Australia, aiming to expand in Australia and New Zealand. This referral agreement with an IT Managed Service Provider marks the start of sales in the Sydney area. The company plans to target key industries, including finance, to meet escalating security demands due to recent cyber-attacks. CEO Alain Ghiai expressed optimism about the company's growth potential and its unique position as an independent provider of secure communications.

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GlobeX Data Ltd. (OTCQB:SWISF) is set to launch its Sekur secure communications solution in the US market by the end of March 2021, targeting privacy-conscious consumers and businesses. With an initial marketing budget of USD 250,000, the company plans to conduct small digital marketing tests prior to a broader campaign. Sekur's features include SekurMessenger and SekurMail, which utilize Swiss-hosted encrypted servers to enhance user privacy. Recent data breaches in other messaging apps have increased demand for Sekur's secure solutions.

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GlobeX Data Ltd. (OTCQB:SWISF) announced the launch of a new feature for its SekurMail solution that allows users to migrate email accounts from other providers to GlobeX's Swiss hosted platform. This innovation aims to simplify the transition for consumers and businesses, eliminating barriers and manual setup fees.

The feature is set to enhance demand for GlobeX's Sekur and SekurSafe services in the coming year. The company's secure communications suite offers data protection in compliance with Swiss privacy laws.

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GlobeX Data Ltd. (OTCQB:SWISF) has announced the successful technical integration of its SekurMessenger secure messaging application with América Móvil's Telcel in Mexico, following a previous announcement in October 2020. The integration is expected to enable sales in Q1 2021, with SekurMessenger priced at 99 MXN/user/month. This strategic move targets business users and privacy-conscious consumers, leveraging Telcel's substantial market presence with over 75 million subscribers. GlobeX aims to provide a secure alternative amidst growing concerns over data privacy breaches.

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GlobeX Data Ltd. (OTCQB:SWISF) announced a distribution agreement with SYNNEX Canada, enabling the Sekur secure communications solution to reach over 11,000 resellers across Canada. The partnership aims to combat rising cyber threats in the country, with sales expected to start in January 2021. GlobeX estimates between 550 and 1,650 resellers will sell the Sekur solution, generating projected recurring gross sales of CA$ 4,320,000 (US$ 3,297,000) in the first year, and increasing to CA$ 21,600,000 (US$ 16,488,000) by year three.

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FAQ

What is the current stock price of Sekur Private Data (SWISF)?

Sekur Private Data (SWISF) last closed at $0.0200.

What is the market cap of Sekur Private Data (SWISF)?

The market cap of Sekur Private Data (SWISF) is approximately $5.2M.