Kape Technologies PLC Kape expands service offerings across key brands

TIDMKAPE

Kape Technologies PLC

12 May 2022

12 May 2022

Kape Technologies plc

("Kape," the "Company," or the "Group")

Kape expands service offerings across key brands

ExpressVP N reinforces market-leading position with multiple product launch

Kape Technologies plc (AIM: KAPE), the digital security and privacy software business, announces that a number of the Company's privacy brands have expanded their platform capabilities and offerings, introducing several new features.

The launch of a number of highly innovative new products, in addition to enhanced features on existing solutions, is closely aligned with significant demand across the digital privacy sector. With the cybersecurity sector delivering its strongest quarter on quarter growth to-date, Kape continues to be firmly focused on delivering best-in-class privacy and security solutions that safeguard consumers' digital lives.

With the VPN service already at the top of most reviewer lists, ExpressVPN has introduced several new features, including:

-- Threat Manager : a new privacy feature that protects against nosy apps, trackers, and malware and is available free for ExpressVPN users on iOS, Mac, and Linux, enabling users to shield user traffic from third-party listeners (including ISPs) whilst also blocking user traffic to malicious third parties (including trackers and scammers).

-- Parallel Connections : optimises the VPN's connection time, with the feature designed to provide the speediest re-connection when moving between different networks. Kape is constantly striving for faster connection to ensure we cater for our growing always-on customer base who use ExpressVPN as their gateway to the web.

-- Keys : a password manager for applications. Currently in public beta, Keys will be trialled by 6,000 beta testers in the coming months, and aims to solve the challenges people have when they forget passwords, alongside addressing the current lack of user-friendly password managers that are available on the market.

-- Additionally, we continue to develop meticulous cybersecurity controls to keep our systems and users protected from attacks and intrusions. ExpressVPN has upped its bug bounty program me , offering $100,000 as a one-time bounty via Bugcrowd for anyone who identifies a vulnerability on its VPN server.

In addition, CyberGhost achieved Google Play Protect certification. Introduced by Google to ensure the safety of Android users, CyberGhost achieved this certification by undertaking rigorous security testing before its latest app could appear in Google Play.

Ido Erlichman, Chief Executive Officer of Kape, commented:

"At a time when both governments and businesses around the world are exercising more control over the digital rights of consumers, Kape's ability to provide independent digital privacy solutions has never been more relevant.

"In recognition of the growing desire for constant and dependable online privacy and security, our suite of privacy brands, including ExpressVPN, CyberGhost, and Private Internet Access, continuously work to provide innovative privacy products, protecting consumers and their personal data as they go about their daily digital lives."

Enquiries:

 
 Kape Technologies plc                           via Vigo Consulting 
  Ido Erlichman, Chief Executive Officer 
  Oded Baskind, Chief Financial Officer 
 Shore Capital (Nominated Adviser & 
  Broker) 
  Toby Gibbs / Mark Percy / James Thomas         [phone] 
  / Michael McGloin (Corporate Advisory)          4090 
 Stifel Nicolaus Europe Limited (Joint 
  Broker) 
  Alex Price / Brad Topchik / Alain Dobkin       [phone] 
  / Richard Short                                 7600 
 Vigo Consulting (Financial Public Relations) 
  Jeremy Garcia / Kendall Hill                   [phone] 
  [e-mail]                         0237 
 

About Kape

Kape is a leading 'privacy-first' digital security software provider to consumers. Through its range of privacy and security products, Kape focusses on protecting consumers and their personal data as they go about their daily digital lives.

Kape has over 6.5 million paying subscribers, supported by a team of over 850 people across ten locations worldwide. Kape has a proven track record of revenue and EBITDA growth, underpinned by a strong business model which leverages our digital marketing expertise.

Through its subscription-based platform, Kape has fast established a highly scalable SaaS-based operating model, geared towards capitalising on the vast global consumer digital privacy market.

www.kape.com

   Twitter          LinkedIn 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAKFLFFLELEBBK

(END) Dow Jones Newswires

May 12, 2022 02:02 ET (06:02 GMT)