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KAPE Kape Technologies Plc

285.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kape Technologies Plc LSE:KAPE London Ordinary Share IM00BQ8NYV14 ORD USD0.0001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 285.00 279.00 285.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Kape Technologies PLC Product Launch - ExpressVPN Secure Router

23/09/2022 7:01am

RNS Non-Regulatory


TIDMKAPE

Kape Technologies PLC

23 September 2022

23 September 2022

Kape Technologies plc

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

Product Launch - ExpressVPN Secure Router

   --     ExpressVPN launches Aircove, a Wi-Fi 6 router with built-in VPN protection 

-- Built and designed by ExpressVPN - Aircove provides VPN protection for the entire home straight out of the box

Kape (AIM: KAPE), the digital security and privacy software business, is pleased to announce that its wholly owned brand ExpressVPN has launched its first hardware product, Aircove, a Wi-Fi 6 router with built-in VPN protection.

Aircove is the first and only Wi-Fi 6 router that comes with built-in VPN protection by default and a user interface tailored for those seeking to safeguard their families with a VPN. Aircove was built and designed by the same security experts who delivered ExpressVPN's award-winning VPN software. With Aircove, users can enjoy holistic home security easily, with VPN protection straight out of the box.

According to a recent study, 98% of all IoT device traffic is unencrypted, potentially allowing attackers to easily extract personal and confidential data. With its easy setup, Aircove lets users protect and encrypt every device in their home within minutes. This includes smart TVs, voice assistants, and other IoT devices that aren't usually compatible with VPN software.

The launch of Aircove further consolidates ExpressVPN's position as a leading brand in the digital privacy space providing premium products to over 3 million global customers, whilst complementing its multiple highly innovative new software products introduced in May 2022. Aircove enables ExpressVPN to deliver faster app updates, more reliable connections, and faster new feature rollouts by providing greater control over software-hardware compatibility and optimisation.

Aircove allows multiple users and/or devices to use the VPN for different purposes without compromising the activity of one another.

Dan Pomerantz, General Manager Digital Privacy, commented:

"We are delighted to be announcing the launch of the first of its kind, secure router for ExpressVPN, further highlighting our commitment to product innovation and customer security.

Aircove was designed with user privacy and security as a top priority. With an average Wi-Fi home network delivering connectivity to more than 25 devices and almost all IoT device traffic being unencrypted, this is a major challenge. Aircove will provide our customers with secure, flexible VPN-protected internet connections across every room, on every device, for every household member. We are redefining what it means to protect your home."

ExpressVPN Aircove is available for sale in the USA from today, at a special launch price of US$169 (usual price: US$189).

Enquiries:

 
 Kape Technologies plc                            via Vigo Consulting 
  Ido Erlichman, Chief Executive Officer 
  Oded Baskind, Chief Financial Officer 
 Shore Capital (Nominated Adviser & Joint 
  Broker) 
  Toby Gibbs / Mark Percy / James Thomas /        +44 (0)20 7408 
  Iain Sexton                                      4090 
 Stifel Nicolaus Europe Limited (Joint Broker) 
  Alex Price / Brad Topchik / Alain Dobkin        +44 (0) 20 7710 
  / Richard Short                                  7600 
 Vigo Consulting (Financial Public Relations) 
  Jeremy Garcia / Kendall Hill                    +44 (0)20 7390 
  kape@vigoconsulting.com                          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 c.7 million paying subscribers, supported by a team of over 1,000 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

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END

NRAEASNAAFFAEFA

(END) Dow Jones Newswires

September 23, 2022 02:01 ET (06:01 GMT)

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