Safe-T Group Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communication Program
Safe-T Group Ltd. (NASDAQ: SFET) has engaged MZ Group to enhance its investor relations strategy and bolster financial communications. This initiative aims to boost visibility within the investment community, emphasizing Safe-T's Zero Trust solutions for secure access in hybrid cloud environments. The company has reported a 65% revenue increase in the first nine months of 2020 compared to 2019 and aims to continue revenue growth moving into 2021. Safe-T's ZoneZero solutions have gained traction among global partners, reinforcing its position in the cybersecurity market.
- 65% revenue increase in the first nine months of 2020 over 2019.
- Engagement with MZ Group to enhance investor relations and visibility.
- Strong demand for ZoneZero solutions from global partners.
- None.
HERZLIYA, Israel, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Safe-T® Group Ltd. (NASDAQ, TASE: SFET), a provider of Secure Access solutions for on-premise and hybrid cloud environments, has engaged investor relations specialists MZ Group (MZ) to lead a comprehensive strategic investor relations and financial communications program across all key markets.
MZ Group will work closely with Safe-T management to develop and execute a complete capital markets strategy designed to increase the company’s visibility throughout the investment community. The campaign will highlight how Safe-T is empowering organizations to easily and dynamically allow the secure access of users for on-premise and hybrid cloud environments to private apps, business-critical services and networks with maximum business continuity and minimal risk.
Gary Guyton, Managing Director at MZ North America, will advise Safe-T in all facets of corporate and financial communications, including the coordination of roadshows and investment conferences across key cities and building brand awareness with financial and social media outlets.
Greg Falesnik, Chief Executive Officer of MZ North America, commented: “Today, secure application, file and internet access for employees and users, has become a critical requirement for enterprises. Growth of the global software defined perimeter (SDP) industry has been driven by the rising need for policy-based security architecture to reduce network complexities and the increasing demand for cloud-based applications. This trend was enlarged by the massive realignment brought about this year as companies responded to the coronavirus pandemic by enabling or transitioning entirely to remote work-from-home, a development that emphasized the need for secure remote access. Safe-T has positioned the company as the most comprehensive solution supplier for organizations worldwide. We look forward to sharing their story with our wide network of institutional investors and family offices.”
Gary Guyton added: “Safe-T has seen industry-wide adoption from dozens of global partners for its unique ZoneZero™ solutions by companies seeking to implement Zero Trust security, which maintains strict external access controls which do not trust any user by default. ZoneZero is the only Zero Trust Network Access (ZTNA) solution in the market which unifies all access scenarios for internal and external users. Safe-T has re-designed its ZTNA solution to create the first ever Perimeter Access Orchestration Fabric (PAOF), incorporating the following modules: Safe-T ZoneZero SDP - a client-less ZTNA module for non-VPN users; Safe-T ZoneZero VPN - first ever ZTNA for existing VPNs; and Safe-T ZoneZero MFA - first ever client-less ZTNA for internal users. Taken together, Safe-T offers true secure and transparent access for all entities to internal applications and data. Supporting all access use cases faced by organizations in one platform has been virtually impossible until recently, but is now a reality with Safe-T and the ZoneZero.”
“2020 has been a transitional year for the Company as we made steadfast progress on our goals and business strategy,” said Shachar Daniel, CEO of Safe-T Group. “We are leveraging our legacy SDE product line and the fast growth in our IP proxy business to focus on the long-term growth of our innovative cybersecurity product line, ZoneZero. To this end, we’ve accelerated market awareness and deployed ZoneZero with global partners, including multiple Asian channels ready to market it to their own customers. This progress was done concurrent with our
For more information on Safe-T, please visit the Company’s investor relations website at www.safe-t.com. To schedule a conference call with management, please email your request to SFET@mzgroup.us or call Gary Guyton at 469-778-7844.
About MZ Group
MZ North America is the US division of MZ Group, a global leader in investor relations and corporate communications. MZ North America was founded in 1996 and provides full scale Investor Relations to both private and public companies across all industries. Supported by our exclusive one‐stop‐shop approach, MZ works with top management to support the clients' business strategy in six integrated product and service categories: 1) IR Consulting & Outreach – full service investor relations and roadshow services; 2) ESG Consulting – reporting technology platform and audit and reporting guidance; 3) SPAC Advisory – providing critical and timely guidance through business combination; 4) Financial & Social Media – lead generation and social media relations; 5) Market Intelligence – real time ownership monitoring; 6) Technology Solutions – webhosting, webcasting, distribution services, conference calls, CRM, and board portals. MZ North America has a global footprint with offices located in New York, Chicago, San Diego, Aliso Viejo, Austin, Minneapolis, Taipei and São Paulo. For more information, please visit www.mzgroup.us.
About Safe-T®
Safe-T Group Ltd. (Nasdaq, TASE: SFET) is a provider of Zero Trust Access solutions which mitigate attacks on enterprises' business-critical services and sensitive data, while ensuring uninterrupted business continuity.
Safe-T’s cloud and on-premises solutions ensure that an organization’s access use cases, whether into the organization or from the organization out to the internet, are secured according to the “validate first, access later” philosophy of Zero Trust. This means that no one is trusted by default from inside or outside the network, and verification is required from everyone trying to gain access to resources on the network or in the cloud.
Safe-T’s wide range of access solutions reduce organizations’ attack surface and improve their ability to defend against modern cyberthreats. As an additional layer of security, our integrated business-grade global proxy solution cloud service enables smooth and efficient traffic flow, interruption-free service, unlimited concurrent connections, instant scaling and simple integration with our services.
With Safe-T's patented reverse-access technology and proprietary routing technology, organizations of all size and type can secure their data, services and networks against internal and external threats.
At Safe-T, we empower enterprises to safely migrate to the cloud and enable digital transformation.
Safe-T’s solutions on AWS Marketplace is available here
For more information about Safe-T, visit www.safe-t.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Safe-T is using forward-looking statements in this press release when it discusses the advantages and growth of its solutions, trends in the SDP market, the potential of the relationship with MZ, expectations to continue ramping revenues and margins and develop additional capabilities for customers, future communications with the investment community, and building long-term value for shareholders. Because such statements deal with future events and are based on Safe-T’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Safe-T could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Safe-T’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 31, 2020, and in any subsequent filings with the SEC. Except as otherwise required by law, Safe-T undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.
SAFE-T CONTACT
Maya Meiri
M: +972(0)52 3259171
Maya.Meiri@safe-t.com
Investor Relations Contact
Gary Guyton
MZ Group - MZ North America
469-778-7844
SFET@mzgroup.us
www.mzgroup.us
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