GlobeX Data CEO, Alain Ghiai, Interviewed on Proactive About Increased Sales in South Asia

Rhea-AI Summary

GlobeX Data Ltd. (OTCQB:SWISF) has reported a significant increase in sales of its SekurSafe licenses in South Asia, with contracts growing from an initial 200 licenses to over 1,000. This surge in demand is attributed to the efforts of their distributor, Citadel Technology Solutions, in Pakistan. CEO Alain Ghiai highlighted the company’s commitment to secure data management hosted in Switzerland, emphasizing the robust privacy laws that protect user data. The interview conducted by Steve Darling on Proactive also touched on recent financing and future sales prospects.

Positive

• Sales of SekurSafe licenses increased from 200 to over 1,000 in South Asia.
• Successful partnership with Citadel Technology Solutions in Pakistan.
• Strong commitment to data privacy backed by Swiss laws.
• CEO Alain Ghiai's media visibility boosts company profile.

Negative

• None.

TORONTO, ON / ACCESSWIRE / October 29 2020 / GlobeX Data Ltd. (OTCQB:SWISF)(CSE:SWIS) ("GlobeX" or the "Company"), the leader in Swiss hosted secure data management and secure communications, is pleased to report that its CEO, Alain Ghiai, was featured in an interview conducted by Steve Darling on Proactive. The interview discussed the increase in sales of SekurSafe in South Asia, the latest financing the Company closed and the perspective of more sales in the South Asian nations of Pakistan, India and Sri Lanka.

GlobeX Data CEO, Alain Ghiai, joined Steve Darling from Proactive with news the company had reported a large increase in the sale of licenses for SekurSafe in South Asia.

The sales coming from their distributor in Pakistan, Citadel Technology Solutions. Ghiai telling Proactive the initial deal was for 200 licenses and they have now contracted for over 1,000 licenses so far.

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The Interview article and video can be viewed by click this link: GlobeX Data CEO Interview
Or viewed directly on youtube here: Video link interview

GlobeX's Data privacy solutions are all hosted in Switzerland, protecting users' data from any outside data intrusion requests. In Switzerland, the right to privacy is guaranteed in article 13 of the Swiss Federal Constitution. The Federal Act on Data Protection ("FADP") of 19 June 1992 (in force since 1993) has set up a strict protection of privacy by prohibiting virtually any processing of personal data which is not expressly authorized by the data subjects. The protection is subject to the authority of the Federal Data Protection and Information Commissioner.

Under Swiss federal law, it is a crime to publish information based on leaked "secret official discussions." In 2010 the Federal Supreme Court of Switzerland found that IP addresses are personal information and that under Swiss privacy laws they may not be used to track Internet usage without the knowledge of the individuals involved.

About GlobeX Data Ltd.

GlobeX Data Ltd. is a Cybersecurity and Internet privacy provider of Swiss hosted solutions for secure data management and secure communications. The Company distributes a suite of secure cloud-based storage, disaster recovery, document management, encrypted e-mails, and secure communication tools. GlobeX Data Ltd. sells its products through its approved wholesalers and distributors, and telecommunications companies worldwide. GlobeX Data Ltd. serves consumers, businesses and governments worldwide.

On behalf of Management

GLOBEX DATA LTD.
Alain Ghiai
President and Chief Executive Officer
+1.416.644.8690
corporate@globexdatagroup.com

For more information please contact GlobeX Data at corporate@globexdatagroup.com or visit us at https://globexdatagroup.com.

For more information on Sekur visit us at: https://www.sekur.com .
For more information on SekurSafe visit us at: https://www.sekursafe.com .

Forward Looking Information

This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws ("forward-looking statements"). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "project" and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions "may" or "will" occur. These statements are only predictions. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guaranteeing future performance. GlobeX cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond GlobeX's control. Such factors include, among other things: risks and uncertainties relating to the future of the Company's business; the success of marketing and sales efforts of the Company; the projections prepared in house and projections delivered by channel partners; the Company's ability to complete the necessary software updates; increases in sales as a result of investments software development technology; consumer interest in the Products; future sales plans and strategies; reliance on large channel partners and expectations of renewals to ongoing agreements with these partners; anticipated events and trends; the economy and other future conditions; and other risks and uncertainties, including those described in GlobeX's prospectus dated May 8, 2019 filed with the Canadian Securities Administrators and available on www.sedar.com. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, GlobeX undertakes no obligation to publicly update or revise forward-looking information.

SOURCE: GlobeX Data Ltd.

View source version on accesswire.com:
https://www.accesswire.com/613067/GlobeX-Data-CEO-Alain-Ghiai-Interviewed-on-Proactive-About-Increased-Sales-in-South-Asia

FAQ

What recent sales figures were reported by GlobeX Data (SWISF) in South Asia?

GlobeX Data reported an increase in SekurSafe sales from 200 to over 1,000 licenses in South Asia.

Who is the distributor responsible for the sales increase in South Asia for SWISF?

The distributor responsible for the sales increase is Citadel Technology Solutions in Pakistan.

What is the significance of Swiss privacy laws for GlobeX Data (SWISF)?

Swiss privacy laws provide robust protection for user data, enhancing GlobeX Data's credibility in secure data management.

Who conducted the interview with GlobeX Data's CEO regarding sales performance?

The interview with CEO Alain Ghiai was conducted by Steve Darling on Proactive.

What financing developments were mentioned in the GlobeX Data (SWISF) press release?

The press release mentioned recent financing that could support further sales growth in South Asia.