Sekur Private Data Ltd. Fundamental Research Corp. Clarification News

Rhea-AI Summary

Sekur Private Data Ltd. (OTCQX:SWISF) has issued a clarification regarding a prior news release from December 8, 2022, which was requested by the Investment Industry Regulatory Organization of Canada. The announcement reveals that the independent research report from FRC Research Corp. is a paid report, costing CA$24,000, which covers a full year of research and distribution.

Sekur is a provider of cybersecurity and internet privacy solutions, offering a suite of secure communication tools and cloud services to various sectors globally.

Positive

• Sekur is recognized as a leader in Swiss hosted secure communications and secure data management.
• The clarification regarding the paid research report may enhance investor transparency and trust.

Negative

• The reliance on a paid research report could raise concerns about the objectivity of the findings and the company's marketing approach.

Sekur Private Data Ltd. PROVIDES CLARIFICATION ON A PRIOR NEWS RELEASE ISSUED December 8, 2022 -this news release is at the request of Investment Industry Regulatory Organization of Canada.

TORONTO, ON and NEW YORK, NY / ACCESSWIRE / December 9, 2022 / Sekur Private Data Ltd. (OTCQX:SWISF)(CSE:SKUR)(FRA:GDT0) ("Sekur" or the "Company"), the leader in Swiss hosted secure communications and secure data management, would like to announce that the independent research report from FRC Research Corp. Announced and released on December 8 2022, Is a paid research report at an annual rate of CA$24,000, which includes an entire year of coverage and distribution.

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

On behalf of Management
SEKUR PRIVATE DATA LTD.
Alain Ghiai
President and Chief Executive Officer
+1.416.644.8690
corporate@sekurprivatedata.com

For more information, please contact Sekur Private Data at corporate@sekurprivatedata.com or visit us at https://www.sekurprivatedata.com
For more information on Sekur visit us at: https://www.sekur.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. Sekur 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 Sekur'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 Sekur'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, Sekur undertakes no obligation to publicly update or revise forward-looking information.

SOURCE: Sekur Private Data Ltd.

View source version on accesswire.com:
https://www.accesswire.com/731148/Sekur-Private-Data-Ltd-Fundamental-Research-Corp-Clarification-News

FAQ

What is the purpose of Sekur Private Data's clarification on the December 8, 2022 news release?

The clarification was made to inform stakeholders that the independent research report from FRC Research Corp. is a paid report costing CA$24,000.

How much does the FRC Research Corp. report cost?

The report costs CA$24,000 for a full year of coverage and distribution.

What services does Sekur Private Data Ltd. provide?

Sekur provides cybersecurity and internet privacy solutions, including encrypted emails, secure messaging, and cloud-based storage services.

What stock symbol is associated with Sekur Private Data Ltd.?

The stock symbol for Sekur Private Data Ltd. is SWISF.