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Sekur Private Data Ltd. Signs Multinational Distribution Agreement in the Middle East

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Sekur Private Data Ltd. has signed a distribution agreement with Solutions Communications & Security Systems (SOLCOM) to distribute its secure communications platform in Jordan and Iraq. The agreement covers telecom operator Asiacell in Iraq, which has more than 9.1 million subscribers. Sekur plans to expand to the rest of the Middle East and the Gulf Cooperation Council countries. The company offers a Swiss-hosted, proprietary, private, and secure communications platform that reduces the risk of cyber penetration. Sekur also launched its privacy VPN solution, SekurVPN, which guarantees user privacy and protection from hackers.
Positive
  • Sekur Private Data Ltd. has signed a major distribution agreement with SOLCOM to distribute its secure communications platform in Jordan and Iraq.
  • The distribution agreement covers Asiacell, the only telecom operator in Iraq with nationwide coverage, serving over 9.1 million subscribers.
  • Sekur plans to expand its distribution to the rest of the Middle East and the Gulf Cooperation Council countries.
  • The company's Swiss-hosted communications platform reduces the risk of cyber penetration for businesses and governments in the region.
  • Sekur has launched SekurVPN, a privacy VPN solution that guarantees user privacy and protection from hackers.
Negative
  • None.

Agreement covers the Hashemite Kingdom or Jordan and The Republic of Iraq

Toronto, Ontario, and New York, New York--(Newsfile Corp. - November 1, 2023) - Sekur Private Data Ltd. (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) ("Sekur" or the "Company"), a leading Swiss hosted secure and private communications platform, is pleased to announce that it has signed a major distribution agreement with a distributor in the Hashemite Kingdom of Jordan ("Jordan") and The Republic of Iraq ("Iraq") in order to distribute its entire Sekur Swiss-hosted private and encrypted communications platform.

Sekur's distribution agreement was signed with Solutions Communications & Security Systems (SOLCOM), a Jordanian corporation from Amman, Jordan and is valid for a period of 12 months, with renewal options for additional 12 months. The agreement covers all of Jordan Iraq, specifically a telecom operator in Iraq called Asiacell Telecommunications Company. Asiacell caters to more than 9.1 million subscribers around Iraq and is the only telecom operator in that country to provide nationwide coverage. Asiacell is part of Oredoo QSC, a Qatari multinational telecommunications company headquartered in Doha. Ooredoo provides mobile, wireless, wire line, and content services with market share in domestic and international telecommunication markets, and in business (corporations and individuals) and residential markets. Ooredoo is one of the world's largest mobile telecommunications companies, with over 121 million customers worldwide as of 2021. SOLCOM is also approaching several telecommunications operators in the region, such as Orange Jordan and UMNIA Jordan.

The Middle East has been subject to more and more cyber-attacks due to regional conflicts, such as the one on August 15th, 2012, where the computer network of Saudi Aramco was struck by a self-replicating virus that infected as many as 30,000 of its Windows- based machines. Despite its vast resources as Saudi Arabia's national oil and gas firm, Aramco, according to reports, took almost two weeks to recover from the damage.

Alain Ghiai, CEO of Sekur Private Data, said: "We are thrilled to have signed this distribution agreement for Jordan and Iraq with SOLCOM, and we expect more agreements coming, covering the rest of the Middle East and the Gulf Cooperation Council ("GCC") countries. The region is unfortunately a hotbed of instability and cyber warfare is now part of that instability and is showing signs of increased activity, since the Israel-Hamas conflict broke out. Fortunately, we can offer the only Swiss-hosted, proprietary, private and secure communications platform that does not rely on big tech infrastructure, therefore reducing exponentially the risk of cyber penetration for businesses and governments in the region. From our discussions with our partners in Jordan, we believe that our SekurMessenger and SekurMail and SekurVPN for enterprises will be a success with governments, telecom operators and enterprises, such as banks and energy enterprises. SekurVoice, our encrypted voice solution, and our video conferencing solution SekurPRO will come in very handy to enterprises and governments looking for an alternative to existing big tech hosted solutions. Our prime directive is to provide private and secure communications for everyone, and as we are not connected to any Big Tech platform, we offer a truly independent, private and secure means of communications, without any data mining, through our proprietary technology and our secure servers based in Switzerland. We look forward to offering true private and secure communications to our new clients in the middle east, and to protect their intellectual property and privacy from data miners, malicious hackers and rogue states."

Since the Company has added SekurVPN and customized "à la carte" bundles for consumers and businesses, approximately 50% of all customers have been buying bundles with approximately 60% of customers purchasing SekurVPN in the bundle or on its own.

On April 7, 2023, the Company launched SekurVPN, its privacy VPN solution available through Sekur.com, and began commercial sales of its highly anticipated privacy and security VPN solution. The solution is also offered for sale in USD, CAD, NZD, AUD, SGD, CHF, EUR and GPB. Sekur plans to do a full scale launch before year-end 2023 with several videos on social media promoting SekurVPN to select targeted audiences in the U.S. Ghiai discusses the advantages of having a privacy VPN, and other preventive measures to minimize cyberattacks for consumers and businesses, on Sekur Hack of the Week Episode, a nationwide TV show broadcast on Bloomberg TV, Fox Business and on streaming media.

SekurVPN is especially meant for privacy enthusiasts and users wanting to protect their identity from hackers. An example would be users going to their e-banking or shopping online, using their emails, using messaging applications and wanting to have full privacy and protection from hackers hijacking their IP location and signal. The service guarantees not to use Big Tech or hyperscalers for its functioning or hosting, and it guarantees that there are no third party bundles sold with it so no data is leaked or sold to third parties. It guarantees no traffic pulling or monitoring and no phone number is required to register to the service.

According to a Forbes article, 66% of surveyed internet users within the U.S. use a VPN to help protect personal data, 80% use a VPN for increased security and 33% use a VPN to mask their internet activity. More statistics can be found on this VPN Statistics And Trends In 2023 article.

Private:

SekurVPN uses its own proprietary infrastructure and does not use any hyperscaler or Big Tech hosting providers, unlike most other VPNs. SekurVPN offers Swiss IPs only. This guarantees that it is using only SekurVPN's own servers and routing. Other VPNs offer hundreds of locations and are using Big Tech providers, compromising users' privacy. SekurVPN never monitors users' activity and never shares any data with third party service providers. By being a pure VPN, without bundled outside services such as antivirus and ad blockers, SekurVPN keeps users' information private without sharing their data with third party service providers. With SekurVPN, users do not register their phone number on the app or the web, rendering users invisible from hackers or snoopers. No phone number to register, anonymous Swiss IPs only, no data mining or traffic sharing with anyone.

Secure:

SekurVPN's secure VPN routes all your internet traffic through SekurVPN's privately owned servers, in multiple locations in Switzerland only, using the highest encryption industry standards combined with its proprietary HeliX technology for added security. Encryption keys are not stored on devices and are unique at every connection. Users' passwords, confidential data and internet surfing stay encrypted even over public untrusted internet connections.

Easy to use:

SekurVPN is extremely easy to setup and deploy. There is no country list and our interface is simplified; just tap or click the connection button. SekurVPN's no-frills but highly secure and private service gives users peace of mind without thinking about geolocations.

Currently SekurVPN is available to use with MacOS, iOS and Android devices. Versions for Windows 64, Windows 32 and Linux are planned to be launched in the coming weeks.

In addition to SekurVPN, the company offers a bundled Sekur plan, which includes SekurMessenger and SekurMail as a bundle of email, messaging and file transfer into one application, and includes the Company's latest SekurMail technology, which includes a proprietary anti-phishing and privacy feature called SekurSend®. SekurSend® lets a user send an email to any other recipient, whether they have Sekur or not, in full privacy and security as the email never leaves Sekur's encrypted email servers based in Switzerland. The recipient can then click on the notification and reply in the same manner using SekurReply®, without the recipient having to register for a Sekur account. The sender can also decide to protect any email sent by adding a password to open it, a read-limit and a self-destruct timer as well. Sending an email with the SekurSend® feature allows the senders and recipients to add limitless size attachments to the emails without crowding the recipients' email box. This also eliminates BEC attacks for businesses and email phishing attacks. Additionally, SekurMail includes full control of email delivery, automatic data export for large enterprises and an automatic Data Loss Prevention technology ("DLP") with real time continuous archiving.

Recent data breaches in messaging applications have created a certain urgency for businesses and data privacy advocates to protect their communications from cyberattacks and identity theft via mobile and desktop devices.

SekurMessenger comes with a proprietary feature and technology called "Chat-By-Invite." This feature allows a SekurMessenger user ("SM user") to invite via email or SMS a non-SM user, or a group of non-SM users, to chat in a fully private and secure way without the recipient ever having to register to SekurMessenger or download the app. At the end of the chat, the initiator of the conversation can remotely terminate the conversation and all traces of the conversation are deleted from all users, including the recipient. This unique feature is now fully deployed and functional on all iOS and Android devices and web platforms. The target sectors are numerous, including but not limited to real estate, legal, finance, insurance, medical, government, energy, manufacturing, trade and pharmaceutical sectors.

SekurMessenger also eliminates many of the privacy and security risks by not requiring a phone number, which would divulge a user's phone device ID, but also by not social engineering a user's phone or computer contact list and infecting the contacts by default as well, eliminating a huge loophole in security and privacy. SekurMessenger issues each user a username and a Sekur number. The Sekur number is the contact ID a user would disclose in order for other Sekur users to be added. The service comes with a self-destruct timer and other features as well, including Sekur's proprietary VirtualVaults and HeliX technologies with all data stored in Swiss hosted encrypted servers.

Sekur'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 Sekur Private Data Ltd.
Sekur Private Data Ltd. is a cybersecurity and Internet privacy provider of Swiss hosted solutions for secure and private communications. The Company distributes a suite of encrypted e-mails, secure messengers and secure communication tools. Sekur Private Data Ltd. sells its products through its own website, https://www.sekur.com, approved 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.sedarplus.ca . 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.

Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/185888

FAQ

What is the distribution agreement signed by Sekur Private Data Ltd.?

Sekur Private Data Ltd. has signed a distribution agreement with Solutions Communications & Security Systems (SOLCOM) to distribute its secure communications platform in Jordan and Iraq.

Which telecom operator in Iraq is covered by the distribution agreement?

The distribution agreement covers Asiacell, the only telecom operator in Iraq with nationwide coverage, serving over 9.1 million subscribers.

What are Sekur's plans for expansion?

Sekur plans to expand its distribution to the rest of the Middle East and the Gulf Cooperation Council countries.

What is the benefit of Sekur's communications platform?

Sekur's Swiss-hosted communications platform reduces the risk of cyber penetration for businesses and governments in the region.

What is SekurVPN?

SekurVPN is a privacy VPN solution launched by Sekur Private Data Ltd. It guarantees user privacy and protection from hackers.

SEKUR PRIVATE DATA LTD

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