ALAR Alarum Technologies Ltd

Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) (“Alarum” or the “Company”), a global provider of internet access and web data collection solutions, today announces that following comprehensive research of the industry, the establishment of a dedicated team of experts and after successful proof of concept, NetNut Ltd., its wholly owned subsidiary (“NetNut”), decided to officially launch an innovative artificial intelligence (“AI”) data collection product line. This cutting-edge product line represents a significant leap forward in data collection technology, addressing the challenges of time-intensive collector creation and maintenance that have long plagued businesses across industries. NetNut is expected to release the first version of the product by the end of 2024.

With an intuitive, no-code interface, the new AI Data Collector will enable users to effortlessly generate data collection within minutes. The product’s advanced AI will automatically adapt to website changes, ensuring continuous data collection without any downtime. Furthermore, NetNut's proprietary unblocking technology will provide seamless access to web data, which will allow uninterrupted data extraction at any scale. Users will simply be required to input the target URL, select desired data subjects, set the range of timing, and choose their preferred download format.

"We are excited to introduce our most innovative product line development yet, which adds to a series of new products we have launched in recent months. The new product represents a significant advancement in data gathering technologies, designed to empower businesses across industries with unparalleled insights and efficiency. Traditional methods of data collection often prove time-consuming, costly, and limited in scope. Recognizing this challenge, NetNut has leveraged cutting-edge AI technologies to develop a comprehensive range solution that will streamline and enhance the data collection process, to enable a quick and easy creation of custom data scraping, with the capacity to develop dozens or even hundreds of new scrapers, all made possible by the sophisticated technology that underpins its development," said Shachar Daniel, Alarum’s Chief Executive Officer. "The AI Data Collector marks our expansion into the data collection market as we empower organizations to unlock the full potential of their data, driving innovation and competitive advantage by automating the creation and maintenance of data collectors."

About Alarum Technologies Ltd.

Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) is a global provider of internet access and web data collection solutions.

The solutions are based on our world’s fastest and most advanced and secured hybrid proxy network, enabling our customers to collect data anonymously at any scale from any public sources over the web. Our network comprises both exit points based on our proprietary reflection technology and hundreds of servers located at our ISP partners around the world. The infrastructure is optimally designed to guarantee privacy, quality, stability, and the speed of the service.

For more information about Alarum and its internet access solutions, please visit www.alarum.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” 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. Alarum is using forward-looking statements in this press release when it discusses the potential benefits and advantages of the new AI Data Collector, its potential to address market need and/or demand, its ability to develop multiple scrapers using its sophisticated technology, and the expected timing of release of the first version of the product. Because such statements deal with future events and are based on Alarum’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Alarum 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 Alarum’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 31, 2023, and in any subsequent filings with the SEC. Except as otherwise required by law, Alarum 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. Alarum is not responsible for the contents of third-party websites.

Investor Relations Contact:

Michal Efraty+972-(0)52-3044404michal@efraty.com