TIDMKAPE
Kape Technologies PLC
12 May 2022
12 May 2022
Kape Technologies plc
("Kape," the "Company," or the "Group")
Kape expands service offerings across key brands
ExpressVP N reinforces market-leading position with multiple
product launch
Kape Technologies plc (AIM: KAPE), the digital security and
privacy software business, announces that a number of the Company's
privacy brands have expanded their platform capabilities and
offerings, introducing several new features.
The launch of a number of highly innovative new products, in
addition to enhanced features on existing solutions, is closely
aligned with significant demand across the digital privacy sector.
With the cybersecurity sector delivering its strongest quarter on
quarter growth to-date, Kape continues to be firmly focused on
delivering best-in-class privacy and security solutions that
safeguard consumers' digital lives.
With the VPN service already at the top of most reviewer lists,
ExpressVPN has introduced several new features, including:
-- Threat Manager : a new privacy feature that protects against
nosy apps, trackers, and malware and is available free for
ExpressVPN users on iOS, Mac, and Linux, enabling users to shield
user traffic from third-party listeners (including ISPs) whilst
also blocking user traffic to malicious third parties (including
trackers and scammers).
-- Parallel Connections : optimises the VPN's connection time,
with the feature designed to provide the speediest re-connection
when moving between different networks. Kape is constantly striving
for faster connection to ensure we cater for our growing always-on
customer base who use ExpressVPN as their gateway to the web.
-- Keys : a password manager for applications. Currently in
public beta, Keys will be trialled by 6,000 beta testers in the
coming months, and aims to solve the challenges people have when
they forget passwords, alongside addressing the current lack of
user-friendly password managers that are available on the
market.
-- Additionally, we continue to develop meticulous cybersecurity
controls to keep our systems and users protected from attacks and
intrusions. ExpressVPN has upped its bug bounty program me ,
offering $100,000 as a one-time bounty via Bugcrowd for anyone who
identifies a vulnerability on its VPN server.
In addition, CyberGhost achieved Google Play Protect
certification. Introduced by Google to ensure the safety of Android
users, CyberGhost achieved this certification by undertaking
rigorous security testing before its latest app could appear in
Google Play.
Ido Erlichman, Chief Executive Officer of Kape, commented:
"At a time when both governments and businesses around the world
are exercising more control over the digital rights of consumers,
Kape's ability to provide independent digital privacy solutions has
never been more relevant.
"In recognition of the growing desire for constant and
dependable online privacy and security, our suite of privacy
brands, including ExpressVPN, CyberGhost, and Private Internet
Access, continuously work to provide innovative privacy products,
protecting consumers and their personal data as they go about their
daily digital lives."
Enquiries:
Kape Technologies plc via Vigo Consulting
Ido Erlichman, Chief Executive Officer
Oded Baskind, Chief Financial Officer
Shore Capital (Nominated Adviser &
Broker)
Toby Gibbs / Mark Percy / James Thomas +44 (0)20 7408
/ Michael McGloin (Corporate Advisory) 4090
Stifel Nicolaus Europe Limited (Joint
Broker)
Alex Price / Brad Topchik / Alain Dobkin +44 (0) 20 7710
/ Richard Short 7600
Vigo Consulting (Financial Public Relations)
Jeremy Garcia / Kendall Hill +44 (0)20 7390
kape@vigoconsulting.com 0237
About Kape
Kape is a leading 'privacy-first' digital security software
provider to consumers. Through its range of privacy and security
products, Kape focusses on protecting consumers and their personal
data as they go about their daily digital lives.
Kape has over 6.5 million paying subscribers, supported by a
team of over 850 people across ten locations worldwide. Kape has a
proven track record of revenue and EBITDA growth, underpinned by a
strong business model which leverages our digital marketing
expertise.
Through its subscription-based platform, Kape has fast
established a highly scalable SaaS-based operating model, geared
towards capitalising on the vast global consumer digital privacy
market.
www.kape.com
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