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RCS - Kape Technologies - Appointment of Chief Product Officer

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RNS Number : 9529B  Kape Technologies PLC  06 October 2022

6 October 2022

 

Kape Technologies plc

("Kape," the "Company," or the "Group")

 

Appointment of Chief Product Officer to Kape's Digital Privacy Division

 

Kape (AIM: KAPE), the digital security and privacy software business,
announces the appointment of Mike Truong as Chief Product Officer of its
Digital Privacy division with immediate effect. In the role, Mike will lead
product strategy for the division's flagship brand ExpressVPN, as well as
CyberGhost and Private Internet Access.

 

Mike brings an incredible depth of experience as a product leader. Most
recently, he was Group Head of Product & Analytics at Grab, one of Asia's
largest and most successful technology companies whose super-app has over 32
million monthly users. Prior to Grab, he was Head of Product at Uber, where he
worked across multiple verticals.

 

Ido Erlichman, Chief Executive Officer of Kape, commented:

 

"Mike's diverse experience in consumer product leadership roles at
multinational corporations will undoubtedly benefit the Group. We look forward
to him helping us capitalise on a number of exciting growth opportunities in
the fast-expanding digital privacy arena.

 

With his proven track record of developing innovative solutions that augment
consumer experiences, Mike has invaluable skills that will help continue the
strong development of our Privacy division".

 

Mike Truong, Chief Product Officer, Digital Privacy division, added:

 

"Digital privacy and security dominate the headlines every day. Empowering
people to have control of their online presence is one of the major challenges
of our current tech age. Kape's leading privacy brands mean that it is in an
excellent position to serve the massive growth in need for such protection.
It's an incredibly exciting time to join Kape and make an impact in this
booming space."

 

 

Enquiries:

 Kape Technologies plc                                      via Vigo Consulting

 Ido Erlichman, Chief Executive Officer

 Oded Baskind, Chief Financial Officer

 Shore Capital (Nominated Adviser & Broker)                 +44 (0)20 7408 4090

 Toby Gibbs / Mark Percy / James Thomas / Iain Sexton

 Stifel Nicolaus Europe Limited (Joint Broker)              +44 (0) 20 7710 7600

 Alex Price / Brad Topchik / Alain Dobkin / Richard Short

 Vigo Consulting (Financial Public Relations)               +44 (0)20 7390 0237

 Jeremy Garcia / Kendall Hill

 kape@vigoconsulting.com

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 7 million paying subscribers, supported by a team of over 1000
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 (http://www.kape.com/)

Twitter (https://twitter.com/Kape_com)    LinkedIn
(https://www.linkedin.com/company/kape-technologies/)

 

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