RCS - Kape Technologies - Kape expands service offerings across key brands

Kape TechnologiesAnnouncement

12/05/2022 07:15

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RNS Number : 1887L  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

 

ExpressVPN 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
(https://www.expressvpn.com/blog/introducing-threat-manager-stop-apps-from-tracking-you/)
:  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
(https://www.expressvpn.com/blog/parallel-connections-speed-up-vpn-connection-times/)
: 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 (https://www.expressvpn.com/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
(https://www.expressvpn.com/blog/bug-bounty-bonus-vpn-server-vulnerabilities/)
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)                                      +44 (0)20 7408 4090

 Toby Gibbs / Mark Percy / James Thomas / Michael McGloin (Corporate Advisory)
 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 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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