Picture of Kape Technologies logo

KAPE — Kape Technologies News Story

0.000.00%
gb flag iconLast trade - 00:00
TechnologyAdventurousMid CapNeutral

RCS - Kape Technologies - Product Launch - ExpressVPN Secure Router

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220923:nRSW3559Aa&default-theme=true

RNS Number : 3559A  Kape Technologies PLC  23 September 2022

23 September 2022

 

Kape Technologies plc

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

 

Product Launch - ExpressVPN Secure Router

 

●     ExpressVPN launches Aircove, a Wi-Fi 6 router with built-in VPN
protection

●    Built and designed by ExpressVPN - Aircove provides VPN protection
for the entire home straight out of the box

 

Kape (AIM: KAPE), the digital security and privacy software business, is
pleased to announce that its wholly owned brand ExpressVPN has launched its
first hardware product, Aircove, a Wi-Fi 6 router with built-in VPN
protection.

 

Aircove is the first and only Wi-Fi 6 router that comes with built-in VPN
protection by default and a user interface tailored for those seeking to
safeguard their families with a VPN. Aircove was built and designed by the
same security experts who delivered ExpressVPN's award-winning VPN software.
With Aircove, users can enjoy holistic home security easily, with VPN
protection straight out of the box.

 

According to a recent study, 98% of all IoT device traffic is unencrypted,
potentially allowing attackers to easily extract personal and confidential
data. With its easy setup, Aircove lets users protect and encrypt every device
in their home within minutes. This includes smart TVs, voice assistants, and
other IoT devices that aren't usually compatible with VPN software.

 

The launch of Aircove further consolidates ExpressVPN's position as a leading
brand in the digital privacy space providing premium products to over 3
million global customers, whilst complementing its multiple highly innovative
new software products introduced in May 2022. Aircove enables ExpressVPN to
deliver faster app updates, more reliable connections, and faster new feature
rollouts by providing greater control over software-hardware compatibility and
optimisation.

 

Aircove allows multiple users and/or devices to use the VPN for different
purposes without compromising the activity of one another.

 

Dan Pomerantz, General Manager Digital Privacy, commented:

 

"We are delighted to be announcing the launch of the first of its kind, secure
router for ExpressVPN, further highlighting our commitment to product
innovation and customer security.

 

Aircove was designed with user privacy and security as a top priority. With an
average Wi-Fi home network delivering connectivity to more than 25 devices and
almost all IoT device traffic being unencrypted, this is a major challenge.
Aircove will provide our customers with secure, flexible VPN-protected
internet connections across every room, on every device, for every household
member. We are redefining what it means to protect your home."

 

ExpressVPN Aircove is available for sale in the USA from today, at a special
launch price of US$169 (usual price: US$189).

 

Enquiries:

 

 Kape Technologies plc                                      via Vigo Consulting

 Ido Erlichman, Chief Executive Officer

 Oded Baskind, Chief Financial Officer

 Shore Capital (Nominated Adviser & Joint 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 (mailto: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 c.7 million paying subscribers, supported by a team of over 1,000
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/)

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAEASNAAFFAEFA

Recent news on Kape Technologies

See all news