RE: TSI22 Apr 2020 10:46
News from March 2020: Brandshield continues to progress towards its main objective of listing on the AIM Market and maintains its intention to list in the second quarter of 2020, Two Shields explained.
TSI believes the scalability of BrandShield's technology platform alongside its successful performance over the last two years is a testament to the potential growth of the business.
"Given the excellent growth that BrandShield is delivering, and the progress it is making towards its AIM listing, we believe this investment will prove very attractive for our shareholders,” said Andrew Lawley, Chairman of TSI.
In 2018, BrandShield increased its Annual Recurring Revenue by 112%, with the figure rising a further 70% in 2019.
The growing risk of online threats such as social phishing has created a major opportunity for BrandShield as more and more organisations seek to protect themselves and their customers.
In February 2020, Brandshield announced the launch of protection software, ElectionShield, offering political candidates the tools to monitor, detect and takedown online threats.
The launch comes at a critical time of preparation for potential misinformation on social media platforms ahead of the 2020 US presidential election.
"The anticipated investment in BrandShield will allow us to capture the many exciting market opportunities we see,” added CEO and Founder of BrandShield, Yoav Keren.