We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKAPE.L Regulatory News (KAPE)

  • There is currently no data for KAPE

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Capital Markets Event & Product Development Update

25 Jun 2020 07:01

RNS Number : 9982Q
Kape Technologies PLC
25 June 2020
 

25 June 2020

 

Kape Technologies plc

("Kape," or the "Company")

 

Capital Markets Event

&

Product Development Update

 

Kape (AIM: KAPE), the digital security and privacy software business, provides a product development update ahead of its Capital Markets presentation webcast today at 2.00 p.m. BST. The webcast will be available to view via a link in the Investors section of the Company's website: www.kape.com.

 

Kape's digital privacy business segment has undergone significant upgrades, transforming from a VPN provider into a fully-fledged privacy suite. A dashboard has been created to deliver optimal interactions and to manage new and existing features. Recently added options include Privacy Guard and Security Updater. Privacy Guard is a feature which gives users full control over their operating system's settings, increasing their privacy, while Security Updater protects devices from threats caused by vulnerable versions of installed apps. The WireGuard® encryption protocol has also been added to enhance the security and performance of the VPN service.

 

Another significant development is the launch of Kape's new privacy browser extension for Chrome, Firefox, and Edge, with Safari to be added shortly, which features cutting-edge technology enabling the service to be available globally, expanding its addressable market.

 

In addition, Kape has launched Intego's endpoint security solution for Windows by partnering with Microsoft. This replicates the Company's award-winning solution for macOS. Engineers from Intego and CyberGhost have worked closely to combine user experience excellence with high-security software development standards. In order to offer a privacy and security suite, Intego will provide its subscribers with a VPN solution and it is anticipated that Intego's endpoint solution will be incorporated into CyberGhost's privacy suite to increase retention and the average order value.

 

Kape is also currently deploying colocation, adding a private server network, owned and controlled by Kape in certain locations. This is expected to provide an even greater level of security and privacy offered to its customers, together with exceptional performance obtained by utilising the latest generation blade technology with dedicated high-speed connectivity. This is market-leading progress, unique in the privacy space, and already live in Frankfurt, with additional locations expected to be added by year-end.

 

Several additional solutions are also expected to launch in due course, which will further broaden the scope of the Company's offering including products dedicated to private browsing, password management, and digital identity protection.

 

Ido Erlichman, Chief Executive Officer of Kape, commented:

 

"I am delighted to announce further product development progress, which continues to underpin both our market position and customer traction. As the Company's core development teams expand, the increasing levels of collaboration are evident across our product stack, creating more opportunities for innovation and cross-selling than ever before. We look forward to providing further updates as we launch exciting new products, which we believe will broaden our market reach."

 

Enquiries:

 

Kape Technologies plc

Ido Erlichman, Chief Executive Officer

Moran Laufer, Chief Financial Officer

 

via Vigo Communications

Shore Capital (Nominated Adviser & Broker)

Mark Percy / Toby Gibbs / James Thomas

 

+44 (0)20 7408 4090

N+1 Singer (Joint Broker)

Harry Gooden / George Tzimas

 

+44 (0)20 7496 3000

Vigo Communications (Financial Public Relations)

Jeremy Garcia / Antonia Pollock

kape@vigocomms.com

+44 (0)20 7390 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.

 

To date, Kape has over 2 million paying subscribers, supported by a team of over 350 people across eight locations worldwide. Kape has a proven track record of revenue and EBITDA growth, underpinned by a strong business model that leverages our digital marketing expertise.

 

Through our 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

Twitter LinkedIn

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCMZGZVNDDGGZM
Date   Source Headline
17th Feb 20238:19 amGNWForm 8.5 (EPT/RI) - Kape Technologies Plc
16th Feb 202312:00 pmRNSForm 8.5 (EPT/RI) - Kape Technologies plc
16th Feb 202310:58 amGNWHSBC Bank Plc - Form 8.5 (EPT/RI) - Kape Technologies plc
16th Feb 20239:12 amRNSForm 8.5 (EPT/RI)
16th Feb 20238:38 amGNWForm 8.5 (EPT/RI) - Kape Technologies Plc
15th Feb 202312:00 pmRNSForm 8.5 (EPT/RI) - Kape Technologies plc
15th Feb 202311:04 amGNWForm 8.5 (EPT/RI) - Kape Technologies Plc
15th Feb 202310:01 amGNWHSBC Bank Plc - Form 8.5 (EPT/RI) - Kape Technologies plc
15th Feb 20238:54 amRNSForm 8.5 (EPT/RI)
14th Feb 20232:46 pmRNSForm 8.3 - Peter Burchhardt
14th Feb 20232:45 pmRNSForm 8.3 - Daniel Pomerantz
14th Feb 20231:35 pmGNWForm 8.5 (EPT/RI) - Kape Technologies Plc (Amendment)
14th Feb 202312:00 pmRNSForm 8.5 (EPT/RI) - Kape Technologies plc
14th Feb 202311:43 amGNWForm 8.5 (EPT/RI) - Kape Technologies Plc
14th Feb 202311:19 amGNWHSBC Bank Plc - Form 8.5 (EPT/RI) - Kape Technologies plc
14th Feb 20238:46 amRNSForm 8.5 (EPT/RI)
13th Feb 202311:34 amRNSForm 8.3 - Kape Technologies PLC
13th Feb 20237:15 amRNSResponse to Cash Offer
13th Feb 20237:00 amRNSOffer for Kape Technologies plc
9th Feb 20232:38 pmRNSTotal Voting Rights
17th Jan 20237:00 amRNSTrading Update & Notice of Results
3rd Jan 20233:24 pmRNSTotal Voting Rights
1st Dec 20227:00 amRNSDigital Privacy Event Online
17th Nov 20227:00 amRNSDigital Privacy Event Online
15th Nov 20227:00 amRNSKape Expands its Distribution to SMBs & WFH Sector
1st Nov 20227:00 amRNSNew Long Term Bank Facility
6th Oct 20227:00 amRNSAppointment of Chief Product Officer
3rd Oct 202211:09 amRNSResults of GM, TVR & Director/PDMR Dealings
23rd Sep 20227:00 amRNSProduct Launch - ExpressVPN Secure Router
21st Sep 202211:06 amRNSBlocklisting Return
16th Sep 20227:00 amRNSGrant of Options
15th Sep 20227:00 amRNSResult of US$220m Placing and US$2.5m Retail Offer
14th Sep 20229:30 amRNSProposed Placing at top of range - raising US$200m
14th Sep 20227:00 amRNSRetail Offer by PrimaryBid
13th Sep 20227:01 amRNSAppointment of Non-Executive Director
13th Sep 20227:00 amRNSProposed Placing to raise US$110m to US$200m
12th Sep 20227:00 amRNSHalf-year Results
25th Aug 20227:00 amRNSNotice of Results & Analyst/Investor Presentations
1st Aug 20227:00 amRNSTotal Voting Rights
19th Jul 20227:00 amRNSH1 Trading Update & Investor Presentation
16th Jun 20224:28 pmRNSResult of AGM
16th Jun 20227:00 amRNSAGM Statement
24th May 20227:00 amRNSPosting of Annual Report and Notice of AGM
12th May 20227:00 amRNSKape expands service offerings across key brands
5th May 20227:00 amRNSTotal Voting Rights
3rd May 20223:47 pmRNSDirector Disclosure
1st Apr 20225:19 pmRNSTotal Voting Rights
25th Mar 20227:00 amRNSIssue of Share Awards
23rd Mar 20227:00 amRNSPDMR Dealings
22nd Mar 20227:01 amRNSDirectorate Appointment

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.