20 Jun 2019 07:00
20 June 2019
Kape Technologies plc
("Kape," or the "Group")
ZenMate Product Development Update
Kape (AIM: KAPE), the consumer security software business, announces an update regarding ZenMate, the specialist virtual private network ("VPN") solution provider, which the Group acquired in October 2018.
Following completion of its integration into the Group, Kape has saved $1.7 million in annualised costs relating to ZenMate. In addition, Kape has launched the ZenMate Ultimate app, the most comprehensive update of ZenMate's VPN platform to-date. The app adopts a new infrastructure with central developments including augmented location features, server security improvements, a mobile connection checker and faster speeds. The app is available across multiple platforms including Chrome, Firefox, Opera, Android, iOS, Windows OS, XOpen and Xbox and can be used on up to five devices at a time. It has a 100% no logs policy, acting to encrypt and secure all internet traffic such as downloads.
In addition, Kape has launched ZenMate Pulse, a comprehensive web firewall extension which protects against pop up ads, trackers, phishing schemes, malware and malvertising, as well as providing users with an explanation of the types of threats that they face on each website. The user therefore is not just provided with an all-inclusive ad blocker but is able to understand specifically what the types of threats are.
Ido Erlichman, Chief Executive Officer of Kape, commented:
"We are delighted with ZenMate's progress since the completion of its integration into the Group. It is proving highly complementary to CyberGhost in its target geographies and demographic. The launch of both ZenMate Ultimate and ZenMate Pulse should further increase Kape's addressable market in the privacy-led cybersecurity space, and is an excellent example of how we continue to organically invest in our products."
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) Shaun Dobson / Lauren Kettle / Harry Mills (Corporate Finance) Tom Salvesen (Corporate Broking)
| +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 cybersecurity company focused on helping consumers around the world to have better experience and protection in their digital life. Kape develops and distributes a variety of digital products in the online security space. The Group utilises its proprietary digital distribution technology to optimise its reach and create a superb user experience. Kape offers products which provide online security, privacy and an optimal online experience. Kape's vision is to provide online autonomy for a secure and accessible personal digital life, with team of over 350 people across seven locations worldwide.
www.kape.com
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