Kape Technologies PLC ZenMate Product Development Update
June 20 2019 - 1:00AM
RNS Non-Regulatory
TIDMKAPE
Kape Technologies PLC
20 June 2019
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 via Vigo Communications
Ido Erlichman, Chief Executive Officer
Moran Laufer, Chief Financial Officer
Shore Capital (Nominated Adviser & Broker) +44 (0)20 7408
Mark Percy / Toby Gibbs / James Thomas 4090
N+1 Singer (Joint Broker)
Shaun Dobson / Lauren Kettle / Harry Mills
(Corporate Finance) +44 (0) 20 7496
Tom Salvesen (Corporate Broking) 3000
Vigo Communications (Financial Public Relations)
Jeremy Garcia / Antonia Pollock +44 (0)20 7390
kape@vigocomms.com 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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END
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