viewGlobeX Data

GlobeX Data increases sales of licenses for its secure cloud suite SekurSafe in South Asia

The 200 licenses were sold by GlobeX's distributor in Pakistan and another 820 licenses have been contracted

SekurSafe includes SekurMail, which allows for the full control of email delivery as well as automatic data export and data-loss prevention technology with real-time continuous archiving

GlobeX Data Ltd (CSE:SWIS) (OTCQB:SWISF) announced Monday that it has increased South Asia sales of licenses for SekurSafe, its Swiss-hosted secure document management, secure email, password manager, and business collaboration cloud suite.  

The 200 licenses were sold by GlobeX's distributor in Pakistan, Citadel Technology Solution Pvt Ltd (CTS). Also, CTS has contracted another 820 licenses of SekurSafe, worth US$72,200 and is working on more licenses to close by the end of December 2020, GlobeX said.    

Additionally, CTS is in working on a deal for 1,800 SekurSafe licenses, worth US$158,400. Total sales expected from CTS by December 31 are about US$248,100, representing 2,820 licenses of SekurSafe sold. CTS also expects to sell at least 3,000 additional SekurSafe licenses in 2021. 

READ: GlobeX Data in talks to circulate its security and privacy solutions through Canadian IT software distributor

"We are happy to see sales in South Asia increasing as we move forward towards 2021,” said GlobeX Data CEO Alain Ghiai in a statement.

“Our strategy to develop the Emerging Markets is starting to pay off and we expect great things from South Asia in the coming 12 months. GlobeX has distribution agreements in more than 30 countries and we expect sales in most of these countries to start coming in gradually as COVID-19 unwinds in the next 12 months and economies resume their growth patterns.” 

Ghiai added: Cybersecurity is a plague that is affecting the world and shows no sign of abatement. Whether you are an SME, an Enterprise or a government organization, you need protection from email cyber-attacks, and data theft. Our strength in using proprietary technology, Swiss privacy laws and no third-party platform such as AWS, MS cloud or Google cloud, puts us in a unique position to provide true privacy and security."

SekurSafe includes the company's latest SekurMail technology, which includes full control of email delivery, automatic data export for large enterprises, and automatic data-loss prevention technology with real-time continuous archiving. 

SekurSend lets a user send an email to any other recipient, whether they have SekurSafe or not, in full privacy and security as the email never leaves SekurSafe s encrypted email servers based in Switzerland.

Contact the author: patrick@proactiveinvestors.com

Follow him on Twitter @PatrickMGraham

Quick facts: GlobeX Data


Price: 0.4 CAD

Market Cap: $34.32 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...


GlobeX Data closes oversubscribed financing of 4.5 million, Increases budget...

GlobeX Data (CSE:SWIS, OTCQB:SWISF) CEO Alain Ghiai joined Steve Darling from Proactive to share news the company has announced the closing of a private placement offering for total gross proceeds of 5.7 million Canadian. Ghiai telling Proactive the company plans to use the proceeds to...

4 weeks, 1 day ago

2 min read