Company News & Articles

GlobeX Data Ltd. Trades on the CSE

July 23, 2019 – Vancouver, British Columbia. GlobeX Data Ltd. (“GlobeX” or the “Company”) (CSE: SWIS, SWIS.WT) is pleased to announce that it has begun trading on the Canadian Securities Exchange (“CSE”) following closing of its initial public offering Common Shares and Tradable Warrants (see press release dated July 22, 2019).

The net proceeds from the IPO, together with the existing working capital of the Company will be used by the Company to fund its business development campaign, software development and server maintenance expenditures, and general and administrative expenses.

The Company distributes a suite of secure cloud-based storage, document management and collaboration, encrypted emails, and secure communication tools. The main products or services are DigitalSafe, PrivaTalk and Custodia. 

DigitalSafe is a secure data storage, collaboration, file share, password manager, and encrypted email all-in-one.  PrivaTalk is a secure communications suite encompassing encrypted voice, video, chat with auto-destruct timer, file transfer of files up to 100MB, and an encrypted email powered by the Company’s Custodia email engine. Custodia offers Encrypted email, granular permissions and is compatible with all mail clients regardless of domain. It also includes 5GB for data transfer per email and auto-destruct timer. SecureSend feature allows the user to send highly encrypted and private emails to other recipients inside and outside any organization. 

GlobeX houses all of its secure servers in Switzerland with the exception of some government organizations that require on-premise data residency. These on-premise services are offered on a case-by-case basis.  GlobeX clients include consumers, SMEs, enterprises and governments worldwide.

“The team at GlobeX Data is very pleased and honored to be part of the CSE community. This is an amazing opportunity to tell our story to the investing world and to grow our business. Being a public company comes with responsibilities and rewards. We have taken the approach to focus on the long term growth of the business and we are ready to face the challenges and the rewards that come with it, and our shareholders support this long term vision.” said Alain Ghiai, founder and CEO of GlobeX. “Cybersecurity is an issue that concerns all consumers, businesses and governments alike. According to various statistics, this is a global problem that is growing exponentially to the tune of 250 billion US dollars by 2023 (https://www.prnewswire.com/news-releases/cybersecurity-market-worth-248-26-billion-by-2023-893372986.html). At GlobeX, we look forward to continue to tell our story to the world and we thank everyone for their support.”

 

About GlobeX Data Ltd.

GlobeX distributes, designs and develops Swiss hosted software and cybersecurity solutions for secure data management and secure communications. The Company distributes a suite of secure cloud-based storage, document management and collaboration, encrypted emails, and secure communication tools. GlobeX sells its products through distributors and telecommunication companies worldwide. GlobeX serves consumers, businesses and governments worldwide. 

For more information please contact GlobeX Data at This email address is being protected from spambots. You need JavaScript enabled to view it. or visit us at: https://www.globexdatagroup.com .

 

Forward Looking Information

This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws ("forward-looking statements"). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "project" and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions "may" or "will" occur. These statements are only predictions. These statements reflect management’s current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. GlobeX cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond GlobeX’s control. Such factors include, among other things: risks and uncertainties relating to the future of the Company’s business; the success of marketing and sales efforts of the Company; the projections prepared in house and projections delivered by channel partners; the Company’s ability to complete the necessary software updates; increases in sales as a result of investments software development technology; consumer interest in the Products; future sales plans and strategies; reliance on large channel partners and expectations of renewals to ongoing agreements with these partners; anticipated events and trends; the economy and other future conditions; and other risks and uncertainties, including those described in GlobeX’s prospectus dated May 8, 2019 filed with the Canadian Securities Administrators and available on www.sedar.com. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, GlobeX undertakes no obligation to publicly update or revise forward-looking information.

 

On behalf of the Board of Directors

Alain Ghiai
CEO
+1.604.558.5164
This email address is being protected from spambots. You need JavaScript enabled to view it. 

This email address is being protected from spambots. You need JavaScript enabled to view it. 

Full interview: GlobeX Data brings cyber security and data management to the Bahamas

GlobeX Data (CSE:SWIS-OTCQB: SWISF) CEO Alain Ghiai joined Steve Darling from Proactive in Vancouver to discuss GlobeX signing a new reseller agreement in the Bahamas for its cybersecurity and secure communications and data management cloud services, Ghiai also told Proactive the deal is for has signed a five-years and is exclusive for Sebastian Alliance Group to resell all its products.

GlobeX Data Ltd. Completes Initial Public Offering

July 22, 2019Vancouver, British Columbia. GlobeX Data Ltd. (“GlobeX or the “Company) (CSE: SWIS, SWIS.WT) is pleased to announce that, it successfully completed its initial public offering (the “IPO”) of 5,692,000 units (the “Units) of GlobeX at a price of $0.25 per Unit for total gross proceeds of $1,423,000 (the “Proceeds”), pursuant to the final prospectus of the Company dated May 8, 2019. Each Unit is comprised of one common share (a “Common Share”) and one tradable share purchase warrant (each a “Tradeable Warrant”) exercisable at a price of $0.75 to acquire one Common Share until July 22, 2022.

Pursuant to the agency agreement dated May 8, 2019, Mackie Research Capital Corporation acted as agent (the “Agent”) for the IPO. GlobeX paid to the Agent a cash commission equal to $113,840 representing 8% of the Proceeds and granted the Agent and its sub agents non-transferable warrants entitling the Agent and its sub agents to purchase a total of 455,360 Common Shares at a price of $0.25 per Common Share until July 22, 2022. In connection with the IPO, the Agent also received a corporate finance fee.

Following the closing of the IPO, the Company now has 52,420,282 Common Shares issued and outstanding, of which an aggregate of 31,960,001 Common Shares are held in escrow pursuant to the escrow agreement dated May 8, 2019 and an aggregate of 5,692,000 Tradeable Warrants are issued and outstanding.

The net proceeds from the IPO, together with the existing working capital of the Company will be used by the Company to fund its business development campaign, software development and server maintenance expenditures, and general and administrative expenses.

GlobeX’s Common Shares and Tradable Warrants were listed on the Canadian Securities Exchange (“CSE”) effective July 22, 2019 and are anticipated to commence trading on the CSE on July 23, 2019 under the symbols SWIS and “SWIS.W”, respectively.

 

About GlobeX Data Ltd.

GlobeX distributes, designs and develops Swiss hosted software and cybersecurity solutions for secure data management and secure communications. The Company distributes a suite of secure cloud-based storage, document management and collaboration, encrypted e-mails, and secure communication tools. GlobeX sells its products through distributors and telecommunication companies worldwide. GlobeX serves consumers, businesses and governments worldwide.

 

Forward Looking Information

Information set forth in this press release contains forward-looking statements relating to the use of proceeds. These statement are made as of July 22, 2019 and are based on assumptions as of that date. These statements reflect management’s current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. GlobeX cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond GlobeX’s control. Such factors include, among other things: risks and uncertainties relating to the future of the Company’s business; the success of marketing and sales efforts of the Company; the projections prepared in house and projections delivered by channel partners; the Company’s ability to complete the necessary software updates; increases in sales as a result of investments software development technology; consumer interest in the Products; future sales plans and strategies; reliance on large channel partners and expectations of renewals to ongoing agreements with these partners; anticipated events and trends; the economy and other future conditions; and other risks and uncertainties, including those described in GlobeX’s prospectus dated May 8, 2019 filed with the Canadian Securities Administrators and available on www.sedar.com. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, GlobeX undertakes no obligation to publicly update or revise forward-looking information.

 

On behalf of the Board of Directors

 

Alain Ghiai

CEO

Full interview: GlobeX Data sees strong interest for Cyber Security amid rising tension with Iran

GlobeX Data (OTCQB: SWISF) - (CSE: SWIS) President and CEO Alain Ghiai sat down with Steve Darling from Proactive Vancouver to discuss the rising tension between the United States and Iran and how companies like his are seeing more interest from businesses in the U.S. looking to protect themselves. 

Ghiai also discussed their most recent deals and how the integration with Keller Williams reality is going. 

Full interview: GlobeX Data launching work at home secure platform in Commonwealth of Bahamas

GlobeX Data (OTCQB: SWISF-CSE: SWIS) CEO Alain Ghiai joined Steve Darling from Proactive Vancouver to bring news the company is now launching their secure work from home platform in the Bahamas. These services will include GlobeX’s secure business cloud solutions package, comprised of the firm’s flagship DigitalSafe, PrivaTalk, and Custodia technologies for secure communications. Ghiai discusses, with COVID-19, the demand for their services as companies look to improve security for employees now working away from the place of business.

Full interview: GlobeX Data signs deal with largest real estate company in the world to use DigitalSafe

 

GlobeX Data ( OTCQB:SWISF-CSE: SWIS) CEO Alain Ghiai sat down with Steve Darling from Proactive Vancouver to discuss Keller Williams signing a deal to the use the DigitalSafe platform for its Keller Williams Agents and offices at the Keller Williams marketplace. 

Ghiai discusses the deal and also told Proactive what this could mean in revenue for the GlobeX. 

GlobeX Data set to launch new secure email platform to reduce scams as people work from home amid pandemic

Business Email Compromise (BEC) attacks have increased dramatically in the past two years and are resurging exponentially during the coronavirus (COVID-19) crisis

GlobeX Data -
The company is working on completing its new Custodia Email platform in the next few weeks and having it available for all its clients and partners worldwide
 

GlobeX Data Ltd (CSE:SWIS) (OTCQB:SWISF) said its new secure email and communications service should be ready for launch within weeks as scams increase amid the pandemic with more people working from home.

Business Email Compromise (BEC) attacks have increased dramatically in the past two years and are resurging exponentially during the coronavirus (COVID-19) crisis due in part to the lack of home internet security and scrutiny from tech staff at home.

READ: GlobeX Data set to launch its 'Work From Home' package in the Bahamas

"We are working hard to complete our new Custodia Email platform in the next few weeks and look forward to having it available to all our clients and our partners worldwide," said Alain Ghiai, CEO of GlobeX Data, in a statement.

"BEC scams have increased exponentially and we are well aware that this problem is only the beginning and more BEC attacks are on the way. We are looking forward to puting our proprietary technology to work and helping businesses of all sizes globally and protecting them as much as we can from these BEC scams," he added.

Final completion should be within the next 30 days, the group revealed.

According to the website PYMNTS.com, 81% of firms were targets of payments fraud last year, according to recent data from the Association for Financial Professionals, noted GlobeX.

Its survey, underwritten by JPMorgan, found that the BEC scam was the most popular attack, with 75% of all companies surveyed saying they were impacted by it in some way in 2019.

It's been a busy week for the group. On Monday it said it was close to launching its data protection platforms in the Bahamas.

Its "Work From Home” services include GlobeX’s secure business cloud solutions package, comprised of the firm’s flagship DigitalSafe, PrivaTalk and Custodia technologies for secure communications.

DigitalSafe is a Switzerland-hosted secure document management and collaboration cloud tool, while PrivaTalk is a secure communications suite. Custodia is the firm’s end-to-end encrypted email service.

Contact the author at This email address is being protected from spambots. You need JavaScript enabled to view it.

GlobeX Data to provide data security for Keller Williams in-house app

The company has integrated DigitalSafe, its security, document management, and encrypted email solution, into the KW Marketplace, an app store for Keller Willam's 160,000-plus agents

GlobeX Data - GlobeX Data Ltd teaming with Keller Williams Realty to provide data security for KW Marketplace app for real estate agents
Keller Williams is the world's largest real estate technology franchise by agent count
 

GlobeX Data Ltd (CSE:SWIS) (OTCMKTS:SWISF), a data security company, announced Friday it’s joining the Keller Cloud Innovation Program, an AI-fueled real estate platform for Keller Williams Realty agents.

The company said it has integrated DigitalSafe, its Swiss-hosted security, document management, password management and encrypted email solution, into the cloud program and the KW Marketplace -- an app store for its 160,000-plus agents to browse top software integrations made by third-party developers.

GlobeX, based in Toronto, said it is working with its marketing team to update some marketing materials for its DigitalSafe application in the KW Marketplace. It anticipates that all updates will be completed by January 2020. 

READ: GlobeX Data Ltd wins OTCQB Venture market listing

Some of the updates include newer documentation for real estate-use case, larger data storage capacity and a new look and feel for the application, as well as a synchronized back-up feature new to DigitalSafe. 

As the application releases new features, Keller Willams agents will benefit greatly from these complimentary upgrades to the application, GlobeX said. 

“Keller Williams has been a pioneer in the real estate industry by embracing technology to maximize efficiency and profitability for its agents, and to provide its agents the best tools to run their business,” said GlobeX CEO Alain Ghiai in a statement. 

“As partners in the KW Marketplace, and later on as integrator of Command, the smart CRM-plus suite of applications hosted on the Keller Cloud, we look forward to providing KW agents the security and privacy DigitalSafe will provide them and their clients when sharing documents, generating passwords, sending encrypted emails and backing up their data in DigitalSafe's Swiss hosted secure cloud.” 

Businesses are often the targets of hacking attempts, making financial and other data vulnerable to cyberattacks. The company's DigitalSafe technology allows institutions and their clients to manage personal data in a secure Swiss cloud and gives users full control of their data, minimizing the risks of data attacks. 

GlobeX said Keller Willams agents can use DigitalSafe to securely communicate information such as contracts, banking statements, legal documents, PIN codes and passwords and other types of sensitive data. 

VirtualVaults Technology

Agents will be able to communicate securely by preloading sensitive documents and share those documents with their clients and co-workers. All these advantages come with Swiss data privacy laws, among the highest data privacy in the world, the highest encryption standards, and GlobeX Data's proprietary VirtualVaults technology.

VirtualVaults technology uses multiple layers of encryption requiring more computing processing power than the products available in the market. It is a process that is too costly for mass cloud services and other large service providers. In the unlikely event of a breach of data, VirtualVaults protects each individual account holder by segregating each user from the other users, creating an individual barrier of protection.

Additionally, GlobeX said it is exploring way to integrate its DigitalSafe application later in 2020 into Command, a smart CRM-plus suite of applications hosted on the Keller Cloud, the world's largest real estate technology franchise by agent count.

Contact the author: This email address is being protected from spambots. You need JavaScript enabled to view it.

Full Interview: GlobeX Data sees increase in demand for services during global pandemic crisis

GlobeX Data (CSE: SWISS- OTCQB: SWISF) CEO Alain Ghiai joined Steve Darling from Proactive Vancouver to discuss the company signing the number of deals recently as their services for cybersecurity has really increased during the COVID-19 crisis. Ghiai told Proactive about the deals and also why he thinks there have been so much demand increases in the cybersecurity world.

Globex Data Featured on GadjetGram Article On Reducing Cyber Attacks

 Don’t Be the Victim of a Cybercriminal

Article by Alain Ghiai, CEO of GlobeX Data Ltd.
(See Full Author’s Bio at the end)

This bylined article was written for your consideration, offering tips on how everyday people can better protect themselves from the ever-growing threat of a cyberattack.

Introduction

Not a day seems to go by without reading about the latest cyberattack.  No one is safe anymore — big companies like Equifax and Facebook to Uber and eBay have been suffered major security breaches, along with countless everyday people. There has long been a prevailing attitude among many individuals that goes, “If I get hacked, I’ll just change my password.” Whether that reflects misplaced trust in our constantly-connected world or simply laziness, it seems the majority of people think a digital security breach will never strike them and if it does, it won’t be a big deal. But deep inside they know that may not be true.

Victim of a Cybercriminal

Not only is our money at risk, but our personal information, as well. As for easily fixing things after you’ve been hacked? Ask anyone who’s been digitally compromised and they will tell you it can take years to repair the damage.

With the deck seemingly stacked against us, what chance does the average person have if the bad guys have them in their crosshairs? Despite numerous reports of major corporations and entire cities being held hostage by cyber criminals, there actually are things the average person can do to protect him or herself.

Tips on How to Safeguard Against the Next Cyberattack

  • Never assume you are safe online.

Today’s online world is convenient, with apps for everything and access to our personal finances and our most personal information just a tap away on our smartphones. But convenience comes at a price. This very ease in use is at the center of the problems we are facing today.

  • Cyber theft is largely based on hackers using your personal information against you.

The biggest culprit is social media. Whenever you update your status on any of the many platforms, you are giving away information about yourself which artificial intelligence can capture. Through this means hackers can develop a profile on you and your personal habits, including determining where you bank, where you eat, which gym you frequent. Most people don’t realize they are making it easy for hackers to target them by announcing their profiles to the world.

  • Do not use free services, such as Wi-Fi, email and cloud data storage.

While many of these online services are household names and extremely popular — such as WhatsApp and Facebook Messenger — they are all inherently insecure. In addition, your privacy is compromised when you use them. Remember the old saying, “Nothing is really free?” Their business model is based on advertising and through their careful monitoring of the habits of their users. Countless millions of individuals are inadvertently handing over their personal data to these companies, which they turn around and sell to other businesses.

Victim of a Cybercriminal

  • Consider using an encrypted email service to protect the privacy and security of your messages.

If you insist on staying with G-mail, Yahoo mail or any of the other many free email services, assume your messages can be read by anyone.  Therefore, do not send anything sensitive or personal via these email services, such as credit card numbers and passwords.

  • Always remember that when you connect to Wi-Fi in a coffee shop, hotel or airport, you are inadvertently exposing yourself to virtually every single person who is logged on at the same time.

Many hackers hang out on public Wi-Fi just waiting for the opportunity to strike.

  • Do not do online banking through apps.

Apps are created by third-party developers and there is no way to know they are secure.  Your life savings could be wiped out simply by using an app with security holes.

  • We’ve all heard this a million times, but do not use the same password for all your accounts.

Also, be sure to change them regularly. The easiest way to handle this is through an inexpensive password manager.

Conclusion

The piece was written by Alain Ghiai, the CEO of GlobeX Data Ltd., a publicly-traded company which hosts its international cybersecurity services out of Switzerland. (https://www.globexdatagroup.com)

About Alain Ghiai:

Alain Ghiai is the CEO of GlobeX Data Ltd., a publicly listed company (CSE:SWIS) that distributes, designs and develops Swiss-hosted software and cybersecurity solutions for secure data management and secure communications. He has been an active internet entrepreneur since 2000. In 2009, he was mandated by the Republic and State of Geneva’s Economic Development Office to represent it to Gulf Cooperation Council countries and Canada in all matters relating to the fostering of good relationships between companies originating in GCC countries, Canada and Switzerland. (https://www.globexdatagroup.com)

 

David Novak

For the last 20 years, David Novak has appeared in newspapers, magazines, radio, and TV around the world, reviewing the latest in consumer technology. His byline has appeared in Popular Science, PC Magazine, USA Today, The Wall Street Journal, Electronic House Magazine, GQ, Men’s Journal, National Geographic, Newsweek, Popular Mechanics, Forbes Technology, Readers Digest, Cosmopolitan Magazine, Glamour Magazine, T3 Technology Magazine, Stuff Magazine, Maxim Magazine, Wired Magazine, Laptop Magazine, Indianapolis Monthly, Indiana Business Journal, Better Homes and Garden, CNET, Engadget, InfoWorld, Information Week, Yahoo Technology and Mobile Magazine. He has also made radio appearances on the The Mark Levin Radio Show, The Laura Ingraham Talk Show, Bob & Tom Show, and the Paul Harvey RadioShow. He’s also made TV appearances on The Today Show and The CBS Morning Show. His nationally syndicated newspaper column called the GadgetGUY, appears in over 100 newspapers around the world each week, where Novak enjoys over 3 million in readership. David is also a contributing writer fro Men’s Journal, GQ, Popular Mechanics, T3 Magazine and Electronic House here in the U.S.

Contact Us