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. 

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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.

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

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 says Mexico's largest telecom operator to sell SekurMessenger to corporate and mass markets

GlobeX Data's SekurMessenger will be available for immediate sale in Mexico with full integration expected to be complete in November this year

GlobeX Data -
"The idea here is to offer their business and privacy conscious consumer users an alternative to non-secure messaging applications that are in the market", said Globex Data CEO Alain Ghiai
 

GlobeX Data Ltd (OTCQB:SWISF) (CSE:SWIS), the cybersecurity and Internet privacy specialist, has unveiled a landmark deal which will see Mexico's largest mobile telecoms operator integrate the company's encrypted messaging solution into its offering.

GlobeX Data's SekurMessenger will be available for immediate sale in Mexico with full integration expected to be complete in November this year.

Telcel is the mobile division of América Móvil, which is the seventh-largest telecom operator in the world with over 277 million mobile subscribers in over 20 countries.

READ: GlobeX Data says sales of its Sekur cybersecurity product will meet or beat the group’s internal targets for 2020

"Telcel, America Movil's Mexico mobile operator, has over 75 million users in Mexico and over 5 million of them are business users," Alain Ghiai, the chief executive of GlobeX Data noted in a statement.

"The idea here is to offer their business and privacy-conscious consumer users an alternative to non-secure messaging applications that are in the market, and there are already customers waiting in line to purchase our solution."

GlobeX's Data privacy solutions are all hosted in Switzerland, protecting users' data from any outside data intrusion requests.

A notable feature of its SekurMessenger platform is that the user does not need to register with their phone number, eliminating a huge loophole in security, noted GlobeX, citing an article posted on the website threatpost.com in June this year, which revealed that WhatsApp phone numbers and users were searchable on Google, creating a massive security and privacy breach.

"Whether you are an SME, an Enterprise or a government organization, you need protection from email cyber-attacks, and identity and data theft," Ghia said.

"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," he added.

SekurMessenger will first be sold by Telcel and will retail in Mexico for 99 Mexican pesos per user per month.

Once sales in Mexico are underway, there are plans to increase coverage to other countries where América Móvil's operates its Claro brand, such as Colombia and Latin American countries.

GlobeX Data and América Móvil are also looking at offering a secure and private alternative to other non-secure messaging applications, the firm added.

As previously reported, Telcel has already integrated GlobeX Data's secure business productivity tool SekurSafe but has now decided to integrate and sell SekurMessenger to corporate and mass markets.

As of the first quarter of 2019, América Móvil had 277.4 million wireless subscribers, and 84.3 million fixed revenue generating units (RGUs) consisting of fixed voice, fixed data and PayTV units. The company's world headquarters are in Mexico City.

Contact the author at 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 Ltd. (SWISF): A Frontline Shield Against Data and Privacy Breaches

http://www.fastmoneyleaks.com/globex-data-ltd-swisf-a-frontline-shield-against-data-and-privacy-breaches/

GlobeX Data Ltd. (SWISF): A Frontline Shield Against Data and Privacy Breaches

 
 

The need to protect user information on commerce sites and apps is more important than ever. Data and privacy breaches are not only on the increase but firms struggle to detect, defend and respond to such breaches.  Due to the recent outbreak, cybersecurity demand is increasing due to more remote work.

Recent data breaches, in messaging applications and in particular in the WhatsApp application have created a certain urgency for businesses to protect their communications form cyber-attacks and identity theft via mobile devices, has sparked investors interest in GlobeX Data Ltd. (OTCQB:SWISF) (CSE:SWIS), a leader in Swiss hosted cyber security and Internet privacy solutions for secure data management and secure communications.

The company has been selected and nominated by The Silicon Review in their 50 Best Companies To Watch in 2020. The article can be read by clicking on this link Silicon Review Article on GlobeX Data.

GlobeX Data Ltd. (OTCQB:SWISF) (CSE:SWIS) recently announced that it was ready to launch its Sekur encrypted email and messaging security solution in August 2020. GlobeX will launch Sekur.com and its applications on the iOS AppStore and Google Play marketplace for Android devices at the same time.

Demand for Sekur has been building up as consumers and businesses are looking at protecting their personal and business emails in light of increased BEC attacks and email phishing attacks.

Sekur is the Company’s Swiss hosted secure communications suite, which includes encrypted messaging with self-destruct timer powered by the Company’s and an encrypted email service. The Company plans to push the Sekur brand as a secure communications suite in addition to its existing DigitalSafe brand which is the Company’s document management and collaboration suite. Sekur will include 100GB of email and message storage and encrypted messaging with self-destruct timer. All data is hosted in Switzerland for ultimate privacy. Sekur will also come in other versions, Sekur Messenger for encrypted messaging only, Sekur Email which will only have encrypted email. Future releases of Sekur including voice and video encryption and video conferencing will be deployed in the next 12 months and will have different price points.

The service will include the Company’s proprietary and newly branded features called SekurSend(R) and SekurReply(R) anti-phishing encrypted email solution. SekurSend(R) lets a user send an email to any other recipient, whether they have Sekur or not, in full privacy and security as the email never leaves Sekur’s encrypted email servers based in Switzerland. The recipient can then click on the notification and reply in the same manner using SekurReply(R), without the recipient having to purchase Sekur. This is also a guarantee to eliminate BEC attacks for businesses and email phishing attacks. Additionally, Sekur will include the Company’s latest technology, which include full control of email delivery, data export for SMB and large Enterprises and an automatic Data Loss Prevention technology (“DLP”) with real time continuous archiving.

One of the many Privacy and security features of Sekur is that the user does not register with their phone number, eliminating a huge loophole in security and privacy. Just recently, according to an article written by Lindsey O’Donnell and posted on the website threatpost.com on June 5 2020, it was disclosed that WhatsApp phone numbers and users were searchable on Google, creating a massive security and privacy breach. Earlier in the year, an article was written about a similar flaw affecting all businesses, NGOs, UN and non-profit organizations, where WhatsApp Group members were also compromised and searchable in a reverse engineering trick done on Google.

Sekur eliminates many of the privacy and security risks by not only not requiring a phone number, which would divulge a user’s phone device ID, but also by not social engineering a user’s phone or computer contact list and infecting the contacts by default as well. Sekur issues each user a username and a SM number. The SM number is the contact ID a user would disclose in order for other SM users to be added. The service comes with a self-destruct timer and other features as well, including GlobeX’s proprietary VirtualVaults and HeliX technologies with all data stored in Swiss hosted encrypted servers.

GlobeX’s Data privacy solutions are all hosted in Switzerland, protecting users’ data from any outside data intrusion requests. In Switzerland, the right to privacy is guaranteed in article 13 of the Swiss Federal Constitution. The Federal Act on Data Protection (“FADP”) of 19 June 1992 (in force since 1993) has set up a strict protection of privacy by prohibiting virtually any processing of personal data which is not expressly authorized by the data subjects. The protection is subject to the authority of the Federal Data Protection and Information Commissioner.

Under Swiss federal law, it is a crime to publish information based on leaked “secret official discussions.” In 2010 the Federal Supreme Court of Switzerland found that IP addresses are personal information and that under Swiss privacy laws they may not be used to track Internet usage without the knowledge of the individuals involved.

Last week, the company announced that it has signed its second distribution agreement in the Commonwealth of The Bahamas. The agreement was signed with Prime Technology Services Ltd. of Nassau, Bahamas.

This is the second distribution agreement signed by GlobeX in the Bahamas, as the Company is increasing its footprint in anticipation of its Sekur solution launch. Prime Technology Solutions was introduced to GlobeX by its Exclusive Master Distributor, Sebastian Alliance Group LLC.

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.

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. 

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