Exxe Group Inc (AXXA)

[OTC_Buyer]

GDPR news out! May 28th, 2018

https://www.otcmarkets.com/stock/AXXA/news/Exxe-Group-Announces-Its-Comprehensive-Solution-Set-for-GDPR-Compliance-Offering-Immediate-Help-for-Non-Compliant-Organi?id=193727

Exxe Group Announces Its Comprehensive Solution Set for GDPR Compliance, Offering Immediate Help for Non-Compliant Organizations Facing FinesPress Release | 05/28/2018

Exxe Group (OTC PINK: AXXA), a diversified company focused on acquisitions in the real estate, blockchain, media, and financial services sectors announces that Neccentric Consultancy, an Exxe Group business, is now offering a range of solutions to assist companies to comply with the European Unions new General Data Protection Regulation (GDPR). GDPR is supposed to empower consumers to control the privacy and security of their data.



As General Data Protection Regulation, or GDPR, comes into effect across the EU, many companies both large and small are still struggling to come into compliance. These rules, which regulate how consumer data is stored and protected, user rights around personal data retention, and disclosures of security breaches, among other things, carry heavy penalties if not followed. While the International Association of Privacy Professionals estimated that Fortune Global 500 Companies spent $7.8 billion preparing for GDPR, there are countless reports of smaller organizations that failed to make the deadline. Exxe Group though its IT/management unit Neccentric Consultancy stands prepared to help these smaller organizations still trying to sort through the burden of GDPR compliance.



A survey done in mid-April by Crowd Research Partners found that up to 60% of businesses were likely to miss the May 25 deadline for GDPR. Factors cited for failure to meet the compliance deadline included lack of in-house staff knowledge and budget.



Neccentric Consultancy has been working on developing solutions for the data and security issues related to GDPR since 2017. Neccentric Consultancy stands ready with cost-effective, off-the-shelf solutions for SMEs, and is also able to craft the bespoke solutions required by larger enterprises.



Joseph Cohen, the CEO of Neccentric Consultancy and CSA of Exxe Group, remarked, We know that despite their best efforts, many, many organizations have seen May 25 come and go, yet are still struggling to come into compliance with the new GDPR requirements. Now on top of the challenges of compliance, they also have to worry about potential fines. We have been working on these issues for over a year, and want to bring our expertise and cost-effective solutions to the marketplace, and lessen the burden of GDPR for these companies, so they can get back to running their businesses, and stop worrying about data compliance.



About Exxe Group:

Exxe group is a diversified corporation focusing onacquisitions in the following sectors: real estate, technology with an emphasis on blockchain, media, andfinancial services. We are an acquisition-driven company. Our strategy is to acquire controlling equity interests in undervalued companies and then take an active role in improving their performance - accelerating their growth by providing them with both access to capital andto management expertise.