Sekur Private Data Ltd (SWISF)

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$SWISF $SKUR.C Sekur Private Data Ltd. Signs Distribution Agreement in Qatar


https://www.newsfilecorp.com/release/189059

The agreement covers sales support for all the Gulf Cooperation Council countries as Sekur opens in other countries within the G.C.C.
Toronto, Ontario and New York, New York--(Newsfile Corp. - November 29, 2023) - Sekur Private Data Ltd. (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) ("Sekur" or the "Company"), a leading Swiss hosted secure and private communications platform, is pleased to announce that it has signed a distribution agreement with a distributor in the State of Qatar ("Qatar") in order to distribute its entire Sekur Swiss-hosted private and encrypted communications platform.

Sekur's distribution agreement was signed with Beyond Limits Programs and Electronics. ("BLPE"), a Qatari corporation from Doha, Qatar, and is valid for a period of 12 months, with renewal options for additional 12 months. The agreement covers the State of Qatar and covers sales support and help for new distribution setups for all other Gulf Cooperation Council countries ("G.C.C."). BLPE is the distributor who introduced Sekur to its distributor for Jordan and Iraq and is working with Sekur to setup other distributors and support companies for the United Arab Emirates and the Kingdom of Saudi Arabia, among other countries.

The Middle East has been subject to more and more cyber-attacks in the past 15 years due to its growing economic and political importance, and due to recent regional conflicts. One of the most famous attacks occurred on August 15th, 2012, where the computer network of Saudi Aramco was struck by a self-replicating virus that infected as many as 30,000 of its Windows- based machines. Despite its vast resources as Saudi Arabia's national oil and gas firm, Aramco, according to reports, took almost two weeks to recover from the damage, and in 2021 according to this BBC News article, hackers demanded US$50 million from Saudi Aramco over data leaked by one of its sub-contractors.

Alain Ghiai, CEO of Sekur Private Data, said: "We are thrilled to have signed this distribution agreement for Qatar and BLPE. Mr. Talal Hassoun, CEO of BLPE, has over 20 years of experience in enterprise software sales in the Middle East and has been instrumental in helping us close our deal in Jordan and Iraq, and now Qatar. We are looking forward to working together to expand into other G.C.C. countries and offer support to our future distributors in the region with the help of BLPE. The region is a hotbed of instability and cyber warfare is now part of that instability and is showing signs of increased activity, since the Israel-Hamas conflict broke out. Fortunately, we can offer the only Swiss-hosted, proprietary, private and secure communications platform that does not rely on big tech infrastructure, therefore reducing exponentially the risk of cyber penetration for businesses and governments in the region. From our discussions with BLPE, we believe that SekurMessenger, SekurMail and SekurVPN for enterprises will be a success with governments, telecom operators and enterprises, such as energy, services and financial industry enterprises. Our prime directive is to provide private and secure communications for everyone, and as we are not connected to any Big Tech platform, we offer a truly independent, private and secure means of communications, without any data mining, through our proprietary technology and our secure servers based in Switzerland. We look forward to offering true private and secure communications to our new clients in the G.C.C. region, and to protect their intellectual property and privacy from data miners, malicious hackers and rogue state cyber-attacks."

SekurVPN uses a proprietary infrastructure and technology that deploys Swiss IPs only and does not data mine users' web traffic and does not offer third party add-ons such as generic anti-virus and generic spam blockers. This independent, privacy and secure solution guarantees full privacy and high encryption of users' connection. Sekur's servers are all located in Switzerland only and follow FADP, Swiss data privacy laws. FADP dictates that an individual's IP address is considered private property and cannot be sold or exploited.

On April 7, 2023, the Company launched SekurVPN, its privacy VPN solution available through Sekur.com, and began commercial sales of its highly anticipated privacy and security VPN solution. The solution is also offered for sale in USD, CAD, NZD, AUD, SGD, CHF, EUR and GPB. Sekur plans to do a full scale launch before year-end 2023 with several videos on social media promoting SekurVPN to select targeted audiences in the U.S. Ghiai discusses the advantages of having a privacy VPN, and other preventive measures to minimize cyberattacks for consumers and businesses, on Sekur Hack of the Week Episode, a nationwide TV show broadcast on Bloomberg TV, Fox Business and on streaming media.

SekurVPN is especially meant for privacy enthusiasts and users wanting to protect their identity from hackers. An example would be users going to their e-banking or shopping online, using their emails, using messaging applications and wanting to have full privacy and protection from hackers hijacking their IP location and signal. The service guarantees not to use Big Tech or hyperscalers for its functioning or hosting, and it guarantees that there are no third party bundles sold with it so no data is leaked or sold to third parties. It guarantees no traffic pulling or monitoring and no phone number is required to register to the service.