December 7, 2020 -- InvestorsHub NewsWire -- via Seeking Alpha -- About: Data443 Risk Mitigation, Inc. (ATDS), Includes: AMZNCHKPCRWDDDOGFTNT
 

 

 

 

  • Investors know about large cybersecurity companies such as SPLK, DDOG, FTNT, OKTA, PFPT, CHKP, CRWD but few have ever heard about fast upcoming $4.6M market cap DATA443 (OTCPK:ATDS)

 

  • DATA443 has been skillfully acquiring compatible high-growth companies but may soon find themselves the takeover target of larger cash-rich companies

 

  • Recurring record sales with high margins combined with record low share price support Strong Buy

Cybersecurity is booming and so are most of their stocks such as SPLK, DDOG, FTNT, OKTA, PFPT, CHKP, CRWD that are selling at record high share prices. One very strong cybersecurity player that has gone unnoticed so far is one cent DATA443 (ATDS: OTC) with a share price that has been slowly slipping in value from $.72 in the last 12 months to the current price of just under 1 penny.

 

About Data443 Risk Mitigation, Inc.

Data443 Risk Mitigation, Inc. (OTCPK: ATDS), is the de facto industry leader in Data Privacy Solutions for All Things Data Security™, providing software and services to enable secure data across local devices, network, cloud, and databases, at rest and in flight. Its suite of products and services is highlighted by: (i) ARALOC, which is a market leading secure, cloud-based platform for the management, protection and distribution of digital content to the desktop and mobile devices, which protects an organization’s confidential content and intellectual property assets from leakage — malicious or accidental — without impacting collaboration between all stakeholders; (II) DATAEXPRESS®, the leading data transport, transformation and delivery product trusted by leading financial organizations worldwide; (III) ArcMail, which is a leading provider of simple, secure and cost-effective email and enterprise archiving and management solutions; (iv) ClassiDocs® the Company’s award-winning data classification and governance technology, which supports CCPA, LGPD, and GDPR compliance; (V) ClassiDocs for Blockchain, which provides an active implementation for the Ripple XRP that protects blockchain transactions from inadvertent disclosure and data leaks; (vi) Data443® Global Privacy Manager, the privacy compliance and consumer loss mitigation platform which is integrated with ClassiDocs to do the delivery portions of GDPR and CCPA as well as process Data Privacy Access Requests – removal request – with inventory by ClassiDocs; (VII) Resilient AccessTM, which enables fine-grained access controls across myriad platforms at scale for internal client systems and commercial public cloud platforms like Salesforce, Box.Net, Google G Suite, Microsoft OneDrive and others; (viii) Data443 Chat History Scanner, which scans chat messages for Compliance, Security, PII, PI, PCI & custom keywords; (IX) the CCPA Framework WordPress plugin, which enables organizations of all sizes to comply with the CCPA privacy framework; (X) FileFacets™, a Software-as-a-Service (SAAS) platform that performs sophisticated data discovery and content search of structured and unstructured data within corporate networks, servers, content management systems, email, desktops and laptops; (XI) the GDPR Framework WordPress plugin, with over 30,000 active users and over 400,000 downloads it enables organizations of all sizes to comply with the GDPR and other privacy frameworks; and (xii) IntellyWP, a leading purveyor of user experience enhancement products for webmasters for the world’s largest content management platform, WordPress. For more information, please visit http://www.data443.com.

 

12 Month Downtrend and Record Low Share Price Reversing

Looking at the price performance over the past year would cause most investors to believe the company is doing poorly, but exactly the opposite is true. DATA443 has been reporting a solid stream of very bullish news reports for several months now but as most savvy investors know, sellers of convertible notes that helped finance the company’s growth have been unloading their shares to recoup their investment creating an exceptional buying opportunity for those smart investors who understand the increasing valuations that are now about to pressure the share price back towards its highs which were over $.70 in the past 12 months.

 

In addition to strong revenue growth reported, one recent example pointing to stronger growth ahead is today’ announcement: “DATA443 CONTINUES ACCELERATION WITH EXPANSION INTO THE MIDDLE EAST OPENS DUBAI OFFICE –Leverages Recent Client Wins; Locks In Significant Territory Coverage”

“RESEARCH TRIANGLE PARK, NC, December 8, 2020 – Data443 Risk Mitigation, Inc. (OTCPK: ATDS), the leading data security and privacy software company for ALL THINGS DATA SECURITY, today announced the expansion of its international presence with the opening of an office in Dubai. The Dubai office will serve as the central hub for the Company’s business development and marketing efforts in the Middle East, Northern Africa and India region. This addition will continue to strengthen the Data443 portfolio of telecommunications, banking, government and oil & gas companies. “

“The expanded presence in Dubai furthers its commitment to customer excellence and helps address the increasing worldwide demand for data privacy and security solutions. Data443’s product offerings enable secure data to provide user-enabled, governance-enabled, up-to-date security for every data point, every time – both on premise and in the cloud. This announcement follows closely on its recent expansion on data center capabilities in the US due to rapid capacity consumption from its customers.”

“We’re very excited to open our office in Dubai, one of the most glamorous, and progressive cities in the world, and the heart of a dynamic market,” said Jason Remillard, founder and CEO, Data443. “We recognize the Middle East and Northern Africa as an opportunity to expand our business and capabilities, and having direct relationships are critical to serving customers. Since we started Data443 we always intended to pursue international growth. Our recent client wins in the Middle East proves that we can offer companies in this area the perfect mix of products and services to address their data security needs. We now have an even deeper understanding of business and data security needs in this exciting area of the world, and we plan on delivering excellent service and quality as we continue to expand.”

“To further strengthen its position, Data443 has engaged Data Taag Technologies Middle East LLC as the company’s master distributor for the Middle East, Africa and India regions. Najaf Ali, data security veteran and CEO of Data Taag, will lead Data443’s entry into these markets just as he has with other global leaders such as RedHat, VMWare and Amazon AWS.”

“Data443 has a great reputation for delivering market-leading data security products and services,” said Najaf. “Data443 is quickly emerging as a sought-after vendor in the Middle East data security market, and the launch of their new office in Dubai will help us meet the growing demand for Data443 solutions in the region. I am honored to be part of the Data443 family and look forward to playing a major role in expanding the company’s business in the region and beyond.”

“Dubai is known as the gateway business hub.”

 

Conclusion

BioResearchAlert believes the current share price reflects an outstanding opportunity to take advantage of selling pressure from convertible note sellers that could soon be coming to an end as the company finds itself closer and closer to positive cash flow. With continued strong growth and selling pressure abating in the near term, we believe ATDS shares are a very strong buy and should be held for the intermediate and long-terms for what we believe could be extraordinary gains.

 

Forward-Looking Statements

The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue,” and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding Data443’s plans, objectives, future opportunities for Data443’s services, future financial performance and operating results and any other statements regarding Data443’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties, and assumptions, many of which are beyond Data443’s control, and which could cause actual results to differ materially from the results expressed or implied by the statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict, and include, without limitation, results of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; ability to hire and retain personnel; loss of, or reduction in business with, key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; anti-takeover measures in our charter documents; and, the uncertainties created by the ongoing outbreak of a respiratory illness caused by the 2019 novel coronavirus that was recently named by the World Health Organization as COVID-19. These and other important risk factors are described more fully in our reports and other documents filed with the Securities and Exchange Commission (“the SEC”), including under (i) “Part I, Item 1A. Risk Factors”, in our Registration Statement on Form 10 filed with the SEC on January 11, 2019 and amended on April 24, 2019; (II) “Part I, Item 1A. Risk Factors”, in our Annual Report on Form 10-K filed with the SEC on 17 April 2020; and, (III) subsequent filings. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to us on the date hereof. Except as otherwise required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

SOURCE: Seeking Alpha 

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