October 21, 2020 -- Via pennymillions.com

DATA443 (USOTC: ATDS) - Acquisitions, parabolic sales and growth margin increases, big named customers and partners – a breakout is only a matter of time and the upcoming Q3 report could be the trigger.  The PPS started the year above $0.50.  Considering the tip of the iceberg perspective – if ATDS’s public disclosures are 10% of what’s going on below the surface, just wait till we get a glimpse of the other 90%.
 

  • Leading video communications platform, ZOOM (ZM) adopts DATA443 cyber security and places it at top of first page of cyber security offerings
  • Mr. Omkhar Arasaratnam who currently serves as Director of Engineering, Assurant Security for Google recently joined ATDS Advisory Board
  • Growing client list includes ZOOM, AMZN AWS, SPLK, WORDPRESS, HEWLETT PACKARD, RIPPLE CRYPTO CURRENCY, CITRIX, NFL TEAMS
  • Current actual Industry Market Comps of average Price to Sales Ratio of 31.65 to 1 supports share price going from 1 cent to over $.73 cents based on 2020 sales of $5 million
  • Recent accretive debt restructuring

See highlights below from recent Seeking Alpha feature on ATDS.

Cybersecurity Expert and Strategic Consultant to Venture Capitalists

Data443 Risk Mitigation, Inc. announced that it has appointed Mr. Omkhar Arasaratnam, a 20-year expert in information technology and leadership in global cybersecurity projects to its Advisory Board effective immediately.
Mr. Arasaratnam currently serves as Director of Engineering, Assurant Security for Google LLC, and is a Senior Fellow with the NYU Center for Cybersecurity at the NYU Tandon School of Engineering, and a member of the NYU Cyber Fellow Advisory Council. Previously, Mr. Arasaratnam served as Executive Director of Data Project Engineering at JPMorgan Chase, and has previously led security organizations at financial and technology institutions, such as Credit Suisse, Deutsche Bank, TD Bank Group, and IBM. In this capacity, he has revolutionized the effectiveness of cybersecurity controls. He is an accomplished author with several granted patents and has led contributions to many international standards.

"As someone who has dedicated my career to cybersecurity, I am honored to join the Data443 Advisory Board and work with such accomplished peers. Data443 truly stands out as an innovative leader in data classification, security, and privacy, with significant momentum. Data443’s solves these problems today, and I can't wait to start collaborating with Jason and the team in its mission for data privacy," commented Mr. Omkhar Arasaratnam.

Jason Remillard, CEO of Data443, commented, “As CEO, I am consistently looking for industry leaders that can add expertise and push the development of our company forward. Today, we are excited to welcome such an experienced and high-quality candidate in Omkhar Arasaratnam to the Data443 team. Omkhar’s vision, passion, and his depth of experience in precisely the area in which Data443 operates are truly invaluable and will be instrumental as Data443 continues to expand its service offerings. Omkhar’s impressive leadership in cybersecurity coupled with his deep knowledge of banking data protection and his vast presence in Silicon Valley, will help Data443 in a variety of ways.”
“We have reconfigured our advisory board to add important insights to three strategic areas: product consulting and strategy, acquisition sourcing and advisory, and capital markets advisory. We are actively filling our roster with leaders in these respective areas to help Data443 reach its fullest potential,” concluded Mr. Remillard.

DATA443 RISK MITIGATION “KICKS OFF” SPORTS TEAM SALES INITIATIVE WITH SUCCESSFUL CONTRACT RENEWAL BY THE NFL’S MIAMI DOLPHINS

Data443 Risk Mitigation, Inc., a leading data security and privacy software company announced that it has “kicked off” its sales initiative focused on sports teams with the contract renewal by the Miami Dolphins of the National Football League for the Company’s ARALOC™ Secure Sports Management platform.

Management Commentary:

Jason Remillard, CEO of Data443, commented, “We are proud and excited to kick off our sales campaign for our ARALOC™ Secure Sports Management platform with the renewal contract by the Miami Dolphins. It validates not only our first class solution, it further demonstrates our capabilities in delivering for billion-dollar organizations with extremely sensitive data – not only data that can mean the difference between winning and losing games, but data that is highly personal and sensitive. Building our relationships in this segment has been a priority for us, and we continue to expand our footprint in the sports world, which is not immune to security breaches. This gives our sales team incredible motivation, and hopefully leverage, in approaching sports teams and organizations on every level; professional; amateur; collegiate; we offer the best solution for all.”


Dr. Alexander Corris, Senior Director of Football Systems, Miami Dolphins Football Club, added, “The ARALOC Secure Sports Management Platform has delivered for us for years. Data443’s enhancements add value to the club for us and has been even more important to us during these challenging times. Security, ease of use and the ability to deploy nearly instantly to our members is key. We hope for further adoption of the product.”

“This contract renewal continues what’s been a steady stream of contract renewals we’ve managed to secure over the past several months, despite the current pandemic. This is a testament to our long-standing growth strategy of integrating companies with highly critical and elite technologies that come with a strong roster of flagship customers and a track record of contract renewals,” concluded Mr. Remillard.

DATA443 RISK MITIGATION SCORES AGAIN SECURES CONTRACT WITH THE NFL’S PITTSBURGH STEELERS TO PROVIDE THE ARALOC™ SECURE SPORTS MANAGEMENT PLATFORM
Continues Success in Delivering Secured Confidential Content to Professional Sports Teams

Data443 Risk Mitigation, Inc. announced that its data privacy and security offering focused on sports teams has scored another victory – this time with the Pittsburgh Steelers of the National Football League with the signing of an agreement to provide the Company’s ARALOC Secure Sports Management platform.

Management Commentary:

Jason Remillard, CEO of Data443, commented, “We are very proud to have secured an agreement with the Pittsburgh Steelers, and to be providing our ARALOC Secure Sports Management platform to one of the NFL’s most successful franchises. Winning the Steelers contract was based not only on our proven ability to deliver high performing service with the strongest reliability, but also because of our history of meeting commitments to our clients. After delivering our demo to the Steelers’ technology group, their initial feedback was, ‘It just checks all the boxes!’. That statement brought immediate validation for our capabilities and the timeliness of our solutions delivering for organizations with extremely sensitive data. This is a very significant win for us and one which clearly establishes Data443 as the premier source for delivering secured sensitive team material with tracking and back-end analytics.”

Mr. Scott Phelps, Vice President Technology, Pittsburgh Steelers Football Club, added, “The platform provides the privacy, security, speed of deployment and privacy corporate branding that we needed. Our program – like many – have challenges that are new and unique. These are surmountable with good people and technology; thus, we are excited to deploy this to our players, staff and support organization to ensure the safety and health of everyone involved in the sport. I feel this is a valuable tool for everyone to consider.”

Mr. Remillard further commented, “The information transmitted by NFL teams today (each are multi-billion-dollar organizations, with incredible financial implications for winning versus losing) is highly personal and sensitive, reflecting the challenging situation many organizations are in today. Regardless of professional, amateur or collegiate status, every program in the country is under incredible constraints and must operate in this unique situation. Data443’s product set is truly ‘fit for purpose’ in this climate, and we were pleased to onboard the Steelers organization in record time. Our sales program is expanding to include all other levels and types of sports,” concluded Mr. Remillard.

DATA443 ACHIEVES ANOTHER INDUSTRY FIRST: DELIVERS FIRST PRIVACY SCANNER FOR WORLD’S LEADING VIDEO COMMUNICATIONS PLATFORM (ZOOM) – SECURES FIRST PAGE ON APP STORE

Data443 Risk Mitigation, Inc. a leading data security and privacy software company, today released to the general public its latest advance in its cloud Global Privacy Manager product line – Data443 Chat History Scanner -powered by the Company’s award winning ClassiDocs™.

Management Commentary:

Jason Remillard, CEO of Data443, commented, “Today’s announcement is another key accomplishment for Data443, and continues the development of our Global Privacy Manager product segment that includes a plethora of products that ensure corporate compliance and personal privacy online – for both consumers and businesses alike. This effort has taken months of work by our dedicated engineering staff, securing certification from the vendor, and enabling us to deliver another world-first product to the marketplace.”

“The combination of compliance requirements, massive data collection and storage of both consumer and commercial information, without the ability to scan, parse and understand this data in a massively growing virtual environment, continues to be a significant risk for organizations of any size. By creating the Data443 Chat History Scanner, we saw a “blue ocean” opportunity in creating a simple, quick and easy way to meet these challenges, while aligning Data443 with the global leader in online video communications.

“Being on the first page of security and compliance products in the App Store is another notch in our belt as we continue to deliver products for a wide range of SaaS information providers on many platforms. Being distributed and available on multiple providers is part of our new approach to expand our business and reach new potential customers,” concluded Mr. Remillard

DATA443 REPORTS RECORD SECOND QUARTER RESULTS:

  • 80% INCREASE IN NET BILLINGS
  • RECORD SURGE IN NET BOOKINGS

Jason Remillard, CEO of Data443, commented, “Today’s results for the first half of 2020 truly highlights the strength of our team, the quality of our product offerings, and the priority positioning of our industry. Even in this challenging and unprecedented time of pandemic, we have proven that we continue to serve our clients and grow our business, highlighting the urgency and value of our technology offerings. Our name brand global multinational clients, as well as our regular mom and pop clients, rely on Data443 for their most sensitive and important data privacy needs. Our performance is strong evidence of the important role we play in the security and success of our clients.”

“We have continued to execute on our business plan, building momentum on both sales and product development. We secured new contracts with the Pittsburgh Steelers and the Miami Dolphins, opening a Company initiative to expand our offerings to sports teams. We also successfully launched our Zoom Chat Privacy canner and our WordPress Privacy Badge, both of which have shown great momentum for us in the early going. We anticipate that customer growth overall will continue to improve as more data-driven demands shift from central offices to more home and remote-based work settings.”

“For the greater part of 2020, we have dedicated significant time and resources to build our internal infrastructure, including our Data Center capabilities and direct to consumer capabilities. We continue to realize the benefits of product and technology investments made in 2018 and 2019. This is reflected in our continued growth of our deferred revenues, and our continued extinguishment of short and long-term debt. Our advanced infrastructure will scale to ensure we can service our continued expanding client base. We look forward to building on our relationships with ZM and the NFL – in conjunction with our existing financial and public services, government and cloud service providers. As we start the second half of 2020, our new advisory board member will continue to have special significance for us, and is already garnering benefits with analysts and customers alike.”

“I will be holding a business update conference call on Wednesday, August 12that 4:30PM ET to provide greater detail on our plans for the rest of 2020 and going forward. I believe that Data443 is in the best positioning of its relatively short history, and we have an impressive story to tell,” concluded Mr. Remillard.

Conclusion

After years of building and doing everything right, Data443 finds itself at the center of the perfect storm of unrivaled growth for those companies that offer solutions to the COVID-19 pandemic that is changing the way we do business throughout the world. Hundreds of millions are forced to work from home and cyber security is now more important than ever and unprecedented numbers are discovering Data443 and signing up for its popular and proved “Open Source” solutions. The short and long-term outlook for Data443 appear to be remarkably favorable for this fast-growing gem.
Growth is also being fueled by the new laws requiring Cyber Security and draconian penalties for breeches that can bankrupt even well financed companies.

With the growth curve improving every day and the exceptionally undervalued share price supported by actual market comps, it is no surprise that the share trading activity recently experienced very heavy trading volume. Over 155 million shares were traded which was unusually heavy buying.

Other stocks on the move: ENZC, GRST, and CCTL.

Original available at - https://www.pennymillions.com/blog/atds-breakout-is-inevitable-q3-filing-could-be-trigger-nbsp

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