SAFE-T’S WHOLLY OWNED SUBSIDIARY, NETNUT LTD., LAUNCHES A DYNAMIC RESIDENTIAL PROXY NETWORK IN EUROPE AND ASIA
August 24 2020 - 7:00AM
Safe-T® Group Ltd. (NASDAQ, TASE: SFET), a provider of secure
access solutions for on-premises and hybrid cloud environments,
today announced that its wholly owned subsidiary, NetNut Ltd., a
provider of secure business proxy network solutions, has launched
its Dynamic Residential Proxy network in Europe and Asia.
The new proxy network, built on agreements
through technology and network partners around the world, will
allow NetNut’s customers to enjoy the most diverse, reliable and
robust proxy solution upon which users can build and expand their
businesses and target reach.
NetNut is releasing this product as part of its
long-term plans to provide the best-of-breed solution in the proxy
market. This product will be added to NetNut’s existing superior
Static Residential Proxy and data center network products and will
allow customers to choose the best fit for their needs.
NetNut plans to expand its offerings to
additional territories and to release additional new products in
coming months. NetNut’s technology and offerings in the United
States will remain unchanged, where NetNut will continue to
leverage the extensive coverage of its static ISP-based service,
rather than a dynamic residential proxy network.
“The dynamic residential proxy network
dramatically expands our global network coverage for our
customers and allows us to provide a unique combination of
diversity, coverage, stability and network speed, unlike any other
in the proxy market,” said Barak Avitbul, Chief Executive Officer
of NetNut Ltd. “Launching our dynamic residential network in Europe
and Asia is another step in our overall strategy to become a
one-stop-shop for all proxy-related business requirements.”
About Safe-T®Safe-T Group Ltd.
(Nasdaq, TASE: SFET) is a provider of Zero Trust Access solutions
which mitigate attacks on enterprises’ business-critical services
and sensitive data, while ensuring uninterrupted business
continuity.Safe-T’s cloud and on-premises solutions ensure that the
organization’s access use cases, whether into the organization or
from the organization to the internet are secured according to the
“validate first, access later” philosophy of Zero Trust. This means
that no one, inside or outside the network is trusted by default
and verification is required from everyone trying to gain access to
resources on the network or in the cloud.Safe-T’s wide range of
access solutions reduce organizations’ attack surface and improve
their ability to defend against modern cyberthreats. As an
additional layer of security, our integrated business-grade global
proxy solution cloud service enables smooth and efficient traffic
flow, interruption-free service, unlimited concurrent connections,
instant scaling, and simple integration with our services.
With Safe-T’s patented reverse-access technology
and proprietary routing technology, organizations of all size and
type can secure their data, services, and networks against internal
and external threats.
At Safe-T, we empower enterprises to safely
migrate to the cloud and enable digital transformation.
Safe-T’s SDP solution on AWS Marketplace is
available here.For more information about Safe-T, visit
www.safe-t.com
About NetNut Ltd.NetNut Ltd., a
wholly owned subsidiary of Safe-T Group Ltd. (Nasdaq, TASE: SFET),
is a provider of secure business, data center, static and dynamic
residential proxy networks, enabling to route any HTTP/S requests
through residential IPs. Based on the company proprietary routing
technology and partnerships with ISPs globally, NetNut’s
architecture is unique in its ability to provide residential IPs
with one hop connectivity to the target site thus providing smooth
and efficient traffic flow, with high speeds and low latency. With
its exclusively controlled worldwide network, NetNut offers
interruptions-free service with low fail rate, unlimited concurrent
connections, instant scaling, and simple integration.
NetNut’s residential IP proxy network services enable multiple
business use cases, such as online ad verification, retail price
and inventory comparisons, content/application quality assurance,
network security penetration and load testing of
websites/applications and other large-scale data mining and
analysis.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 and other
Federal securities laws. Words such as “expects,” “anticipates,”
“intends,” “plans,” “believes,” “seeks,” “estimates” and similar
expressions or variations of such words are intended to identify
forward-looking statements. For example, Safe-T is using
forward-looking statements in this press release when it discusses
the advantages of NetNut’s Dynamic Residential Proxy network, the
potential of the Dynamic residential proxy network to address
market need and/or demand, the expansion to new markets in Europe
and Asia and NetNut’s long-term plans to provide the best-of-breed
solution in the proxy market. Because such statements deal with
future events and are based on Safe-T’s current expectations, they
are subject to various risks and uncertainties and actual results,
performance or achievements of Safe-T could differ materially from
those described in or implied by the statements in this press
release. The forward-looking statements contained or implied in
this press release are subject to other risks and uncertainties,
including those discussed under the heading “Risk Factors” in
Safe-T’s annual report on Form 20-F filed with the Securities and
Exchange Commission (“SEC”) on March 31, 2020, and in any
subsequent filings with the SEC. Except as otherwise required by
law, Safe-T undertakes no obligation to publicly release any
revisions to these forward-looking statements to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. References and links to websites have been
provided as a convenience, and the information contained on such
websites is not incorporated by reference into this press
release.
SAFE-T CONTACT:Maya MeiriM:
+972(0)52 3259171Maya.Meiri@safe-t.com
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