Safe-T Group Launches Breakthrough Residential Proxies Network to Support the Multibillion Dollar Sneaker Resale Market
February 12 2021 - 8:30AM
Safe-T® Group Ltd. (NASDAQ, TASE: SFET), a provider of secure
access solutions and intelligent data collection, has launched a
new residential network for the multibillion-dollar sneaker resale
market. The new product is the first synergy realization of the
recent acquisition made by Safe-T. It utilizes the unique and
advanced network capabilities of Safe-T's business Internet
Protocol (IP) proxy platform and its consumer IP proxy solutions.
The static residential proxy network is based on
the deployment in a large number of residential Internet Service
Providers (ISPs) worldwide that Safe-T will package into an
effective proxy solution, providing over 100,000 potential
customers with the best access to sneaker releases and maximize
success in the purchase of high demand items within the sneaker
resale market.
The new product is a breakthrough in residential
proxies, as it solves many of the historical challenges with
residential networks. It eliminates the need to have a bandwidth
limit and creates a dedicated static IP for each user. The end
result is a highly effective proxy, that will remain stable during
heavy traffic and will save customers from additional bandwidth
charges.
"We are excited to launch the first product that
implements synergies between these two different IP proxy
solutions. Our IP proxy platform is used by various business
verticals, one of which is the sneaker resale market. We believe
that the new residential network product is one of many possible
offerings that can open our unique platform for additional business
segments,” said Shachar Daniel, CEO of Safe-T.
About Safe-T®
Safe-T Group Ltd. (Nasdaq, TASE: SFET) is a
provider of access solutions and intelligent data collection.
Our cloud and on-premises solutions mitigate
attacks on enterprises’ business-critical services and sensitive
data, while ensuring uninterrupted business continuity.
Organization’s access use cases, whether into the organization or
from the organization out to the internet, are secured according to
the “validate first, access later” philosophy of Safe-T’s zero
trust. This means that no one is trusted by default from inside or
outside the network, and verification is required from everyone
trying to gain access to resources on the network or in the
cloud.
The wide range of access solutions, empowered by
our patented reverse-access technology and proprietary routing
technology, reduce organizations’ attack surface, improve their
ability to defend against modern cyberthreats and enable them
smooth digital transformation and to safely migrate to the
cloud.
We also offer intelligent data collection cloud
service, based on our world’s fastest and most advanced &
secured business proxy network which enables clients to collect
accurate, transparent & sensitive data from public online
sources.
Safe-T’s solutions on AWS Marketplace are
available here
For more information about Safe-T, visit
www.safe-t.com
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 new residential network product, its advantages and
capabilities, and possible other uses of the platform for
additional business segments. 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 is not responsible for the contents of third-party
websites.
INVESTOR RELATIONS
CONTACTS:
Chris Tyson Executive Vice
President MZ Group - MZ North
America
949-491-8235 SFET@mzgroup.us www.mzgroup.us
Gary Guyton MZ Group - MZ North America 469-778-7844
SFET@mzgroup.us www.mzgroup.us
Michal Efraty+972-(0)52-3044404 michal@efraty.com
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