Safe-T Group: NetNut Strengthens its Presence in the Price Comparison Market with New Travel-Industry Customers
December 28 2022 - 8:30AM
Safe-T Group Ltd. (Nasdaq: SFET) (TASE: SFET) (“Safe-T” or the
“Company”), a global provider of cybersecurity and privacy
solutions to consumers and enterprises, today announced that NetNut
Ltd., the Company's wholly owned subsidiary and enterprise privacy
network unit (“NetNut”), is expanding its presence into the price
comparison market with new customers from the travel sector that
operate price comparison websites (PCW).
These new customers will be utilizing NetNut’s
solutions to improve their price comparison capabilities and offer
their users seamless and competitive business analysis and
increased productivity. These new partnerships will allow NetNut to
tap into the growing PWC marketplace and further establish itself
as a leading provider of proxy solutions.
"We are pleased to partner with new customers in
the price comparison website market, as it allows us to further
strengthen our presence in the travel industry, a competitive
market for our customers. We are confident that our solutions will
provide our customers with valuable benefits, allowing them to
offer their users an efficient and competitive experience," said
Shachar Daniel, Safe-T's Chief Executive Officer.
NetNut recently announced it has doubled its
usage volume and processed over 36 billion customer's requests. The
sharp increase in volume is a result of the onboarding of several
strategic customers, as well as the expansion of NetNut's network
and its ability to process billions of requests
About Safe-T Group Ltd.
Safe-T Group Ltd. (Nasdaq: SFET) (TASE: SFET) is
a global provider of cyber-security and privacy solutions to
consumers and enterprises. The Company operates in three distinct
segments: enterprise privacy solutions, consumer cyber-security and
privacy solutions, and enterprise cyber-security solutions.
Our cybersecurity and privacy solutions for
consumers provide a wide security blanket against ransomware,
viruses, phishing, and other online threats as well as a powerful,
secured, and encrypted connection, masking their online activity
and keeping them safe from hackers. The solutions are designed for
advanced and basic users, ensuring full personal protection for all
personal and digital information.
Our privacy solutions for enterprises are based
on our world’s fastest and most advanced and secured proxy network,
enabling our customers to collect data anonymously at any scale
from any public sources over the web using a unique hybrid network.
Our network comprises both exit points based on our proprietary
reflection technology and hundreds of servers located at our ISP
partners around the world. The infrastructure is optimally designed
to guarantee the privacy, quality, stability, and the speed of the
service.
The cybersecurity solutions for enterprises are
available by our reseller, TerraZone Ltd., a global
information security provider, as a solution or cloud service.
These solutions are designed for cloud, on-premises and hybrid
networks, mitigates attacks on enterprises’ business-critical
services and sensitive data, while ensuring uninterrupted business
continuity. Organizational data access, storage and exchange use
cases, from outside the organization or within, are secured
according to the “validate first, access later” philosophy.
For more information about Safe-T,
visit www.safetgroup.com
About NetNut Ltd.
NetNut Ltd., a wholly owned subsidiary of Safe-T
Group Ltd., is a provider of fast, reliable and scalable proxy
solutions for all web scraping and web data extraction
requirements. By utilizing a dynamic network and delivering
optimized IP pools, NetNut is the ultimate solution for scraping
and collecting web data at high speed and lower rates. NetNut’s use
cases includes web data extraction, market research, Search Engine
Optimization (SEO) monitoring and Search Engine Results Page (SERP)
tracking, price comparison, social media management (SMM),
advertising verification, brand protection, travel aggregation and
more. NetNut’s proxy network comprises exit points based on its
proprietary reflection technology and hundreds of servers located
at its ISP partners around the world. The infrastructure is
optimally designed to guarantee the privacy, quality, stability,
and the speed of the service.
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
NetNut’s expansion into a new market segment, its network’s
performance, the ability of NetNut’s solution to address market
needs and improve customers’ price comparison capabilities. 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
29, 2022, 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.
INVESTOR RELATIONS CONTACTS:
Michal Efraty+972-(0)52-3044404investors@safetgroup.com
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