NetNut expands its presence in the price comparison market with new customers from the travel-industry
Tel Aviv, Israel, Dec. 28, 2022 (GLOBE NEWSWIRE) — 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 partnerships will enable NetNut to tap the growing PWC market and establish itself as a leader in proxy solutions.
“We are delighted to partner in the price comparison site market with new customers, as it allows for us to strengthen our presence within the travel industry, which is a highly competitive market for customers. “We are confident that our solutions provide valuable benefits to our customers, allowing them offer their users an efficient, competitive experience,” Shachar Daniel, Safe-T Chief Executive Officer, said.
NetNut has recently announced that it has increased its usage volume by more than doubling and that it now processes over 36 billion customer requests. This is due to the addition of strategic customers and the expansion of NetNut’s network, which can process billions of requests.
About Safe-T Group Ltd.
Safe-T Group Ltd., Nasdaq: SFET (TASE: SFET), a global provider cyber-security and privacy services to businesses and consumers is a company called Safe-T Group Ltd. The Company operates three distinct segments: enterprise security solutions, consumer cybersecurity and privacy solutions, as well as enterprise cyber-security solutions.
Our cybersecurity and privacy solutions provide consumers with a broad security layer against viruses, ransomware, phishing and other online threats. They also offer strong, secure, encrypted connections that mask their online activity and keep them safe from hackers. These solutions can be used by both basic and advanced users to provide complete protection of all digital and personal 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 includes both exit points that are based on our own reflection technology as well as hundreds of servers hosted by our ISP partners around world. The infrastructure is designed optimally to guarantee privacy, quality, stability, speed, and speed.
Our reseller offers cybersecurity solutions to enterprises. TerraZone Ltd.Global information security provider. 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.
Visit Safe-T for more information www.safetgroup.com
About NetNut Ltd.
NetNut Ltd., which is a wholly-owned subsidiary of Safe-T Group Ltd. provides reliable and scalable proxy services for web data extraction and web scraping. NetNut offers the most efficient and speediest way to extract web data from the internet. 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 designed optimally to guarantee privacy, quality, stability, speed, and speed.
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. Safe-T does not have the obligation to release any revisions or modifications to the forward-looking statements other than as required by law.
INVESTOR RELATIONS CONTACTS
Michal Efraty
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