GlobeX Data
Announces Application to Uplist to OTCQX Listing in the United
States
Toronto, Ontario, and New York
-- January 19, 2022 -- InvestorsHub NewsWire
-- NY GlobeX Data Ltd. (OTCQB:SWISF) (CSE:SWIS) ("GlobeX" or the "Company"), the leader in Swiss
hosted secure communications and secure data management, is pleased
to announce that, after discussing its qualifications with the OTC
Markets management, it has submitted an application for uplisting
to the OTCQX marketplace, from its existing listing on the OTCQB
marketplace. The listing of the Company's
common shares on the OTCQX remains subject to the approval of the
OTCQX and the satisfaction of applicable listing
requirements.
The Company meets several
requirements in accordance with OTCQX listing requirements, under
the OTCQX International Tier Initial Eligibility Criteria. However,
in order for the application to be accepted, the Company shall
submit its 2021 audited financial statements, as per OTC Markets
regulations as soon as the audited financials are ready. The
Company anticipates its audited year end 2021 financial statements
to be completed by March 15 2022 or sooner and is working closely
with its auditors in order to meet this goal. According to OTC
Markets, once the financials have been submitted, it should take a
few weeks for final approval and the shares effectively listing on
the OTCQX. There will be no symbol change and everything else shall
remain the same. Shareholders do not need to do
anything.
OTCQX is the top
tier of three markets organized by OTC Markets Group Inc. for
trading over-the-counter securities, and is designed for
established, investor-focused U.S. and international companies. To
qualify for the OTCQX market, companies must meet high financial
standards, follow best practice corporate governance, demonstrate
compliance with U.S. securities laws, and be current with their
disclosure. Investors can find current market information and
real-time quotes for the Company on www.otcmarkets.com.
Alain Ghiai, CEO of GlobeX Data
said: "We are very pleased to be able to qualify to list on the
OTCQX this year. Listing on higher quality exchanges, and more
liquid exchanges, is one of the ways we can contribute to the
general liquidity of our securities. With many US and foreign
investors already in our rosters, and with the Company being
recognized more and more as a leader in private and secure
communications, we are attracting new investors that are looking to
invest in the long-term success of the Company. These investors are
global, and when it comes to trading our security in the USA, they
are looking at the quality of the exchange, and the liquidity of
the securities. OTCQX meets such rigorous quality standards that
foreign investors are looking for. It also demonstrates that GlobeX
is meeting strict guidelines for listing, transparency and high
ethical standards. I look forward to announcing our completion of
listing on the OTCQX, and I would like to thank all our
shareholders and customers for their continued support of GlobeX
Data."
Sekur,
which includes SekurMessenger
as part of a bundle of email,
messaging and file transfer into one app solutions, includes the
Company's latest SekurMail technology, which includes proprietary
anti-phishing and privacy feature called
SekurSend®. SekurSend® lets a user send email to any other recipient, whether they
have Sekur
or not, in full privacy and
security as the email never leaves Sekur's
encrypted email servers based in Switzerland. The recipient can
then click on the notification and reply in the same manner using
SekurReply®, without the recipient having to register for
a Sekur
account. The sender can also decide
to protect any email sent by adding a password to open it, a
read-limit and a self-destruct timer as well. Sending an email with
the SekurSend® feature allows the senders and recipients to
add limitless size attachments to the emails without crowding the
recipients' email box. This also eliminates BEC attacks for
businesses and email phishing attacks. Additionally, SekurMail
includes full control of email delivery, automatic data export for
large Enterprises and an automatic Data Loss Prevention technology
("DLP") with real time continuous archiving.
Recent data breaches in messaging
applications and in particular in the WhatsApp application have
created a certain urgency for businesses and data privacy advocates
to protect their communications form cyber-attacks and identity
theft via mobile and desktop devices.
SekurMessenger
eliminates many of the privacy and
security risks by not only not requiring a phone number, which
would divulge a user's phone device ID, but also by not social
engineering a user's phone or computer contact list and infecting
the contacts by default as well, eliminating a huge loophole in
security and privacy. SekurMessenger
issues each user a username and a
SM number. The SM number is the contact ID a user would disclose in
order for other SM users to be added. The service comes with a
self-destruct timer and other features as well, including GlobeX's
proprietary VirtualVaults and HeliX technologies with all data
stored in Swiss hosted encrypted servers.
Additionally, SekurMessenger
now comes with a proprietary
feature and technology called Chat by Invites. This feature allows
a SekurMessenger
user ("SM user") invite a non-SM
user, or a group of non-SM users, to chat in a fully private and
secure way, without the recipient ever having to register to
SekurMessenger
or download the app. At the end of
the chat, the initiator of the conversation can remotely terminate
the conversation and all traces of the conversation are deleted
from all users, including the recipient. This unique feature is now
fully deployed and functional on all iOS and Android devices and
web platforms. The target sectors are numerous, including but not
limited to real estate, legal, financial, government, energy,
mining, manufacturing, trade and medical sectors.
GlobeX's Data privacy solutions are
all hosted in Switzerland, protecting users' data from any outside
data intrusion requests. In Switzerland, the right to privacy is
guaranteed in article 13 of the Swiss Federal Constitution. The
Federal Act on Data Protection ("FADP") of 19 June 1992 (in force
since 1993) has set up a strict protection of privacy by
prohibiting virtually any processing of personal data which is not
expressly authorized by the data subjects. The protection is
subject to the authority of the Federal Data Protection and
Information Commissioner.
Under Swiss federal law, it is a
crime to publish information based on leaked "secret official
discussions." In 2010 the Federal Supreme Court of Switzerland
found that IP addresses are personal information and that under
Swiss privacy laws they may not be used to track Internet usage
without the knowledge of the individuals involved.
About GlobeX
Data Ltd.
GlobeX Data Ltd. is a Cybersecurity
and Internet privacy provider of Swiss hosted solutions for secure
communications and secure data management. The Company distributes
a suite of encrypted e-mails, and secure communication tools,
secure cloud-based storage, disaster recovery and document
management. GlobeX Data Ltd. sells its products directly through
its websites, through its approved wholesalers and distributors,
and telecommunications companies worldwide. GlobeX Data Ltd. serves
consumers, businesses and governments worldwide.
On behalf of
Management
GLOBEX DATA
LTD.
Alain
Ghiai
President and
Chief Executive Officer
+1.416.644.8690
corporate@globexdata.com
For more
information, please contact GlobeX Data at
corporate@globexdatagroup.com or visit us at
https://globexdata.com.
For more
information on Sekur visit us at:
https://www.sekur.com .
Forward Looking
Information
This news release contains certain
forward-looking information within the meaning of applicable
Canadian securities laws ("forward-looking statements"). All
statements other than statements of present or historical fact are
forward-looking statements. Forward-looking statements are often,
but not always, identified by the use of words such as
"anticipate", "achieve", "could", "believe", "plan", "intend",
"objective", "continuous", "ongoing", "estimate", "outlook",
"expect", "project" and similar words, including negatives thereof,
suggesting future outcomes or that certain events or conditions
"may" or "will" occur. These statements are only predictions. These
statements reflect management's current estimates, beliefs,
intentions and expectations; they are not guaranteeing future
performance. GlobeX cautions that all forward-looking statements
are inherently uncertain and that actual performance may be
affected by a number of material factors, many of which are beyond
GlobeX's control. Such factors include, among other things: risks
and uncertainties relating to the future of the Company's business;
the success of marketing and sales efforts of the Company; the
projections prepared in house and projections delivered by channel
partners; the Company's ability to complete the necessary software
updates; increases in sales as a result of investments software
development technology; consumer interest in the Products; future
sales plans and strategies; reliance on large channel partners and
expectations of renewals to ongoing agreements with these partners;
anticipated events and trends; the economy and other future
conditions; and other risks and uncertainties, including those
described in GlobeX's prospectus dated May 8, 2019 filed with the
Canadian Securities Administrators and available on
www.sedar.com. Accordingly,
actual and future events, conditions and results may differ
materially from the estimates, beliefs, intentions and expectations
expressed or implied in the forward-looking information. Except as
required under applicable securities legislation, GlobeX undertakes
no obligation to publicly update or revise forward-looking
information.
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