Stockhouse New Listing Alert: GlobeX Data Ltd. (CSE: SWIS) now listed on the CSE
July 23, 2019 in Media & Press
GlobeX Data Ltd. (CSE:SWIS, Forum) has successfully listed on the Canadian Securities Exchange via IPO, and now trades under the symbol SWIS. At time of publication, shares were trading at $0.30. The Company recently closed its initial public offering of Common Shares and Tradable Warrants, the net proceeds of which will go toward working capital, and also fund its business development campaign as well as software development.
Operating in the security technology sector, GlobeX Data distributes a suite of secure cloud-based tools for communication, storage, encrypted emails, document management and collaboration. It offers the following products to its clients, who range from consumers to small and medium-sized enterprises, as well as worldwide governments:
- DigitalSafe: A secure data storage, collaboration, file share, password manager, and encrypted email all-in-one service.
- PrivaTalk: A communications suite that offers encrypted voice, video and chat with auto-destruct timer, file transfer of files up to 100MB, and an encrypted email powered by the Company’s Custodia email engine.
- Custodia: Offers encrypted email, granular permissions and is compatible with all mail clients and includes 5GB for data transfer per email. The SecureSend feature allows users to send highly encrypted and private emails to other recipients inside and outside any organization.
GlobeX Data founder and CEO Alain Ghiai noted for investors that going public and trading on the CSE brings both responsibilities and rewards:
“The process of starting a company from the beginning, as opposed to merging with an existing public company through an RTO, has been very challenging and very enriching and informative at the same time. There is a great satisfaction as we begin the journey with a handful of supportive shareholders.”
CEO Ghiai called cybersecurity vulnerabilities a global problem that is growing exponentially. The value is poised to reach $250 billion by 2023:
“We have taken the approach to focus on the long-term growth of the business and we are ready to face the challenges and the rewards that come with it, and our shareholders support this long-term vision. Cybersecurity is an issue that concerns all consumers, businesses and governments alike.”
The Company houses all its secure servers in Switzerland (excluding some government organizations that need on-premise data residency).
For more information and investment inquiries, contact:
From article on Stockhouse.com: https://stockhouse.com/news/newswire/2019/07/23/new-listing-alert-globex-data-ltd-cse-swis-now-listed-on-cse