Sekur signs distribution agreement with Taxlibris

Executive Summary

• Sekur Private Data Ltd. has entered into a distribution agreement with Taxlibris Lda. to promote its Swiss-hosted privacy communications solutions in Portugal, the Republic of Ireland, and Spain.
• The agreement targets corporate entities and potential telecom partners in these three European markets, marking Sekur's initial expansion into Europe.
• Sekur’s platform offers encrypted email, messaging, and VPN services designed to protect high-value clients from cyber threats like business email compromise (BEC) and AI-based hacks, leveraging Swiss data protection laws for security.

Key Details

• Parties Involved: Sekur Private Data Ltd. (Provider) and Taxlibris Lda. (Distributor).
• Geographic Scope: Portugal, Republic of Ireland, and Spain.
• Target Audience: Corporate entities in the specified regions and potential telecom partners.
• Product Suite: Includes SekurSend (encrypted email), Chat by Invite (messaging), and VPN.
• Key Features:
  • Proprietary platform hosted exclusively in Switzerland.
  • No contact or data mining.
  • No location mining.
  • Secure communication without divulging phone numbers or identity.
• Strategic Context: CEO Alain Ghiai described this as the "beginning of our foray in Europe" and part of a strategy to increase sales and shareholder value through trusted distributors.
• Market Context: The agreement aims to address exponentially increasing cyber attacks, specifically business email compromise (BEC) and AI-based threats, over the last six months.

Notable Quotes

• Pedro Texeira, CEO of Taxlibris: "Sekur is a suite of communication applications offering unmatched security and top-tier functionality... We believe in the strength and integrity of the product, and are therefore committed to making every effort to promote it to its intended audience."
• Alain Ghiai, CEO of Sekur: "This new distribution agreement is the beginning of our foray in Europe and we believe Sekur can deliver the solutions to the large cybersecurity problems plaguing European companies... Sekur is meant to protect against phishing, business e-mail compromise attacks, AI hacks, and chat and SMS hacks."