BrandShield Systems PLC - London-based cybersecurity solutions provider - Joins agreement with the Philippine Intellectual Property Authority to establish code of practice for combatting online sales of counterfeit and pirated goods. Agreement aims to protect consumers from buying inferior and potentially dangerous products. BrandShield will work in collaboration with various organisations including Procter & Gamble PLC, Unilever PLC and the British Chamber of Commons of the Philippines, plus e-commerce platforms such as Lazada Group. Company says agreement is the latest "milestone" in its growing presence in Asia, and will enhance cooperation and knowledge sharing. It hopes this will lead to "proactive and effective strategies" to fight intellectual property infringements online.

Chief Executive Officer Yoav Keren says: "Everyone has the potential to be impacted by digital threats, which is why the safeguarding of a brand's online presence is crucial...We are proud to join forces with some of the world's largest companies and organisations, and regional authorities in an effort to protect Asian brands, e-commerce marketplaces and consumers from falling victim to online scams."

Current stock price: 7.05 pence, down 2.7% in London on Tuesday

12-month change: down 23%

By Emma Curzon, Alliance News reporter

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