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    SWIS   CA3795811015


SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

GlobeX Data Starts Sales of SekurMessenger with America Movil's Telcel - Aims to Replace WhatsApp for Business Users throughout Latin America

06/22/2021 | 10:45am EDT

TORONTO - GlobeX Data Ltd. (OTCQB: SWISF) (CSE: SWIS) (FRA: GDT, Financial) ('GlobeX' or the 'Company'), the leader in Swiss hosted secure communications and secure data management, is pleased to report that it has officially started the commercial launch of its SekurMessenger Swiss hosted messaging security and privacy solution in Latin America.

As previously announced in a separate press releasedated January 12 2021, GlobeX is launching SekurMessenger, its Swiss hosted encrypted instant messaging, secure voice recording transfer and secure file transfer application, with America Movi's Telcel mobile operator in Mexico. The secure messaging service has been fully integrated with Telcel's billing and provisioning platform and the Company has performed sales training to Telcel's corporate sales managers and is already receiving requests for the solution. GlobeX is now moving towards training Telcel's vast distributors network throughout Mexico City first, and nationwide in the next six months. Telcel independent distributors generate over 70% of mobile phone line sales in Mexico for Telcel. Sales of SekurMessengerwill start first in Mexico and expand to other countries where America Movil operates through its Claro brand, such as Colombia and other Latin American countries as the business grows over the coming years. GlobeX estimates that sales to other Latin American countries served by America Movi's Claro brand will start in the second half of 2022.

GlobeX Data and America Movil are looking at offering a secure and private alternative to other non-secure and non-private messaging applications. The market is geared primarily for business and government users, and privacy conscious consumers. According information published on America Movi's website, Telcel is the largest mobile operator in Mexico, with over 75 million mobile subscribers. America Movil (NYSE:AMX) is the 7 th largest telecom operator in the world with over 277 million mobile subscribers in over 20 countries throughout Latin America and Europe.

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 secure encrypted e-mails, and secure communication tools, secure cloud-based storage, disaster recovery and document management. GlobeX Data Ltd. sells its products through its approved wholesalers and distributors, and telecommunications companies worldwide. GlobeX Data Ltd. serves consumers, businesses and governments worldwide.


Alain Ghiai

Tel: +1.416.644.8690

Email: corporate@globexdatagroup.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.

(C) 2021 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
AMÉRICA MÓVIL, S.A.B. DE C.V. -0.77% 18.06 End-of-day quote.24.64%
GLOBEX DATA LTD. 3.75% 0.415 Delayed Quote.167.74%
GRUPO FINANCIERO INBURSA, S.A.B. DE C.V. -0.21% 18.81 End-of-day quote.-6.23%
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Sales 2020 0,03 M 0,02 M 0,02 M
Net income 2020 -1,32 M -1,04 M -1,04 M
Net cash 2020 0,49 M 0,39 M 0,39 M
P/E ratio 2020 -6,41x
Yield 2020 -
Capitalization 43,9 M 34,6 M 34,7 M
EV / Sales 2019 218x
EV / Sales 2020 312x
Nbr of Employees -
Free-Float 40,7%
Duration : Period :
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Managers and Directors
Alain Mehdi Ghiai-Chamlou President, CEO, Secretary & Director
Scott C. Davis Chief Financial Officer
Henry Sjoman Independent Director
Amir Assar Independent Director
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