GlobeX Data Ltd. (OTCQB: SWISF) (CSE:SWIS) ('GlobeX' or the 'Company'), the leader in Swiss hosted cyber security and Internet privacy solutions for secure data management and secure communications, is pleased to announce that it has rebranded DigitalSafe, its data security, collaboration suite, password management and secure email security solution, as part of its new push for its Sekur brand of privacy and security solutions.

The new brand is to be called SekurSafe and replaces DigitalSafe. SekurSafe will retain all the functions of the old DigitalSafe, including the SekurMail encrypted email solution with real time archiving, data loss prevention, antiphishing and anti-BEC attack technology called SekurSend. GlobeX has already rebranded its website and is launching the new website for SekurSafe in August 2020. The service will be accessible both from the SekurSafe and the Sekur websites.

Alain Ghiai, CEO of GlobeX Data said: 'As part of our Sekur brand launch, we have decided to complete all our branding efforts before the end of the summer, as we are expecting an increase in activity from all our distributors worldwide and this was a good time to complete the branding effort we have embarked on. SekurSafe is also going to benefit from some enterprise features we are planning to add this year. SekurSafe is part of a bigger effort to launch our Sekur brand which is being launched this month as well. DigitalSafe was the last of our three brands to be unified under the Sekur suite of privacy and security solutions and we are very happy to report that the transition to SekurSafe branding has been smooth and we expect the new website to be launched in the next few days. We had to act fast, in order to complete the transition before our emerging market distributors restart their activity, as business is slowly returning after the lock downs imposed by the COVID-19 global pandemic. We are also excited to be announcing the newest distributor of SekurSafe in the coming days, as soon as we get the all clear from the distributor to make the announcement. This distributor is a household name in over 100 countries and is a publicly traded company on the NYSE.'

About GlobeX Data Ltd.

GlobeX Data Ltd. is a Cybersecurity and Internet privacy provider of Swiss hosted solutions for secure data management and secure communications. The Company distributes a suite of secure cloud-based storage, disaster recovery, document management, encrypted e-mails, and secure communication tools. 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.

Contact:

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.

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