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Thursday, February 23, 2023

#AIEye #Podcast 758: #AI #Stocks discussed: (NasdaqGS: $BIDU) (NasdaqGM: $JG) (NYSE: $PERF)



 

 

#AIEye #Podcast 758: #AI #Stocks discussed: (NasdaqGS: $BIDU) (NasdaqGM: $JG) (NYSE: $PERF)

 

Aurora Mobile Partners with Baidu, and Perfect Corp. Launches Update to AI Skin Analysis Solution

 

Global #MobileAI Market to Reach $80.5B by 2030

 

Vancouver, Kelowna, Delta, BC – February 23, 2023  Investorideas.com, a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-watching stock news, deal tracker and advancements in artificial intelligence

 

Today’s  podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2023/022323-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/02231BIDU-JG-PERF.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (NasdaqGS:BIDU) (NasdaqGM:JG) (NYSE:PERF)

 

Aurora Mobile Limited (NasdaqGM:JG) has announced that it has become one of the first ecosystem partners of ERNIE Bot, a generative AI chatbot developed by Baidu, Inc. (NasdaqGS:BIDU). This partnership between the two firms will see Aurora “access ERNIE Bot and apply Baidu’s leading intelligent dialogue technology in its customer engagement and marketing technology services.” According to the press release, moving forward, Aurora “will cooperate with Baidu in related product development, standards formulation, and jointly develop AI-driven solutions to address enterprises’ needs in omni-channel user engagement leveraging technology sharing, training and joint marketing.”

 

Augmented reality (AR) and AI beauty and fashion tech solutions provider Perfect Corp. (NYSE:PERF) has announced the launch of a 2023 update to their award-winning AI Skin Analysis solution. Leveraging the latest advancements in AI, AR, and machine learning technology, the update includes new features which offer skin analysis in real time through live video, and “allows skincare shoppers to receive the most accurate personalized skincare regimen and product recommendations, and offers a downloadable skin report with actionable tips.” Perfect Corp.’s Founder and CEO, Alice Chang, said:

 

"With personalized experiences becoming increasingly important to consumers, skincare brands need a robust solution to help them deliver the best possible advice. Our improved AI Skin Analysis solution, addresses these consumer needs, and affords brands a comprehensive end-to-end tool that allows their customers to identify their skin issues and find suitable products in a hyper-visual, interactive, and engaging way."

 

 

Global Mobile AI Market to Reach $80.5B by 2030

 

A report published by Market Research Future finds that the global market for Mobile AI is projected to reach $80.5 billion USD by 2030, registering a compound annual growth rate (CAGR) of 24.25 percent in the forecast period 2022-30. An excerpt from the report summary outlines some factors impacting the market’s growth:

 

Al algorithms use a large amount of data to learn and train the AI models which gives mobile phones an ability to predict the users’ behavior and take actions accordingly on their behalf. AI chipsets are being used to increase the computational power of mobile devices and make them run AI-enabled applications.

 

The increasing demand for on-device AI processing is driving the growth of the mobile AI market. AI-enabled processors help mobile devices to better process machine learning tasks, gain performance, and energy saving features which boost the user experience. This has led to an increase in demand for on-device AI processing.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

For a list of artificial intelligence stocks on Investorideas.com visit here

 

Podcast sponsor: 


AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.

About Investorideas.com - Big Investing Ideas

We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. 

 

The Investorideas.com podcasts are also available on Apple Podcasts ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts  and most audio platforms available.

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp Disclosure: APCX is a paid featured fintech stock on Investorideas.com 

 

The AI Eye-  Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com

 

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Get more Technology stock investor ideas - news, articles, podcasts and stock directories

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tuesday, February 21, 2023

Q&A Interview with CEO of Alarum Technologies Ltd. (NASDAQ: $ALAR) Discussing New Direction of the Company; @AlarumTech

 

Q&A Interview with CEO of Alarum Technologies Ltd. (NASDAQ: $ALAR) Discussing New Direction of the Company; @AlarumTech 

 


Vancouver Kelowna, Delta, BC – February 21, 2023 - Investorideas.com, a leading investor news resource covering tech stocks releases an exclusive Q&A interview featuring Mr. Shachar Daniel, CEO of  Alarum Technologies Ltd. (http://alarum.io/) (Nasdaq & TASE: ALAR).

 

Alarum Technologies Ltd. is a global provider of internet access solutions. The Company operates in two distinct segments: solutions for enterprises and solutions for consumers.

 

Read this news, featuring ALAR in full at https://www.investorideas.com/news/2023/defense/02211ALAR-Interview-CEO-New-Direction.asp

 

Q&A Interview:

 

InvestorIdeas

Q: Shachar, thanks for taking the time today to give us insight on recent developments at Alarum Technologies. You have announced a change in name and your stock symbol and also the shift in focus for the company. For readers that are new to the story, can you tell us about the re-branding and the new strategy going forward?

 

Mr. Shachar Daniel, CEO

A: Alarum is a global provider of enterprise and consumer internet access solutions. We provide enterprise customers and private consumers advanced tools to support their data collection and privacy needs. Our new name and the rebranding as Alarum are the result of the restructuring and refocus of our strategy, which we have worked on  in the last couple of years, and reflect our transition from a traditional enterprise cybersecurity-centered company to an established leading provider of enterprise and consumer internet access solutions.

 

 

InvestorIdeas

Q: At the end of January you announced preliminary guidance of revenues, and expect to report revenues for the full year of more than $18.5 million, compared to revenues of $10.3 million reported in 2021. Can you give our readers some insight as to what ALAR has achieved over the last year to build revenue?

 

Mr. Shachar Daniel, CEO

A: I would like to take it one more step backwards to the third quarter of last year (2021), as we presented $3.3 million in revenues and a non-IFRS loss of $3.2 Million -Since than we have shown a significant   growth with $4.8$ Million in revenue, and with net non-IFRS loss significantly decreasing to $1.7 Million and we expect to reach another record in revenue with for the $18.5 million for the entire year of 2022. 2022 was mainly characterized by our ability to decrease our loss and burn rate while at the same time maintain our growth, recurring revenues and future revenues

 

 

InvestorIdeas

Q: You recently came out with a letter to your shareholders and talked about reducing your burn rate. Can you discuss this in more detail?

 

Mr. Shachar Daniel, CEO

A: We believe that under current market's climate - the reduction in our burn rate, together with becoming cash flow positive and maintaining a strong cash position - are key in our path to maintain our growth momentum and provide value for our shareholders.

 

 

InvestorIdeas

Q: Can you give our readers a deeper look at NetNut Ltd. and the value it adds to Alarum’s technology and platform moving forward?

 

Mr. Shachar Daniel, CEO

A: We are really excited about NetNut's accomplishments to date, including generating revenue growth quarter after quarter and becoming cash flow positive. NetNut is well positioned as a world leading brand in the field of data access. It offers a global web data collection cloud service, based on our proprietary traffic optimization and routing technology and network. During 2022, we doubled our network's infrastructure, which is now able to support and process billions in client requests. The scaleup in our capabilities is a result of the onboarding of several strategic customers, as well as the expansion of NetNut's network by partnering with tens of Internet Service Providers.

 

 

 

InvestorIdeas

Q: We talked about NetNut Ltd, Can you talk to us about the second side of your business, the consumer business?

 

Mr. Shachar Daniel, CEO

A: Both activities are link by providing customers with advance internet access solutions. While NetNut targets the enterprise world, CyberKick approaches the consumer market and offers internet access privacy and cybersecurity solutions. Our consumer-side solutions are designed to allow users to take charge of their online privacy with a powerful, secured and encrypted connection. These solutions are installed on the consumers’ computers or mobile phones and are available via various browser and mobile applications stores.

 

CyberKick’s business model is very attractive. Investing in acquiring new users allows us to build revenue-generating assets, which are expected to yield future revenue streams. Thanks to this unique model we have successfully secured funding from a strategic investor that chose to invest directly in our customer acquisition program, as well as a credit line for working capital from a leading Israeli commercial bank to support this operation.

 

 

InvestorIdeas

Q: In closing is there anything else you would like to share with our readers about the vision for the Company?

 

Mr. Shachar Daniel, CEO

A: Market conditions in the past year were challenging and very volatile, and Alarum's market position suffered as a result. Recent suspicion in the market, regarding the allegation made by several small-cap companies about illegal trading in their shares, are consistent with our own suspicions that performance of our stock is indeed suffering from abusive short selling This creates an artificial impact on trading of shares, which is completely unrelated to the company’s actual performance and achievements and as a result, damages shareholders. We believe that by taking the right decisions for our business, our future plans and execution will be better reflected, for the benefit of the company and our shareholders.  

 

 

About Alarum Technologies Ltd.:

 

Alarum Technologies Ltd. (Nasdaq: ALAR) is a global provider of internet access solutions. The Company operates in two distinct segments: solutions for enterprises and solutions for consumers.

 

The solutions by NetNut, our Enterprise Internet Access arm, are based on our world’s fastest and most advanced and secured hybrid proxy network, enabling our customers to collect data anonymously at any scale from any public sources over the web. Our network comprises both exit points based on our proprietary reflection technology and hundreds of servers located at our ISP partners around the world. The infrastructure is optimally designed to guarantee the privacy, quality, stability, and the speed of the service.

 

Our Consumer Internet Access arm offers privacy and cybersecurity solutions to end users. These solutions are designed to allow users to take charge of their online privacy with a powerful, secured and encrypted connection. The solutions are designed for basic and advanced use cases, ensuring complete protection of personal and digital information.

 

The Company's previously developed cybersecurity solutions for enterprises are offered by an information security provider, as a solution or cloud service.

 

For more information about Alarum and its privacy and cybersecurity solutions for enterprises and consumers, please visit www.alarum.io.

 

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Subscribe to our new YouTube channel

 

About Investorideas.com - Big Investing Ideas

We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles.. Our site does not make recommendations for purchases or sale of stocks, services or products.  This is not investment opinion: Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring ALAR is a paid for news release on Investorideas.com - More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Friday, February 17, 2023

New #Stocks and #TradingIdeas (NYSE: $BBAI) (NasdaqGM: $SOUN) (TSXV: $WISH.V) (TSXV: $PEAS.V) (TSX: $FLOW.TO) (CSE: $WSR.C) (TSX: $PRB.TO)

New #Stocks and #TradingIdeas (NYSE: $BBAI) (NasdaqGM: $SOUN) (TSXV: $WISH.V) (TSXV: $PEAS.V) (TSX: $FLOW.TO) (CSE: $WSR.C) (TSX: $PRB.TO)

 

#AI, #PlantBased, #Beverage and #Mining Stocks Added to Investor Ideas Free Stock Directories

 

 



 

 

Vancouver, Kelowna, Delta, BC, February 17, 2023 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces its weekly roundup of stocks to watch in AI, Plant-Based, Beverage and Mining. Today’s stocks have been added to our lists of free stock directories in each sector.

 

Read this in full at

https://www.investorideas.com/news/2023/main/02171Stocks.asp

 

The newest AI companies work in the intelligence community, provide voice AI and advertising using AI, respectively.

 

The latest plant-based and beverage companies are involved in high protein specialty crops and bottled water, respectively.

 

The newest mining companies have operations in Canada.

 

New Stocks added to the AI Stocks List:

BigBear.ai Holdings, Inc. (NYSE:BBAI) delivers AI-powered analytics and cyber engineering solutions to support mission-critical operations and decision-making in complex, real-world environments. BigBear.ai’s customers, which include the US Intelligence Community, as well as customers in manufacturing, logistics, commercial space, and other sectors, rely on BigBear.ai’s solutions to see and shape their world through reliable, predictive insights and goal-oriented advice. Headquartered in Columbia, Maryland, BigBear.ai has additional locations in Virginia and Michigan.

 

SoundHound AI, Inc. (NasdaqGM:SOUN) a leading innovator of conversational intelligence, offers an independent voice AI platform that enables businesses across industries to deliver best-in-class conversational experiences to their customers. Built on proprietary Speech-to-Meaning® and Deep Meaning Understanding® technologies, SoundHound’s advanced voice AI platform provides exceptional speed and accuracy and enables humans to interact with products and services like they interact with each other—by speaking naturally. SoundHound is trusted by companies around the globe, including Hyundai, Mercedes-Benz, Pandora, Qualcomm, Netflix, Snap, Square, LG, VIZIO, KIA, and Stellantis.

 

Wishpond Technologies Ltd. (OTCQX: WPNDFTSXV: WISH) is a provider of marketing-focused online business solutions. Wishpond's vision is to become the leading provider of digital marketing solutions that empower entrepreneurs to achieve success online. The Company offers an "all-in-one" marketing suite that provides companies with marketing, promotion, lead generation, and sales conversion capabilities on one integrated platform. Wishpond replaces disparate marketing solutions with an easy-to-use product, for a fraction of the cost. Wishpond serves over 4,000 customers who are primarily small and medium-sized businesses (SMBs) in a wide variety of industries. The Company has developed cutting-edge marketing technology solutions and continues to add new features and applications with great velocity. The Company employs a Software-as-a-Service (SaaS) business model where substantially all the Company's revenue is subscription-based recurring revenue which provides excellent revenue predictability and cash flow visibility. AI: Our wholly-owned subsidiary, Brax.io, has launched Braxy, a new and easy to use AI-powered advertising solution for businesses. Braxy's AI powered platform automatically creates and optimizes campaigns to allow businesses to attract more customers in less time. Businesses can use Braxy to create ads that target a more precise customer profile that purchases their products and services. The Company believes that using the Braxy platform will allow businesses to achieve significantly better results compared to managing Google ads on their own, and at a fraction of the cost of hiring a full-service agency.

 

New Stocks added to the Plant-Based Stocks List:

Global Food and Ingredients Ltd. (TSXV: PEAS) is a fast-growing Canadian plant-based food and ingredients company, connecting the local farm to the global supply chain for peas, beans, lentils, chickpeas and other high protein specialty crops. GFI is organized into four primary business lines: Pea Protein Inputs, Plant-Based Ingredients, Plant-Based Pet Food Ingredients and Plant-Based Consumer Packaged Goods. Headquartered in Toronto, GFI buys directly from its extensive network of farmers, processes its products locally at its four wholly-owned processing facilities in Western Canada and ships to 37 countries across the world. GFI's vision is to become a vertically integrated farm-to-fork plant-based company providing traceable, locally sourced, healthy and sustainable food and ingredients. Through recent acquisition and development activities, GFI now offers a full suite of Plant-Based Consumer Packaged goods with over 20 SKUs under the Yofiit, Bentilia and Five Peas in Love brands.

 

New Stocks added to the Beverage Stocks List:

Flow Beverage Corp. (OTCQX: FLWBFTSX: FLOW) is one of the fastest-growing premium water companies in North America. Founded in 2014, Flow’s mission since day one has been to reduce environmental impacts by providing sustainably sourced naturally alkaline spring water in a recyclable and up to 75% renewable, plant-based pack. Today, the brand is B-Corp Certified with a best-in-class score of 126.5, offering a diversified line of health and wellness-oriented beverage products: original naturally alkaline spring water, award-winning organic flavours, collagen-infused and vitamin-infused flavours in sizes ranging from 330-ml to 1-litre. All products contain naturally occurring electrolytes and essential minerals and support Flow’s overarching purpose to “bring wellness to the world through the positive power of water.” Flow beverage products are available online at flowhydration.com and are sold at over 46,000 stores across North America.

 

New Stocks added to the Mining Stocks List:

Western Star Resources Inc. (CSE:WSR) is a mineral exploration and development company. The Company’s objective is to increase shareholder value through the development of exploration properties using cost effective exploration practices, acquiring further exploration properties, and seeking partnerships by either joint venture or sale with industry leaders. The Company currently owns nine non-surveyed contiguous mineral claims totalling 2,797 hectares which are located within the Revelstoke Mining Division of British Columbia. The Western Star Property Group is located approximately 50 kilometers southeast of Revelstoke, British Columbia, and roughly 10 kilometers north of the abandoned community of Camborne. Access to the Camborne area is via paved highway from either Revelstoke or Nakusp. Access to the Property area is best via helicopter from Revelstoke or Nakusp.

 

Probe Gold Inc. (TSX:PRB) is a leading Canadian gold exploration company focused on the acquisition, exploration, and development of highly prospective gold properties. The Company is committed to discovering and developing high-quality gold projects, including its key asset the multimillion-ounce Novador Gold Project, Québec. The Company is well-funded and controls a large land package of approximately 1,500-square-kilometres of exploration ground within some of the most prolific gold belts in Québec. The Company was formed as a result of the $526M sale of Probe Mines Limited to Goldcorp. Eldorado Gold Corporation currently owns approximately 10% of the Company.

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

About Investorideas.com - Big Investing Ideas

We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. 

 

Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.  

 

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Wednesday, February 15, 2023

#Data #Stock News: Alarum’s (NASDAQ, TASE: $ALAR) NetNut Enters the End-to-End Retail #AI Data Market; @AlarumTech #ArtificialIntelligence

 

#Data #Stock News: Alarum’s (NASDAQ, TASE: $ALAR) NetNut Enters the End-to-End Retail #AI Data Market; @AlarumTech #ArtificialIntelligence

 


Tel Aviv, Israel, February 15, 2023 - (Investorideas.com Newswire) Alarum Technologies Ltd. (www.alarum.io) (Nasdaq, TASE: ALAR (“Alarum” or the “Company”), a global provider of enterprise and consumer internet access solutions, today announced that its Enterprise Internet Access arm, NetNut Ltd. (“NetNut”), is entering the retail artificial intelligence (“AI”) market, landing its first retail customer for its digital technologies and analytics for retail customers.

 

Read this news, featuring ALAR in full at https://www.investorideas.com/news/2023/defense/02151ALAR-NetNut.asp

Retail intelligence data vendors provide retailers, brand owners and e-commerce businesses with the ability to track and analyze the entire retail process—from product sourcing to consumer purchasing. Retail intelligence data platforms provide insights to pricing and availability, product reviews, and inventory analytics, as well as competitor pricing intelligence, store analytics, and more. The analysis of data is a valuable part of the overall strategic planning process, and often reveals many unknowns, which are extremely valuable in the implementation of new strategies, helping businesses make better decisions and develop an effective retail strategy.

 

NetNut provides retail intelligence vendors with a cloud service which allows them to collect retail data at scale from multiple web sites and data sources around the world. Utilizing NetNut’s service, retail intelligence vendors can easily collect business related data, without the need to develop complex data collection solutions, thus freeing the vendor to focus on its business of retail data analysis.

 

The ability to access large amounts of data becomes imperative for businesses in most sectors. Over the past year, NetNut expanded its presence in the e-Commerce market, the detection of advertising frauds and other areas.

 

"As competition in the retail market continues to accelerate, retail vendors are required to upgrade their technological and analytical capabilities, using advanced AI tools and big data, in order to maintain competitive advantages. With an innovative platform that combines data collection at scale and machine learning, NetNut's ability to provide targeted data for retailers, helps such businesses to make data-driven decisions, such as understanding customer behavior and optimizing management of supply chain, get insight into the competition, identify new opportunities, and ultimately optimize their business functions and increase profitability," said Shachar Daniel, Chief Executive Officer of Alarum.

 

Mr. Daniel added "We are proud of the wide network we established at NetNut. We are confident in our ability to provide massive amounts of data and respond to our customers' requirements. We intend to continue to expand our network, as well as develop advanced solutions to meet the industry's needs".

 

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About Alarum Technologies Ltd.

Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) is a global provider of internet access solutions. The Company operates in two distinct segments: solutions for enterprises and solutions for consumers.

 

The solutions by NetNut, our Enterprise Internet Access arm, are based on our world’s fastest and most advanced and secured hybrid proxy network, enabling our customers to collect data anonymously at any scale from any public sources over the web. Our network comprises both exit points based on our proprietary reflection technology and hundreds of servers located at our ISP partners around the world. The infrastructure is optimally designed to guarantee the privacy, quality, stability, and the speed of the service.

 

Our Consumer Internet Access arm offers privacy and cybersecurity solutions to end users. These solutions are designed to allow users to take charge of their online privacy with a powerful, secured and encrypted connection. The solutions are designed for basic and advanced use cases, ensuring complete protection of personal and digital information.

 

The Company's previously developed cybersecurity solutions for enterprises are offered by an information security provider, as a solution or cloud service.

 

For more information about Alarum and its privacy and cybersecurity solutions for enterprises and consumers, please visit www.alarum.io.

 

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws and the Israeli securities law. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Alarum is using forward-looking statements in this press release when it discusses the benefits and advantages of NetNut’s services, acceleration of competition in the retail market and the industry’s needs and its potential to continue to expand its network, as well as develop advanced solutions to meet the industry's needs. Because such statements deal with future events and are based on Alarum’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Alarum could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Alarum’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 29, 2022, and in any subsequent filings with the SEC. Except as otherwise required by law, Alarum undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

 

INVESTOR RELATIONS CONTACTS:

Michal Efraty

+972-(0)52-3044404

investors@alarum.io

 

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