October 21,
2020 -- Via pennymillions.com
DATA443 (USOTC:
ATDS) - Acquisitions,
parabolic sales and growth margin increases, big named customers
and partners – a breakout is only a matter of time and the upcoming
Q3 report could be the trigger. The PPS started the year
above $0.50. Considering the tip of the iceberg perspective –
if ATDS’s public disclosures are 10% of what’s going on below the
surface, just wait till we get a glimpse of the other
90%.
- Leading video communications platform, ZOOM
(ZM) adopts
DATA443 cyber security and places it at top of first page of cyber
security offerings
- Mr.
Omkhar Arasaratnam who currently serves as Director of Engineering,
Assurant Security for Google recently
joined ATDS Advisory Board
- Growing client list includes ZOOM, AMZN AWS,
SPLK, WORDPRESS, HEWLETT PACKARD, RIPPLE CRYPTO CURRENCY, CITRIX,
NFL TEAMS
- Current actual Industry Market Comps of average
Price to Sales Ratio of 31.65 to 1 supports share price going from
1 cent to over $.73 cents based on 2020 sales of $5
million
- Recent accretive debt
restructuring
See highlights below
from recent Seeking Alpha feature on
ATDS.
Cybersecurity Expert
and Strategic Consultant to Venture
Capitalists
Data443 Risk
Mitigation, Inc. announced that it has appointed Mr. Omkhar
Arasaratnam, a 20-year expert in information technology and
leadership in global cybersecurity projects to its Advisory Board
effective immediately.
Mr. Arasaratnam
currently serves as Director of Engineering, Assurant Security for
Google LLC, and is a Senior Fellow with the NYU Center for
Cybersecurity at the NYU Tandon School of Engineering, and a member
of the NYU Cyber Fellow Advisory Council. Previously, Mr.
Arasaratnam served as Executive Director of Data Project
Engineering at JPMorgan Chase, and has previously led security
organizations at financial and technology institutions, such as
Credit Suisse, Deutsche Bank, TD Bank Group, and IBM. In this
capacity, he has revolutionized the effectiveness of cybersecurity
controls. He is an accomplished author with several granted patents
and has led contributions to many international
standards.
"As someone who has
dedicated my career to cybersecurity, I am honored to join the
Data443 Advisory Board and work with such accomplished peers.
Data443 truly stands out as an innovative leader in data
classification, security, and privacy, with significant momentum.
Data443’s solves these problems today, and I can't wait to start
collaborating with Jason and the team in its mission for data
privacy," commented Mr. Omkhar
Arasaratnam.
Jason Remillard, CEO
of Data443, commented, “As CEO, I am consistently looking for
industry leaders that can add expertise and push the development of
our company forward. Today, we are excited to welcome such an
experienced and high-quality candidate in Omkhar Arasaratnam to the
Data443 team. Omkhar’s vision, passion, and his depth of experience
in precisely the area in which Data443 operates are truly
invaluable and will be instrumental as Data443 continues to expand
its service offerings. Omkhar’s impressive leadership in
cybersecurity coupled with his deep knowledge of banking data
protection and his vast presence in Silicon Valley, will help
Data443 in a variety of ways.”
“We have reconfigured
our advisory board to add important insights to three strategic
areas: product consulting and strategy, acquisition sourcing and
advisory, and capital markets advisory. We are actively filling our
roster with leaders in these respective areas to help Data443 reach
its fullest potential,” concluded Mr.
Remillard.
DATA443 RISK
MITIGATION “KICKS OFF” SPORTS TEAM SALES INITIATIVE WITH SUCCESSFUL
CONTRACT RENEWAL BY THE NFL’S MIAMI
DOLPHINS
Data443 Risk
Mitigation, Inc., a leading data security and privacy software
company announced that it has “kicked off”
its sales initiative focused on sports teams with the contract
renewal by the Miami Dolphins of the National Football League for
the Company’s ARALOC™ Secure Sports Management
platform.
Management
Commentary:
Jason
Remillard, CEO of Data443, commented, “We are proud and excited to
kick off our sales campaign for our ARALOC™ Secure Sports
Management platform with the renewal contract by the Miami
Dolphins. It validates not only our first class solution, it
further demonstrates our capabilities in delivering for
billion-dollar organizations with extremely sensitive data – not
only data that can mean the difference between winning and losing
games, but data that is highly personal and sensitive. Building our
relationships in this segment has been a priority for us, and we
continue to expand our footprint in the sports world, which is not
immune to security breaches. This gives our sales team incredible
motivation, and hopefully leverage, in approaching sports teams and
organizations on every level; professional; amateur; collegiate; we
offer the best solution for all.”
Dr. Alexander Corris,
Senior Director of Football Systems, Miami Dolphins Football Club,
added, “The ARALOC Secure Sports Management Platform has delivered
for us for years. Data443’s enhancements add value to the club for
us and has been even more important to us during these challenging
times. Security, ease of use and the ability to deploy nearly
instantly to our members is key. We hope for further adoption of
the product.”
“This contract renewal
continues what’s been a steady stream of contract renewals we’ve
managed to secure over the past several months, despite the current
pandemic. This is a testament to our long-standing growth strategy
of integrating companies with highly critical and elite
technologies that come with a strong roster of flagship customers
and a track record of contract renewals,” concluded Mr.
Remillard.
DATA443 RISK
MITIGATION SCORES AGAIN SECURES CONTRACT WITH THE NFL’S PITTSBURGH
STEELERS TO PROVIDE THE ARALOC™ SECURE SPORTS MANAGEMENT
PLATFORM
Continues Success in
Delivering Secured Confidential Content to Professional Sports
Teams
Data443 Risk
Mitigation, Inc. announced that its data privacy and
security offering focused on sports teams has scored another
victory – this time with the Pittsburgh Steelers of the National
Football League with the signing of an agreement to provide the
Company’s ARALOC™ Secure Sports Management
platform.
Management
Commentary:
Jason Remillard, CEO
of Data443, commented, “We are very proud to have secured an
agreement with the Pittsburgh Steelers, and to be providing our
ARALOC Secure Sports Management platform to one of the NFL’s most
successful franchises. Winning the Steelers contract was based not
only on our proven ability to deliver high performing service with
the strongest reliability, but also because of our history of
meeting commitments to our clients. After delivering our demo to
the Steelers’ technology group, their initial feedback was, ‘It
just checks all the boxes!’. That statement brought immediate
validation for our capabilities and the timeliness of our solutions
delivering for organizations with extremely sensitive data. This is
a very significant win for us and one which clearly establishes
Data443 as the premier source for delivering secured sensitive team
material with tracking and back-end
analytics.”
Mr. Scott Phelps, Vice
President Technology, Pittsburgh Steelers Football Club, added,
“The platform provides the privacy, security, speed of deployment
and privacy corporate branding that we needed. Our program – like
many – have challenges that are new and unique. These are
surmountable with good people and technology; thus, we are excited
to deploy this to our players, staff and support organization to
ensure the safety and health of everyone involved in the sport. I
feel this is a valuable tool for everyone to
consider.”
Mr. Remillard further
commented, “The information transmitted by NFL teams today (each
are multi-billion-dollar organizations, with incredible financial
implications for winning versus losing) is highly personal and
sensitive, reflecting the challenging situation many organizations
are in today. Regardless of professional, amateur or collegiate
status, every program in the country is under incredible
constraints and must operate in this unique situation. Data443’s
product set is truly ‘fit for purpose’ in this climate, and we were
pleased to onboard the Steelers organization in record time. Our
sales program is expanding to include all other levels and types of
sports,” concluded Mr. Remillard.
DATA443 ACHIEVES
ANOTHER INDUSTRY FIRST: DELIVERS FIRST PRIVACY SCANNER FOR WORLD’S
LEADING VIDEO COMMUNICATIONS PLATFORM (ZOOM) – SECURES FIRST PAGE
ON APP STORE
Data443 Risk
Mitigation, Inc. a leading data security and privacy software
company, today released to the general public its latest advance in
its cloud Global Privacy Manager product line
– Data443
Chat History
Scanner -powered
by the Company’s award winning ClassiDocs™.
Management
Commentary:
Jason Remillard, CEO
of Data443, commented, “Today’s announcement is another key
accomplishment for Data443, and continues the development of our
Global Privacy Manager product segment that includes a plethora of
products that ensure corporate compliance and personal privacy
online – for both consumers and businesses alike. This effort has
taken months of work by our dedicated engineering staff, securing
certification from the vendor, and enabling us to deliver another
world-first product to the
marketplace.”
“The combination of
compliance requirements, massive data collection and storage of
both consumer and commercial information, without the ability to
scan, parse and understand this data in a massively growing virtual
environment, continues to be a significant risk for organizations
of any size. By creating the Data443 Chat History Scanner, we saw a
“blue ocean” opportunity in creating a simple, quick and easy way
to meet these challenges, while aligning Data443 with the global
leader in online video
communications.
“Being on the first
page of security and compliance products in the App Store is
another notch in our belt as we continue to deliver products for a
wide range of SaaS information providers on many platforms. Being
distributed and available on multiple providers is part of our new
approach to expand our business and reach new potential customers,”
concluded Mr. Remillard
DATA443 REPORTS RECORD
SECOND QUARTER RESULTS:
- 80%
INCREASE IN NET BILLINGS
- RECORD SURGE IN NET
BOOKINGS
Jason Remillard, CEO
of Data443, commented, “Today’s results for the first half of 2020
truly highlights the strength of our team, the quality of our
product offerings, and the priority positioning of our industry.
Even in this challenging and unprecedented time of pandemic, we
have proven that we continue to serve our clients and grow our
business, highlighting the urgency and value of our technology
offerings. Our name brand global multinational clients, as well as
our regular mom and pop clients, rely on Data443 for their most
sensitive and important data privacy needs. Our performance is
strong evidence of the important role we play in the security and
success of our clients.”
“We have continued to
execute on our business plan, building momentum on both sales and
product development. We secured new contracts with the Pittsburgh
Steelers and the Miami Dolphins, opening a Company initiative to
expand our offerings to sports teams. We also successfully launched
our Zoom Chat Privacy canner and our WordPress Privacy Badge, both
of which have shown great momentum for us in the early going. We
anticipate that customer growth overall will continue to improve as
more data-driven demands shift from central offices to more home
and remote-based work settings.”
“For the greater part
of 2020, we have dedicated significant time and resources to build
our internal infrastructure, including our Data Center capabilities
and direct to consumer capabilities. We continue to realize the
benefits of product and technology investments made in 2018 and
2019. This is reflected in our continued growth of our deferred
revenues, and our continued extinguishment of short and long-term
debt. Our advanced infrastructure will scale to ensure we can
service our continued expanding client base. We look forward to
building on our relationships with ZM and the NFL – in conjunction
with our existing financial and public services, government and
cloud service providers. As we start the second half of 2020, our
new advisory board member will continue to have special
significance for us, and is already garnering benefits with
analysts and customers alike.”
“I will be holding a
business update conference call on Wednesday, August
12that 4:30PM ET to provide greater detail on our plans
for the rest of 2020 and going forward. I believe that Data443 is
in the best positioning of its relatively short history, and we
have an impressive story to tell,” concluded Mr.
Remillard.
Conclusion
After years of
building and doing everything right, Data443 finds itself at the
center of the perfect storm of unrivaled growth for those companies
that offer solutions to the COVID-19 pandemic that is changing the
way we do business throughout the world. Hundreds of millions are
forced to work from home and cyber security is now more important
than ever and unprecedented numbers are discovering Data443 and
signing up for its popular and proved “Open Source” solutions. The
short and long-term outlook for Data443 appear to be remarkably
favorable for this fast-growing
gem.
Growth is also being
fueled by the new laws requiring Cyber Security and draconian
penalties for breeches that can bankrupt even well financed
companies.
With the growth curve
improving every day and the exceptionally undervalued share price
supported by actual market comps, it is no surprise that the share
trading activity recently experienced very heavy trading volume.
Over 155 million shares were traded which was unusually heavy
buying.
Other stocks on the move:
ENZC,
GRST, and
CCTL.
Original available at - https://www.pennymillions.com/blog/atds-breakout-is-inevitable-q3-filing-could-be-trigger-nbsp
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