December 7, 2020 -- InvestorsHub NewsWire -- via Seeking Alpha
-- About: Data443 Risk
Mitigation, Inc. (ATDS), Includes: AMZN, CHKP, CRWD, DDOG, FTNT
- Investors know about large cybersecurity companies such as
SPLK, DDOG, FTNT, OKTA, PFPT, CHKP, CRWD but few have ever heard
about fast upcoming $4.6M market cap DATA443 (OTCPK:ATDS)
- DATA443 has been skillfully acquiring compatible high-growth
companies but may soon find themselves the takeover target of
larger cash-rich companies
- Recurring record sales with high margins combined with record
low share price support Strong Buy
Cybersecurity is booming and so are most of their stocks such as
SPLK, DDOG, FTNT, OKTA, PFPT, CHKP, CRWD that are selling at record
high share prices. One very strong cybersecurity player that has
gone unnoticed so far is one cent DATA443 (ATDS:
OTC) with a share price that has been slowly slipping in value
from $.72 in the last 12 months to the current price of just under
1 penny.
About Data443 Risk Mitigation, Inc.
Data443 Risk Mitigation, Inc. (OTCPK: ATDS),
is the de facto industry leader in Data Privacy Solutions for All
Things Data Security™, providing software and services to enable
secure data across local devices, network, cloud, and databases, at
rest and in flight. Its suite of products and services is
highlighted by: (i) ARALOC™, which is a market leading
secure, cloud-based platform for the management, protection and
distribution of digital content to the desktop and mobile devices,
which protects an organization’s confidential content and
intellectual property assets from leakage — malicious or accidental
— without impacting collaboration between all stakeholders;
(II)
DATAEXPRESS®, the leading data transport, transformation
and delivery product trusted by leading financial organizations
worldwide; (III)
ArcMail™, which is a leading provider of simple, secure
and cost-effective email and enterprise archiving and management
solutions; (iv) ClassiDocs® the Company’s
award-winning data classification and governance technology, which
supports CCPA, LGPD, and GDPR compliance; (V)
ClassiDocs™ for Blockchain, which provides an
active implementation for the Ripple XRP that protects blockchain
transactions from inadvertent disclosure and data leaks; (vi)
Data443® Global Privacy Manager, the privacy
compliance and consumer loss mitigation platform which is
integrated with ClassiDocs™ to do the delivery
portions of GDPR and CCPA as well as process Data Privacy Access
Requests – removal request – with inventory by
ClassiDocs™; (VII)
Resilient AccessTM, which enables fine-grained access
controls across myriad platforms at scale for internal client
systems and commercial public cloud platforms like
Salesforce, Box.Net,
Google G Suite, Microsoft OneDrive and others; (viii)
Data443™ Chat History Scanner, which scans chat
messages for Compliance, Security, PII, PI, PCI & custom
keywords; (IX) the CCPA
Framework WordPress plugin, which enables organizations of all
sizes to comply with the CCPA privacy framework; (X)
FileFacets™, a Software-as-a-Service (SAAS)
platform that performs sophisticated data discovery and content
search of structured and unstructured data within corporate
networks, servers, content management systems, email, desktops and
laptops; (XI) the GDPR
Framework WordPress plugin, with over 30,000 active users and over
400,000 downloads it enables organizations of all sizes to comply
with the GDPR and other privacy frameworks; and (xii) IntellyWP, a
leading purveyor of user experience enhancement products for
webmasters for the world’s largest content management platform,
WordPress. For more information, please visit http://www.data443.com.
12 Month Downtrend and Record Low Share Price
Reversing
Looking at the price performance over the past year would cause
most investors to believe the company is doing poorly, but exactly
the opposite is true. DATA443 has been reporting a solid stream of
very bullish news reports for several months now but as most savvy
investors know, sellers of convertible notes that helped finance
the company’s growth have been unloading their shares to recoup
their investment creating an exceptional buying opportunity for
those smart investors who understand the increasing valuations that
are now about to pressure the share price back towards its highs
which were over $.70 in the past 12 months.
In addition to strong revenue growth reported, one recent
example pointing to stronger growth ahead is today’
announcement: “DATA443
CONTINUES ACCELERATION WITH EXPANSION INTO THE MIDDLE EAST OPENS
DUBAI OFFICE –Leverages Recent Client Wins; Locks In Significant
Territory Coverage”
“RESEARCH TRIANGLE PARK, NC, December 8, 2020 – Data443 Risk
Mitigation, Inc. (OTCPK: ATDS),
the leading data security and privacy software company for ALL
THINGS DATA SECURITY™, today announced the expansion of
its international presence with the opening of an office in Dubai.
The Dubai office will serve as the central hub for the Company’s
business development and marketing efforts in the Middle East,
Northern Africa and India region. This addition will continue to
strengthen the Data443 portfolio of telecommunications, banking,
government and oil & gas companies. “
“The expanded presence in Dubai furthers its commitment to
customer excellence and helps address the increasing worldwide
demand for data privacy and security solutions. Data443’s product
offerings enable secure data to provide user-enabled,
governance-enabled, up-to-date security for every data point, every
time – both on premise and in the cloud. This announcement follows
closely on its recent expansion on data center capabilities in the
US due to rapid capacity consumption from its customers.”
“We’re very excited to open our office in Dubai, one of the most
glamorous, and progressive cities in the world, and the heart of a
dynamic market,” said Jason Remillard, founder and CEO, Data443.
“We recognize the Middle East and Northern Africa as an opportunity
to expand our business and capabilities, and having direct
relationships are critical to serving customers. Since we started
Data443 we always intended to pursue international growth. Our
recent client wins in the Middle East proves that we can offer
companies in this area the perfect mix of products and services to
address their data security needs. We now have an even deeper
understanding of business and data security needs in this exciting
area of the world, and we plan on delivering excellent service and
quality as we continue to expand.”
“To further strengthen its position, Data443 has engaged Data
Taag Technologies Middle East LLC as the company’s master
distributor for the Middle East, Africa and India regions. Najaf
Ali, data security veteran and CEO of Data Taag, will lead
Data443’s entry into these markets just as he has with other global
leaders such as RedHat, VMWare and Amazon AWS.”
“Data443 has a great reputation for delivering market-leading
data security products and services,” said Najaf. “Data443 is
quickly emerging as a sought-after vendor in the Middle East data
security market, and the launch of their new office in Dubai will
help us meet the growing demand for Data443 solutions in the
region. I am honored to be part of the Data443 family and look
forward to playing a major role in expanding the company’s business
in the region and beyond.”
“Dubai is known as the gateway business hub.”
Conclusion
BioResearchAlert believes the current share price reflects an
outstanding opportunity to take advantage of selling pressure from
convertible note sellers that could soon be coming to an end as the
company finds itself closer and closer to positive cash flow. With
continued strong growth and selling pressure abating in the near
term, we believe ATDS shares are a very strong buy and should be
held for the intermediate and long-terms for what we believe could
be extraordinary gains.
Forward-Looking Statements
The statements contained in this release that are not historical
facts are forward-looking statements as defined in the Private
Securities Litigation Reform Act of 1995. Words such as “may,”
“will,” “could,” “should,” “expect,” “plan,” “project,” “intend,”
“anticipate,” “believe,” “estimate,” “predict,” “potential,”
“pursuant,” “target,” “continue,” and similar expressions are
intended to identify such forward-looking statements. The
statements in this press release that are not historical
statements, including statements regarding Data443’s plans,
objectives, future opportunities for Data443’s services, future
financial performance and operating results and any other
statements regarding Data443’s future expectations, beliefs, plans,
objectives, financial conditions, assumptions or future events or
performance that are not historical facts, are forward-looking
statements within the meaning of the federal securities laws. These
statements are not guarantees of future performance and are subject
to numerous risks, uncertainties, and assumptions, many of which
are beyond Data443’s control, and which could cause actual results
to differ materially from the results expressed or implied by the
statements. These statements are not guarantees of future
performance and involve risks, uncertainties and assumptions that
are difficult to predict, and include, without limitation, results
of litigation, settlements and investigations; actions by third
parties, including governmental agencies; volatility in customer
spending; global economic conditions; ability to hire and retain
personnel; loss of, or reduction in business with, key customers;
difficulty with growth and integration of acquisitions; product
liability; cybersecurity risk; anti-takeover measures in our
charter documents; and, the uncertainties created by the ongoing
outbreak of a respiratory illness caused by the 2019 novel
coronavirus that was recently named by the World Health
Organization as COVID-19. These and other important risk factors
are described more fully in our reports and other documents filed
with the Securities and Exchange Commission (“the SEC”), including
under (i) “Part I, Item 1A. Risk Factors”, in our Registration
Statement on Form 10 filed with the SEC on January 11, 2019 and
amended on April 24, 2019; (II) “Part I,
Item 1A. Risk Factors”, in our Annual Report on Form 10-K filed
with the SEC on 17 April 2020; and, (III)
subsequent filings. Undue reliance should not be placed on the
forward-looking statements in this press release, which are based
on information available to us on the date hereof. Except as
otherwise required by applicable law, we undertake no obligation to
publicly update or revise any forward-looking statements, whether
because of new information, future events, or otherwise.
Disclosure: I/we have no positions in any
stocks mentioned, and no plans to initiate any positions within the
next 72 hours.
SOURCE: Seeking Alpha
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