Appointment of Chief Product Officer

RNS Number : 9529B

Kape Technologies PLC

06 October 2022

 

6 October 2022

Kape Technologies plc

("Kape," the "Company," or the "Group")

Appointment of Chief Product Officer to Kape's Digital Privacy Division

Kape (AIM: KAPE), the digital security and privacy software business, announces the appointment of Mike Truong as Chief Product Officer of its Digital Privacy division with immediate effect. In the role, Mike will lead product strategy for the division's flagship brand ExpressVPN, as well as CyberGhost and Private Internet Access.

Mike brings an incredible depth of experience as a product leader. Most recently, he was Group Head of Product & Analytics at Grab, one of Asia's largest and most successful technology companies whose super-app has over 32 million monthly users. Prior to Grab, he was Head of Product at Uber, where he worked across multiple verticals.

Ido Erlichman, Chief Executive Officer of Kape, commented:

"Mike's diverse experience in consumer product leadership roles at multinational corporations will undoubtedly benefit the Group. We look forward to him helping us capitalise on a number of exciting growth opportunities in the fast-expanding digital privacy arena.

With his proven track record of developing innovative solutions that augment consumer experiences, Mike has invaluable skills that will help continue the strong development of our Privacy division".

Mike Truong, Chief Product Officer, Digital Privacy division, added:

"Digital privacy and security dominate the headlines every day. Empowering people to have control of their online presence is one of the major challenges of our current tech age. Kape's leading privacy brands mean that it is in an excellent position to serve the massive growth in need for such protection. It's an incredibly exciting time to join Kape and make an impact in this booming space."

Enquiries:

Kape Technologies plc Ido Erlichman, Chief Executive Officer Oded Baskind, Chief Financial Officer	via Vigo Consulting
Shore Capital   (Nominated Adviser & Broker) Toby Gibbs / Mark Percy / James Thomas / Iain Sexton	[phone]
Stifel Nicolaus Europe Limited   (Joint Broker) Alex Price / Brad Topchik / Alain Dobkin / Richard Short	[phone]
Vigo Consulting   (Financial Public Relations) Jeremy Garcia / Kendall Hill [e-mail]	[phone]

About Kape

Kape is a leading 'privacy-first' digital security software provider to consumers. Through its range of privacy and security products, Kape focusses on protecting consumers and their personal data as they go about their daily digital lives.

Kape has over 7 million paying subscribers, supported by a team of over 1000 people across ten locations worldwide. Kape has a proven track record of revenue and EBITDA growth, underpinned by a strong business model which leverages our digital marketing expertise.

Through its subscription-based platform, Kape has fast established a highly scalable SaaS-based operating model, geared towards capitalising on the vast global consumer digital privacy market.

www.kape.com  

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